Data as of .
PAPI vs QYLG: which paid, and which earned it?
Over the year QYLG paid 17.4% of its price in cash against PAPI’s 7.9%, and returned more with it reinvested.
ETFIQ Return Stability Score: QYLG scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. 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
What they hold in common
By the books each fund has filed, PAPI and QYLG hold 6% of their money in the same securities at the same weight.
| Holding | PAPI | QYLG |
|---|---|---|
| Cisco Systems, Inc. | 0.77% | 1.88% |
| Texas Instruments, Inc. | 0.71% | 1.06% |
| Analog Devices, Inc. | 0.63% | 0.79% |
| QUALCOMM, Inc. | 0.58% | 0.81% |
| Linde plc | 0.54% | 0.92% |
| Costco Wholesale Corp. | 0.49% | 1.73% |
| Gilead Sciences, Inc. | 0.49% | 0.81% |
| PepsiCo, Inc. | 0.46% | 0.77% |
| Microsoft Corp. | 0.39% | 5.77% |
| Intuit, Inc. | 0.35% | 0.36% |
| Fastenal Co. | 0.56% | 0.24% |
| Keurig Dr Pepper, Inc. | 0.58% | 0.18% |
| Only in PAPI | Only in QYLG |
|---|---|
| Corning, Inc. 1.01% | NVIDIA CORP 8.44% |
| TD SYNNEX Corp. 0.81% | APPLE INC 7.73% |
| Power Integrations, Inc. 0.73% | MICRON TECHNOLOGY INC 4.99% |
| Royalty Pharma plc 0.73% | AMAZON.COM INC 4.31% |
| Millicom International Cellular SA 0.72% | ADVANCED MICRO DEVICES 3.97% |
| Avnet, Inc. 0.71% | ALPHABET INC-CL A 3.23% |
| Cummins, Inc. 0.70% | META PLATFORMS INC 3.11% |
| Reynolds Consumer Products, Inc. 0.68% | TESLA INC 3.01% |
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 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| PAPI | QYLG | PAPI | QYLG | PAPI | QYLG | |
| 3 months | +4.7% | −0.1% | 2.0% | 2.1% | +2.5 pts | +2.4 pts |
| 6 months | +5.6% | +19.6% | 4.0% | 4.6% | −12.4 pts | −4.7 pts |
| 1 year | +12.8% | +22.2% | 7.9% | 17.4% | −3.8 pts | +0.5 pts |
| 3 years | not published | +76.2% | not published | 51.1% | not published | −22.0 pts |
| Since launch | +35.6% | +122.0% | 22.5% | 75.3% | −49.6 pts | −52.0 pts |
| PAPI Parametric Equity Premium Income ETF Covered call on SPY, paying monthly | QYLG Global X Nasdaq 100 Covered Call & Growth ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | Parametric | Global X |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.2% | 6.8% |
| Expense ratio | 0.29% | 0.35% |
| Cash paid, 1 year | 7.9% | 17.4% |
| Price change, 1 year | +4.5% | +2.4% |
| Total return, 1 year | +12.8% | +22.2% |
| Benchmark return, 1 year | +16.6% | +21.8% |
| Ahead or behind | −3.8 pts | +0.5 pts |
| Return of capital, latest estimate | not published | 96% |
| Age | 1065 days | 2187 days |
| Net assets | $400m | $175m |
PAPI in plain words
Over the year to Sep 18, 2026, PAPI paid 7.9% of its starting value in cash distributions while its price rose 4.5%. With every distribution reinvested, the fund returned +12.8%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 3.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.2%, 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 paid more, PAPI or QYLG?
- Over the year to Sep 18, 2026, PAPI paid 7.9% of its starting price in cash and QYLG paid 17.4%, so QYLG paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, PAPI or QYLG?
- With every distribution reinvested, PAPI returned +12.8% and QYLG returned +22.2% over the year to Sep 18, 2026, so QYLG returned more.
- Which is cheaper, PAPI or QYLG?
- PAPI charges 0.29% a year and QYLG charges 0.35%, so PAPI 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, PAPI against QYLG, data as of Sep 18, 2026. https://etfiq.com/compare/income/papi-vs-qylg Free to use with attribution; the underlying files are at Open data.