Data as of Nov 4, 2026.

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Income ETFs

IQQQ vs SPUT: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, IQQQ paid 6.8% of its price in cash against SPUT’s 4.8%, though SPUT returned more with it reinvested.

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Net assets on Nov 4, 2026: $380m for ProShares Nasdaq-100 High Income ETF and $17m for Innovator Equity Premium Income - Daily PutWrite ETF.

At a glance
6.8%
IQQQ cash paid, 1 year
4.8%
SPUT cash paid, 1 year
+7.4%
IQQQ total return, 1 year
+10.7%
SPUT 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.
SPUT · 1 year to Nov 4, 2026 4.1 pts behind SPY
SPUT
+10.7%
SPY
+14.8%

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.8% of it arrived as cash

4.1 pts behind SPY

Total return, distributions reinvested

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.1 pts behind SPY

4.8% of it arrived as cash. Both charts share one scale, 0 to +14.8%. SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 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 3.3 points; IQQQ is far larger, $380m against $17m.

Points (pts) are percentage points.

IQQQ vs SPUT: Dividend Yield & Total Return
MeasureIQQQSPUT
Paid and earned
Total return, 1 year+7.4%+10.7%
Price change, 1 yearrose 0.5%rose 5.7%
Return of capital, issuer estimate93% of the Nov 6, 2026 payment58% of the Nov 2, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQS&P 500, measured through SPY
Cost and size
Expense ratio0.55%0.79%
Net assets$380m$17m
Holdings
Holdings in common27%
ETFIQ Distribution Coverage Score · SPUT scores higher How much of what it paid out did its total return cover?
IQ Income Score64.4IQQQ88.9SPUT

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

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

27%

By the books each fund has filed, IQQQ and SPUT hold 27% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

27% in common

Positions both hold · largest shared weight first IQQQ SPUT
NVIDIA Corp. 7.26% 3.71%
Apple, Inc. 6.32% 3.50%
Microsoft Corp. 5.12% 2.70%
Amazon.com, Inc. 3.80% 2.06%
Alphabet, Inc. 2.69% 1.64%
Broadcom, Inc. 2.39% 1.43%
Alphabet, Inc. 2.49% 1.43%
Meta Platforms, Inc. 2.30% 0.97%
Tesla, Inc. 2.50% 0.82%
Micron Technology, Inc. 4.06% 0.74%
Advanced Micro Devices, Inc. 2.88% 0.61%
Walmart, Inc. 1.92% 0.38%
Only in one fund ↓
Only in IQQQ
Space Exploration Technologies Corp. 1.03%
Seagate Technology Holdings plc 0.70%
Shopify, Inc. 0.67%
ASML Holding NV 0.58%
ARM Holdings plc 0.39%
Marriott International, Inc. 0.34%
PDD Holdings, Inc. 0.21%
Coca-Cola Europacific Partners plc 0.18%
Only in SPUT
Eli Lilly & Co 0.77%
JPMorgan Chase & Co 0.75%
Berkshire Hathaway Inc 0.56%
ExxonMobil Holdings Corp 0.51%
Johnson & Johnson 0.49%
Visa Inc 0.49%
Mastercard Inc 0.36%
AbbVie Inc 0.35%
Check overlap with more funds →

Side by side

IQQQ ProShares Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly SPUT Innovator Equity Premium Income - Daily PutWrite ETF · Sells puts on the S&P 500, paying monthly
Strategy option income put-selling overlay
Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)
Pays monthly monthly
Payout rate, annualized 6.1% 3.6%
Expense ratio 0.55% 0.79%
Cash paid, 1 year 6.8% 4.8%
Price change, 1 year +0.5% +5.7%
Total return, 1 year +7.4% +10.7%
Benchmark return, 1 year +12.3% +14.8%
Ahead or behind −4.9 pts −4.1 pts
Return of capital, latest estimate 93% 58%
Age 2.6 years 1.6 years
Net assets $380m $17m

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 SPUT: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowIQQQSPUTIQQQSPUTIQQQSPUT
3 months−4.4%+0.9%1.5%1.0%−0.9 pts+1.0 pts
6 months−2.6%+3.4%3.4%1.9%−2.3 pts−1.6 pts
1 year+7.4%+10.7%6.8%4.8%−4.9 pts−4.0 pts
Since launchNot the same days: IQQQ Mar 2024 · SPUT Mar 2025+44.2%+23.3%25.6%9.1%−13.8 pts−15.6 pts

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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.

SPUT

Over the year to Nov 4, 2026, SPUT paid 4.8% of its starting value in cash distributions while its price rose 5.7%. With every distribution reinvested, the fund returned +10.7%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 3.6%, paid monthly. Innovator estimates that 58% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, IQQQ or SPUT?
Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting price in cash and SPUT paid 4.8%, so IQQQ 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 SPUT?
With every distribution reinvested, IQQQ returned +7.4% and SPUT +10.7% over the year to Nov 4, 2026.
Which is cheaper, IQQQ or SPUT?
IQQQ charges 0.55% a year and SPUT charges 0.79%, so IQQQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Sources and dates

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.

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

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