QDVO vs QQQI: Which Covered Call ETF Is Better?

QDVO and QQQI are both covered call ETFs tracking the same benchmark, but with different approaches. QDVO offers ~5.8% yield with a focus on growth investors who want some income without fully sacrificing upside participation, while QQQI provides ~14% yield targeting investor seeking nasdaq exposure with high income and optimized tax treatment. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.

Compare ETFs

Compare covered call ETFs with the same benchmark side by side

Step 1: Select Benchmark

Step 2: Select ETFs to Compare

QDVO

Amplify CWP Growth & Income ETF

NasdaqInception: Jan 1, 2022

7.68

Overall Score

QQQI

NEOS Nasdaq 100 High Income ETF

NasdaqInception: Jan 30, 2024

7.43

Overall Score

CriteriaQDVOQQQI
Overall Score
7.68
7.43
Total Return (25%)
8.58
8.16
Downside Protection (25%)
6.08
5.48
Upside Participation (25%)
8.01
7.98
Consistency (15%)
9.60
10.00
Expense Ratio (5%)
5.62
4.00
Liquidity (5%)
5.89
6.55
🔒

Compare Across All Time Windows

Since Inception

3 Years

Pro only

1 Year

Pro only

3 Months

Pro only

Upgrade to Pro — $34/month

Key Metrics

MetricQDVOQQQI
Expense Ratio0.550%0.680%
Inception DateJan 1, 2022Jan 30, 2024
IssuerAmplifyNEOS
Distribution FrequencyMonthlyMonthly
Maturity Rating3/5 stars2/5 stars

Verdicts

QDVO

The aggressive sibling of DIVO. Higher risk, higher upside potential. Not for conservative income investors.

Investor Profile:

Growth investors who want some income without fully sacrificing upside participation

QQQI

Ranked #1 in our model but interpret with caution — only 2 maturity stars, no 2022-style correction in its history

Investor Profile:

Investor seeking Nasdaq exposure with high income and optimized tax treatment

Full scores for these funds

QDVO scorecardQQQI scorecard

Other comparisons in this benchmark group

See where these rank against every SPY fund

Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.

View the full rankingsHow the scores are built

Get the monthly ranking by email

28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.

We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.