Which paid more, BUCK or TLTP?

Over the year to Nov 4, 2026, BUCK paid 6.7% of its starting price in cash and TLTP paid 11.9%, so TLTP paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, BUCK or TLTP?

With every distribution reinvested, BUCK returned +3.3% and TLTP −2.2% over the year to Nov 4, 2026.

Which is cheaper, BUCK or TLTP?

BUCK charges 0.38% a year and TLTP charges 0.39%, so BUCK is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

BUCK vs TLTP: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, TLTP paid 11.9% of its price in cash against BUCK’s 6.7%, though BUCK returned more with it reinvested.

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Net assets on Nov 3, 2026: $517m for Simplify Treasury Option Income ETF and $31m for Amplify TLT U.S. Treasury 12% Option Income ETF.

BUCK on its own →TLTP on its own →

At a glance

6.7%

BUCK cash paid, 1 year

11.9%

TLTP cash paid, 1 year

+3.3%

BUCK total return, 1 year

−2.2%

TLTP total return, 1 year

BUCK · 1 year to Nov 4, 2026 Not measured

BUCK

+3.3%

none

Not measured

BUCK over 1 year: paid 6.7%, price −3.4%, total +3.3%, not measured against a benchmark. Data to Nov 4, 2026.

BUCK

+3.3%

6.7% of it arrived as cash

Total return, distributions reinvested

Not measured

BUCK over 1 year: paid 6.7%, price −3.4%, total +3.3%, not measured against a benchmark. Data to Nov 4, 2026.

BUCK

+3.3%

6.7% of it arrived as cash. Total return, distributions reinvested. BUCK over 1 year: paid 6.7%, price −3.4%, total +3.3%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

TLTP · 1 year to Nov 4, 2026 2.6 pts ahead of TLT

TLTP

−2.2%

TLT

−4.8%

2.6 pts ahead of TLT

TLTP over 1 year: paid 11.9%, price −14.0%, total −2.2%, TLT −4.8%, +2.6 pts. Data to Nov 4, 2026.

TLT

−4.8%

TLTP

−2.2%

2.6 pts ahead of TLT

Total return, distributions reinvested

2.6 pts ahead of TLT

TLTP over 1 year: paid 11.9%, price −14.0%, total −2.2%, TLT −4.8%, +2.6 pts. Data to Nov 4, 2026.

TLT

−4.8%

TLTP

−2.2%

2.6 pts ahead of TLT

11.9% of it arrived as cash. Both charts share one scale, with zero at the line. TLTP over 1 year: paid 11.9%, price −14.0%, total −2.2%, TLT −4.8%, +2.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

BUCK costs 0.01 points a year less; their one-year returns differ by 5.5 points; BUCK is 16.7 times larger.

Points (pts) are percentage points.

BUCK vs TLTP: Dividend Yield & Total Return
Measure	BUCK	TLTP
Paid and earned
Measure	BUCK	TLTP
Total return, 1 year	+3.3%	−2.2%
Price change, 1 year	fell 3.4%	fell 14.0%
Return of capital, issuer estimate	50% of the Oct 27, 2026 payment	68% of the Oct 30, 2026 payment
Against its benchmark
Measure	BUCK	TLTP
Benchmark	not published	20+ Year Treasury, measured through TLT
Cost and size
Measure	BUCK	TLTP
Expense ratio	0.38%	0.39%
Net assets, as of Nov 3, 2026	$517m	$31m
Holdings
Measure	BUCK	TLTP
Holdings in common	0%

Method

Risk and return

Nov 8, 2024 to Oct 30, 2026 · 103 weekly returns

BUCK TLTP

Return

Total return edge BUCK +7.7% −1.7%

Annualized edge BUCK +3.8% −0.9%

Price return edge BUCK −6.4% −23.4%

Risk

Volatility edge BUCK 4.4% 9.7%

Max drawdown edge BUCK −5.3% −9.2%

Risk-adjusted

Sharpe edge BUCK −0.04 −0.46

Sortino edge BUCK −0.05 −0.55

Calmar edge BUCK 0.72 −0.09

Reading

From Nov 2024 to Oct 2026, BUCK returned more: +7.7% to −1.7%. BUCK swung less: 4.4% to 9.7%. BUCK fell less at its worst: −5.3% to −9.2%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: BUCK vs TLTP: Dividend Yield & Total Return
Measure	BUCK	TLTP	Edge	How it is measured
Return
Total return	+7.7%	−1.7%	BUCK	Price change plus distributions, reinvested.
Annualized	+3.8%	−0.9%	BUCK	Total return as a yearly rate.
Price return	−6.4%	−23.4%	BUCK	Price change alone, distributions left out.
Risk
Volatility	4.4%	9.7%	BUCK	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.9%	8.0%	BUCK	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−5.3%	−9.2%	BUCK	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.04	−0.46	BUCK	Return above Treasury bills per unit of volatility.
Sortino	−0.05	−0.55	BUCK	Return above Treasury bills per unit of downside deviation.
Calmar	0.72	−0.09	BUCK	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 103 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BUCK TLTP

Only in one fund ↓

Only in BUCK

SIMPLIFY EXCHANGE TRADED FUNDS 99.75%

Only in TLTP

iShares 20+ Year Treasury Bond ETF 55.03%

United States Treasury Note/Bond 5.125% 08/15/2056 44.38%

TLT 11/06/2026 82 C -0.16%

Check overlap with more funds →

Side by side

BUCK Simplify Treasury Option Income ETF · Option income, paying monthly TLTP Amplify TLT U.S. Treasury 12% Option Income ETF · Option income on TLT, paying monthly

Issuer Simplify Amplify

Strategy option income option income

Benchmark none 20+ Year Treasury (TLT)

Pays monthly monthly

Payout rate, annualized 6.2% 13.0%

Expense ratio 0.38% 0.39%

Cash paid, 1 year 6.7% 11.9%

Price change, 1 year −3.4% −14.0%

Total return, 1 year +3.3% −2.2%

Benchmark return, 1 year not published −4.8%

Ahead or behind not available +2.6 pts

Return of capital, latest estimate 50% 68%

Age 4.0 years 2.0 years

Net assets, as of Nov 3, 2026 $517m $31m

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: BUCK vs TLTP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	BUCK	TLTP	BUCK	TLTP	BUCK	TLTP
3 months	+0.3%	+0.4%	1.5%	3.2%	not measured	+0.7 pts
6 months	+1.1%	−1.8%	3.1%	6.3%	not measured	+0.9 pts
1 year	+3.3%	−2.2%	6.7%	11.9%	not measured	+2.6 pts
3 years	+15.2%	–	21.8%	–	not measured	–
Since launchNot the same days: BUCK Oct 2022 · TLTP Oct 2024	+20.5%	0.0%	26.4%	22.0%	not measured	+2.5 pts

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

Client brief

No client brief for this pair: the two funds' holdings are dated 127 days apart.

Alert

About each fund

BUCK

Over the year to Nov 4, 2026, BUCK paid 6.7% of its starting value in cash distributions while its price fell 3.4%. With every distribution reinvested, the fund returned +3.3%. At its price on Nov 4, 2026 the latest distribution annualizes to 6.2%, paid monthly. Simplify estimates that 50% of the distribution paid Oct 27, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

TLTP

Over the year to Nov 4, 2026, TLTP paid 11.9% of its starting value in cash distributions while its price fell 14.0%. With every distribution reinvested, the fund returned −2.2%. 20+ Year Treasury (TLT) returned −4.8% over the same days, so a holder was ahead by 2.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 13.0%, paid monthly. Amplify estimates that 68% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, BUCK or TLTP?: Over the year to Nov 4, 2026, BUCK paid 6.7% of its starting price in cash and TLTP paid 11.9%, so TLTP paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, BUCK or TLTP?: With every distribution reinvested, BUCK returned +3.3% and TLTP −2.2% over the year to Nov 4, 2026.
Which is cheaper, BUCK or TLTP?: BUCK charges 0.38% a year and TLTP charges 0.39%, so BUCK is cheaper. Fees come from each fund's prospectus.

Other comparisons

BUCK vs TLTI BUCK vs LTTI BUCK vs TSYW BUCK vs FIYY TLTP vs TLTW TLTP vs TLTX TLTP vs TSYW TLTP vs FIYY

Where to next

20+ Year Treasury (TLT) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →BUCK on its own →TLTP on its own →BUCK dividend history →BUCK holdings →TLTP dividend history →TLTP holdings →Method →Standards and sources →

Sources and dates

BUCK filings on SEC EDGAR ↗

BUCK prospectus with the expense ratio (SEC) ↗

BUCK 19a-1 distribution notice ↗

Simplify website ↗

TLTP filings on SEC EDGAR ↗

TLTP prospectus with the expense ratio (SEC) ↗

TLTP 19a-1 distribution notice ↗

Amplify page for TLTP ↗

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

How this is computed

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

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BUCK against TLTP, data as of Nov 4, 2026. https://etfiq.com/compare/income/buck-vs-tltp

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