QDTE vs QYLD: Income Fund Comparison

Innovation-100 0DTE Covered Call Strategy ETF (QDTE) and GlobalX Nasdaq 100 Covered Call ETF - US (QYLD) 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.

QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs. QYLD: Total expense ratio is 0.60% which is reasonable for a covered call ETF. QDTE the fund launched March 7 2024. QYLD fund inception date was Dec 11th 2013 - over 12 years of history as of review date. Full Dependability and Return scores for both funds are available in the app.

QDTE QYLD
Fund Name Innovation-100 0DTE Covered Call Strategy ETF GlobalX Nasdaq 100 Covered Call ETF - US
Fund Type Index Based Fund Index Based Fund
Exchange NYSE/NASDAQ NYSE/NASDAQ
Last Reviewed 2025-07-10 2026-03-06
Author , Income Investing Analyst
QDTE
QYLD
Overall Score
Dependability

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Fund Attributes: QDTE vs QYLD 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
QDTE
QYLD
Expense Ratio
2/5

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

3/5

Total expense ratio is 0.60% which is reasonable for a covered call ETF.

Fund Company Size
3/5

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

5/5

Mirae Asset Global Investments - a South Korean financial services company - manages over $632 billion in assets worldwide.

Fund History
2/5

The fund launched March 7 2024.

5/5

Fund inception date was Dec 11th 2013 - over 12 years of history as of review date.

Fund AUM
4/5

Approximately $800 Million in the fund.

5/5

$8.36 Billion in assets under management as of March 2026.

Risk: QDTE vs QYLD 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
QDTE
QYLD
Volatility
3/5

Volatility beta is 1.12 which is more volatile than SPY.

5/5

Beta is 0.63 vs SPY (2016-03-11 to 2026-03-06) which is significantly lower than the overall market.

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 QDTE and QYLD — volatility ratings, diversification scores, and analyst notes.

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Return: QDTE vs QYLD 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
QDTE
QYLD
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
5/5

Pays weekly distributions.

4/5

Monthly distributions.

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

See the full Return analysis for both QDTE and QYLD — 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 QDTE and QYLD are available in the Dependable Income Investing app.

See our full scoring methodology →

Frequently Asked Questions: QDTE vs QYLD

Which has a lower expense ratio, QDTE or QYLD?

QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs.
QYLD: Total expense ratio is 0.60% which is reasonable for a covered call ETF.

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

QDTE: Approximately $800 Million in the fund.
QYLD: $8.36 Billion in assets under management as of March 2026.

Which fund has been trading longer, QDTE or QYLD?

QDTE: The fund launched March 7 2024.
QYLD: Fund inception date was Dec 11th 2013 - over 12 years of history as of review date.

Who manages QDTE vs QYLD?

QDTE: As of June 2025 - Roundhill announced that it had surpassed the $5 billion AUM milestone.
QYLD: Mirae Asset Global Investments - a South Korean financial services company - manages over $632 billion in assets worldwide.

Where can I see the full QDTE vs QYLD 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 QDTE and QYLD?

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. GlobalX Nasdaq 100 Covered Call ETF - US is a Index Based Fund. Total expense ratio is 0.60% which is reasonable for a covered call ETF. Full comparison including Dependability Score is available in the Dependable Income Investing app.

Which is better for income investors, QDTE or QYLD?

QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs. The fund launched March 7 2024. QYLD: Total expense ratio is 0.60% which is reasonable for a covered call ETF. Fund inception date was Dec 11th 2013 - over 12 years of history as of review date. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.

Do QDTE and QYLD pay monthly distributions?

QDTE: Pays weekly distributions. QYLD: Monthly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.

See the Full QDTE vs QYLD 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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