Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Income ETFs

DIVO vs QQQY: Dividend Yield & Total Return

Share
Share on XDownload as PDF

Over the year to Nov 4, 2026, QQQY paid 29.9% of its price in cash against DIVO’s 6.8%, though DIVO returned more with it reinvested.

askIQ about this page

askIQ about DIVO and QQQY

Net assets on Nov 3, 2026: $8.0bn for Amplify CWP Enhanced Dividend Income ETF and $178m for Defiance Nasdaq 100 Weekly Distribution ETF.

At a glance
6.8%
DIVO cash paid, 1 year
29.9%
QQQY cash paid, 1 year
+15.2%
DIVO total return, 1 year
+13.6%
QQQY total return, 1 year
DIVO · 1 year to Nov 4, 2026 About even with SPY
DIVO
+15.2%
SPY
+14.8%

About even with SPY

DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

DIVO

+15.2%

6.8% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

DIVO

+15.2%

about even with SPY

6.8% of it arrived as cash. Total return, distributions reinvested. DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
QQQY · 1 year to Nov 4, 2026 1.3 pts ahead of QQQ
QQQY
+13.6%
QQQ
+12.3%

1.3 pts ahead of QQQ

QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QQQY

+13.6%

29.9% of it arrived as cash

1.3 pts ahead of QQQ

Total return, distributions reinvested

1.3 pts ahead of QQQ

QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QQQY

+13.6%

29.9% as cash

1.3 pts ahead of QQQ

29.9% of it arrived as cash. Both charts share one scale, with zero at the line. QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

DIVO costs 0.45 points a year less; their one-year returns differ by 1.6 points; DIVO is far larger, $8.0bn against $178m.

Points (pts) are percentage points.

DIVO vs QQQY: Dividend Yield & Total Return
MeasureDIVOQQQY
Paid and earned
Total return, 1 year+15.2%+13.6%
Price change, 1 yearrose 7.9%fell 17.8%
Return of capital, issuer estimate88% of the Oct 30, 2026 payment81% of the Oct 30, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYNasdaq-100, measured through QQQ
Cost and size
Expense ratio0.56%1.01%
Net assets, as of Nov 3, 2026$8.0bn$178m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · DIVO scores higher How much of what it paid out did its total return cover?
IQ Income Score89.5DIVO33.8QQQY

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

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 →

Method

Risk and return

Sep 22, 2023 to Oct 30, 2026 · 162 weekly returns
DIVO QQQY
Return
Total return edge DIVO (slight) +59.4% +54.5%
Annualized edge DIVO (slight) +16.1% +15.0%
Price return edge DIVO +34.5% −65.0%
Risk
Volatility edge DIVO 10.3% 14.9%
Max drawdown edge DIVO −10.6% −18.3%
Downside capture 76.1% 85.5%
Beta 0.73 0.71
Risk-adjusted
Sharpe edge DIVO 1.07 0.71
Sortino edge DIVO 1.64 1.01
Treynor 0.139 0.148
Calmar edge DIVO 1.53 0.82
Against the benchmark
Alpha +0.9% a year −3.0% a year
Alpha t-stat 0.47 −1.01
Information ratio −0.33 −1.11
Tracking error 7.5% 7.6%

Each against its own benchmark: DIVO against SPY, Dec 23, 2016 to Oct 30, 2026; QQQY against QQQ, Sep 22, 2023 to Oct 30, 2026.

Reading

From Sep 2023 to Oct 2026, DIVO returned slightly more: +59.4% to +54.5%. DIVO swung less: 10.3% to 14.9%. DIVO fell less at its worst: −10.6% to −18.3%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: DIVO vs QQQY: Dividend Yield & Total Return
MeasureDIVOQQQYEdgeHow it is measured
Return
Total return+59.4%+54.5%DIVO (slight)Price change plus distributions, reinvested.
Annualized+16.1%+15.0%DIVO (slight)Total return as a yearly rate.
Price return+34.5%−65.0%DIVOPrice change alone, distributions left out.
Risk
Volatility10.3%14.9%DIVOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation6.7%10.5%DIVOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−10.6%−18.3%DIVODeepest fall from a high to the low after it.
Upside capture62.8%61.4%Share of its benchmark's rise caught in the weeks it rose.
Downside capture76.1%85.5%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.730.71Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.820.88Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe1.070.71DIVOReturn above Treasury bills per unit of volatility.
Sortino1.641.01DIVOReturn above Treasury bills per unit of downside deviation.
Treynor0.1390.148Return above Treasury bills per unit of beta.
Calmar1.530.82DIVOAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkSPYQQQThe ETF each fund is measured against.
Alpha+0.9% a year−3.0% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.47−1.01Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−2.8% to +4.6%−9.0% to +2.9%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.33−1.11Return against its benchmark per unit of tracking error.
Tracking error7.5%7.6%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 162 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, DIVO and QQQY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first DIVO QQQY
Only in one fund ↓
Only in DIVO
Microsoft Corp 6.15%
Amgen Inc 5.81%
Visa Inc 5.64%
Invesco Government & Agency Portfolio 12/31/2031 5.35%
JPMORGAN CHASE & CO. 5.08%
Apple Inc 5.07%
Goldman Sachs Group Inc 4.99%
American Express Co 4.23%
Only in QQQY
Ndx 12/18/2026 1000.34 C 98.45%
Ndx 11/05/2026 28516.79 C 0.38%
Ndx 11/05/2026 28437.17 C -0.51%
Check overlap with more funds →

Side by side

DIVO Amplify CWP Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly QQQY Defiance Nasdaq 100 Weekly Distribution ETF · Option income on QQQ, paying weekly
Strategy dividend stocks with call overlay option income
Benchmark S&P 500 (SPY) Nasdaq-100 (QQQ)
Pays monthly weekly
Payout rate, annualized 4.8% 31.5%
Expense ratio 0.56% 1.01%
Cash paid, 1 year 6.8% 29.9%
Price change, 1 year +7.9% −17.8%
Total return, 1 year +15.2% +13.6%
Benchmark return, 1 year +14.8% +12.3%
Ahead or behind +0.4 pts +1.3 pts
Return of capital, latest estimate 88% 81%
Age 9.9 years 3.1 years
Net assets, as of Nov 3, 2026 $8.0bn $178m

As of Nov 4, 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: DIVO vs QQQY: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowDIVOQQQYDIVOQQQYDIVOQQQY
3 months+1.5%−3.5%1.2%7.3%+1.6 pts−0.1 pts
6 months+7.7%+0.4%2.5%15.4%+2.7 pts+0.7 pts
1 year+15.2%+13.6%6.8%29.9%+0.4 pts+1.3 pts
3 years+61.8%+51.9%19.8%88.2%−21.1 pts−39.4 pts
Since launchNot the same days: DIVO Dec 2016 · QQQY Sep 2023+226.1%+49.8%73.9%88.1%−71.7 pts−37.0 pts

Open this comparison in the app →

Client brief:

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

DIVO flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
DIVO

Over the year to Nov 4, 2026, DIVO paid 6.8% of its starting value in cash distributions while its price rose 7.9%. With every distribution reinvested, the fund returned +15.2%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 4.8%, paid monthly. Amplify estimates that 88% 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.

QQQY

Over the year to Nov 4, 2026, QQQY paid 29.9% of its starting value in cash distributions while its price fell 17.8%. With every distribution reinvested, the fund returned +13.6%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 1.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 31.5%, paid weekly. Defiance estimates that 81% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, DIVO or QQQY?
Over the year to Nov 4, 2026, DIVO paid 6.8% of its starting price in cash and QQQY paid 29.9%, so QQQY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, DIVO or QQQY?
With every distribution reinvested, DIVO returned +15.2% and QQQY +13.6% over the year to Nov 4, 2026.
Which is cheaper, DIVO or QQQY?
DIVO charges 0.56% a year and QQQY charges 1.01%, so DIVO is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Sources and dates

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, DIVO against QQQY, data as of Nov 4, 2026. https://etfiq.com/compare/income/divo-vs-qqqy

Open data →

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