Which is cheaper, IQQQ or TPRY?

IQQQ charges 0.55% a year and TPRY charges 0.95%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

IQQQ vs TPRY: Dividend Yield & Total Return

IQQQ and TPRY both write options for income.

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Net assets: $380m on Nov 4, 2026 for ProShares Nasdaq-100 High Income ETF, and $3.3m on Nov 3, 2026 for VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF.

IQQQ on its own →TPRY on its own →

At a glance

6.8%

IQQQ cash paid, 1 year

9.7%

TPRY cash paid, since launch, Feb 26, 2026

+7.4%

IQQQ total return, 1 year

−7.2%

TPRY total return, since launch, Feb 26, 2026

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.

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

IQQQ costs 0.40 points a year less; IQQQ is far larger, $376m against $3.3m.

Points (pts) are percentage points.

IQQQ vs TPRY: Dividend Yield & Total Return
Measure	IQQQ	TPRY
Paid and earned
Measure	IQQQ	TPRY
Total return, 1 year	+7.4%	not published
Price change	rose 0.5% (1 year)	fell 16.1% (since Feb 26, 2026)
Return of capital, issuer estimate	93% of the Nov 6, 2026 payment	19% of the Oct 27, 2026 payment
Against its benchmark
Measure	IQQQ	TPRY
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	IQQQ	TPRY
Expense ratio	0.55%	0.95%
Net assets, as of Nov 3, 2026	$376m	$3.3m
Holdings
Measure	IQQQ	TPRY
Holdings in common	30%

Method

What they share

30%

By the books each fund has filed, IQQQ and TPRY hold 30% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

30% in common

Positions both hold · largest shared weight first IQQQ TPRY

Apple, Inc. 6.32% 5.64%

NVIDIA Corp. 7.26% 4.34%

Micron Technology, Inc. 4.06% 11.36%

Amazon.com, Inc. 3.80% 14.29%

Advanced Micro Devices, Inc. 2.88% 3.54%

Alphabet, Inc. 2.49% 6.34%

Meta Platforms, Inc. 2.30% 5.56%

Broadcom, Inc. 2.39% 1.49%

Lam Research Corp. 1.42% 3.44%

QUALCOMM, Inc. 0.67% 1.48%

ASML Holding NV 0.58% 2.58%

CoreWeave, Inc. 0.14% 1.77%

Only in one fund ↓

Only in IQQQ

Microsoft Corp. 5.12%

Alphabet, Inc. 2.69%

Tesla, Inc. 2.50%

Walmart, Inc. 1.92%

Intel Corp. 1.69%

Cisco Systems, Inc. 1.63%

Palantir Technologies, Inc. 1.61%

Costco Wholesale Corp. 1.57%

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

IQQQ ProShares Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF · Covered call on SPY, paying monthly

Issuer ProShares VistaShares

Strategy option income covered call

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

Pays monthly monthly

Payout rate, annualized 6.1% 15.7%

Expense ratio 0.55% 0.95%

Cash paid, 1 year 6.8% 9.7% (since launch, Feb 26, 2026)

Price change, 1 year +0.5% −16.1% (since launch, Feb 26, 2026)

Total return, 1 year +7.4% −7.2% (since launch, Feb 26, 2026)

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

Ahead or behind −4.9 pts −19.3 pts (since launch, Feb 26, 2026)

Return of capital, latest estimate 93% 19%

Age 2.6 years 251 days

Net assets, IQQQ as of Nov 4, 2026 and TPRY as of Nov 3, 2026 $380m $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: IQQQ vs TPRY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	IQQQ	TPRY	IQQQ	TPRY	IQQQ	TPRY
3 months	−4.4%	−9.7%	1.5%	3.6%	−0.9 pts	−9.5 pts
6 months	−2.6%	−14.1%	3.4%	6.9%	−2.3 pts	−19.1 pts
1 year	+7.4%	–	6.8%	–	−4.9 pts	–
Since launchNot the same days: IQQQ Mar 2024 · TPRY Feb 2026	+44.2%	−7.2%	25.6%	9.7%	−13.8 pts	−19.3 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.

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, IQQQ or TPRY?: IQQQ charges 0.55% a year and TPRY charges 0.95%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

IQQQ vs NLSI IQQQ vs JANH IQQQ vs SPUT IQQQ vs APRJ TPRY vs XQQI TPRY vs TDAQ TPRY vs ROCQ TPRY vs QYLG

Where to next

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

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

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