QUSA VistaShares Target 15 USA Quality Income ETF
Covered call on QUAL, paying monthly
Over the year to Sep 18, 2026, QUSA paid 13.8% in cash and still finished 11.7 points behind QUAL.
Key facts
ETFIQ Return Stability Score
21.4joint 155th of 173
QUSA paid 13.8% in cash. Its price fell 11.0%, so 80% of what you were paid came back out of your own capital.
Was the payout funded by returns, or by your own capital?
18.8% of the 173 sit at or below QUSA on this measure.
24% of the 173 sit at or below QUSA on this measure.
Weighted evenly, those two positions are what the score combines, across the 173 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 it measures | This fund | Its percentile | Weight |
|---|---|---|---|
| against its benchmark | −11.7 pts | 18.8 | 50% |
| what happened to the principal | −11.0% | 24 | 50% |
What a holder got
Over the year to Sep 18, 2026, QUSA returned +3.5% with distributions reinvested and USA Quality (QUAL), used as the quality proxy returned +15.2%, so a holder came out behind it by 11.7 points. The lighter segment is the 13.8% that arrived as cash rather than as price.
Its ten largest equity positions
| Holding | Ticker | Weight | |
|---|---|---|---|
| Microsoft Corp | MSFT | 6.08% | |
| Apple Inc | AAPL | 5.99% | |
| NVIDIA Corp | NVDA | 5.78% | |
| Berkshire Hathaway Inc | not filed | 5.35% | |
| Caterpillar Inc | CAT | 4.91% | |
| Broadcom Inc | AVGO | 4.70% | |
| Costco Wholesale Corp | COST | 4.40% | |
| Coca-Cola Co/The | KO | 4.33% | |
| Meta Platforms Inc | META | 4.28% | |
| Eli Lilly & Co | LLY | 4.24% |
Period by period
| Window | Cash paid | Price | Total return | QUAL | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 3.6% | −5.5% | −1.9% | +1.7% | −3.6 pts |
| 6 months | 7.8% | +2.4% | +10.4% | +14.7% | −4.3 pts |
| 1 year | 13.8% | −11.0% | +3.5% | +15.2% | −11.7 pts |
| Since launch | 15.1% | −10.8% | +4.9% | +30.7% | −25.8 pts |
When QUSA pays
QUSA pays monthly. The last distribution was $0.2259 a share, which went ex on Aug 24, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 28 days the ex-date falls near Sep 21, 2026; that date is an ETFIQ projection, not the issuer’s.
| Ex-date | Pay date | Amount | Basis |
|---|---|---|---|
| Sep 21, 2026 | Sep 23, 2026 | $0.2259 | ETFIQ projection |
| Oct 19, 2026 | Oct 21, 2026 | $0.2259 | ETFIQ projection |
Every distribution ETFIQ holds for QUSA (13, most recent first)
| Ex-date | Amount |
|---|---|
| Aug 24, 2026 | $0.2259 |
| Jul 27, 2026 | $0.2259 |
| Jun 29, 2026 | $0.231 |
| May 26, 2026 | $0.2334 |
| Apr 27, 2026 | $0.2274 |
| Mar 30, 2026 | $0.2154 |
| Feb 23, 2026 | $0.2276 |
| Jan 26, 2026 | $0.2275 |
| Dec 29, 2025 | $0.2308 |
| Nov 24, 2025 | $0.2253 |
| Oct 27, 2025 | $0.2432 |
| Sep 29, 2025 | $0.2457 |
| Aug 25, 2025 | $0.2519 |
Every income ETF going ex-dividend in the next fortnight
In plain words
Since it launched on May 6, 2025, QUSA has returned +4.9% with distributions reinvested, against +30.7% for USA Quality (QUAL), used as the quality proxy, and has paid out 15.1% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 15.3%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.
| Strategy | covered call |
|---|---|
| Benchmark | USA Quality (QUAL), used as the quality proxy (proxy) |
| Pays | monthly |
| Net assets (issuer page, as of Sep 18, 2026) | $22m |
| Latest payout, annualized (ETFIQ) | 15.3% |
| Expense ratio (485BPOS XBRL, Jun 25, 2026) | 0.97% |
| Cash paid, last 12 months, over today’s price (ETFIQ) | 15.6% |
| Launched | May 6, 2025 |
| Pays | monthly |
| Typical gap between ex-dates | 28 days |
| Typical wait from ex-date to payment | 2 days |
| Last paid, per share | $0.2259 ex Aug 24, 2026 |
| Sum of the last 12 distributions | $2.759 |
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 QUSA paid over the last year?
- Over the year to Sep 18, 2026, QUSA paid 13.8% of its starting price in cash distributions, while the price fell 11.0%.
- Is QUSA ahead of QUAL?
- Over the year to Sep 18, 2026, with every distribution reinvested, QUSA returned +3.5% against +15.2% for USA Quality (QUAL), used as the quality proxy, so a holder was behind it by 11.7 points.
- How often does QUSA pay, and how much?
- QUSA pays monthly. The latest distribution annualizes to 15.3% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
- When does QUSA next pay a distribution?
- QUSA pays monthly. The last distribution went ex on Aug 24, 2026 at $0.2259 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 21, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
- What does QUSA cost?
- The prospectus expense ratio is 0.97% 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.
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Cite this page. ETFIQ, QUSA, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/qusa Free to use with attribution; the underlying files are at Open data.