Data as of .
QQQY vs XVSP: which paid, and which earned it?
QQQY and XVSP both write options for income.
What they hold in common
By the books each fund has filed, QQQY and XVSP hold 0% of their money in the same securities at the same weight.
| Only in QQQY | Only in XVSP |
|---|---|
| Ndx 12/18/2026 1000.34 C 98.70% | 2026-10-23 S&P 500® Mini Index P 1,500.03 304.12% |
| Cash & Other 0.95% | 2026-10-23 S&P 500® Mini Index C 500.03 110.96% |
| First American Government Obligations Fund 12/01/2031 0.49% | Space Exploration Technologies Corp. (Class A) 51.81% |
| Ndx 09/21/2026 29730.14 C 0.20% | 2026-10-23 S&P 500® Mini Index C 1,500.03 0.00% |
| Ndx 09/21/2026 29644.17 C -0.34% | 2026-10-23 Space Exploration Technologies Corp. (Class A) C 1,232.73 0.00% |
| 2026-10-23 S&P 500® Mini Index P 500.03 -0.04% | |
| 2026-09-25 Space Exploration Technologies Corp. (Class A) C 152.50 -0.31% | |
| 2026-10-23 Space Exploration Technologies Corp. (Class A) P 1,232.73 -366.53% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| QQQY | XVSP | QQQY | XVSP | QQQY | XVSP | |
| 3 months | −0.5% | not published | 8.0% | not published | +2.0 pts | not published |
| 6 months | +24.3% | not published | 17.4% | not published | +0.1 pts | not published |
| 1 year | +21.1% | not published | 30.5% | not published | −0.6 pts | not published |
| 3 years | +59.1% | not published | 88.1% | not published | −39.0 pts | not published |
| Since launch | +56.9% | +9.2% | 86.8% | 0.0% | −37.7 pts | +9.6 pts |
| QQQY Defiance Nasdaq 100 Weekly Distribution ETF Option income on QQQ, paying weekly | XVSP FT Vest SPCX & Target Income ETF Option income on SPY | |
|---|---|---|
| Issuer | Defiance | First Trust |
| Strategy | option income | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY), used as the proxy |
| Pays | weekly | not established |
| Payout rate, annualized | 29.5% | not published |
| Expense ratio | 1.01% | not published |
| Cash paid, 1 year | 30.5% | 0.0% (since launch on Aug 26, 2026) |
| Price change, 1 year | −13.2% | +9.2% |
| Total return, 1 year | +21.1% | +9.2% (since launch on Aug 26, 2026) |
| Benchmark return, 1 year | +21.8% | −0.3% |
| Ahead or behind | −0.6 pts | +9.6 pts |
| Return of capital, latest estimate | 69% | not published |
| Age | 1100 days | 23 days |
| Net assets | $188m | $2m |
QQQY in plain words
Over the year to Sep 18, 2026, QQQY paid 30.5% of its starting value in cash distributions while its price fell 13.2%. With every distribution reinvested, the fund returned +21.1%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.5%, paid weekly. Defiance estimates that 69% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
XVSP in plain words
Over the period since launch on Aug 26, 2026 to Sep 18, 2026, XVSP paid 0.0% of its starting value in cash distributions while its price rose 9.2%. With every distribution reinvested, the fund returned +9.2%. S&P 500 (SPY), used as the proxy returned −0.3% over the same days, so a holder was ahead by 9.6 pts.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QQQY against XVSP, data as of Sep 18, 2026. https://etfiq.com/compare/income/qqqy-vs-xvsp Free to use with attribution; the underlying files are at Open data.