Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BIGY vs PBP: which paid, and which earned it?

Over the year BIGY paid 12.5% of its price in cash against PBP’s 11.8%, though PBP returned more with it reinvested.

YieldMax(R) Target 12(TM) Big 50 Option Income ETF and Invesco S&P 500 BuyWrite ETF.

12.5%BIGY cash paid, 1 year
11.8%PBP cash paid, 1 year
+13.0%BIGY total return, 1 year
+18.5%PBP total return, 1 year

ETFIQ Return Stability Score: PBP scores higher

Was the payout funded by returns, or by your own capital?

BIGY 52.6PBP 80.63.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

BIGY3.6 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%BIGY+13.0%12.5% of it arrived as cash3.6 pts behind SPYTotal return, distributions reinvestedSPY+16.6%BIGY+13.0%12.5% as cash3.6 pts behind SPY
PBP1.9 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%PBP+18.5%11.8% of it arrived as cash1.9 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%PBP+18.5%11.8% cash1.9 pts ahead of SPY

What they hold in common

By the books each fund has filed, BIGY and PBP hold 53% of their money in the same securities at the same weight.

Positions BIGY and PBP both hold, largest shared weight first
HoldingBIGYPBP
Apple Inc7.21%7.50%
NVIDIA Corp6.66%8.18%
Microsoft Corp3.84%5.57%
Amazon.com Inc4.95%3.77%
Alphabet Inc4.84%3.11%
Broadcom Inc3.04%2.57%
Meta Platforms Inc3.70%2.22%
Tesla Inc2.35%1.56%
JPMORGAN CHASE & CO.3.24%1.42%
Advanced Micro Devices Inc4.19%1.39%
Eli Lilly & Co1.99%1.38%
ExxonMobil Holdings Corp2.23%1.03%
Only in each
Only in BIGYOnly in PBP
First American Government Obligations Fund 12/01/2031 0.84%Alphabet Inc 2.47%
Space Exploration Technologies Corp 0.75%Micron Technology Inc 1.74%
NVDA US 10/16/26 C230 0.13%Berkshire Hathaway Inc 1.42%
AMD US 10/16/26 C630 0.07%Intel Corp 0.81%
AVGO US 10/16/26 C380 0.05%Palantir Technologies Inc 0.62%
META US 10/16/26 C730 0.05%Lam Research Corp 0.55%
GOOGL US 10/16/26 C380 0.04%Applied Materials Inc 0.54%
CAT US 10/16/26 C870 0.03%Palo Alto Networks Inc 0.45%

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 Sep 19, 2026 and Sep 21, 2026.

Performance, window by window

BIGY and PBP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BIGYPBPBIGYPBPBIGYPBP
3 months+2.6%+5.0%3.0%2.8%+0.3 pts+2.7 pts
6 months+15.0%+13.0%6.9%5.7%−3.0 pts−5.0 pts
1 year+13.0%+18.5%12.5%11.8%−3.6 pts+1.9 pts
3 yearsnot published+46.1%not published31.8%not published−32.3 pts
Since launch+28.9%+199.0%21.8%101.2%−2.4 pts−604.5 pts
Open the live comparison on ETFIQ
BIGY and PBP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BIGY
YieldMax(R) Target 12(TM) Big 50 Option Income ETF
Synthetic covered call on SPY, paying monthly
PBP
Invesco S&P 500 BuyWrite ETF
Covered call on SPY, paying monthly
IssuerYieldMaxInvesco
Strategysynthetic covered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized12.1%11.3%
Expense ratio1.09%0.29%
Cash paid, 1 year12.5%11.8%
Price change, 1 year−0.3%+5.5%
Total return, 1 year+13.0%+18.5%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−3.6 pts+1.9 pts
Return of capital, latest estimate0%not published
Age666 days6101 days
Net assets$33m$386m

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).

PBP in plain words

Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.

Questions people ask

Which paid more, BIGY or PBP?
Over the year to Sep 18, 2026, BIGY paid 12.5% of its starting price in cash and PBP paid 11.8%, so BIGY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, BIGY or PBP?
With every distribution reinvested, BIGY returned +13.0% and PBP returned +18.5% over the year to Sep 18, 2026, so PBP returned more.
Which is cheaper, BIGY or PBP?
BIGY charges 1.09% a year and PBP charges 0.29%, so PBP 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.

BIGY against PBP, 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, BIGY against PBP, data as of Sep 18, 2026. https://etfiq.com/compare/income/bigy-vs-pbp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources