Data as of Nov 4, 2026.
ODTE vs QLDY: Dividend Yield & Total Return
ODTE and QLDY both write options for income.
askIQ about this page
askIQ about ODTE and QLDY
Net assets on Nov 3, 2026: $2.1m for VegaShares SPX NDX RTY Premium Income ETF and $53m for Defiance Nasdaq 100 LightningSpread Income ETF.
Not measured
ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. Data to Nov 4, 2026.
ODTE
+4.5%
8.3% of it arrived as cash
Total return, distributions reinvested
Not measured
ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. Data to Nov 4, 2026.
ODTE
+4.5%
8.3% of it arrived as cash. Total return, distributions reinvested. ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. 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% as 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
ODTE costs 0.36 points a year less; QLDY is far larger, $53m against $2.1m.
Points (pts) are percentage points.
| Measure | ODTE | QLDY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +9.1% |
| Price change | fell 7.1% (3 months) | fell 27.2% (1 year) |
| Against its benchmark | ||
| Benchmark | its own holdings | Nasdaq-100, measured through QQQ |
| Against its benchmark, same days | behind by 0.9 pts | behind by 3.2 pts |
| Cost and size | ||
| Expense ratio | 0.68% | 1.04% |
| Net assets, as of Nov 3, 2026 | $2.1m | $53m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, ODTE and QLDY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 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 | ODTE | QLDY | ODTE | QLDY | ODTE | QLDY |
| 3 months | −3.8% | −4.5% | 3.5% | 9.5% | −0.9 pts | −1.1 pts |
| 6 months | −5.4% | −3.1% | 6.7% | 18.5% | not measured | −2.8 pts |
| 1 year | – | +9.1% | – | 35.3% | – | −3.2 pts |
| Since launchNot the same days: ODTE Apr 2026 · QLDY Sep 2025 | +4.5% | +13.2% | 8.3% | 39.1% | not measured | −3.7 pts |
– means no data for this window. Open this comparison in the app →
ODTE's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned −2.9% over the same days, so a holder was behind by 0.9 pts.
Over the 3 months to Nov 4, 2026, ODTE paid 3.5% of its starting value in cash distributions while its price fell 7.1%. With every distribution reinvested, the fund returned −3.8%. At its price on Nov 4, 2026 the latest distribution annualizes to 14.0%, paid weekly. VegaShares estimates that 100% of the distribution paid Oct 30, 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
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, ODTE against QLDY, data as of Nov 4, 2026. https://etfiq.com/compare/income/odte-vs-qldy
ETFIQ. (Nov 4, 2026). ODTE against QLDY. Retrieved from https://etfiq.com/compare/income/odte-vs-qldy
[ODTE against QLDY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/odte-vs-qldy)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.