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Data as of .

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

PBP and QVOL both write options for income.

Invesco S&P 500 BuyWrite ETF and Infrastructure Capital Nasdaq Option Income ETF.

11.8%PBP cash paid, 1 year
4.2%QVOL cash paid, 1 year
+18.5%PBP total return, 1 year
+4.3%QVOL total return, 1 year
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
QVOL2.1 pts ahead of QQQ · since launch to Sep 18, 2026
QQQ+2.1%QVOL+4.3%4.2% as cash2.1 pts ahead of QQQTotal return, distributions reinvestedQQQ+2.1%QVOL+4.3%2.1 pts ahead of QQQ

What they hold in common

By the books each fund has filed, PBP and QVOL hold 42% of their money in the same securities at the same weight.

Positions PBP and QVOL both hold, largest shared weight first
HoldingPBPQVOL
NVIDIA Corp8.18%8.53%
Microsoft Corp5.57%5.05%
Amazon.com Inc3.77%7.61%
Alphabet Inc3.11%4.70%
Broadcom Inc2.57%3.42%
Alphabet Inc2.47%4.69%
Apple Inc7.50%2.33%
Meta Platforms Inc2.22%3.14%
Micron Technology Inc1.74%4.53%
Advanced Micro Devices Inc1.39%6.17%
Intel Corp0.81%3.01%
Cisco Systems Inc0.66%1.36%
Only in each
Only in PBPOnly in QVOL
Tesla Inc 1.56%ASML Holding NV 2.25%
JPMorgan Chase & Co 1.42%PDD Holdings Inc 0.94%
Berkshire Hathaway Inc 1.42%GLOBALFOUNDRIES Inc 0.59%
Eli Lilly & Co 1.38%MercadoLibre Inc 0.52%
ExxonMobil Holdings Corp 1.03%Atlassian Corp 0.33%
Johnson & Johnson 0.99%ARM Holdings PLC 0.25%
Visa Inc 0.93%Alnylam Pharmaceuticals Inc 0.18%
Walmart Inc 0.71%

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 May 31, 2026 and Sep 19, 2026.

Performance, window by window

PBP and QVOL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PBPQVOLPBPQVOLPBPQVOL
3 months+5.0%−3.7%2.8%3.0%+2.7 pts−1.2 pts
6 months+13.0%not published5.7%not published−5.0 ptsnot published
1 year+18.5%not published11.8%not published+1.9 ptsnot published
3 years+46.1%not published31.8%not published−32.3 ptsnot published
Since launch+199.0%+4.3%101.2%4.2%−604.5 pts+2.1 pts
Open the live comparison on ETFIQ
PBP and QVOL on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PBP
Invesco S&P 500 BuyWrite ETF
Covered call on SPY, paying monthly
QVOL
Infrastructure Capital Nasdaq Option Income ETF
Option income on QQQ, paying monthly
IssuerInvescoInfrastructure Capital
Strategycovered calloption income
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized11.3%12.6%
Expense ratio0.29%0.82%
Cash paid, 1 year11.8%4.2% (since launch on May 12, 2026)
Price change, 1 year+5.5%0.0%
Total return, 1 year+18.5%+4.3% (since launch on May 12, 2026)
Benchmark return, 1 year+16.6%+2.1%
Ahead or behind+1.9 pts+2.1 pts
Return of capital, latest estimatenot publishednot published
Age6101 days129 days
Net assets$386m$8m

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.

QVOL in plain words

Over the period since launch on May 12, 2026 to Sep 18, 2026, QVOL paid 4.2% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +4.3%. Nasdaq-100 (QQQ) returned +2.1% over the same days, so a holder was ahead by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.6%, paid monthly.

Questions people ask

Which is cheaper, PBP or QVOL?
PBP charges 0.29% a year and QVOL charges 0.82%, 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 QVOL, 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 QVOL, data as of Sep 18, 2026. https://etfiq.com/compare/income/pbp-vs-qvol Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources