Data as of Nov 4, 2026.
QLDY vs WDTE: Dividend Yield & Total Return
Over the year to Nov 4, 2026, QLDY paid 35.3% of its price in cash against WDTE’s 27.9%, though WDTE returned more with it reinvested.
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askIQ about QLDY and WDTENet assets on Nov 3, 2026: $53m for Defiance Nasdaq 100 LightningSpread Income ETF and $69m for Defiance S&P 500 Weekly Distribution ETF.
3.2 pts behind QQQ
QLDY over 1 year: paid 35.3%, price −27.2%, total +9.1%, QQQ +12.3%, −3.2 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QLDY
+9.1%
35.3% of it arrived as cash
3.2 pts behind QQQ
Total return, distributions reinvested
3.2 pts behind QQQ
QLDY over 1 year: paid 35.3%, price −27.2%, total +9.1%, QQQ +12.3%, −3.2 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QLDY
+9.1%
35.3% cash
3.2 pts behind QQQ
35.3% of it arrived as cash. Total return, distributions reinvested. QLDY over 1 year: paid 35.3%, price −27.2%, total +9.1%, QQQ +12.3%, −3.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.0.7 pts behind SPY
WDTE over 1 year: paid 27.9%, price −15.9%, total +14.1%, SPY +14.8%, −0.7 pts. Data to Nov 4, 2026.
SPY
+14.8%
WDTE
+14.1%
27.9% of it arrived as cash
0.7 pts behind SPY
Total return, distributions reinvested
0.7 pts behind SPY
WDTE over 1 year: paid 27.9%, price −15.9%, total +14.1%, SPY +14.8%, −0.7 pts. Data to Nov 4, 2026.
SPY
+14.8%
WDTE
+14.1%
27.9% as cash
0.7 pts behind SPY
27.9% of it arrived as cash. Both charts share one scale, with zero at the line. WDTE over 1 year: paid 27.9%, price −15.9%, total +14.1%, SPY +14.8%, −0.7 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
WDTE costs 0.01 points a year less; their one-year returns differ by 5.0 points; WDTE is 1.3 times larger.
Points (pts) are percentage points.
| Measure | QLDY | WDTE |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +9.1% | +14.1% |
| Price change, 1 year | fell 27.2% | fell 15.9% |
| Return of capital, issuer estimate | 0% of the Nov 2, 2026 payment | 100% of the Oct 30, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 1.04% | 1.03% |
| Net assets, as of Nov 3, 2026 | $53m | $69m |
| Holdings | ||
| Holdings in common | 0% | |
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
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 →
What they share
By the books each fund has filed, QLDY and WDTE hold 0% of their money in the same securities at the same weight. Holdings dated 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 | QLDY | WDTE | QLDY | WDTE | QLDY | WDTE |
| 3 months | −4.5% | −0.4% | 9.5% | 7.3% | −1.1 pts | −0.2 pts |
| 6 months | −3.1% | +4.6% | 18.5% | 14.4% | −2.8 pts | −0.4 pts |
| 1 year | +9.1% | +14.1% | 35.3% | 27.9% | −3.2 pts | −0.7 pts |
| 3 years | – | +50.8% | – | 78.5% | – | −32.1 pts |
| Since launchNot the same days: QLDY Sep 2025 · WDTE Sep 2023 | +13.2% | +49.2% | 39.1% | 79.5% | −3.7 pts | −30.4 pts |
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QLDY
Over the year to Nov 4, 2026, QLDY paid 35.3% of its starting value in cash distributions while its price fell 27.2%. With every distribution reinvested, the fund returned +9.1%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 3.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 19.7%, paid weekly. Defiance estimates that 0% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
WDTE
Over the year to Nov 4, 2026, WDTE paid 27.9% of its starting value in cash distributions while its price fell 15.9%. With every distribution reinvested, the fund returned +14.1%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 0.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 30.3%, paid weekly. Defiance estimates that 100% of the distribution paid Oct 30, 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
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, QLDY against WDTE, data as of Nov 4, 2026. https://etfiq.com/compare/income/qldy-vs-wdte
ETFIQ. (Nov 4, 2026). QLDY against WDTE. Retrieved from https://etfiq.com/compare/income/qldy-vs-wdte
[QLDY against WDTE (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qldy-vs-wdte)
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