QYLD vs RYLD: Which Dividend ETF Fits Which Job?
Global X - Nasdaq 100 Covered Call ETF and Global X - Russell 2000 Covered Call ETF, side by side — distributions, growth, returns and holdings from our live dataset.
| Metric | QYLD | RYLD |
|---|---|---|
| Distribution yield | 11.98% | 12.07% |
| Forward annual (per share) | $2.19 | $1.98 |
| Payment frequency | Monthly | Monthly |
| Distribution growth, 1-yr | -10.4% | -6.6% |
| Distribution growth, 3-yr (CAGR) | -2.3% | -10.2% |
| Distribution growth, 5-yr (CAGR) | -4.3% | -5.5% |
| Consecutive annual increases | 0 | 0 |
| 1-yr return (incl. distributions) | 22.5% | 21.3% |
| Market cap | - | - |
| Last price | $18.32 | $16.43 |
| DividendRank | 38 | 38 |
Top-Holdings Overlap
Comparing each fund's top 25 and 2 stored positions, 0 names appear in both, and the shared positions account for about 0.0% of portfolio weight (summing the smaller weight of each shared name). A low overlap means the two funds genuinely own different portfolios — holding both adds variety; a high overlap means they largely duplicate each other.
What Each Fund Does
Global X - Nasdaq 100 Covered Call ETF (QYLD): The Global X Nasdaq 100 Covered Call ETF (QYLD) is designed to approximate the investment outcomes, in terms of both price changes and income generation, of the Cboe Nasdaq-100 BuyWrite V2 Index, preceding the impact of its fees and expenses.
Global X - Russell 2000 Covered Call ETF (RYLD): The Global X Russell 2000 Covered Call ETF, identified by its ticker RYLD, aims to replicate the total return—encompassing both price appreciation and income generation—of the Cboe Russell 2000 BuyWrite Index. This objective is measured before accounting for the ETF's own associated fees and operational expenses.
Top 5 Holdings
| QYLD | Weight | RYLD | Weight |
|---|---|---|---|
| NVIDIA CORP | 8.53% | GLOBAL X RUSSELL 2000 ETF | 102.14% |
| APPLE INC | 7.45% | RAIN ONCOLOGY INC | 0.00% |
| MICROSOFT CORP | 5.89% | - | - |
| MICRON TECHNOLOGY INC | 4.94% | - | - |
| AMAZON.COM INC | 4.57% | - | - |
How to Read This Comparison
The two funds serve different jobs when their yields and growth rates diverge: a higher current yield usually trades away some growth or upside (covered-call funds cap rallies to fund their distributions), while a lower-yielding growth-screened fund aims to raise its payout over time. Neither profile is better in the abstract — they answer different needs, and this page presents the data without recommending either.
Expense ratios and total net assets are not part of our dataset, so they are not shown rather than estimated — check each issuer's page for those before comparing costs.
Related Pages
This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.