QDTE vs SPYI: Yield, Cost and Returns Compared
As of Nov 7, 2026, QDTE yields more: 47.62% (dividend yield) against 12.33% for SPYI. SPYI is cheaper to own at 0.68% a year vs 0.96%. Over the same 2 years (Mar 2024 to Oct 2026), QDTE returned 18.3% a year with distributions reinvested, and SPYI 14.6%.
QDTERoundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF47.62%dividend yield
SPYINeos S&P 500(R) High Income ETF12.33%dividend yield| Compared | QDTE | SPYI |
|---|---|---|
| YieldDividend yield | 47.62% | 12.33% |
| Expense ratio | 0.96% | 0.68% |
| Total return, 1 yr | +11.4% | +11.9% |
| Total return, 3 yr (a year) | — | +18.0% |
| Worst drop since Mar 2024 | -13.4% | -5.5% |
| Share price since Mar 2024 | −41% | +4% |
| Pays | Weekly | Monthly |
| Issuer | Roundhill | Neos |
| Assets | $875.5M | $12.5B |
| Started | 2024 | 2022 |
| Type | Derivative Income | Derivative Income |
Higher yield
QDTE
47.62%
Lower cost
SPYI
0.68%
Better total return
QDTE
18.3%/yr
Smaller worst drop
SPYI
-5.5%
Key facts: QDTE vs SPYI
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, QDTE yields 47.62% (dividend yield) and SPYI yields 12.33% (dividend yield).
- QDTE's expense ratio is 0.96% and SPYI's is 0.68%: $96 vs $68 a year on $10,000.
- From Mar 2024 to Oct 2026, $10,000 in QDTE grew to $15,453 (18.3% a year) and $10,000 in SPYI to $14,228 (14.6% a year), distributions reinvested.
- Their worst month-end drops over that time: -13.4% for QDTE and -5.5% for SPYI.
- 0 of QDTE's top ten holdings are also in SPYI's top ten.
Cite this page
SmarterDividends, "QDTE vs SPYI: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/qdte-vs-spyi
$10,000 in each, Mar 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
QDTE became
$15,453
18.3% a year
SPYI became
$14,228
14.6% a year
Top holdings
No overlap in the top ten.
QDTE
- WEEK Roundhill Weekly T-Bill ETF5.5%
- FGXXX First American Government Obligs X3.4%
SPYI
- AAPL Apple Inc7.7%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp5.9%
- AMZN Amazon.com Inc3.6%
- GOOGL Alphabet Inc Class A2.5%
- AVGO Broadcom Inc2.4%
- META Meta Platforms Inc Class A2.0%
- GOOG Alphabet Inc Class C2.0%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
QDTE vs SPYI: questions
Is QDTE or SPYI better?
It depends on the job. QDTE pays more today (47.62% vs 12.33%), SPYI costs less, and QDTE has the better total return over Mar 2024 to Oct 2026, with SPYI 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, QDTE or SPYI?
QDTE, at 47.62% against 12.33% for SPYI as of Nov 7, 2026. On $10,000 that's about $4,762 vs $1,233 a year at today's rates.
Which has the better total return?
QDTE. From Mar 2024 to Oct 2026, it returned 18.3% a year with distributions reinvested, against 14.6% for SPYI. $10,000 became $15,453 vs $14,228.
Which is cheaper, QDTE or SPYI?
SPYI, with a 0.68% expense ratio against 0.96%.
Do QDTE and SPYI 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. SPYI leads on 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 7, 2026.