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QDTY YieldMax(R) Nasdaq 100 0DTE Covered Call Strategy ETF

0DTE covered call on QQQ, paying weekly

Over the year to Sep 11, 2026, QDTY paid 31.4% in cash and still finished 1.1 points behind QQQ.

YieldMax · Income ETFs · data as of

Key facts

31.4%Cash paid, 1 year, on its starting price
+21.8%Total return, 1 year
−1.1 ptsAgainst QQQ
20.4%Return of capital, latest payout (YieldMax estimate)

Method

ETFIQ Return Stability Score

44.896th of 161

QDTY paid 31.4% in cash. Its price fell 12.8%, so 41% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsLOCT −12.1 ptsRNTY −12.1 ptsAIPI −12.0 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsSRHR −9.7 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsRDTE −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsGPIQ −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsQYLG −0.3 ptsGPIX 0.0 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsQDTY −1.1 ptsQDTY −1.1 pts−38.1 pts+24.6 pts

66.8% of the 161 sit at or below QDTY on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%RDTE −19.4%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%XDTE −12.8%AIPI −12.2%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%XLFI −3.8%FGSI −3.2%BUCK −2.5%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LOCT +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%SRHR +1.0%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%QYLG +2.8%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%GPIX +7.9%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%GPIQ +9.8%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%QDTY −12.8%QDTY −12.8%−75.0%+68.6%

22.7% of the 161 sit at or below QDTY on this measure.

Weighted evenly, those two positions are what the score combines, across the 161 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−1.1 pts66.850%
what happened to the principal−12.8%22.750%

All income ETFs ranked by this score · How it is computed

What a holder got

QDTY against QQQQDTY returned +21.8% with distributions reinvested against +23.0% for Nasdaq-100 (QQQ), a gap of −1.1 pts. Of that, 31.4% arrived as cash rather than price.+21.8%QDTY total return+23.0%Nasdaq-100 (QQQ)31.4% of it arrived as cash

Over the year to Sep 11, 2026, QDTY returned +21.8% with distributions reinvested and Nasdaq-100 (QQQ) returned +23.0%, so a holder came out behind it by 1.1 points. The lighter segment is the 31.4% that arrived as cash rather than as price.

Method

Period by period

QDTY over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnQQQAhead or behind
3 months8.2%−6.7%+1.7%−0.8%+2.5 pts
6 months17.3%0.0%+18.2%+20.7%−2.5 pts
1 year31.4%−12.8%+21.8%+23.0%−1.1 pts
Since launch41.6%−23.4%+26.3%+34.4%−8.1 pts

Method

When QDTY pays

QDTY pays weekly. The last distribution was $0.2153 a share, which went ex on Sep 9, 2026, with payment about 1 day later. The issuer has set the next ex-date at Sep 16, 2026, payable Sep 17, 2026, but has not declared the amount.

Expected distributions for QDTY. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 16, 2026Sep 17, 2026$0.2153Date set by the issuer, amount not yet declared
Sep 23, 2026Sep 24, 2026$0.2153Date set by the issuer, amount not yet declared
Sep 30, 2026Oct 1, 2026$0.2153Date set by the issuer, amount not yet declared
Oct 7, 2026Oct 8, 2026$0.2153Date set by the issuer, amount not yet declared
Oct 14, 2026Oct 15, 2026$0.2153Date set by the issuer, amount not yet declared
Oct 21, 2026Oct 22, 2026$0.2153Date set by the issuer, amount not yet declared
Every distribution ETFIQ holds for QDTY (13, most recent first)
Cash distributions per share for QDTY. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 9, 2026$0.2153
Sep 2, 2026$0.2002
Aug 26, 2026$0.214
Aug 19, 2026$0.219
Aug 12, 2026$0.3028
Aug 5, 2026$0.3042
Jul 29, 2026$0.2917
Jul 22, 2026$0.2965
Jul 15, 2026$0.3028
Jul 8, 2026$0.2963
Jul 1, 2026$0.3167
Jun 24, 2026$0.2276
Jun 17, 2026$0.229

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Feb 13, 2025, QDTY has returned +26.3% with distributions reinvested, against +34.4% for Nasdaq-100 (QQQ), and has paid out 41.6% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 28.9%. YieldMax estimates that 20% of the distribution paid Sep 10, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

QDTY (YieldMax(R) Nasdaq 100 0DTE Covered Call Strategy ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategy0DTE covered call
BenchmarkNasdaq-100 (QQQ)
Paysweekly
Net assets (issuer page, as of Sep 11, 2026)$39m
Latest payout, annualized (ETFIQ)28.9%
Expense ratio (485BPOS XBRL, Nov 21, 2025)1.17%
Cash paid, last 12 months, over today’s price (ETFIQ)36.0%
LaunchedFeb 13, 2025
Return of capital, latest distribution (YieldMax 19a-1 estimate)20.4%
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.2153 ex Sep 9, 2026
Sum of the last 12 distributions$3.1871

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has QDTY paid over the last year?
Over the year to Sep 11, 2026, QDTY paid 31.4% of its starting price in cash distributions, while the price fell 12.8%.
Is QDTY ahead of QQQ?
Over the year to Sep 11, 2026, with every distribution reinvested, QDTY returned +21.8% against +23.0% for Nasdaq-100 (QQQ), so a holder was behind it by 1.1 points.
How often does QDTY pay, and how much?
QDTY pays weekly. The latest distribution annualizes to 28.9% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
Is the QDTY distribution return of capital?
YieldMax estimates 20% of the distribution paid Sep 10, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does QDTY next pay a distribution?
QDTY pays weekly. The last distribution went ex on Sep 9, 2026 at $0.2153 a share. The issuer has set the next ex-date at Sep 16, 2026 but not the amount.
What does QDTY cost?
The prospectus expense ratio is 1.17% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Funds near this one

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QDTY payout bar, ETFIQ

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<p><a href="https://etfiq.com/funds/qdty">QDTY payout bar, updated daily by ETFIQ</a></p>

Where QDTY is written about

QDTY, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
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Open QDTY live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, QDTY, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/qdty Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources