Data as of Nov 4, 2026.
LOCT vs QLDY: Dividend Yield & Total Return
Over the year to Nov 4, 2026, QLDY paid 35.3% of its price in cash against LOCT’s 5.2%, and returned more with it reinvested.
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Net assets: $11m on Nov 4, 2026 for Innovator Premium Income 15 Buffer ETF - October, and $53m on Nov 3, 2026 for Defiance Nasdaq 100 LightningSpread Income ETF.
9 pts behind VOO
LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 pts. Data to Nov 4, 2026.
VOO
+14.8%
LOCT
+5.8%
5.2% of it arrived as cash
9 pts behind VOO
Total return, distributions reinvested
9 pts behind VOO
LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 pts. Data to Nov 4, 2026.
VOO
+14.8%
LOCT
+5.8%
9 pts behind VOO
5.2% of it arrived as cash. Total return, distributions reinvested. LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.3.2 pts behind QQQ
QLDY over 1 year: paid 35.3%, price −27.2%, total +9.1%, QQQ +12.3%, −3.2 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QLDY
+9.1%
35.3% of it arrived as cash
3.2 pts behind QQQ
Total return, distributions reinvested
3.2 pts behind QQQ
QLDY over 1 year: paid 35.3%, price −27.2%, total +9.1%, QQQ +12.3%, −3.2 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QLDY
+9.1%
35.3% cash
3.2 pts behind QQQ
35.3% of it arrived as cash. Both charts share one scale, with zero at the line. QLDY over 1 year: paid 35.3%, price −27.2%, total +9.1%, QQQ +12.3%, −3.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
LOCT costs 0.25 points a year less; their one-year returns differ by 3.3 points; QLDY is 4.8 times larger.
Points (pts) are percentage points.
| Measure | LOCT | QLDY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +5.8% | +9.1% |
| Price change, 1 year | rose 0.4% | fell 27.2% |
| Return of capital, issuer estimate | 35% of the Nov 2, 2026 payment | 0% of the Nov 2, 2026 payment |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | Nasdaq-100, measured through QQQ |
| Against its benchmark, same days | behind by 9.0 pts | behind by 3.2 pts |
| Cost and size | ||
| Expense ratio | 0.79% | 1.04% |
| Net assets, as of Nov 3, 2026 | $11m | $53m |
| 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 →
What they share
By the books each fund has filed, LOCT and QLDY 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 | LOCT | QLDY | LOCT | QLDY | LOCT | QLDY |
| 3 months | +1.2% | −4.5% | 1.3% | 9.5% | +1.3 pts | −1.1 pts |
| 6 months | +2.4% | −3.1% | 2.6% | 18.5% | −2.6 pts | −2.8 pts |
| 1 year | +5.8% | +9.1% | 5.2% | 35.3% | −9.0 pts | −3.2 pts |
| 3 years | +17.9% | – | 16.8% | – | −65.4 pts | – |
| Since launchNot the same days: LOCT Oct 2023 · QLDY Sep 2025 | +19.3% | +13.2% | 17.5% | 39.1% | −67.1 pts | −3.7 pts |
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LOCT
Over the year to Nov 4, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price rose 0.4%. With every distribution reinvested, the fund returned +5.8%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 9.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.8%, paid monthly. Innovator estimates that 35% 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.
QLDY
Over the year to Nov 4, 2026, QLDY paid 35.3% of its starting value in cash distributions while its price fell 27.2%. With every distribution reinvested, the fund returned +9.1%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 3.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 19.7%, paid weekly. Defiance estimates that 0% of the distribution paid Nov 2, 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, LOCT against QLDY, data as of Nov 4, 2026. https://etfiq.com/compare/income/loct-vs-qldy
ETFIQ. (Nov 4, 2026). LOCT against QLDY. Retrieved from https://etfiq.com/compare/income/loct-vs-qldy
[LOCT against QLDY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/loct-vs-qldy)
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