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Data as of .

IVVW vs QUSA: which paid, and which earned it?

Over the year IVVW paid 17.5% of its price in cash against QUSA’s 13.8%, and returned more with it reinvested.

iShares S&P 500 BuyWrite ETF and VistaShares Target 15 USA Quality Income ETF.

17.5%IVVW cash paid, 1 year
13.8%QUSA cash paid, 1 year
+17.2%IVVW total return, 1 year
+3.5%QUSA total return, 1 year

ETFIQ Return Stability Score: IVVW scores higher

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

IVVW 61.3QUSA 21.43.8, the lowest in this set96.8, the highest

A percentile among the 173 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

IVVW0.6 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%IVVW+17.2%17.5% of it arrived as cash0.6 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%IVVW+17.2%17.5% as cash0.6 pts ahead of SPY
QUSA11.7 pts behind QUAL · 1 year to Sep 18, 2026
QUAL+15.2%QUSA+3.5%13.8% as cash11.7 pts behind QUALTotal return, distributions reinvestedQUAL+15.2%QUSA+3.5%11.7 pts behind QUAL

What they hold in common

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

Only in each
Only in IVVWOnly in QUSA
ISHARES CORE S&P ETF TRUST 100.84%Microsoft Corp 6.08%
USD CASH 0.66%Apple Inc 5.99%
BLK CSH FND TREASURY SL AGENCY 0.14%NVIDIA Corp 5.78%
OCT26 SPX C @ 7625.000000 -1.64%Berkshire Hathaway Inc 5.35%
Caterpillar Inc 4.91%
Broadcom Inc 4.70%
Costco Wholesale Corp 4.40%
Coca-Cola Co/The 4.33%

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 Sep 17, 2026 and Sep 21, 2026.

Performance, window by window

IVVW and QUSA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
IVVWQUSAIVVWQUSAIVVWQUSA
3 months+4.6%−1.9%2.6%3.6%+2.4 pts−3.6 pts
6 months+13.1%+10.4%7.9%7.8%−4.9 pts−4.3 pts
1 year+17.2%+3.5%17.5%13.8%+0.6 pts−11.7 pts
Since launch+38.9%+4.9%39.7%15.1%−14.9 pts−25.8 pts
Open the live comparison on ETFIQ
IVVW and QUSA on the same fields, as of Sep 18, 2026. Source: ETFIQ.
IVVW
iShares S&P 500 BuyWrite ETF
Covered call on SPY, paying monthly
QUSA
VistaShares Target 15 USA Quality Income ETF
Covered call on QUAL, paying monthly
IssueriSharesVistaShares
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)USA Quality (QUAL), used as the quality proxy
Paysmonthlymonthly
Payout rate, annualized7.6%15.3%
Expense ratio0.25%0.97%
Cash paid, 1 year17.5%13.8%
Price change, 1 year−2.0%−11.0%
Total return, 1 year+17.2%+3.5%
Benchmark return, 1 year+16.6%+15.2%
Ahead or behind+0.6 pts−11.7 pts
Return of capital, latest estimatenot publishednot published
Age917 days500 days
Net assets$350m$22m

IVVW in plain words

Over the year to Sep 18, 2026, IVVW paid 17.5% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned +17.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.6%, paid monthly.

QUSA in plain words

Over the year to Sep 18, 2026, QUSA paid 13.8% of its starting value in cash distributions while its price fell 11.0%. With every distribution reinvested, the fund returned +3.5%. USA Quality (QUAL), used as the quality proxy returned +15.2% over the same days, so a holder was behind by 11.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.

Questions people ask

Which paid more, IVVW or QUSA?
Over the year to Sep 18, 2026, IVVW paid 17.5% of its starting price in cash and QUSA paid 13.8%, so IVVW paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, IVVW or QUSA?
With every distribution reinvested, IVVW returned +17.2% and QUSA returned +3.5% over the year to Sep 18, 2026, so IVVW returned more.
Which is cheaper, IVVW or QUSA?
IVVW charges 0.25% a year and QUSA charges 0.97%, so IVVW 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.

IVVW against QUSA, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IVVW against QUSA, data as of Sep 18, 2026. https://etfiq.com/compare/income/ivvw-vs-qusa Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources