Which is cheaper, ARKY or PAYM?

ARKY charges 1.00% a year and PAYM charges 0.74%, so PAYM is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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ARKY vs PAYM: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap

+0.8 pts

1 month to Nov 12, 2026: PAYM ahead, total return

Fee gap

0.26 pts

A year: ARKY 1.00%, PAYM 0.74%, per filings dated Jan 28, 2025 and Dec 23, 2025

Overlap

–

No book read for both funds

Net flow

–

Needs daily flows for both funds

Pair scorecard

PAYM costs 0.26 points a year less.

Points (pts) are percentage points.

ARKY vs PAYM: Dividend Yield & Total Return
Measure	ARKY	PAYM
Paid and earned
Measure	ARKY	PAYM
Price change, since Aug 19, 2026	fell 7.6%
Cost and size
Measure	ARKY	PAYM
Expense ratio	1.00%	0.74%
Net assets	not read by ETFIQ	$128m
Holdings
Measure	ARKY	PAYM
Holdings in common	not published

Method

Side by side

ARKY ARK Active Autocallable Income ETF · Autocallable PAYM TrueShares S&P Autocallable Defensive Income ETF · Autocallable, paying monthly

Issuer ARK TrueShares

Strategy autocallable autocallable

Benchmark not set not set

Pays not established monthly

Payout rate, annualized 12.3% 10.3%

Expense ratio 1.00% 0.74%

Cash paid, 1 year 2.2% (since launch, Aug 19, 2026) not available

Price change, 1 year −7.6% (since launch, Aug 19, 2026) not available

Total return, 1 year −5.4% (since launch, Aug 19, 2026) not available

Benchmark return, 1 year not published not available

Ahead or behind not available not available

Return of capital, latest estimate not published 98%

Age 85 days not stated

Net assets not read by ETFIQ $128m

As of Nov 12, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: ARKY vs PAYM: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	ARKY	PAYM	ARKY	PAYM	ARKY	PAYM
3 months	–	−1.7%	–	2.5%	–	not measured
Since launch	−5.4%	–	2.2%	–	not measured	–

– means no data for this window. Open this comparison in the app →

Alert

About each fund

ARKY

Over the period from its first trade on Aug 19, 2026 to Nov 12, 2026, ARKY paid 2.2% of its starting value in cash distributions while its price fell 7.6%. With every distribution reinvested, the fund returned −5.4%. At its price on Nov 12, 2026 the latest distribution annualizes to 12.3%, paid periodically.

PAYM

At its price on Nov 12, 2026 the latest distribution annualizes to 10.3%, paid monthly. TrueShares estimates that 98% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, ARKY or PAYM?: ARKY charges 1.00% a year and PAYM charges 0.74%, so PAYM is cheaper. Fees come from each fund's prospectus.

Other comparisons

ARKY vs ACII ARKY vs CAIQ ARKY vs SBAR ARKY vs PAYH PAYM vs SALI PAYM vs ATC PAYM vs ATCL PAYM vs CAIQ

Where to next

All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →ARKY on its own →PAYM on its own →ARKY dividend history →PAYM dividend history →Method →Standards and sources →

Sources and dates

ARKY filings on SEC EDGAR ↗

ARKY prospectus with the expense ratio (SEC) ↗

ARK page for ARKY ↗

PAYM filings on SEC EDGAR ↗

PAYM prospectus with the expense ratio (SEC) ↗

PAYM 19a-1 distribution notice ↗

TrueShares website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, ARKY against PAYM, data as of Nov 12, 2026. https://etfiq.com/compare/income/arky-vs-paym

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

ARKY and PAYM both write options for income.

ARKY on its own →PAYM on its own →

Growth of 100

ARKY and PAYM

Total return, distributions reinvested, 1 month.

ARKY −3.7%PAYM −2.9%

Oct 13, 2026Nov 12, 2026

ARKY −3.7%, PAYM −2.9%: PAYM +0.8 pts ahead, 1 month, Oct 13, 2026 to Nov 12, 2026.