Is ICLO or QYLD a better dividend investment in 2026?

ICLO currently yields 5.35% 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 ICLO and QYLD?

ICLO has a forward dividend yield of 5.35% ($1.37/share annually). QYLD yields 11.92% ($2.04/share annually). The yield gap is 6.57 percentage points.

Home › Compare › ICLO vs QYLD

ICLO vs QYLD: Dividend Comparison 2026

ICLO yields 5.35% · QYLD yields 11.92%● Live data

vsPost on X →

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

🏆 ICLO wins by $3.0K in total portfolio value

INVESTMENT

TIME HORIZON10 years

ICLO

● Live price

5.35%

Share price

$25.51

Annual div

$1.37

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.4K

Annual income

$753.60

Full ICLO 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 — ICLO vs QYLD

📍 ICLO 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	ICLO	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, ICLO + QYLD cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

—

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

—

ICLO 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.

ICLO

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

$455.02/yr

After 10yr DRIP, annual income (after tax)

$640.56/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 $4,169.85/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 ICLO + QYLD for your $10,000?

ICLO: 50%QYLD: 50%

100% QYLD50/50100% ICLO

Portfolio after 10yr

$26.9K

Annual income

$3,206.46/yr

Blended yield

11.91%

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

ICLO 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 →

MetricICLOQYLD

Forward yield	5.35%	11.92% ✓
Annual dividend / share	$1.37	$2.04 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$28.4K ✓	$25.4K
Annual income after 10y	$753.60	$5,659.31 ✓
Total dividends collected	$6.5K	$27.1K ✓
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	ICLO Portfolio	ICLO Income/yr	QYLD Portfolio	QYLD Income/yr	Gap
1← crossover	$11,235	$535.32	$10,352	$1,192.36	+$883.00 → ICLO
2	$12,584	$562.10	$10,830	$1,347.57	+$1.8K → ICLO
3	$14,053	$588.38	$11,460	$1,539.07	+$2.6K → ICLO
4	$15,651	$614.09	$12,275	$1,777.84	+$3.4K → ICLO
5	$17,386	$639.17	$13,323	$2,078.95	+$4.1K → ICLO
6	$19,266	$663.57	$14,667	$2,463.34	+$4.6K → ICLO
7	$21,302	$687.24	$16,396	$2,960.57	+$4.9K → ICLO
8	$23,503	$710.15	$18,631	$3,612.97	+$4.9K → ICLO
9	$25,881	$732.28	$21,548	$4,482.15	+$4.3K → ICLO
10	$28,446	$753.60	$25,398	$5,659.31	+$3.0K → ICLO

ICLO vs QYLD: Complete Analysis 2026

ICLO — Stock

Invesco AAA CLO Floating Rate Note ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks current income and capital preservation. The Fund seeks to achieve its investment objective by investing at least 80% of its net assets in floating rate note securities issued by collateralized loan obligations (CLOs) that are rated AAA or equivalent by nationally recognized statistical rating organizations (NRSROs).

Full ICLO 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.