ETF Comparison
QYLD vs QQQI: Which Is the Better Pick in 2026?
A head-to-head comparison of Global X Nasdaq 100 Covered Call ETF and NEOS Nasdaq-100 High Income ETF covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| QYLD | QQQI | |
|---|---|---|
| Full name | Global X Nasdaq 100 Covered Call ETF | NEOS Nasdaq-100 High Income ETF |
| Issuer | Global X | NEOS |
| Price | $17.25 | $50.19 |
| Distribution yield | 11.62% | 14.22% |
| Expense ratio | 0.60% | 0.68% |
| AUM | $8.3B | $8.9B |
| Distribution frequency | Monthly | Monthly |
| Underlying index | NASDAQ 100 | NASDAQ 100 |
| Objective | Covered Call | Seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. |
| Asset class | Equity | Equity |
| Inception date | 12/11/2013 | 01/29/2024 |
| Beta | 0.51 | 0.0 |
| Last dividend | $0.17 | $0.61 |
| Ex-dividend date | 03/23/2026 | 03/18/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
QYLD (Global X Nasdaq 100 Covered Call ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both popular monthly-pay covered call ETFs, but they take different approaches.
QQQI offers the higher yield at 14.22% vs 11.62% for QYLD. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
QYLD is cheaper with an expense ratio of 0.60% compared to 0.68%.
QQQI is the larger fund by assets ($8.9B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, QYLD would generate roughly $96.83/month while QQQI would produce $118.50/month at current distribution rates. Both pay monthly distributions.
Cost & efficiency
Over 10 years on $10,000, QYLD would cost approximately $600 in fees vs $680 for QQQI (simplified, not compounded). The $80.00 difference may be offset by yield or performance.
Strategy & risk
QYLD tracks NASDAQ 100 with a covered call approach, while QQQI tracks NASDAQ 100 using a seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. strategy. Beta is 0.51 for QYLD and 0.0 for QQQI, indicating QQQI is less volatile relative to the market.
Fund details
QYLD is managed by Global X (launched 12/11/2013) with $8.3B in assets. QQQI is managed by NEOS (launched 01/29/2024) with $8.9B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is QYLD or QQQI better for dividend income?
It depends on your goals. QQQI currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between QYLD and QQQI?
QYLD (Global X Nasdaq 100 Covered Call ETF) tracks NASDAQ 100 with a covered call strategy, while QQQI (NEOS Nasdaq-100 High Income ETF) tracks NASDAQ 100 with a seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. approach. They are issued by Global X and NEOS respectively.
Can I hold both QYLD and QQQI?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, QYLD or QQQI?
QYLD has an expense ratio of 0.60% while QQQI charges 0.68%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in QYLD vs QQQI generate?
At current yields, $10,000 in QYLD would generate roughly $96.83 per month ($1,162.00 annually). The same in QQQI would produce about $118.50 per month ($1,422.00 annually).
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