Data as of Nov 4, 2026.
QLDY vs XSHP: Dividend Yield & Total Return
QLDY and XSHP both write options for income.
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Net assets on Nov 3, 2026: $53m for Defiance Nasdaq 100 LightningSpread Income ETF and $11m for Kurv SpaceX Enhanced Income 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% 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%
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.Not measured
XSHP since launch: paid 11.3%, price −32.7%, total −21.1%, not measured against a benchmark. Data to Nov 4, 2026.
XSHP
−21.1%
Total return, distributions reinvested
Not measured
XSHP since launch: paid 11.3%, price −32.7%, total −21.1%, not measured against a benchmark. Data to Nov 4, 2026.
XSHP
−21.1%
11.3% of it arrived as cash. Both charts share one scale, with zero at the line. XSHP since launch: paid 11.3%, price −32.7%, total −21.1%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
XSHP costs 0.05 points a year less; QLDY is 4.8 times larger.
Points (pts) are percentage points.
| Measure | QLDY | XSHP |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +9.1% | not published |
| Price change | fell 27.2% (1 year) | fell 32.7% (since Jun 17, 2026) |
| Return of capital, issuer estimate | 0% of the Nov 2, 2026 payment | 92% of the Oct 8, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | not published |
| Cost and size | ||
| Expense ratio | 1.04% | 0.99% |
| Net assets, as of Nov 3, 2026 | $53m | $11m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, QLDY and XSHP hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and 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 | XSHP | QLDY | XSHP | QLDY | XSHP |
| 3 months | −4.5% | +31.3% | 9.5% | 11.2% | −1.1 pts | not measured |
| 6 months | −3.1% | – | 18.5% | – | −2.8 pts | – |
| 1 year | +9.1% | – | 35.3% | – | −3.2 pts | – |
| Since launchNot the same days: QLDY Sep 2025 · XSHP Jun 2026 | +13.2% | −21.1% | 39.1% | 11.3% | −3.7 pts | not measured |
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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.
XSHP
Over the period from its first trade on Jun 17, 2026 to Nov 4, 2026, XSHP paid 11.3% of its starting value in cash distributions while its price fell 32.7%. With every distribution reinvested, the fund returned −21.1%. At its price on Nov 4, 2026 the latest distribution annualizes to 33.7%, paid monthly. Kurv estimates that 92% of the distribution paid Oct 8, 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
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 XSHP, data as of Nov 4, 2026. https://etfiq.com/compare/income/qldy-vs-xshp
ETFIQ. (Nov 4, 2026). QLDY against XSHP. Retrieved from https://etfiq.com/compare/income/qldy-vs-xshp
[QLDY against XSHP (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qldy-vs-xshp)
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