Is FMRAX or QYLD a better dividend investment in 2026?

FMRAX currently yields 2.60% with a 5% 5-year dividend growth rate. QYLD yields 11.92% with -2.1% growth. The better choice depends on your goal: QYLD offers higher current income.

What is the dividend yield difference between FMRAX and QYLD?

FMRAX has a forward dividend yield of 2.60% ($0.32/share annually). QYLD yields 11.92% ($2.04/share annually). The yield gap is 9.32 percentage points.

Home › Compare › FMRAX vs QYLD

FMRAX vs QYLD: Dividend Comparison 2026

FMRAX yields 2.60% · QYLD yields 11.92%● Live data

vsPost on X →

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

🏆 QYLD wins by $1.8K in total portfolio value· pulled ahead in Year 10

INVESTMENT

TIME HORIZON10 years

FMRAX

● Live price

2.60%

Share price

$12.46

Annual div

$0.32

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$23.6K

Annual income

$307.54

Full FMRAX 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 — FMRAX vs QYLD

📍 QYLD pulled ahead of the other in Year 10

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	FMRAX	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, FMRAX + QYLD cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

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May

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Jun

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Jul

—

Aug

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Sep

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Oct

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Nov

—

Dec

—

FMRAX pays

QYLD pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

FMRAX

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

$221.03/yr

After 10yr DRIP, annual income (after tax)

$261.41/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 $4,549.00/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 FMRAX + QYLD for your $10,000?

FMRAX: 50%QYLD: 50%

100% QYLD50/50100% FMRAX

Portfolio after 10yr

$24.5K

Annual income

$2,983.43/yr

Blended yield

12.18%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FMRAX buys

QYLD buys

Politician	Chamber	Ticker	Type	Amount	Date
Tim Moore	🏢 House	$QYLD	▼ Sell	$15,001 - $50,000	2025-05-02
Tim Moore	🏢 House	$QYLD	▲ Buy	$15,001 - $50,000	2025-04-07
Dwight Evans	🏢 House	$QYLD	▼ Sell	$1,001 - $15,000	2022-11-14
Dwight Evans	🏢 House	$QYLD	▼ Sell	$1,001 - $15,000	2020-10-29

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

MetricFMRAXQYLD

Forward yield	2.60%	11.92% ✓
Annual dividend / share	$0.32	$2.04 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$23.6K	$25.4K ✓
Annual income after 10y	$307.54	$5,659.31 ✓
Total dividends collected	$2.9K	$27.1K ✓
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	FMRAX Portfolio	FMRAX Income/yr	QYLD Portfolio	QYLD Income/yr	Gap
1	$10,960	$260.03	$10,352	$1,192.36	+$608.00 → FMRAX
2	$11,994	$266.35	$10,830	$1,347.57	+$1.2K → FMRAX
3	$13,106	$272.40	$11,460	$1,539.07	+$1.6K → FMRAX
4	$14,301	$278.18	$12,275	$1,777.84	+$2.0K → FMRAX
5	$15,586	$283.70	$13,323	$2,078.95	+$2.3K → FMRAX
6	$16,966	$288.96	$14,667	$2,463.34	+$2.3K → FMRAX
7	$18,447	$293.97	$16,396	$2,960.57	+$2.1K → FMRAX
8	$20,037	$298.73	$18,631	$3,612.97	+$1.4K → FMRAX
9	$21,743	$303.25	$21,548	$4,482.15	+$195.00 → FMRAX
10← crossover	$23,573	$307.54	$25,398	$5,659.31	$1.8K → QYLD

FMRAX vs QYLD: Complete Analysis 2026

FMRAX — Stock

The investment seeks total return until its horizon date through a combination of current income and capital growth. The fund invests primarily in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds in a manner that supports a withdrawal strategy to provide investors with income in retirement.

Full FMRAX 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.