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Data as of .

DDDD vs QDTY: which paid, and which earned it?

DDDD and QDTY both write options for income.

YieldMax(R) U.S. Stocks Target Double Distribution ETF and YieldMax(R) Nasdaq 100 0DTE Covered Call Strategy ETF.

1.6%DDDD cash paid, 1 year
30.9%QDTY cash paid, 1 year
+8.7%DDDD total return, 1 year
+20.2%QDTY total return, 1 year
DDDD6.5 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%DDDD+8.7%6.5 pts behind SPYTotal return, distributions reinvestedSPY+15.3%DDDD+8.7%6.5 pts behind SPY
QDTY1.6 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QDTY+20.2%30.9% of it arrived as cash1.6 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QDTY+20.2%30.9% as cash1.6 pts behind QQQ

What they hold in common

By the books each fund has filed, DDDD and QDTY hold 1% of their money in the same securities at the same weight.

Positions DDDD and QDTY both hold, largest shared weight first
HoldingDDDDQDTY
First American Government Obligations Fund 12/01/20311.65%0.53%
Only in each
Only in DDDDOnly in QDTY
Merck & Co Inc 4.93%NDX 12/18/2026 1001.26 C 96.19%
Abbott Laboratories 4.53%XND 12/18/2026 10.02 C 3.21%
Amgen Inc 4.38%United States Treasury Bill 10/15/2026 0.07%
Coca-Cola Co/The 4.30%
Chevron Corp 4.25%
ConocoPhillips 4.07%
Procter & Gamble Co/The 4.01%
Verizon Communications Inc 3.96%

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 Sep 21, 2026.

Performance, window by window

DDDD and QDTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DDDDQDTYDDDDQDTYDDDDQDTY
3 months+4.9%−0.9%1.6%7.9%+2.6 pts+1.6 pts
6 months+10.5%+20.7%1.7%17.3%−7.6 pts−3.6 pts
1 yearnot published+20.2%not published30.9%not published−1.6 pts
Since launch+8.7%+27.1%1.6%42.0%−6.5 pts−8.5 pts
Open the live comparison on ETFIQ
DDDD and QDTY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DDDD
YieldMax(R) U.S. Stocks Target Double Distribution ETF
Synthetic covered call on SPY
QDTY
YieldMax(R) Nasdaq 100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
IssuerYieldMaxYieldMax
Strategysynthetic covered call0DTE covered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysnot establishedweekly
Payout rate, annualized18.4%25.9%
Expense ratio1.01%1.17%
Cash paid, 1 year1.6% (since launch on Mar 12, 2026)30.9%
Price change, 1 year+7.0%−14.0%
Total return, 1 year+8.7% (since launch on Mar 12, 2026)+20.2%
Benchmark return, 1 year+15.3%+21.8%
Ahead or behind−6.5 pts−1.6 pts
Return of capital, latest estimate67%94%
Age190 days582 days
Net assets$7m$27m

DDDD in plain words

Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

QDTY in plain words

Over the year to Sep 18, 2026, QDTY paid 30.9% of its starting value in cash distributions while its price fell 14.0%. With every distribution reinvested, the fund returned +20.2%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 1.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.9%, paid weekly. YieldMax estimates that 94% of the distribution paid Sep 17, 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, DDDD or QDTY?
DDDD charges 1.01% a year and QDTY charges 1.17%, so DDDD 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.

DDDD against QDTY, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DDDD against QDTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-qdty Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources