Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

JOYT vs QDTE: which paid, and which earned it?

Over the year QDTE paid 36.1% of its price in cash against JOYT’s 0.7%, and returned more with it reinvested.

JPMorgan Equity and Options Total Return ETF and Roundhill Innovation-100 0DTE Covered Call Strategy ETF.

0.7%JOYT cash paid, 1 year
36.1%QDTE cash paid, 1 year
+15.9%JOYT total return, 1 year
+21.1%QDTE total return, 1 year

ETFIQ Return Stability Score: JOYT scores higher

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

JOYT 79.8QDTE 39.93.8, 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

JOYT0.7 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%JOYT+15.9%0.7 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JOYT+15.9%0.7 pts behind SPY
QDTE0.7 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QDTE+21.1%36.1% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QDTE+21.1%36.1% as cash0.7 pts behind QQQ

What they hold in common

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

Only in each
Only in JOYTOnly in QDTE
NVIDIA Corp. 8.64%NDX 03/19/2027 2510.15 C 25.90%
Apple, Inc. 6.51%QQQ 11/19/2027 70.11 C 24.77%
Alphabet, Inc. 5.94%NDX 06/11/2027 3059.42 C 22.64%
Microsoft Corp. 5.68%QQQ 09/17/2027 70.69 C 17.82%
Amazon.com, Inc. 4.78%Roundhill Weekly T-Bill ETF 4.97%
Broadcom, Inc. 2.98%First American Government Obligations Fund 12/01/2031 3.90%
Meta Platforms, Inc. 2.73%
Wells Fargo & Co. 2.22%

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 Apr 30, 2026 and Sep 18, 2026.

Performance, window by window

JOYT and QDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JOYTQDTEJOYTQDTEJOYTQDTE
3 months+3.8%−0.9%0.2%7.6%+1.5 pts+1.6 pts
6 months+11.9%+19.7%0.4%16.2%−6.1 pts−4.5 pts
1 year+15.9%+21.1%0.7%36.1%−0.7 pts−0.7 pts
Since launch+19.6%+59.9%0.7%74.1%−1.1 pts−4.3 pts
Open the live comparison on ETFIQ
JOYT and QDTE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JOYT
JPMorgan Equity and Options Total Return ETF
Option income on SPY, paying quarterly
QDTE
Roundhill Innovation-100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
IssuerJPMorganRoundhill
Strategyoption income0DTE covered call
BenchmarkS&P 500 (SPY), used as a default proxyNasdaq-100 (QQQ)
Paysquarterlyweekly
Payout rate, annualized0.7%20.8%
Expense ratio0.35%0.96%
Cash paid, 1 year0.7%36.1%
Price change, 1 year+15.2%−19.2%
Total return, 1 year+15.9%+21.1%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind−0.7 pts−0.7 pts
Return of capital, latest estimatenot publishednot published
Age395 days925 days
Net assets$108m$967m

JOYT in plain words

Over the year to Sep 18, 2026, JOYT paid 0.7% of its starting value in cash distributions while its price rose 15.2%. With every distribution reinvested, the fund returned +15.9%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 0.7%, paid quarterly.

QDTE in plain words

Over the year to Sep 18, 2026, QDTE paid 36.1% of its starting value in cash distributions while its price fell 19.2%. With every distribution reinvested, the fund returned +21.1%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid weekly.

Questions people ask

Which paid more, JOYT or QDTE?
Over the year to Sep 18, 2026, JOYT paid 0.7% of its starting price in cash and QDTE paid 36.1%, so QDTE paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, JOYT or QDTE?
With every distribution reinvested, JOYT returned +15.9% and QDTE returned +21.1% over the year to Sep 18, 2026, so QDTE returned more.
Which is cheaper, JOYT or QDTE?
JOYT charges 0.35% a year and QDTE charges 0.96%, so JOYT 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.

JOYT against QDTE, 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, JOYT against QDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/joyt-vs-qdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources