Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

Over the year QYLG paid 17.4% of its price in cash against PBP’s 11.8%, and returned more with it reinvested.

Invesco S&P 500 BuyWrite ETF and Global X Nasdaq 100 Covered Call & Growth ETF.

11.8%PBP cash paid, 1 year
17.4%QYLG cash paid, 1 year
+18.5%PBP total return, 1 year
+22.2%QYLG total return, 1 year

ETFIQ Return Stability Score: PBP scores higher

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

PBP 80.6QYLG 71.13.8, 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%1.9 pts ahead of 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, PBP and QYLG hold 55% of their money in the same securities at the same weight.

Positions PBP and QYLG both hold, largest shared weight first
HoldingPBPQYLG
NVIDIA Corp8.18%8.44%
Apple Inc7.50%7.73%
Microsoft Corp5.57%5.77%
Amazon.com Inc3.77%4.31%
Alphabet Inc3.11%3.23%
Broadcom Inc2.57%2.67%
Alphabet Inc2.47%3.00%
Meta Platforms Inc2.22%3.11%
Micron Technology Inc1.74%4.99%
Tesla Inc1.56%3.01%
Advanced Micro Devices Inc1.39%3.97%
Intel Corp0.81%2.48%
Only in each
Only in PBPOnly in QYLG
JPMorgan Chase & Co 1.42%SPACE EXPLORATION TECHN-CL A 2.85%
Berkshire Hathaway Inc 1.42%ASML HOLDING NV-NY REG SHS 0.68%
Eli Lilly & Co 1.38%SHOPIFY INC - CLASS A 0.67%
ExxonMobil Holdings Corp 1.03%CASH 0.53%
Johnson & Johnson 0.99%ARM HOLDINGS PLC-ADR 0.52%
Visa Inc 0.93%MERCADOLIBRE INC 0.39%
AbbVie Inc 0.71%STRATEGY INC- CL A 0.24%
Mastercard Inc 0.69%ASTERA LABS INC 0.23%

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 18, 2026 and Sep 19, 2026.

Performance, window by window

PBP and QYLG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PBPQYLGPBPQYLGPBPQYLG
3 months+5.0%−0.1%2.8%2.1%+2.7 pts+2.4 pts
6 months+13.0%+19.6%5.7%4.6%−5.0 pts−4.7 pts
1 year+18.5%+22.2%11.8%17.4%+1.9 pts+0.5 pts
3 years+46.1%+76.2%31.8%51.1%−32.3 pts−22.0 pts
Since launch+199.0%+122.0%101.2%75.3%−604.5 pts−52.0 pts
Open the live comparison on ETFIQ
PBP and QYLG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PBP
Invesco S&P 500 BuyWrite ETF
Covered call on SPY, paying monthly
QYLG
Global X Nasdaq 100 Covered Call & Growth ETF
Covered call on QQQ, paying monthly
IssuerInvescoGlobal X
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized11.3%6.8%
Expense ratio0.29%0.35%
Cash paid, 1 year11.8%17.4%
Price change, 1 year+5.5%+2.4%
Total return, 1 year+18.5%+22.2%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind+1.9 pts+0.5 pts
Return of capital, latest estimatenot published96%
Age6101 days2187 days
Net assets$386m$175m

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.

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, PBP or QYLG?
Over the year to Sep 18, 2026, PBP paid 11.8% 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, PBP or QYLG?
With every distribution reinvested, PBP returned +18.5% and QYLG returned +22.2% over the year to Sep 18, 2026, so QYLG returned more.
Which is cheaper, PBP or QYLG?
PBP charges 0.29% a year and QYLG charges 0.35%, 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 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, PBP against QYLG, data as of Sep 18, 2026. https://etfiq.com/compare/income/pbp-vs-qylg Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources