Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

APRH vs DDDD: which paid, and which earned it?

APRH and DDDD both write options for income.

Innovator Premium Income 20 Barrier ETF -- April and YieldMax(R) U.S. Stocks Target Double Distribution ETF.

5.9%APRH cash paid, 1 year
1.6%DDDD cash paid, 1 year
+6.5%APRH total return, 1 year
+8.7%DDDD total return, 1 year
APRH10.1 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%APRH+6.5%5.9% of it arrived as cash10.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%APRH+6.5%10.1 pts behind SPY
DDDD6.5 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%DDDD+8.7%6.5 pts behind SPYTotal return, distributions reinvestedSPY+15.3%DDDD+8.7%6.5 pts behind SPY

What they hold in common

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

Only in each
Only in APRHOnly in DDDD
TREASURY BILL 94.03%Merck & Co Inc 4.93%
TREASURY BILL 2.00%Abbott Laboratories 4.53%
TREASURY BILL 1.99%Amgen Inc 4.38%
TREASURY BILL 1.98%Coca-Cola Co/The 4.30%
Chevron Corp 4.25%
ConocoPhillips 4.07%
Procter & Gamble Co/The 4.01%
Verizon Communications Inc 3.96%

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 and Sep 21, 2026.

Performance, window by window

APRH and DDDD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
APRHDDDDAPRHDDDDAPRHDDDD
3 months+1.3%+4.9%2.1%1.6%−0.9 pts+2.6 pts
6 months+5.1%+10.5%3.7%1.7%−12.9 pts−7.6 pts
1 year+6.5%not published5.9%not published−10.1 ptsnot published
3 years+22.5%not published19.7%not published−55.9 ptsnot published
Since launch+28.3%+8.7%22.2%1.6%−65.3 pts−6.5 pts
Open the live comparison on ETFIQ
APRH and DDDD on the same fields, as of Sep 18, 2026. Source: ETFIQ.
APRH
Innovator Premium Income 20 Barrier ETF -- April
Defined income on SPY, paying quarterly
DDDD
YieldMax(R) U.S. Stocks Target Double Distribution ETF
Synthetic covered call on SPY
IssuerInnovatorYieldMax
Strategydefined incomesynthetic covered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysquarterlynot established
Payout rate, annualized8.3%18.4%
Expense ratio0.79%1.01%
Cash paid, 1 year5.9%1.6% (since launch on Mar 12, 2026)
Price change, 1 year+0.3%+7.0%
Total return, 1 year+6.5%+8.7% (since launch on Mar 12, 2026)
Benchmark return, 1 year+16.6%+15.3%
Ahead or behind−10.1 pts−6.5 pts
Return of capital, latest estimatenot published67%
Age1264 days190 days
Net assets$25m$7m

APRH in plain words

Over the year to Sep 18, 2026, APRH paid 5.9% of its starting value in cash distributions while its price rose 0.3%. With every distribution reinvested, the fund returned +6.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.3%, paid quarterly.

DDDD in plain words

Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, APRH or DDDD?
APRH charges 0.79% a year and DDDD charges 1.01%, so APRH 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.

APRH against DDDD, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, APRH against DDDD, data as of Sep 18, 2026. https://etfiq.com/compare/income/aprh-vs-dddd Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources