Data as of Nov 4, 2026.
ROCQ vs TPAY: Dividend Yield & Total Return
ROCQ and TPAY both write options for income.
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Net assets: $770m on Nov 3, 2026 for JPMorgan Nasdaq Equity Premium Yield ETF, and $2.1m on Nov 4, 2026 for Roundhill S&P 500 Target 10 Managed Distribution ETF.
5.2 pts behind QQQ
ROCQ since launch: paid 7.8%, price +4.3%, total +11.9%, QQQ +17.1%, −5.2 pts. Data to Nov 4, 2026.
QQQ
+17.1%
ROCQ
+11.9%
7.8% of it arrived as cash
5.2 pts behind QQQ
Total return, distributions reinvested
5.2 pts behind QQQ
ROCQ since launch: paid 7.8%, price +4.3%, total +11.9%, QQQ +17.1%, −5.2 pts. Data to Nov 4, 2026.
QQQ
+17.1%
ROCQ
+11.9%
5.2 pts behind QQQ
7.8% of it arrived as cash. Total return, distributions reinvested. ROCQ since launch: paid 7.8%, price +4.3%, total +11.9%, QQQ +17.1%, −5.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.1 pt behind VOO
TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
VOO
+12.6%
TPAY
+11.6%
6.6% of it arrived as cash
1 pt behind VOO
Total return, distributions reinvested
1 pt behind VOO
TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
VOO
+12.6%
TPAY
+11.6%
1 pt behind VOO
6.6% of it arrived as cash. Both charts share one scale, 0 to +17.1%. TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
Both charts share one scale, 0 to +17.1%. Data to Nov 4, 2026.Pair scorecard
ROCQ costs 0.14 points a year less; ROCQ is far larger, $770m against $2.1m.
Points (pts) are percentage points.
| Measure | ROCQ | TPAY |
|---|---|---|
| Paid and earned | ||
| Price change | rose 4.3% (since Mar 19, 2026) | rose 4.6% (since Feb 18, 2026) |
| Return of capital, issuer estimate | 100% of the Oct 15, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | Vanguard S&P 500 ETF, measured through VOO |
| Against its benchmark, same days | behind by 5.2 pts | behind by 1.0 pts |
| Cost and size | ||
| Expense ratio | 0.35% | 0.49% |
| Net assets, as of Nov 3, 2026 | $770m | $2.1m |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Mar 27, 2026 to Oct 30, 2026 · 31 weekly returnsFrom Mar 2026 to Oct 2026, TPAY returned more: +18.8% to +16.8%. TPAY fell less at its worst: −3.0% to −7.1%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | ROCQ | TPAY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +16.8% | +18.8% | TPAY | Price change plus distributions, reinvested. |
| Price return | +10.0% | +12.3% | TPAY | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −7.1% | −3.0% | TPAY | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 31 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, ROCQ and TPAY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | ROCQ | TPAY | ROCQ | TPAY | ROCQ | TPAY |
| 3 months | −3.5% | −0.8% | 2.7% | 2.3% | −0.1 pts | −0.7 pts |
| 6 months | −1.2% | +4.2% | 5.8% | 4.7% | −0.8 pts | −0.8 pts |
| Since launchNot the same days: ROCQ Mar 2026 · TPAY Feb 2026 | +11.9% | +11.6% | 7.8% | 6.6% | −5.2 pts | −1.1 pts |
No client brief for this pair: ETFIQ prints no one-year total return for ROCQ or TPAY.
ROCQ
Over the period from its first trade on Mar 19, 2026 to Nov 4, 2026, ROCQ paid 7.8% of its starting value in cash distributions while its price rose 4.3%. With every distribution reinvested, the fund returned +11.9%. Nasdaq-100 (QQQ) returned +17.1% over the same days, so a holder was behind by 5.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 11.6%, paid monthly.
TPAY
Over the period from its first trade on Feb 18, 2026 to Nov 4, 2026, TPAY paid 6.6% of its starting value in cash distributions while its price rose 4.6%. With every distribution reinvested, the fund returned +11.6%. Vanguard S&P 500 ETF (VOO) returned +12.6% over the same days, so a holder was behind by 1.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.5%, paid monthly. Roundhill estimates that 100% of the distribution paid Oct 15, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
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, ROCQ against TPAY, data as of Nov 4, 2026. https://etfiq.com/compare/income/rocq-vs-tpay
ETFIQ. (Nov 4, 2026). ROCQ against TPAY. Retrieved from https://etfiq.com/compare/income/rocq-vs-tpay
[ROCQ against TPAY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/rocq-vs-tpay)
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