QQA vs QYLD: Yield, Cost and Returns Compared
As of Nov 8, 2026, QYLD yields more: 12.52% (dividend yield) against 10.98% for QQA. QQA is cheaper to own at 0.29% a year vs 0.60%. Over the same 2 years (Jul 2024 to Oct 2026), QQA returned 16.4% a year with distributions reinvested, and QYLD 14.0%.
QQAInvesco QQQ Income Advantage ETF10.98%dividend yield
QYLDGlobal X NASDAQ 100 Covered Call ETF12.52%dividend yield| Compared | QQA | QYLD |
|---|---|---|
| YieldDividend yield | 10.98% | 12.52% |
| Expense ratio | 0.29% | 0.60% |
| Total return, 1 yr | +9.6% | +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 Jul 2024 | -8.0% | -9.1% |
| Share price since Jul 2024 | +12% | +2% |
| Pays | Monthly | Monthly |
| Issuer | Invesco | Global X |
| Assets | $894.0M | $8.2B |
| Started | 2024 | 2013 |
| Type | Derivative Income | Derivative Income |
Higher yield
QYLD
12.52%
Lower cost
QQA
0.29%
Better total return
QQA
16.4%/yr
Smaller worst drop
QQA
-8.0%
Key facts: QQA vs QYLD
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, QQA yields 10.98% (dividend yield) and QYLD yields 12.52% (dividend yield).
- QQA's expense ratio is 0.29% and QYLD's is 0.60%: $29 vs $60 a year on $10,000.
- From Jul 2024 to Oct 2026, $10,000 in QQA grew to $14,085 (16.4% a year) and $10,000 in QYLD to $13,441 (14.0% a year), distributions reinvested.
- Their worst month-end drops over that time: -8.0% for QQA and -9.1% for QYLD.
- 9 of QQA's top ten holdings are also in QYLD's top ten, an overlap of at least 33% of the fund.
Cite this page
SmarterDividends, "QQA vs QYLD: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/qqa-vs-qyld
$10,000 in each, Jul 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
QQA became
$14,085
16.4% a year
QYLD became
$13,441
14.0% a year
Top holdings
9 of the top ten overlap, at least 33% of each fund.
QQA
- IUGXX Invesco Premier US Government Money Inst20.5%
- AAPL Apple Inc6.2%
- NVDA NVIDIA Corp6.1%
- MSFT Microsoft Corp4.8%
- MU Micron Technology Inc3.4%
- AMZN Amazon.com Inc3.2%
- AMD Advanced Micro Devices Inc2.8%
- TSLA Tesla Inc2.6%
- META Meta Platforms Inc Class A2.2%
- WMT Walmart Inc2.0%
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%
QQA vs QYLD: questions
Is QQA or QYLD better?
It depends on the job. QYLD pays more today (12.52% vs 10.98%), QQA costs less, and QQA has the better total return over Jul 2024 to Oct 2026, with QQA 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, QQA or QYLD?
QYLD, at 12.52% against 10.98% for QQA as of Nov 8, 2026. On $10,000 that's about $1,252 vs $1,098 a year at today's rates.
Which has the better total return?
QQA. From Jul 2024 to Oct 2026, it returned 16.4% a year with distributions reinvested, against 14.0% for QYLD. $10,000 became $14,085 vs $13,441.
Which is cheaper, QQA or QYLD?
QQA, with a 0.29% expense ratio against 0.60%.
Do QQA and QYLD hold the same things?
Partly. 9 of their top ten holdings match (AAPL, NVDA, MSFT, MU), at least 33% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. QQA leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.