QYLD vs QQQ: Dividend Yield, Total Return & Fees Compared

Nasdaq 100 Covered Call ETFInvesco QQQ Trust ETF

Data as of the close · refreshed automatically every trading day

Higher yieldQYLD11.50% vs 0.42%
Better 1-year total returnQQQ+26.02% vs +24.05%
Better 5-year total returnQQQ+105.44% vs +51.18%
Lower expense ratioQQQ0.20% vs 0.61%

QYLD vs QQQ at a glance

Nasdaq 100 Covered Call ETF (QYLD) and Invesco QQQ Trust ETF (QQQ) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, QQQ returned +26.02% with dividends reinvested, compared with +24.05% for QYLD. QYLD currently yields 11.50% (trailing 12-month) against 0.42% for QQQ. Across five years the total-return gap is +105.44% for QQQ vs +51.18% for QYLD.

The higher-yielding fund (QYLD) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.

Key figures for QYLD and QQQ
MetricQYLDQQQ
Last close$18.55$744.50
Dividend yield11.50% (TTM)0.42% (TTM)
Expense ratio0.61%0.20%
Paysmonthlyquarterly
Dividends, last 12 months$2.13 (12 payments)$3.09 (4 payments)
IssuerGlobal XInvesco
InceptionDec 12, 2013Mar 11, 1999

Performance: QYLD vs QQQ

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

QYLDQQQ

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
QYLDNasdaq 100 Covered Call ETF
11.50%
+24.05%$18.55$0.177MonthlyGlobal X
QQQInvesco QQQ Trust ETF
0.42%
+26.02%Best$744.50$0.751QuarterlyInvesco

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
QYLDNasdaq 100 Covered Call ETF+3.29%+6.09%+14.43%+24.05%+32.15%+51.18%
QQQInvesco QQQ Trust ETF+4.86%+4.03%+26.92%+26.02%+54.78%+105.44%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
QYLDNasdaq 100 Covered Call ETF$0.177Sep 21, 2026-3.28%$2.13312 payoutsOct 20, 2025: $0.173Nov 24, 2025: $0.173Dec 22, 2025: $0.178Jan 20, 2026: $0.179Feb 23, 2026: $0.177Mar 23, 2026: $0.172Apr 20, 2026: $0.179May 18, 2026: $0.179Jun 22, 2026: $0.185Jul 20, 2026: $0.178Aug 24, 2026: $0.183Sep 21, 2026: $0.177
QQQInvesco QQQ Trust ETF$0.751Sep 21, 2026-7.63%$3.0914 payoutsDec 27, 2023: $0.216Mar 18, 2024: $0.573Jun 24, 2024: $0.762Sep 23, 2024: $0.677Dec 23, 2024: $0.835Mar 24, 2025: $0.716Jun 23, 2025: $0.591Sep 22, 2025: $0.694Dec 22, 2025: $0.794Mar 23, 2026: $0.733Jun 22, 2026: $0.813Sep 21, 2026: $0.751

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

QYLDQQQ
Sep 21, 2026$0.177Sep 21, 2026$0.751
Aug 24, 2026$0.183Jun 22, 2026$0.813
Jul 20, 2026$0.178Mar 23, 2026$0.733
Jun 22, 2026$0.185Dec 22, 2025$0.794
May 18, 2026$0.179Sep 22, 2025$0.694
Apr 20, 2026$0.179Jun 23, 2025$0.591
Mar 23, 2026$0.172Mar 24, 2025$0.716
Feb 23, 2026$0.177Dec 23, 2024$0.835
Jan 20, 2026$0.179Sep 23, 2024$0.677
Dec 22, 2025$0.178Jun 24, 2024$0.762
Nov 24, 2025$0.173Mar 18, 2024$0.573
Oct 20, 2025$0.173Dec 27, 2023$0.216

QYLD vs QQQ: common questions

Which pays a higher dividend, QYLD or QQQ?

As of September 25, 2026, QYLD yields 11.50% (trailing 12-month) and QQQ yields 0.42% (trailing 12-month), so QYLD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, QYLD or QQQ?

Over the past year with dividends reinvested, QYLD returned +24.05% and QQQ returned +26.02%. Over five years, QYLD returned +51.18% and QQQ returned +105.44%. Past performance does not predict future results.

What would $10,000 in QYLD vs QQQ be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $12,405 in QYLD and $12,602 in QQQ.

Which is cheaper to own, QYLD or QQQ?

QQQ has the lower expense ratio at 0.20% a year, compared with 0.61% for QYLD. On $10,000 that is roughly $20 vs $61 a year.

How often do QYLD and QQQ pay dividends?

QYLD pays monthly (12 payments in the last 12 months) and QQQ pays quarterly (4 payments).

Is QYLD or QQQ the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Related comparisons

More side-by-side comparisons with QYLD and QQQ.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.