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Data as of .

ISPY vs QYLD: which paid, and which earned it?

Over the year QYLD paid 12.5% of its price in cash against ISPY’s 5.7%, and returned more with it reinvested.

ProShares S&P 500 High Income ETF and Global X NASDAQ 100 Covered Call ETF, side by side, income ETFs on ETFIQ.

5.7%ISPY cash paid, 1 year
12.5%QYLD cash paid, 1 year
+14.4%ISPY total return, 1 year
+22.2%QYLD total return, 1 year

ETFIQ Return Stability Score: QYLD scores higher

Was the payout funded by returns, or by your own capital?

ISPY 70.7QYLD 77.53.2, the lowest in this set96.9, the highest

A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

ISPY3.1 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%ISPY+14.4%5.7% as cash3.1 pts behind SPYTotal return, distributions reinvestedSPY+17.5%ISPY+14.4%3.1 pts behind SPY
QYLD0.7 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%QYLD+22.2%12.5% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%QYLD+22.2%12.5% cash0.7 pts behind QQQ

What they hold in common

By the books each fund has filed, ISPY and QYLD hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in ISPYOnly in QYLD
ProShares GENIUS Money Market ETF 10.56%NVIDIA CORP 8.46%
NVIDIA Corp. 7.07%APPLE INC 7.81%
Apple, Inc. 6.31%MICROSOFT CORP 5.90%
Microsoft Corp. 4.60%MICRON TECHNOLOGY INC 4.86%
Amazon.com, Inc. 3.64%AMAZON.COM INC 4.42%
Alphabet, Inc. 3.05%ADVANCED MICRO DEVICES 3.72%
Broadcom, Inc. 2.92%ALPHABET INC-CL A 3.16%
Alphabet, Inc. 2.42%META PLATFORMS INC 3.07%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 11, 2026.

Performance, window by window

ISPY and QYLD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ISPYQYLDISPYQYLDISPYQYLD
3 months+1.8%+4.7%1.5%3.0%−1.5 pts+5.5 pts
6 months+12.8%+11.8%3.5%6.2%−3.2 pts−8.9 pts
1 year+14.4%+22.2%5.7%12.5%−3.1 pts−0.7 pts
3 yearsnot published+51.3%not published36.6%not published−43.8 pts
Since launch+53.4%+195.4%25.8%116.0%−14.8 pts−639.0 pts
Open the live comparison on ETFIQ
ISPY and QYLD on the same fields, as of Sep 11, 2026. Source: ETFIQ.
ISPY
ProShares S&P 500 High Income ETF
Covered call on SPY, paying monthly
QYLD
Global X NASDAQ 100 Covered Call ETF
Covered call on QQQ, paying monthly
IssuerProSharesGlobal X
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized5.8%11.9%
Expense ratio0.56%0.60%
Cash paid, 1 year5.7%12.5%
Price change, 1 year+8.4%+8.4%
Total return, 1 year+14.4%+22.2%
Benchmark return, 1 year+17.5%+23.0%
Ahead or behind−3.1 pts−0.7 pts
Return of capital, latest estimatenot published100%
Age996 days4656 days

ISPY in plain words

Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 5.8%, paid monthly.

QYLD in plain words

Over the year to Sep 11, 2026, QYLD paid 12.5% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +22.2%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 11.9%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, ISPY or QYLD?
Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting price in cash and QYLD paid 12.5%, so QYLD paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, ISPY or QYLD?
With every distribution reinvested, ISPY returned +14.4% and QYLD returned +22.2% over the year to Sep 11, 2026, so QYLD returned more.
Which is cheaper, ISPY or QYLD?
ISPY charges 0.56% a year and QYLD charges 0.60%, so ISPY is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ISPY against QYLD, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ISPY against QYLD, data as of Sep 11, 2026. https://etfiq.com/compare/income/ispy-vs-qyld Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources