Is BWLAX or QYLD a better dividend investment in 2026?

BWLAX currently yields 12.27% with a 5% 5-year dividend growth rate. QYLD yields 11.92% with -2.1% growth. The better choice depends on your goal: BWLAX offers higher current income.

What is the dividend yield difference between BWLAX and QYLD?

BWLAX has a forward dividend yield of 12.27% ($3.10/share annually). QYLD yields 11.92% ($2.04/share annually). The yield gap is 0.35 percentage points.

Home › Compare › BWLAX vs QYLD

BWLAX vs QYLD: Dividend Comparison 2026

BWLAX yields 12.27% · QYLD yields 11.92%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 BWLAX wins by $19.5K in total portfolio value

INVESTMENT

TIME HORIZON10 years

BWLAX

● Live price

12.27%

Share price

$25.26

Annual div

$3.10

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.9K

Annual income

$2,635.14

Full BWLAX calculator →

QYLD

Global X Nasdaq 100 Covered Call ETF

● Live price

11.92%

Share price

$17.15

Annual div

$2.04

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$25.4K

Annual income

$5,659.31

Full QYLD calculator →

Portfolio growth — BWLAX vs QYLD

📍 BWLAX pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	BWLAX	QYLD
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, BWLAX + QYLD cover 0 of 12 months — good coverage

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

BWLAX pays

QYLD pays

Both pay

Neither

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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

BWLAX

Annual income on $10K today (after 15% tax)

$1,042.58/yr

After 10yr DRIP, annual income (after tax)

$2,239.87/yr

QYLD

Annual income on $10K today (after 15% tax)

$1,013.51/yr

After 10yr DRIP, annual income (after tax)

$4,810.41/yr

At 15% tax rate, QYLD beats the other by $2,570.54/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of BWLAX + QYLD for your $10,000?

BWLAX: 50%QYLD: 50%

100% QYLD50/50100% BWLAX

Portfolio after 10yr

$35.1K

Annual income

$4,147.23/yr

Blended yield

11.80%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

BWLAX buys

QYLD buys

No recent congressional trades found for BWLAX or QYLD in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricBWLAXQYLD

Forward yield	12.27% ✓	11.92%
Annual dividend / share	$3.10 ✓	$2.04
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$44.9K ✓	$25.4K
Annual income after 10y	$2,635.14	$5,659.31 ✓
Total dividends collected	$19.1K	$27.1K ✓
Payment frequency	quarterly	monthly
Sector	Stock	ETF

Year-by-year: BWLAX vs QYLD ($10,000, DRIP)

Year	BWLAX Portfolio	BWLAX Income/yr	QYLD Portfolio	QYLD Income/yr	Gap
1← crossover	$11,927	$1,226.56	$10,352	$1,192.36	+$1.6K → BWLAX
2	$14,129	$1,367.17	$10,830	$1,347.57	+$3.3K → BWLAX
3	$16,631	$1,513.64	$11,460	$1,539.07	+$5.2K → BWLAX
4	$19,461	$1,665.19	$12,275	$1,777.84	+$7.2K → BWLAX
5	$22,644	$1,821.01	$13,323	$2,078.95	+$9.3K → BWLAX
6	$26,209	$1,980.26	$14,667	$2,463.34	+$11.5K → BWLAX
7	$30,186	$2,142.11	$16,396	$2,960.57	+$13.8K → BWLAX
8	$34,605	$2,305.73	$18,631	$3,612.97	+$16.0K → BWLAX
9	$39,497	$2,470.33	$21,548	$4,482.15	+$17.9K → BWLAX
10	$44,897	$2,635.14	$25,398	$5,659.31	+$19.5K → BWLAX

BWLAX vs QYLD: Complete Analysis 2026

BWLAX — Stock

The fund invests in a diversified portfolio of stocks of large capitalization companies that are listed on the New York Stock Exchange, NYSE American, or NASDAQ. Under normal market conditions, at least 80% of Fund net assets (plus borrowings for investment purposes) are invested in stocks from among those in the large-cap value category at the time of purchase.

Full BWLAX Calculator →

QYLD — ETF

The Global X Nasdaq 100 Covered Call ETF (QYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Nasdaq-100 BuyWrite V2 Index.

Full QYLD Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.