Which is cheaper, AMZY or XVAZ?

AMZY charges 1.09% a year and XVAZ charges 0.85%, so XVAZ is cheaper. Fees come from each fund's prospectus.

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

AMZY and XVAZ both write options for income. YieldMax(R) AMZN Option Income Strategy ETF and FT Vest AMZN & Target Income ETF.

35.8%

AMZY cash paid, 1 year

0.0%

XVAZ cash paid, since launch

+9.3%

AMZY total return, 1 year

+0.2%

XVAZ total return, since launch

AMZY · 1 year to Sep 30, 20264.1 pts behind AMZN

AMZY

+9.3%

AMZN

+13.5%

4.1 pts behind AMZN

AMZY over 1 year: paid 35.8%, price −27.9%, total +9.3%, AMZN +13.5%, −4.1 pts.

AMZN

+13.5%

AMZY

+9.3%

35.8% of it arrived as cash

4.1 pts behind AMZN

Total return, distributions reinvested

4.1 pts behind AMZN

AMZY over 1 year: paid 35.8%, price −27.9%, total +9.3%, AMZN +13.5%, −4.1 pts.

AMZN

+13.5%

AMZY

+9.3%

35.8% as cash

4.1 pts behind AMZN

35.8% of it arrived as cash. Total return, distributions reinvested. AMZY over 1 year: paid 35.8%, price −27.9%, total +9.3%, AMZN +13.5%, −4.1 pts.

XVAZ · since launch to Sep 30, 2026About even with AMZN

XVAZ

+0.2%

AMZN

−0.1%

About even with AMZN

XVAZ since launch: paid 0.0%, price +0.2%, total +0.2%, AMZN −0.1%, +0.2 pts.

AMZN

−0.1%

XVAZ

+0.2%

about even with AMZN

Total return, distributions reinvested

About even with AMZN

XVAZ since launch: paid 0.0%, price +0.2%, total +0.2%, AMZN −0.1%, +0.2 pts.

AMZN

−0.1%

XVAZ

+0.2%

about even with AMZN

0.0% of it arrived as cash. Both charts share one scale, 0 to +13.5%. XVAZ since launch: paid 0.0%, price +0.2%, total +0.2%, AMZN −0.1%, +0.2 pts.

What they hold in common

By the books each fund has filed, AMZY and XVAZ hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 1, 2026 and Sep 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding AMZY XVAZ

Only in AMZY

United States Treasury Note/Bond 2.375% 05/15/2027 31.16%

United States Treasury Bill 07/08/2027 25.86%

United States Treasury Bill 02/18/2027 21.48%

United States Treasury Bill 12/10/2026 14.53%

United States Treasury Bill 10/15/2026 5.66%

AMZN US 11/20/26 C255 4.81%

First American Government Obligations Fund 12/01/2031 3.54%

AMZN US 10/02/26 C255 0.15%

Only in XVAZ

2026-10-23 S&P 500® Mini Index P 1,500.03 325.26%

2026-10-23 S&P 500® Mini Index C 500.03 118.67%

Amazon.com, Inc. 50.31%

US Dollar 8.67%

2026-10-23 Amazon.com, Inc. C 2,283.39 0.00%

2026-10-23 S&P 500® Mini Index C 1,500.03 0.00%

2026-10-23 S&P 500® Mini Index P 500.03 -0.02%

2026-10-02 Amazon.com, Inc. C 250 -0.16%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	AMZY	XVAZ	AMZY	XVAZ	AMZY	XVAZ
3 months	+4.8%	not published	9.4%	not published	+1.8 pts	not published
6 months	+15.5%	not published	22.7%	not published	−2.8 pts	not published
1 year	+9.3%	not published	35.8%	not published	−4.1 pts	not published
3 years	+83.3%	not published	106.9%	not published	−12.7 pts	not published
Since launch AMZY Jul 2023 · XVAZ Sep 2026	+85.2%	+0.2%	108.0%	0.0%	−7.8 pts	+0.2 pts

AMZY and XVAZ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

AMZY

YieldMax(R) AMZN Option Income Strategy ETF · Synthetic covered call on AMZN, paying weekly

XVAZ

FT Vest AMZN & Target Income ETF · Option income on AMZN

Issuer YieldMax First Trust

Strategy synthetic covered call option income

Benchmark Amazon (AMZN) Amazon (AMZN)

Pays weekly not established

Payout rate, annualized 28.5% not published

Expense ratio 1.09% 0.85%

Cash paid, 1 year 35.8% 0.0% (since launch on Sep 23, 2026)

Price change, 1 year −27.9% +0.2%

Total return, 1 year +9.3% +0.2% (since launch on Sep 23, 2026)

Benchmark return, 1 year +13.5% −0.1%

Ahead or behind −4.1 pts +0.2 pts

Return of capital, latest estimate 0% not published

Age 1163 days 7 days

Net assets $213m $1m

AMZY and XVAZ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

AMZY in plain words

Over the year to Sep 30, 2026, AMZY paid 35.8% of its starting value in cash distributions while its price fell 27.9%. With every distribution reinvested, the fund returned +9.3%. Amazon (AMZN) returned +13.5% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 28.5%, paid weekly. YieldMax estimates that 0% of the distribution paid Oct 2, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

XVAZ in plain words

Over the period since launch on Sep 23, 2026 to Sep 30, 2026, XVAZ paid 0.0% of its starting value in cash distributions while its price rose 0.2%. With every distribution reinvested, the fund returned +0.2%. Amazon (AMZN) returned −0.1% over the same days, so a holder was about even.

Questions people ask

Which is cheaper, AMZY or XVAZ?: AMZY charges 1.09% a year and XVAZ charges 0.85%, so XVAZ is cheaper. Fees come from each fund's prospectus.

Other comparisons

AMZY vs BALI AMZY vs CONY AMZY vs DIVO AMZY vs FEPI XVAZ vs AMZP XVAZ vs AMZW XVAZ vs AZYY AMZY vs GOOY

AMZY on its own →XVAZ on its own →How every figure is computed →Standards and sources →

Where these figures came from

AMZY filings on SEC EDGAR ↗AMZY prospectus with the expense ratio (SEC) ↗AMZY 19a-1 distribution notice ↗YieldMax page for AMZY ↗XVAZ filings on SEC EDGAR ↗XVAZ prospectus with the expense ratio (SEC) ↗First Trust page for XVAZ ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, AMZY against XVAZ, data as of Sep 30, 2026. https://etfiq.com/compare/income/amzy-vs-xvaz

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.