Data as of Nov 4, 2026.
QVOL vs XPAY: Dividend Yield & Total Return
QVOL and XPAY both write options for income.
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Net assets: $49m on Aug 31, 2026 for Infrastructure Capital Nasdaq Option Income ETF, and $187m on Nov 4, 2026 for Roundhill S&P 500 Target 20 Managed Distribution ETF.
7 pts behind ONEQ
QVOL since launch: paid 6.4%, price −13.6%, total −7.8%, ONEQ −0.8%, −7.0 pts. Data to Nov 4, 2026.
ONEQ
−0.8%
QVOL
−7.8%
7 pts behind ONEQ
Total return, distributions reinvested
7 pts behind ONEQ
QVOL since launch: paid 6.4%, price −13.6%, total −7.8%, ONEQ −0.8%, −7.0 pts. Data to Nov 4, 2026.
ONEQ
−0.8%
QVOL
−7.8%
7 pts behind ONEQ
6.4% of it arrived as cash. Total return, distributions reinvested. QVOL since launch: paid 6.4%, price −13.6%, total −7.8%, ONEQ −0.8%, −7.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.0.8 pts behind VOO
XPAY over 1 year: paid 19.7%, price −7.2%, total +14.0%, VOO +14.8%, −0.8 pts. Data to Nov 4, 2026.
VOO
+14.8%
XPAY
+14.0%
19.7% of it arrived as cash
0.8 pts behind VOO
Total return, distributions reinvested
0.8 pts behind VOO
XPAY over 1 year: paid 19.7%, price −7.2%, total +14.0%, VOO +14.8%, −0.8 pts. Data to Nov 4, 2026.
VOO
+14.8%
XPAY
+14.0%
19.7% cash
0.8 pts behind VOO
19.7% of it arrived as cash. Both charts share one scale, with zero at the line. XPAY over 1 year: paid 19.7%, price −7.2%, total +14.0%, VOO +14.8%, −0.8 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
XPAY costs 0.33 points a year less.
Points (pts) are percentage points.
| Measure | QVOL | XPAY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +14.0% |
| Price change | fell 13.6% (since May 12, 2026) | fell 7.2% (1 year) |
| Return of capital, issuer estimate | 100% of the Oct 15, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Fidelity Nasdaq Composite Index ETF, measured through ONEQ | Vanguard S&P 500 ETF, measured through VOO |
| Against its benchmark, same days | behind by 7.0 pts | behind by 0.8 pts |
| Cost and size | ||
| Expense ratio | 0.82% | 0.49% |
| Net assets, QVOL as of Aug 31, 2026 and XPAY as of Nov 4, 2026 | $49m | $187m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, QVOL and XPAY hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 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 | QVOL | XPAY | QVOL | XPAY | QVOL | XPAY |
| 3 months | −12.2% | −0.3% | 3.2% | 5.0% | −10.0 pts | −0.2 pts |
| 6 months | – | +4.9% | – | 10.0% | – | −0.1 pts |
| 1 year | – | +14.0% | – | 19.7% | – | −0.9 pts |
| Since launchNot the same days: QVOL May 2026 · XPAY Oct 2024 | −7.8% | +35.6% | 6.4% | 39.0% | −7.0 pts | −2.6 pts |
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QVOL
Over the period from its first trade on May 12, 2026 to Nov 4, 2026, QVOL paid 6.4% of its starting value in cash distributions while its price fell 13.6%. With every distribution reinvested, the fund returned −7.8%. Fidelity Nasdaq Composite Index ETF (ONEQ) returned −0.8% over the same days, so a holder was behind by 7.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 15.3%, paid monthly.
XPAY
Over the year to Nov 4, 2026, XPAY paid 19.7% of its starting value in cash distributions while its price fell 7.2%. With every distribution reinvested, the fund returned +14.0%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 21.1%, paid monthly. Roundhill estimates that 100% of the distribution paid Oct 15, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
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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, QVOL against XPAY, data as of Nov 4, 2026. https://etfiq.com/compare/income/qvol-vs-xpay
ETFIQ. (Nov 4, 2026). QVOL against XPAY. Retrieved from https://etfiq.com/compare/income/qvol-vs-xpay
[QVOL against XPAY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qvol-vs-xpay)
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