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Data as of .

QYLD vs TSLY: which paid, and which earned it?

Over the year TSLY paid 53.2% of its price in cash against QYLD’s 12.5%, though QYLD returned more with it reinvested.

Global X NASDAQ 100 Covered Call ETF and YieldMax(R) TSLA Option Income Strategy ETF, side by side, income ETFs on ETFIQ.

12.5%QYLD cash paid, 1 year
53.2%TSLY cash paid, 1 year
+22.2%QYLD total return, 1 year
+3.9%TSLY total return, 1 year

ETFIQ Return Stability Score: QYLD scores higher

Was the payout funded by returns, or by your own capital?

QYLD 77.5TSLY 69.73.2, the lowest in this set96.9, the highest

A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

QYLD0.7 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%QYLD+22.2%12.5% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%QYLD+22.2%0.7 pts behind QQQ
TSLY4.8 pts ahead of TSLA · 1 year to Sep 11, 2026
TSLA−0.9%TSLY+3.9%53.2% as cash4.8 pts ahead of TSLATotal return, distributions reinvestedTSLA−0.9%TSLY+3.9%4.8 pts ahead of TSLA

What they hold in common

By the books each fund has filed, QYLD and TSLY hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in QYLDOnly in TSLY
NVIDIA CORP 8.46%TREASURY BILL 22.62%
APPLE INC 7.81%TREASURY BILL 22.39%
MICROSOFT CORP 5.90%TREASURY BILL 22.04%
MICRON TECHNOLOGY INC 4.86%TREASURY BILL 20.60%
AMAZON.COM INC 4.42%TREASURY BILL 12.35%
ADVANCED MICRO DEVICES 3.72%
ALPHABET INC-CL A 3.16%
META PLATFORMS INC 3.07%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 11, 2026.

Performance, window by window

QYLD and TSLY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QYLDTSLYQYLDTSLYQYLDTSLY
3 months+4.7%−9.9%3.0%10.8%+5.5 pts+0.2 pts
6 months+11.8%−7.9%6.2%22.0%−8.9 pts−1.3 pts
1 year+22.2%+3.9%12.5%53.2%−0.7 pts+4.8 pts
3 years+51.3%+19.4%36.6%83.5%−43.8 pts−17.2 pts
Since launch+195.4%+38.5%116.0%97.1%−639.0 pts−61.0 pts
Open the live comparison on ETFIQ
QYLD and TSLY on the same fields, as of Sep 11, 2026. Source: ETFIQ.
QYLD
Global X NASDAQ 100 Covered Call ETF
Covered call on QQQ, paying monthly
TSLY
YieldMax(R) TSLA Option Income Strategy ETF
Synthetic covered call on TSLA, paying weekly
IssuerGlobal XYieldMax
Strategycovered callsynthetic covered call
BenchmarkNasdaq-100 (QQQ)Tesla (TSLA)
Paysmonthlyweekly
Payout rate, annualized11.9%50.0%
Expense ratio0.60%1.07%
Cash paid, 1 year12.5%53.2%
Price change, 1 year+8.4%−44.2%
Total return, 1 year+22.2%+3.9%
Benchmark return, 1 year+23.0%−0.9%
Ahead or behind−0.7 pts+4.8 pts
Return of capital, latest estimate100%100%
Age4656 days1388 days

QYLD in plain words

Over the year to Sep 11, 2026, QYLD paid 12.5% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +22.2%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 11.9%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

TSLY in plain words

Over the year to Sep 11, 2026, TSLY paid 53.2% of its starting value in cash distributions while its price fell 44.2%. With every distribution reinvested, the fund returned +3.9%. Tesla (TSLA) returned −0.9% over the same days, so a holder was ahead by 4.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 50.0%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, QYLD or TSLY?
Over the year to Sep 11, 2026, QYLD paid 12.5% of its starting price in cash and TSLY paid 53.2%, so TSLY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, QYLD or TSLY?
With every distribution reinvested, QYLD returned +22.2% and TSLY returned +3.9% over the year to Sep 11, 2026, so QYLD returned more.
Which is cheaper, QYLD or TSLY?
QYLD charges 0.60% a year and TSLY charges 1.07%, so QYLD is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

QYLD against TSLY, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, QYLD against TSLY, data as of Sep 11, 2026. https://etfiq.com/compare/income/qyld-vs-tsly Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources