Data as of Nov 4, 2026.

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Income ETFs

IQQQ vs XYLG: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, XYLG paid 12.7% 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 $72m on Oct 12, 2026 for Global X S&P 500 Covered Call & Growth ETF.

At a glance
6.8%
IQQQ cash paid, 1 year
12.7%
XYLG cash paid, 1 year
+7.4%
IQQQ total return, 1 year
+15.6%
XYLG 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.
XYLG · 1 year to Nov 4, 2026 0.8 pts ahead of SPY
XYLG
+15.6%
SPY
+14.8%

0.8 pts ahead of SPY

XYLG over 1 year: paid 12.7%, price +1.5%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

XYLG

+15.6%

12.7% of it arrived as cash

0.8 pts ahead of SPY

Total return, distributions reinvested

0.8 pts ahead of SPY

XYLG over 1 year: paid 12.7%, price +1.5%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

XYLG

+15.6%

12.7% as cash

0.8 pts ahead of SPY

12.7% of it arrived as cash. Both charts share one scale, 0 to +15.6%. XYLG over 1 year: paid 12.7%, price +1.5%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +15.6%. Data to Nov 4, 2026.

Pair scorecard

XYLG costs 0.20 points a year less; their one-year returns differ by 8.2 points; IQQQ is 5.7 times larger.

Points (pts) are percentage points.

IQQQ vs XYLG: Dividend Yield & Total Return
MeasureIQQQXYLG
Paid and earned
Total return, 1 year+7.4%+15.6%
Price change, 1 yearrose 0.5%rose 1.5%
Return of capital, issuer estimate93% of the Nov 6, 2026 payment80% of the Sep 24, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQS&P 500, measured through SPY
Cost and size
Expense ratio0.55%0.35%
Net assets, as of Oct 12, 2026$409m$72m
Holdings
Holdings in common51%
ETFIQ Distribution Coverage Score · XYLG scores higher How much of what it paid out did its total return cover?
IQ Income Score64.4IQQQ70.4XYLG

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

51%

By the books each fund has filed, IQQQ and XYLG hold 51% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

51% in common

Positions both hold · largest shared weight first IQQQ XYLG
NVIDIA Corp. 7.26% 7.60%
Apple, Inc. 6.32% 7.09%
Microsoft Corp. 5.12% 5.39%
Amazon.com, Inc. 3.80% 4.15%
Alphabet, Inc. 2.69% 3.26%
Alphabet, Inc. 2.49% 2.63%
Broadcom, Inc. 2.39% 2.88%
Meta Platforms, Inc. 2.30% 1.91%
Micron Technology, Inc. 4.06% 1.45%
Tesla, Inc. 2.50% 1.36%
Advanced Micro Devices, Inc. 2.88% 1.21%
Walmart, Inc. 1.92% 0.76%
Only in one fund ↓
Only in IQQQ
Space Exploration Technologies Corp. 1.03%
Shopify, Inc. 0.67%
ASML Holding NV 0.58%
ARM Holdings plc 0.39%
MercadoLibre, Inc. 0.37%
PDD Holdings, Inc. 0.21%
Astera Labs, Inc. 0.19%
Coca-Cola Europacific Partners plc 0.18%
Only in XYLG
JPMORGAN CHASE & CO. 1.47%
BERKSHIRE HATHAWAY INC. 1.46%
ELI LILLY AND COMPANY 1.41%
EXXONMOBIL HOLDINGS CORPORATION 1.00%
JOHNSON & JOHNSON 0.96%
VISA INC. 0.94%
MASTERCARD INCORPORATED 0.72%
ABBVIE INC. 0.69%
Check overlap with more funds →

Side by side

IQQQ ProShares Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly XYLG Global X S&P 500 Covered Call & Growth ETF · Covered call on SPY, paying monthly
Strategy option income covered call
Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)
Pays monthly monthly
Payout rate, annualized 6.1% 4.4%
Expense ratio 0.55% 0.35%
Cash paid, 1 year 6.8% 12.7%
Price change, 1 year +0.5% +1.5%
Total return, 1 year +7.4% +15.6%
Benchmark return, 1 year +12.3% +14.8%
Ahead or behind −4.9 pts +0.8 pts
Return of capital, latest estimate 93% 80%
Age 2.6 years 6.1 years
Net assets, IQQQ as of Nov 4, 2026 and XYLG as of Oct 12, 2026 $380m $72m

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 XYLG: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowIQQQXYLGIQQQXYLGIQQQXYLG
3 months−4.4%+1.4%1.5%1.1%−0.9 pts+1.5 pts
6 months−2.6%+6.7%3.4%2.5%−2.3 pts+1.7 pts
1 year+7.4%+15.6%6.8%12.7%−4.9 pts+0.8 pts
3 years–+65.6%–44.3%–−17.4 pts
Since launchNot the same days: IQQQ Mar 2024 · XYLG Sep 2020+44.2%+116.0%25.6%69.8%−13.8 pts−38.4 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.

XYLG

Over the year to Nov 4, 2026, XYLG paid 12.7% of its starting value in cash distributions while its price rose 1.5%. With every distribution reinvested, the fund returned +15.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 4.4%, paid monthly. Global X estimates that 80% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, IQQQ or XYLG?
Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting price in cash and XYLG paid 12.7%, so XYLG 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 XYLG?
With every distribution reinvested, IQQQ returned +7.4% and XYLG +15.6% over the year to Nov 4, 2026.
Which is cheaper, IQQQ or XYLG?
IQQQ charges 0.55% a year and XYLG charges 0.35%, so XYLG is cheaper. Fees come from each fund's prospectus.
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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 XYLG, data as of Nov 4, 2026. https://etfiq.com/compare/income/iqqq-vs-xylg

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