Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

Over the year QDTY paid 30.9% of its price in cash against YQQQ’s 23.1%, and returned more with it reinvested.

YieldMax(R) Nasdaq 100 0DTE Covered Call Strategy ETF and YieldMax(R) Short N100 Option Income Strategy ETF.

30.9%QDTY cash paid, 1 year
23.1%YQQQ cash paid, 1 year
+20.2%QDTY total return, 1 year
−3.5%YQQQ total return, 1 year

ETFIQ Return Stability Score: QDTY scores higher

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

QDTY 37YQQQ 7.53.8, the lowest in this set96.8, the highest

A percentile among the 173 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

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
YQQQ25.3 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%YQQQ−3.5%25.3 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%YQQQ−3.5%25.3 pts behind QQQ

What they hold in common

By the books each fund has filed, QDTY and YQQQ hold 1% of their money in the same securities at the same weight.

Positions QDTY and YQQQ both hold, largest shared weight first
HoldingQDTYYQQQ
First American Government Obligations Fund 12/01/20310.53%5.94%
United States Treasury Bill 10/15/20260.07%7.09%
Only in each
Only in QDTYOnly in YQQQ
NDX 12/18/2026 1001.26 C 96.19%United States Treasury Note/Bond 2.375% 05/15/2027 28.76%
XND 12/18/2026 10.02 C 3.21%United States Treasury Bill 07/08/2027 28.59%
United States Treasury Bill 02/18/2027 17.25%
United States Treasury Bill 12/10/2026 13.01%
QQQ 10/16/2026 720.02 P 1.66%
QQQ US 09/25/26 P690 0.06%
QQQ US 09/18/26 P685 0.00%
QQQ US 10/16/26 C925 0.00%

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 YQQQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QDTYYQQQQDTYYQQQQDTYYQQQ
3 months−0.9%+5.8%7.9%6.5%+1.6 pts+8.3 pts
6 months+20.7%−13.9%17.3%10.8%−3.6 pts−38.2 pts
1 year+20.2%−3.5%30.9%23.1%−1.6 pts−25.3 pts
Since launch+27.1%−17.6%42.0%37.0%−8.5 pts−71.2 pts
Open the live comparison on ETFIQ
QDTY and YQQQ 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
YQQQ
YieldMax(R) Short N100 Option Income Strategy ETF
Synthetic covered call on QQQ, paying weekly
IssuerYieldMaxYieldMax
Strategy0DTE covered callsynthetic covered call
BenchmarkNasdaq-100 (QQQ)Nasdaq-100 (QQQ)
Paysweeklyweekly
Payout rate, annualized25.9%21.3%
Expense ratio1.17%1.11%
Cash paid, 1 year30.9%23.1%
Price change, 1 year−14.0%−25.7%
Total return, 1 year+20.2%−3.5%
Benchmark return, 1 year+21.8%+21.8%
Ahead or behind−1.6 pts−25.3 pts
Return of capital, latest estimate94%0%
Age582 days764 days
Net assets$27m$27m

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).

YQQQ in plain words

Over the year to Sep 18, 2026, YQQQ paid 23.1% of its starting value in cash distributions while its price fell 25.7%. With every distribution reinvested, the fund returned −3.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 25.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 21.3%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 18, 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, QDTY or YQQQ?
Over the year to Sep 18, 2026, QDTY paid 30.9% of its starting price in cash and YQQQ paid 23.1%, 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 YQQQ?
With every distribution reinvested, QDTY returned +20.2% and YQQQ returned −3.5% over the year to Sep 18, 2026, so QDTY returned more.
Which is cheaper, QDTY or YQQQ?
QDTY charges 1.17% a year and YQQQ charges 1.11%, so YQQQ 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 YQQQ, 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 YQQQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/qdty-vs-yqqq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources