Data as of Nov 4, 2026.

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Income ETFs

BAGY vs ETCO: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, ETCO paid 40.5% of its price in cash against BAGY’s 22.6%, and returned more with it reinvested.

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Net assets: $9.5m on Nov 3, 2026 for Amplify Bitcoin Max Income Covered Call ETF, and $3.5m on Jun 30, 2026 for Grayscale Ethereum High Income ETF.

At a glance
22.6%
BAGY cash paid, 1 year
40.5%
ETCO cash paid, 1 year
−30.2%
BAGY total return, 1 year
−29.6%
ETCO total return, 1 year
BAGY · 1 year to Nov 4, 2026 9.7 pts behind Bitcoin
BAGY
−30.2%
Bitcoin
−20.5%

9.7 pts behind Bitcoin

BAGY over 1 year: paid 22.6%, price −50.5%, total −30.2%, Bitcoin −20.5%, −9.7 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

BAGY

−30.2%

9.7 pts behind Bitcoin

Total return, distributions reinvested

9.7 pts behind Bitcoin

BAGY over 1 year: paid 22.6%, price −50.5%, total −30.2%, Bitcoin −20.5%, −9.7 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

BAGY

−30.2%

9.7 pts behind Bitcoin

22.6% of it arrived as cash. Total return, distributions reinvested. BAGY over 1 year: paid 22.6%, price −50.5%, total −30.2%, Bitcoin −20.5%, −9.7 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
ETCO · 1 year to Nov 4, 2026 4.9 pts behind Ether
ETCO
−29.6%
Ether
−24.7%

4.9 pts behind Ether

ETCO over 1 year: paid 40.5%, price −64.0%, total −29.6%, Ether −24.7%, −4.9 pts. Data to Nov 4, 2026.

Ether

−24.7%

ETCO

−29.6%

4.9 pts behind Ether

Total return, distributions reinvested

4.9 pts behind Ether

ETCO over 1 year: paid 40.5%, price −64.0%, total −29.6%, Ether −24.7%, −4.9 pts. Data to Nov 4, 2026.

Ether

−24.7%

ETCO

−29.6%

4.9 pts behind Ether

40.5% of it arrived as cash. Both charts share one scale, with zero at the line. ETCO over 1 year: paid 40.5%, price −64.0%, total −29.6%, Ether −24.7%, −4.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

Both cost 0.65% a year; their one-year returns differ by 0.6 points.

Points (pts) are percentage points.

BAGY vs ETCO: Dividend Yield & Total Return
MeasureBAGYETCO
Paid and earned
Total return, 1 year−30.2%−29.6%
Price change, 1 yearfell 50.5%fell 64.0%
Against its benchmark
BenchmarkBitcoin (BTC-USD)Ether (ETH-USD)
Cost and size
Expense ratio0.65%0.65%
Net assets, BAGY as of Nov 3, 2026 and ETCO as of Jun 30, 2026$9.5m$3.5m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · ETCO scores higher How much of what it paid out did its total return cover?
IQ Income Score3.3BAGY6.3ETCO

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

0%

By the books each fund has filed, BAGY and ETCO hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BAGY ETCO
Only in one fund ↓
Only in BAGY
Invesco Government & Agency Portfolio 12/31/2031 45.90%
MBTX 12/18/2026 169.25 C 15.09%
MBTX 11/10/2026 192.04 C -1.20%
MBTX 12/18/2026 169.25 P -1.91%
Only in ETCO
Check overlap with more funds →

Side by side

BAGY Amplify Bitcoin Max Income Covered Call ETF · Covered call on Bitcoin, paying monthly ETCO Grayscale Ethereum High Income ETF · Covered call on Ether, paying monthly
Strategy covered call covered call
Benchmark Bitcoin (BTC-USD) Ether (ETH-USD)
Pays monthly monthly
Payout rate, annualized 31.1% 19.6%
Expense ratio 0.65% 0.65%
Cash paid, 1 year 22.6% 40.5%
Price change, 1 year −50.5% −64.0%
Total return, 1 year −30.2% −29.6%
Benchmark return, 1 year −20.5% −24.7%
Ahead or behind −9.7 pts −4.9 pts
Return of capital, latest estimate 95% not published
Age 1.5 years 1.2 years
Net assets, BAGY as of Nov 3, 2026 and ETCO as of Jun 30, 2026 $9.5m $3.5m

As of Nov 4, 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: BAGY vs ETCO: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowBAGYETCOBAGYETCOBAGYETCO
3 months+1.7%+4.4%7.8%10.7%−21.9 pts−21.9 pts
6 months−20.0%−16.4%11.6%18.5%−18.3 pts−19.4 pts
1 year−30.2%−29.6%22.6%40.5%−9.7 pts−5.0 pts
Since launchNot the same days: BAGY Apr 2025 · ETCO Sep 2025−28.3%−46.9%37.3%39.5%−12.3 pts−3.5 pts

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About each fund
BAGY

Over the year to Nov 4, 2026, BAGY paid 22.6% of its starting value in cash distributions while its price fell 50.5%. With every distribution reinvested, the fund returned −30.2%. Bitcoin (BTC-USD) returned −20.5% over the same days, so a holder was behind by 9.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 31.1%, paid monthly. Amplify estimates that 95% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

ETCO

Over the year to Nov 4, 2026, ETCO paid 40.5% of its starting value in cash distributions while its price fell 64.0%. With every distribution reinvested, the fund returned −29.6%. Ether (ETH-USD) returned −24.7% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 19.6%, paid monthly.

Questions people ask

Which paid more, BAGY or ETCO?
Over the year to Nov 4, 2026, BAGY paid 22.6% of its starting price in cash and ETCO paid 40.5%, so ETCO paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, BAGY or ETCO?
With every distribution reinvested, BAGY returned −30.2% and ETCO −29.6% over the year to Nov 4, 2026.
Which is cheaper, BAGY or ETCO?
BAGY and ETCO both charge 0.65% a year, so neither is cheaper. Fees come from each fund's prospectus.
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Sources and dates

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

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, BAGY against ETCO, data as of Nov 4, 2026. https://etfiq.com/compare/income/bagy-vs-etco

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