Data as of Oct 30, 2026.

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Income ETFs

QQDH vs SPYI: Dividend Yield & Total Return

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QQDH and SPYI both write options for income.

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Net assets: $12.7bn on Oct 28, 2026 for NEOS S&P 500 High Income ETF, beside Tuttle Capital Innovation 100 Income AND Hedge ETF.

At a glance
0.3%
QQDH cash paid, since launch, Oct 23, 2026
12.0%
SPYI cash paid, 1 year
−2.6%
QQDH total return, since launch, Oct 23, 2026
+12.1%
SPYI total return, 1 year
QQDH · since launch to Oct 30, 2026 Not measured
QQDH
−2.6%
none

Not measured

QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

QQDH

−2.6%

Total return, distributions reinvested

Not measured

QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

QQDH

−2.6%

0.3% of it arrived as cash. Total return, distributions reinvested. QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

Data to Oct 30, 2026.
SPYI · 1 year to Oct 30, 2026 About even with SPY
SPYI
+12.1%
SPY
+12.4%

About even with SPY

SPYI over 1 year: paid 12.0%, price −0.5%, total +12.1%, SPY +12.4%, −0.3 pts. Data to Oct 30, 2026.

SPY

+12.4%

SPYI

+12.1%

12.0% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

SPYI over 1 year: paid 12.0%, price −0.5%, total +12.1%, SPY +12.4%, −0.3 pts. Data to Oct 30, 2026.

SPY

+12.4%

SPYI

+12.1%

12.0% as cash

about even with SPY

12.0% of it arrived as cash. Both charts share one scale, with zero at the line. SPYI over 1 year: paid 12.0%, price −0.5%, total +12.1%, SPY +12.4%, −0.3 pts. Data to Oct 30, 2026.

Data to Oct 30, 2026.

Pair scorecard

SPYI costs 0.27 points a year less.

Points (pts) are percentage points.

QQDH vs SPYI: Dividend Yield & Total Return
MeasureQQDHSPYI
Paid and earned
Total return, 1 yearnot published+12.1%
Price changefell 2.9% (since Oct 23, 2026)fell 0.5% (1 year)
Against its benchmark
Benchmarknot publishedS&P 500, measured through SPY
Cost and size
Expense ratio0.95%0.68%
Net assetsnot read by ETFIQ$12.7bn
Holdings
Holdings in commonnot published

Method

Side by side

QQDH Tuttle Capital Innovation 100 Income AND Hedge ETF · 0DTE covered call SPYI NEOS S&P 500 High Income ETF · Option income on SPY, paying monthly
Issuer Tuttle NEOS
Strategy 0DTE covered call option income
Benchmark none S&P 500 (SPY)
Pays not established monthly
Payout rate, annualized 3.9% 11.6%
Expense ratio 0.95% 0.68%
Cash paid, 1 year 0.3% (since launch, Oct 23, 2026) 12.0%
Price change, 1 year −2.9% (since launch, Oct 23, 2026) −0.5%
Total return, 1 year −2.6% (since launch, Oct 23, 2026) +12.1%
Benchmark return, 1 year not published +12.4%
Ahead or behind not available −0.3 pts
Return of capital, latest estimate not published 99%
Age 7 days 4.2 years
Net assets not read by ETFIQ $12.7bn

As of Oct 30, 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

Window by window: QQDH vs SPYI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowQQDHSPYIQQDHSPYIQQDHSPYI
3 months–+2.2%–3.0%–+0.7 pts
6 months–+6.0%–6.1%–+0.6 pts
1 year–+12.1%–12.0%–−0.2 pts
3 years–+64.2%–40.3%–−23.2 pts
Since launchNot the same days: QQDH Oct 2026 · SPYI Aug 2022−2.6%+76.5%0.3%51.3%not measured−24.2 pts

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About each fund
QQDH

Over the period from its first trade on Oct 23, 2026 to Oct 30, 2026, QQDH paid 0.3% of its starting value in cash distributions while its price fell 2.9%. With every distribution reinvested, the fund returned −2.6%. At its price on Oct 30, 2026 the latest distribution annualizes to 3.9%, paid periodically.

SPYI

Over the year to Oct 30, 2026, SPYI paid 12.0% of its starting value in cash distributions while its price fell 0.5%. With every distribution reinvested, the fund returned +12.1%. S&P 500 (SPY) returned +12.4% over the same days, so a holder was about even. At its price on Oct 30, 2026 the latest distribution annualizes to 11.6%, paid monthly. NEOS estimates that 99% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, QQDH or SPYI?
QQDH charges 0.95% a year and SPYI charges 0.68%, so SPYI is cheaper. Fees come from each fund's prospectus.
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ETFIQ, QQDH against SPYI, data as of Oct 30, 2026. https://etfiq.com/compare/income/qqdh-vs-spyi

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