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QXQ vs QYLD

SGI Enhanced Nasdaq 100 ETF

QXQCNasdaq

Global X Nasdaq 100 Covered Call ETF

QYLDANasdaq

Overlap

Expense ratio

QYLD −0.38pt a year

QXQ0.98%QYLD0.60%

Avg volume · 30D

QYLD 357.7×the volume

QXQ12KQYLD4.31M

QXQ vs QYLD Performance

Oct 31, 2025 – Oct 30, 2026

+11.1%QXQ+15.7%QYLD

Oct 31, 2025 to Oct 30, 2026. QXQ +11.1%. QYLD +15.7%. Use the arrow keys to read each point.−10%−5%0%5%20%Oct 2025Apr 2026Oct 2026
Expense ratio
QXQ 0.98%
QYLD 0.60%, better
Fund size
QXQ $82M
QYLD $8.2B
1Y total return
QXQ +11.1%
QYLD +15.7%, better
Yield (12M)
QXQ 15.81%, better
QYLD 11.96%
Holdings
QXQ 10
QYLD 103
Avg volume (30D)
QXQ 12K sh
QYLD 4.31M sh, better
NAV per share
QXQ $30.76
QYLD $17.88
52W range

ETF.net Grade

QXQ: Cost 22, Risk 39, Mission 100, Tradability 44, Holdings not scored, Durability 49. QYLD: Cost 65, Risk 72, Mission 100, Tradability 89, Holdings 68, Durability 90.
Pillar letters and Scores for QXQ, QYLD, with each pillar’s weight
PillarQXQQYLD
Cost30% weightF22B65Higher
Mission25% weightA100A100
Risk15% weightD39A72Higher
Tradability15% weightC44A89Higher
Holdings10% weightNot scoredB68
Durability5% weightC49A90Higher

Rank among Nasdaq-100 Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. QXQ and QYLD are both graded against the same 30 Nasdaq-100 Option Income funds, so their Grades compare head to head.

Nasdaq-100 Option Income⁠

Category · 30 funds
See all 30 ›

QYLD ranks 4th and QXQ 19th of 30 funds in the Nasdaq-100 Option Income Category.

  1. Rank 1AGPIQGoldman Sachs Nasdaq-100 Premium Income ETFScore 83
  2. Rank 2AQQAInvesco QQQ Income Advantage ETFScore 82
  3. Rank 3AJEPQJPMorgan Nasdaq Equity Premium Income ETFScore 80
  4. Rank 4AQYLDGlobal X Nasdaq 100 Covered Call ETFScore 79
  5. Rank 5AQYLGGlobal X Nasdaq 100 Covered Call & Growth ETFScore 77
  6. Rank 18CCAIQCalamos Nasdaq Autocallable Income ETFScore 52
  7. Rank 19CQXQSGI Enhanced Nasdaq 100 ETFScore 51
  8. Rank 20CQQQYDefiance Nasdaq 100 Weekly Distribution ETFScore 45

Our read on each fund

ETF.net Research

QXQCSGI Enhanced Nasdaq 100 ETF

QYLDAGlobal X Nasdaq 100 Covered Call ETF

In short

QXQ A boutique, actively managed take on Nasdaq-100 income: a manager decides which options to write instead of following a covered-call rulebook, and income lands quarterly. The discretion comes at the pricier end of the category.

QYLD Running since 2013, QYLD is the no-frills version of the Nasdaq-100 income trade: own the index, sell calls against it, pay out monthly. No stock picking, no manager discretion, just a rules-based buy-write index followed closely.

Stated mandate

QXQ The Fund seeks capital appreciation and current income. It is actively managed, invests at least 80% of its net assets in Nasdaq-100-related equity or index-replication instruments, and uses options strategies to generate income.

QYLD QYLD seeks, before fees and expenses, to generally match the price and yield performance of the Cboe NASDAQ-100® BuyWrite V2 Index. It uses a buy-write strategy that holds NASDAQ-100 stocks and sells corresponding call options.

Why people hold it

  • QXQ Actively managed rather than rules-based. The manager chooses the options, with at least 80% of net assets in Nasdaq-100 equity or index-replication instruments.
  • Dual mandate stated plainly in the filings: capital appreciation plus current income. The options overlay supplements the Nasdaq-100 exposure rather than replacing it.
  • Does what the label says. The portfolio and the options program line up closely with the Nasdaq-100 income mandate in its own documents.
  • QYLD Simple machine: holds Nasdaq-100 stocks, sells the matching calls, and tracks the Cboe NASDAQ-100 BuyWrite V2 Index closely. Nothing to second-guess.
  • Income arrives monthly, and the 0.60% fee sits under the median for Nasdaq-100 options-income funds.
  • A multi-billion-dollar fund that trades very actively, so getting in and out is rarely the hard part.

Worth knowing

  • QXQ At 0.98% a year, it sits above the roughly 0.68% median for Nasdaq-100 income funds, and well above peers like JEPQ, GPIQ and QQA near 0.35%.
  • A small fund that trades thinly, so getting in and out can cost more than it does in the category's household names.
  • Launched in 2024, so the live record is short, and income arrives quarterly rather than monthly. It currently sits in the lower half of its peer group.
  • QYLD Writing calls sells the upside. When the Nasdaq-100 runs past the strike, that gain goes to the option buyer, not the fund.
  • Leaner options on the same index: QQA at 0.33%, GPIQ and JEPQ at 0.35%.
  • Payouts are funded by option premium and no target rate is declared, so the monthly check varies with volatility.

Full QXQ profile⁠

Full QYLD profile⁠

QXQ vs QYLD Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

QXQ vs QYLD Cost

Overpaying QXQ vs QYLD

$6,545

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • QXQ 0.98%

    $18,362

  • QYLD 0.60%

    $11,817

$10,000
30 years

Cost over time

  • QXQ 0.98%
  • QYLD 0.60%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QXQ $18,362QYLD $11,817

Year by year

YearQXQQYLDOverpaying
10$1,729$1,076$653
20$6,504$4,116$2,388
30$18,362$11,817$6,545

Expense ratio

  • 0.98%QXQ
  • 0.60%QYLD, cheaper
  • Middle half of Nasdaq-100 Option Income funds
  • Median 0.71%

QYLD 10th cheapest of 30 funds

QXQ 23rd cheapest of 30 funds

QXQ vs QYLD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
QXQ 15.81%, better
QYLD 11.96%
Payout (12M)
QXQ $4.87
QYLD $2.14
Last payment
QXQ $0.08
QYLD $0.18
Ex-dividend
QXQ Sep 28, 2026
QYLD Oct 19, 2026
Paid on
QXQ Sep 29, 2026
QYLD Oct 22, 2026
Frequency
QXQ Quarterly
QYLD Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

QXQQuarterly · 9 paymentsAll QXQ payments⁠
One bar per payment. 9 payments from 2023 to 2026 YTD. Oct 1, 2024 $0.05; Dec 30, 2024 $0.48; Mar 27, 2025 $0.15; Jun 26, 2025 $0.09; Sep 26, 2025 $0.11; Dec 23, 2025 $4.65; Mar 30, 2026 $0.06; Jun 29, 2026 $0.08; Sep 28, 2026 $0.08. Use the arrow keys to read each point.$0$520232026YTD
QYLDMonthly · 46 paymentsAll QYLD payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 23, 2023 $0.17; Feb 21, 2023 $0.17; Mar 20, 2023 $0.17; Apr 24, 2023 $0.17; May 22, 2023 $0.17; Jun 20, 2023 $0.18; Jul 24, 2023 $0.18; Aug 21, 2023 $0.17; Sep 18, 2023 $0.17; Oct 23, 2023 $0.17; Nov 20, 2023 $0.16; Dec 28, 2023 $0.17; Jan 22, 2024 $0.18; Feb 20, 2024 $0.18; Mar 18, 2024 $0.18; Apr 22, 2024 $0.17; May 20, 2024 $0.16; Jun 24, 2024 $0.17; Jul 22, 2024 $0.18; Aug 19, 2024 $0.18; Sep 23, 2024 $0.18; Oct 21, 2024 $0.18; Nov 18, 2024 $0.18; Dec 30, 2024 $0.34; Jan 21, 2025 $0.19; Feb 24, 2025 $0.17; Mar 24, 2025 $0.17; Apr 21, 2025 $0.16; May 19, 2025 $0.17; Jun 23, 2025 $0.17; Jul 21, 2025 $0.17; Aug 18, 2025 $0.17; Sep 22, 2025 $0.17; Oct 20, 2025 $0.17; Nov 24, 2025 $0.17; Dec 22, 2025 $0.18; Jan 20, 2026 $0.18; Feb 23, 2026 $0.18; Mar 23, 2026 $0.17; Apr 20, 2026 $0.18; May 18, 2026 $0.18; Jun 22, 2026 $0.19; Jul 20, 2026 $0.18; Aug 24, 2026 $0.18; Sep 21, 2026 $0.18; Oct 19, 2026 $0.18. Use the arrow keys to read each point.$0$520232026YTD

QXQ vs QYLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QXQ 18.3%since Jul 2024QYLD 8.1%
Return per unit of riskSharpe ratio, 3 years
QXQ 0.78since Jul 2024QYLD 1.31
Worst fallMax drawdown, 5 years
QXQ −22.5%since Jun 2024QYLD −24.6%
Market sensitivityBeta, 5 years
QXQ 1.45QYLD 0.48

QXQ and QYLD in the news

All news⁠

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