IWMI vs QYLD: Yield, Cost and Returns Compared
As of Nov 8, 2026, IWMI yields more: 15.07% (dividend yield) against 12.52% for QYLD. QYLD is cheaper to own at 0.60% a year vs 0.68%. Over the same 2 years (Jun 2024 to Oct 2026), IWMI returned 14.5% a year with distributions reinvested, and QYLD 13.7%.
IWMINEOS Russell 2000 High Income ETF15.07%dividend yield
QYLDGlobal X NASDAQ 100 Covered Call ETF12.52%dividend yield| Compared | IWMI | QYLD |
|---|---|---|
| YieldDividend yield | 15.07% | 12.52% |
| Expense ratio | 0.68% | 0.60% |
| Total return, 1 yr | +15.2% | +15.7% |
| Total return, 3 yr (a year) | — | +15.8% |
| Total return, 5 yr (a year) | — | +7.8% |
| Total return, 10 yr (a year) | — | +9.7% |
| Worst drop since Jun 2024 | -15.3% | -9.1% |
| Share price since Jun 2024 | −2% | +1% |
| Pays | Monthly | Monthly |
| Issuer | Neos | Global X |
| Assets | $1.3B | $8.2B |
| Started | 2024 | 2013 |
| Type | Derivative Income | Derivative Income |
Higher yield
IWMI
15.07%
Lower cost
QYLD
0.60%
Better total return
IWMI
14.5%/yr
Smaller worst drop
QYLD
-9.1%
Key facts: IWMI vs QYLD
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, IWMI yields 15.07% (dividend yield) and QYLD yields 12.52% (dividend yield).
- IWMI's expense ratio is 0.68% and QYLD's is 0.60%: $68 vs $60 a year on $10,000.
- From Jun 2024 to Oct 2026, $10,000 in IWMI grew to $13,714 (14.5% a year) and $10,000 in QYLD to $13,502 (13.7% a year), distributions reinvested.
- Their worst month-end drops over that time: -15.3% for IWMI and -9.1% for QYLD.
- 0 of IWMI's top ten holdings are also in QYLD's top ten.
Cite this page
SmarterDividends, "IWMI vs QYLD: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/iwmi-vs-qyld
$10,000 in each, Jun 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
IWMI became
$13,714
14.5% a year
QYLD became
$13,502
13.7% a year
Top holdings
No overlap in the top ten.
IWMI
- VTWO Vanguard Russell 2000 ETF99.7%
- FXFXX First American Treasury Obligs X0.7%
QYLD
- AAPL Apple Inc8.2%
- NVDA NVIDIA Corp8.1%
- MSFT Microsoft Corp6.3%
- MU Micron Technology Inc4.5%
- AMZN Amazon.com Inc4.2%
- AMD Advanced Micro Devices Inc3.7%
- TSLA Tesla Inc3.4%
- META Meta Platforms Inc Class A3.0%
- WMT Walmart Inc2.7%
- GOOGL Alphabet Inc Class A2.7%
IWMI vs QYLD: questions
Is IWMI or QYLD better?
It depends on the job. IWMI pays more today (15.07% vs 12.52%), QYLD costs less, and IWMI has the better total return over Jun 2024 to Oct 2026, with QYLD holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, IWMI or QYLD?
IWMI, at 15.07% against 12.52% for QYLD as of Nov 8, 2026. On $10,000 that's about $1,507 vs $1,252 a year at today's rates.
Which has the better total return?
IWMI. From Jun 2024 to Oct 2026, it returned 14.5% a year with distributions reinvested, against 13.7% for QYLD. $10,000 became $13,714 vs $13,502.
Which is cheaper, IWMI or QYLD?
QYLD, with a 0.60% expense ratio against 0.68%.
Do IWMI and QYLD hold the same things?
Not at the top: none of their top ten holdings match.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. QYLD leads on 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.