TQQY GraniteShares YieldBOOST QQQ ETF
Synthetic covered call on QQQ, paying weekly
Over the year to Sep 11, 2026, TQQY paid 36.8% in cash and still finished 20.2 points behind QQQ.
Key facts
ETFIQ Return Stability Score
32.050th of 61
TQQY paid 36.8% in cash. Its price fell 35.3%, so 96% of what you were paid came back out of your own capital.
Was the payout funded by returns, or by your own capital?
7.4% of the 61 sit at or below TQQY on this measure.
56.6% of the 61 sit at or below TQQY on this measure.
Weighted evenly, those two positions are what the score combines, across the 61 income ETFs writing on a single company. 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 | −20.2 pts | 7.4 | 50% |
| what happened to the principal | −35.3% | 56.6 | 50% |
15th of 16 income ETFs writing on QQQ, by return against it 270th of 354 income ETFs by net assets
What a holder got
Over the year to Sep 11, 2026, TQQY returned +2.8% with distributions reinvested and (QQQ) returned +23.0%, so a holder came out behind it by 20.2 points. The lighter segment is the 36.8% that arrived as cash rather than as price.
Period by period
| Window | Cash paid | Price | Total return | QQQ | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 8.1% | −6.6% | +1.6% | −0.8% | +2.4 pts |
| 6 months | 19.0% | −11.7% | +8.0% | +20.7% | −12.7 pts |
| 1 year | 36.8% | −35.3% | +2.8% | +23.0% | −20.2 pts |
| Since launch | 47.9% | −51.1% | +1.1% | +40.0% | −38.8 pts |
When TQQY pays
TQQY pays weekly. The last distribution was $0.0573 a share, which went ex on Sep 11, 2026, with payment about 4 days later. The next has not been declared. On its own cadence of about 7 days the ex-date falls near Sep 18, 2026; that date is an ETFIQ projection, not the issuer’s.
| Ex-date | Pay date | Amount | Basis |
|---|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.0573 | ETFIQ projection from the fund’s own cadence |
| Sep 25, 2026 | Sep 29, 2026 | $0.0573 | ETFIQ projection from the fund’s own cadence |
| Oct 2, 2026 | Oct 6, 2026 | $0.0573 | ETFIQ projection from the fund’s own cadence |
| Oct 9, 2026 | Oct 13, 2026 | $0.0573 | ETFIQ projection from the fund’s own cadence |
| Oct 16, 2026 | Oct 20, 2026 | $0.0573 | ETFIQ projection from the fund’s own cadence |
| Oct 23, 2026 | Oct 27, 2026 | $0.0573 | ETFIQ projection from the fund’s own cadence |
Every distribution ETFIQ holds for TQQY (13, most recent first)
| Ex-date | Amount |
|---|---|
| Sep 11, 2026 | $0.0573 |
| Sep 4, 2026 | $0.0585 |
| Aug 28, 2026 | $0.058 |
| Aug 21, 2026 | $0.0585 |
| Aug 14, 2026 | $0.0715 |
| Aug 7, 2026 | $0.0827 |
| Jul 31, 2026 | $0.081 |
| Jul 24, 2026 | $0.0947 |
| Jul 17, 2026 | $0.0981 |
| Jul 10, 2026 | $0.0969 |
| Jul 2, 2026 | $0.0981 |
| Jun 26, 2026 | $0.1007 |
| Jun 18, 2026 | $0.0981 |
Every income ETF going ex-dividend in the next fortnight
In plain words
Since it launched on Feb 26, 2025, TQQY has returned +1.1% with distributions reinvested, against +40.0% for (QQQ), and has paid out 47.9% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 24.4%. GraniteShares estimates that 93% of the distribution paid Aug 25, 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.
| Strategy | synthetic covered call |
|---|---|
| Benchmark | (QQQ) |
| Pays | weekly |
| Net assets (issuer page, as of Sep 10, 2026) | $5m |
| Latest payout, annualized (ETFIQ) | 24.4% |
| Expense ratio (485BPOS XBRL, Oct 24, 2025) | 1.15% |
| Cash paid, last 12 months, over today’s price (ETFIQ) | 56.8% |
| Launched | Feb 26, 2025 |
| Return of capital, latest distribution (GraniteShares 19a-1 estimate) | 93.0% |
| Pays | weekly |
| Typical gap between ex-dates | 7 days |
| Typical wait from ex-date to payment | 4 days |
| Last paid, per share | $0.0573 ex Sep 11, 2026 |
| Sum of the last 12 distributions | $0.9558 |
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 TQQY paid over the last year?
- Over the year to Sep 11, 2026, TQQY paid 36.8% of its starting price in cash distributions, while the price fell 35.3%.
- Is TQQY ahead of QQQ?
- Over the year to Sep 11, 2026, with every distribution reinvested, TQQY returned +2.8% against +23.0% for (QQQ), so a holder was behind it by 20.2 points.
- How often does TQQY pay, and how much?
- TQQY pays weekly. The latest distribution annualizes to 24.4% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
- Is the TQQY distribution return of capital?
- GraniteShares estimates 93% of the distribution paid Aug 25, 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 TQQY next pay a distribution?
- TQQY pays weekly. The last distribution went ex on Sep 11, 2026 at $0.0573 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Sep 18, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 4 days.
- What does TQQY cost?
- The prospectus expense ratio is 1.15% 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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Where TQQY is written about
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Cite this page. ETFIQ, TQQY, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/tqqy Free to use with attribution; the underlying files are at Open data.