QQQI and QYLD are both covered call ETFs tracking the same benchmark, but with different approaches. QQQI offers ~14% yield with a focus on investor seeking nasdaq exposure with high income and optimized tax treatment, while QYLD provides ~11.5% yield targeting retired investor seeking maximum cash flow, accepting capital erosion. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
NEOS Nasdaq 100 High Income ETF
6.5
Overall Score
Global X Nasdaq 100 Covered Call ETF
5.2
Overall Score
| Criteria | QQQI | QYLD |
|---|---|---|
| Overall Score | 6.5 5.2 | |
| Total Return (25%) | 7.6 2.0 | |
| Downside Protection (25%) | 5.7 8.3 | |
| Upside Participation (25%) | 7.7 5.0 | |
| Consistency (15%) | 4.8 4.8 | |
| Expense Ratio (5%) | 4.0 5.0 | |
| Liquidity (5%) | 6.5 7.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QQQI | QYLD |
|---|---|---|
| Expense Ratio | 0.680% | 0.600% |
| Inception Date | Jan 30, 2024 | Dec 11, 2013 |
| Issuer | NEOS | Global X |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 5/5 stars |
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
The yield is real but capital erodes — use with full understanding of the trade-off
Investor Profile:
Retired investor seeking maximum cash flow, accepting capital erosion