Which paid more, CHPY or USOY?

Over the year to Nov 4, 2026, CHPY paid 48.9% of its starting price in cash and USOY paid 51.6%, so USOY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, CHPY or USOY?

With every distribution reinvested, CHPY returned +44.3% and USOY +56.0% over the year to Nov 4, 2026.

Which is cheaper, CHPY or USOY?

CHPY charges 1.03% a year and USOY charges 1.12%, so CHPY is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

CHPY vs USOY: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, USOY paid 51.6% of its price in cash against CHPY’s 48.9%, and returned more with it reinvested.

askIQ about this page

askIQ about CHPY and USOY

Net assets on Nov 3, 2026: $1.2bn for YieldMax Semiconductor Portfolio Option Income ETF and $79m for Defiance Oil Enhanced Options Income ETF.

CHPY on its own →USOY on its own →

At a glance

48.9%

CHPY cash paid, 1 year

51.6%

USOY cash paid, 1 year

+44.3%

CHPY total return, 1 year

+56.0%

USOY total return, 1 year

CHPY · 1 year to Nov 4, 2026 29.5 pts ahead of SPY

CHPY

+44.3%

SPY

+14.8%

29.5 pts ahead of SPY

CHPY over 1 year: paid 48.9%, price −6.0%, total +44.3%, SPY +14.8%, +29.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

CHPY

+44.3%

48.9% of it arrived as cash

29.5 pts ahead of SPY

Total return, distributions reinvested

29.5 pts ahead of SPY

CHPY over 1 year: paid 48.9%, price −6.0%, total +44.3%, SPY +14.8%, +29.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

CHPY

+44.3%

29.5 pts ahead of SPY

48.9% of it arrived as cash. Total return, distributions reinvested. CHPY over 1 year: paid 48.9%, price −6.0%, total +44.3%, SPY +14.8%, +29.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

USOY · 1 year to Nov 4, 2026 46.2 pts behind USO

USOY

+56.0%

USO

+102.2%

46.2 pts behind USO

USOY over 1 year: paid 51.6%, price −4.8%, total +56.0%, USO +102.2%, −46.2 pts. Data to Nov 4, 2026.

USO

+102.2%

USOY

+56.0%

51.6% of it arrived as cash

46.2 pts behind USO

Total return, distributions reinvested

46.2 pts behind USO

USOY over 1 year: paid 51.6%, price −4.8%, total +56.0%, USO +102.2%, −46.2 pts. Data to Nov 4, 2026.

USO

+102.2%

USOY

+56.0%

46.2 pts behind USO

51.6% of it arrived as cash. Both charts share one scale, with zero at the line. USOY over 1 year: paid 51.6%, price −4.8%, total +56.0%, USO +102.2%, −46.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

CHPY costs 0.09 points a year less; their one-year returns differ by 11.7 points; CHPY is 15.2 times larger.

Points (pts) are percentage points.

CHPY vs USOY: Dividend Yield & Total Return
Measure	CHPY	USOY
Paid and earned
Measure	CHPY	USOY
Total return, 1 year	+44.3%	+56.0%
Price change, 1 year	fell 6.0%	fell 4.8%
Return of capital, issuer estimate	99% of the Nov 5, 2026 payment	96% of the Oct 30, 2026 payment
Against its benchmark
Measure	CHPY	USOY
Benchmark	S&P 500, measured through SPY	United States Oil Fund, LP, measured through USO
Cost and size
Measure	CHPY	USOY
Expense ratio	1.03%	1.12%
Net assets, as of Nov 3, 2026	$1.2bn	$79m
Holdings
Measure	CHPY	USOY
Holdings in common	0%

ETFIQ Distribution Coverage Score · USOY scores higher How much of what it paid out did its total return cover?

IQ Income Score51.2CHPY63.8USOY

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

CHPY 51.2

USOY 63.8

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

By the books each fund has filed, CHPY and USOY hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first CHPY USOY

Only in one fund ↓

Only in CHPY

NVIDIA Corp 6.83%

Advanced Micro Devices Inc 6.12%

Broadcom Inc 5.49%

Micron Technology Inc 4.65%

ASE Technology Holding Co Ltd 4.50%

Lam Research Corp 4.39%

MARVELL TECHNOLOGY INC 4.35%

ASML Holding NV 4.19%

Only in USOY

US TREASURY N/B 18.88%

Check overlap with more funds →

Side by side

CHPY YieldMax Semiconductor Portfolio Option Income ETF · Synthetic covered call on SPY, paying weekly USOY Defiance Oil Enhanced Options Income ETF · Option income on USO, paying weekly

Issuer YieldMax Defiance

Strategy synthetic covered call option income

Benchmark S&P 500 (SPY) United States Oil Fund, LP (USO)

Pays weekly weekly

Payout rate, annualized 40.7% 50.6%

Expense ratio 1.03% 1.12%

Cash paid, 1 year 48.9% 51.6%

Price change, 1 year −6.0% −4.8%

Total return, 1 year +44.3% +56.0%

Benchmark return, 1 year +14.8% +102.2%

Ahead or behind +29.5 pts −46.2 pts

Return of capital, latest estimate 99% 96%

Age 1.6 years 2.5 years

Net assets, as of Nov 3, 2026 $1.2bn $79m

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: CHPY vs USOY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CHPY	USOY	CHPY	USOY	CHPY	USOY
3 months	−14.2%	+14.8%	9.9%	12.6%	−14.1 pts	−11.8 pts
6 months	−9.7%	+1.8%	20.6%	20.9%	−14.7 pts	−6.8 pts
1 year	+44.3%	+56.0%	48.9%	51.6%	+29.5 pts	−46.1 pts
Since launchNot the same days: CHPY Apr 2025 · USOY May 2024	+126.5%	+55.7%	87.4%	83.8%	+81.2 pts	−37.4 pts

Open this comparison in the app →

Alert

About each fund

CHPY

Over the year to Nov 4, 2026, CHPY paid 48.9% of its starting value in cash distributions while its price fell 6.0%. With every distribution reinvested, the fund returned +44.3%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 29.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 40.7%, paid weekly. YieldMax estimates that 99% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

USOY

Over the year to Nov 4, 2026, USOY paid 51.6% of its starting value in cash distributions while its price fell 4.8%. With every distribution reinvested, the fund returned +56.0%. United States Oil Fund, LP (USO) returned +102.2% over the same days, so a holder was behind by 46.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 50.6%, paid weekly. Defiance estimates that 96% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, CHPY or USOY?: Over the year to Nov 4, 2026, CHPY paid 48.9% of its starting price in cash and USOY paid 51.6%, so USOY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, CHPY or USOY?: With every distribution reinvested, CHPY returned +44.3% and USOY +56.0% over the year to Nov 4, 2026.
Which is cheaper, CHPY or USOY?: CHPY charges 1.03% a year and USOY charges 1.12%, so CHPY is cheaper. Fees come from each fund's prospectus.

Other comparisons

CHPY vs TYLG CHPY vs XLUI CHPY vs WEEI CHPY vs SOXY USOY vs GPTY USOY vs SOXY USOY vs EIPI USOY vs XLEI

Where to next

S&P 500 (SPY) →United States Oil Fund →CHPY on its own →USOY on its own →CHPY dividend history →CHPY holdings →USOY dividend history →USOY holdings →Method →Standards and sources →

Sources and dates

CHPY and USOY filings on SEC EDGAR ↗

CHPY prospectus with the expense ratio (SEC) ↗

CHPY 19a-1 distribution notice ↗

YieldMax page for CHPY ↗

USOY prospectus with the expense ratio (SEC) ↗

USOY 19a-1 distribution notice ↗

Defiance page for USOY ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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, CHPY against USOY, data as of Nov 4, 2026. https://etfiq.com/compare/income/chpy-vs-usoy

Open data →

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