Home/Compare/FDL vs QYLD

FDL
First Trust Morningstar Dividend Leaders Index Fund
VS
QYLD
Global X NASDAQ 100 Covered Call ETF

FDL vs QYLD: dividend comparison 2026

MetricFDLQYLD
Price $52.93 $18.28
TTM Yield 3.49% 11.63%
Forward Yield 3.57% 12.01%
TTM Dividend / share $1.8480 $2.1260
Payment frequency Quarterly Monthly
Last payment $0.4730 $0.1830
3-yr dividend CAGR 11.0% -2.3%
5-yr dividend CAGR 6.2% -4.3%
10-yr dividend CAGR 7.5% 0.0%
Growth streak 0 years 0 years
Payments on record 83 147
Paying since 2006 2014
Tools Calculator · History Calculator · History

Green cells mark the better value where higher is objectively better (yield, growth, streak). Live data, refreshed daily.

01

How to read this matchup

Income today vs income tomorrow. A higher trailing yield pays more now; a higher dividend CAGR compounds into more income later. Ten years of 6.2% annual growth roughly multiplies the payout per share.

Frequency matters for compounding. FDL pays quarterly and QYLD pays monthly. More frequent payments reinvest sooner, which helps DRIP slightly, and smooth out cash flow for anyone living off the income.

Model both in the calculator with your own numbers: FDL dividend calculator and QYLD dividend calculator.

02

FAQ

Which has the higher yield, FDL or QYLD?

QYLD currently has the higher trailing yield: 11.63% for QYLD versus 3.49% for FDL. Yield alone is not the whole story: check growth rates and payment consistency below.

Which dividend grows faster, FDL or QYLD?

FDL has grown its payout faster over the past 5 years: 6.2% versus -4.3% compound annual growth.

Can I hold both FDL and QYLD?

Yes, and many income investors do. A common approach pairs a higher-yield position for current income with a higher-growth position for future income. Check the overlap of their strategies before doubling up on the same exposure.