Data as of .
QYLG vs SPYI: which paid, and which earned it?
Over the year QYLG paid 17.4% of its price in cash against SPYI’s 13.1%, and returned more with it reinvested.
ETFIQ Return Stability Score: QYLG scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, QYLG and SPYI hold 55% of their money in the same securities at the same weight.
| Holding | QYLG | SPYI |
|---|---|---|
| NVIDIA CORP | 8.44% | 8.28% |
| APPLE INC | 7.73% | 7.52% |
| MICROSOFT CORP | 5.77% | 5.62% |
| AMAZON.COM INC | 4.31% | 3.82% |
| ALPHABET INC-CL A | 3.23% | 3.12% |
| BROADCOM INC | 2.67% | 2.59% |
| ALPHABET INC-CL C | 3.00% | 2.50% |
| META PLATFORMS INC | 3.11% | 2.22% |
| MICRON TECHNOLOGY INC | 4.99% | 1.74% |
| TESLA INC | 3.01% | 1.58% |
| ADVANCED MICRO DEVICES | 3.97% | 1.41% |
| INTEL CORP | 2.48% | 0.82% |
| Only in QYLG | Only in SPYI |
|---|---|
| SPACE EXPLORATION TECHN-CL A 2.85% | Berkshire Hathaway Inc 1.43% |
| ASML HOLDING NV-NY REG SHS 0.68% | JPMORGAN CHASE & CO. 1.43% |
| SHOPIFY INC - CLASS A 0.67% | Eli Lilly & Co 1.42% |
| CASH 0.53% | ExxonMobil Holdings Corp 1.03% |
| ARM HOLDINGS PLC-ADR 0.52% | Johnson & Johnson 0.99% |
| MERCADOLIBRE INC 0.39% | Visa Inc 0.93% |
| STRATEGY INC- CL A 0.24% | AbbVie Inc 0.71% |
| ASTERA LABS INC 0.23% | Mastercard Inc 0.70% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| QYLG | SPYI | QYLG | SPYI | QYLG | SPYI | |
| 3 months | −0.1% | +3.1% | 2.1% | 3.0% | +2.4 pts | +0.9 pts |
| 6 months | +19.6% | +14.4% | 4.6% | 6.5% | −4.7 pts | −3.6 pts |
| 1 year | +22.2% | +15.3% | 17.4% | 13.1% | +0.5 pts | −1.2 pts |
| 3 years | +76.2% | +57.2% | 51.1% | 38.6% | −22.0 pts | −21.2 pts |
| Since launch | +122.0% | +77.1% | 75.3% | 50.3% | −52.0 pts | −25.3 pts |
| QYLG Global X Nasdaq 100 Covered Call & Growth ETF Covered call on QQQ, paying monthly | SPYI NEOS S&P 500(R) High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Global X | NEOS |
| Strategy | covered call | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 6.8% | 12.1% |
| Expense ratio | 0.35% | 0.68% |
| Cash paid, 1 year | 17.4% | 13.1% |
| Price change, 1 year | +2.4% | +1.2% |
| Total return, 1 year | +22.2% | +15.3% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | +0.5 pts | −1.2 pts |
| Return of capital, latest estimate | 96% | 93% |
| Age | 2187 days | 1480 days |
| Net assets | $175m | $12.2bn |
QYLG in plain words
Over the year to Sep 18, 2026, QYLG paid 17.4% of its starting value in cash distributions while its price rose 2.4%. With every distribution reinvested, the fund returned +22.2%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 6.8%, paid monthly. Global X estimates that 96% 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).
SPYI in plain words
Over the year to Sep 18, 2026, SPYI paid 13.1% of its starting value in cash distributions while its price rose 1.2%. With every distribution reinvested, the fund returned +15.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.1%, paid monthly. NEOS estimates that 93% of the distribution paid Jun 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, QYLG or SPYI?
- Over the year to Sep 18, 2026, QYLG paid 17.4% of its starting price in cash and SPYI paid 13.1%, 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 SPYI?
- With every distribution reinvested, QYLG returned +22.2% and SPYI returned +15.3% over the year to Sep 18, 2026, so QYLG returned more.
- Which is cheaper, QYLG or SPYI?
- QYLG charges 0.35% a year and SPYI charges 0.68%, so QYLG 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.
Cite this page. ETFIQ, QYLG against SPYI, data as of Sep 18, 2026. https://etfiq.com/compare/income/qylg-vs-spyi Free to use with attribution; the underlying files are at Open data.