Which is cheaper, QYLD or XVSP?

QYLD charges 0.60% a year and XVSP charges 0.85%, so QYLD is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

QYLD vs XVSP: Dividend Yield & Total Return

QYLD and XVSP 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 $4.5m on Nov 3, 2026 for FT Vest SPCX & Target Income ETF.

QYLD on its own →XVSP on its own →

At a glance

12.3%

QYLD cash paid, 1 year

2.7%

XVSP cash paid, since launch, Aug 26, 2026

+16.5%

QYLD total return, 1 year

−2.2%

XVSP total return, since launch, Aug 26, 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% 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.

XVSP · since launch to Nov 4, 2026 About even with SPCX

XVSP

−2.2%

SPCX

−2.7%

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

Total return, distributions reinvested

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

2.7% of it arrived as cash. Both charts share one scale, with zero at the line. XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QYLD costs 0.25 points a year less; QYLD is far larger, $8.5bn against $1.7m.

Points (pts) are percentage points.

QYLD vs XVSP: Dividend Yield & Total Return
Measure	QYLD	XVSP
Paid and earned
Measure	QYLD	XVSP
Total return, 1 year	+16.5%	not published
Price change	rose 3.3% (1 year)	fell 4.6% (since Aug 26, 2026)
Return of capital, issuer estimate	99% of the Sep 24, 2026 payment	100% of the Oct 30, 2026 payment
Against its benchmark
Measure	QYLD	XVSP
Benchmark	Nasdaq-100, measured through QQQ	Space Exploration Technologies (SPCX)
Cost and size
Measure	QYLD	XVSP
Expense ratio	0.60%	0.85%
Net assets, as of Oct 12, 2026	$8.5bn	$1.7m
Holdings
Measure	QYLD	XVSP
Holdings in common	1%

Method

What they share

By the books each fund has filed, QYLD and XVSP hold 1% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first QYLD XVSP

SPACE EXPLORATION TECHNOLOGIES CORP. 0.97% 50.05%

Only in one fund ↓

Only in QYLD

NVIDIA CORPORATION 8.20%

APPLE INC. 7.65%

MICROSOFT CORPORATION 5.82%

AMAZON.COM, INC. 4.93%

MICRON TECHNOLOGY, INC. 4.32%

ADVANCED MICRO DEVICES, INC. 3.62%

ALPHABET INC. 3.50%

ALPHABET INC. 3.28%

Only in XVSP

2027-01-21 S&P 500® Mini Index P 1,500.03 342.87%

2027-01-21 S&P 500® Mini Index C 500.03 122.35%

2027-01-21 S&P 500® Mini Index C 1,500.03 0.00%

2027-01-22 Space Exploration Technologies Corp. (Class A) C 1,327.41 0.00%

2027-01-21 S&P 500® Mini Index P 500.03 -0.49%

2026-11-06 Space Exploration Technologies Corp. (Class A) C 135 -0.52%

2027-01-22 Space Exploration Technologies Corp. (Class A) P 1,327.41 -416.73%

Check overlap with more funds →

Side by side

QYLD Global X NASDAQ 100 Covered Call ETF · Covered call on QQQ, paying monthly XVSP FT Vest SPCX & Target Income ETF · Option income on SPCX

Issuer Global X First Trust

Strategy covered call option income

Benchmark Nasdaq-100 (QQQ) Space Exploration Technologies (SPCX)

Pays monthly not established

Payout rate, annualized 12.2% 16.6%

Expense ratio 0.60% 0.85%

Cash paid, 1 year 12.3% 2.7% (since launch, Aug 26, 2026)

Price change, 1 year +3.3% −4.6% (since launch, Aug 26, 2026)

Total return, 1 year +16.5% −2.2% (since launch, Aug 26, 2026)

Benchmark return, 1 year +12.3% −2.7% (since launch, Aug 26, 2026)

Ahead or behind +4.2 pts +0.5 pts (since launch, Aug 26, 2026)

Return of capital, latest estimate 99% 100%

Age 12.9 years 70 days

Net assets, QYLD as of Oct 12, 2026 and XVSP as of Nov 3, 2026 $8.5bn $4.5m

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 XVSP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	QYLD	XVSP	QYLD	XVSP	QYLD	XVSP
3 months	+2.4%	–	3.0%	–	+5.9 pts	–
6 months	+5.4%	–	6.0%	–	+5.8 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 · XVSP Aug 2026	+194.8%	−2.2%	117.5%	2.7%	−610.5 pts	+0.4 pts

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Alert

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.

XVSP

Over the period from its first trade on Aug 26, 2026 to Nov 4, 2026, XVSP paid 2.7% of its starting value in cash distributions while its price fell 4.6%. With every distribution reinvested, the fund returned −2.2%. Space Exploration Technologies (SPCX) returned −2.7% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid periodically. First Trust estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, QYLD or XVSP?: QYLD charges 0.60% a year and XVSP charges 0.85%, so QYLD is cheaper. Fees come from each fund's prospectus.

Other comparisons

QYLD vs YSPC QYLD vs FGSI QYLD vs XSHP QYLD vs OARK XVSP vs GPIQ XVSP vs JEPQ XVSP vs FTQI XVSP vs ROCQ

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →QYLD on its own →XVSP on its own →QYLD dividend history →QYLD holdings →XVSP dividend history →XVSP holdings →Method →Standards and sources →

Sources and dates

QYLD filings on SEC EDGAR ↗

QYLD prospectus with the expense ratio (SEC) ↗

QYLD 19a-1 distribution notice ↗

Global X page for QYLD ↗

XVSP filings on SEC EDGAR ↗

XVSP prospectus with the expense ratio (SEC) ↗

XVSP 19a-1 distribution notice ↗

First Trust page for XVSP ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, QYLD against XVSP, data as of Nov 4, 2026. https://etfiq.com/compare/income/qyld-vs-xvsp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.