Data as of Nov 12, 2026.

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MPIM vs QQQY: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
+4.5 pts
3 months to Nov 12, 2026: QQQY ahead, total return
Fee gap
0.31 pts
A year: MPIM 0.70%, QQQY 1.01%, per filings dated Dec 17, 2025 and Aug 7, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

MPIM costs 0.31 points a year less.

Points (pts) are percentage points.

MPIM vs QQQY: Dividend Yield & Total Return
MeasureMPIMQQQY
Paid and earned
Total return, 1 yearnot published+13.1%
Price changefell 12.8% (since Aug 12, 2026)fell 18.6% (1 year)
Against its benchmark
Benchmarknot publishedNasdaq-100, measured through QQQ
Cost and size
Expense ratio0.70%1.01%
Net assetsnot read by ETFIQ$177m
Holdings
Holdings in commonnot published

Method

Key numbers
3.0%
MPIM cash paid, since launch, Aug 12, 2026
30.4%
QQQY cash paid, 1 year
−10.0%
MPIM total return, since launch, Aug 12, 2026
+13.1%
QQQY total return, 1 year
MPIM · since launch to Nov 12, 2026 Not measured
MPIM
−10.0%
none

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

Total return, distributions reinvested

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

3.0% of it arrived as cash. Total return, distributions reinvested. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.
QQQY · 1 year to Nov 12, 2026 1.8 pts ahead of QQQ
QQQY
+13.1%
QQQ
+11.3%

1.8 pts ahead of QQQ

QQQY over 1 year: paid 30.4%, price −18.6%, total +13.1%, QQQ +11.3%, +1.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QQQY

+13.1%

30.4% of it arrived as cash

1.8 pts ahead of QQQ

Total return, distributions reinvested

1.8 pts ahead of QQQ

QQQY over 1 year: paid 30.4%, price −18.6%, total +13.1%, QQQ +11.3%, +1.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QQQY

+13.1%

30.4% cash

1.8 pts ahead of QQQ

30.4% of it arrived as cash. Both charts share one scale, with zero at the line. QQQY over 1 year: paid 30.4%, price −18.6%, total +13.1%, QQQ +11.3%, +1.8 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

MPIM m+ Income Momentum Autocall ETF · Autocallable QQQY Defiance Nasdaq 100 Weekly Distribution ETF · Option income on QQQ, paying weekly
Issuer m+ Defiance
Strategy autocallable option income
Benchmark not set Nasdaq-100 (QQQ)
Pays not established weekly
Payout rate, annualized 17.0% 28.8%
Expense ratio 0.70% 1.01%
Cash paid, 1 year 3.0% (since launch, Aug 12, 2026) 30.4%
Price change, 1 year −12.8% (since launch, Aug 12, 2026) −18.6%
Total return, 1 year −10.0% (since launch, Aug 12, 2026) +13.1%
Benchmark return, 1 year not published +11.3%
Ahead or behind not available +1.8 pts
Return of capital, latest estimate not published 100%
Age 92 days 3.2 years
Net assets not read by ETFIQ $177m

As of Nov 12, 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

Window by window: MPIM vs QQQY: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowMPIMQQQYMPIMQQQYMPIMQQQY
3 months−10.6%−6.1%3.0%7.1%not measured−0.2 pts
6 months–−3.5%–14.8%–+0.7 pts
1 year–+13.1%–30.4%–+1.8 pts
3 years–+49.1%–87.6%–−36.5 pts
Since launchNot the same days: MPIM Aug 2026 · QQQY Sep 2023−10.0%+48.6%3.0%88.5%not measured−37.1 pts

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About each fund
MPIM

Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.

QQQY

Over the year to Nov 12, 2026, QQQY paid 30.4% of its starting value in cash distributions while its price fell 18.6%. With every distribution reinvested, the fund returned +13.1%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was ahead by 1.8 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 28.8%, paid weekly. Defiance estimates that 100% of the distribution paid Nov 6, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, MPIM or QQQY?
MPIM charges 0.70% a year and QQQY charges 1.01%, so MPIM is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, MPIM against QQQY, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-qqqy

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MPIM and QQQY both write options for income.

Growth of 100

MPIM and QQQY

Total return, distributions reinvested, 3 months.

MPIM −10.6%QQQY −6.1%
Aug 13, 2026Nov 12, 2026

MPIM −10.6%, QQQY −6.1%: QQQY +4.5 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.