Data as of Nov 4, 2026.

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Income ETFs

SCLZ vs YQQQ: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, YQQQ paid 26.8% of its price in cash against SCLZ’s 8.5%, though SCLZ returned more with it reinvested.

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Net assets: $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF, and $15m on Nov 3, 2026 for YieldMax Short N100 Option Income Strategy ETF.

At a glance
8.5%
SCLZ cash paid, 1 year
26.8%
YQQQ cash paid, 1 year
+10.6%
SCLZ total return, 1 year
+6.6%
YQQQ total return, 1 year
SCLZ · 1 year to Nov 4, 2026 4.2 pts behind SPY
4.2 pts behind SPYSCLZ 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% as cash4.2 pts behind SPYTotal return, distributions reinvested4.2 pts behind SPYSCLZ 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%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.

Data to Nov 4, 2026.
YQQQ · 1 year to Nov 4, 2026 21.1 pts ahead of short QQQ
21.1 pts ahead of short QQQYQQQ over 1 year: paid 26.8%, price −21.3%, total +6.6%, short QQQ −14.5%, +21.1 pts. Data to Nov 4, 2026.short QQQ−14.5%YQQQ+6.6%26.8% as cash21.1 pts ahead of short QQQTotal return, distributions reinvested21.1 pts ahead of short QQQYQQQ over 1 year: paid 26.8%, price −21.3%, total +6.6%, short QQQ −14.5%, +21.1 pts. Data to Nov 4, 2026.short QQQ−14.5%YQQQ+6.6%21.1 pts ahead of short QQQ

YQQQ over 1 year: paid 26.8%, price −21.3%, total +6.6%, short QQQ −14.5%, +21.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SCLZ costs 0.32 points a year less; their one-year returns differ by 4.0 points.

Points (pts) are percentage points.

SCLZ vs YQQQ: Dividend Yield & Total Return
MeasureSCLZYQQQ
Paid and earned
Total return, 1 year+10.6%+6.6%
Price change, 1 yearrose 1.6%fell 21.3%
Against its benchmark
BenchmarkS&P 500, measured through SPYNasdaq-100 (QQQ) held short
Cost and size
Expense ratio0.79%1.11%
Net assets, SCLZ as of Jun 30, 2026 and YQQQ as of Nov 3, 2026$20m$15m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · SCLZ scores higher How much of what it paid out did its total return cover?
IQ Income Score71.6SCLZ24.3YQQQ

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

Aug 23, 2024 to Oct 30, 2026 · 114 weekly returns
SCLZ YQQQ
Return
Total return edge SCLZ +24.1% −9.2%
Annualized edge SCLZ +10.4% −4.3%
Price return edge SCLZ +3.5% −49.8%
Risk
Volatility edge SCLZ 10.4% 15.5%
Max drawdown edge SCLZ −10.5% −27.1%
Risk-adjusted
Sharpe edge SCLZ 0.61 −0.47
Sortino edge SCLZ 0.87 −0.60
Calmar edge SCLZ 0.99 −0.16
Reading

From Aug 2024 to Oct 2026, SCLZ returned more: +24.1% to −9.2%. SCLZ swung less: 10.4% to 15.5%. SCLZ fell less at its worst: −10.5% to −27.1%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: SCLZ vs YQQQ: Dividend Yield & Total Return
MeasureSCLZYQQQEdgeHow it is measured
Return
Total return+24.1%−9.2%SCLZPrice change plus distributions, reinvested.
Annualized+10.4%−4.3%SCLZTotal return as a yearly rate.
Price return+3.5%−49.8%SCLZPrice change alone, distributions left out.
Risk
Volatility10.4%15.5%SCLZSpread of weekly returns, annualized. Lower is steadier.
Downside deviation7.3%12.2%SCLZLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−10.5%−27.1%SCLZDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.61−0.47SCLZReturn above Treasury bills per unit of volatility.
Sortino0.87−0.60SCLZReturn above Treasury bills per unit of downside deviation.
Calmar0.99−0.16SCLZAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 114 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, SCLZ and YQQQ hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SCLZ YQQQ
Only in one fund ↓
Only in SCLZ
MICRON TECHNOLOGY INC 7.95%
APPLE INC 6.20%
NVIDIA CORP 6.03%
ALPHABET INC 5.22%
ADVANCED MICRO DEVICES INC 5.18%
BROADCOM INC 4.74%
ELI LILLY & COMPANY 3.88%
AMAZON.COM INC 3.77%
Only in YQQQ
United States Treasury Note/Bond 2.375% 05/15/2027 16.15%
United States Treasury Note/Bond 3.375% 09/15/2027 12.48%
QQQ 12/18/2026 750.02 P 8.12%
QQQ US 11/06/26 P685 0.09%
QQQ US 11/06/26 P665 0.03%
QQQ US 12/18/26 C915 0.01%
QQQ US 11/06/26 P682 -0.23%
QQQ US 11/06/26 P704 -0.41%
Check overlap with more funds →

Side by side

SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly YQQQ YieldMax Short N100 Option Income Strategy ETF · Short option income on short QQQ, paying weekly
Issuer Swan YieldMax
Strategy dividend stocks with call overlay short option income
Benchmark S&P 500 (SPY) Nasdaq-100 (QQQ) held short
Pays monthly weekly
Payout rate, annualized 8.7% 22.7%
Expense ratio 0.79% 1.11%
Cash paid, 1 year 8.5% 26.8%
Price change, 1 year +1.6% −21.3%
Total return, 1 year +10.6% +6.6%
Benchmark return, 1 year +14.8% −14.5%
Ahead or behind −4.2 pts +21.1 pts
Return of capital, latest estimate not published not published
Age 2.7 years 2.2 years
Net assets, SCLZ as of Jun 30, 2026 and YQQQ as of Nov 3, 2026 $20m $15m

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: SCLZ vs YQQQ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowSCLZYQQQSCLZYQQQSCLZYQQQ
3 months0.0%+10.7%2.1%10.6%+0.2 pts+8.0 pts
6 months+4.4%+9.0%4.3%15.9%−0.6 pts+11.1 pts
1 year+10.6%+6.6%8.5%26.8%−4.2 pts+21.1 pts
Since launchNot the same days: SCLZ Feb 2024 · YQQQ Aug 2024+35.4%−10.1%21.2%40.8%−20.8 pts+28.7 pts

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About each fund
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.

YQQQ

Over the year to Nov 4, 2026, YQQQ paid 26.8% of its starting value in cash distributions while its price fell 21.3%. With every distribution reinvested, the fund returned +6.6%. Nasdaq-100 (QQQ) held short returned −14.5% over the same days, so a holder was ahead by 21.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 22.7%, paid weekly.

Questions people ask

Which paid more, SCLZ or YQQQ?
Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting price in cash and YQQQ paid 26.8%, 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, SCLZ or YQQQ?
With every distribution reinvested, SCLZ returned +10.6% and YQQQ +6.6% over the year to Nov 4, 2026.
Which is cheaper, SCLZ or YQQQ?
SCLZ charges 0.79% a year and YQQQ charges 1.11%, so SCLZ is cheaper. Fees come from each fund's prospectus.
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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.

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

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