IQQQ vs QDTE: Income Fund Comparison

ProShares Nasdaq-100 High Income ETF - US (IQQQ) and Innovation-100 0DTE Covered Call Strategy ETF (QDTE) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.

IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs. IQQQ the fund launched March 18 2024 so it has less than two years of operating history. QDTE the fund launched March 7 2024. Full Dependability and Return scores for both funds are available in the app.

IQQQ QDTE
Fund Name ProShares Nasdaq-100 High Income ETF - US Innovation-100 0DTE Covered Call Strategy ETF
Fund Type Index Based Fund Index Based Fund
Exchange NYSE/NASDAQ NYSE/NASDAQ
Last Reviewed 2025-07-10 2025-07-10
Author , Income Investing Analyst
IQQQ
QDTE
Overall Score
Dependability

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Fund Attributes: IQQQ vs QDTE 20% of overall score

Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.

Criterion
IQQQ
QDTE
Expense Ratio
3/5

Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF.

2/5

QDTE's MER of 0.95% is notably higher than the average for similar ETFs.

Fund Company Size
5/5

The total assets managed by ProShares are $80 Billion.

3/5

As of June 2025 - Roundhill announced that it had surpassed the $5 billion AUM milestone.

Fund History
2/5

The fund launched March 18 2024 so it has less than two years of operating history.

2/5

The fund launched March 7 2024.

Fund AUM
2/5

The net assets of the fund are about $200 Million.

4/5

Approximately $800 Million in the fund.

Risk: IQQQ vs QDTE 35% of overall score

Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.

Criterion
IQQQ
QDTE
Volatility
3/5

Volatility similar to the market.

3/5

Volatility beta is 1.12 which is more volatile than SPY.

Lower volatility may indicate more stability — important for investors living off their income.
Sector Diversification
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Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
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Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
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The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
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What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.

See the full Risk analysis for both IQQQ and QDTE — volatility ratings, diversification scores, and analyst notes.

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Return: IQQQ vs QDTE 45% of overall score

Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.

Criterion
IQQQ
QDTE
Yield
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The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
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How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
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The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
4/5

The fund pays distributions monthly.

5/5

Pays weekly distributions.

How often the fund pays distributions — monthly payments are generally preferred by income investors.

See the full Return analysis for both IQQQ and QDTE — yield ratings, distribution consistency scores, and capital history.

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Our Review Methodology

Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.

We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?

Full scores, ratings, and analyst notes for both IQQQ and QDTE are available in the Dependable Income Investing app.

See our full scoring methodology →

Frequently Asked Questions: IQQQ vs QDTE

Which has a lower expense ratio, IQQQ or QDTE?

IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF.
QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs.

Which fund has more assets under management, IQQQ or QDTE?

IQQQ: The net assets of the fund are about $200 Million.
QDTE: Approximately $800 Million in the fund.

Which fund has been trading longer, IQQQ or QDTE?

IQQQ: The fund launched March 18 2024 so it has less than two years of operating history.
QDTE: The fund launched March 7 2024.

Who manages IQQQ vs QDTE?

IQQQ: The total assets managed by ProShares are $80 Billion.
QDTE: As of June 2025 - Roundhill announced that it had surpassed the $5 billion AUM milestone.

Where can I see the full IQQQ vs QDTE comparison with scores?

The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.

What is the difference between IQQQ and QDTE?

ProShares Nasdaq-100 High Income ETF - US is a Index Based Fund. Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. Innovation-100 0DTE Covered Call Strategy ETF is a Index Based Fund. QDTE's MER of 0.95% is notably higher than the average for similar ETFs. Full comparison including Dependability Score is available in the Dependable Income Investing app.

Which is better for income investors, IQQQ or QDTE?

IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. The fund launched March 18 2024 so it has less than two years of operating history. QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs. The fund launched March 7 2024. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.

Do IQQQ and QDTE pay monthly distributions?

IQQQ: The fund pays distributions monthly. QDTE: Pays weekly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.

See the Full IQQQ vs QDTE Comparison

The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.

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