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Data as of .

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

QDTY and XSPI both write options for income.

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

30.9%QDTY cash paid, 1 year
11.1%XSPI cash paid, 1 year
+20.2%QDTY total return, 1 year
+11.6%XSPI total return, 1 year
QDTY1.6 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QDTY+20.2%30.9% of it arrived as cash1.6 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QDTY+20.2%30.9% as cash1.6 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, QDTY and XSPI hold 0% of their money in the same securities at the same weight.

Only in each
Only in QDTYOnly in XSPI
NDX 12/18/2026 1001.26 C 96.19%NVIDIA Corp 8.50%
XND 12/18/2026 10.02 C 3.21%Apple Inc 7.83%
First American Government Obligations Fund 12/01/2031 0.53%Microsoft Corp 5.80%
United States Treasury Bill 10/15/2026 0.07%Amazon.com Inc 3.94%
Alphabet Inc 3.24%
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 21, 2026.

Performance, window by window

QDTY and XSPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QDTYXSPIQDTYXSPIQDTYXSPI
3 months−0.9%+3.7%7.9%4.2%+1.6 pts+1.4 pts
6 months+20.7%+20.0%17.3%9.2%−3.6 pts+1.9 pts
1 year+20.2%not published30.9%not published−1.6 ptsnot published
Since launch+27.1%+11.6%42.0%11.1%−8.5 pts+0.2 pts
Open the live comparison on ETFIQ
QDTY and XSPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
QDTY
YieldMax(R) Nasdaq 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
IssuerYieldMaxNEOS
Strategy0DTE covered calloption income
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized25.9%17.1%
Expense ratio1.17%0.98%
Cash paid, 1 year30.9%11.1% (since launch on Feb 3, 2026)
Price change, 1 year−14.0%−0.3%
Total return, 1 year+20.2%+11.6% (since launch on Feb 3, 2026)
Benchmark return, 1 year+21.8%+11.3%
Ahead or behind−1.6 pts+0.2 pts
Return of capital, latest estimate94%99%
Age582 days227 days
Net assets$27m$113m

QDTY in plain words

Over the year to Sep 18, 2026, QDTY paid 30.9% of its starting value in cash distributions while its price fell 14.0%. With every distribution reinvested, the fund returned +20.2%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 1.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.9%, paid weekly. YieldMax estimates that 94% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

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, QDTY or XSPI?
QDTY charges 1.17% a year and XSPI charges 0.98%, so XSPI 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.

QDTY 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, QDTY against XSPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/qdty-vs-xspi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources