IQQQ vs QDTE: Income Fund Comparison

ProShares Nasdaq-100 High Income ETF - US (IQQQ) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF - US (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% as listed on the fund product page snapshot dated 8/14/2026. QDTE: Gross expense ratio is 0.97% per the fund's official Fund Details table. IQQQ fund inception was 3/18/2024; as of the 8/15/2026 review date the fund is about 2.4 years old which rounds up to 3 years. QDTE fund launched March 7 2024 - about 2.4 years old as of this review - rounds up to 3 years. Full Dependability and Return scores for both funds are available in the app.

IQQQ QDTE
Fund Name ProShares Nasdaq-100 High Income ETF - US Roundhill Innovation-100 0DTE Covered Call Strategy ETF - US
Fund Type Index Based Fund Index Based Fund
Exchange NYSE/NASDAQ NYSE/NASDAQ
Last Reviewed Aug 16, 2026 Aug 17, 2026
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% as listed on the fund product page snapshot dated 8/14/2026.

2/5

Gross expense ratio is 0.97% per the fund's official Fund Details table.

Fund Company Size
5/5

ProShares states on its homepage that it offers one of the largest ETF lineups with over $105 billion in assets.

5/5

Roundhill Investments surpassed $30 billion in total firm-wide AUM as of June 26 2026 per its official press release.

Fund History
3/5

Fund inception was 3/18/2024; as of the 8/15/2026 review date the fund is about 2.4 years old which rounds up to 3 years.

3/5

Fund launched March 7 2024 - about 2.4 years old as of this review - rounds up to 3 years.

Fund AUM
3/5

Net assets are about $414.9 million per the fund product page snapshot dated 8/14/2026.

5/5

Fund AUM is $975.05 million per the fund's official Fund Details table.

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

Beta vs SPY is 1.13 over the fund's available price history (2024-03-28 to 2026-08-15) - moderate market sensitivity. Standalone volatility from the price series is 18.27% annualized (weekly total returns) - low-to-moderate choppiness. Beta score (3) and standalone volatility score (4) are within 1 point so the beta score is used as the final rating per the combination rule.

3/5

Beta vs SPY is 1.11 (period 2024-03-15 to 2026-08-15 - the fund's available history) - moderate market sensitivity. Standalone volatility from the price series is 17.97% annualized (weekly total returns) - low-to-moderate choppiness. Beta score (3) used as primary driver since standalone vol score (4) differs by only 1 point.

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's distribution history table shows one payment per month for each of the last 7 consecutive months (February through August 2026) confirming a monthly cadence.

5/5

Distribution history confirms weekly payment dates throughout 2024 - 2025 and 2026.

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% as listed on the fund product page snapshot dated 8/14/2026.
QDTE: Gross expense ratio is 0.97% per the fund's official Fund Details table.

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

IQQQ: Net assets are about $414.9 million per the fund product page snapshot dated 8/14/2026.
QDTE: Fund AUM is $975.05 million per the fund's official Fund Details table.

Which fund has been trading longer, IQQQ or QDTE?

IQQQ: Fund inception was 3/18/2024; as of the 8/15/2026 review date the fund is about 2.4 years old which rounds up to 3 years.
QDTE: Fund launched March 7 2024 - about 2.4 years old as of this review - rounds up to 3 years.

Who manages IQQQ vs QDTE?

IQQQ: ProShares states on its homepage that it offers one of the largest ETF lineups with over $105 billion in assets.
QDTE: Roundhill Investments surpassed $30 billion in total firm-wide AUM as of June 26 2026 per its official press release.

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% as listed on the fund product page snapshot dated 8/14/2026. Roundhill Innovation-100 0DTE Covered Call Strategy ETF - US is a Index Based Fund. Gross expense ratio is 0.97% per the fund's official Fund Details table. 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% as listed on the fund product page snapshot dated 8/14/2026. Fund inception was 3/18/2024; as of the 8/15/2026 review date the fund is about 2.4 years old which rounds up to 3 years. QDTE: Gross expense ratio is 0.97% per the fund's official Fund Details table. Fund launched March 7 2024 - about 2.4 years old as of this review - rounds up to 3 years. 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's distribution history table shows one payment per month for each of the last 7 consecutive months (February through August 2026) confirming a monthly cadence. QDTE: Distribution history confirms weekly payment dates throughout 2024 - 2025 and 2026. 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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