Data as of Nov 4, 2026.
FTQI vs TMGN: Dividend Yield & Total Return
FTQI and TMGN both write options for income.
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Net assets: $997m on Nov 3, 2026 for First Trust Nasdaq BuyWrite Income ETF, beside TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF.
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%
12.1% as cash
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.Not measured
TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
TMGN
+5.2%
5.4% of it arrived as cash
Total return, distributions reinvested
Not measured
TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
TMGN
+5.2%
5.4% of it arrived as cash. Both charts share one scale, with zero at the line. TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
FTQI costs 0.13 points a year less.
Points (pts) are percentage points.
| Measure | FTQI | TMGN |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +16.5% | not published |
| Price change | rose 3.5% (1 year) | fell 0.1% (since Jul 15, 2026) |
| Return of capital, issuer estimate | 99% of the Oct 30, 2026 payment | 100% of the Oct 28, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | not published |
| Cost and size | ||
| Expense ratio | 0.75% | 0.88% |
| Net assets | $997m | not read by ETFIQ |
| Holdings | ||
| Holdings in common | not published | |
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | FTQI | TMGN | FTQI | TMGN | FTQI | TMGN |
| 3 months | +0.4% | +3.6% | 3.0% | 5.3% | +3.8 pts | not measured |
| 6 months | +6.6% | – | 6.0% | – | +6.9 pts | – |
| 1 year | +16.5% | – | 12.1% | – | +4.3 pts | – |
| 3 years | +60.8% | – | 38.1% | – | −30.5 pts | – |
| Since launchNot the same days: FTQI Jan 2014 · TMGN Jul 2026 | +138.8% | +5.2% | 81.1% | 5.4% | −641.3 pts | not measured |
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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.
TMGN
Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, TMGN paid 5.4% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +5.2%. At its price on Nov 4, 2026 the latest distribution annualizes to 21.7%, paid monthly. TappAlpha estimates that 100% of the distribution paid Oct 28, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, FTQI against TMGN, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftqi-vs-tmgn
ETFIQ. (Nov 4, 2026). FTQI against TMGN. Retrieved from https://etfiq.com/compare/income/ftqi-vs-tmgn
[FTQI against TMGN (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ftqi-vs-tmgn)
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