Which paid more, FDND or PBP?

Over the year to Nov 4, 2026, FDND paid 7.3% of its starting price in cash and PBP paid 11.7%, so PBP paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FDND or PBP?

With every distribution reinvested, FDND returned −2.6% and PBP +16.2% over the year to Nov 4, 2026.

Which is cheaper, FDND or PBP?

FDND charges 0.75% a year and PBP charges 0.29%, so PBP is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FDND vs PBP: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, PBP paid 11.7% of its price in cash against FDND’s 7.3%, and returned more with it reinvested.

askIQ about this page

askIQ about FDND and PBP

Net assets on Nov 3, 2026: $9.3m for FT Vest Dow Jones Internet & Target Income ETF and $389m for Invesco S&P 500 BuyWrite ETF.

FDND on its own →PBP on its own →

At a glance

7.3%

FDND cash paid, 1 year

11.7%

PBP cash paid, 1 year

−2.6%

FDND total return, 1 year

+16.2%

PBP total return, 1 year

FDND · 1 year to Nov 4, 2026 1 pt behind FDN

FDND

−2.6%

FDN

−1.6%

1 pt behind FDN

FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

FDN

−1.6%

FDND

−2.6%

1 pt behind FDN

Total return, distributions reinvested

1 pt behind FDN

FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

FDN

−1.6%

FDND

−2.6%

1 pt behind FDN

7.3% of it arrived as cash. Total return, distributions reinvested. FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

PBP · 1 year to Nov 4, 2026 1.4 pts ahead of SPY

PBP

+16.2%

SPY

+14.8%

1.4 pts ahead of SPY

PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

PBP

+16.2%

11.7% of it arrived as cash

1.4 pts ahead of SPY

Total return, distributions reinvested

1.4 pts ahead of SPY

PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

PBP

+16.2%

11.7% cash

1.4 pts ahead of SPY

11.7% of it arrived as cash. Both charts share one scale, with zero at the line. PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PBP costs 0.46 points a year less; their one-year returns differ by 18.8 points; PBP is far larger, $389m against $9.3m.

Points (pts) are percentage points.

FDND vs PBP: Dividend Yield & Total Return
Measure	FDND	PBP
Paid and earned
Measure	FDND	PBP
Total return, 1 year	−2.6%	+16.2%
Price change, 1 year	fell 10.1%	rose 3.6%
Return of capital, issuer estimate	100% of the Oct 30, 2026 payment	95% of the Oct 23, 2026 payment
Against its benchmark
Measure	FDND	PBP
Benchmark	First Trust Dow Jones Internet Index Fund, measured through FDN	S&P 500, measured through SPY
Against its benchmark, same days	behind by 1.0 pts	ahead by 1.4 pts
Cost and size
Measure	FDND	PBP
Expense ratio	0.75%	0.29%
Net assets, as of Nov 3, 2026	$9.3m	$389m
Holdings
Measure	FDND	PBP
Holdings in common	14%

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

IQ Income Score12.3FDND75.1PBP

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

FDND 12.3

PBP 75.1

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

What they share

14%

By the books each fund has filed, FDND and PBP hold 14% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

14% in common

Positions both hold · largest shared weight first FDND PBP

Amazon.com, Inc. 10.68% 3.79%

Alphabet Inc. (Class A) 5.05% 2.53%

Meta Platforms, Inc. (Class A) 10.21% 2.11%

Alphabet Inc. (Class C) 4.06% 2.04%

Cisco Systems, Inc. 8.81% 0.63%

Netflix, Inc. 5.64% 0.41%

Oracle Corporation 3.78% 0.34%

Salesforce, Inc. 4.40% 0.28%

Arista Networks, Inc. 4.26% 0.27%

Booking Holdings Inc. 4.29% 0.18%

Datadog, Inc. (Class A) 2.72% 0.11%

Airbnb, Inc. (Class A) 2.57% 0.11%

Only in one fund ↓

Only in FDND

Snowflake Inc. (Class A) 3.75%

Cloudflare, Inc. (Class A) 3.23%

Okta, Inc. 1.16%

Atlassian Corporation (Class A) 1.12%

Roblox Corporation (Class A) 1.12%

Zoom Communications, Inc. (Class A) 0.89%

CoreWeave, Inc. (Class A) 0.76%

Nutanix, Inc. (Class A) 0.64%

Only in PBP

NVIDIA Corp 7.71%

Apple Inc 7.47%

Microsoft Corp 5.96%

Broadcom Inc 2.44%

Eli Lilly & Co 1.74%

Tesla Inc 1.73%

Berkshire Hathaway Inc 1.60%

Micron Technology Inc 1.49%

Check overlap with more funds →

Side by side

FDND FT Vest Dow Jones Internet & Target Income ETF · Writes calls on the Nasdaq-100, measured against the Dow Jones Internet Composite Index, paying monthly PBP Invesco S&P 500 BuyWrite ETF · Covered call on SPY, paying monthly

Issuer First Trust Invesco

Strategy option income covered call

Benchmark First Trust Dow Jones Internet Index Fund (FDN) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 8.2% 8.5%

Expense ratio 0.75% 0.29%

Cash paid, 1 year 7.3% 11.7%

Price change, 1 year −10.1% +3.6%

Total return, 1 year −2.6% +16.2%

Benchmark return, 1 year −1.6% +14.8%

Ahead or behind −1.0 pts +1.4 pts

Return of capital, latest estimate 100% 95%

Age 2.6 years 18.9 years

Net assets, as of Nov 3, 2026 $9.3m $389m

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: FDND vs PBP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FDND	PBP	FDND	PBP	FDND	PBP
3 months	−4.7%	+2.5%	2.0%	2.5%	+0.5 pts	+2.6 pts
6 months	+2.2%	+8.1%	4.0%	5.3%	0.0 pts	+3.1 pts
1 year	−2.6%	+16.2%	7.3%	11.7%	−1.0 pts	+1.4 pts
3 years	–	+49.6%	–	33.4%	–	−33.3 pts
Since launchNot the same days: FDND Mar 2024 · PBP Dec 2007	+27.3%	+172.0%	21.9%	92.4%	−4.9 pts	−467.6 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

FDND

Over the year to Nov 4, 2026, FDND paid 7.3% of its starting value in cash distributions while its price fell 10.1%. With every distribution reinvested, the fund returned −2.6%. First Trust Dow Jones Internet Index Fund (FDN) returned −1.6% over the same days, so a holder was behind by 1.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 100% 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.

PBP

Over the year to Nov 4, 2026, PBP paid 11.7% of its starting value in cash distributions while its price rose 3.6%. With every distribution reinvested, the fund returned +16.2%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.5%, paid monthly. Invesco estimates that 95% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, FDND or PBP?: Over the year to Nov 4, 2026, FDND paid 7.3% of its starting price in cash and PBP paid 11.7%, so PBP paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FDND or PBP?: With every distribution reinvested, FDND returned −2.6% and PBP +16.2% over the year to Nov 4, 2026.
Which is cheaper, FDND or PBP?: FDND charges 0.75% a year and PBP charges 0.29%, so PBP is cheaper. Fees come from each fund's prospectus.

Other comparisons

FDND vs OMAH FDND vs OEI FDND vs GPIX FDND vs SPYI PBP vs OVL PBP vs ULTY PBP vs SIXH PBP vs YYY

Where to next

First Trust Dow Jones Internet Index Fund (FDN) →S&P 500 (SPY) →FDND on its own →PBP on its own →FDND dividend history →FDND holdings →PBP dividend history →PBP holdings →Method →Standards and sources →

Sources and dates

FDND filings on SEC EDGAR ↗

FDND prospectus with the expense ratio (SEC) ↗

FDND 19a-1 distribution notice ↗

First Trust page for FDND ↗

PBP filings on SEC EDGAR ↗

PBP prospectus with the expense ratio (SEC) ↗

PBP 19a-1 distribution notice ↗

Invesco page for PBP ↗

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, FDND against PBP, data as of Nov 4, 2026. https://etfiq.com/compare/income/fdnd-vs-pbp

Open data →

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