Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
IONQ has outpaced IOYY over the year to date, posting a -6.22% total return against -27.94%. IOYY has been the steadier holding, though — annualized volatility of 29.2% against 91.1% for IONQ. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 30, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Nov 2025” measures every fund from November 4, 2025 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the shared window since Nov 2025. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the shared window since Nov 2025) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate and SEC yield
Metric
IONQ
IOYY
Forward distribution rate
—
75.97%
Trailing 12-month yield
—
223.09%
30-day SEC yield
—
1.25%
Total return (price change plus reinvested distributions) is the Total returns section above. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
Side-by-side snapshot
Side-by-side snapshot. Each row is one metric;
each column is one fund.
Develops trapped-ion quantum computers and provides cloud-based quantum computing access to enterprise, government, and research customers.
Seeks to provide weekly income through selling near-the-money put spreads on leveraged ETFs linked to IonQ, with built-in risk control through the put spread collar structure.
Bottom lineChoose IONQ if you want direct ownership of the underlying business, with no fund wrapper or management fee. Choose IOYY if you want to maximize current income — roughly 75.97%, generated by selling options premium. There's no free lunch: IOYY's payout comes from selling options, which caps upside and can erode the share price over time, while IONQ keeps full price exposure.
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Daily leverage reset. IOYY targets a multiple of the index's DAILY move, resetting every session. Over weeks and months the compounding of daily resets (volatility decay) can drag returns far below the stated multiple, especially in choppy markets — and losses are magnified the same way gains are.
Capped upside and premium dependence. IOYY generates income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
GraniteShares is known for offering specialized ETF strategies that extend beyond traditional equity and bond investing, particularly through structured products and income-focused solutions. The firm manages 48 ETFs organized around distinct fund families including Autocallable products, Commodities, Income strategies, Leveraged exposures, and their YieldBOOST line designed to enhance distributions. GraniteShares targets investors seeking alternative income generation methods and commodity access, with popular tickers like AHD, CRY, and FBL representing their diverse approach to yield enhancement and alternative asset classes.
See our curated list of related YouTube videos on IOYY.
IONQ (IonQ, Inc.) is a stock, while IOYY (GraniteShares YieldBOOST IONQ ETF) is an ETF — their trading structures differ.
IOYY currently shows a 75.97% distribution yield. IONQ has not yet established a full distribution history, so a comparable yield figure is not available.
Still deciding? Track IONQ & IOYY for free
Create a free Dividend Vision account to keep them on a watchlist, get notified when they declare dividends, and see how much income they would add to your portfolio.
On a $10,000 investment, IONQ has no reported distribution yield yet, so a cash estimate is not available, while IOYY would produce $146.10 cash per distribution, at current distribution rates.
IONQ yield—
IOYY yield75.97%
Cost & efficiency
IOYY charges a 1.07% expense ratio — roughly $1,070 over 10 years on $10,000 (simplified, not compounded). IONQ is a stock, not a fund, so it charges no expense ratio.
IOYY ER1.07%
Strategy & risk
IONQ is a stock built around quantum computing exposure, while IOYY tracks IonQ (IONQ) with an options approach.
IONQ beta3.295
IOYY beta—
Security details
IONQ (IonQ, Inc.) is a stock. IOYY is managed by GraniteShares (launched 11/04/2025) with $4.35M in assets.
Do us a favor — if you found this comparison useful, please share it with a friend researching dividend investments.
Frequently asked questions
Which of IONQ or IOYY pays more dividend income?
IOYY currently reports a distribution yield, while IONQ has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.
What is the difference between IONQ and IOYY?
IONQ (IonQ, Inc.) is a stock built around quantum computing exposure, while IOYY (GraniteShares YieldBOOST IONQ ETF) tracks IonQ (IONQ) with an options approach. They are issued by — and GraniteShares respectively.
Can I hold both IONQ and IOYY?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, IONQ or IOYY?
IOYY charges a 1.07% expense ratio. IONQ is a stock, not a fund, so it has no expense ratio — owning it directly costs nothing in ongoing fund fees.
How much income does $10,000 in IONQ vs IOYY generate?
At current rates, IONQ has not established a distribution history yet, so a cash estimate is not available. The same in IOYY would produce about $146.10 cash per distribution ($7,597.00 annually).
Which has performed better historically, IONQ or IOYY?
IONQ has outpaced IOYY over the year to date, posting a -6.22% total return against -27.94%. IOYY has been the steadier holding, though — annualized volatility of 29.2% against 91.1% for IONQ. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
Explore related screeners
Lateral filters that include these funds — browse the full peer set on DividendVision.
IONQ is a quantum computing company that develops trapped-ion quantum computers and sells cloud access to enterprise and government customers. The comparison pits a volatile growth stock against a synthetic-income strategy tied to the same underlying company. The largest difference is structure: IONQ offers pure equity upside with no income and no downside collar, while IOYY harvests options premium through sold put spreads, meaning it captures income but forgoes most price appreciation above the put spread strike. Third, IOYY's $4.35M asset base is tiny compared to IONQ's public float, and IOYY launched only 10 months ago, meaning its strategy has no real-world track record through a market downturn or volatility spike.
Who each is best for
IONQ: Investors seeking long-term exposure to an early-stage quantum computing company and comfortable with a 3.295 beta and no near-term income. Fits portfolios where capital appreciation over years matters more than cash flow. Suits income-focused traders with high risk tolerance and a short to medium time horizon.
Key risks to know
NAV erosion at extreme distribution yield. A 75.97% annualized payout from a strategy that collects weekly put-spread premium is mathematically constrained by the underlying's volatility and the width of the spreads. When realized volatility falls or spreads tighten, distributions may compress sharply, and cumulative NAV loss becomes a question to investigate if the put spreads are funded partly by principal drawdown rather than pure premium capture.
Single-name concentration and quantum sector risk. Both securities tie fully to IONQ and the quantum computing industry, which remains pre-revenue or early-revenue for most competitors. A sustained downturn in IONQ's business prospects or investor appetite for quantum plays would hit both simultaneously; there is no diversification between them.
Options-collared upside cap in IOYY. The put spread structure in IOYY systematically sells away gains above the short put strike. If IONQ rallies sharply, IOYY will underperform IONQ significantly, potentially by tens of percentage points over months. This is not a cost; it is a structural design choice that trades cap gains for income. Leveraged products decay under sideways or choppy price action and reset daily, introducing path-dependent performance drag that will not appear in simple buy-and-hold comparisons. IONQ, as a public stock, has broader market liquidity. Both carry quantum sector risk and are tied exclusively to one company. Past performance does not predict future results.
AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.
Learn the method
The metrics behind this comparison, explained in the Academy.
Still deciding? Compare them against your own portfolio
See how each security fits alongside your real holdings — forecast future income, analyze overlap, and gauge risk. Start a free 7-day Dividend Vision trial and make the call with your full portfolio in view.
