Data as of Nov 4, 2026.
QDTE vs QQQI: Dividend Yield & Total Return
Over the year to Nov 4, 2026, QDTE paid 34.7% of its price in cash against QQQI’s 13.9%, and returned more with it reinvested.
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Net assets: $881m on Nov 4, 2026 for Roundhill Nasdaq-100 0DTE Covered Call Strategy ETF, and $15.5bn on Oct 28, 2026 for NEOS Nasdaq-100 High Income ETF.
1.4 pts ahead of QQQ
QDTE over 1 year: paid 34.7%, price −23.4%, total +13.7%, QQQ +12.3%, +1.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QDTE
+13.7%
34.7% of it arrived as cash
1.4 pts ahead of QQQ
Total return, distributions reinvested
1.4 pts ahead of QQQ
QDTE over 1 year: paid 34.7%, price −23.4%, total +13.7%, QQQ +12.3%, +1.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QDTE
+13.7%
34.7% as cash
1.4 pts ahead of QQQ
34.7% of it arrived as cash. Total return, distributions reinvested. QDTE over 1 year: paid 34.7%, price −23.4%, total +13.7%, QQQ +12.3%, +1.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.3.4 pts behind QQQ
QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QQQI
+8.9%
13.9% of it arrived as cash
3.4 pts behind QQQ
Total return, distributions reinvested
3.4 pts behind QQQ
QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QQQI
+8.9%
13.9% cash
3.4 pts behind QQQ
13.9% of it arrived as cash. Both charts share one scale, with zero at the line. QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
QQQI costs 0.28 points a year less; their one-year returns differ by 4.8 points; QQQI is 16.9 times larger.
Points (pts) are percentage points.
| Measure | QDTE | QQQI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +13.7% | +8.9% |
| Price change, 1 year | fell 23.4% | fell 5.4% |
| Return of capital, issuer estimate | 100% of the Oct 30, 2026 payment | 100% of the Oct 23, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.96% | 0.68% |
| Net assets, as of Oct 28, 2026 | $919m | $15.5bn |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Risk and return
Mar 15, 2024 to Oct 30, 2026 · 137 weekly returns · each against QQQFrom Mar 2024 to Oct 2026, QDTE returned more: +58.0% to +49.8%. QQQI swung slightly less: 16.2% to 17.8%. QQQI fell less at its worst: −18.4% to −20.5%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | QDTE | QQQI | QQQ | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +58.0% | +49.8% | QDTE | Price change plus distributions, reinvested. | |
| Annualized | +19.0% | +16.6% | QDTE | Total return as a yearly rate. | |
| Price return | −40.2% | +2.5% | QQQI | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 17.8% | 16.2% | QQQI (slight) | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 12.2% | 11.0% | QQQI | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −20.5% | −18.4% | QQQI | Deepest fall from a high to the low after it. | |
| Upside capture | 81.9% | 69.4% | 100.0% | QDTE | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 91.4% | 85.9% | 100.0% | QQQI (slight) | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.85 | 0.80 | 1.00 | QQQI lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.93 | 0.98 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 0.83 | 0.76 | QDTE (slight) | Return above Treasury bills per unit of volatility. | |
| Sortino | 1.20 | 1.13 | QDTE (slight) | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.172 | 0.155 | 0.159 | QDTE (slight) | Return above Treasury bills per unit of beta. |
| Calmar | 0.92 | 0.90 | QDTE (slight) | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | QQQ | QQQ | QQQ | The ETF each fund is measured against. | |
| Alpha | +1.1% a year | −0.3% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.37 | −0.19 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −4.8% to +7.1% | −3.4% to +2.8% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.22 | −0.74 | QDTE | Return against its benchmark per unit of tracking error. | |
| Tracking error | 5.7% | 4.8% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 137 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, QDTE and QQQI hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | QDTE | QQQI | QDTE | QQQI | QDTE | QQQI |
| 3 months | −1.6% | −2.2% | 6.3% | 3.5% | +1.8 pts | +1.3 pts |
| 6 months | +1.6% | −0.2% | 14.3% | 6.9% | +2.0 pts | +0.1 pts |
| 1 year | +13.7% | +8.9% | 34.7% | 13.9% | +1.5 pts | −3.4 pts |
| Since launchNot the same days: QDTE Mar 2024 · QQQI Jan 2024 | +55.2% | +53.8% | 75.6% | 41.2% | −2.3 pts | −11.2 pts |
Client brief:
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QDTE
Over the year to Nov 4, 2026, QDTE paid 34.7% of its starting value in cash distributions while its price fell 23.4%. With every distribution reinvested, the fund returned +13.7%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 27.9%, paid weekly. Roundhill estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
QQQI
Over the year to Nov 4, 2026, QQQI paid 13.9% of its starting value in cash distributions while its price fell 5.4%. With every distribution reinvested, the fund returned +8.9%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 3.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 14.7%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, QDTE against QQQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/qdte-vs-qqqi
ETFIQ. (Nov 4, 2026). QDTE against QQQI. Retrieved from https://etfiq.com/compare/income/qdte-vs-qqqi
[QDTE against QQQI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qdte-vs-qqqi)
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