Data as of . Every figure is the income desk's own, on published data.
QDTE vs SPYI
What they hold in common
By the books each fund has filed, QDTE and SPYI hold 0% of their money in the same securities at the same weight.
| Only in QDTE | Only in SPYI |
|---|---|
| Roundhill Weekly T-Bill ETF 100.00% | NVIDIA Corp 7.57% |
| Apple Inc 6.59% | |
| Microsoft Corp 4.32% | |
| Amazon.com Inc 3.65% | |
| Alphabet Inc 3.28% | |
| Broadcom Inc 2.80% | |
| Alphabet Inc 2.61% | |
| Micron Technology Inc 1.99% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| QDTE | SPYI | QDTE | SPYI | QDTE | SPYI | |
| 3 months | +3.6% | +5.2% | 8.0% | 3.0% | +1.5 pts | +0.5 pts |
| 6 months | +15.3% | +11.8% | 15.8% | 6.2% | −4.8 pts | −3.3 pts |
| 1 year | +24.7% | +17.5% | 37.4% | 12.2% | −0.9 pts | −2.5 pts |
| 3 years | n/a | +56.8% | n/a | 37.3% | n/a | −21.2 pts |
| Since launch | +58.7% | +77.8% | 73.5% | 49.2% | −4.9 pts | −26.2 pts |
| QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | SPYI NEOS S&P 500(R) High Income ETF | |
|---|---|---|
| Issuer | Roundhill | NEOS |
| Strategy | 0DTE covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualised | 25.1% | 12.1% |
| Expense ratio | 0.96% | 0.68% |
| Cash paid, 1 year | 37.4% | 12.2% |
| Price change, 1 year | −17.0% | +4.2% |
| Total return, 1 year | +24.7% | +17.5% |
| Benchmark return, 1 year | +25.6% | +20.0% |
| Ahead or behind | −0.9 pts | −2.5 pts |
| Return of capital, latest estimate | not published | 93% |
| Age | 911 days | 1466 days |
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.
SPYI in plain words
Over the year to Sep 4, 2026, SPYI paid 12.2% of its starting value in cash distributions while its price rose 4.2%. With every distribution reinvested, the fund returned +17.5%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 2.5 pts. At its price on Sep 4, 2026 the latest distribution annualises to 12.1%, paid monthly. NEOS estimates that 93% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
Questions people ask
- Which paid more, QDTE or SPYI?
- Over the year to Sep 4, 2026, QDTE paid 37.4% of its starting price in cash and SPYI paid 12.2%, 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, QDTE or SPYI?
- With every distribution reinvested, QDTE returned +24.7% and SPYI returned +17.5% over the year to Sep 4, 2026, so QDTE returned more.
- Which is cheaper, QDTE or SPYI?
- QDTE charges 0.96% a year and SPYI charges 0.68%, so SPYI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QDTE against SPYI, data as of Sep 4, 2026. https://etfiq.com/compare/income/QDTE-SPYI.html Free to use with attribution; the underlying files are at Open data.