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Data as of . Every figure is the income desk's own, on published data.

AMZY vs YMAX

YieldMax(R) AMZN Option Income Strategy ETF and YieldMax(R) Universe Fund of Option Income ETFs, side by side on the income desk.

What they hold in common

By the books each fund has filed, AMZY and YMAX hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in AMZYOnly in YMAX
TREASURY BILL 29.93%YieldMax AMD Option Income Strategy ETF 6.95%
TREASURY BILL 28.22%Yieldmax Amzn Option Income ETF 5.36%
TREASURY BILL 27.36%Yieldmax Tsm Option Income Strategy ETF 5.01%
TREASURY BILL 8.79%YieldMax Crypto Industry & Tec 4.99%
TREASURY BILL 5.70%YieldMax GOOGL Option Income S 4.88%
YieldMax MARA Option Income Strategy ETF 4.80%
YieldMax AI & Tech Portfolio Option Inco 4.72%
YieldMax Semiconductor Portfolio Option 4.66%

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 as filed for Apr 30, 2026.

Performance, window by window

AMZY and YMAX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
AMZYYMAXAMZYYMAXAMZYYMAX
3 months+5.4%+7.1%9.4%10.9%+0.3 pts+2.4 pts
6 months+17.3%+18.0%22.8%24.4%−3.9 pts+2.8 pts
1 year+6.5%+3.5%34.9%40.0%−3.2 pts−16.5 pts
3 years+76.3%n/a99.6%n/a−12.1 ptsn/a
Since launch+89.6%+44.0%107.2%91.0%−10.6 pts−24.0 pts
Open the live comparison on ETFIQ
AMZY and YMAX on the income desk fields, as of Sep 4, 2026. Source: ETFIQ.
AMZY
YieldMax(R) AMZN Option Income Strategy ETF
YMAX
YieldMax(R) Universe Fund of Option Income ETFs
IssuerYieldMaxYieldMax
Strategysynthetic covered callsynthetic covered call
BenchmarkAmazon (AMZN)S&P 500 (SPY), used as a default proxy
Paysweeklyweekly
Payout rate, annualised29.8%40.6%
Expense ratio1.09%1.33%
Cash paid, 1 year34.9%40.0%
Price change, 1 year−30.9%−38.7%
Total return, 1 year+6.5%+3.5%
Benchmark return, 1 year+9.7%+20.0%
Ahead or behind−3.2 pts−16.5 pts
Return of capital, latest estimate62%43%
Age1137 days961 days

AMZY in plain words

Over the year to Sep 4, 2026, AMZY paid 34.9% of its starting value in cash distributions while its price fell 30.9%. With every distribution reinvested, the fund returned +6.5%. Amazon (AMZN) returned +9.7% over the same days, so a holder was behind by 3.2 pts. At its price on Sep 4, 2026 the latest distribution annualises to 29.8%, paid weekly. YieldMax estimates that 62% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).

YMAX in plain words

Over the year to Sep 4, 2026, YMAX paid 40.0% of its starting value in cash distributions while its price fell 38.7%. With every distribution reinvested, the fund returned +3.5%. S&P 500 (SPY), used as a default proxy returned +20.0% over the same days, so a holder was behind by 16.5 pts. At its price on Sep 4, 2026 the latest distribution annualises to 40.6%, paid weekly. YieldMax estimates that 43% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).

Questions people ask

Which paid more, AMZY or YMAX?
Over the year to Sep 4, 2026, AMZY paid 34.9% of its starting price in cash and YMAX paid 40.0%, so YMAX paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, AMZY or YMAX?
With every distribution reinvested, AMZY returned +6.5% and YMAX returned +3.5% over the year to Sep 4, 2026, so AMZY returned more.
Which is cheaper, AMZY or YMAX?
AMZY charges 1.09% a year and YMAX charges 1.33%, so AMZY is cheaper. Fees come from each fund's prospectus.

Other comparisons

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.

AMZY against YMAX, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AMZY against YMAX, data as of Sep 4, 2026. https://etfiq.com/compare/income/AMZY-YMAX.html Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources