Which is cheaper, FTQI or TPRY?

FTQI charges 0.75% a year and TPRY charges 0.95%, so FTQI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FTQI vs TPRY: Dividend Yield & Total Return

FTQI and TPRY both write options for income.

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Net assets on Nov 3, 2026: $997m for First Trust Nasdaq BuyWrite Income ETF and $3.3m for VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF.

FTQI on its own →TPRY on its own →

At a glance

12.1%

FTQI cash paid, 1 year

9.7%

TPRY cash paid, since launch, Feb 26, 2026

+16.5%

FTQI total return, 1 year

−7.2%

TPRY total return, since launch, Feb 26, 2026

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.

TPRY · since launch to Nov 4, 2026 19.3 pts behind SPY

TPRY

−7.2%

SPY

+12.1%

19.3 pts behind SPY

TPRY since launch: paid 9.7%, price −16.1%, total −7.2%, SPY +12.1%, −19.3 pts. Data to Nov 4, 2026.

SPY

+12.1%

TPRY

−7.2%

19.3 pts behind SPY

Total return, distributions reinvested

19.3 pts behind SPY

TPRY since launch: paid 9.7%, price −16.1%, total −7.2%, SPY +12.1%, −19.3 pts. Data to Nov 4, 2026.

SPY

+12.1%

TPRY

−7.2%

19.3 pts behind SPY

9.7% of it arrived as cash. Both charts share one scale, with zero at the line. TPRY since launch: paid 9.7%, price −16.1%, total −7.2%, SPY +12.1%, −19.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FTQI costs 0.20 points a year less; FTQI is far larger, $997m against $3.3m.

Points (pts) are percentage points.

FTQI vs TPRY: Dividend Yield & Total Return
Measure	FTQI	TPRY
Paid and earned
Measure	FTQI	TPRY
Total return, 1 year	+16.5%	not published
Price change	rose 3.5% (1 year)	fell 16.1% (since Feb 26, 2026)
Return of capital, issuer estimate	99% of the Oct 30, 2026 payment	19% of the Oct 27, 2026 payment
Against its benchmark
Measure	FTQI	TPRY
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	FTQI	TPRY
Expense ratio	0.75%	0.95%
Net assets, as of Nov 3, 2026	$997m	$3.3m
Holdings
Measure	FTQI	TPRY
Holdings in common	27%

Method

What they share

27%

By the books each fund has filed, FTQI and TPRY hold 27% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

27% in common

Positions both hold · largest shared weight first FTQI TPRY

Apple Inc. 8.98% 5.64%

NVIDIA Corporation 6.22% 4.34%

Amazon.com, Inc. 4.23% 14.29%

Advanced Micro Devices, Inc. 4.73% 3.54%

Meta Platforms, Inc. (Class A) 2.67% 5.56%

Micron Technology, Inc. 2.01% 11.36%

Alphabet Inc. (Class C) 1.72% 6.34%

Broadcom Inc. 1.64% 1.49%

Lam Research Corporation 0.99% 3.44%

Only in one fund ↓

Only in FTQI

Cisco Systems, Inc. 3.10%

Tesla, Inc. 3.05%

Palantir Technologies Inc. (Class A) 2.60%

Alphabet Inc. (Class A) 1.72%

Seagate Technology Holdings Plc 1.59%

Microsoft Corporation 1.55%

Costco Wholesale Corporation 1.54%

AbbVie Inc. 1.48%

Only in TPRY

Taiwan Semiconductor Manufacturing Co Ltd 8.48%

Uber Technologies Inc 5.69%

Alibaba Group Holding Ltd 4.55%

Vistra Corp 4.31%

Boeing Co 4.22%

American Airlines Group Inc 3.95%

NRG Energy Inc 3.69%

Baidu Inc 3.66%

Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF · Covered call on SPY, paying monthly

Issuer First Trust VistaShares

Strategy covered call covered call

Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 12.3% 15.7%

Expense ratio 0.75% 0.95%

Cash paid, 1 year 12.1% 9.7% (since launch, Feb 26, 2026)

Price change, 1 year +3.5% −16.1% (since launch, Feb 26, 2026)

Total return, 1 year +16.5% −7.2% (since launch, Feb 26, 2026)

Benchmark return, 1 year +12.3% +12.1% (since launch, Feb 26, 2026)

Ahead or behind +4.2 pts −19.3 pts (since launch, Feb 26, 2026)

Return of capital, latest estimate 99% 19%

Age 12.8 years 251 days

Net assets, as of Nov 3, 2026 $997m $3.3m

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 TPRY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FTQI	TPRY	FTQI	TPRY	FTQI	TPRY
3 months	+0.4%	−9.7%	3.0%	3.6%	+3.8 pts	−9.5 pts
6 months	+6.6%	−14.1%	6.0%	6.9%	+6.9 pts	−19.1 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 · TPRY Feb 2026	+138.8%	−7.2%	81.1%	9.7%	−641.3 pts	−19.3 pts

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Alert

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.

TPRY

Over the period from its first trade on Feb 26, 2026 to Nov 4, 2026, TPRY paid 9.7% of its starting value in cash distributions while its price fell 16.1%. With every distribution reinvested, the fund returned −7.2%. S&P 500 (SPY) returned +12.1% over the same days, so a holder was behind by 19.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 15.7%, paid monthly. VistaShares estimates that 19% of the distribution paid Oct 27, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, FTQI or TPRY?: FTQI charges 0.75% a year and TPRY charges 0.95%, so FTQI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FTQI vs NLSI FTQI vs JANH FTQI vs JULJ FTQI vs SPUT TPRY vs GPIQ TPRY vs QYLD TPRY vs QQQI TPRY vs QLDY

Where to next

Nasdaq-100 (QQQ) →S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →FTQI on its own →TPRY on its own →FTQI dividend history →FTQI holdings →TPRY dividend history →TPRY holdings →Method →Standards and sources →

Sources and dates

FTQI filings on SEC EDGAR ↗

FTQI prospectus with the expense ratio (SEC) ↗

FTQI 19a-1 distribution notice ↗

First Trust page for FTQI ↗

TPRY filings on SEC EDGAR ↗

TPRY prospectus with the expense ratio (SEC) ↗

TPRY 19a-1 distribution notice ↗

VistaShares page for TPRY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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

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