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Data as of .

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

DDDD and QUSA both write options for income.

YieldMax(R) U.S. Stocks Target Double Distribution ETF and VistaShares Target 15 USA Quality Income ETF.

1.6%DDDD cash paid, 1 year
13.8%QUSA cash paid, 1 year
+8.7%DDDD total return, 1 year
+3.5%QUSA 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
QUSA11.7 pts behind QUAL · 1 year to Sep 18, 2026
QUAL+15.2%QUSA+3.5%13.8% as cash11.7 pts behind QUALTotal return, distributions reinvestedQUAL+15.2%QUSA+3.5%11.7 pts behind QUAL

What they hold in common

By the books each fund has filed, DDDD and QUSA hold 15% of their money in the same securities at the same weight.

Positions DDDD and QUSA both hold, largest shared weight first
HoldingDDDDQUSA
Coca-Cola Co/The4.02%4.33%
Procter & Gamble Co/The3.67%3.85%
Abbott Laboratories3.12%2.35%
QUALCOMM Inc4.85%1.95%
Lockheed Martin Corp2.67%1.76%
Merck & Co Inc3.63%1.41%
Only in each
Only in DDDDOnly in QUSA
Texas Instruments Inc 5.66%Microsoft Corp 6.08%
UnitedHealth Group Inc 5.04%Apple Inc 5.99%
Chevron Corp 4.10%NVIDIA Corp 5.78%
ConocoPhillips 3.91%Berkshire Hathaway Inc 5.35%
PepsiCo Inc 3.85%Caterpillar Inc 4.91%
Amgen Inc 3.64%Broadcom Inc 4.70%
Verizon Communications Inc 3.64%Costco Wholesale Corp 4.40%
Home Depot Inc/The 3.55%Meta Platforms Inc 4.28%

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 Sep 21, 2026.

Performance, window by window

DDDD and QUSA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DDDDQUSADDDDQUSADDDDQUSA
3 months+4.9%−1.9%1.6%3.6%+2.6 pts−3.6 pts
6 months+10.5%+10.4%1.7%7.8%−7.6 pts−4.3 pts
1 yearnot published+3.5%not published13.8%not published−11.7 pts
Since launch+8.7%+4.9%1.6%15.1%−6.5 pts−25.8 pts
Open the live comparison on ETFIQ
DDDD and QUSA 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
QUSA
VistaShares Target 15 USA Quality Income ETF
Covered call on QUAL, paying monthly
IssuerYieldMaxVistaShares
Strategysynthetic covered callcovered call
BenchmarkS&P 500 (SPY)USA Quality (QUAL), used as the quality proxy
Paysnot establishedmonthly
Payout rate, annualized18.4%15.3%
Expense ratio1.01%0.97%
Cash paid, 1 year1.6% (since launch on Mar 12, 2026)13.8%
Price change, 1 year+7.0%−11.0%
Total return, 1 year+8.7% (since launch on Mar 12, 2026)+3.5%
Benchmark return, 1 year+15.3%+15.2%
Ahead or behind−6.5 pts−11.7 pts
Return of capital, latest estimate67%not published
Age190 days500 days
Net assets$7m$22m

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).

QUSA in plain words

Over the year to Sep 18, 2026, QUSA paid 13.8% of its starting value in cash distributions while its price fell 11.0%. With every distribution reinvested, the fund returned +3.5%. USA Quality (QUAL), used as the quality proxy returned +15.2% over the same days, so a holder was behind by 11.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.

Questions people ask

Which is cheaper, DDDD or QUSA?
DDDD charges 1.01% a year and QUSA charges 0.97%, so QUSA 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 QUSA, 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 QUSA, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-qusa Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources