Data as of .
CAIQ vs SDTY: which paid, and which earned it?
CAIQ and SDTY both write options for income.
What they hold in common
By the books each fund has filed, CAIQ and SDTY hold 0% of their money in the same securities at the same weight.
| Only in CAIQ | Only in SDTY |
|---|---|
| Calamos Tax-Aware Collateral ETF 100.00% | SPX 12/18/2026 1200.26 C 88.32% |
| First American Government Obligations Fund 12/01/2031 8.93% | |
| United States Treasury Bill 10/15/2026 2.55% | |
| United States Treasury Bill 02/18/2027 0.10% | |
| United States Treasury Bill 07/08/2027 0.09% |
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 | |||
|---|---|---|---|---|---|---|
| CAIQ | SDTY | CAIQ | SDTY | CAIQ | SDTY | |
| 3 months | −0.5% | +3.2% | 4.3% | 5.9% | +1.9 pts | +1.0 pts |
| 6 months | +16.5% | +16.5% | 9.5% | 13.7% | −7.7 pts | −1.6 pts |
| 1 year | not published | +15.8% | not published | 24.4% | not published | −0.8 pts |
| Since launch | +16.7% | +22.3% | 13.7% | 35.4% | −7.0 pts | −5.8 pts |
| CAIQ Calamos Nasdaq Autocallable Income ETF Option income on QQQ, paying monthly | SDTY YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF 0DTE covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | Calamos | YieldMax |
| Strategy | option income | 0DTE covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | weekly |
| Payout rate, annualized | 17.9% | 19.8% |
| Expense ratio | 0.74% | 1.08% |
| Cash paid, 1 year | 13.7% (since launch on Nov 20, 2025) | 24.4% |
| Price change, 1 year | +2.1% | −10.8% |
| Total return, 1 year | +16.7% (since launch on Nov 20, 2025) | +15.8% |
| Benchmark return, 1 year | +23.6% | +16.6% |
| Ahead or behind | −7.0 pts | −0.8 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 302 days | 589 days |
| Net assets | $167m | $28m |
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.
SDTY in plain words
Over the year to Sep 18, 2026, SDTY paid 24.4% of its starting value in cash distributions while its price fell 10.8%. With every distribution reinvested, the fund returned +15.8%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 19.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, CAIQ or SDTY?
- CAIQ charges 0.74% a year and SDTY charges 1.08%, 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, CAIQ against SDTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/caiq-vs-sdty Free to use with attribution; the underlying files are at Open data.