Data as of Nov 4, 2026.
LJUL vs QDTE: Dividend Yield & Total Return
Over the year to Nov 4, 2026, QDTE paid 34.7% of its price in cash against LJUL’s 5.2%, and returned more with it reinvested.
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Net assets on Nov 4, 2026: $9.0m for Innovator Premium Income 15 Buffer ETF - July and $881m for Roundhill Nasdaq-100 0DTE Covered Call Strategy ETF.
9.5 pts behind VOO
LJUL over 1 year: paid 5.2%, price 0.0%, total +5.3%, VOO +14.8%, −9.5 pts. Data to Nov 4, 2026.
VOO
+14.8%
LJUL
+5.3%
5.2% of it arrived as cash
9.5 pts behind VOO
Total return, distributions reinvested
9.5 pts behind VOO
LJUL over 1 year: paid 5.2%, price 0.0%, total +5.3%, VOO +14.8%, −9.5 pts. Data to Nov 4, 2026.
VOO
+14.8%
LJUL
+5.3%
9.5 pts behind VOO
5.2% of it arrived as cash. Total return, distributions reinvested. LJUL over 1 year: paid 5.2%, price 0.0%, total +5.3%, VOO +14.8%, −9.5 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.1.4 pts ahead of QQQ
QDTE over 1 year: paid 34.7%, price −23.4%, total +13.7%, QQQ +12.3%, +1.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QDTE
+13.7%
34.7% of it arrived as cash
1.4 pts ahead of QQQ
Total return, distributions reinvested
1.4 pts ahead of QQQ
QDTE over 1 year: paid 34.7%, price −23.4%, total +13.7%, QQQ +12.3%, +1.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QDTE
+13.7%
34.7% as cash
1.4 pts ahead of QQQ
34.7% of it arrived as cash. Both charts share one scale, with zero at the line. QDTE over 1 year: paid 34.7%, price −23.4%, total +13.7%, QQQ +12.3%, +1.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
LJUL costs 0.17 points a year less; their one-year returns differ by 8.4 points; QDTE is far larger, $881m against $9.0m.
Points (pts) are percentage points.
| Measure | LJUL | QDTE |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +5.3% | +13.7% |
| Price change, 1 year | fell 0.0% | fell 23.4% |
| Return of capital, issuer estimate | 40% of the Nov 2, 2026 payment | 100% of the Oct 30, 2026 payment |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.79% | 0.96% |
| Net assets | $9.0m | $881m |
| 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
Jul 12, 2024 to Oct 30, 2026 · 120 weekly returnsEach against its own benchmark: LJUL against VOO, Jul 12, 2024 to Oct 30, 2026; QDTE against QQQ, Mar 15, 2024 to Oct 30, 2026.
From Jul 2024 to Oct 2026, QDTE returned more: +42.0% to +12.9%. LJUL swung less: 2.2% to 18.3%. LJUL fell less at its worst: −2.0% to −20.5%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | LJUL | QDTE | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +12.9% | +42.0% | QDTE | Price change plus distributions, reinvested. |
| Annualized | +5.4% | +16.4% | QDTE | Total return as a yearly rate. |
| Price return | −0.4% | −40.8% | LJUL | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 2.2% | 18.3% | LJUL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 1.6% | 12.6% | LJUL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −2.0% | −20.5% | LJUL | Deepest fall from a high to the low after it. |
| Upside capture | 9.0% | 81.9% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 4.9% | 91.4% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.11 | 0.85 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.60 | 0.93 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.52 | 0.70 | QDTE | Return above Treasury bills per unit of volatility. |
| Sortino | 0.68 | 1.01 | QDTE | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.100 | 0.172 | Return above Treasury bills per unit of beta. | |
| Calmar | 2.64 | 0.80 | LJUL | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | VOO | QQQ | The ETF each fund is measured against. | |
| Alpha | −0.1% a year | +1.1% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.15 | 0.37 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −1.9% to +1.7% | −4.8% to +7.1% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.76 | −0.22 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 13.3% | 5.7% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 120 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, LJUL and QDTE hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 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 | LJUL | QDTE | LJUL | QDTE | LJUL | QDTE |
| 3 months | +1.1% | −1.6% | 1.3% | 6.3% | +1.3 pts | +1.8 pts |
| 6 months | +2.8% | +1.6% | 2.6% | 14.3% | −2.3 pts | +2.0 pts |
| 1 year | +5.3% | +13.7% | 5.2% | 34.7% | −9.5 pts | +1.5 pts |
| Since launchNot the same days: LJUL Jul 2024 · QDTE Mar 2024 | +14.0% | +55.2% | 12.6% | 75.6% | −30.5 pts | −2.3 pts |
Client brief:
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LJUL
Over the year to Nov 4, 2026, LJUL paid 5.2% of its starting value in cash distributions while its price fell 0.0%. With every distribution reinvested, the fund returned +5.3%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 9.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.3%, paid monthly. Innovator estimates that 40% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
QDTE
Over the year to Nov 4, 2026, QDTE paid 34.7% of its starting value in cash distributions while its price fell 23.4%. With every distribution reinvested, the fund returned +13.7%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 27.9%, paid weekly. Roundhill estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).
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.
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ETFIQ, LJUL against QDTE, data as of Nov 4, 2026. https://etfiq.com/compare/income/ljul-vs-qdte
ETFIQ. (Nov 4, 2026). LJUL against QDTE. Retrieved from https://etfiq.com/compare/income/ljul-vs-qdte
[LJUL against QDTE (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ljul-vs-qdte)
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