Data as of Oct 28, 2026.
HDV vs YMAX: Differences, Returns & Fees
Over the year to Oct 28, 2026, HDV returned +29.4% to YMAX's −4.0%, and HDV charges 0.08% to YMAX's 1.33%.
askIQ about this page
askIQ about HDV and YMAX
Net assets on Oct 27, 2026: $15.9bn for iShares Core High Dividend ETF and $352m for YieldMax Universe Fund of Option Income ETFs.
Pair scorecard
HDV costs 1.25 points a year less; their one-year returns differ by 33.4 points; HDV is far larger, $15.9bn against $352m.
| Measure | HDV | YMAX |
|---|---|---|
| Return | ||
| Total return, 1 year | +29.4% | −4.0% |
| Price change, 1 year | rose 24.9% | fell 42.4% |
| Latest payout, annualized | 39.9% | |
| Return of capital, issuer estimate | 35% of the Oct 29, 2026 payment | |
| Against its benchmark | ||
| What it tracks | Morningstar Dividend Yield Focus Index | Benchmark: its own holdings |
| Against its benchmark, same days | behind by 14.9 pts | |
| Cost and size | ||
| Expense ratio | 0.08% | 1.33% |
| Net assets, as of Oct 27, 2026 | $15.9bn | $352m |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 90% | |
| Top ten holdings, share of the fund | 55.6% | |
Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method
What they share
By the books each fund has filed, HDV and YMAX hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
HDV and YMAX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
HDV
HDV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +29.4% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 55.6%.
YMAX's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Oct 26, 2026) returned +10.9% over the same days, so a holder was behind by 14.9 pts.
Over the year to Oct 28, 2026, YMAX paid 36.1% of its starting value in cash distributions while its price fell 42.4%. With every distribution reinvested, the fund returned −4.0%. At its price on Oct 28, 2026 the latest distribution annualizes to 39.9%, paid weekly. YieldMax estimates that 35% of the distribution paid Oct 29, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
- Are HDV and YMAX in the same category?
- HDV is a stock ETF and YMAX is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, HDV or YMAX?
- In the year to Oct 28, 2026, with distributions reinvested, HDV returned +29.4% and YMAX −4.0%.
- Which is cheaper, HDV or YMAX?
- HDV is cheaper, by 1.25 percentage points a year. That is about $125 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, HDV against YMAX, data as of Oct 28, 2026. https://etfiq.com/compare/any/hdv-vs-ymax
ETFIQ. (Oct 28, 2026). HDV against YMAX. Retrieved from https://etfiq.com/compare/any/hdv-vs-ymax
[HDV against YMAX (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/hdv-vs-ymax)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.