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Data as of .

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

DDDD and QYLD both write options for income.

YieldMax(R) U.S. Stocks Target Double Distribution ETF and Global X NASDAQ 100 Covered Call ETF.

1.6%DDDD cash paid, 1 year
12.5%QYLD cash paid, 1 year
+8.7%DDDD total return, 1 year
+23.0%QYLD 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
QYLD1.2 pts ahead of QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QYLD+23.0%12.5% of it arrived as cash1.2 pts ahead of QQQTotal return, distributions reinvestedQQQ+21.8%QYLD+23.0%12.5% cash1.2 pts ahead of QQQ

What they hold in common

By the books each fund has filed, DDDD and QYLD hold 5% of their money in the same securities at the same weight.

Positions DDDD and QYLD both hold, largest shared weight first
HoldingDDDDQYLD
Texas Instruments Inc3.32%1.08%
Amgen Inc4.38%0.92%
QUALCOMM Inc2.73%0.82%
PepsiCo Inc3.50%0.78%
Automatic Data Processing Inc2.78%0.47%
Comcast Corp2.05%0.35%
Fastenal Co1.42%0.25%
Paychex Inc0.95%0.18%
Only in each
Only in DDDDOnly in QYLD
Merck & Co Inc 4.93%NVIDIA CORP 8.54%
Abbott Laboratories 4.53%APPLE INC 7.82%
Coca-Cola Co/The 4.30%MICROSOFT CORP 5.84%
Chevron Corp 4.25%MICRON TECHNOLOGY INC 5.05%
ConocoPhillips 4.07%AMAZON.COM INC 4.36%
Procter & Gamble Co/The 4.01%ADVANCED MICRO DEVICES 4.02%
Verizon Communications Inc 3.96%ALPHABET INC-CL A 3.27%
UnitedHealth Group Inc 3.84%META PLATFORMS INC 3.15%

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 18, 2026 and Sep 21, 2026.

Performance, window by window

DDDD and QYLD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DDDDQYLDDDDDQYLDDDDDQYLD
3 months+4.9%+3.2%1.6%3.0%+2.6 pts+5.7 pts
6 months+10.5%+14.5%1.7%6.3%−7.6 pts−9.7 pts
1 yearnot published+23.0%not published12.5%not published+1.2 pts
3 yearsnot published+55.3%not published36.6%not published−42.9 pts
Since launch+8.7%+198.3%1.6%116.0%−6.5 pts−644.6 pts
Open the live comparison on ETFIQ
DDDD and QYLD 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
QYLD
Global X NASDAQ 100 Covered Call ETF
Covered call on QQQ, paying monthly
IssuerYieldMaxGlobal X
Strategysynthetic covered callcovered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysnot establishedmonthly
Payout rate, annualized18.4%11.8%
Expense ratio1.01%0.60%
Cash paid, 1 year1.6% (since launch on Mar 12, 2026)12.5%
Price change, 1 year+7.0%+9.1%
Total return, 1 year+8.7% (since launch on Mar 12, 2026)+23.0%
Benchmark return, 1 year+15.3%+21.8%
Ahead or behind−6.5 pts+1.2 pts
Return of capital, latest estimate67%100%
Age190 days4663 days
Net assets$7m$8.5bn

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).

QYLD in plain words

Over the year to Sep 18, 2026, QYLD paid 12.5% of its starting value in cash distributions while its price rose 9.1%. With every distribution reinvested, the fund returned +23.0%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was ahead by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.8%, 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 characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, DDDD or QYLD?
DDDD charges 1.01% a year and QYLD charges 0.60%, 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.

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

How every figure is computed · Standards and sources