Which paid more, QXQ or YMAG?

Over the year to Nov 12, 2026, QXQ paid 15.1% of its starting price in cash and YMAG paid 32.7%, so YMAG paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, QXQ or YMAG?

With every distribution reinvested, QXQ returned +12.1% and YMAG +3.2% over the year to Nov 12, 2026.

Which is cheaper, QXQ or YMAG?

QXQ charges 0.98% a year and YMAG charges 1.34%, so QXQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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QXQ vs YMAG: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap

+8.9 pts

1 year to Nov 12, 2026: QXQ ahead, total return

Fee gap

0.36 pts

A year: QXQ 0.98%, YMAG 1.34%, per filings dated Jan 5, 2026 and Jun 18, 2026

Overlap

–

No book read for both funds

Net flow

–

Needs daily flows for both funds

Pair scorecard

QXQ costs 0.36 points a year less; their one-year returns differ by 8.9 points.

Points (pts) are percentage points.

QXQ vs YMAG: Dividend Yield & Total Return
Measure	QXQ	YMAG
Paid and earned
Measure	QXQ	YMAG
Total return, 1 year	+12.1%	+3.2%
Price change, 1 year	fell 4.7%	fell 30.1%
Return of capital, issuer estimate		100% of the Nov 13, 2026 payment
Against its benchmark
Measure	QXQ	YMAG
Benchmark	Nasdaq-100, measured through QQQ	its own holdings
Cost and size
Measure	QXQ	YMAG
Expense ratio	0.98%	1.34%
Net assets, QXQ as of Aug 31, 2026 and YMAG as of Nov 11, 2026	$82m	$266m
Holdings
Measure	QXQ	YMAG
Holdings in common	not published

Method

Key numbers

15.1%

QXQ cash paid, 1 year

32.7%

YMAG cash paid, 1 year

+12.1%

QXQ total return, 1 year

+3.2%

YMAG total return, 1 year

QXQ · 1 year to Nov 12, 2026 0.8 pts ahead of QQQ

QXQ

+12.1%

QQQ

+11.3%

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% of it arrived as cash

0.8 pts ahead of QQQ

Total return, distributions reinvested

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% as cash

0.8 pts ahead of QQQ

15.1% of it arrived as cash. Total return, distributions reinvested. QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

YMAG · 1 year to Nov 12, 2026 Not measured

YMAG

+3.2%

none

Not measured

YMAG over 1 year: paid 32.7%, price −30.1%, total +3.2%, not measured against a benchmark. Data to Nov 12, 2026.

YMAG

+3.2%

32.7% as cash

Total return, distributions reinvested

Not measured

YMAG over 1 year: paid 32.7%, price −30.1%, total +3.2%, not measured against a benchmark. Data to Nov 12, 2026.

YMAG

+3.2%

32.7% of it arrived as cash. Both charts share one scale, with zero at the line. YMAG over 1 year: paid 32.7%, price −30.1%, total +3.2%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

QXQ SGI Enhanced Nasdaq-100 ETF · Covered call on QQQ, paying quarterly YMAG YieldMax Magnificent 7 Fund of Option Income ETFs · Synthetic covered call on its own holdings, paying weekly

Issuer SGI YieldMax

Strategy covered call synthetic covered call

Benchmark Nasdaq-100 (QQQ) YMAG's own holdings, without the options (from its holdings of Nov 10, 2026)

Pays quarterly weekly

Payout rate, annualized 1.0% 36.3%

Expense ratio 0.98% 1.34%

Cash paid, 1 year 15.1% 32.7%

Price change, 1 year −4.7% −30.1%

Total return, 1 year +12.1% +3.2%

Benchmark return, 1 year +11.3% not published

Ahead or behind +0.8 pts not available

Return of capital, latest estimate not published 100%

Age 2.4 years 2.8 years

Net assets, QXQ as of Aug 31, 2026 and YMAG as of Nov 11, 2026 $82m $266m

As of Nov 12, 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: QXQ vs YMAG: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	QXQ	YMAG	QXQ	YMAG	QXQ	YMAG
3 months	−5.4%	−0.3%	0.2%	8.8%	+0.5 pts	not measured
6 months	−3.8%	−3.8%	0.5%	17.2%	+0.4 pts	not measured
1 year	+12.1%	+3.2%	15.1%	32.7%	+0.8 pts	not measured
Since launchNot the same days: QXQ Jun 2024 · YMAG Jan 2024	+47.7%	+65.2%	22.8%	92.1%	+2.2 pts	not measured

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Alert

About each fund

QXQ

Over the year to Nov 12, 2026, QXQ paid 15.1% of its starting value in cash distributions while its price fell 4.7%. With every distribution reinvested, the fund returned +12.1%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 1.0%, paid quarterly.

YMAG

No 1-year comparison: a quarter's holdings filing is missing from the year.

Over the year to Nov 12, 2026, YMAG paid 32.7% of its starting value in cash distributions while its price fell 30.1%. With every distribution reinvested, the fund returned +3.2%. At its price on Nov 12, 2026 the latest distribution annualizes to 36.3%, paid weekly. YieldMax estimates that 100% of the distribution paid Nov 13, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, QXQ or YMAG?: Over the year to Nov 12, 2026, QXQ paid 15.1% of its starting price in cash and YMAG paid 32.7%, so YMAG paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, QXQ or YMAG?: With every distribution reinvested, QXQ returned +12.1% and YMAG +3.2% over the year to Nov 12, 2026.
Which is cheaper, QXQ or YMAG?: QXQ charges 0.98% a year and YMAG charges 1.34%, so QXQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

QXQ vs ULTY QXQ vs KQQQ QXQ vs SIXH QXQ vs YYY YMAG vs QYLD YMAG vs JEPQ YMAG vs BALQ YMAG vs ACQQ

Where to next

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

Sources and dates

QXQ filings on SEC EDGAR ↗

QXQ prospectus with the expense ratio (SEC) ↗

SGI website ↗

YMAG filings on SEC EDGAR ↗

YMAG prospectus with the expense ratio (SEC) ↗

YMAG 19a-1 distribution notice ↗

YieldMax page for YMAG ↗

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

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, QXQ against YMAG, data as of Nov 12, 2026. https://etfiq.com/compare/income/qxq-vs-ymag

Open data →

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

Net assets: $82m on Aug 31, 2026 for SGI Enhanced Nasdaq-100 ETF, and $266m on Nov 11, 2026 for YieldMax Magnificent 7 Fund of Option Income ETFs.

QXQ on its own →YMAG on its own →

Growth of 100

QXQ and YMAG

Total return, distributions reinvested, 1 year.

QXQ +12.1%YMAG +3.2%

Nov 12, 2025Nov 12, 2026

QXQ +12.1%, YMAG +3.2%: QXQ +8.9 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.