Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IVV vs OARK: how they differ
Over the year IVV returned more, +17.6% against +7.2%, and IVV charges 0.03% against 1.00%.
iShares Core S&P 500 ETF and YieldMax(R) Innovation Option Income Strategy ETF.
What they hold in common
By the books each fund has filed, IVV and OARK hold 0% of their money in the same securities at the same weight.
| Only in IVV | Only in OARK |
|---|---|
| NVIDIA Corp. 7.52% | TREASURY BILL 37.81% |
| Apple, Inc. 6.59% | TREASURY BILL 30.32% |
| Microsoft Corp. 4.30% | TREASURY BILL 18.55% |
| Amazon.com, Inc. 3.62% | TREASURY BILL 10.80% |
| Alphabet, Inc. 3.25% | TREASURY BILL 2.51% |
| Broadcom, Inc. 2.77% | |
| Alphabet, Inc. 2.59% | |
| Micron Technology, Inc. 2.02% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| IVV iShares Core S&P 500 ETF | OARK YieldMax(R) Innovation Option Income Strategy ETF | |
|---|---|---|
| Where it sits | Core index fund | Income ETF |
| Issuer | iShares | YieldMax |
| What it is | S&P 500 | synthetic covered call, vs QQQ |
| Total return, 1 year | +17.6% | +7.2% |
| S&P 500 over the same days | +17.5% | +23.0% |
| Gap to the S&P 500 | +0.1 pts | −15.8 pts |
| Cash paid, 1 year | not an income fund | 38.6% |
| Expense ratio | 0.03% | 1.00% |
| Holdings | 504 | not filed |
IVV in plain words
IVV is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
OARK in plain words
Over the year to Sep 11, 2026, OARK paid 38.6% of its starting value in cash distributions while its price fell 33.3%. With every distribution reinvested, the fund returned +7.2%. Nasdaq-100 (QQQ), used as the innovation proxy returned +23.0% over the same days, so a holder was behind by 15.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 37.1%, paid weekly. YieldMax estimates that 39% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which returned more over the last year, IVV or OARK?
- In the year to Sep 12, 2026, with distributions reinvested, IVV returned +17.6% and OARK returned +7.2%, so IVV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IVV or OARK?
- IVV charges 0.03% a year and OARK charges 1.00%, so IVV is cheaper. Fees come from each fund's prospectus.
- Are IVV and OARK the same kind of fund?
- No. IVV is an index ETF and OARK is an option-income ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IVV against OARK, data as of Sep 12, 2026. https://etfiq.com/compare/any/IVV-OARK Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources