Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

Over the year YQQQ paid 23.1% 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) Short N100 Option Income Strategy ETF.

12.5%QYLD cash paid, 1 year
23.1%YQQQ cash paid, 1 year
+23.0%QYLD total return, 1 year
−3.5%YQQQ total return, 1 year

ETFIQ Return Stability Score: QYLD scores higher

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

QYLD 82.7YQQQ 7.53.8, 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%1.2 pts ahead of QQQ
YQQQ25.3 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%YQQQ−3.5%25.3 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%YQQQ−3.5%25.3 pts behind QQQ

What they hold in common

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

Only in each
Only in QYLDOnly in YQQQ
NVIDIA CORP 8.54%United States Treasury Note/Bond 2.375% 05/15/2027 28.76%
APPLE INC 7.82%United States Treasury Bill 07/08/2027 28.59%
MICROSOFT CORP 5.84%United States Treasury Bill 02/18/2027 17.25%
MICRON TECHNOLOGY INC 5.05%United States Treasury Bill 12/10/2026 13.01%
AMAZON.COM INC 4.36%United States Treasury Bill 10/15/2026 7.09%
ADVANCED MICRO DEVICES 4.02%First American Government Obligations Fund 12/01/2031 5.94%
ALPHABET INC-CL A 3.27%QQQ 10/16/2026 720.02 P 1.66%
META PLATFORMS INC 3.15%QQQ US 09/25/26 P690 0.06%

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 YQQQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QYLDYQQQQYLDYQQQQYLDYQQQ
3 months+3.2%+5.8%3.0%6.5%+5.7 pts+8.3 pts
6 months+14.5%−13.9%6.3%10.8%−9.7 pts−38.2 pts
1 year+23.0%−3.5%12.5%23.1%+1.2 pts−25.3 pts
3 years+55.3%not published36.6%not published−42.9 ptsnot published
Since launch+198.3%−17.6%116.0%37.0%−644.6 pts−71.2 pts
Open the live comparison on ETFIQ
QYLD and YQQQ 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
YQQQ
YieldMax(R) Short N100 Option Income Strategy ETF
Synthetic covered call on QQQ, paying weekly
IssuerGlobal XYieldMax
Strategycovered callsynthetic covered call
BenchmarkNasdaq-100 (QQQ)Nasdaq-100 (QQQ)
Paysmonthlyweekly
Payout rate, annualized11.8%21.3%
Expense ratio0.60%1.11%
Cash paid, 1 year12.5%23.1%
Price change, 1 year+9.1%−25.7%
Total return, 1 year+23.0%−3.5%
Benchmark return, 1 year+21.8%+21.8%
Ahead or behind+1.2 pts−25.3 pts
Return of capital, latest estimate100%0%
Age4663 days764 days
Net assets$8.5bn$27m

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).

YQQQ in plain words

Over the year to Sep 18, 2026, YQQQ paid 23.1% of its starting value in cash distributions while its price fell 25.7%. With every distribution reinvested, the fund returned −3.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 25.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 21.3%, paid weekly. YieldMax estimates that 0% 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 YQQQ?
Over the year to Sep 18, 2026, QYLD paid 12.5% of its starting price in cash and YQQQ paid 23.1%, so YQQQ 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 YQQQ?
With every distribution reinvested, QYLD returned +23.0% and YQQQ returned −3.5% over the year to Sep 18, 2026, so QYLD returned more.
Which is cheaper, QYLD or YQQQ?
QYLD charges 0.60% a year and YQQQ charges 1.11%, 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 YQQQ, 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 YQQQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/qyld-vs-yqqq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources