QYLG and IQQQ are both covered call ETFs tracking the same benchmark, but with different approaches. QYLG offers ~6% yield with a focus on tech-oriented investor wanting nasdaq exposure with partial income overlay, while IQQQ provides ~9.1% yield targeting income investors seeking nasdaq-100 exposure with daily covered call overlay and tax efficiency. 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
Global X Nasdaq 100 Covered Call & Growth ETF
6.1
Overall Score
ProShares Nasdaq-100 High Income ETF
5.7
Overall Score
| Criteria | QYLG | IQQQ |
|---|---|---|
| Overall Score | 6.1 5.7 | |
| Total Return (25%) | 7.2 8.0 | |
| Downside Protection (25%) | 4.1 0.3 | |
| Upside Participation (25%) | 8.0 8.9 | |
| Consistency (15%) | 4.9 5.9 | |
| Expense Ratio (5%) | 5.0 5.6 | |
| Liquidity (5%) | 5.9 5.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QYLG | IQQQ |
|---|---|---|
| Expense Ratio | 0.600% | 0.550% |
| Inception Date | Sep 24, 2020 | Jan 1, 2022 |
| Issuer | Global X | ProShares |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 4/5 stars | 3/5 stars |
Same logic as XYLG but on Nasdaq — better suited for growth-focused investors than income-focused ones
Investor Profile:
Tech-oriented investor wanting Nasdaq exposure with partial income overlay
Solid but faces stiff competition from QQQI. Tax efficiency is its main differentiator.
Investor Profile:
Income investors seeking Nasdaq-100 exposure with daily covered call overlay and tax efficiency