Data as of .
ODTE vs QQQY: which paid, and which earned it?
ODTE and QQQY both write options for income.
What they hold in common
By the books each fund has filed, ODTE and QQQY hold 0% of their money in the same securities at the same weight.
| Only in ODTE | Only in QQQY |
|---|---|
| Invesco Nasdaq 100 ETF 33.70% | Ndx 12/18/2026 1000.34 C 98.70% |
| Vanguard S&P 500 ETF 33.27% | Cash & Other 0.95% |
| Vanguard Russell 2000 ETF 33.03% | First American Government Obligations Fund 12/01/2031 0.49% |
| Ndx 09/21/2026 29730.14 C 0.20% | |
| Ndx 09/21/2026 29644.17 C -0.34% |
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 Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| ODTE | QQQY | ODTE | QQQY | ODTE | QQQY | |
| 3 months | −4.8% | −0.5% | 3.4% | 8.0% | −7.0 pts | +2.0 pts |
| 6 months | not published | +24.3% | not published | 17.4% | not published | +0.1 pts |
| 1 year | not published | +21.1% | not published | 30.5% | not published | −0.6 pts |
| 3 years | not published | +59.1% | not published | 88.1% | not published | −39.0 pts |
| Since launch | +6.2% | +56.9% | 6.7% | 86.8% | −10.5 pts | −37.7 pts |
| ODTE VegaShares SPX NDX RTY Premium Income ETF Covered call on SPY, paying weekly | QQQY Defiance Nasdaq 100 Weekly Distribution ETF Option income on QQQ, paying weekly | |
|---|---|---|
| Issuer | VegaShares | Defiance |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | weekly | weekly |
| Payout rate, annualized | 14.1% | 29.5% |
| Expense ratio | 0.68% | 1.01% |
| Cash paid, 1 year | 6.7% (since launch on Apr 2, 2026) | 30.5% |
| Price change, 1 year | −0.3% | −13.2% |
| Total return, 1 year | +6.2% (since launch on Apr 2, 2026) | +21.1% |
| Benchmark return, 1 year | +16.7% | +21.8% |
| Ahead or behind | −10.5 pts | −0.6 pts |
| Return of capital, latest estimate | not published | 69% |
| Age | 169 days | 1100 days |
| Net assets | $3m | $188m |
ODTE in plain words
Over the period since launch on Apr 2, 2026 to Sep 18, 2026, ODTE paid 6.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +6.2%. S&P 500 (SPY), used as a default proxy returned +16.7% over the same days, so a holder was behind by 10.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.1%, paid weekly.
QQQY in plain words
Over the year to Sep 18, 2026, QQQY paid 30.5% of its starting value in cash distributions while its price fell 13.2%. With every distribution reinvested, the fund returned +21.1%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.5%, paid weekly. Defiance estimates that 69% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, ODTE or QQQY?
- ODTE charges 0.68% a year and QQQY charges 1.01%, so ODTE 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.
Cite this page. ETFIQ, ODTE against QQQY, data as of Sep 18, 2026. https://etfiq.com/compare/income/odte-vs-qqqy Free to use with attribution; the underlying files are at Open data.