Which paid more, QDTE or SCLZ?

Over the year to Nov 4, 2026, QDTE paid 34.7% of its starting price in cash and SCLZ paid 8.5%, so QDTE paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, QDTE or SCLZ?

With every distribution reinvested, QDTE returned +13.7% and SCLZ +10.6% over the year to Nov 4, 2026.

Which is cheaper, QDTE or SCLZ?

QDTE charges 0.96% a year and SCLZ charges 0.79%, so SCLZ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

QDTE vs SCLZ: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, QDTE paid 34.7% of its price in cash against SCLZ’s 8.5%, 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 $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF.

QDTE on its own →SCLZ on its own →

At a glance

34.7%

QDTE cash paid, 1 year

8.5%

SCLZ cash paid, 1 year

+13.7%

QDTE total return, 1 year

+10.6%

SCLZ total return, 1 year

QDTE · 1 year to Nov 4, 2026 1.4 pts ahead of QQQ

QDTE

+13.7%

QQQ

+12.3%

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.

SCLZ · 1 year to Nov 4, 2026 4.2 pts behind SPY

SCLZ

+10.6%

SPY

+14.8%

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% of it arrived as cash

4.2 pts behind SPY

Total return, distributions reinvested

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% cash

4.2 pts behind SPY

8.5% of it arrived as cash. Both charts share one scale, with zero at the line. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SCLZ costs 0.17 points a year less; their one-year returns differ by 3.1 points.

Points (pts) are percentage points.

QDTE vs SCLZ: Dividend Yield & Total Return
Measure	QDTE	SCLZ
Paid and earned
Measure	QDTE	SCLZ
Total return, 1 year	+13.7%	+10.6%
Price change, 1 year	fell 23.4%	rose 1.6%
Against its benchmark
Measure	QDTE	SCLZ
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	QDTE	SCLZ
Expense ratio	0.96%	0.79%
Net assets, QDTE as of Nov 4, 2026 and SCLZ as of Jun 30, 2026	$881m	$20m
Holdings
Measure	QDTE	SCLZ
Holdings in common	0%

ETFIQ Distribution Coverage Score · SCLZ scores higher How much of what it paid out did its total return cover?

IQ Income Score32.6QDTE71.6SCLZ

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

QDTE 32.6

SCLZ 71.6

0.3, the lowest in this set 99.7, the highest

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 →

Method

What they share

By the books each fund has filed, QDTE and SCLZ hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QDTE SCLZ

Only in one fund ↓

Only in QDTE

QQQ 11/19/2027 70.11 C 73.55%

QQQ 09/17/2027 70.69 C 17.69%

Only in SCLZ

MICRON TECHNOLOGY INC 7.95%

APPLE INC 6.20%

NVIDIA CORP 6.03%

ALPHABET INC 5.22%

ADVANCED MICRO DEVICES INC 5.18%

BROADCOM INC 4.74%

ELI LILLY & COMPANY 3.88%

AMAZON.COM INC 3.77%

Check overlap with more funds →

Side by side

QDTE Roundhill Nasdaq-100 0DTE Covered Call Strategy ETF · 0DTE covered call on QQQ, paying weekly SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly

Issuer Roundhill Swan

Strategy 0DTE covered call dividend stocks with call overlay

Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)

Pays weekly monthly

Payout rate, annualized 27.9% 8.7%

Expense ratio 0.96% 0.79%

Cash paid, 1 year 34.7% 8.5%

Price change, 1 year −23.4% +1.6%

Total return, 1 year +13.7% +10.6%

Benchmark return, 1 year +12.3% +14.8%

Ahead or behind +1.4 pts −4.2 pts

Return of capital, latest estimate 100% not published

Age 2.7 years 2.7 years

Net assets, QDTE as of Nov 4, 2026 and SCLZ as of Jun 30, 2026 $881m $20m

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

Window by window: QDTE vs SCLZ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	QDTE	SCLZ	QDTE	SCLZ	QDTE	SCLZ
3 months	−1.6%	0.0%	6.3%	2.1%	+1.8 pts	+0.2 pts
6 months	+1.6%	+4.4%	14.3%	4.3%	+2.0 pts	−0.6 pts
1 year	+13.7%	+10.6%	34.7%	8.5%	+1.5 pts	−4.2 pts
Since launchNot the same days: QDTE Mar 2024 · SCLZ Feb 2024	+55.2%	+35.4%	75.6%	21.2%	−2.3 pts	−20.8 pts

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Alert

About each fund

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.

SCLZ

Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +10.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.7%, paid monthly.

Questions people ask

Which paid more, QDTE or SCLZ?: Over the year to Nov 4, 2026, QDTE paid 34.7% of its starting price in cash and SCLZ paid 8.5%, so QDTE paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, QDTE or SCLZ?: With every distribution reinvested, QDTE returned +13.7% and SCLZ +10.6% over the year to Nov 4, 2026.
Which is cheaper, QDTE or SCLZ?: QDTE charges 0.96% a year and SCLZ charges 0.79%, so SCLZ is cheaper. Fees come from each fund's prospectus.

Other comparisons

QDTE vs QUSA QDTE vs ACSP QDTE vs XRMI QDTE vs WDTE SCLZ vs CAIQ SCLZ vs BALQ SCLZ vs ACQQ SCLZ vs FTQI

Where to next

Nasdaq-100 (QQQ) →S&P 500 (SPY) →QDTE on its own →SCLZ on its own →QDTE dividend history →QDTE holdings →SCLZ dividend history →SCLZ holdings →Method →Standards and sources →

Sources and dates

QDTE filings on SEC EDGAR ↗

QDTE prospectus with the expense ratio (SEC) ↗

QDTE 19a-1 distribution notice ↗

Roundhill page for QDTE ↗

SCLZ filings on SEC EDGAR ↗

SCLZ prospectus with the expense ratio (SEC) ↗

Swan website ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, QDTE against SCLZ, data as of Nov 4, 2026. https://etfiq.com/compare/income/qdte-vs-sclz

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