Computed head-to-head · 6 dimensions
QYLD vs SPHD
Global X NASDAQ 100 Covered Call ETF versus Invesco S&P 500 High Dividend Low Volatility ETF — yield, safety, growth trend, cost, scale, and tax treatment.
SPHD wins 3–2 on our six-dimension comparison, but QYLD can still be the better fit depending on your priorities — see each dimension below.
Scorecard at a glance
| Dimension | QYLD | SPHD | Winner |
|---|---|---|---|
| Yield | 11.47% | 4.31% | QYLD wins |
| Dividend safety | 5.1/10 | 6.8/10 | SPHD wins |
| Growth trend | — | — | Tie |
| Expense ratio | 60.00% | 30.00% | SPHD wins |
| Scale | $8.3B | $3.3B | QYLD wins |
| Tax efficiency | Ordinary income | Qualified-eligible | SPHD wins |
| Overall | 2 wins | 3 wins | SPHD wins |
Dimension by dimension
QYLD wins on yield (11.47% vs 4.31%)
On a $10,000 investment that's about $716 more in annual dividend income before taxes — though higher yield often comes with higher risk.
SPHD wins on safety (6.8/10 vs 5.1/10)
Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. SPHD scores better on the weighted average of those factors.
Yield-trend comparison unavailable
One or both tickers are missing 5-year average yield data.
SPHD is cheaper (30.00% vs 60.00%)
On a $10,000 position the lower expense ratio saves about $3000/year — small annually but compounds significantly over 20+ years.
QYLD is 2.5× larger by AUM
Larger funds tend to have tighter spreads, deeper liquidity, and lower closure risk.
SPHD is more tax-efficient in a taxable account
QYLD's distributions are typically taxed as ordinary income (covered call ETF, REIT, or mREIT) — versus qualified dividends from SPHD which get the lower long-term capital gains rate.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
Which is better, QYLD or SPHD?
SPHD wins 3–2 on our six-dimension comparison, but QYLD can still be the better fit depending on your priorities — see each dimension below.
Does QYLD or SPHD have a higher yield?
On a $10,000 investment that's about $716 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is QYLD or SPHD a safer dividend?
QYLD scores 5.1/10 (Mixed) on the Infnits dividend safety scale. SPHD scores 6.8/10 (Solid). See the safety dimension above for what drove each score.
Should I own both QYLD and SPHD?
It depends on overlap. Two ETFs in similar categories often hold many of the same companies — owning both can mean paying two expense ratios for similar exposure. Check the underlying holdings before stacking.
Already own QYLD or SPHD? See if the other adds anything.
Connect your brokerage and Infnits checks whether adding SPHD to your existing portfolio actually diversifies — or just duplicates exposure (ETF look-through included).
Check overlap with my portfolio →