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Data as of .

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

Over the year QYLD paid 12.5% of its price in cash against KHPI’s 9.1%, and returned more with it reinvested.

Kensington Hedged Premium Income ETF and Global X NASDAQ 100 Covered Call ETF.

9.1%KHPI cash paid, 1 year
12.5%QYLD cash paid, 1 year
+11.0%KHPI total return, 1 year
+23.0%QYLD total return, 1 year

ETFIQ Return Stability Score: QYLD scores higher

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

KHPI 55.5QYLD 82.73.8, 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

KHPI5.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%KHPI+11.0%9.1% of it arrived as cash5.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%KHPI+11.0%5.5 pts behind SPY
QYLD1.2 pts ahead of QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QYLD+23.0%12.5% of it arrived as cash1.2 pts ahead of QQQTotal return, distributions reinvestedQQQ+21.8%QYLD+23.0%12.5% cash1.2 pts ahead of QQQ

What they hold in common

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

Only in each
Only in KHPIOnly in QYLD
Vanguard S&P 500 ETF 100.00%NVIDIA CORP 8.54%
APPLE INC 7.82%
MICROSOFT CORP 5.84%
MICRON TECHNOLOGY INC 5.05%
AMAZON.COM INC 4.36%
ADVANCED MICRO DEVICES 4.02%
ALPHABET INC-CL A 3.27%
META PLATFORMS INC 3.15%

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 Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

KHPI and QYLD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
KHPIQYLDKHPIQYLDKHPIQYLD
3 months+1.9%+3.2%2.2%3.0%−0.3 pts+5.7 pts
6 months+11.3%+14.5%4.7%6.3%−6.8 pts−9.7 pts
1 year+11.0%+23.0%9.1%12.5%−5.5 pts+1.2 pts
3 yearsnot published+55.3%not published36.6%not published−42.9 pts
Since launch+24.6%+198.3%18.4%116.0%−17.7 pts−644.6 pts
Open the live comparison on ETFIQ
KHPI and QYLD on the same fields, as of Sep 18, 2026. Source: ETFIQ.
KHPI
Kensington Hedged Premium Income ETF
Covered call on SPY, paying monthly
QYLD
Global X NASDAQ 100 Covered Call ETF
Covered call on QQQ, paying monthly
IssuerKensingtonGlobal X
Strategycovered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyNasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized9.0%11.8%
Expense ratio0.98%0.60%
Cash paid, 1 year9.1%12.5%
Price change, 1 year+1.5%+9.1%
Total return, 1 year+11.0%+23.0%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind−5.5 pts+1.2 pts
Return of capital, latest estimatenot published100%
Age743 days4663 days
Net assets$401m$8.5bn

KHPI in plain words

Over the year to Sep 18, 2026, KHPI paid 9.1% of its starting value in cash distributions while its price rose 1.5%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, paid monthly.

QYLD in plain words

Over the year to Sep 18, 2026, QYLD paid 12.5% of its starting value in cash distributions while its price rose 9.1%. With every distribution reinvested, the fund returned +23.0%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was ahead by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.8%, 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, KHPI or QYLD?
Over the year to Sep 18, 2026, KHPI paid 9.1% 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, KHPI or QYLD?
With every distribution reinvested, KHPI returned +11.0% and QYLD returned +23.0% over the year to Sep 18, 2026, so QYLD returned more.
Which is cheaper, KHPI or QYLD?
KHPI charges 0.98% a year and QYLD charges 0.60%, so QYLD 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.

KHPI against QYLD, 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, KHPI against QYLD, data as of Sep 18, 2026. https://etfiq.com/compare/income/khpi-vs-qyld Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources