Infrastructure Capital Nasdaq Option Income ETF (QVOL) Valuation
QVOL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 33.1 trailing earnings
- Forward P/E
- 22.6 analyst estimates
- Price / sales
- 5.47
- Price / book
- 8.62
- EV / EBITDA
- 20.3
- Earnings yield
- 3.02% inverse of P/E
- Dividend yield
- 0.48% of the holdings
- Return on equity
- 26.0% combined
- Net margin
- 16.5% combined
- Beta
- 1.50 weighted, vs S&P 500
QVOL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| QVOL | 33.1 | 22.6 | 5.47 | 8.62 | 0.48% | 26.0% | 16.5% | 10.1% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
QVOL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 60.1% | 41.0 | 22.5 | 9.50 | 10.97 | 0.47% | 26.8% |
| Communication Services | 18.4% | 18.6 | 19.4 | 5.58 | 5.95 | 0.55% | 32.1% |
| Consumer Cyclical | 13.2% | 27.5 | 22.5 | 1.97 | 6.67 | 0.31% | 24.3% |
| Industrials | 4.3% | n/m | 200.0 | 83.53 | 15.37 | 0.00% | −6.8% |
| Healthcare | 2.5% | 47.0 | 16.3 | 5.97 | 6.75 | 1.43% | 14.4% |
| Consumer Defensive | 1.9% | 43.0 | 37.4 | 1.45 | 8.96 | 0.72% | 20.9% |
| Utilities | 0.9% | 26.5 | 20.7 | 3.07 | 3.16 | 0.63% | 11.9% |
| Financial Services | 0.2% | 10.7 | 9.1 | 1.43 | 2.27 | 0.99% | 21.1% |
QVOL earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How QVOL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
QVOL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| GOOGL | Alphabet Inc. | 9.06% | 17.1 | 22.8 | 9.3 | 0.26% | 17.42% |
| MRVL | Marvell Technology, Inc. | 7.08% | 72.3 | 62.1 | 21.7 | 0.11% | 3.22% |
| AVGO | Broadcom Inc. | 5.90% | 43.3 | 19.4 | 17.6 | 0.79% | 4.48% |
| AMZN | Amazon.com, Inc. | 4.52% | 20.1 | 23.6 | 3.5 | — | 7.39% |
| AMD | Advanced Micro Devices, Inc. | 4.29% | 134.9 | 39.5 | 20.9 | — | 1.05% |
| SPCX | Space Exploration Technologies Corp. | 4.27% | — | 200.0 | 83.5 | — | −0.62% |
| MU | Micron Technology, Inc. | 3.72% | 11.8 | 7.0 | 7.5 | 0.07% | 10.34% |
| META | Meta Platforms, Inc. | 3.63% | 26.7 | 22.1 | 7.9 | 0.30% | 4.46% |
| AAPL | Apple Inc. | 3.53% | 39.4 | 35.2 | 10.7 | 0.31% | 2.94% |
| NVDA | NVIDIA Corporation | 3.46% | 27.1 | 24.9 | 17.1 | 0.47% | 4.20% |
| MSFT | Microsoft Corporation | 3.33% | 29.5 | 25.1 | 11.8 | 0.74% | 3.71% |
| INTC | Intel Corporation | 2.69% | — | 63.3 | 8.3 | — | −2.08% |
| CSCO | Cisco Systems, Inc. | 2.11% | 32.2 | 19.8 | 6.7 | 1.56% | 2.15% |
| UBER | Uber Technologies, Inc. | 2.06% | 15.4 | 15.9 | 2.6 | — | 4.38% |
| TSLA | Tesla, Inc. | 2.05% | 328.4 | 158.7 | 13.5 | — | 0.21% |
| AMAT | Applied Materials, Inc. | 2.00% | 35.3 | 23.4 | 10.5 | 0.52% | 1.86% |
| CRWV | CoreWeave, Inc. | 1.92% | — | — | 4.5 | — | −3.16% |
| NFLX | Netflix, Inc. | 1.71% | 22.2 | 18.7 | 6.1 | — | 2.53% |
| WMT | Walmart Inc. | 1.62% | 43.0 | 38.0 | 1.3 | 0.83% | 1.23% |
| WDAY | Workday, Inc. | 1.49% | 38.9 | 17.7 | 4.5 | — | 1.26% |
| DASH | DoorDash, Inc. | 1.44% | 99.6 | 38.0 | 5.2 | — | 0.47% |
| QCOM | QUALCOMM Incorporated | 1.35% | 19.9 | 19.6 | 4.2 | 2.14% | 2.23% |
| TMUS | T-Mobile US, Inc. | 1.33% | 16.6 | 11.7 | 1.9 | 2.94% | 2.62% |
| MELI | MercadoLibre, Inc. | 1.27% | 50.5 | 32.8 | 2.6 | — | 0.83% |
| ASML | ASML Holding N.V. | 1.26% | 40.4 | 28.9 | 16.0 | 0.55% | 1.03% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About QVOL valuation
Adding up its 64 holdings with company data, QVOL trades at 33.1 times trailing earnings and 22.6 times analysts' forward estimates, with a price-to-book ratio of 8.62 and a dividend yield of 0.48%. Its earnings yield of 3.02% is 2.31 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 49.4% of the fund and earn 54.9% of its combined profit. By sector, Healthcare is the most expensive at 47.0 times earnings and Financial Services the cheapest at 10.7. Companies that lost money over the past year are 10.1% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: QVOL chart, QVOL holdings, QVOL dividends.
QVOL valuation FAQ
What is the P/E ratio of QVOL?
Based on its holdings, QVOL has a trailing P/E of 33.1 and a forward P/E of 22.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of QVOL?
The trailing earnings yield is 3.02% (1 ÷ P/E) and the forward earnings yield 4.43%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is QVOL more expensive than the S&P 500?
QVOL trades at 33.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.6 and 19.9.
What is the price-to-book ratio of QVOL?
The holdings of QVOL trade at 8.62 times book value, with a combined return on equity of 26.0%.
Which sector in QVOL has the highest P/E?
Healthcare has the highest P/E at 47.0 and Financial Services the lowest at 10.7.