Data as of Nov 4, 2026.
CAIQ vs OARK: Dividend Yield & Total Return
CAIQ and OARK both write options for income.
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Net assets: $286m on Jul 31, 2026 for Calamos Nasdaq Autocallable Income ETF, and $38m on Nov 3, 2026 for YieldMax Innovation Option Income Strategy ETF.
5.7 pts behind QQQ
CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
QQQ
+18.7%
CAIQ
+13.0%
16.8% of it arrived as cash
5.7 pts behind QQQ
Total return, distributions reinvested
5.7 pts behind QQQ
CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
QQQ
+18.7%
CAIQ
+13.0%
16.8% cash
5.7 pts behind QQQ
16.8% of it arrived as cash. Total return, distributions reinvested. CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.1.1 pts ahead of ARKK
OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.
ARKK
−3.7%
OARK
−2.6%
1.1 pts ahead of ARKK
Total return, distributions reinvested
1.1 pts ahead of ARKK
OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.
ARKK
−3.7%
OARK
−2.6%
1.1 pts ahead of ARKK
33.3% of it arrived as cash. Both charts share one scale, with zero at the line. OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
CAIQ costs 0.26 points a year less.
Points (pts) are percentage points.
| Measure | CAIQ | OARK |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | −2.6% |
| Price change | fell 4.1% (since Nov 20, 2025) | fell 36.6% (1 year) |
| Return of capital, issuer estimate | 100% of the Nov 9, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | ARK Innovation ETF, measured through ARKK |
| Cost and size | ||
| Expense ratio | 0.74% | 1.00% |
| Net assets, CAIQ as of Jul 31, 2026 and OARK as of Nov 3, 2026 | $286m | $38m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, CAIQ and OARK hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | CAIQ | OARK | CAIQ | OARK | CAIQ | OARK |
| 3 months | −2.9% | +1.6% | 4.5% | 8.3% | +0.6 pts | −3.9 pts |
| 6 months | −1.9% | −2.3% | 8.6% | 17.8% | −1.6 pts | −3.3 pts |
| 1 year | – | −2.6% | – | 33.3% | – | +1.1 pts |
| 3 years | – | +62.6% | – | 95.8% | – | −36.1 pts |
| Since launchNot the same days: CAIQ Nov 2025 · OARK Nov 2022 | +13.0% | +47.8% | 16.8% | 90.4% | −5.7 pts | −75.3 pts |
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CAIQ
Over the period from its first trade on Nov 20, 2025 to Nov 4, 2026, CAIQ paid 16.8% of its starting value in cash distributions while its price fell 4.1%. With every distribution reinvested, the fund returned +13.0%. Nasdaq-100 (QQQ) returned +18.7% over the same days, so a holder was behind by 5.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 19.6%, paid monthly. Calamos estimates that 100% of the distribution paid Nov 9, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
OARK
Over the year to Nov 4, 2026, OARK paid 33.3% of its starting value in cash distributions while its price fell 36.6%. With every distribution reinvested, the fund returned −2.6%. ARK Innovation ETF (ARKK) returned −3.7% over the same days, so a holder was ahead by 1.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 31.8%, paid weekly.
Questions people ask
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, CAIQ against OARK, data as of Nov 4, 2026. https://etfiq.com/compare/income/caiq-vs-oark
ETFIQ. (Nov 4, 2026). CAIQ against OARK. Retrieved from https://etfiq.com/compare/income/caiq-vs-oark
[CAIQ against OARK (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/caiq-vs-oark)
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