Is FWPAY or QYLD a better dividend investment in 2026?

FWPAY currently yields 0.67% 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 FWPAY and QYLD?

FWPAY has a forward dividend yield of 0.67% ($2.00/share annually). QYLD yields 11.92% ($2.04/share annually). The yield gap is 11.25 percentage points.

Home › Compare › FWPAY vs QYLD

FWPAY vs QYLD: Dividend Comparison 2026

FWPAY yields 0.67% · QYLD yields 11.92%● Live data

vsPost on X →

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

🏆 QYLD wins by $4.8K in total portfolio value· pulled ahead in Year 8

INVESTMENT

TIME HORIZON10 years

FWPAY

● Live price

0.67%

Share price

$300.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$20.6K

Annual income

$69.62

Full FWPAY 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 — FWPAY vs QYLD

📍 QYLD pulled ahead of the other in Year 8

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	FWPAY	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, FWPAY + 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

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Aug

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Sep

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Oct

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Nov

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Dec

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FWPAY pays

QYLD pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

FWPAY

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

$56.67/yr

After 10yr DRIP, annual income (after tax)

$59.18/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 $4,751.24/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 FWPAY + QYLD for your $10,000?

FWPAY: 50%QYLD: 50%

100% QYLD50/50100% FWPAY

Portfolio after 10yr

$23.0K

Annual income

$2,864.47/yr

Blended yield

12.45%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FWPAY 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 →

MetricFWPAYQYLD

Forward yield	0.67%	11.92% ✓
Annual dividend / share	$2.00	$2.04 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$20.6K	$25.4K ✓
Annual income after 10y	$69.62	$5,659.31 ✓
Total dividends collected	$683.00 ✓	$27.1K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	FWPAY Portfolio	FWPAY Income/yr	QYLD Portfolio	QYLD Income/yr	Gap
1	$10,767	$66.67	$10,352	$1,192.36	+$415.00 → FWPAY
2	$11,587	$67.08	$10,830	$1,347.57	+$757.00 → FWPAY
3	$12,466	$67.47	$11,460	$1,539.07	+$1.0K → FWPAY
4	$13,406	$67.84	$12,275	$1,777.84	+$1.1K → FWPAY
5	$14,413	$68.18	$13,323	$2,078.95	+$1.1K → FWPAY
6	$15,491	$68.51	$14,667	$2,463.34	+$824.00 → FWPAY
7	$16,644	$68.81	$16,396	$2,960.57	+$248.00 → FWPAY
8← crossover	$17,878	$69.10	$18,631	$3,612.97	$753.00 → QYLD
9	$19,199	$69.37	$21,548	$4,482.15	$2.3K → QYLD
10	$20,612	$69.62	$25,398	$5,659.31	$4.8K → QYLD

FWPAY vs QYLD: Complete Analysis 2026

FWPAY — Stock

Forward Pharma A/S does not have significant operations. Previously, it operated as a biopharmaceutical company that focused on developing FP187 proprietary formulation of dimethyl fumarate for the treatment of inflammatory and neurological indications. Forward Pharma A/S was incorporated in 2005 and is headquartered in Copenhagen, Denmark.

Full FWPAY 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.