Data as of Nov 4, 2026.
JOYT vs QDTY: Dividend Yield & Total Return
Over the year to Nov 4, 2026, QDTY paid 30.7% of its price in cash against JOYT’s 0.9%, though JOYT returned more with it reinvested.
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Net assets on Nov 3, 2026: $117m for JPMorgan Equity and Options Total Return ETF and $37m for YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF.
About even with SPY
JOYT over 1 year: paid 0.9%, price +13.7%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
SPY
+14.8%
JOYT
+14.6%
about even with SPY
Total return, distributions reinvested
About even with SPY
JOYT over 1 year: paid 0.9%, price +13.7%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
SPY
+14.8%
JOYT
+14.6%
about even with SPY
0.9% of it arrived as cash. Total return, distributions reinvested. JOYT over 1 year: paid 0.9%, price +13.7%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.2.2 pts behind QQQ
QDTY over 1 year: paid 30.7%, price −21.9%, total +10.1%, QQQ +12.3%, −2.2 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QDTY
+10.1%
30.7% of it arrived as cash
2.2 pts behind QQQ
Total return, distributions reinvested
2.2 pts behind QQQ
QDTY over 1 year: paid 30.7%, price −21.9%, total +10.1%, QQQ +12.3%, −2.2 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QDTY
+10.1%
30.7% as cash
2.2 pts behind QQQ
30.7% of it arrived as cash. Both charts share one scale, with zero at the line. QDTY over 1 year: paid 30.7%, price −21.9%, total +10.1%, QQQ +12.3%, −2.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
JOYT costs 0.82 points a year less; their one-year returns differ by 4.5 points; JOYT is 3.2 times larger.
Points (pts) are percentage points.
| Measure | JOYT | QDTY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +14.6% | +10.1% |
| Price change, 1 year | rose 13.7% | fell 21.9% |
| Return of capital, issuer estimate | 75% of the Nov 5, 2026 payment | |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.35% | 1.17% |
| Net assets, as of Nov 3, 2026 | $117m | $37m |
| Holdings | ||
| Holdings in common | 0% | |
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
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 →
Risk and return
Aug 29, 2025 to Oct 30, 2026 · 61 weekly returnsEach against its own benchmark: JOYT against SPY, Aug 29, 2025 to Oct 30, 2026; QDTY against QQQ, Feb 21, 2025 to Oct 30, 2026.
From Aug 2025 to Oct 2026, QDTY returned slightly more: +19.8% to +19.0%. JOYT swung less: 8.0% to 15.5%. JOYT fell less at its worst: −6.6% to −9.1%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | JOYT | QDTY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +19.0% | +19.8% | QDTY (slight) | Price change plus distributions, reinvested. |
| Annualized | +16.0% | +16.7% | QDTY (slight) | Total return as a yearly rate. |
| Price return | +18.0% | −18.5% | JOYT | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 8.0% | 15.5% | JOYT | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 4.9% | 10.5% | JOYT | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −6.6% | −9.1% | JOYT | Deepest fall from a high to the low after it. |
| Upside capture | 67.4% | 72.2% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 66.6% | 90.5% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.62 | 0.81 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.82 | 0.87 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 1.42 | 0.83 | JOYT | Return above Treasury bills per unit of volatility. |
| Sortino | 2.31 | 1.22 | JOYT | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.184 | 0.126 | Return above Treasury bills per unit of beta. | |
| Calmar | 2.43 | 1.82 | JOYT | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | SPY | QQQ | The ETF each fund is measured against. | |
| Alpha | +4.2% a year | −1.8% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 1.35 | −0.35 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −2.1% to +10.6% | −12.0% to +8.4% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.03 | −0.60 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 5.6% | 7.7% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 61 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, JOYT and QDTY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | JOYT | QDTY | JOYT | QDTY | JOYT | QDTY |
| 3 months | +2.0% | −2.6% | 0.2% | 7.4% | +2.2 pts | +0.8 pts |
| 6 months | +7.8% | +0.6% | 0.4% | 15.2% | +2.8 pts | +1.0 pts |
| 1 year | +14.6% | +10.1% | 0.9% | 30.7% | −0.1 pts | −2.2 pts |
| Since launchNot the same days: JOYT Aug 2025 · QDTY Feb 2025 | +21.6% | +21.7% | 0.9% | 45.1% | +0.1 pts | −8.5 pts |
Client brief:
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JOYT
Over the year to Nov 4, 2026, JOYT paid 0.9% of its starting value in cash distributions while its price rose 13.7%. With every distribution reinvested, the fund returned +14.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 0.7%, paid quarterly.
QDTY
Over the year to Nov 4, 2026, QDTY paid 30.7% of its starting value in cash distributions while its price fell 21.9%. With every distribution reinvested, the fund returned +10.1%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 2.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 30.9%, paid weekly. YieldMax estimates that 75% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
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.
Cite this pageCitation, APA and Markdown
ETFIQ, JOYT against QDTY, data as of Nov 4, 2026. https://etfiq.com/compare/income/joyt-vs-qdty
ETFIQ. (Nov 4, 2026). JOYT against QDTY. Retrieved from https://etfiq.com/compare/income/joyt-vs-qdty
[JOYT against QDTY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/joyt-vs-qdty)
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