Which paid more, QRMI or SCLZ?

Over the year to Nov 4, 2026, QRMI paid 11.6% of its starting price in cash and SCLZ paid 8.5%, so QRMI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, QRMI or SCLZ?

With every distribution reinvested, QRMI returned +3.7% and SCLZ +10.6% over the year to Nov 4, 2026.

Which is cheaper, QRMI or SCLZ?

QRMI charges 0.60% a year and SCLZ charges 0.79%, so QRMI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

QRMI vs SCLZ: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, QRMI paid 11.6% of its price in cash against SCLZ’s 8.5%, though SCLZ returned more with it reinvested.

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Net assets: $15m on Oct 12, 2026 for Global X NASDAQ 100 Risk Managed Income ETF, and $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF.

QRMI on its own →SCLZ on its own →

At a glance

11.6%

QRMI cash paid, 1 year

8.5%

SCLZ cash paid, 1 year

+3.7%

QRMI total return, 1 year

+10.6%

SCLZ total return, 1 year

QRMI · 1 year to Nov 4, 2026 8.6 pts behind QQQ

QRMI

+3.7%

QQQ

+12.3%

8.6 pts behind QQQ

QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QRMI

+3.7%

11.6% as cash

8.6 pts behind QQQ

Total return, distributions reinvested

8.6 pts behind QQQ

QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QRMI

+3.7%

8.6 pts behind QQQ

11.6% of it arrived as cash. Total return, distributions reinvested. QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

SCLZ · 1 year to Nov 4, 2026 4.2 pts behind SPY

SCLZ

+10.6%

SPY

+14.8%

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% of it arrived as cash

4.2 pts behind SPY

Total return, distributions reinvested

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% cash

4.2 pts behind SPY

8.5% of it arrived as cash. Both charts share one scale, with zero at the line. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QRMI costs 0.19 points a year less; their one-year returns differ by 6.9 points.

Points (pts) are percentage points.

QRMI vs SCLZ: Dividend Yield & Total Return
Measure	QRMI	SCLZ
Paid and earned
Measure	QRMI	SCLZ
Total return, 1 year	+3.7%	+10.6%
Price change, 1 year	fell 8.1%	rose 1.6%
Return of capital, issuer estimate	100% of the Sep 24, 2026 payment
Against its benchmark
Measure	QRMI	SCLZ
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	QRMI	SCLZ
Expense ratio	0.60%	0.79%
Net assets, QRMI as of Oct 12, 2026 and SCLZ as of Jun 30, 2026	$15m	$20m
Holdings
Measure	QRMI	SCLZ
Holdings in common	47%

ETFIQ Distribution Coverage Score · SCLZ scores higher How much of what it paid out did its total return cover?

IQ Income Score27.2QRMI71.6SCLZ

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

QRMI 27.2

SCLZ 71.6

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

47%

By the books each fund has filed, QRMI and SCLZ hold 47% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

47% in common

Positions both hold · largest shared weight first QRMI SCLZ

APPLE INC. 7.60% 6.20%

NVIDIA CORPORATION 8.14% 6.03%

MICRON TECHNOLOGY, INC. 4.29% 7.95%

AMAZON.COM, INC. 4.90% 3.77%

MICROSOFT CORPORATION 5.78% 3.74%

ADVANCED MICRO DEVICES, INC. 3.60% 5.18%

ALPHABET INC. 3.48% 5.22%

BROADCOM INC. 3.10% 4.74%

META PLATFORMS, INC. 2.77% 3.36%

CISCO SYSTEMS, INC. 2.12% 3.03%

TESLA, INC. 2.60% 1.81%

WALMART INC. 2.51% 1.49%

Only in one fund ↓

Only in QRMI

ALPHABET INC. 3.26%

INTEL CORPORATION 2.10%

APPLIED MATERIALS, INC. 1.86%

LAM RESEARCH CORPORATION 1.70%

PALO ALTO NETWORKS, INC. 1.25%

TEXAS INSTRUMENTS INCORPORATED 1.17%

KLA CORPORATION 1.11%

LINDE PUBLIC LIMITED COMPANY 1.03%

Only in SCLZ

ELI LILLY & COMPANY 3.88%

JP MORGAN CHASE & COMPANY 3.53%

BERKSHIRE HATHAWAY INC 3.12%

GE AEROSPACE 2.76%

JOHNSON & JOHNSON 2.43%

VISA INC 2.29%

EXXON MOBIL CORP 1.94%

CATERPILLAR INC 1.86%

Check overlap with more funds →

Side by side

QRMI Global X NASDAQ 100 Risk Managed Income ETF · Option income on QQQ, paying monthly SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly

Issuer Global X Swan

Strategy option income dividend stocks with call overlay

Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 12.2% 8.7%

Expense ratio 0.60% 0.79%

Cash paid, 1 year 11.6% 8.5%

Price change, 1 year −8.1% +1.6%

Total return, 1 year +3.7% +10.6%

Benchmark return, 1 year +12.3% +14.8%

Ahead or behind −8.6 pts −4.2 pts

Return of capital, latest estimate 100% not published

Age 5.2 years 2.7 years

Net assets, QRMI as of Oct 12, 2026 and SCLZ as of Jun 30, 2026 $15m $20m

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: QRMI vs SCLZ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	QRMI	SCLZ	QRMI	SCLZ	QRMI	SCLZ
3 months	−0.1%	0.0%	3.0%	2.1%	+3.4 pts	+0.2 pts
6 months	+1.0%	+4.4%	5.9%	4.3%	+1.3 pts	−0.6 pts
1 year	+3.7%	+10.6%	11.6%	8.5%	−8.6 pts	−4.2 pts
3 years	+25.7%	–	35.0%	–	−65.7 pts	–
Since launchNot the same days: QRMI Aug 2021 · SCLZ Feb 2024	+8.5%	+35.4%	42.0%	21.2%	−83.2 pts	−20.8 pts

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Alert

About each fund

QRMI

Over the year to Nov 4, 2026, QRMI paid 11.6% of its starting value in cash distributions while its price fell 8.1%. With every distribution reinvested, the fund returned +3.7%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 8.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.2%, paid monthly. Global X estimates that 100% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

SCLZ

Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +10.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.7%, paid monthly.

Questions people ask

Which paid more, QRMI or SCLZ?: Over the year to Nov 4, 2026, QRMI paid 11.6% of its starting price in cash and SCLZ paid 8.5%, so QRMI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, QRMI or SCLZ?: With every distribution reinvested, QRMI returned +3.7% and SCLZ +10.6% over the year to Nov 4, 2026.
Which is cheaper, QRMI or SCLZ?: QRMI charges 0.60% a year and SCLZ charges 0.79%, so QRMI is cheaper. Fees come from each fund's prospectus.

Other comparisons

QRMI vs APRH QRMI vs APRJ QRMI vs BIGY QRMI vs JANH SCLZ vs KIQQ SCLZ vs FTQI SCLZ vs GPIQ SCLZ vs JEPQ

Where to next

Nasdaq-100 (QQQ) →S&P 500 (SPY) →QRMI on its own →SCLZ on its own →QRMI dividend history →QRMI holdings →SCLZ dividend history →SCLZ holdings →Method →Standards and sources →

Sources and dates

QRMI filings on SEC EDGAR ↗

QRMI prospectus with the expense ratio (SEC) ↗

QRMI 19a-1 distribution notice ↗

Global X page for QRMI ↗

SCLZ filings on SEC EDGAR ↗

SCLZ prospectus with the expense ratio (SEC) ↗

Swan website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

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, QRMI against SCLZ, data as of Nov 4, 2026. https://etfiq.com/compare/income/qrmi-vs-sclz

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