Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

QDTE vs TSLY: which paid, and which earned it?

Over the year TSLY paid 53.2% of its price in cash against QDTE’s 36.8%, though QDTE returned more with it reinvested.

Roundhill Innovation-100 0DTE Covered Call Strategy ETF and YieldMax(R) TSLA Option Income Strategy ETF, side by side, income ETFs on ETFIQ.

36.8%QDTE cash paid, 1 year
53.2%TSLY cash paid, 1 year
+22.3%QDTE total return, 1 year
+3.9%TSLY total return, 1 year

ETFIQ Return Stability Score: TSLY scores higher

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

QDTE 44.7TSLY 69.73.2, the lowest in this set96.9, the highest

A percentile among the 161 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

QDTE0.7 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%QDTE+22.3%36.8% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%QDTE+22.3%36.8% as cash0.7 pts behind QQQ
TSLY4.8 pts ahead of TSLA · 1 year to Sep 11, 2026
TSLA−0.9%TSLY+3.9%53.2% as cash4.8 pts ahead of TSLATotal return, distributions reinvestedTSLA−0.9%TSLY+3.9%4.8 pts ahead of TSLA

What they hold in common

By the books each fund has filed, QDTE and TSLY hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in QDTEOnly in TSLY
NDX 03/19/2027 2510.15 C 26.01%TREASURY BILL 22.62%
4NDX US 12/18/26 C2450.1 FLX 25.19%TREASURY BILL 22.39%
NDX 06/11/2027 3059.42 C 22.18%TREASURY BILL 22.04%
4NDX US 09/18/26 C2250 FLX 18.27%TREASURY BILL 20.60%
Roundhill Weekly T-Bill ETF 5.05%TREASURY BILL 12.35%
First American Government Obligations Fu 3.30%

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 Apr 30, 2026 and Sep 11, 2026.

Performance, window by window

QDTE and TSLY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QDTETSLYQDTETSLYQDTETSLY
3 months+1.0%−9.9%7.8%10.8%+1.8 pts+0.2 pts
6 months+16.9%−7.9%15.9%22.0%−3.8 pts−1.3 pts
1 year+22.3%+3.9%36.8%53.2%−0.7 pts+4.8 pts
3 yearsnot published+19.4%not published83.5%not published−17.2 pts
Since launch+58.3%+38.5%73.8%97.1%−4.3 pts−61.0 pts
Open the live comparison on ETFIQ
QDTE and TSLY on the same fields, as of Sep 11, 2026. Source: ETFIQ.
QDTE
Roundhill Innovation-100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
TSLY
YieldMax(R) TSLA Option Income Strategy ETF
Synthetic covered call on TSLA, paying weekly
IssuerRoundhillYieldMax
Strategy0DTE covered callsynthetic covered call
BenchmarkNasdaq-100 (QQQ)Tesla (TSLA)
Paysweeklyweekly
Payout rate, annualized24.3%50.0%
Expense ratio0.96%1.07%
Cash paid, 1 year36.8%53.2%
Price change, 1 year−18.5%−44.2%
Total return, 1 year+22.3%+3.9%
Benchmark return, 1 year+23.0%−0.9%
Ahead or behind−0.7 pts+4.8 pts
Return of capital, latest estimatenot published100%
Age918 days1388 days

QDTE in plain words

Over the year to Sep 11, 2026, QDTE paid 36.8% of its starting value in cash distributions while its price fell 18.5%. With every distribution reinvested, the fund returned +22.3%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 24.3%, paid weekly.

TSLY in plain words

Over the year to Sep 11, 2026, TSLY paid 53.2% of its starting value in cash distributions while its price fell 44.2%. With every distribution reinvested, the fund returned +3.9%. Tesla (TSLA) returned −0.9% over the same days, so a holder was ahead by 4.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 50.0%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 11, 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, QDTE or TSLY?
Over the year to Sep 11, 2026, QDTE paid 36.8% of its starting price in cash and TSLY paid 53.2%, so TSLY 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 TSLY?
With every distribution reinvested, QDTE returned +22.3% and TSLY returned +3.9% over the year to Sep 11, 2026, so QDTE returned more.
Which is cheaper, QDTE or TSLY?
QDTE charges 0.96% a year and TSLY charges 1.07%, so QDTE 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.

QDTE against TSLY, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, QDTE against TSLY, data as of Sep 11, 2026. https://etfiq.com/compare/income/qdte-vs-tsly Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources