Data as of Nov 4, 2026.
QQQY vs XSPI: Dividend Yield & Total Return
QQQY and XSPI both write options for income.
askIQ about this page
askIQ about QQQY and XSPI
Net assets: $178m on Nov 3, 2026 for Defiance Nasdaq 100 Weekly Distribution ETF, and $140m on Oct 28, 2026 for NEOS Boosted S&P 500 High Income ETF.
1.3 pts ahead of QQQ
QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QQQY
+13.6%
29.9% of it arrived as cash
1.3 pts ahead of QQQ
Total return, distributions reinvested
1.3 pts ahead of QQQ
QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QQQY
+13.6%
29.9% as cash
1.3 pts ahead of QQQ
29.9% of it arrived as cash. Total return, distributions reinvested. QQQY over 1 year: paid 29.9%, price −17.8%, total +13.6%, QQQ +12.3%, +1.3 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.About even with SPY
XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.
SPY
+12.1%
XSPI
+12.4%
13.9% of it arrived as cash
about even with SPY
Total return, distributions reinvested
About even with SPY
XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.
SPY
+12.1%
XSPI
+12.4%
13.9% as cash
about even with SPY
13.9% of it arrived as cash. Both charts share one scale, with zero at the line. XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
XSPI costs 0.03 points a year less; QQQY is 1.3 times larger.
Points (pts) are percentage points.
| Measure | QQQY | XSPI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +13.6% | not published |
| Price change | fell 17.8% (1 year) | fell 2.3% (since Feb 3, 2026) |
| Return of capital, issuer estimate | 81% of the Oct 30, 2026 payment | 98% of the Oct 9, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 1.01% | 0.98% |
| Net assets, as of Oct 28, 2026 | $188m | $140m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, QQQY and XSPI hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 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 | QQQY | XSPI | QQQY | XSPI | QQQY | XSPI |
| 3 months | −3.5% | +1.1% | 7.3% | 4.2% | −0.1 pts | +1.2 pts |
| 6 months | +0.4% | +7.0% | 15.4% | 8.5% | +0.7 pts | +2.0 pts |
| 1 year | +13.6% | – | 29.9% | – | +1.3 pts | – |
| 3 years | +51.9% | – | 88.2% | – | −39.4 pts | – |
| Since launchNot the same days: QQQY Sep 2023 · XSPI Feb 2026 | +49.8% | +12.4% | 88.1% | 13.9% | −37.0 pts | +0.3 pts |
– means no data for this window. Open this comparison in the app →
QQQY
Over the year to Nov 4, 2026, QQQY paid 29.9% of its starting value in cash distributions while its price fell 17.8%. With every distribution reinvested, the fund returned +13.6%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 1.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 31.5%, paid weekly. Defiance estimates that 81% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
XSPI
Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XSPI paid 13.9% of its starting value in cash distributions while its price fell 2.3%. With every distribution reinvested, the fund returned +12.4%. S&P 500 (SPY) returned +12.1% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid monthly. NEOS estimates that 98% of the distribution paid Oct 9, 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.
Cite this pageCitation, APA and Markdown
ETFIQ, QQQY against XSPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/qqqy-vs-xspi
ETFIQ. (Nov 4, 2026). QQQY against XSPI. Retrieved from https://etfiq.com/compare/income/qqqy-vs-xspi
[QQQY against XSPI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qqqy-vs-xspi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.