Data as of Nov 4, 2026.

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Income ETFs

QYLD vs XQQI: Dividend Yield & Total Return

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QYLD and XQQI both write options for income.

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Net assets: $8.5bn on Oct 12, 2026 for Global X NASDAQ 100 Covered Call ETF, and $408m on Oct 28, 2026 for NEOS Boosted Nasdaq-100 High Income ETF.

At a glance
12.3%
QYLD cash paid, 1 year
17.0%
XQQI cash paid, since launch, Feb 3, 2026
+16.5%
QYLD total return, 1 year
+7.7%
XQQI total return, since launch, Feb 3, 2026
QYLD · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ
QYLD
+16.5%
QQQ
+12.3%

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.
XQQI · since launch to Nov 4, 2026 4.9 pts behind QQQ
XQQI
+7.7%
QQQ
+12.6%

4.9 pts behind QQQ

XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.6%

XQQI

+7.7%

17.0% of it arrived as cash

4.9 pts behind QQQ

Total return, distributions reinvested

4.9 pts behind QQQ

XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.6%

XQQI

+7.7%

4.9 pts behind QQQ

17.0% of it arrived as cash. Both charts share one scale, with zero at the line. XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QYLD costs 0.38 points a year less; QYLD is far larger, $8.5bn against $420m.

Points (pts) are percentage points.

QYLD vs XQQI: Dividend Yield & Total Return
MeasureQYLDXQQI
Paid and earned
Total return, 1 year+16.5%not published
Price changerose 3.3% (1 year)fell 9.2% (since Feb 3, 2026)
Return of capital, issuer estimate99% of the Sep 24, 2026 payment100% of the Oct 9, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQNasdaq-100, measured through QQQ
Cost and size
Expense ratio0.60%0.98%
Net assets, as of Oct 12, 2026$8.5bn$420m
Holdings
Holdings in common96%

Method

Risk and return

Feb 13, 2026 to Oct 30, 2026 · 37 weekly returns
QYLD XQQI
Return
Total return edge QYLD +11.5% +10.2%
Price return edge QYLD +1.9% −3.8%
Risk
Max drawdown edge QYLD −3.9% −10.8%
Reading

From Feb 2026 to Oct 2026, QYLD returned more: +11.5% to +10.2%. QYLD fell less at its worst: −3.9% to −10.8%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: QYLD vs XQQI: Dividend Yield & Total Return
MeasureQYLDXQQIEdgeHow it is measured
Return
Total return+11.5%+10.2%QYLDPrice change plus distributions, reinvested.
Price return+1.9%−3.8%QYLDPrice change alone, distributions left out.
Risk
Max drawdown−3.9%−10.8%QYLDDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 37 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

96%

By the books each fund has filed, QYLD and XQQI hold 96% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

0 half 100%

half

96% in common

Positions both hold · largest shared weight first QYLD XQQI
NVIDIA CORPORATION 8.20% 8.71%
APPLE INC. 7.65% 8.50%
MICROSOFT CORPORATION 5.82% 6.78%
AMAZON.COM, INC. 4.93% 4.74%
MICRON TECHNOLOGY, INC. 4.32% 4.63%
ADVANCED MICRO DEVICES, INC. 3.62% 3.78%
ALPHABET INC. 3.50% 2.90%
META PLATFORMS, INC. 2.78% 3.22%
BROADCOM INC. 3.11% 2.78%
ALPHABET INC. 3.28% 2.70%
TESLA, INC. 2.62% 3.64%
WALMART INC. 2.53% 2.93%
Only in one fund ↓
Only in QYLD
WARNER BROS. DISCOVERY, INC. 0.31%
ELECTRONIC ARTS INC 0.25%
THE KRAFT HEINZ COMPANY 0.14%
Only in XQQI
NDX US 01/15/27 C30500 0.71%
Moderna Inc 0.35%
NDX US 12/18/26 C29625 -0.60%
NDX US 12/18/26 C29000 -0.93%
NDX US 01/15/27 P30500 -4.52%
Check overlap with more funds →

Side by side

QYLD Global X NASDAQ 100 Covered Call ETF · Covered call on QQQ, paying monthly XQQI NEOS Boosted Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly
Issuer Global X NEOS
Strategy covered call option income
Benchmark Nasdaq-100 (QQQ) Nasdaq-100 (QQQ)
Pays monthly monthly
Payout rate, annualized 12.2% 20.2%
Expense ratio 0.60% 0.98%
Cash paid, 1 year 12.3% 17.0% (since launch, Feb 3, 2026)
Price change, 1 year +3.3% −9.2% (since launch, Feb 3, 2026)
Total return, 1 year +16.5% +7.7% (since launch, Feb 3, 2026)
Benchmark return, 1 year +12.3% +12.6% (since launch, Feb 3, 2026)
Ahead or behind +4.2 pts −4.9 pts (since launch, Feb 3, 2026)
Return of capital, latest estimate 99% 100%
Age 12.9 years 274 days
Net assets, QYLD as of Oct 12, 2026 and XQQI as of Oct 28, 2026 $8.5bn $408m

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

Window by window: QYLD vs XQQI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowQYLDXQQIQYLDXQQIQYLDXQQI
3 months+2.4%−4.1%3.0%5.0%+5.9 pts−0.6 pts
6 months+5.4%−3.0%6.0%10.0%+5.8 pts−2.6 pts
1 year+16.5%–12.3%–+4.2 pts–
3 years+52.7%–37.9%–−38.6 pts–
Since launchNot the same days: QYLD Dec 2013 · XQQI Feb 2026+194.8%+7.7%117.5%17.0%−610.5 pts−4.9 pts

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Client brief

No client brief for this pair: ETFIQ prints no one-year total return for XQQI.

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About each fund
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.

XQQI

Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XQQI paid 17.0% of its starting value in cash distributions while its price fell 9.2%. With every distribution reinvested, the fund returned +7.7%. Nasdaq-100 (QQQ) returned +12.6% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 20.2%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 9, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, QYLD or XQQI?
QYLD charges 0.60% a year and XQQI charges 0.98%, so QYLD is cheaper. Fees come from each fund's prospectus.
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ETFIQ, QYLD against XQQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/qyld-vs-xqqi

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