Data as of Nov 4, 2026.
QYLD vs XDTE: Dividend Yield & Total Return
Over the year to Nov 4, 2026, XDTE paid 25.5% 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 $321m on Nov 4, 2026 for Roundhill S&P 500 0DTE Covered Call Strategy 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 SPY
XDTE over 1 year: paid 25.5%, price −13.2%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
SPY
+14.8%
XDTE
+14.6%
25.5% of it arrived as cash
about even with SPY
Total return, distributions reinvested
About even with SPY
XDTE over 1 year: paid 25.5%, price −13.2%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
SPY
+14.8%
XDTE
+14.6%
25.5% as cash
about even with SPY
25.5% of it arrived as cash. Both charts share one scale, with zero at the line. XDTE over 1 year: paid 25.5%, price −13.2%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
QYLD costs 0.37 points a year less; their one-year returns differ by 1.9 points; QYLD is far larger, $8.5bn against $330m.
Points (pts) are percentage points.
| Measure | QYLD | XDTE |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +16.5% | +14.6% |
| Price change, 1 year | rose 3.3% | fell 13.2% |
| Return of capital, issuer estimate | 99% of the Sep 24, 2026 payment | 100% of the Oct 30, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.60% | 0.97% |
| Net assets, as of Oct 12, 2026 | $8.5bn | $330m |
| 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
Mar 15, 2024 to Oct 30, 2026 · 137 weekly returnsEach against its own benchmark: QYLD against QQQ, Dec 20, 2013 to Oct 30, 2026; XDTE against SPY, Mar 15, 2024 to Oct 30, 2026.
From Mar 2024 to Oct 2026, XDTE returned more: +46.1% to +39.1%. QYLD swung slightly less: 12.3% to 13.2%. XDTE fell slightly less at its worst: −16.7% to −17.5%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | QYLD | XDTE | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +39.1% | +46.1% | XDTE | Price change plus distributions, reinvested. |
| Annualized | +13.3% | +15.5% | XDTE | Total return as a yearly rate. |
| Price return | +0.4% | −28.0% | QYLD | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 12.3% | 13.2% | QYLD (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 8.6% | 9.3% | QYLD (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −17.5% | −16.7% | XDTE (slight) | Deepest fall from a high to the low after it. |
| Upside capture | 37.8% | 83.4% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 64.8% | 91.0% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.55 | 0.87 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.77 | 0.92 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.73 | 0.83 | XDTE | Return above Treasury bills per unit of volatility. |
| Sortino | 1.04 | 1.19 | XDTE | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.127 | 0.127 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.76 | 0.93 | XDTE | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | QQQ | SPY | The ETF each fund is measured against. | |
| Alpha | −2.3% a year | −0.1% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −1.37 | −0.05 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −5.5% to +1.0% | −4.8% to +4.6% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.93 | −0.43 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 10.6% | 4.3% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 137 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, QYLD and XDTE hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 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 | XDTE | QYLD | XDTE | QYLD | XDTE |
| 3 months | +2.4% | +1.0% | 3.0% | 4.2% | +5.9 pts | +1.2 pts |
| 6 months | +5.4% | +5.5% | 6.0% | 9.3% | +5.8 pts | +0.5 pts |
| 1 year | +16.5% | +14.6% | 12.3% | 25.5% | +4.2 pts | −0.2 pts |
| 3 years | +52.7% | – | 37.9% | – | −38.6 pts | – |
| Since launchNot the same days: QYLD Dec 2013 · XDTE Mar 2024 | +194.8% | +47.4% | 117.5% | 60.8% | −610.5 pts | −6.4 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.
XDTE
Over the year to Nov 4, 2026, XDTE paid 25.5% of its starting value in cash distributions while its price fell 13.2%. With every distribution reinvested, the fund returned +14.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 12.4%, paid weekly. Roundhill estimates that 100% of the distribution paid Oct 30, 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 XDTE, data as of Nov 4, 2026. https://etfiq.com/compare/income/qyld-vs-xdte
ETFIQ. (Nov 4, 2026). QYLD against XDTE. Retrieved from https://etfiq.com/compare/income/qyld-vs-xdte
[QYLD against XDTE (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/qyld-vs-xdte)
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