Which paid more, IQQQ or SCLZ?

Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting price in cash and SCLZ paid 8.5%, so SCLZ paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, IQQQ or SCLZ?

With every distribution reinvested, IQQQ returned +7.4% and SCLZ +10.6% over the year to Nov 4, 2026.

Which is cheaper, IQQQ or SCLZ?

IQQQ charges 0.55% a year and SCLZ charges 0.79%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

IQQQ vs SCLZ: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, SCLZ paid 8.5% 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 $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF.

IQQQ on its own →SCLZ on its own →

At a glance

6.8%

IQQQ cash paid, 1 year

8.5%

SCLZ cash paid, 1 year

+7.4%

IQQQ total return, 1 year

+10.6%

SCLZ total return, 1 year

IQQQ · 1 year to Nov 4, 2026 4.9 pts behind QQQ

IQQQ

+7.4%

QQQ

+12.3%

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.

SCLZ · 1 year to Nov 4, 2026 4.2 pts behind SPY

SCLZ

+10.6%

SPY

+14.8%

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% of it arrived as cash

4.2 pts behind SPY

Total return, distributions reinvested

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% cash

4.2 pts behind SPY

8.5% of it arrived as cash. Both charts share one scale, 0 to +14.8%. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

IQQQ costs 0.24 points a year less; their one-year returns differ by 3.2 points.

Points (pts) are percentage points.

IQQQ vs SCLZ: Dividend Yield & Total Return
Measure	IQQQ	SCLZ
Paid and earned
Measure	IQQQ	SCLZ
Total return, 1 year	+7.4%	+10.6%
Price change, 1 year	rose 0.5%	rose 1.6%
Against its benchmark
Measure	IQQQ	SCLZ
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	IQQQ	SCLZ
Expense ratio	0.55%	0.79%
Net assets, IQQQ as of Nov 4, 2026 and SCLZ as of Jun 30, 2026	$380m	$20m
Holdings
Measure	IQQQ	SCLZ
Holdings in common	45%

ETFIQ Distribution Coverage Score · SCLZ scores higher How much of what it paid out did its total return cover?

IQ Income Score64.4IQQQ71.6SCLZ

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

IQQQ 64.4

SCLZ 71.6

0.3, the lowest in this set 99.7, the highest

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 →

Method

What they share

45%

By the books each fund has filed, IQQQ and SCLZ hold 45% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

45% in common

Positions both hold · largest shared weight first IQQQ SCLZ

Apple, Inc. 6.32% 6.20%

NVIDIA Corp. 7.26% 6.03%

Micron Technology, Inc. 4.06% 7.95%

Amazon.com, Inc. 3.80% 3.77%

Microsoft Corp. 5.12% 3.74%

Advanced Micro Devices, Inc. 2.88% 5.18%

Alphabet, Inc. 2.69% 5.22%

Broadcom, Inc. 2.39% 4.74%

Meta Platforms, Inc. 2.30% 3.36%

Tesla, Inc. 2.50% 1.81%

Cisco Systems, Inc. 1.63% 3.03%

Walmart, Inc. 1.92% 1.49%

Only in one fund ↓

Only in IQQQ

Alphabet, Inc. 2.49%

Intel Corp. 1.69%

Lam Research Corp. 1.42%

Applied Materials, Inc. 1.36%

Palo Alto Networks, Inc. 1.17%

Space Exploration Technologies Corp. 1.03%

Texas Instruments, Inc. 0.89%

Crowdstrike Holdings, Inc. 0.88%

Only in SCLZ

ELI LILLY & COMPANY 3.88%

JP MORGAN CHASE & COMPANY 3.53%

BERKSHIRE HATHAWAY INC 3.12%

GE AEROSPACE 2.76%

JOHNSON & JOHNSON 2.43%

VISA INC 2.29%

EXXON MOBIL CORP 1.94%

CATERPILLAR INC 1.86%

Check overlap with more funds →

Side by side

IQQQ ProShares Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly

Issuer ProShares Swan

Strategy option income dividend stocks with call overlay

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

Pays monthly monthly

Payout rate, annualized 6.1% 8.7%

Expense ratio 0.55% 0.79%

Cash paid, 1 year 6.8% 8.5%

Price change, 1 year +0.5% +1.6%

Total return, 1 year +7.4% +10.6%

Benchmark return, 1 year +12.3% +14.8%

Ahead or behind −4.9 pts −4.2 pts

Return of capital, latest estimate 93% not published

Age 2.6 years 2.7 years

Net assets, IQQQ as of Nov 4, 2026 and SCLZ as of Jun 30, 2026 $380m $20m

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: IQQQ vs SCLZ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	IQQQ	SCLZ	IQQQ	SCLZ	IQQQ	SCLZ
3 months	−4.4%	0.0%	1.5%	2.1%	−0.9 pts	+0.2 pts
6 months	−2.6%	+4.4%	3.4%	4.3%	−2.3 pts	−0.6 pts
1 year	+7.4%	+10.6%	6.8%	8.5%	−4.9 pts	−4.2 pts
Since launchNot the same days: IQQQ Mar 2024 · SCLZ Feb 2024	+44.2%	+35.4%	25.6%	21.2%	−13.8 pts	−20.8 pts

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Alert

About each fund

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.

SCLZ

Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +10.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.7%, paid monthly.

Questions people ask

Which paid more, IQQQ or SCLZ?: Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting price in cash and SCLZ paid 8.5%, so SCLZ paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, IQQQ or SCLZ?: With every distribution reinvested, IQQQ returned +7.4% and SCLZ +10.6% over the year to Nov 4, 2026.
Which is cheaper, IQQQ or SCLZ?: IQQQ charges 0.55% a year and SCLZ charges 0.79%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

IQQQ vs QUSA IQQQ vs JANJ IQQQ vs JULJ IQQQ vs JANH SCLZ vs QQQY SCLZ vs QLDY SCLZ vs QDTY SCLZ vs QRMI

Where to next

Nasdaq-100 (QQQ) →S&P 500 (SPY) →IQQQ on its own →SCLZ on its own →IQQQ dividend history →IQQQ holdings →SCLZ dividend history →SCLZ holdings →Method →Standards and sources →

Sources and dates

IQQQ filings on SEC EDGAR ↗

IQQQ prospectus with the expense ratio (SEC) ↗

IQQQ 19a-1 distribution notice ↗

ProShares page for IQQQ ↗

SCLZ filings on SEC EDGAR ↗

SCLZ prospectus with the expense ratio (SEC) ↗

Swan website ↗

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

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.

Cite this pageCitation, APA and Markdown

ETFIQ, IQQQ against SCLZ, data as of Nov 4, 2026. https://etfiq.com/compare/income/iqqq-vs-sclz

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