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Data as of .

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

Over the year WDTE paid 28.0% 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 Defiance S&P 500 Weekly Distribution ETF.

12.5%QYLD cash paid, 1 year
28.0%WDTE cash paid, 1 year
+23.0%QYLD total return, 1 year
+15.8%WDTE total return, 1 year

ETFIQ Return Stability Score: QYLD scores higher

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

QYLD 82.7WDTE 413.8, the lowest in this set96.8, the highest

A percentile among the 173 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

QYLD1.2 pts ahead of QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QYLD+23.0%12.5% of it arrived as cash1.2 pts ahead of QQQTotal return, distributions reinvestedQQQ+21.8%QYLD+23.0%12.5% cash1.2 pts ahead of QQQ
WDTE0.8 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%WDTE+15.8%28.0% of it arrived as cash0.8 pts behind SPYTotal return, distributions reinvestedSPY+16.6%WDTE+15.8%28.0% as cash0.8 pts behind SPY

What they hold in common

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

Only in each
Only in QYLDOnly in WDTE
NVIDIA CORP 8.54%Spx Us 12/18/26 C600 92.83%
APPLE INC 7.82%First American Government Obligations Fund 12/01/2031 6.61%
MICROSOFT CORP 5.84%Cash & Other 0.69%
MICRON TECHNOLOGY INC 5.05%Spx 09/21/2026 7674.22 C 0.11%
AMAZON.COM INC 4.36%Spx 09/21/2026 7650.5 C -0.24%
ADVANCED MICRO DEVICES 4.02%
ALPHABET INC-CL A 3.27%
META PLATFORMS INC 3.15%

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 Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

QYLD and WDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QYLDWDTEQYLDWDTEQYLDWDTE
3 months+3.2%+3.2%3.0%7.4%+5.7 pts+0.9 pts
6 months+14.5%+17.3%6.3%15.7%−9.7 pts−0.7 pts
1 year+23.0%+15.8%12.5%28.0%+1.2 pts−0.8 pts
3 years+55.3%+49.2%36.6%77.8%−42.9 pts−29.2 pts
Since launch+198.3%+49.2%116.0%77.8%−644.6 pts−29.2 pts
Open the live comparison on ETFIQ
QYLD and WDTE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
QYLD
Global X NASDAQ 100 Covered Call ETF
Covered call on QQQ, paying monthly
WDTE
Defiance S&P 500 Weekly Distribution ETF
Option income on SPY, paying weekly
IssuerGlobal XDefiance
Strategycovered calloption income
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysmonthlyweekly
Payout rate, annualized11.8%29.9%
Expense ratio0.60%1.03%
Cash paid, 1 year12.5%28.0%
Price change, 1 year+9.1%−14.8%
Total return, 1 year+23.0%+15.8%
Benchmark return, 1 year+21.8%+16.6%
Ahead or behind+1.2 pts−0.8 pts
Return of capital, latest estimate100%38%
Age4663 days1095 days
Net assets$8.5bn$71m

QYLD in plain words

Over the year to Sep 18, 2026, QYLD paid 12.5% of its starting value in cash distributions while its price rose 9.1%. With every distribution reinvested, the fund returned +23.0%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was ahead by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.8%, 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).

WDTE in plain words

Over the year to Sep 18, 2026, WDTE paid 28.0% of its starting value in cash distributions while its price fell 14.8%. With every distribution reinvested, the fund returned +15.8%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.9%, paid weekly. Defiance estimates that 38% of the distribution paid Sep 18, 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 WDTE?
Over the year to Sep 18, 2026, QYLD paid 12.5% of its starting price in cash and WDTE paid 28.0%, so WDTE 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 WDTE?
With every distribution reinvested, QYLD returned +23.0% and WDTE returned +15.8% over the year to Sep 18, 2026, so QYLD returned more.
Which is cheaper, QYLD or WDTE?
QYLD charges 0.60% a year and WDTE charges 1.03%, 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 WDTE, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, QYLD against WDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/qyld-vs-wdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources