QYLD vs SPHY: ETF Comparison
Compare QYLD (Global X Nasdaq 100 Covered Call ETF) and SPHY (State Street SPDR Portfolio High Yield Bond ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Sep 15, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
QYLD vs SPHY: The Verdict
On average annual total return since inception, QYLD edges out SPHY: +8.8% per year vs +4.9% per year — a gap of 3.9 percentage points annually. Total return counts both price movement and dividends, so this is the whole picture of each fund's performance, not just yield.
Income investors will notice the yield gap: QYLD currently yields 12.4% vs SPHY's 7.54%. Higher yield often comes with trade-offs in price appreciation, which is exactly why total return is the fairer scoreboard.
QYLD vs SPHY Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| QYLD | Global X Nasdaq 100 Covered Call ETF | Global X | 12/12/2013 | 12.8y | +194.0% | +8.8% | 12.4% | 0.60% | B |
| SPHY | State Street SPDR Portfolio High Yield Bond ETF | State Street | 6/18/2012 | 14.2y | +97.0% | +4.9% | 7.54% | 0.05% | D |
QYLD vs SPHY — Frequently Asked Questions
Which is better, QYLD or SPHY?
By average annual total return since inception, QYLD edges out SPHY (+8.8% vs +4.9% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between QYLD and SPHY?
QYLD (Global X Nasdaq 100 Covered Call ETF) is offered by Global X and currently yields 12.4%. SPHY (State Street SPDR Portfolio High Yield Bond ETF) is offered by State Street and yields 7.54%. Their average annual total returns since inception are +8.8% and +4.9% respectively.
Does QYLD pay a higher dividend than SPHY?
QYLD currently yields 12.4% and SPHY yields 7.54%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.