Data as of Nov 4, 2026.

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Income ETFs

QRMI vs YSPC: Dividend Yield & Total Return

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QRMI and YSPC both write options for income.

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Net assets: $15m on Oct 12, 2026 for Global X NASDAQ 100 Risk Managed Income ETF, and $42m on Nov 3, 2026 for YieldMax SPCX Option Income Strategy ETF.

At a glance
11.6%
QRMI cash paid, 1 year
16.7%
YSPC cash paid, since launch, Jul 15, 2026
+3.7%
QRMI total return, 1 year
−2.1%
YSPC total return, since launch, Jul 15, 2026
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.
YSPC · since launch to Nov 4, 2026 2.6 pts behind SPCX
YSPC
−2.1%
SPCX
+0.5%

2.6 pts behind SPCX

YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

SPCX

+0.5%

YSPC

−2.1%

2.6 pts behind SPCX

Total return, distributions reinvested

2.6 pts behind SPCX

YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

SPCX

+0.5%

YSPC

−2.1%

2.6 pts behind SPCX

16.7% of it arrived as cash. Both charts share one scale, with zero at the line. YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QRMI costs 0.41 points a year less; YSPC is 2.5 times larger.

Points (pts) are percentage points.

QRMI vs YSPC: Dividend Yield & Total Return
MeasureQRMIYSPC
Paid and earned
Total return, 1 year+3.7%not published
Price changefell 8.1% (1 year)fell 18.2% (since Jul 15, 2026)
Return of capital, issuer estimate100% of the Sep 24, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQSpace Exploration Technologies (SPCX)
Cost and size
Expense ratio0.60%1.01%
Net assets, as of Oct 12, 2026$15m$37m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, QRMI and YSPC hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QRMI YSPC
Only in one fund ↓
Only in QRMI
NVIDIA CORPORATION 8.14%
APPLE INC. 7.60%
MICROSOFT CORPORATION 5.78%
AMAZON.COM, INC. 4.90%
MICRON TECHNOLOGY, INC. 4.29%
ADVANCED MICRO DEVICES, INC. 3.60%
ALPHABET INC. 3.48%
ALPHABET INC. 3.26%
Only in YSPC
United States Treasury Note/Bond 2.375% 05/15/2027 29.45%
United States Treasury Note/Bond 3.375% 09/15/2027 13.87%
SPCX 11/20/2026 165.01 C 0.32%
SPCX US 11/06/26 C145 0.13%
SPCX US 11/06/26 C146 0.11%
SPCX US 11/06/26 C141 -0.11%
SPCX US 11/06/26 C140 -0.72%
SPCX 11/20/2026 165.01 P -21.73%
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Side by side

QRMI Global X NASDAQ 100 Risk Managed Income ETF · Option income on QQQ, paying monthly YSPC YieldMax SPCX Option Income Strategy ETF · Synthetic covered call on SPCX, paying weekly
Strategy option income synthetic covered call
Benchmark Nasdaq-100 (QQQ) Space Exploration Technologies (SPCX)
Pays monthly weekly
Payout rate, annualized 12.2% 60.1%
Expense ratio 0.60% 1.01%
Cash paid, 1 year 11.6% 16.7% (since launch, Jul 15, 2026)
Price change, 1 year −8.1% −18.2% (since launch, Jul 15, 2026)
Total return, 1 year +3.7% −2.1% (since launch, Jul 15, 2026)
Benchmark return, 1 year +12.3% +0.5% (since launch, Jul 15, 2026)
Ahead or behind −8.6 pts −2.6 pts (since launch, Jul 15, 2026)
Return of capital, latest estimate 100% not published
Age 5.2 years 112 days
Net assets, QRMI as of Oct 12, 2026 and YSPC as of Nov 3, 2026 $15m $42m

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 YSPC: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowQRMIYSPCQRMIYSPCQRMIYSPC
3 months−0.1%+11.7%3.0%18.2%+3.4 pts−13.8 pts
6 months+1.0%–5.9%–+1.3 pts–
1 year+3.7%–11.6%–−8.6 pts–
3 years+25.7%–35.0%–−65.7 pts–
Since launchNot the same days: QRMI Aug 2021 · YSPC Jul 2026+8.5%−2.1%42.0%16.7%−83.2 pts−2.5 pts

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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.

YSPC

Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, YSPC paid 16.7% of its starting value in cash distributions while its price fell 18.2%. With every distribution reinvested, the fund returned −2.1%. Space Exploration Technologies (SPCX) returned +0.5% over the same days, so a holder was behind by 2.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.1%, paid weekly.

Questions people ask

Which is cheaper, QRMI or YSPC?
QRMI charges 0.60% a year and YSPC charges 1.01%, so QRMI is cheaper. Fees come from each fund's prospectus.
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ETFIQ, QRMI against YSPC, data as of Nov 4, 2026. https://etfiq.com/compare/income/qrmi-vs-yspc

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