Data as of .
CAIQ vs KYLD: which paid, and which earned it?
CAIQ and KYLD both write options for income.
What they hold in common
By the books each fund has filed, CAIQ and KYLD hold 0% of their money in the same securities at the same weight.
| Only in CAIQ | Only in KYLD |
|---|---|
| Calamos Tax-Aware Collateral ETF 100.00% | TREASURY BILL 12.96% |
| TREASURY BILL 11.01% | |
| Global X Silver Miners ETF 7.09% | |
| VanEck Gold Miners ETF/USA 6.38% | |
| Advanced Micro Devices Inc 6.21% | |
| Intel Corp 6.19% | |
| Howmet Aerospace Inc 5.97% | |
| Teradyne Inc 5.77% |
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 dated Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CAIQ | KYLD | CAIQ | KYLD | CAIQ | KYLD | |
| 3 months | −0.5% | −6.3% | 4.3% | 5.6% | +1.9 pts | −8.5 pts |
| 6 months | +16.5% | +24.4% | 9.5% | 14.1% | −7.7 pts | +6.4 pts |
| Since launch | +16.7% | +2.0% | 13.7% | 20.9% | −7.0 pts | −10.9 pts |
| CAIQ Calamos Nasdaq Autocallable Income ETF Option income on QQQ, paying monthly | KYLD Kurv High Income ETF Option income on SPY, paying weekly | |
|---|---|---|
| Issuer | Calamos | Kurv |
| Strategy | option income | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 17.9% | 25.6% |
| Expense ratio | 0.74% | 1.00% |
| Cash paid, 1 year | 13.7% (since launch on Nov 20, 2025) | 20.9% (since launch on Oct 31, 2025) |
| Price change, 1 year | +2.1% | −20.5% |
| Total return, 1 year | +16.7% (since launch on Nov 20, 2025) | +2.0% (since launch on Oct 31, 2025) |
| Benchmark return, 1 year | +23.6% | +12.9% |
| Ahead or behind | −7.0 pts | −10.9 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 302 days | 322 days |
| Net assets | $167m | $49m |
CAIQ in plain words
Over the period since launch on Nov 20, 2025 to Sep 18, 2026, CAIQ paid 13.7% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +16.7%. Nasdaq-100 (QQQ) returned +23.6% over the same days, so a holder was behind by 7.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 17.9%, paid monthly.
KYLD in plain words
Over the period since launch on Oct 31, 2025 to Sep 18, 2026, KYLD paid 20.9% of its starting value in cash distributions while its price fell 20.5%. With every distribution reinvested, the fund returned +2.0%. S&P 500 (SPY), used as a default proxy returned +12.9% over the same days, so a holder was behind by 10.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.6%, paid weekly. Kurv estimates that 100% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, CAIQ or KYLD?
- CAIQ charges 0.74% a year and KYLD charges 1.00%, so CAIQ 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, CAIQ against KYLD, data as of Sep 18, 2026. https://etfiq.com/compare/income/caiq-vs-kyld Free to use with attribution; the underlying files are at Open data.