Is SPCAX or QYLD a better dividend investment in 2026?

SPCAX currently yields 34.31% with a 5% 5-year dividend growth rate. QYLD yields 11.92% with -2.1% growth. The better choice depends on your goal: SPCAX offers higher current income.

What is the dividend yield difference between SPCAX and QYLD?

SPCAX has a forward dividend yield of 34.31% ($2.00/share annually). QYLD yields 11.92% ($2.04/share annually). The yield gap is 22.39 percentage points.

Home › Compare › SPCAX vs QYLD

SPCAX vs QYLD: Dividend Comparison 2026

SPCAX yields 34.31% · QYLD yields 11.92%● Live data

vsPost on X →

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

🏆 SPCAX wins by $143.8K in total portfolio value

INVESTMENT

TIME HORIZON10 years

SPCAX

● Live price

34.31%

Share price

$5.83

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$169.2K

Annual income

$25,120.30

Full SPCAX 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 — SPCAX vs QYLD

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

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SPCAX 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.

SPCAX

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

$2,915.95/yr

After 10yr DRIP, annual income (after tax)

$21,352.25/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, SPCAX beats the other by $16,541.84/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 SPCAX + QYLD for your $10,000?

SPCAX: 50%QYLD: 50%

100% QYLD50/50100% SPCAX

Portfolio after 10yr

$97.3K

Annual income

$15,389.81/yr

Blended yield

15.82%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SPCAX buys

QYLD buys

No recent congressional trades found for SPCAX or QYLD in the last 90 days.

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

MetricSPCAXQYLD

Forward yield	34.31% ✓	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	$169.2K ✓	$25.4K
Annual income after 10y	$25,120.30 ✓	$5,659.31
Total dividends collected	$121.2K ✓	$27.1K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	SPCAX Portfolio	SPCAX Income/yr	QYLD Portfolio	QYLD Income/yr	Gap
1← crossover	$14,131	$3,430.53	$10,352	$1,192.36	+$3.8K → SPCAX
2	$19,650	$4,530.40	$10,830	$1,347.57	+$8.8K → SPCAX
3	$26,913	$5,887.87	$11,460	$1,539.07	+$15.5K → SPCAX
4	$36,334	$7,536.67	$12,275	$1,777.84	+$24.1K → SPCAX
5	$48,387	$9,509.11	$13,323	$2,078.95	+$35.1K → SPCAX
6	$63,609	$11,834.97	$14,667	$2,463.34	+$48.9K → SPCAX
7	$82,601	$14,540.33	$16,396	$2,960.57	+$66.2K → SPCAX
8	$106,030	$17,646.68	$18,631	$3,612.97	+$87.4K → SPCAX
9	$134,622	$21,170.01	$21,548	$4,482.15	+$113.1K → SPCAX
10	$169,166	$25,120.30	$25,398	$5,659.31	+$143.8K → SPCAX

SPCAX vs QYLD: Complete Analysis 2026

SPCAX — Stock

Global Macro is an investment strategy that is defined by its freedom to trade both long and short positions in an array of asset classes and investment instruments located anywhere in the world. Under normal market conditions, the advisor expects to primarily invest in securities and instruments that provide investment exposure to a variety of countries and regions throughout the world, including both developed and emerging markets.

Full SPCAX 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.