Data as of Nov 4, 2026.

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Income ETFs

QYLG vs SCLZ: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, QYLG paid 16.7% of its price in cash against SCLZ’s 8.5%, and returned more with it reinvested.

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Net assets: $183m on Oct 12, 2026 for Global X Nasdaq 100 Covered Call & Growth ETF, and $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF.

At a glance
16.7%
QYLG cash paid, 1 year
8.5%
SCLZ cash paid, 1 year
+14.4%
QYLG total return, 1 year
+10.6%
SCLZ total return, 1 year
QYLG · 1 year to Nov 4, 2026 2.1 pts ahead of QQQ
QYLG
+14.4%
QQQ
+12.3%

2.1 pts ahead of QQQ

QYLG over 1 year: paid 16.7%, price −3.9%, total +14.4%, QQQ +12.3%, +2.1 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QYLG

+14.4%

16.7% of it arrived as cash

2.1 pts ahead of QQQ

Total return, distributions reinvested

2.1 pts ahead of QQQ

QYLG over 1 year: paid 16.7%, price −3.9%, total +14.4%, QQQ +12.3%, +2.1 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QYLG

+14.4%

16.7% as cash

2.1 pts ahead of QQQ

16.7% of it arrived as cash. Total return, distributions reinvested. QYLG over 1 year: paid 16.7%, price −3.9%, total +14.4%, QQQ +12.3%, +2.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
SCLZ · 1 year to Nov 4, 2026 4.2 pts behind SPY
SCLZ
+10.6%
SPY
+14.8%

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% of it arrived as cash

4.2 pts behind SPY

Total return, distributions reinvested

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% cash

4.2 pts behind SPY

8.5% of it arrived as cash. Both charts share one scale, with zero at the line. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QYLG costs 0.44 points a year less; their one-year returns differ by 3.8 points.

Points (pts) are percentage points.

QYLG vs SCLZ: Dividend Yield & Total Return
MeasureQYLGSCLZ
Paid and earned
Total return, 1 year+14.4%+10.6%
Price change, 1 yearfell 3.9%rose 1.6%
Return of capital, issuer estimate93% of the Sep 24, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQS&P 500, measured through SPY
Cost and size
Expense ratio0.35%0.79%
Net assets, QYLG as of Oct 12, 2026 and SCLZ as of Jun 30, 2026$183m$20m
Holdings
Holdings in common47%
ETFIQ Distribution Coverage Score · SCLZ scores higher How much of what it paid out did its total return cover?
IQ Income Score49.4QYLG71.6SCLZ

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

0.3, the lowest in this set 99.7, the highest

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 →

Method

Risk and return

Mar 8, 2024 to Oct 30, 2026 · 138 weekly returns
QYLG SCLZ
Return
Total return edge QYLG +49.4% +35.2%
Annualized edge QYLG +16.3% +12.0%
Price return edge SCLZ −5.2% +11.0%
Risk
Volatility edge SCLZ 15.5% 10.0%
Max drawdown edge SCLZ −19.3% −10.5%
Downside capture 84.8% 74.2%
Beta 0.76 0.64
Risk-adjusted
Sharpe edge QYLG (slight) 0.77 0.75
Sortino edge QYLG (slight) 1.14 1.09
Treynor 0.136 0.119
Calmar edge SCLZ 0.85 1.15
Against the benchmark
Alpha −0.8% a year −0.5% a year
Alpha t-stat −0.60 −0.19
Information ratio −0.72 −0.77
Tracking error 6.1% 6.6%

Each against its own benchmark: QYLG against QQQ, Oct 2, 2020 to Oct 30, 2026; SCLZ against SPY, Mar 8, 2024 to Oct 30, 2026.

Reading

From Mar 2024 to Oct 2026, QYLG returned more: +49.4% to +35.2%. SCLZ swung less: 10.0% to 15.5%. SCLZ fell less at its worst: −10.5% to −19.3%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: QYLG vs SCLZ: Dividend Yield & Total Return
MeasureQYLGSCLZEdgeHow it is measured
Return
Total return+49.4%+35.2%QYLGPrice change plus distributions, reinvested.
Annualized+16.3%+12.0%QYLGTotal return as a yearly rate.
Price return−5.2%+11.0%SCLZPrice change alone, distributions left out.
Risk
Volatility15.5%10.0%SCLZSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.6%6.9%SCLZLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−19.3%−10.5%SCLZDeepest fall from a high to the low after it.
Upside capture63.8%58.8%Share of its benchmark's rise caught in the weeks it rose.
Downside capture84.8%74.2%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.760.64Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.960.84Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.770.75QYLG (slight)Return above Treasury bills per unit of volatility.
Sortino1.141.09QYLG (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1360.119Return above Treasury bills per unit of beta.
Calmar0.851.15SCLZAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkQQQSPYThe ETF each fund is measured against.
Alpha−0.8% a year−0.5% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.60−0.19Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−3.6% to +1.9%−5.4% to +4.5%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.72−0.77Return against its benchmark per unit of tracking error.
Tracking error6.1%6.6%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 138 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

47%

By the books each fund has filed, QYLG and SCLZ hold 47% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

47% in common

Positions both hold · largest shared weight first QYLG SCLZ
APPLE INC. 7.59% 6.20%
NVIDIA CORPORATION 8.13% 6.03%
MICRON TECHNOLOGY, INC. 4.29% 7.95%
AMAZON.COM, INC. 4.89% 3.77%
MICROSOFT CORPORATION 5.78% 3.74%
ADVANCED MICRO DEVICES, INC. 3.59% 5.18%
ALPHABET INC. 3.47% 5.22%
BROADCOM INC. 3.09% 4.74%
META PLATFORMS, INC. 2.76% 3.36%
CISCO SYSTEMS, INC. 2.11% 3.03%
TESLA, INC. 2.60% 1.81%
WALMART INC. 2.50% 1.49%
Only in one fund ↓
Only in QYLG
ALPHABET INC. 3.25%
INTEL CORPORATION 2.09%
APPLIED MATERIALS, INC. 1.86%
LAM RESEARCH CORPORATION 1.69%
PALO ALTO NETWORKS, INC. 1.25%
TEXAS INSTRUMENTS INCORPORATED 1.16%
KLA CORPORATION 1.10%
LINDE PUBLIC LIMITED COMPANY 1.02%
Only in SCLZ
ELI LILLY & COMPANY 3.88%
JP MORGAN CHASE & COMPANY 3.53%
BERKSHIRE HATHAWAY INC 3.12%
GE AEROSPACE 2.76%
JOHNSON & JOHNSON 2.43%
VISA INC 2.29%
EXXON MOBIL CORP 1.94%
CATERPILLAR INC 1.86%
Check overlap with more funds →

Side by side

QYLG Global X Nasdaq 100 Covered Call & Growth ETF · Covered call on QQQ, paying monthly SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly
Issuer Global X Swan
Strategy covered call dividend stocks with call overlay
Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)
Pays monthly monthly
Payout rate, annualized 7.1% 8.7%
Expense ratio 0.35% 0.79%
Cash paid, 1 year 16.7% 8.5%
Price change, 1 year −3.9% +1.6%
Total return, 1 year +14.4% +10.6%
Benchmark return, 1 year +12.3% +14.8%
Ahead or behind +2.1 pts −4.2 pts
Return of capital, latest estimate 93% not published
Age 6.1 years 2.7 years
Net assets, QYLG as of Oct 12, 2026 and SCLZ as of Jun 30, 2026 $183m $20m

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: QYLG vs SCLZ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowQYLGSCLZQYLGSCLZQYLGSCLZ
3 months−0.8%0.0%1.6%2.1%+2.6 pts+0.2 pts
6 months+2.5%+4.4%4.0%4.3%+2.8 pts−0.6 pts
1 year+14.4%+10.6%16.7%8.5%+2.1 pts−4.2 pts
3 years+72.0%–52.1%–−19.4 pts–
Since launchNot the same days: QYLG Sep 2020 · SCLZ Feb 2024+116.2%+35.4%76.4%21.2%−46.8 pts−20.8 pts

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About each fund
QYLG

Over the year to Nov 4, 2026, QYLG paid 16.7% of its starting value in cash distributions while its price fell 3.9%. With every distribution reinvested, the fund returned +14.4%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 2.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.1%, paid monthly. Global X estimates that 93% 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.

SCLZ

Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +10.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.7%, paid monthly.

Questions people ask

Which paid more, QYLG or SCLZ?
Over the year to Nov 4, 2026, QYLG paid 16.7% of its starting price in cash and SCLZ paid 8.5%, so QYLG paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, QYLG or SCLZ?
With every distribution reinvested, QYLG returned +14.4% and SCLZ +10.6% over the year to Nov 4, 2026.
Which is cheaper, QYLG or SCLZ?
QYLG charges 0.35% a year and SCLZ charges 0.79%, so QYLG is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Sources and dates

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

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.

Cite this pageCitation, APA and Markdown

ETFIQ, QYLG against SCLZ, data as of Nov 4, 2026. https://etfiq.com/compare/income/qylg-vs-sclz

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