Is IONL or XYLD a better dividend investment in 2026?

IONL currently yields 20.24% with a 5% 5-year dividend growth rate. XYLD yields 10.98% with 0.5% growth. The better choice depends on your goal: IONL offers higher current income.

What is the dividend yield difference between IONL and XYLD?

IONL has a forward dividend yield of 20.24% ($2.00/share annually). XYLD yields 10.98% ($4.30/share annually). The yield gap is 9.26 percentage points.

Home › Compare › IONL vs XYLD

IONL vs XYLD: Dividend Comparison 2026

IONL yields 20.24% · XYLD yields 10.98%● Live data

vsPost on X →

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

🏆 IONL wins by $48.8K in total portfolio value

INVESTMENT

TIME HORIZON10 years

IONL

● Live price

20.24%

Share price

$9.88

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$74.1K

Annual income

$6,913.12

Full IONL 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 — IONL vs XYLD

📍 IONL 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	IONL	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%.

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Dividend Calendar Overlap

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

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

IONL pays

XYLD pays

Both pay

Neither

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Tax Bracket Optimizer

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

IONL

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

$1,720.39/yr

After 10yr DRIP, annual income (after tax)

$5,876.15/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, IONL beats the other by $3,139.99/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 IONL + XYLD for your $10,000?

IONL: 50%XYLD: 50%

100% XYLD50/50100% IONL

Portfolio after 10yr

$49.7K

Annual income

$5,066.07/yr

Blended yield

10.19%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

IONL buys

XYLD buys

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

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

MetricIONLXYLD

Forward yield	20.24% ✓	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	$74.1K ✓	$25.3K
Annual income after 10y	$6,913.12 ✓	$3,219.02
Total dividends collected	$42.4K ✓	$19.6K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	IONL Portfolio	IONL Income/yr	XYLD Portfolio	XYLD Income/yr	Gap
1← crossover	$12,724	$2,023.98	$10,818	$1,098.39	+$1.9K → IONL
2	$16,021	$2,406.84	$11,738	$1,222.51	+$4.3K → IONL
3	$19,975	$2,832.32	$12,774	$1,364.64	+$7.2K → IONL
4	$24,674	$3,300.27	$13,944	$1,527.86	+$10.7K → IONL
5	$30,211	$3,809.86	$15,270	$1,715.87	+$14.9K → IONL
6	$36,685	$4,359.65	$16,775	$1,933.09	+$19.9K → IONL
7	$44,201	$4,947.63	$18,490	$2,184.87	+$25.7K → IONL
8	$52,866	$5,571.24	$20,450	$2,477.63	+$32.4K → IONL
9	$62,794	$6,227.52	$22,697	$2,819.19	+$40.1K → IONL
10	$74,103	$6,913.12	$25,280	$3,219.02	+$48.8K → IONL

IONL vs XYLD: Complete Analysis 2026

IONL — Stock

The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of IonQ Inc, (NASDAQ: IONQ) There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 2 times the cumulative return of IONQ for periods greater than a day.

Full IONL 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 →

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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.