Which is cheaper, FTQI or XVSP?

FTQI charges 0.75% a year and XVSP charges 0.85%, so FTQI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FTQI vs XVSP: Dividend Yield & Total Return

FTQI and XVSP both write options for income.

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Net assets on Nov 3, 2026: $997m for First Trust Nasdaq BuyWrite Income ETF and $4.5m for FT Vest SPCX & Target Income ETF.

FTQI on its own →XVSP on its own →

At a glance

12.1%

FTQI cash paid, 1 year

2.7%

XVSP cash paid, since launch, Aug 26, 2026

+16.5%

FTQI total return, 1 year

−2.2%

XVSP total return, since launch, Aug 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%

12.1% 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.

XVSP · since launch to Nov 4, 2026 About even with SPCX

XVSP

−2.2%

SPCX

−2.7%

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

Total return, distributions reinvested

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

2.7% of it arrived as cash. Both charts share one scale, with zero at the line. XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FTQI costs 0.10 points a year less; FTQI is far larger, $997m against $4.5m.

Points (pts) are percentage points.

FTQI vs XVSP: Dividend Yield & Total Return
Measure	FTQI	XVSP
Paid and earned
Measure	FTQI	XVSP
Total return, 1 year	+16.5%	not published
Price change	rose 3.5% (1 year)	fell 4.6% (since Aug 26, 2026)
Return of capital, issuer estimate	99% of the Oct 30, 2026 payment	100% of the Oct 30, 2026 payment
Against its benchmark
Measure	FTQI	XVSP
Benchmark	Nasdaq-100, measured through QQQ	Space Exploration Technologies (SPCX)
Cost and size
Measure	FTQI	XVSP
Expense ratio	0.75%	0.85%
Net assets, as of Nov 3, 2026	$997m	$4.5m
Holdings
Measure	FTQI	XVSP
Holdings in common	0%

Method

What they share

By the books each fund has filed, FTQI and XVSP hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FTQI XVSP

Only in one fund ↓

Only in FTQI

Apple Inc. 8.98%

NVIDIA Corporation 6.22%

Advanced Micro Devices, Inc. 4.73%

Amazon.com, Inc. 4.23%

Cisco Systems, Inc. 3.10%

Tesla, Inc. 3.05%

Meta Platforms, Inc. (Class A) 2.67%

Palantir Technologies Inc. (Class A) 2.60%

Only in XVSP

2027-01-21 S&P 500® Mini Index P 1,500.03 342.87%

2027-01-21 S&P 500® Mini Index C 500.03 122.35%

Space Exploration Technologies Corp. (Class A) 50.05%

2027-01-21 S&P 500® Mini Index C 1,500.03 0.00%

2027-01-22 Space Exploration Technologies Corp. (Class A) C 1,327.41 0.00%

2027-01-21 S&P 500® Mini Index P 500.03 -0.49%

2026-11-06 Space Exploration Technologies Corp. (Class A) C 135 -0.52%

2027-01-22 Space Exploration Technologies Corp. (Class A) P 1,327.41 -416.73%

Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly XVSP FT Vest SPCX & Target Income ETF · Option income on SPCX

Issuer First Trust First Trust

Strategy covered call option income

Benchmark Nasdaq-100 (QQQ) Space Exploration Technologies (SPCX)

Pays monthly not established

Payout rate, annualized 12.3% 16.6%

Expense ratio 0.75% 0.85%

Cash paid, 1 year 12.1% 2.7% (since launch, Aug 26, 2026)

Price change, 1 year +3.5% −4.6% (since launch, Aug 26, 2026)

Total return, 1 year +16.5% −2.2% (since launch, Aug 26, 2026)

Benchmark return, 1 year +12.3% −2.7% (since launch, Aug 26, 2026)

Ahead or behind +4.2 pts +0.5 pts (since launch, Aug 26, 2026)

Return of capital, latest estimate 99% 100%

Age 12.8 years 70 days

Net assets, as of Nov 3, 2026 $997m $4.5m

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 XVSP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FTQI	XVSP	FTQI	XVSP	FTQI	XVSP
3 months	+0.4%	–	3.0%	–	+3.8 pts	–
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 · XVSP Aug 2026	+138.8%	−2.2%	81.1%	2.7%	−641.3 pts	+0.4 pts

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

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for XVSP.

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.

XVSP

Over the period from its first trade on Aug 26, 2026 to Nov 4, 2026, XVSP paid 2.7% of its starting value in cash distributions while its price fell 4.6%. With every distribution reinvested, the fund returned −2.2%. Space Exploration Technologies (SPCX) returned −2.7% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid periodically. First Trust estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, FTQI or XVSP?: FTQI charges 0.75% a year and XVSP charges 0.85%, so FTQI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FTQI vs YSPC FTQI vs XSHP FTQI vs VAIE FTQI vs MAGY XVSP vs GPIQ XVSP vs QYLD XVSP vs QQQI XVSP vs QLDY

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →FTQI on its own →XVSP on its own →FTQI dividend history →FTQI holdings →XVSP dividend history →XVSP 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 ↗

XVSP filings on SEC EDGAR ↗

XVSP prospectus with the expense ratio (SEC) ↗

XVSP 19a-1 distribution notice ↗

First Trust page for XVSP ↗

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 XVSP, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftqi-vs-xvsp

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