QQQH vs SPYH: Yield, Cost and Returns Compared
As of Nov 8, 2026, QQQH yields more: 9.56% (dividend yield) against 7.94% for SPYH. QQQH is cheaper to own at 0.68% a year vs 0.68%. Over the same months (Apr 2025 to Oct 2026), SPYH returned 17.3% a year with distributions reinvested, and QQQH 15.1%.
QQQHNEOS Nasdaq-100 Hedged Equity Income ETF9.56%dividend yield
SPYHNEOS S&P 500 Hedged Equity Income ETF7.94%dividend yield| Compared | QQQH | SPYH |
|---|---|---|
| YieldDividend yield | 9.56% | 7.94% |
| Expense ratio | 0.68% | 0.68% |
| Total return, 1 yr | +4.2% | +8.7% |
| Total return, 3 yr (a year) | +20.0% | — |
| Total return, 5 yr (a year) | +7.3% | — |
| Worst drop since Apr 2025 | -4.2% | -3.8% |
| Share price since Apr 2025 | +8% | +13% |
| Pays | Monthly | Monthly |
| Issuer | Neos | Neos |
| Assets | $367.6M | $37.8M |
| Started | 2019 | 2025 |
| Type | Equity Hedged | Equity Hedged |
Higher yield
QQQH
9.56%
Lower cost
QQQH
0.68%
Better total return
SPYH
17.3%/yr
Smaller worst drop
SPYH
-3.8%
Key facts: QQQH vs SPYH
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, QQQH yields 9.56% (dividend yield) and SPYH yields 7.94% (dividend yield).
- QQQH's expense ratio is 0.68% and SPYH's is 0.68%: $68 vs $68 a year on $10,000.
- From Apr 2025 to Oct 2026, $10,000 in QQQH grew to $12,342 (15.1% a year) and $10,000 in SPYH to $12,699 (17.3% a year), distributions reinvested.
- Their worst month-end drops over that time: -4.2% for QQQH and -3.8% for SPYH.
- 6 of QQQH's top ten holdings are also in SPYH's top ten, an overlap of at least 29% of the fund.
Cite this page
SmarterDividends, "QQQH vs SPYH: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/qqqh-vs-spyh
$10,000 in each, Apr 2025 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
QQQH became
$12,342
15.1% a year
SPYH became
$12,699
17.3% a year
Top holdings
6 of the top ten overlap, at least 29% of each fund.
QQQH
- AAPL Apple Inc8.1%
- NVDA NVIDIA Corp7.9%
- MSFT Microsoft Corp6.2%
- MU Micron Technology Inc4.4%
- AMZN Amazon.com Inc4.1%
- AMD Advanced Micro Devices Inc3.6%
- TSLA Tesla Inc3.3%
- META Meta Platforms Inc Class A2.9%
- WMT Walmart Inc2.6%
SPYH
- 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 A2.1%
- GOOG Alphabet Inc Class C2.0%
- TSLA Tesla Inc1.7%
- LLY Eli Lilly and Co1.7%
QQQH vs SPYH: questions
Is QQQH or SPYH better?
It depends on the job. QQQH pays more today (9.56% vs 7.94%), QQQH costs less, and SPYH has the better total return over Apr 2025 to Oct 2026, with SPYH 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, QQQH or SPYH?
QQQH, at 9.56% against 7.94% for SPYH as of Nov 8, 2026. On $10,000 that's about $956 vs $794 a year at today's rates.
Which has the better total return?
SPYH. From Apr 2025 to Oct 2026, it returned 17.3% a year with distributions reinvested, against 15.1% for QQQH. $10,000 became $12,699 vs $12,342.
Which is cheaper, QQQH or SPYH?
QQQH, with a 0.68% expense ratio against 0.68%.
Do QQQH and SPYH hold the same things?
Partly. 6 of their top ten holdings match (AAPL, NVDA, MSFT, AMZN), at least 29% of each fund. Owning both doubles up on those.
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SPYH leads on 3 of 4 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.