Data as of . Every figure is the income desk's own, on published data.
QYLD vs SPYI
What they hold in common
By the books each fund has filed, QYLD and SPYI hold 40% of their money in the same securities at the same weight.
| Holding | QYLD | SPYI |
|---|---|---|
| NVIDIA CORPORATION | 8.56% | 7.57% |
| MICROSOFT CORPORATION | 5.34% | 4.32% |
| ALPHABET INC. | 3.95% | 3.28% |
| BROADCOM INC. | 3.49% | 2.80% |
| ALPHABET INC. | 3.66% | 2.61% |
| MICRON TECHNOLOGY, INC. | 2.83% | 1.99% |
| META PLATFORMS, INC. | 3.18% | 1.92% |
| TESLA, INC. | 3.36% | 1.85% |
| INTEL CORPORATION | 2.30% | 1.01% |
| LAM RESEARCH CORPORATION | 1.57% | 0.84% |
| WALMART INC. | 3.14% | 0.77% |
| CISCO SYSTEMS, INC. | 1.76% | 0.72% |
| Only in QYLD | Only in SPYI |
|---|---|
| APPLE INC. 7.03% | Apple Inc 6.59% |
| AMAZON.COM, INC. 5.02% | Amazon.com Inc 3.65% |
| ADVANCED MICRO DEVICES, INC. 2.81% | Eli Lilly & Co 1.47% |
| APPLIED MATERIALS, INC. 1.52% | Advanced Micro Devices Inc 1.47% |
| LINDE PUBLIC LIMITED COMPANY 1.13% | Berkshire Hathaway Inc 1.43% |
| ANALOG DEVICES, INC. 0.96% | JPMorgan Chase & Co 1.37% |
| AMGEN INC. 0.91% | Johnson & Johnson 0.95% |
| SHOPIFY INC. 0.72% | Visa Inc 0.90% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| QYLD | SPYI | QYLD | SPYI | QYLD | SPYI | |
| 3 months | +6.3% | +5.2% | 3.1% | 3.0% | +4.2 pts | +0.5 pts |
| 6 months | +11.7% | +11.8% | 6.2% | 6.2% | −8.4 pts | −3.3 pts |
| 1 year | +23.5% | +17.5% | 12.7% | 12.2% | −2.1 pts | −2.5 pts |
| 3 years | +51.5% | +56.8% | 36.7% | 37.3% | −42.0 pts | −21.2 pts |
| Since launch | +195.3% | +77.8% | 116.0% | 49.2% | −644.5 pts | −26.2 pts |
| QYLD Global X NASDAQ 100 Covered Call ETF | SPYI NEOS S&P 500(R) High Income ETF | |
|---|---|---|
| Issuer | Global X | NEOS |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualised | 11.9% | 12.1% |
| Expense ratio | 0.60% | 0.68% |
| Cash paid, 1 year | 12.7% | 12.2% |
| Price change, 1 year | +9.5% | +4.2% |
| Total return, 1 year | +23.5% | +17.5% |
| Benchmark return, 1 year | +25.6% | +20.0% |
| Ahead or behind | −2.1 pts | −2.5 pts |
| Return of capital, latest estimate | 100% | 93% |
| Age | 4649 days | 1466 days |
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).
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, QYLD or SPYI?
- Over the year to Sep 4, 2026, QYLD paid 12.7% of its starting price in cash and SPYI paid 12.2%, so QYLD paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, QYLD or SPYI?
- With every distribution reinvested, QYLD returned +23.5% and SPYI returned +17.5% over the year to Sep 4, 2026, so QYLD returned more.
- Which is cheaper, QYLD or SPYI?
- QYLD charges 0.60% a year and SPYI charges 0.68%, so QYLD 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, QYLD against SPYI, data as of Sep 4, 2026. https://etfiq.com/compare/income/QYLD-SPYI.html Free to use with attribution; the underlying files are at Open data.