Data as of .
BIGY vs CAIQ: which paid, and which earned it?
BIGY and CAIQ both write options for income.
What they hold in common
By the books each fund has filed, BIGY and CAIQ hold 0% of their money in the same securities at the same weight.
| Only in BIGY | Only in CAIQ |
|---|---|
| Apple Inc 7.21% | Calamos Tax-Aware Collateral ETF 100.00% |
| NVIDIA Corp 6.66% | |
| Amazon.com Inc 4.95% | |
| Alphabet Inc 4.84% | |
| Advanced Micro Devices Inc 4.19% | |
| Microsoft Corp 3.84% | |
| Meta Platforms Inc 3.70% | |
| JPMORGAN CHASE & CO. 3.24% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BIGY | CAIQ | BIGY | CAIQ | BIGY | CAIQ | |
| 3 months | +2.6% | −0.5% | 3.0% | 4.3% | +0.3 pts | +1.9 pts |
| 6 months | +15.0% | +16.5% | 6.9% | 9.5% | −3.0 pts | −7.7 pts |
| 1 year | +13.0% | not published | 12.5% | not published | −3.6 pts | not published |
| Since launch | +28.9% | +16.7% | 21.8% | 13.7% | −2.4 pts | −7.0 pts |
| BIGY YieldMax(R) Target 12(TM) Big 50 Option Income ETF Synthetic covered call on SPY, paying monthly | CAIQ Calamos Nasdaq Autocallable Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | YieldMax | Calamos |
| Strategy | synthetic covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 12.1% | 17.9% |
| Expense ratio | 1.09% | 0.74% |
| Cash paid, 1 year | 12.5% | 13.7% (since launch on Nov 20, 2025) |
| Price change, 1 year | −0.3% | +2.1% |
| Total return, 1 year | +13.0% | +16.7% (since launch on Nov 20, 2025) |
| Benchmark return, 1 year | +16.6% | +23.6% |
| Ahead or behind | −3.6 pts | −7.0 pts |
| Return of capital, latest estimate | 0% | not published |
| Age | 666 days | 302 days |
| Net assets | $33m | $167m |
BIGY in plain words
Over the year to Sep 18, 2026, BIGY paid 12.5% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +13.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 3.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.1%, paid monthly. YieldMax estimates that 0% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
CAIQ in plain words
Over the period since launch on Nov 20, 2025 to Sep 18, 2026, CAIQ paid 13.7% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +16.7%. Nasdaq-100 (QQQ) returned +23.6% over the same days, so a holder was behind by 7.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 17.9%, paid monthly.
Questions people ask
- Which is cheaper, BIGY or CAIQ?
- BIGY charges 1.09% a year and CAIQ charges 0.74%, so CAIQ 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.
Cite this page. ETFIQ, BIGY against CAIQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/bigy-vs-caiq Free to use with attribution; the underlying files are at Open data.