Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

KIQQ vs TSPY: which paid, and which earned it?

KIQQ and TSPY both write options for income.

KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF and TappAlpha S&P 500 Growth & Daily Income ETF.

5.8%KIQQ cash paid, 1 year
14.1%TSPY cash paid, 1 year
+6.0%KIQQ total return, 1 year
+15.1%TSPY total return, 1 year
KIQQ9.9 pts behind QQQ · since launch to Sep 18, 2026
QQQ+15.9%KIQQ+6.0%5.8% of it arrived as cash9.9 pts behind QQQTotal return, distributions reinvestedQQQ+15.9%KIQQ+6.0%9.9 pts behind QQQ
TSPY1.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%TSPY+15.1%14.1% of it arrived as cash1.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%TSPY+15.1%14.1% as cash1.5 pts behind SPY

What they hold in common

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

Only in each
Only in KIQQOnly in TSPY
+NDXDBHIO/-FED FUNDS 100.58%Vanguard S&P 500 ETF 100.00%
NVIDIA CORP 8.90%
APPLE INC 8.20%
MICROSOFT CORP 6.17%
MICRON TECHNOLOGY INC 5.14%
AMAZON.COM INC 4.50%
ADVANCED MICRO DEVICES 4.21%
ALPHABET INC-CL A 3.40%

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

KIQQ and TSPY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
KIQQTSPYKIQQTSPYKIQQTSPY
3 months−3.2%+2.3%1.9%3.5%−0.7 pts0.0 pts
6 months+11.9%+16.4%4.5%7.6%−12.3 pts−1.6 pts
1 yearnot published+15.1%not published14.1%not published−1.5 pts
Since launch+6.0%+37.3%5.8%28.7%−9.9 pts−4.0 pts
Open the live comparison on ETFIQ
KIQQ and TSPY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
KIQQ
KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF
Buffer with income on QQQ, paying monthly
TSPY
TappAlpha S&P 500 Growth & Daily Income ETF
Option income on SPY, paying monthly
IssuerKraneSharesTappAlpha
Strategybuffer with incomeoption income
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized6.3%14.0%
Expense ratio0.79%0.77%
Cash paid, 1 year5.8% (since launch on Jan 7, 2026)14.1%
Price change, 1 year−0.1%−0.1%
Total return, 1 year+6.0% (since launch on Jan 7, 2026)+15.1%
Benchmark return, 1 year+15.9%+16.6%
Ahead or behind−9.9 pts−1.5 pts
Return of capital, latest estimatenot publishednot published
Age254 days764 days
Net assets$3m$311m

KIQQ in plain words

Over the period since launch on Jan 7, 2026 to Sep 18, 2026, KIQQ paid 5.8% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +6.0%. Nasdaq-100 (QQQ) returned +15.9% over the same days, so a holder was behind by 9.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, paid monthly.

TSPY in plain words

Over the year to Sep 18, 2026, TSPY paid 14.1% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +15.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.0%, paid monthly.

Questions people ask

Which is cheaper, KIQQ or TSPY?
KIQQ charges 0.79% a year and TSPY charges 0.77%, so TSPY 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.

KIQQ against TSPY, 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, KIQQ against TSPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/kiqq-vs-tspy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources