Data as of Nov 4, 2026.

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Income ETFs

FTQI vs SIXH: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FTQI paid 12.1% of its price in cash against SIXH’s 2.1%, though SIXH returned more with it reinvested.

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Net assets: $997m on Nov 3, 2026 for First Trust Nasdaq BuyWrite Income ETF, and $603m on Aug 31, 2026 for ETC 6 Meridian Hedged Equity-Index Option Strategy ETF.

At a glance
12.1%
FTQI cash paid, 1 year
2.1%
SIXH cash paid, 1 year
+16.5%
FTQI total return, 1 year
+23.5%
SIXH total return, 1 year
FTQI · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ
FTQI
+16.5%
QQQ
+12.3%

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

4.2 pts ahead of QQQ

12.1% of it arrived as cash. Total return, distributions reinvested. FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
SIXH · 1 year to Nov 4, 2026 5.5 pts ahead of its own holdings
SIXH
+23.5%
Own
+18.0%

5.5 pts ahead of its own holdings

SIXH over 1 year: paid 2.1%, price +21.2%, total +23.5%, its own holdings +18.0%, +5.5 pts. Data to Nov 4, 2026.

its own holdings

+18.0%

SIXH

+23.5%

5.5 pts ahead of its own holdings

Total return, distributions reinvested

5.5 pts ahead of its own holdings

SIXH over 1 year: paid 2.1%, price +21.2%, total +23.5%, its own holdings +18.0%, +5.5 pts. Data to Nov 4, 2026.

its own holdings

+18.0%

SIXH

+23.5%

2.1% of it arrived as cash. Both charts share one scale, 0 to +23.5%. SIXH over 1 year: paid 2.1%, price +21.2%, total +23.5%, its own holdings +18.0%, +5.5 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +23.5%. Data to Nov 4, 2026.

Pair scorecard

SIXH costs 0.06 points a year less; their one-year returns differ by 7.0 points.

Points (pts) are percentage points.

FTQI vs SIXH: Dividend Yield & Total Return
MeasureFTQISIXH
Paid and earned
Total return, 1 year+16.5%+23.5%
Price change, 1 yearrose 3.5%rose 21.2%
Return of capital, issuer estimate99% of the Oct 30, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQits own holdings
Cost and size
Expense ratio0.75%0.69%
Net assets, FTQI as of Nov 3, 2026 and SIXH as of Aug 31, 2026$997m$603m
Holdings
Holdings in common20%
ETFIQ Distribution Coverage Score · SIXH scores higher How much of what it paid out did its total return cover?
IQ Income Score74FTQI98.5SIXH

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

May 22, 2020 to Oct 30, 2026 · 336 weekly returns
FTQI SIXH
Return
Total return edge SIXH (slight) +99.2% +106.0%
Annualized edge SIXH (slight) +11.3% +11.8%
Price return edge SIXH +10.0% +81.7%
Risk
Volatility edge SIXH 12.3% 9.5%
Max drawdown edge SIXH −18.5% −10.8%
Risk-adjusted
Sharpe edge SIXH 0.68 0.90
Sortino edge SIXH 0.98 1.37
Calmar edge SIXH 0.61 1.09
Reading

From May 2020 to Oct 2026, SIXH returned slightly more: +106.0% to +99.2%. SIXH swung less: 9.5% to 12.3%. SIXH fell less at its worst: −10.8% to −18.5%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: FTQI vs SIXH: Dividend Yield & Total Return
MeasureFTQISIXHEdgeHow it is measured
Return
Total return+99.2%+106.0%SIXH (slight)Price change plus distributions, reinvested.
Annualized+11.3%+11.8%SIXH (slight)Total return as a yearly rate.
Price return+10.0%+81.7%SIXHPrice change alone, distributions left out.
Risk
Volatility12.3%9.5%SIXHSpread of weekly returns, annualized. Lower is steadier.
Downside deviation8.5%6.3%SIXHLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−18.5%−10.8%SIXHDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.680.90SIXHReturn above Treasury bills per unit of volatility.
Sortino0.981.37SIXHReturn above Treasury bills per unit of downside deviation.
Calmar0.611.09SIXHAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 336 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

20%

By the books each fund has filed, FTQI and SIXH hold 20% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

0 half 100%

half

20% in common

Positions both hold · largest shared weight first FTQI SIXH
Micron Technology, Inc. 2.01% 2.85%
Palantir Technologies Inc. (Class A) 2.60% 1.85%
Costco Wholesale Corporation 1.54% 2.42%
Gilead Sciences, Inc. 1.41% 1.37%
NVIDIA Corporation 6.22% 1.34%
Meta Platforms, Inc. (Class A) 2.67% 1.26%
Apple Inc. 8.98% 1.25%
Advanced Micro Devices, Inc. 4.73% 1.21%
Amazon.com, Inc. 4.23% 1.17%
Alphabet Inc. (Class A) 1.72% 1.16%
Cisco Systems, Inc. 3.10% 1.16%
Applied Materials, Inc. 1.00% 1.10%
Only in one fund ↓
Only in FTQI
Tesla, Inc. 3.05%
Alphabet Inc. (Class C) 1.72%
Broadcom Inc. 1.64%
Seagate Technology Holdings Plc 1.59%
Microsoft Corporation 1.55%
AbbVie Inc. 1.48%
Palo Alto Networks, Inc. 1.43%
KLA Corporation 1.16%
Only in SIXH
SPDR S&P 500 ETF Trust 4.95%
Altria Group, Inc. 4.90%
AT&T INC. 4.08%
VERIZON COMMUNICATIONS INC. 3.92%
PEPSICO, INC. 3.69%
QUALCOMM INCORPORATED 2.82%
PFIZER INC. 2.78%
COMCAST CORPORATION 2.72%
Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly SIXH ETC 6 Meridian Hedged Equity-Index Option Strategy ETF · Option income on its own holdings, paying monthly
Strategy covered call option income
Benchmark Nasdaq-100 (QQQ) SIXH's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Aug 31, 2026)
Pays monthly monthly
Payout rate, annualized 12.3% 3.2%
Expense ratio 0.75% 0.69%
Cash paid, 1 year 12.1% 2.1%
Price change, 1 year +3.5% +21.2%
Total return, 1 year +16.5% +23.5%
Benchmark return, 1 year +12.3% +18.0%
Ahead or behind +4.2 pts +5.5 pts
Return of capital, latest estimate 99% not published
Age 12.8 years 6.5 years
Net assets, FTQI as of Nov 3, 2026 and SIXH as of Aug 31, 2026 $997m $603m

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: FTQI vs SIXH: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowFTQISIXHFTQISIXHFTQISIXH
3 months+0.4%+6.0%3.0%0.5%+3.8 pts+1.8 pts
6 months+6.6%+10.3%6.0%1.0%+6.9 pts+3.5 pts
1 year+16.5%+23.5%12.1%2.1%+4.3 pts+5.5 pts
3 years+60.8%+47.6%38.1%6.8%−30.5 ptsnot measured
Since launchNot the same days: FTQI Jan 2014 · SIXH May 2020+138.8%+104.1%81.1%16.7%−641.3 ptsnot measured

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About each fund
FTQI

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.3%, paid monthly. First Trust estimates that 99% 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.

SIXH

Over the year to Nov 4, 2026, SIXH paid 2.1% of its starting value in cash distributions while its price rose 21.2%. With every distribution reinvested, the fund returned +23.5%. SIXH's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Aug 31, 2026) returned +18.0% over the same days, so a holder was ahead by 5.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 3.2%, paid monthly.

Questions people ask

Which paid more, FTQI or SIXH?
Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting price in cash and SIXH paid 2.1%, so FTQI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FTQI or SIXH?
With every distribution reinvested, FTQI returned +16.5% and SIXH +23.5% over the year to Nov 4, 2026.
Which is cheaper, FTQI or SIXH?
FTQI charges 0.75% a year and SIXH charges 0.69%, so SIXH is cheaper. Fees come from each fund's prospectus.
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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.

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ETFIQ, FTQI against SIXH, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftqi-vs-sixh

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