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Data as of .

NVDY vs QDTE: which paid, and which earned it?

Over the year NVDY paid 41.7% of its price in cash against QDTE’s 36.7%, though QDTE returned more with it reinvested.

YieldMax(R) NVDA Option Income Strategy ETF and Roundhill Innovation-100 0DTE Covered Call Strategy ETF, side by side, income ETFs on ETFIQ.

41.7%NVDY cash paid, 1 year
36.7%QDTE cash paid, 1 year
+19.2%NVDY total return, 1 year
+20.8%QDTE total return, 1 year

ETFIQ Return Stability Score: NVDY scores higher

Was the payout funded by returns, or by your own capital?

NVDY 69.7QDTE 44.97.4, the lowest in this set96.7, the highest

A percentile among the 61 income ETFs writing on a single company. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

NVDYAbout even with NVDA · 1 year to Sep 14, 2026
NVDA+18.9%NVDY+19.2%41.7% of it arrived as cashabout even with NVDATotal return, distributions reinvestedNVDA+18.9%NVDY+19.2%41.7% as cashabout even with NVDA
QDTE0.6 pts behind QQQ · 1 year to Sep 14, 2026
QQQ+21.5%QDTE+20.8%36.7% of it arrived as cash0.6 pts behind QQQTotal return, distributions reinvestedQQQ+21.5%QDTE+20.8%36.7% as cash0.6 pts behind QQQ

What they hold in common

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

Largest positions each one holds and the other does not
Only in NVDYOnly in QDTE
TREASURY BILL 30.77%NDX 03/19/2027 2510.15 C 25.69%
TREASURY BILL 23.23%4NDX US 12/18/26 C2450.1 FLX 24.89%
TREASURY BILL 15.54%NDX 06/11/2027 3059.42 C 22.47%
TREASURY BILL 15.32%4NDX US 09/18/26 C2250 FLX 18.03%
TREASURY BILL 15.13%Roundhill Weekly T-Bill ETF 5.02%
First American Government Obligations Fu 3.89%

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 Apr 30, 2026 and Sep 14, 2026.

Performance, window by window

NVDY and QDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
NVDYQDTENVDYQDTENVDYQDTE
3 months+1.1%−2.7%10.1%7.6%+1.6 pts+1.9 pts
6 months+10.8%+14.6%22.4%15.7%−4.6 pts−3.8 pts
1 year+19.2%+20.8%41.7%36.7%+0.3 pts−0.6 pts
3 years+243.1%not published170.2%not published−138.9 ptsnot published
Since launch+341.5%+57.1%205.8%73.8%−299.1 pts−4.3 pts
Open the live comparison on ETFIQ
NVDY and QDTE on the same fields, as of Sep 14, 2026. Source: ETFIQ.
NVDY
YieldMax(R) NVDA Option Income Strategy ETF
Synthetic covered call on NVDA, paying weekly
QDTE
Roundhill Innovation-100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
IssuerYieldMaxRoundhill
Strategysynthetic covered call0DTE covered call
BenchmarkNVIDIA (NVDA)Nasdaq-100 (QQQ)
Paysweeklyweekly
Payout rate, annualized43.7%24.5%
Expense ratio1.09%0.96%
Cash paid, 1 year41.7%36.7%
Price change, 1 year−26.1%−19.5%
Total return, 1 year+19.2%+20.8%
Benchmark return, 1 year+18.9%+21.5%
Ahead or behind+0.3 pts−0.6 pts
Return of capital, latest estimate69%not published
Age1222 days921 days

NVDY in plain words

Over the year to Sep 14, 2026, NVDY paid 41.7% of its starting value in cash distributions while its price fell 26.1%. With every distribution reinvested, the fund returned +19.2%. NVIDIA (NVDA) returned +18.9% over the same days, so a holder was about even. At its price on Sep 14, 2026 the latest distribution annualizes to 43.7%, paid weekly. YieldMax estimates that 69% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

QDTE in plain words

Over the year to Sep 14, 2026, QDTE paid 36.7% of its starting value in cash distributions while its price fell 19.5%. With every distribution reinvested, the fund returned +20.8%. Nasdaq-100 (QQQ) returned +21.5% over the same days, so a holder was behind by 0.6 pts. At its price on Sep 14, 2026 the latest distribution annualizes to 24.5%, paid weekly.

Questions people ask

Which paid more, NVDY or QDTE?
Over the year to Sep 14, 2026, NVDY paid 41.7% of its starting price in cash and QDTE paid 36.7%, so NVDY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, NVDY or QDTE?
With every distribution reinvested, NVDY returned +19.2% and QDTE returned +20.8% over the year to Sep 14, 2026, so QDTE returned more.
Which is cheaper, NVDY or QDTE?
NVDY charges 1.09% a year and QDTE charges 0.96%, so QDTE 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.

NVDY against QDTE, ETFIQ, data as of Sep 14, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, NVDY against QDTE, data as of Sep 14, 2026. https://etfiq.com/compare/income/nvdy-vs-qdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources