Which is cheaper, QQQY or XVSP?

QQQY charges 1.01% a year and XVSP charges 0.85%, so XVSP is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

QQQY vs XVSP: Dividend Yield & Total Return

QQQY and XVSP both write options for income.

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Net assets on Nov 3, 2026: $178m for Defiance Nasdaq 100 Weekly Distribution ETF and $4.5m for FT Vest SPCX & Target Income ETF.

QQQY on its own →XVSP on its own →

At a glance

29.9%

QQQY cash paid, 1 year

2.7%

XVSP cash paid, since launch, Aug 26, 2026

+13.6%

QQQY total return, 1 year

−2.2%

XVSP total return, since launch, Aug 26, 2026

QQQY · 1 year to Nov 4, 2026 1.3 pts ahead of QQQ

QQQY

+13.6%

QQQ

+12.3%

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.

XVSP · since launch to Nov 4, 2026 About even with SPCX

XVSP

−2.2%

SPCX

−2.7%

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

Total return, distributions reinvested

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

2.7% of it arrived as cash. Both charts share one scale, with zero at the line. XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

XVSP costs 0.16 points a year less; QQQY is far larger, $178m against $4.5m.

Points (pts) are percentage points.

QQQY vs XVSP: Dividend Yield & Total Return
Measure	QQQY	XVSP
Paid and earned
Measure	QQQY	XVSP
Total return, 1 year	+13.6%	not published
Price change	fell 17.8% (1 year)	fell 4.6% (since Aug 26, 2026)
Return of capital, issuer estimate	81% of the Oct 30, 2026 payment	100% of the Oct 30, 2026 payment
Against its benchmark
Measure	QQQY	XVSP
Benchmark	Nasdaq-100, measured through QQQ	Space Exploration Technologies (SPCX)
Cost and size
Measure	QQQY	XVSP
Expense ratio	1.01%	0.85%
Net assets, as of Nov 3, 2026	$178m	$4.5m
Holdings
Measure	QQQY	XVSP
Holdings in common	0%

Method

What they share

By the books each fund has filed, QQQY and XVSP hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QQQY XVSP

Only in one fund ↓

Only in QQQY

Ndx 12/18/2026 1000.34 C 98.45%

Ndx 11/05/2026 28516.79 C 0.38%

Ndx 11/05/2026 28437.17 C -0.51%

Only in XVSP

2027-01-21 S&P 500® Mini Index P 1,500.03 342.87%

2027-01-21 S&P 500® Mini Index C 500.03 122.35%

Space Exploration Technologies Corp. (Class A) 50.05%

2027-01-21 S&P 500® Mini Index C 1,500.03 0.00%

2027-01-22 Space Exploration Technologies Corp. (Class A) C 1,327.41 0.00%

2027-01-21 S&P 500® Mini Index P 500.03 -0.49%

2026-11-06 Space Exploration Technologies Corp. (Class A) C 135 -0.52%

2027-01-22 Space Exploration Technologies Corp. (Class A) P 1,327.41 -416.73%

Check overlap with more funds →

Side by side

QQQY Defiance Nasdaq 100 Weekly Distribution ETF · Option income on QQQ, paying weekly XVSP FT Vest SPCX & Target Income ETF · Option income on SPCX

Issuer Defiance First Trust

Strategy option income option income

Benchmark Nasdaq-100 (QQQ) Space Exploration Technologies (SPCX)

Pays weekly not established

Payout rate, annualized 31.5% 16.6%

Expense ratio 1.01% 0.85%

Cash paid, 1 year 29.9% 2.7% (since launch, Aug 26, 2026)

Price change, 1 year −17.8% −4.6% (since launch, Aug 26, 2026)

Total return, 1 year +13.6% −2.2% (since launch, Aug 26, 2026)

Benchmark return, 1 year +12.3% −2.7% (since launch, Aug 26, 2026)

Ahead or behind +1.3 pts +0.5 pts (since launch, Aug 26, 2026)

Return of capital, latest estimate 81% 100%

Age 3.1 years 70 days

Net assets, as of Nov 3, 2026 $178m $4.5m

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

Window by window: QQQY vs XVSP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	QQQY	XVSP	QQQY	XVSP	QQQY	XVSP
3 months	−3.5%	–	7.3%	–	−0.1 pts	–
6 months	+0.4%	–	15.4%	–	+0.7 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 · XVSP Aug 2026	+49.8%	−2.2%	88.1%	2.7%	−37.0 pts	+0.4 pts

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Alert

About each fund

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.

XVSP

Over the period from its first trade on Aug 26, 2026 to Nov 4, 2026, XVSP paid 2.7% of its starting value in cash distributions while its price fell 4.6%. With every distribution reinvested, the fund returned −2.2%. Space Exploration Technologies (SPCX) returned −2.7% 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 periodically. First Trust estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, QQQY or XVSP?: QQQY charges 1.01% a year and XVSP charges 0.85%, so XVSP is cheaper. Fees come from each fund's prospectus.

Other comparisons

QQQY vs YSPC QQQY vs XSHP QQQY vs DYLG QQQY vs FGSI XVSP vs QRMI XVSP vs QYLG XVSP vs TDAQ XVSP vs CAIQ

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →QQQY on its own →XVSP on its own →QQQY dividend history →QQQY holdings →XVSP dividend history →XVSP holdings →Method →Standards and sources →

Sources and dates

QQQY filings on SEC EDGAR ↗

QQQY prospectus with the expense ratio (SEC) ↗

QQQY 19a-1 distribution notice ↗

Defiance page for QQQY ↗

XVSP filings on SEC EDGAR ↗

XVSP prospectus with the expense ratio (SEC) ↗

XVSP 19a-1 distribution notice ↗

First Trust page for XVSP ↗

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 XVSP, data as of Nov 4, 2026. https://etfiq.com/compare/income/qqqy-vs-xvsp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.