Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs QYLD
Invesco QQQ Trust and Global X NASDAQ 100 Covered Call ETF.
| QQQ Invesco QQQ Trust | QYLD Global X NASDAQ 100 Covered Call ETF | |
|---|---|---|
| Where it sits | Core fund | Income desk |
| Issuer | Invesco | Global X |
| What it is | Nasdaq-100, book from QQQM | covered call, vs QQQ |
| Total return, 1 year | +25.6% | +23.5% |
| S&P 500 over the same days | +20.0% | +25.6% |
| Gap to the S&P 500 | +5.6 pts | −2.1 pts |
| Cash paid, 1 year | not an income fund | 12.7% |
| Expense ratio | 0.18% | 0.60% |
| Holdings | 101 | n/a |
QQQ in plain words
QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.
QYLD in plain words
Over the year to Sep 4, 2026, QYLD paid 12.7% of its starting value in cash distributions while its price rose 9.5%. With every distribution reinvested, the fund returned +23.5%. Nasdaq-100 (QQQ) returned +25.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 11.9%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
Questions people ask
- Which returned more over the last year, QQQ or QYLD?
- In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and QYLD returned +23.5%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or QYLD?
- QQQ charges 0.18% a year and QYLD charges 0.60%, so QQQ is cheaper. Fees come from each fund's prospectus.
- Are QQQ and QYLD the same kind of fund?
- No. QQQ is an index ETF and QYLD is an option-income ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
Other comparisons
Where to next
Cite this page. ETFIQ, QQQ against QYLD, data as of Sep 4, 2026. https://etfiq.com/compare/any/QQQ-QYLD.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. ETFIQ publishes the same fields for every fund and suggests no allocation. Standards and sources