Data as of .
BABO vs BABW: which paid, and which earned it?
BABO and BABW both write options for income.
What they hold in common
By the books each fund has filed, BABO and BABW hold 32% of their money in the same securities at the same weight.
| Holding | BABO | BABW |
|---|---|---|
| TREASURY BILL | 31.75% | 80.30% |
| Only in BABO | Only in BABW |
|---|---|
| TREASURY BILL 25.41% | Alibaba Group Holding Ltd 19.70% |
| TREASURY BILL 21.34% | |
| TREASURY BILL 13.20% | |
| TREASURY BILL 8.31% |
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 Jan 31, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BABO | BABW | BABO | BABW | BABO | BABW | |
| 3 months | +3.7% | +5.0% | 12.7% | 10.6% | −2.0 pts | −0.7 pts |
| 6 months | −6.6% | −10.3% | 21.5% | 18.6% | 0.0 pts | −3.7 pts |
| 1 year | −25.4% | not published | 40.6% | not published | +4.2 pts | not published |
| Since launch | +16.4% | −42.0% | 89.8% | 24.6% | −28.3 pts | −8.5 pts |
| BABO YieldMax(R) BABA Option Income Strategy ETF Synthetic covered call on BABA, paying weekly | BABW Roundhill BABA WeeklyPay ETF Option income on BABA, paying weekly | |
|---|---|---|
| Issuer | YieldMax | Roundhill |
| Strategy | synthetic covered call | option income |
| Benchmark | Alibaba (BABA) | Alibaba (BABA) |
| Pays | weekly | weekly |
| Payout rate, annualized | 40.1% | 32.1% |
| Expense ratio | not published | 1.00% |
| Cash paid, 1 year | 40.6% | 24.6% (since launch on Oct 23, 2025) |
| Price change, 1 year | −57.9% | −60.4% |
| Total return, 1 year | −25.4% | −42.0% (since launch on Oct 23, 2025) |
| Benchmark return, 1 year | −29.7% | −33.5% |
| Ahead or behind | +4.2 pts | −8.5 pts |
| Return of capital, latest estimate | 0% | not published |
| Age | 771 days | 330 days |
| Net assets | $14m | $1m |
BABO in plain words
Over the year to Sep 18, 2026, BABO paid 40.6% of its starting value in cash distributions while its price fell 57.9%. With every distribution reinvested, the fund returned −25.4%. Alibaba (BABA) returned −29.7% over the same days, so a holder was ahead by 4.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 40.1%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
BABW in plain words
Over the period since launch on Oct 23, 2025 to Sep 18, 2026, BABW paid 24.6% of its starting value in cash distributions while its price fell 60.4%. With every distribution reinvested, the fund returned −42.0%. Alibaba (BABA) returned −33.5% over the same days, so a holder was behind by 8.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 32.1%, paid weekly.
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.
Cite this page. ETFIQ, BABO against BABW, data as of Sep 18, 2026. https://etfiq.com/compare/income/babo-vs-babw Free to use with attribution; the underlying files are at Open data.