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Data as of .

AMZY vs OARK: which paid, and which earned it?

Over the year OARK paid 38.6% of its price in cash against AMZY’s 35.9% and the two finished level on total return.

YieldMax(R) AMZN Option Income Strategy ETF and YieldMax(R) Innovation Option Income Strategy ETF, side by side, income ETFs on ETFIQ.

35.9%AMZY cash paid, 1 year
38.6%OARK cash paid, 1 year
+7.7%AMZY total return, 1 year
+7.2%OARK total return, 1 year

ETFIQ Return Stability Score: AMZY scores higher

Was the payout funded by returns, or by your own capital?

AMZY 56.5OARK 11.29.1, the lowest in this set97.6, the highest

A percentile among the 61 income ETFs writing on a single company. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

AMZY4 pts behind AMZN · 1 year to Sep 11, 2026
AMZN+11.7%AMZY+7.7%35.9% of it arrived as cash4 pts behind AMZNTotal return, distributions reinvestedAMZN+11.7%AMZY+7.7%4 pts behind AMZN
OARK15.8 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%OARK+7.2%38.6% of it arrived as cash15.8 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%OARK+7.2%15.8 pts behind QQQ

What they hold in common

By the books each fund has filed, AMZY and OARK hold 88% of their money in the same securities at the same weight.

Positions AMZY and OARK both hold, largest shared weight first
HoldingAMZYOARK
TREASURY BILL29.93%30.32%
TREASURY BILL28.22%37.81%
TREASURY BILL27.36%18.55%
TREASURY BILL8.79%10.80%
TREASURY BILL5.70%2.51%

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.

Performance, window by window

AMZY and OARK over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
AMZYOARKAMZYOARKAMZYOARK
3 months+7.2%+5.1%9.6%9.6%−0.5 pts+5.9 pts
6 months+19.1%+15.3%23.2%22.6%−4.6 pts−5.4 pts
1 year+7.7%+7.2%35.9%38.6%−4.0 pts−15.8 pts
3 years+70.6%+48.6%97.3%82.9%−11.2 pts−46.5 pts
Since launch+88.3%+53.5%107.5%89.2%−10.6 pts−99.6 pts
Open the live comparison on ETFIQ
AMZY and OARK on the same fields, as of Sep 11, 2026. Source: ETFIQ.
AMZY
YieldMax(R) AMZN Option Income Strategy ETF
Synthetic covered call on AMZN, paying weekly
OARK
YieldMax(R) Innovation Option Income Strategy ETF
Synthetic covered call on QQQ, paying weekly
IssuerYieldMaxYieldMax
Strategysynthetic covered callsynthetic covered call
BenchmarkAmazon (AMZN)Nasdaq-100 (QQQ), used as the innovation proxy
Paysweeklyweekly
Payout rate, annualized25.3%37.1%
Expense ratio1.09%1.00%
Cash paid, 1 year35.9%38.6%
Price change, 1 year−30.5%−33.3%
Total return, 1 year+7.7%+7.2%
Benchmark return, 1 year+11.7%+23.0%
Ahead or behind−4.0 pts−15.8 pts
Return of capital, latest estimate34%39%
Age1144 days1388 days

AMZY in plain words

Over the year to Sep 11, 2026, AMZY paid 35.9% of its starting value in cash distributions while its price fell 30.5%. With every distribution reinvested, the fund returned +7.7%. Amazon (AMZN) returned +11.7% over the same days, so a holder was behind by 4.0 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 25.3%, paid weekly. YieldMax estimates that 34% 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).

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 paid more, AMZY or OARK?
Over the year to Sep 11, 2026, AMZY paid 35.9% of its starting price in cash and OARK paid 38.6%, 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, AMZY or OARK?
With every distribution reinvested, AMZY returned +7.7% and OARK returned +7.2% over the year to Sep 11, 2026, so AMZY returned more.
Which is cheaper, AMZY or OARK?
AMZY charges 1.09% a year and OARK charges 1.00%, 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.

AMZY against OARK, ETFIQ, data as of Sep 11, 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 OARK, data as of Sep 11, 2026. https://etfiq.com/compare/income/amzy-vs-oark Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources