Data as of Nov 4, 2026.
QDTE vs XSPI: Dividend Yield & Total Return
QDTE and XSPI both write options for income.
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Net assets: $881m on Nov 4, 2026 for Roundhill Nasdaq-100 0DTE Covered Call Strategy ETF, and $140m on Oct 28, 2026 for NEOS Boosted S&P 500 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.About even with SPY
XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.
SPY
+12.1%
XSPI
+12.4%
13.9% of it arrived as cash
about even with SPY
Total return, distributions reinvested
About even with SPY
XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.
SPY
+12.1%
XSPI
+12.4%
13.9% as cash
about even with SPY
13.9% of it arrived as cash. Both charts share one scale, with zero at the line. XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
QDTE costs 0.02 points a year less; QDTE is 6.6 times larger.
Points (pts) are percentage points.
| Measure | QDTE | XSPI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +13.7% | not published |
| Price change | fell 23.4% (1 year) | fell 2.3% (since Feb 3, 2026) |
| Return of capital, issuer estimate | 100% of the Oct 30, 2026 payment | 98% of the Oct 9, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.96% | 0.98% |
| Net assets, as of Oct 28, 2026 | $919m | $140m |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Feb 13, 2026 to Oct 30, 2026 · 37 weekly returnsFrom Feb 2026 to Oct 2026, QDTE returned slightly more: +12.5% to +12.2%. QDTE fell less at its worst: −7.4% to −10.3%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | QDTE | XSPI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +12.5% | +12.2% | QDTE (slight) | Price change plus distributions, reinvested. |
| Price return | −8.9% | +0.3% | XSPI | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −7.4% | −10.3% | QDTE | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 37 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, QDTE and XSPI 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 | XSPI | QDTE | XSPI | QDTE | XSPI |
| 3 months | −1.6% | +1.1% | 6.3% | 4.2% | +1.8 pts | +1.2 pts |
| 6 months | +1.6% | +7.0% | 14.3% | 8.5% | +2.0 pts | +2.0 pts |
| 1 year | +13.7% | – | 34.7% | – | +1.5 pts | – |
| Since launchNot the same days: QDTE Mar 2024 · XSPI Feb 2026 | +55.2% | +12.4% | 75.6% | 13.9% | −2.3 pts | +0.3 pts |
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No client brief for this pair: ETFIQ prints no one-year total return for XSPI.
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.
XSPI
Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XSPI paid 13.9% of its starting value in cash distributions while its price fell 2.3%. With every distribution reinvested, the fund returned +12.4%. S&P 500 (SPY) returned +12.1% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid monthly. NEOS estimates that 98% of the distribution paid Oct 9, 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
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 XSPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/qdte-vs-xspi
ETFIQ. (Nov 4, 2026). QDTE against XSPI. Retrieved from https://etfiq.com/compare/income/qdte-vs-xspi
[QDTE against XSPI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qdte-vs-xspi)
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