Data as of Nov 4, 2026.
QYLD vs QYLG: Dividend Yield & Total Return
Over the year to Nov 4, 2026, QYLG paid 16.7% of its price in cash against QYLD’s 12.3%, though QYLD returned more with it reinvested.
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Net assets on Oct 12, 2026: $8.5bn for Global X NASDAQ 100 Covered Call ETF and $183m for Global X Nasdaq 100 Covered Call & Growth ETF.
4.2 pts ahead of QQQ
QYLD over 1 year: paid 12.3%, price +3.3%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QYLD
+16.5%
12.3% of it arrived as cash
4.2 pts ahead of QQQ
Total return, distributions reinvested
4.2 pts ahead of QQQ
QYLD over 1 year: paid 12.3%, price +3.3%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QYLD
+16.5%
12.3% as cash
4.2 pts ahead of QQQ
12.3% of it arrived as cash. Total return, distributions reinvested. QYLD over 1 year: paid 12.3%, price +3.3%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.2.1 pts ahead of QQQ
QYLG over 1 year: paid 16.7%, price −3.9%, total +14.4%, QQQ +12.3%, +2.1 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QYLG
+14.4%
16.7% of it arrived as cash
2.1 pts ahead of QQQ
Total return, distributions reinvested
2.1 pts ahead of QQQ
QYLG over 1 year: paid 16.7%, price −3.9%, total +14.4%, QQQ +12.3%, +2.1 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QYLG
+14.4%
16.7% as cash
2.1 pts ahead of QQQ
16.7% of it arrived as cash. Both charts share one scale, with zero at the line. QYLG over 1 year: paid 16.7%, price −3.9%, total +14.4%, QQQ +12.3%, +2.1 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
QYLG costs 0.25 points a year less; their one-year returns differ by 2.1 points; QYLD is far larger, $8.5bn against $183m.
Points (pts) are percentage points.
| Measure | QYLD | QYLG |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +16.5% | +14.4% |
| Price change, 1 year | rose 3.3% | fell 3.9% |
| Return of capital, issuer estimate | 99% of the Sep 24, 2026 payment | 93% of the Sep 24, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.60% | 0.35% |
| Net assets, as of Oct 12, 2026 | $8.5bn | $183m |
| Holdings | ||
| Holdings in common | not published | |
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
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 →
Risk and return
Oct 2, 2020 to Oct 30, 2026 · 317 weekly returns · each against QQQFrom Oct 2020 to Oct 2026, QYLG returned more: +111.1% to +74.8%. QYLD swung less: 12.8% to 16.4%. QYLD fell less at its worst: −24.5% to −29.9%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | QYLD | QYLG | QQQ | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +74.8% | +111.1% | QYLG | Price change plus distributions, reinvested. | |
| Annualized | +9.6% | +13.0% | QYLG | Total return as a yearly rate. | |
| Price return | −16.8% | +4.8% | QYLG | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 12.8% | 16.4% | QYLD | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 9.0% | 11.0% | QYLD | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −24.5% | −29.9% | QYLD | Deepest fall from a high to the low after it. | |
| Upside capture | 36.7% | 63.8% | 100.0% | QYLG | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 63.7% | 84.8% | 100.0% | QYLD | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.53 | 0.76 | 1.00 | QYLD lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.76 | 0.96 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 0.53 | 0.63 | QYLG | Return above Treasury bills per unit of volatility. | |
| Sortino | 0.75 | 0.94 | QYLG | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.127 | 0.136 | 0.147 | QYLG (slight) | Return above Treasury bills per unit of beta. |
| Calmar | 0.39 | 0.44 | QYLG | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | QQQ | QQQ | QQQ | The ETF each fund is measured against. | |
| Alpha | −1.1% a year | −0.8% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.42 | −0.60 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −6.1% to +3.9% | −3.6% to +1.9% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.68 | −0.72 | QYLD (slight) | Return against its benchmark per unit of tracking error. | |
| Tracking error | 11.7% | 6.1% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 317 weekly returns. Cash rate: the 13-week Treasury bill.
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 | QYLD | QYLG | QYLD | QYLG | QYLD | QYLG |
| 3 months | +2.4% | −0.8% | 3.0% | 1.6% | +5.9 pts | +2.6 pts |
| 6 months | +5.4% | +2.5% | 6.0% | 4.0% | +5.8 pts | +2.8 pts |
| 1 year | +16.5% | +14.4% | 12.3% | 16.7% | +4.2 pts | +2.1 pts |
| 3 years | +52.7% | +72.0% | 37.9% | 52.1% | −38.6 pts | −19.4 pts |
| Since launchNot the same days: QYLD Dec 2013 · QYLG Sep 2020 | +194.8% | +116.2% | 117.5% | 76.4% | −610.5 pts | −46.8 pts |
Client brief:
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QYLD
Over the year to Nov 4, 2026, QYLD paid 12.3% of its starting value in cash distributions while its price rose 3.3%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.2%, paid monthly. Global X estimates that 99% 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.
QYLG
Over the year to Nov 4, 2026, QYLG paid 16.7% of its starting value in cash distributions while its price fell 3.9%. With every distribution reinvested, the fund returned +14.4%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 2.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.1%, paid monthly. Global X estimates that 93% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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How this is computed
It is a place in a set, not a rating or a recommendation.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, QYLD against QYLG, data as of Nov 4, 2026. https://etfiq.com/compare/income/qyld-vs-qylg
ETFIQ. (Nov 4, 2026). QYLD against QYLG. Retrieved from https://etfiq.com/compare/income/qyld-vs-qylg
[QYLD against QYLG (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qyld-vs-qylg)
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