Data as of .
QLDY vs QVOL: which paid, and which earned it?
QLDY and QVOL both write options for income.
What they hold in common
By the books each fund has filed, QLDY and QVOL hold 0% of their money in the same securities at the same weight.
| Only in QLDY | Only in QVOL |
|---|---|
| Ndx 12/18/2026 2001.44 C 94.80% | NVIDIA Corp 8.53% |
| First American Government Obligations Fund 12/01/2031 4.77% | Amazon.com Inc 7.61% |
| United States Treasury Note/bond 2.375% 05/15/2027 0.53% | Advanced Micro Devices Inc 6.17% |
| Ndxp Us 09/21/26 P29500 0.08% | Microsoft Corp 5.05% |
| Xnd 12/18/2026 10.44 C 0.05% | Alphabet Inc 4.70% |
| Cash & Other -0.06% | Alphabet Inc 4.69% |
| Nasdaq-1 Put Opt 09/26 29650 -0.16% | Micron Technology Inc 4.53% |
| Marvell Technology Inc 4.30% |
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 May 31, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| QLDY | QVOL | QLDY | QVOL | QLDY | QVOL | |
| 3 months | −6.6% | −3.7% | 8.3% | 3.0% | −4.1 pts | −1.2 pts |
| 6 months | +20.1% | not published | 18.7% | not published | −4.2 pts | not published |
| 1 year | +10.6% | not published | 29.2% | not published | −11.2 pts | not published |
| Since launch | +10.6% | +4.3% | 29.2% | 4.2% | −11.2 pts | +2.1 pts |
| QLDY Defiance Nasdaq 100 LightningSpread(TM) Income ETF Option income on QQQ, paying weekly | QVOL Infrastructure Capital Nasdaq Option Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | Defiance | Infrastructure Capital |
| Strategy | option income | option income |
| Benchmark | Nasdaq-100 (QQQ) | Nasdaq-100 (QQQ) |
| Pays | weekly | monthly |
| Payout rate, annualized | 19.6% | 12.6% |
| Expense ratio | 1.04% | 0.82% |
| Cash paid, 1 year | 29.2% | 4.2% (since launch on May 12, 2026) |
| Price change, 1 year | −20.3% | 0.0% |
| Total return, 1 year | +10.6% | +4.3% (since launch on May 12, 2026) |
| Benchmark return, 1 year | +21.8% | +2.1% |
| Ahead or behind | −11.2 pts | +2.1 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 365 days | 129 days |
| Net assets | $52m | $8m |
QLDY in plain words
Over the year to Sep 18, 2026, QLDY paid 29.2% of its starting value in cash distributions while its price fell 20.3%. With every distribution reinvested, the fund returned +10.6%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 11.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 19.6%, paid weekly. Defiance estimates that 100% 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).
QVOL in plain words
Over the period since launch on May 12, 2026 to Sep 18, 2026, QVOL paid 4.2% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +4.3%. Nasdaq-100 (QQQ) returned +2.1% over the same days, so a holder was ahead by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.6%, paid monthly.
Questions people ask
- Which is cheaper, QLDY or QVOL?
- QLDY charges 1.04% a year and QVOL charges 0.82%, so QVOL 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.
Cite this page. ETFIQ, QLDY against QVOL, data as of Sep 18, 2026. https://etfiq.com/compare/income/qldy-vs-qvol Free to use with attribution; the underlying files are at Open data.