Data as of Nov 12, 2026.

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MPIM vs QUSA: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
+0.9 pts
3 months to Nov 12, 2026: QUSA ahead, total return
Fee gap
0.27 pts
A year: MPIM 0.70%, QUSA 0.97%, per filings dated Jun 25, 2026 and Aug 7, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

MPIM costs 0.27 points a year less.

Points (pts) are percentage points.

MPIM vs QUSA: Dividend Yield & Total Return
MeasureMPIMQUSA
Paid and earned
Total return, 1 yearnot published+1.5%
Price changefell 12.8% (since Aug 12, 2026)fell 12.6% (1 year)
Return of capital, issuer estimate100% of the Oct 27, 2026 payment
Against its benchmark
Benchmarknot publishedS&P 500, measured through SPY
Cost and size
Expense ratio0.70%0.97%
Net assetsnot read by ETFIQ$20m
Holdings
Holdings in commonnot published

Method

Key numbers
3.0%
MPIM cash paid, since launch, Aug 12, 2026
14.6%
QUSA cash paid, 1 year
−10.0%
MPIM total return, since launch, Aug 12, 2026
+1.5%
QUSA 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.
QUSA · 1 year to Nov 12, 2026 10.5 pts behind SPY
QUSA
+1.5%
SPY
+12.0%

10.5 pts behind SPY

QUSA over 1 year: paid 14.6%, price −12.6%, total +1.5%, SPY +12.0%, −10.5 pts. Data to Nov 12, 2026.

SPY

+12.0%

QUSA

+1.5%

10.5 pts behind SPY

Total return, distributions reinvested

10.5 pts behind SPY

QUSA over 1 year: paid 14.6%, price −12.6%, total +1.5%, SPY +12.0%, −10.5 pts. Data to Nov 12, 2026.

SPY

+12.0%

QUSA

+1.5%

10.5 pts behind SPY

14.6% of it arrived as cash. Both charts share one scale, with zero at the line. QUSA over 1 year: paid 14.6%, price −12.6%, total +1.5%, SPY +12.0%, −10.5 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

MPIM m+ Income Momentum Autocall ETF · Autocallable QUSA VistaShares Target 15 USA Quality Income ETF · Covered call on SPY, paying monthly
Strategy autocallable covered call
Benchmark not set S&P 500 (SPY)
Pays not established monthly
Payout rate, annualized 17.0% 15.5%
Expense ratio 0.70% 0.97%
Cash paid, 1 year 3.0% (since launch, Aug 12, 2026) 14.6%
Price change, 1 year −12.8% (since launch, Aug 12, 2026) −12.6%
Total return, 1 year −10.0% (since launch, Aug 12, 2026) +1.5%
Benchmark return, 1 year not published +12.0%
Ahead or behind not available −10.5 pts
Return of capital, latest estimate not published 100%
Age 92 days 1.5 years
Net assets not read by ETFIQ $20m

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 QUSA: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowMPIMQUSAMPIMQUSAMPIMQUSA
3 months−10.6%−9.7%3.0%3.5%not measured−7.2 pts
6 months–−7.4%–7.2%–−9.1 pts
1 year–+1.5%–14.6%–−10.4 pts
Since launchNot the same days: MPIM Aug 2026 · QUSA May 2025−10.0%−1.9%3.0%17.3%not measured−39.6 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.

QUSA

Over the year to Nov 12, 2026, QUSA paid 14.6% of its starting value in cash distributions while its price fell 12.6%. With every distribution reinvested, the fund returned +1.5%. S&P 500 (SPY) returned +12.0% over the same days, so a holder was behind by 10.5 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 15.5%, paid monthly. VistaShares estimates that 100% of the distribution paid Oct 27, 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 QUSA?
MPIM charges 0.70% a year and QUSA charges 0.97%, so MPIM is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, MPIM against QUSA, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-qusa

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MPIM and QUSA both write options for income.

Growth of 100

MPIM and QUSA

Total return, distributions reinvested, 3 months.

MPIM −10.6%QUSA −9.7%
Aug 13, 2026Nov 12, 2026

MPIM −10.6%, QUSA −9.7%: QUSA +0.9 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.