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Data as of Nov 4, 2026.

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Income ETFs

QDTY vs SPUT: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, QDTY paid 30.7% of its price in cash against SPUT’s 4.8%, though SPUT returned more with it reinvested.

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Net assets: $37m on Nov 3, 2026 for YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF, and $17m on Nov 4, 2026 for Innovator Equity Premium Income - Daily PutWrite ETF.

QDTY on its own →SPUT on its own →
At a glance
30.7%
QDTY cash paid, 1 year
4.8%
SPUT cash paid, 1 year
+10.1%
QDTY total return, 1 year
+10.7%
SPUT total return, 1 year
QDTY · 1 year to Nov 4, 2026 2.2 pts behind QQQ
QDTY
+10.1%
QQQ
+12.3%

2.2 pts behind QQQ

QDTY over 1 year: paid 30.7%, price −21.9%, total +10.1%, QQQ +12.3%, −2.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QDTY

+10.1%

30.7% of it arrived as cash

2.2 pts behind QQQ

Total return, distributions reinvested

2.2 pts behind QQQ

QDTY over 1 year: paid 30.7%, price −21.9%, total +10.1%, QQQ +12.3%, −2.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QDTY

+10.1%

30.7% as cash

2.2 pts behind QQQ

30.7% of it arrived as cash. Total return, distributions reinvested. QDTY over 1 year: paid 30.7%, price −21.9%, total +10.1%, QQQ +12.3%, −2.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
SPUT · 1 year to Nov 4, 2026 4.1 pts behind SPY
SPUT
+10.7%
SPY
+14.8%

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.8% of it arrived as cash

4.1 pts behind SPY

Total return, distributions reinvested

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.1 pts behind SPY

4.8% of it arrived as cash. Both charts share one scale, with zero at the line. SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SPUT costs 0.38 points a year less; their one-year returns differ by 0.6 points; QDTY is 2.2 times larger.

Points (pts) are percentage points.

QDTY vs SPUT: Dividend Yield & Total Return
MeasureQDTYSPUT
Paid and earned
Total return, 1 year+10.1%+10.7%
Price change, 1 yearfell 21.9%rose 5.7%
Return of capital, issuer estimate75% of the Nov 5, 2026 payment58% of the Nov 2, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQS&P 500, measured through SPY
Cost and size
Expense ratio1.17%0.79%
Net assets, as of Nov 3, 2026$37m$17m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · SPUT scores higher How much of what it paid out did its total return cover?
IQ Income Score27.8QDTY88.9SPUT

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

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

0%

By the books each fund has filed, QDTY and SPUT hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QDTY SPUT
Only in one fund ↓
Only in QDTY
NDX 12/18/2026 1001.26 C 95.10%
XND 12/18/2026 10.02 C 0.73%
United States Treasury Note/Bond 3.375% 09/15/2027 0.05%
Only in SPUT
NVIDIA Corp 3.71%
Apple Inc 3.50%
Microsoft Corp 2.70%
Amazon.com Inc 2.06%
Alphabet Inc 1.64%
Broadcom Inc 1.43%
Alphabet Inc 1.43%
Meta Platforms Inc 0.97%
Check overlap with more funds →

Side by side

QDTY YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF · 0DTE covered call on QQQ, paying weekly SPUT Innovator Equity Premium Income - Daily PutWrite ETF · Sells puts on the S&P 500, paying monthly
Issuer YieldMax Innovator
Strategy 0DTE covered call put-selling overlay
Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)
Pays weekly monthly
Payout rate, annualized 30.9% 3.6%
Expense ratio 1.17% 0.79%
Cash paid, 1 year 30.7% 4.8%
Price change, 1 year −21.9% +5.7%
Total return, 1 year +10.1% +10.7%
Benchmark return, 1 year +12.3% +14.8%
Ahead or behind −2.2 pts −4.1 pts
Return of capital, latest estimate 75% 58%
Age 1.7 years 1.6 years
Net assets, QDTY as of Nov 3, 2026 and SPUT as of Nov 4, 2026 $37m $17m

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: QDTY vs SPUT: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowQDTYSPUTQDTYSPUTQDTYSPUT
3 months−2.6%+0.9%7.4%1.0%+0.8 pts+1.0 pts
6 months+0.6%+3.4%15.2%1.9%+1.0 pts−1.6 pts
1 year+10.1%+10.7%30.7%4.8%−2.2 pts−4.0 pts
Since launchNot the same days: QDTY Feb 2025 · SPUT Mar 2025+21.7%+23.3%45.1%9.1%−8.5 pts−15.6 pts

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About each fund
QDTY

Over the year to Nov 4, 2026, QDTY paid 30.7% of its starting value in cash distributions while its price fell 21.9%. With every distribution reinvested, the fund returned +10.1%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 2.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 30.9%, paid weekly. YieldMax estimates that 75% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

SPUT

Over the year to Nov 4, 2026, SPUT paid 4.8% of its starting value in cash distributions while its price rose 5.7%. With every distribution reinvested, the fund returned +10.7%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 3.6%, paid monthly. Innovator estimates that 58% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, QDTY or SPUT?
Over the year to Nov 4, 2026, QDTY paid 30.7% of its starting price in cash and SPUT paid 4.8%, so QDTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, QDTY or SPUT?
With every distribution reinvested, QDTY returned +10.1% and SPUT +10.7% over the year to Nov 4, 2026.
Which is cheaper, QDTY or SPUT?
QDTY charges 1.17% a year and SPUT charges 0.79%, so SPUT is cheaper. Fees come from each fund's prospectus.
Other comparisons
QDTY vs SPINQDTY vs SPYIQDTY vs JULHQDTY vs SCLZSPUT vs ACQQSPUT vs BALQSPUT vs QLDYSPUT vs QRMI
Where to next
Nasdaq-100 (QQQ) →S&P 500 (SPY) →QDTY on its own →SPUT on its own →QDTY dividend history →QDTY holdings →SPUT dividend history →SPUT holdings →Method →Standards and sources →
Sources and dates
QDTY filings on SEC EDGAR ↗
QDTY prospectus with the expense ratio (SEC) ↗
QDTY 19a-1 distribution notice ↗
YieldMax page for QDTY ↗
SPUT filings on SEC EDGAR ↗
SPUT prospectus with the expense ratio (SEC) ↗
SPUT 19a-1 distribution notice ↗
Innovator page for SPUT ↗

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, QDTY against SPUT, data as of Nov 4, 2026. https://etfiq.com/compare/income/qdty-vs-sput

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