Which paid more, CONY or QYLD?

Over the year to Oct 28, 2026, CONY paid 32.2% of its starting price in cash and QYLD paid 12.3%, so CONY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, CONY or QYLD?

With every distribution reinvested, CONY returned −46.4% and QYLD +19.3% over the year to Oct 28, 2026.

Which is cheaper, CONY or QYLD?

CONY charges 1.04% a year and QYLD charges 0.60%, so QYLD is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Income ETFs

CONY vs QYLD: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Oct 28, 2026, CONY paid 32.2% of its price in cash against QYLD’s 12.3%, though QYLD returned more with it reinvested.

askIQ about this page

askIQ about CONY and QYLD

Net assets: $339m on Oct 27, 2026 for YieldMax COIN Option Income Strategy ETF, and $8.5bn on Oct 12, 2026 for Global X NASDAQ 100 Covered Call ETF.

CONY on its own →QYLD on its own →

At a glance

32.2%

CONY cash paid, 1 year

12.3%

QYLD cash paid, 1 year

−46.4%

CONY total return, 1 year

+19.3%

QYLD total return, 1 year

CONY · 1 year to Oct 28, 2026 7.9 pts ahead of COIN

CONY

−46.4%

COIN

−54.3%

7.9 pts ahead of COIN

CONY over 1 year: paid 32.2%, price −73.9%, total −46.4%, COIN −54.3%, +7.9 pts. Data to Oct 28, 2026.

COIN

−54.3%

CONY

−46.4%

7.9 pts ahead of COIN

Total return, distributions reinvested

7.9 pts ahead of COIN

CONY over 1 year: paid 32.2%, price −73.9%, total −46.4%, COIN −54.3%, +7.9 pts. Data to Oct 28, 2026.

COIN

−54.3%

CONY

−46.4%

7.9 pts ahead of COIN

32.2% of it arrived as cash. Total return, distributions reinvested. CONY over 1 year: paid 32.2%, price −73.9%, total −46.4%, COIN −54.3%, +7.9 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

QYLD · 1 year to Oct 28, 2026 4.1 pts ahead of QQQ

QYLD

+19.3%

QQQ

+15.2%

4.1 pts ahead of QQQ

QYLD over 1 year: paid 12.3%, price +5.8%, total +19.3%, QQQ +15.2%, +4.1 pts. Data to Oct 28, 2026.

QQQ

+15.2%

QYLD

+19.3%

12.3% as cash

4.1 pts ahead of QQQ

Total return, distributions reinvested

4.1 pts ahead of QQQ

QYLD over 1 year: paid 12.3%, price +5.8%, total +19.3%, QQQ +15.2%, +4.1 pts. Data to Oct 28, 2026.

QQQ

+15.2%

QYLD

+19.3%

4.1 pts ahead of QQQ

12.3% of it arrived as cash. Both charts share one scale, with zero at the line. QYLD over 1 year: paid 12.3%, price +5.8%, total +19.3%, QQQ +15.2%, +4.1 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

QYLD costs 0.44 points a year less; their one-year returns differ by 65.7 points; QYLD is far larger, $8.5bn against $376m.

Points (pts) are percentage points.

CONY vs QYLD: Dividend Yield & Total Return
Measure	CONY	QYLD
Paid and earned
Measure	CONY	QYLD
Total return, 1 year	−46.4%	+19.3%
Price change, 1 year	fell 73.9%	rose 5.8%
Return of capital, issuer estimate	21% of the Oct 30, 2026 payment	99% of the Sep 24, 2026 payment
Against its benchmark
Measure	CONY	QYLD
Benchmark	Coinbase (COIN)	Nasdaq-100, measured through QQQ
Cost and size
Measure	CONY	QYLD
Expense ratio	1.04%	0.60%
Net assets, as of Oct 12, 2026	$376m	$8.5bn
Holdings
Measure	CONY	QYLD
Holdings in common	0%

ETFIQ Distribution Coverage Score · QYLD scores higher How much of what it paid out did its total return cover?

CONY among the 74 income ETFs writing on a single company

IQ Income Score16.9CONY82QYLD

How much of its payouts the fund's total return covered, ranked against 74 income ETFs writing on a single company and 164 income ETFs not writing on a single company. 100 is best. How it is computed

CONY 16.9

0.7, the lowest in this set 99.3, the highest

QYLD among the 164 income ETFs not writing on a single company

QYLD 82

0.3, the lowest in this set 99.7, the highest

A percentile among the 74 income ETFs writing on a single company. QYLD is a percentile among the 164 income ETFs not writing on a single company, a different set, so the two marks are not on one scale. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Holdings in common uses holdings dated Jul 31, 2026 and Oct 28, 2026. Method

Risk and return

Aug 25, 2023 to Oct 23, 2026 · 165 weekly returns

CONY QYLD

Return

Total return edge QYLD +39.5% +53.7%

Annualized edge QYLD +11.1% +14.5%

Price return edge QYLD −90.7% +4.6%

Risk

Volatility edge QYLD 59.4% 11.7%

Max drawdown edge QYLD −60.8% −17.5%

Downside capture 97.3% 64.8%

Beta 0.74 0.55

Risk-adjusted

Sharpe edge QYLD 0.39 0.83

Sortino edge QYLD 0.61 1.20

Treynor 0.315 0.129

Calmar edge QYLD 0.18 0.83

Against the benchmark

Alpha −13.1% a year −2.3% a year

Alpha t-stat −1.62 −1.36

Information ratio −1.04 −0.94

Tracking error 25.2% 10.6%

Each against its own benchmark: CONY against COIN, Aug 25, 2023 to Oct 23, 2026; QYLD against QQQ, Dec 20, 2013 to Oct 23, 2026.

Reading

QYLD returned more: +53.7% to +39.5%. QYLD swung less: 11.7% to 59.4%. QYLD fell less at its worst: −17.5% to −60.8%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: CONY vs QYLD: Dividend Yield & Total Return
Measure	CONY	QYLD	Edge	How it is measured
Return
Total return	+39.5%	+53.7%	QYLD	Price change plus distributions, reinvested.
Annualized	+11.1%	+14.5%	QYLD	Total return as a yearly rate.
Price return	−90.7%	+4.6%	QYLD	Price change alone, distributions left out.
Risk
Volatility	59.4%	11.7%	QYLD	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	38.0%	8.1%	QYLD	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−60.8%	−17.5%	QYLD	Deepest fall from a high to the low after it.
Upside capture	33.2%	37.8%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	97.3%	64.8%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	0.74	0.55	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.94	0.77	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.39	0.83	QYLD	Return above Treasury bills per unit of volatility.
Sortino	0.61	1.20	QYLD	Return above Treasury bills per unit of downside deviation.
Treynor	0.315	0.129		Return above Treasury bills per unit of beta.
Calmar	0.18	0.83	QYLD	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	COIN	QQQ		The ETF each fund is measured against.
Alpha	−13.1% a year	−2.3% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−1.62	−1.36	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−29.1% to +2.8%	−5.5% to +1.0%	Includes zero	The 95% range for the yearly alpha.
Information ratio	−1.04	−0.94		Return against its benchmark per unit of tracking error.
Tracking error	25.2%	10.6%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 165 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, CONY and QYLD hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 28, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first CONY QYLD

Only in one fund ↓

Only in CONY

United States Treasury Note/Bond 2.375% 05/15/2027 27.08%

United States Treasury Note/Bond 3.375% 09/15/2027 15.23%

COIN US 11/20/26 C170 3.18%

COIN US 12/18/26 C185 2.34%

COIN US 10/30/26 C180 0.50%

COIN US 10/30/26 C177.5 0.19%

COIN US 10/30/26 C182.5 0.13%

COIN US 10/30/26 C185 0.04%

Only in QYLD

NVIDIA CORPORATION 8.20%

APPLE INC. 7.65%

MICROSOFT CORPORATION 5.82%

AMAZON.COM, INC. 4.93%

MICRON TECHNOLOGY, INC. 4.32%

ADVANCED MICRO DEVICES, INC. 3.62%

ALPHABET INC. 3.50%

ALPHABET INC. 3.28%

Check overlap with more funds →

Side by side

CONY YieldMax COIN Option Income Strategy ETF · Synthetic covered call on COIN, paying weekly QYLD Global X NASDAQ 100 Covered Call ETF · Covered call on QQQ, paying monthly

Issuer YieldMax Global X

Strategy synthetic covered call covered call

Benchmark Coinbase (COIN) Nasdaq-100 (QQQ)

Pays weekly monthly

Payout rate, annualized 58.5% 11.9%

Expense ratio 1.04% 0.60%

Cash paid, 1 year 32.2% 12.3%

Price change, 1 year −73.9% +5.8%

Total return, 1 year −46.4% +19.3%

Benchmark return, 1 year −54.3% +15.2%

Ahead or behind +7.9 pts +4.1 pts

Return of capital, latest estimate 21% 99%

Age 3.2 years 12.9 years

Net assets, CONY as of Oct 27, 2026 and QYLD as of Oct 12, 2026 $339m $8.5bn

As of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: CONY vs QYLD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CONY	QYLD	CONY	QYLD	CONY	QYLD
3 months	+4.5%	+10.4%	17.6%	3.1%	+3.1 pts	+0.6 pts
6 months	−5.0%	+9.4%	30.0%	6.1%	+5.7 pts	−0.5 pts
1 year	−46.4%	+19.3%	32.2%	12.3%	+7.9 pts	+4.1 pts
3 years	+33.8%	+62.2%	180.5%	39.3%	−95.5 pts	−51.5 pts
Since launchNot the same days: CONY Aug 2023 · QYLD Dec 2013	+30.9%	+202.5%	172.2%	117.5%	−74.1 pts	−646.8 pts

Open this comparison in the app →

Client brief · page 1 of 2 Report BR-E9DE4C4501

CONY and QYLD are built for the same job. How do they differ in cost, holdings and results?

Income paid. CONY paid 32.2% and QYLD 12.3% (cash paid over 1 year, as a share of its price at the start), a gap of 19.9 points.
What each is measured against. CONY is measured against Coinbase (COIN) and QYLD against Nasdaq-100 through QQQ.
Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 28, 2026 and Jul 31, 2026).

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

CONY

Over the year to Oct 28, 2026, CONY paid 32.2% of its starting value in cash distributions while its price fell 73.9%. With every distribution reinvested, the fund returned −46.4%. Coinbase (COIN) returned −54.3% over the same days, so a holder was ahead by 7.9 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 58.5%, paid weekly. YieldMax estimates that 21% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

QYLD

Over the year to Oct 28, 2026, QYLD paid 12.3% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +19.3%. Nasdaq-100 (QQQ) returned +15.2% over the same days, so a holder was ahead by 4.1 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 11.9%, paid monthly. Global X estimates that 99% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, CONY or QYLD?: Over the year to Oct 28, 2026, CONY paid 32.2% of its starting price in cash and QYLD paid 12.3%, so CONY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, CONY or QYLD?: With every distribution reinvested, CONY returned −46.4% and QYLD +19.3% over the year to Oct 28, 2026.
Which is cheaper, CONY or QYLD?: CONY charges 1.04% a year and QYLD charges 0.60%, so QYLD is cheaper. Fees come from each fund's prospectus.

Other comparisons

CONY vs QQQI CONY vs GPIQ CONY vs JEPQ CONY vs QDTE QYLD vs YMAX QYLD vs TCAL QYLD vs TSPY QYLD vs PAPI

Where to next

Nasdaq-100 (QQQ) →CONY on its own →QYLD on its own →CONY dividend history →CONY holdings →QYLD dividend history →QYLD holdings →Method →Standards and sources →

Sources and dates

CONY filings on SEC EDGAR ↗

CONY prospectus with the expense ratio (SEC) ↗

CONY 19a-1 distribution notice ↗

YieldMax page for CONY ↗

QYLD filings on SEC EDGAR ↗

QYLD prospectus with the expense ratio (SEC) ↗

QYLD 19a-1 distribution notice ↗

Global X page for QYLD ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CONY against QYLD, data as of Oct 28, 2026. https://etfiq.com/compare/income/cony-vs-qyld

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.