Data as of Nov 4, 2026.
ULTY vs XQQI: Dividend Yield & Total Return
ULTY and XQQI both write options for income.
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Net assets: $576m on Nov 3, 2026 for YieldMax Ultra Option Income Strategy ETF, and $408m on Oct 28, 2026 for NEOS Boosted Nasdaq-100 High Income ETF.
4.4 pts ahead of its own holdings
ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
its own holdings
−16.8%
ULTY
−12.4%
4.4 pts ahead of its own holdings
Total return, distributions reinvested
4.4 pts ahead of its own holdings
ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
its own holdings
−16.8%
ULTY
−12.4%
46.0% of it arrived as cash. Total return, distributions reinvested. ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.4.9 pts behind QQQ
XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.
QQQ
+12.6%
XQQI
+7.7%
17.0% as cash
4.9 pts behind QQQ
Total return, distributions reinvested
4.9 pts behind QQQ
XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.
QQQ
+12.6%
XQQI
+7.7%
4.9 pts behind QQQ
17.0% of it arrived as cash. Both charts share one scale, with zero at the line. XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
XQQI costs 0.32 points a year less; ULTY is 1.5 times larger.
Points (pts) are percentage points.
| Measure | ULTY | XQQI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | −12.4% | not published |
| Price change | fell 55.5% (1 year) | fell 9.2% (since Feb 3, 2026) |
| Return of capital, issuer estimate | 100% of the Nov 5, 2026 payment | 100% of the Oct 9, 2026 payment |
| Against its benchmark | ||
| Benchmark | its own holdings | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 1.30% | 0.98% |
| Net assets, as of Oct 28, 2026 | $617m | $408m |
| Holdings | ||
| Holdings in common | 22% | |
What they share
By the books each fund has filed, ULTY and XQQI hold 22% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
22% 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 | ULTY | XQQI | ULTY | XQQI | ULTY | XQQI |
| 3 months | −8.3% | −4.1% | 14.3% | 5.0% | +3.4 pts | −0.6 pts |
| 6 months | −9.9% | −3.0% | 26.6% | 10.0% | +1.6 pts | −2.6 pts |
| 1 year | −12.4% | – | 46.0% | – | +4.4 pts | – |
| Since launchNot the same days: ULTY Feb 2024 · XQQI Feb 2026 | −1.9% | +7.7% | 87.9% | 17.0% | not measured | −4.9 pts |
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ULTY
Over the year to Nov 4, 2026, ULTY paid 46.0% of its starting value in cash distributions while its price fell 55.5%. With every distribution reinvested, the fund returned −12.4%. ULTY's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026) returned −16.8% over the same days, so a holder was ahead by 4.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.9%, paid weekly. YieldMax estimates that 100% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
XQQI
Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XQQI paid 17.0% of its starting value in cash distributions while its price fell 9.2%. With every distribution reinvested, the fund returned +7.7%. Nasdaq-100 (QQQ) returned +12.6% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 20.2%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 9, 2026 was a return of capital (its 19a-1 notice).
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.
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ETFIQ, ULTY against XQQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/ulty-vs-xqqi
ETFIQ. (Nov 4, 2026). ULTY against XQQI. Retrieved from https://etfiq.com/compare/income/ulty-vs-xqqi
[ULTY against XQQI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ulty-vs-xqqi)
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