QYLG vs QQA — Covered Call ETF Comparison | CoveredRank

QYLG and QQA 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 QQA provides ~8.5% yield targeting income investors wanting nasdaq-100 exposure with a lower-cost monthly income overlay. 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

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QYLG

Global X Nasdaq 100 Covered Call & Growth ETF

NasdaqInception: Sep 24, 2020

6.1

Overall Score

QQA

Invesco Nasdaq-100 Income Advantage ETF

NasdaqInception: Jan 1, 2022

7.1

Overall Score

CriteriaQYLGQQA
Overall Score
6.1
7.1
Total Return (25%)
7.2
7.6
Downside Protection (25%)
4.1
7.5
Upside Participation (25%)
8.0
7.4
Consistency (15%)
4.9
5.7
Expense Ratio (5%)
5.0
7.6
Liquidity (5%)
5.9
5.8
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Compare Across All Time Windows

Since Inception

3 Years

Pro only

1 Year

Pro only

3 Months

Pro only

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Key Metrics

MetricQYLGQQA
Expense Ratio0.600%0.390%
Inception DateSep 24, 2020Jan 1, 2022
IssuerGlobal XInvesco
Distribution FrequencyMonthlyMonthly
Maturity Rating4/5 stars4/5 stars

Verdicts

QYLG

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

QQA

A cost-efficient alternative to JEPQ and QQQI. Track record still building.

Investor Profile:

Income investors wanting Nasdaq-100 exposure with a lower-cost monthly income overlay