Data as of Oct 30, 2026.

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Income ETFs

PBP vs QQDH: Dividend Yield & Total Return

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PBP and QQDH both write options for income.

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Net assets: $389m on Oct 30, 2026 for Invesco S&P 500 BuyWrite ETF, beside Tuttle Capital Innovation 100 Income AND Hedge ETF.

At a glance
11.7%
PBP cash paid, 1 year
0.3%
QQDH cash paid, since launch, Oct 23, 2026
+14.6%
PBP total return, 1 year
−2.6%
QQDH total return, since launch, Oct 23, 2026
PBP · 1 year to Oct 30, 2026 2.2 pts ahead of SPY
PBP
+14.6%
SPY
+12.4%

2.2 pts ahead of SPY

PBP over 1 year: paid 11.7%, price +2.1%, total +14.6%, SPY +12.4%, +2.2 pts. Data to Oct 30, 2026.

SPY

+12.4%

PBP

+14.6%

11.7% of it arrived as cash

2.2 pts ahead of SPY

Total return, distributions reinvested

2.2 pts ahead of SPY

PBP over 1 year: paid 11.7%, price +2.1%, total +14.6%, SPY +12.4%, +2.2 pts. Data to Oct 30, 2026.

SPY

+12.4%

PBP

+14.6%

11.7% as cash

2.2 pts ahead of SPY

11.7% of it arrived as cash. Total return, distributions reinvested. PBP over 1 year: paid 11.7%, price +2.1%, total +14.6%, SPY +12.4%, +2.2 pts. Data to Oct 30, 2026.

Data to Oct 30, 2026.
QQDH · since launch to Oct 30, 2026 Not measured
QQDH
−2.6%
none

Not measured

QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

QQDH

−2.6%

Total return, distributions reinvested

Not measured

QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

QQDH

−2.6%

0.3% of it arrived as cash. Both charts share one scale, with zero at the line. QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

Data to Oct 30, 2026.

Pair scorecard

PBP costs 0.66 points a year less.

Points (pts) are percentage points.

PBP vs QQDH: Dividend Yield & Total Return
MeasurePBPQQDH
Paid and earned
Total return, 1 year+14.6%not published
Price changerose 2.1% (1 year)fell 2.9% (since Oct 23, 2026)
Against its benchmark
BenchmarkS&P 500, measured through SPYnot published
Cost and size
Expense ratio0.29%0.95%
Net assets$389mnot read by ETFIQ
Holdings
Holdings in commonnot published

Method

Side by side

PBP Invesco S&P 500 BuyWrite ETF · Covered call on SPY, paying monthly QQDH Tuttle Capital Innovation 100 Income AND Hedge ETF · 0DTE covered call
Strategy covered call 0DTE covered call
Benchmark S&P 500 (SPY) none
Pays monthly not established
Payout rate, annualized 8.6% 3.9%
Expense ratio 0.29% 0.95%
Cash paid, 1 year 11.7% 0.3% (since launch, Oct 23, 2026)
Price change, 1 year +2.1% −2.9% (since launch, Oct 23, 2026)
Total return, 1 year +14.6% −2.6% (since launch, Oct 23, 2026)
Benchmark return, 1 year +12.4% not published
Ahead or behind +2.2 pts not available
Return of capital, latest estimate 95% not published
Age 18.9 years 7 days
Net assets $389m not read by ETFIQ

As of Oct 30, 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

Window by window: PBP vs QQDH: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowPBPQQDHPBPQQDHPBPQQDH
3 months+2.2%–2.5%–+0.8 pts–
6 months+7.3%–5.3%–+1.9 pts–
1 year+14.6%–11.7%–+2.3 pts–
3 years+50.7%–34.0%–−36.7 pts–
Since launchNot the same days: PBP Dec 2007 · QQDH Oct 2026+168.9%−2.6%92.4%0.3%−460.0 ptsnot measured

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About each fund
PBP

Over the year to Oct 30, 2026, PBP paid 11.7% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +14.6%. S&P 500 (SPY) returned +12.4% over the same days, so a holder was ahead by 2.2 pts. At its price on Oct 30, 2026 the latest distribution annualizes to 8.6%, paid monthly. Invesco estimates that 95% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

QQDH

Over the period from its first trade on Oct 23, 2026 to Oct 30, 2026, QQDH paid 0.3% of its starting value in cash distributions while its price fell 2.9%. With every distribution reinvested, the fund returned −2.6%. At its price on Oct 30, 2026 the latest distribution annualizes to 3.9%, paid periodically.

Questions people ask

Which is cheaper, PBP or QQDH?
PBP charges 0.29% a year and QQDH charges 0.95%, so PBP is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, PBP against QQDH, data as of Oct 30, 2026. https://etfiq.com/compare/income/pbp-vs-qqdh

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