Data as of . Every figure is the income desk's own, on published data.
APLY vs QDTE
YieldMax(R) AAPL Option Income Strategy ETF and Roundhill Innovation-100 0DTE Covered Call Strategy ETF, side by side on the income desk.
Open the live comparison on ETFIQ| APLY YieldMax(R) AAPL Option Income Strategy ETF | QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | |
|---|---|---|
| Issuer | YieldMax | Roundhill |
| Strategy | synthetic covered call | 0DTE covered call |
| Benchmark | Apple (AAPL) | Nasdaq-100 (QQQ) |
| Pays | weekly | weekly |
| Payout rate, annualised | 26.2% | 25.1% |
| Expense ratio | 1.04% | 0.96% |
| Cash paid, 1 year | 30.9% | 37.4% |
| Price change, 1 year | −14.8% | −17.0% |
| Total return, 1 year | +18.6% | +24.7% |
| Benchmark return, 1 year | +33.9% | +25.6% |
| Ahead or behind | −15.3 pts | −0.9 pts |
| Return of capital, latest estimate | 92% | not published |
| Age | 1235 days | 911 days |
APLY in plain words
Over the year to Sep 4, 2026, APLY paid 30.9% of its starting value in cash distributions while its price fell 14.8%. With every distribution reinvested, the fund returned +18.6%. Apple (AAPL) returned +33.9% over the same days, so a holder was behind by 15.3 pts. At its price on Sep 4, 2026 the latest distribution annualises to 26.2%, paid weekly. YieldMax estimates that 92% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
QDTE in plain words
Over the year to Sep 4, 2026, QDTE paid 37.4% of its starting value in cash distributions while its price fell 17.0%. With every distribution reinvested, the fund returned +24.7%. Nasdaq-100 (QQQ) returned +25.6% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 4, 2026 the latest distribution annualises to 25.1%, paid weekly.
Questions people ask
- Which paid more, APLY or QDTE?
- Over the year to Sep 4, 2026, APLY paid 30.9% of its starting price in cash and QDTE paid 37.4%, so QDTE paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, APLY or QDTE?
- With every distribution reinvested, APLY returned +18.6% and QDTE returned +24.7% over the year to Sep 4, 2026, so QDTE returned more.
- Which is cheaper, APLY or QDTE?
- APLY charges 1.04% a year and QDTE charges 0.96%, so QDTE is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this page. ETFIQ, APLY against QDTE, data as of Sep 4, 2026. https://etfiq.com/compare/income/APLY-QDTE.html Free to use with attribution; the underlying files are at Open data.
ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources