Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

OEI vs QYLG: which paid, and which earned it?

OEI and QYLG both write options for income.

Optimized Equity Income ETF and Global X Nasdaq 100 Covered Call & Growth ETF.

8.6%OEI cash paid, 1 year
17.4%QYLG cash paid, 1 year
+14.4%OEI total return, 1 year
+22.2%QYLG total return, 1 year
OEI0.9 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%OEI+14.4%8.6% of it arrived as cash0.9 pts behind SPYTotal return, distributions reinvestedSPY+15.3%OEI+14.4%0.9 pts behind SPY
QYLGAbout even with QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QYLG+22.2%17.4% of it arrived as cashabout even with QQQTotal return, distributions reinvestedQQQ+21.8%QYLG+22.2%17.4% as cashabout even with QQQ

What they hold in common

By the books each fund has filed, OEI and QYLG hold 52% of their money in the same securities at the same weight.

Positions OEI and QYLG both hold, largest shared weight first
HoldingOEIQYLG
NVIDIA Corp8.32%8.44%
Microsoft Corp5.99%5.77%
Amazon.com Inc4.56%4.31%
Apple Inc4.28%7.73%
Alphabet Inc3.48%3.23%
Alphabet Inc2.79%3.00%
Broadcom Inc3.04%2.67%
Micron Technology Inc2.57%4.99%
Meta Platforms Inc2.18%3.11%
Advanced Micro Devices Inc1.56%3.97%
Cisco Systems Inc1.54%1.88%
Tesla Inc1.46%3.01%
Only in each
Only in OEIOnly in QYLG
Johnson & Johnson 2.10%SPACE EXPLORATION TECHN-CL A 2.85%
ExxonMobil Holdings Corp 2.07%PALO ALTO NETWORKS INC 1.29%
Eli Lilly & Co 1.80%SANDISK CORP 1.14%
JPMorgan Chase & Co 1.65%CROWDSTRIKE HOLDINGS INC - A 1.06%
Berkshire Hathaway Inc 1.60%KLA CORP 1.00%
AbbVie Inc 1.57%MARVELL TECHNOLOGY INC 0.93%
Mastercard Inc 1.57%LINDE PLC 0.92%
General Electric Co 1.41%SEAGATE TECHNOLOGY HOLDINGS 0.85%

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 Jul 31, 2026 and Sep 18, 2026.

Performance, window by window

OEI and QYLG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OEIQYLGOEIQYLGOEIQYLG
3 months+4.8%−0.1%2.3%2.1%+2.5 pts+2.4 pts
6 months+12.5%+19.6%4.9%4.6%−5.6 pts−4.7 pts
1 yearnot published+22.2%not published17.4%not published+0.5 pts
3 yearsnot published+76.2%not published51.1%not published−22.0 pts
Since launch+14.4%+122.0%8.6%75.3%−0.9 pts−52.0 pts
Open the live comparison on ETFIQ
OEI and QYLG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
OEI
Optimized Equity Income ETF
Option income on SPY, paying monthly
QYLG
Global X Nasdaq 100 Covered Call & Growth ETF
Covered call on QQQ, paying monthly
IssuerCore AlternativeGlobal X
Strategyoption incomecovered call
BenchmarkS&P 500 (SPY), used as a default proxyNasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized9.2%6.8%
Expense ratio1.02%0.35%
Cash paid, 1 year8.6% (since launch on Oct 22, 2025)17.4%
Price change, 1 year+5.2%+2.4%
Total return, 1 year+14.4% (since launch on Oct 22, 2025)+22.2%
Benchmark return, 1 year+15.3%+21.8%
Ahead or behind−0.9 pts+0.5 pts
Return of capital, latest estimatenot published96%
Age331 days2187 days
Net assets$46m$175m

OEI in plain words

Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.

QYLG in plain words

Over the year to Sep 18, 2026, QYLG paid 17.4% of its starting value in cash distributions while its price rose 2.4%. With every distribution reinvested, the fund returned +22.2%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 6.8%, paid monthly. Global X estimates that 96% of the distribution paid Aug 27, 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, OEI or QYLG?
OEI charges 1.02% a year and QYLG charges 0.35%, so QYLG 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.

OEI against QYLG, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, OEI against QYLG, data as of Sep 18, 2026. https://etfiq.com/compare/income/oei-vs-qylg Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources