Which paid more, OARK or YMAX?

Over the year to Sep 4, 2026, OARK paid 39.3% 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, OARK or YMAX?

With every distribution reinvested, OARK returned +13.3% and YMAX returned +3.5% over the year to Sep 4, 2026, so OARK returned more.

Which is cheaper, OARK or YMAX?

OARK charges 1.00% a year and YMAX charges 1.33%, so OARK is cheaper. Fees come from each fund's prospectus.

Data as of Sep 4, 2026. Every figure is the income desk's own, on published data.

OARK vs YMAX

Name: ETFIQ comparison of OARK and YMAX
Creator: ETFIQ

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

Open the live comparison on ETFIQ

OARK and YMAX on the income desk fields, as of Sep 4, 2026. Source: ETFIQ.
	OARK YieldMax(R) Innovation Option Income Strategy ETF	YMAX YieldMax(R) Universe Fund of Option Income ETFs
Issuer	YieldMax	YieldMax
Strategy	synthetic covered call	synthetic covered call
Benchmark	Nasdaq-100 (QQQ), used as the innovation proxy	S&P 500 (SPY), used as a default proxy
Pays	weekly	weekly
Payout rate, annualised	40.3%	40.6%
Expense ratio	1.00%	1.33%
Cash paid, 1 year	39.3%	40.0%
Price change, 1 year	−29.0%	−38.7%
Total return, 1 year	+13.3%	+3.5%
Benchmark return, 1 year	+25.6%	+20.0%
Ahead or behind	−12.3 pts	−16.5 pts
Return of capital, latest estimate	78%	43%
Age	1381 days	961 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).

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, OARK or YMAX?: Over the year to Sep 4, 2026, OARK paid 39.3% 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, OARK or YMAX?: With every distribution reinvested, OARK returned +13.3% and YMAX returned +3.5% over the year to Sep 4, 2026, so OARK returned more.
Which is cheaper, OARK or YMAX?: OARK charges 1.00% a year and YMAX charges 1.33%, so OARK is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources