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Three years of total return, split into price change and distributions: July 2023 to June 2026

Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-01, from Covered Call ETFs: the Real Tradeoff.

as of table 8×7read in context →
Three years of total return, split into price change and distributions: July 2023 to June 2026 — 8 rows by 7 columns, computed from US exchange, SIP and OPRA data.
tickerstart_priceend_priceprice_return_pctdistribution_return_pcttotal_return_pctpayments
QQQ369.95735.7698.92.4101.213
SPY442.7746.3268.64.973.412
JEPQ48.0761.4527.834.762.635
SPYI49.7753.16.736.843.536
QYLD17.7618.433.736.139.836
XYLD41.0740.81-0.631.530.935
JEPI54.8156.493.123.726.835
RYLD17.9315.99-10.832.121.336
Rows × columns
8 × 7
Computed
Completeness
No missing values
Source
US exchange, SIP and OPRA market data
Licence
Strasmore terms · free, no signup
Formats
JSON · CSV · the SQL below

What each column holds

Column definitions for Three years of total return, split into price change and distributions: July 2023 to June 2026, derived from the stored result.
ColumnTypeRangeNotes
ticker text 8 distinct values (JEPI, JEPQ, QQQ…)
start_price number 17.76 to 442.7 US dollars
end_price number 15.99 to 746.32 US dollars
price_return_pct number -10.8 to 98.9 percent
distribution_return_pct number 2.4 to 36.8 percent
total_return_pct number 21.3 to 101.2 percent
payments number 12 to 36

Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.

the exact SQL behind every number
WITH px AS (
    SELECT ticker,
           argMin(close, window_start) AS start_price,
           argMax(close, window_start) AS end_price
    FROM global_markets.delayed_stocks_minute_aggs
    WHERE ticker IN ('QYLD', 'XYLD', 'RYLD', 'JEPI', 'JEPQ', 'SPYI', 'QQQ', 'SPY')
      AND toDate(toTimeZone(window_start, 'America/New_York')) BETWEEN toDate('2023-07-03') AND toDate('2026-06-30')
      AND (toHour(toTimeZone(window_start, 'America/New_York')) * 60
           + toMinute(toTimeZone(window_start, 'America/New_York'))) BETWEEN 570 AND 959
    GROUP BY ticker
),
dv AS (
    SELECT ticker,
           sum(cash_amount) AS distributions,
           count() AS payments
    FROM global_markets.stocks_dividends
    WHERE ticker IN ('QYLD', 'XYLD', 'RYLD', 'JEPI', 'JEPQ', 'SPYI', 'QQQ', 'SPY')
      AND ex_dividend_date BETWEEN toDate('2023-07-03') AND toDate('2026-06-30')
      AND cash_amount > 0
    GROUP BY ticker
)
SELECT px.ticker AS ticker,
       round(px.start_price, 2) AS start_price,
       round(px.end_price, 2) AS end_price,
       round((px.end_price - px.start_price) / px.start_price * 100, 1) AS price_return_pct,
       round(dv.distributions / px.start_price * 100, 1) AS distribution_return_pct,
       round(((px.end_price - px.start_price) + dv.distributions) / px.start_price * 100, 1) AS total_return_pct,
       dv.payments AS payments
FROM px
INNER JOIN dv ON px.ticker = dv.ticker
ORDER BY total_return_pct DESC

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