Data as of .
FTQI vs SPIN: which paid, and which earned it?
Over the year FTQI paid 12.0% of its price in cash against SPIN’s 5.2%, and returned more with it reinvested.
ETFIQ Return Stability Score: FTQI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, FTQI and SPIN hold 38% of their money in the same securities at the same weight.
| Holding | FTQI | SPIN |
|---|---|---|
| NVIDIA Corporation | 6.55% | 9.87% |
| Apple Inc. | 8.76% | 6.03% |
| Amazon.com, Inc. | 4.13% | 4.87% |
| Meta Platforms, Inc. (Class A) | 2.75% | 3.14% |
| Advanced Micro Devices, Inc. | 5.41% | 2.61% |
| Micron Technology, Inc. | 2.38% | 2.91% |
| Alphabet Inc. (Class A) | 2.06% | 5.65% |
| Broadcom Inc. | 1.92% | 3.23% |
| Microsoft Corporation | 1.41% | 7.06% |
| Applied Materials, Inc. | 1.20% | 1.52% |
| Seagate Technology Holdings Plc | 2.17% | 1.05% |
| Netflix, Inc. | 1.24% | 0.95% |
| Only in FTQI | Only in SPIN |
|---|---|
| Cisco Systems, Inc. 3.18% | JPMORGAN CHASE + CO 2.09% |
| Palo Alto Networks, Inc. 1.42% | ELI LILLY + CO 2.00% |
| AbbVie Inc. 1.32% | VISA INC CLASS A SHARES 1.47% |
| KLA Corporation 1.29% | AMPHENOL CORP CL A 1.28% |
| Gilead Sciences, Inc. 1.22% | BANK OF AMERICA CORP 1.25% |
| Intel Corporation 1.14% | HOME DEPOT INC 1.23% |
| CME Group Inc. 0.97% | EMERSON ELECTRIC CO 1.20% |
| Amgen Inc. 0.87% | WABTEC CORP 1.15% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FTQI | SPIN | FTQI | SPIN | FTQI | SPIN | |
| 3 months | +4.0% | +3.7% | 2.9% | 0.8% | +6.5 pts | +1.4 pts |
| 6 months | +18.3% | +12.3% | 6.3% | 3.2% | −5.9 pts | −5.8 pts |
| 1 year | +21.5% | +11.3% | 12.0% | 5.2% | −0.3 pts | −5.2 pts |
| 3 years | +62.9% | not published | 37.0% | not published | −35.3 pts | not published |
| Since launch | +141.7% | +28.5% | 78.8% | 15.2% | −675.0 pts | −13.7 pts |
| FTQI First Trust Nasdaq BuyWrite Income ETF Covered call on QQQ, paying monthly | SPIN State Street(R) US Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | State Street |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 11.9% | 2.7% |
| Expense ratio | 0.75% | 0.25% |
| Cash paid, 1 year | 12.0% | 5.2% |
| Price change, 1 year | +8.0% | +5.8% |
| Total return, 1 year | +21.5% | +11.3% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −0.3 pts | −5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 4637 days | 743 days |
| Net assets | $975m | $48m |
FTQI in plain words
Over the year to Sep 18, 2026, FTQI paid 12.0% of its starting value in cash distributions while its price rose 8.0%. With every distribution reinvested, the fund returned +21.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, paid monthly.
SPIN in plain words
Over the year to Sep 18, 2026, SPIN paid 5.2% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.7%, paid monthly.
Questions people ask
- Which paid more, FTQI or SPIN?
- Over the year to Sep 18, 2026, FTQI paid 12.0% of its starting price in cash and SPIN paid 5.2%, 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 SPIN?
- With every distribution reinvested, FTQI returned +21.5% and SPIN returned +11.3% over the year to Sep 18, 2026, so FTQI returned more.
- Which is cheaper, FTQI or SPIN?
- FTQI charges 0.75% a year and SPIN charges 0.25%, so SPIN 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.
Cite this page. ETFIQ, FTQI against SPIN, data as of Sep 18, 2026. https://etfiq.com/compare/income/ftqi-vs-spin Free to use with attribution; the underlying files are at Open data.