LQ vs QAI
Simplify Tax Aware Alternatives ETF compared with NYLI Hedge Multi-Strategy Tracker ETF on yield, payout growth, payment schedule, cost and risk.
LQ
Simplify Tax Aware Alternatives ETF
TTM yield · Quarterly
QAI
NYLI Hedge Multi-Strategy Tracker ETF
TTM yield · Annual
Quick take
- LQ yields more today: 4.18% vs 1.41% (forward).
- LQ pays every quarter; QAI pays once a year.
- LQ is cheaper to own: 0.15% vs 0.81% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LQ | QAI |
|---|---|---|
| Share price | $23.92 | $35.65 |
| TTM yield | 1.25% | 1.41% |
| Forward yield | 4.18% | 1.41% |
| Annual payout per share | $1.00 | $0.504 |
| Payment frequency | Quarterly | Annual |
| Next ex-date | Dec 26, 2026 (est.) | Dec 30, 2026 (est.) |
| Expense ratio | 0.15% | 0.81% |
| 1-year payout growth | — | -27.9% |
| 5-year payout CAGR | — | -4.5% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | — | 44/100 |
| 1-year total return | — | +7.5% |
| 1-year price return | — | +6.0% |
| Size (market cap / AUM) | 2.4M | 998.9M |
| Years paying | 0.3 | 16.8 |
| Sector / category | Multistrategy | Multistrategy |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| LQ | QAI | |
|---|---|---|
| Shares | 418.1 | 280.5 |
| Income per year | $418 | $141 |
| Income per month (avg) | $35 | $12 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LQ Dec 26, 2026 | Dec 31, 2026 | $0.25 | Est. |
| LQ Mar 28, 2027 | Apr 2, 2027 | $0.25 | Est. |
| LQ Jun 28, 2027 | Jul 3, 2027 | $0.25 | Est. |
| QAI Dec 30, 2026 | Jan 13, 2027 | $0.504 | Est. |
Annual payouts per share
LQQAI
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, LQ or QAI?
QAI currently has the higher trailing yield: LQ yields 1.25% and QAI yields 1.41%. Yield changes daily with price, so check the live figures above.
How often do LQ and QAI pay?
LQ pays every quarter and QAI pays once a year. LQ's next ex-date is Dec 26, 2026 and QAI's is Dec 30, 2026.
Is LQ or QAI better for income?
It depends on what you are optimising for. LQ and QAI differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.