Data as of Nov 4, 2026.
IQQQ vs PBP: Dividend Yield & Total Return
Over the year to Nov 4, 2026, PBP paid 11.7% of its price in cash against IQQQ’s 6.8%, and returned more with it reinvested.
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Net assets: $380m on Nov 4, 2026 for ProShares Nasdaq-100 High Income ETF, and $389m on Nov 3, 2026 for Invesco S&P 500 BuyWrite ETF.
4.9 pts behind QQQ
IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.
QQQ
+12.3%
IQQQ
+7.4%
6.8% of it arrived as cash
4.9 pts behind QQQ
Total return, distributions reinvested
4.9 pts behind QQQ
IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.
QQQ
+12.3%
IQQQ
+7.4%
4.9 pts behind QQQ
6.8% of it arrived as cash. Total return, distributions reinvested. IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.1.4 pts ahead of SPY
PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.
SPY
+14.8%
PBP
+16.2%
11.7% of it arrived as cash
1.4 pts ahead of SPY
Total return, distributions reinvested
1.4 pts ahead of SPY
PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.
SPY
+14.8%
PBP
+16.2%
11.7% as cash
1.4 pts ahead of SPY
11.7% of it arrived as cash. Both charts share one scale, 0 to +16.2%. PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.
Both charts share one scale, 0 to +16.2%. Data to Nov 4, 2026.Pair scorecard
PBP costs 0.26 points a year less; their one-year returns differ by 8.8 points.
Points (pts) are percentage points.
| Measure | IQQQ | PBP |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +7.4% | +16.2% |
| Price change, 1 year | rose 0.5% | rose 3.6% |
| Return of capital, issuer estimate | 93% of the Nov 6, 2026 payment | 95% of the Oct 23, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.55% | 0.29% |
| Net assets, as of Nov 3, 2026 | $376m | $389m |
| Holdings | ||
| Holdings in common | 51% | |
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
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 →
Risk and return
Mar 28, 2024 to Oct 30, 2026 · 135 weekly returnsEach against its own benchmark: IQQQ against QQQ, Mar 28, 2024 to Oct 30, 2026; PBP against SPY, Dec 28, 2007 to Oct 30, 2026.
From Mar 2024 to Oct 2026, IQQQ returned more: +42.9% to +35.1%. PBP swung less: 9.3% to 18.0%. PBP fell less at its worst: −14.3% to −19.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | IQQQ | PBP | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +42.9% | +35.1% | IQQQ | Price change plus distributions, reinvested. |
| Annualized | +14.8% | +12.3% | IQQQ | Total return as a yearly rate. |
| Price return | +12.0% | +2.5% | IQQQ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 18.0% | 9.3% | PBP | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.5% | 6.6% | PBP | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −19.4% | −14.3% | PBP | Deepest fall from a high to the low after it. |
| Upside capture | 84.6% | 43.1% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 96.9% | 66.8% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.88 | 0.63 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.96 | 0.78 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.62 | 0.84 | PBP | Return above Treasury bills per unit of volatility. |
| Sortino | 0.89 | 1.17 | PBP | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.127 | 0.072 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.76 | 0.86 | PBP | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | QQQ | SPY | The ETF each fund is measured against. | |
| Alpha | −2.3% a year | −2.2% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −1.03 | −1.56 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −6.7% to +2.1% | −5.0% to +0.6% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.96 | −0.68 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 4.3% | 9.1% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 135 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IQQQ and PBP hold 51% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.
half
51% in common
Only in one fund ↓
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 | IQQQ | PBP | IQQQ | PBP | IQQQ | PBP |
| 3 months | −4.4% | +2.5% | 1.5% | 2.5% | −0.9 pts | +2.6 pts |
| 6 months | −2.6% | +8.1% | 3.4% | 5.3% | −2.3 pts | +3.1 pts |
| 1 year | +7.4% | +16.2% | 6.8% | 11.7% | −4.9 pts | +1.4 pts |
| 3 years | – | +49.6% | – | 33.4% | – | −33.3 pts |
| Since launchNot the same days: IQQQ Mar 2024 · PBP Dec 2007 | +44.2% | +172.0% | 25.6% | 92.4% | −13.8 pts | −467.6 pts |
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IQQQ
Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting value in cash distributions while its price rose 0.5%. With every distribution reinvested, the fund returned +7.4%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.1%, paid monthly. ProShares estimates that 93% of the distribution paid Nov 6, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
PBP
Over the year to Nov 4, 2026, PBP paid 11.7% of its starting value in cash distributions while its price rose 3.6%. With every distribution reinvested, the fund returned +16.2%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.5%, paid monthly. Invesco estimates that 95% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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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, IQQQ against PBP, data as of Nov 4, 2026. https://etfiq.com/compare/income/iqqq-vs-pbp
ETFIQ. (Nov 4, 2026). IQQQ against PBP. Retrieved from https://etfiq.com/compare/income/iqqq-vs-pbp
[IQQQ against PBP (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/iqqq-vs-pbp)
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