Is FRN or XYLD a better dividend investment in 2026?

FRN currently yields 14.01% with a 5% 5-year dividend growth rate. XYLD yields 10.98% with 0.5% growth. The better choice depends on your goal: FRN offers higher current income.

What is the dividend yield difference between FRN and XYLD?

FRN has a forward dividend yield of 14.01% ($2.00/share annually). XYLD yields 10.98% ($4.30/share annually). The yield gap is 3.03 percentage points.

Home › Compare › FRN vs XYLD

FRN vs XYLD: Dividend Comparison 2026

FRN yields 14.01% · XYLD yields 10.98%● Live data

vsPost on X →

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

🏆 FRN wins by $24.9K in total portfolio value

INVESTMENT

TIME HORIZON10 years

FRN

● Live price

14.01%

Share price

$14.28

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$50.2K

Annual income

$3,336.31

Full FRN calculator →

XYLD

Global X S&P 500 Covered Call ETF

● Live price

10.98%

Share price

$39.13

Annual div

$4.30

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$25.3K

Annual income

$3,219.02

Full XYLD calculator →

Portfolio growth — FRN vs XYLD

📍 FRN pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

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

Crisis Period	FRN	XYLD
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%.

📅

Dividend Calendar Overlap

Combined, FRN + XYLD cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

FRN pays

XYLD pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

FRN

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

$1,190.48/yr

After 10yr DRIP, annual income (after tax)

$2,835.86/yr

XYLD

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

$933.63/yr

After 10yr DRIP, annual income (after tax)

$2,736.17/yr

At 15% tax rate, FRN beats the other by $99.70/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of FRN + XYLD for your $10,000?

FRN: 50%XYLD: 50%

100% XYLD50/50100% FRN

Portfolio after 10yr

$37.7K

Annual income

$3,277.66/yr

Blended yield

8.69%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FRN buys

XYLD buys

No recent congressional trades found for FRN or XYLD in the last 90 days.

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

MetricFRNXYLD

Forward yield	14.01% ✓	10.98%
Annual dividend / share	$2.00	$4.30 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$50.2K ✓	$25.3K
Annual income after 10y	$3,336.31 ✓	$3,219.02
Total dividends collected	$23.3K ✓	$19.6K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

Year-by-year: FRN vs XYLD ($10,000, DRIP)

Year	FRN Portfolio	FRN Income/yr	XYLD Portfolio	XYLD Income/yr	Gap
1← crossover	$12,101	$1,400.56	$10,818	$1,098.39	+$1.3K → FRN
2	$14,531	$1,583.88	$11,738	$1,222.51	+$2.8K → FRN
3	$17,326	$1,777.64	$12,774	$1,364.64	+$4.6K → FRN
4	$20,520	$1,980.87	$13,944	$1,527.86	+$6.6K → FRN
5	$24,149	$2,192.53	$15,270	$1,715.87	+$8.9K → FRN
6	$28,251	$2,411.47	$16,775	$1,933.09	+$11.5K → FRN
7	$32,865	$2,636.52	$18,490	$2,184.87	+$14.4K → FRN
8	$38,032	$2,866.48	$20,450	$2,477.63	+$17.6K → FRN
9	$43,794	$3,100.13	$22,697	$2,819.19	+$21.1K → FRN
10	$50,196	$3,336.31	$25,280	$3,219.02	+$24.9K → FRN

FRN vs XYLD: Complete Analysis 2026

FRN — Stock

The investment seeks to track the investment results (before fees and expenses) of the S&P/BNY Mellon New Frontier Index (USD) (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is comprised of liquid American depositary receipts ("ADRs") listed on a U.S. exchange, global depositary receipts ("GDRs") traded on the London Stock Exchange, and ordinary share classes of equity securities listed on exchanges in Frontier Market countries that meet certain trading volume and free-float market capitalization criteria. The fund is non-diversified.

Full FRN Calculator →

XYLD — ETF

The Global X S&P 500 Covered Call ETF (XYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 BuyWrite Index.

Full XYLD Calculator →

📬

Get this FRN vs XYLD comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

FRN vs SCHD FRN vs JEPI FRN vs O FRN vs KO FRN vs MAIN FRN vs QYLD FRN vs JEPQ FRN vs RYLD

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