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Data as of .

PBP vs QUSA: which paid, and which earned it?

Over the year QUSA paid 13.8% of its price in cash against PBP’s 11.8%, though PBP returned more with it reinvested.

Invesco S&P 500 BuyWrite ETF and VistaShares Target 15 USA Quality Income ETF.

11.8%PBP cash paid, 1 year
13.8%QUSA cash paid, 1 year
+18.5%PBP total return, 1 year
+3.5%QUSA total return, 1 year

ETFIQ Return Stability Score: PBP scores higher

Was the payout funded by returns, or by your own capital?

PBP 80.6QUSA 21.43.8, the lowest in this set96.8, the highest

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

PBP1.9 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%PBP+18.5%11.8% of it arrived as cash1.9 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%PBP+18.5%11.8% cash1.9 pts ahead of SPY
QUSA11.7 pts behind QUAL · 1 year to Sep 18, 2026
QUAL+15.2%QUSA+3.5%13.8% as cash11.7 pts behind QUALTotal return, distributions reinvestedQUAL+15.2%QUSA+3.5%11.7 pts behind QUAL

What they hold in common

By the books each fund has filed, PBP and QUSA hold 39% of their money in the same securities at the same weight.

Positions PBP and QUSA both hold, largest shared weight first
HoldingPBPQUSA
Apple Inc7.50%5.99%
NVIDIA Corp8.18%5.78%
Microsoft Corp5.57%6.08%
Broadcom Inc2.57%4.70%
Alphabet Inc3.11%2.22%
Meta Platforms Inc2.22%4.28%
Alphabet Inc2.47%1.84%
Berkshire Hathaway Inc1.42%5.35%
Eli Lilly & Co1.38%4.24%
Johnson & Johnson0.99%2.93%
Visa Inc0.93%3.37%
Walmart Inc0.71%4.17%
Only in each
Only in PBPOnly in QUSA
Amazon.com Inc 3.77%LRCX US 10/02/26 C295 0.10%
Micron Technology Inc 1.74%AMAT US 10/02/26 C452.5 0.07%
Tesla Inc 1.56%BRKB US 09/25/26 P512.5 0.05%
JPMorgan Chase & Co 1.42%AAPL US 09/25/26 C342.5 0.03%
Advanced Micro Devices Inc 1.39%AVGO US 09/25/26 C370 0.03%
ExxonMobil Holdings Corp 1.03%KLAC US 09/25/26 C182.5 0.03%
Intel Corp 0.81%CAT US 09/25/26 C840 0.02%
AbbVie Inc 0.71%COST US 09/25/26 C935 0.02%

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 Sep 19, 2026 and Sep 21, 2026.

Performance, window by window

PBP and QUSA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PBPQUSAPBPQUSAPBPQUSA
3 months+5.0%−1.9%2.8%3.6%+2.7 pts−3.6 pts
6 months+13.0%+10.4%5.7%7.8%−5.0 pts−4.3 pts
1 year+18.5%+3.5%11.8%13.8%+1.9 pts−11.7 pts
3 years+46.1%not published31.8%not published−32.3 ptsnot published
Since launch+199.0%+4.9%101.2%15.1%−604.5 pts−25.8 pts
Open the live comparison on ETFIQ
PBP and QUSA on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PBP
Invesco S&P 500 BuyWrite ETF
Covered call on SPY, paying monthly
QUSA
VistaShares Target 15 USA Quality Income ETF
Covered call on QUAL, paying monthly
IssuerInvescoVistaShares
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)USA Quality (QUAL), used as the quality proxy
Paysmonthlymonthly
Payout rate, annualized11.3%15.3%
Expense ratio0.29%0.97%
Cash paid, 1 year11.8%13.8%
Price change, 1 year+5.5%−11.0%
Total return, 1 year+18.5%+3.5%
Benchmark return, 1 year+16.6%+15.2%
Ahead or behind+1.9 pts−11.7 pts
Return of capital, latest estimatenot publishednot published
Age6101 days500 days
Net assets$386m$22m

PBP in plain words

Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.

QUSA in plain words

Over the year to Sep 18, 2026, QUSA paid 13.8% of its starting value in cash distributions while its price fell 11.0%. With every distribution reinvested, the fund returned +3.5%. USA Quality (QUAL), used as the quality proxy returned +15.2% over the same days, so a holder was behind by 11.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.

Questions people ask

Which paid more, PBP or QUSA?
Over the year to Sep 18, 2026, PBP paid 11.8% of its starting price in cash and QUSA paid 13.8%, so QUSA paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, PBP or QUSA?
With every distribution reinvested, PBP returned +18.5% and QUSA returned +3.5% over the year to Sep 18, 2026, so PBP returned more.
Which is cheaper, PBP or QUSA?
PBP charges 0.29% a year and QUSA charges 0.97%, so PBP 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.

PBP against QUSA, 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, PBP against QUSA, data as of Sep 18, 2026. https://etfiq.com/compare/income/pbp-vs-qusa Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources