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

OARK vs SDTY

YieldMax(R) Innovation Option Income Strategy ETF and YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF, side by side on the income desk.

What they hold in common

By the books each fund has filed, OARK and SDTY hold 10% of their money in the same securities at the same weight.

Positions OARK and SDTY both hold, largest shared weight first
HoldingOARKSDTY
TREASURY BILL30.32%3.84%
TREASURY BILL18.55%3.68%
TREASURY BILL2.51%92.47%
Largest positions each one holds and the other does not
Only in OARKOnly in SDTY
TREASURY BILL 37.81%
TREASURY BILL 10.80%

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

OARK and SDTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OARKSDTYOARKSDTYOARKSDTY
3 months+9.3%+5.3%9.7%6.2%+7.2 pts+0.6 pts
6 months+14.7%+13.1%22.1%13.8%−5.5 pts−2.0 pts
1 year+13.3%+18.8%39.3%24.8%−12.3 pts−1.2 pts
3 years+54.1%n/a84.0%n/a−39.4 ptsn/a
Since launch+57.2%+22.5%89.0%34.7%−97.4 pts−6.7 pts
Open the live comparison on ETFIQ
OARK and SDTY on the income desk fields, as of Sep 4, 2026. Source: ETFIQ.
OARK
YieldMax(R) Innovation Option Income Strategy ETF
SDTY
YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF
IssuerYieldMaxYieldMax
Strategysynthetic covered call0DTE covered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyS&P 500 (SPY)
Paysweeklyweekly
Payout rate, annualised40.3%20.9%
Expense ratio1.00%1.08%
Cash paid, 1 year39.3%24.8%
Price change, 1 year−29.0%−8.4%
Total return, 1 year+13.3%+18.8%
Benchmark return, 1 year+25.6%+20.0%
Ahead or behind−12.3 pts−1.2 pts
Return of capital, latest estimate78%43%
Age1381 days575 days

OARK in plain words

Over the year to Sep 4, 2026, OARK paid 39.3% of its starting value in cash distributions while its price fell 29.0%. With every distribution reinvested, the fund returned +13.3%. Nasdaq-100 (QQQ), used as the innovation proxy returned +25.6% over the same days, so a holder was behind by 12.3 pts. At its price on Sep 4, 2026 the latest distribution annualises to 40.3%, paid weekly. YieldMax estimates that 78% 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).

SDTY in plain words

Over the year to Sep 4, 2026, SDTY paid 24.8% of its starting value in cash distributions while its price fell 8.4%. With every distribution reinvested, the fund returned +18.8%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 4, 2026 the latest distribution annualises to 20.9%, 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, OARK or SDTY?
Over the year to Sep 4, 2026, OARK paid 39.3% of its starting price in cash and SDTY paid 24.8%, so OARK paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, OARK or SDTY?
With every distribution reinvested, OARK returned +13.3% and SDTY returned +18.8% over the year to Sep 4, 2026, so SDTY returned more.
Which is cheaper, OARK or SDTY?
OARK charges 1.00% a year and SDTY charges 1.08%, so OARK 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.

OARK against SDTY, 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, OARK against SDTY, data as of Sep 4, 2026. https://etfiq.com/compare/income/OARK-SDTY.html Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources