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Data as of .

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

QDTE and XSPI both write options for income.

Roundhill Innovation-100 0DTE Covered Call Strategy ETF and NEOS Boosted S&P 500(R) High Income ETF.

36.1%QDTE cash paid, 1 year
11.1%XSPI cash paid, 1 year
+21.1%QDTE total return, 1 year
+11.6%XSPI total return, 1 year
QDTE0.7 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QDTE+21.1%36.1% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QDTE+21.1%36.1% as cash0.7 pts behind QQQ
XSPIAbout even with SPY · since launch to Sep 18, 2026
SPY+11.3%XSPI+11.6%11.1% of it arrived as cashabout even with SPYTotal return, distributions reinvestedSPY+11.3%XSPI+11.6%about even with SPY

What they hold in common

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

Only in each
Only in QDTEOnly in XSPI
NDX 03/19/2027 2510.15 C 25.90%NVIDIA Corp 8.50%
QQQ 11/19/2027 70.11 C 24.77%Apple Inc 7.83%
NDX 06/11/2027 3059.42 C 22.64%Microsoft Corp 5.80%
QQQ 09/17/2027 70.69 C 17.82%Amazon.com Inc 3.94%
Roundhill Weekly T-Bill ETF 4.97%Alphabet Inc 3.24%
First American Government Obligations Fund 12/01/2031 3.90%Broadcom Inc 2.65%
Alphabet Inc 2.57%
Meta Platforms Inc 2.25%

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 21, 2026.

Performance, window by window

QDTE and XSPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QDTEXSPIQDTEXSPIQDTEXSPI
3 months−0.9%+3.7%7.6%4.2%+1.6 pts+1.4 pts
6 months+19.7%+20.0%16.2%9.2%−4.5 pts+1.9 pts
1 year+21.1%not published36.1%not published−0.7 ptsnot published
Since launch+59.9%+11.6%74.1%11.1%−4.3 pts+0.2 pts
Open the live comparison on ETFIQ
QDTE and XSPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
QDTE
Roundhill Innovation-100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
XSPI
NEOS Boosted S&P 500(R) High Income ETF
Option income on SPY, paying monthly
IssuerRoundhillNEOS
Strategy0DTE covered calloption income
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized20.8%17.1%
Expense ratio0.96%0.98%
Cash paid, 1 year36.1%11.1% (since launch on Feb 3, 2026)
Price change, 1 year−19.2%−0.3%
Total return, 1 year+21.1%+11.6% (since launch on Feb 3, 2026)
Benchmark return, 1 year+21.8%+11.3%
Ahead or behind−0.7 pts+0.2 pts
Return of capital, latest estimatenot published99%
Age925 days227 days
Net assets$967m$113m

QDTE in plain words

Over the year to Sep 18, 2026, QDTE paid 36.1% of its starting value in cash distributions while its price fell 19.2%. With every distribution reinvested, the fund returned +21.1%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid weekly.

XSPI in plain words

Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XSPI paid 11.1% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +11.6%. S&P 500 (SPY) returned +11.3% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 17.1%, paid monthly. NEOS estimates that 99% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, QDTE or XSPI?
QDTE charges 0.96% a year and XSPI charges 0.98%, 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 XSPI, 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, QDTE against XSPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/qdte-vs-xspi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources