Is CEFZ or RYLD a better dividend investment in 2026?

CEFZ currently yields 6.96% with a 5% 5-year dividend growth rate. RYLD yields 12.14% with 5% growth. The better choice depends on your goal: RYLD offers higher current income.

What is the dividend yield difference between CEFZ and RYLD?

CEFZ has a forward dividend yield of 6.96% ($0.55/share annually). RYLD yields 12.14% ($1.81/share annually). The yield gap is 5.18 percentage points.

Home › Compare › CEFZ vs RYLD

CEFZ vs RYLD: Dividend Comparison 2026

CEFZ yields 6.96% · RYLD yields 12.14%● Live data

vsPost on X →

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

🏆 RYLD wins by $12.8K in total portfolio value

INVESTMENT

TIME HORIZON10 years

CEFZ

● Live price

6.96%

Share price

$7.85

Annual div

$0.55

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$31.7K

Annual income

$1,082.35

Full CEFZ calculator →

RYLD

● Live price

12.14%

Share price

$14.95

Annual div

$1.81

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.5K

Annual income

$2,587.35

Full RYLD calculator →

Portfolio growth — CEFZ vs RYLD

📍 RYLD 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	CEFZ	RYLD
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, CEFZ + RYLD cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

—

May

—

Jun

—

Jul

—

Aug

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Sep

—

Oct

—

Nov

—

Dec

—

CEFZ pays

RYLD pays

Both pay

Neither

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Tax Bracket Optimizer

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

CEFZ

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

$591.37/yr

After 10yr DRIP, annual income (after tax)

$920.00/yr

RYLD

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

$1,031.60/yr

After 10yr DRIP, annual income (after tax)

$2,199.25/yr

At 15% tax rate, RYLD beats the other by $1,279.25/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 CEFZ + RYLD for your $10,000?

CEFZ: 50%RYLD: 50%

100% RYLD50/50100% CEFZ

Portfolio after 10yr

$38.1K

Annual income

$1,834.84/yr

Blended yield

4.82%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

CEFZ buys

RYLD buys

No recent congressional trades found for CEFZ or RYLD in the last 90 days.

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

MetricCEFZRYLD

Forward yield	6.96%	12.14% ✓
Annual dividend / share	$0.55	$1.81 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$31.7K	$44.5K ✓
Annual income after 10y	$1,082.35	$2,587.35 ✓
Total dividends collected	$8.9K	$18.8K ✓
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: CEFZ vs RYLD ($10,000, DRIP)

Year	CEFZ Portfolio	CEFZ Income/yr	RYLD Portfolio	RYLD Income/yr	Gap
1← crossover	$11,396	$695.73	$11,914	$1,213.65	$518.00 → RYLD
2	$12,934	$740.97	$14,099	$1,351.30	$1.2K → RYLD
3	$14,626	$786.00	$16,580	$1,494.55	$2.0K → RYLD
4	$16,480	$830.63	$19,384	$1,642.61	$2.9K → RYLD
5	$18,509	$874.72	$22,535	$1,794.70	$4.0K → RYLD
6	$20,722	$918.11	$26,063	$1,950.00	$5.3K → RYLD
7	$23,134	$960.68	$29,995	$2,107.69	$6.9K → RYLD
8	$25,755	$1,002.30	$34,361	$2,266.99	$8.6K → RYLD
9	$28,601	$1,042.88	$39,194	$2,427.12	$10.6K → RYLD
10	$31,685	$1,082.35	$44,525	$2,587.35	$12.8K → RYLD

CEFZ vs RYLD: Complete Analysis 2026

CEFZ — Stock

The fund's adviser will allocate the fund's investments among equities, fixed income securities, and cash and cash equivalents. The adviser may allocate to the various asset classes either through the purchase of closed-end investment companies (including business development companies (BDCs)), exchange-traded funds ("ETFs") and other investment companies (collectively, "underlying funds") or through direct investment in the various securities. To achieve exposure to the asset classes discussed above, it will typically invest more than 50% of its assets in underlying funds.

Full CEFZ Calculator →

RYLD — ETF

The Global X Russell 2000 Covered Call ETF (RYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index.

Full RYLD 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.