Data as of Nov 4, 2026.
QYLD vs TDAQ: Dividend Yield & Total Return
Over the year to Nov 4, 2026, TDAQ paid 16.8% of its price in cash against QYLD’s 12.3%, though QYLD returned more with it reinvested.
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Net assets: $8.5bn on Oct 12, 2026 for Global X NASDAQ 100 Covered Call ETF, and $248m on Jun 30, 2026 for TappAlpha Innovation 100 Growth & Daily Income 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.About even with QQQ
TDAQ over 1 year: paid 16.8%, price −5.7%, total +12.0%, QQQ +12.3%, −0.3 pts. Data to Nov 4, 2026.
QQQ
+12.3%
TDAQ
+12.0%
16.8% of it arrived as cash
about even with QQQ
Total return, distributions reinvested
About even with QQQ
TDAQ over 1 year: paid 16.8%, price −5.7%, total +12.0%, QQQ +12.3%, −0.3 pts. Data to Nov 4, 2026.
QQQ
+12.3%
TDAQ
+12.0%
16.8% as cash
about even with QQQ
16.8% of it arrived as cash. Both charts share one scale, with zero at the line. TDAQ over 1 year: paid 16.8%, price −5.7%, total +12.0%, QQQ +12.3%, −0.3 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
QYLD costs 0.08 points a year less; their one-year returns differ by 4.5 points.
Points (pts) are percentage points.
| Measure | QYLD | TDAQ |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +16.5% | +12.0% |
| Price change, 1 year | rose 3.3% | fell 5.7% |
| Return of capital, issuer estimate | 99% of the Sep 24, 2026 payment | 98% of the Oct 21, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.60% | 0.68% |
| Net assets, QYLD as of Oct 12, 2026 and TDAQ as of Jun 30, 2026 | $8.5bn | $248m |
| Holdings | ||
| Holdings in common | 0% | |
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
Sep 12, 2025 to Oct 30, 2026 · 59 weekly returns · each against QQQFrom Sep 2025 to Oct 2026, QYLD returned more: +21.2% to +18.4%. QYLD swung less: 9.1% to 17.4%. QYLD fell less at its worst: −3.9% to −9.2%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | QYLD | TDAQ | QQQ | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +21.2% | +18.4% | QYLD | Price change plus distributions, reinvested. | |
| Annualized | +18.5% | +16.0% | QYLD | Total return as a yearly rate. | |
| Price return | +5.4% | −1.7% | QYLD | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 9.1% | 17.4% | QYLD | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 5.9% | 11.3% | QYLD | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −3.9% | −9.2% | QYLD | Deepest fall from a high to the low after it. | |
| Upside capture | 42.9% | 93.0% | 100.0% | TDAQ | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 49.6% | 96.6% | 100.0% | QYLD | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.42 | 0.93 | 1.00 | QYLD lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.73 | 0.97 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 1.50 | 0.72 | QYLD | Return above Treasury bills per unit of volatility. | |
| Sortino | 2.30 | 1.11 | QYLD | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.326 | 0.136 | 0.128 | QYLD | Return above Treasury bills per unit of beta. |
| Calmar | 4.72 | 1.75 | QYLD | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | QQQ | QQQ | QQQ | The ETF each fund is measured against. | |
| Alpha | +8.3% a year | +0.7% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 1.83 | 0.27 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −0.8% to +17.3% | −4.7% to +6.2% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | 0.07 | −0.06 | QYLD | Return against its benchmark per unit of tracking error. | |
| Tracking error | 11.8% | 3.2% | 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, 59 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, QYLD and TDAQ hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 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 | QYLD | TDAQ | QYLD | TDAQ | QYLD | TDAQ |
| 3 months | +2.4% | −2.9% | 3.0% | 4.3% | +5.9 pts | +0.5 pts |
| 6 months | +5.4% | −0.5% | 6.0% | 8.4% | +5.8 pts | −0.2 pts |
| 1 year | +16.5% | +12.0% | 12.3% | 16.8% | +4.2 pts | −0.3 pts |
| 3 years | +52.7% | – | 37.9% | – | −38.6 pts | – |
| Since launchNot the same days: QYLD Dec 2013 · TDAQ Sep 2025 | +194.8% | +21.6% | 117.5% | 19.6% | −610.5 pts | +0.6 pts |
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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.
TDAQ
Over the year to Nov 4, 2026, TDAQ paid 16.8% of its starting value in cash distributions while its price fell 5.7%. With every distribution reinvested, the fund returned +12.0%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 18.2%, paid monthly. TappAlpha estimates that 98% of the distribution paid Oct 21, 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.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, QYLD against TDAQ, data as of Nov 4, 2026. https://etfiq.com/compare/income/qyld-vs-tdaq
ETFIQ. (Nov 4, 2026). QYLD against TDAQ. Retrieved from https://etfiq.com/compare/income/qyld-vs-tdaq
[QYLD against TDAQ (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qyld-vs-tdaq)
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