QDTE and QDTY both pair Nasdaq-100 exposure with calls that expire on the day they are sold. Roundhill and YieldMax manage separate implementations; a shared index and a weekly payout goal do not make the return paths identical.
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.
QDTE has outpaced QDTY over the trailing twelve months, posting a 22.67% total return against 20.40%. Measured from Feb 2025 — the start of shared available history — QDTE has compounded at 19.21% a year versus 16.36% for QDTY. 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 Feb 2025” measures every fund from February 13, 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 past year. 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 past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate, SEC yield and return of capital
Metric
QDTE
QDTY
Forward distribution rate
19.75%
28.72%
Trailing 12-month yield
44.08%
36.60%
30-day SEC yield
—
-0.94%
Return of capital
100.00%
100.00%
Total return (price change plus reinvested distributions) is the Total returns section above. Return of capital is the share of a recent distribution that was not income. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
Seeks weekly income by investing at least 80% of net assets in instruments that provide exposure to the Nasdaq-100 Index and writing zero-days-to-expiration (0DTE) call options against that exposure.
Seeks weekly income through a synthetic covered call strategy that provides exposure to the price return of the Nasdaq-100 Index while selling call options on the index or on ETFs that track it.
Bottom lineChoose QDTE if you want Roundhill's same-day call implementation and accept equity losses. Choose QDTY if you want YieldMax's same-day call implementation and accept equity losses. No. Cash paid can coincide with a falling NAV. Compare total return over the same available dates, then examine distribution variability, expenses and option positioning. A 0DTE call expires quickly, but it does not remove the underlying equity exposure or guarantee that premiums offset a market decline.
QDTE vs QDTY: Nasdaq 0DTE Income Compared
QDTE and QDTY both pair Nasdaq-100 exposure with calls that expire on the day they are sold. Roundhill and YieldMax manage separate implementations; a shared index and a weekly payout goal do not make the return paths identical.
QDTE
QDTY
Approach
Roundhill Nasdaq-100 0DTE strategy
YieldMax Nasdaq-100 0DTE strategy
Risk review
Index declines and intraday option path
Index declines and intraday option path
Expense ratio
0.96%
1.17%
Portfolio fit
Review combined holdings and weights
Review combined holdings and weights
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Capped upside and premium dependence. QDTE and QDTY generate 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.
Roundhill Investments is known for offering innovative, specialized ETFs that often feature weekly dividend distributions and exposure to trending themes and individual mega-cap stocks. Their lineup spans income-focused strategies, leveraged products, thematic investments in areas like cryptocurrency and artificial intelligence, and weekly-pay funds that appeal to investors seeking frequent distributions. The issuer has built a distinctive niche with products targeting both traditional income seekers and those interested in emerging sectors, offering a diverse range of tickers that go well beyond conventional dividend vehicles.
See our curated list of related YouTube videos on QDTE.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
YieldMax is known for specializing in options-based and income-focused ETFs that emphasize yield generation through covered call strategies and other income-producing methodologies. The firm operates a diverse lineup of 63 funds organized across multiple families including covered call strategies, 0DTE (zero days to expiration) options, double distribution approaches, and various target-date and performance-based portfolios designed to generate regular distributions. Notable offerings span popular underlying assets like major technology stocks and broad market indices, with a particular emphasis on providing enhanced income solutions for investors seeking regular cash flows through options strategies and other tactical approaches.
See our curated list of related YouTube videos on QDTY.
QDTE and QDTY both pair Nasdaq-100 exposure with calls that expire on the day they are sold. Roundhill and YieldMax manage separate implementations; a shared index and a weekly payout goal do not make the return paths identical.
No. Cash paid can coincide with a falling NAV. Compare total return over the same available dates, then examine distribution variability, expenses and option positioning. A 0DTE call expires quickly, but it does not remove the underlying equity exposure or guarantee that premiums offset a market decline.
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Start at the later fund's available history and use the same end date. Comparing each fund since its own inception mixes different market conditions. A short shared history cannot establish performance across a full market cycle.
Current metrics use the dated snapshot above. Distributions can vary and may include return of capital; a distribution rate is not an expected total return.
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Frequently asked questions
Does the higher weekly payout make QDTE or QDTY the better performer?
No. Cash paid can coincide with a falling NAV. Compare total return over the same available dates, then examine distribution variability, expenses and option positioning. A 0DTE call expires quickly, but it does not remove the underlying equity exposure or guarantee that premiums offset a market decline.
How should I compare risk and ownership costs?
Use matching dates and definitions for returns, distributions, and fees. Beta describes historical benchmark sensitivity, not guaranteed downside protection. Check current bid-ask spreads and premiums or discounts; AUM alone does not determine the price available for your order.
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