CONY vs COYY: which paid, and which earned it?

Over the year COYY paid 43.6% of its price in cash against CONY’s 35.9%, though CONY returned more with it reinvested. YieldMax(R) COIN Option Income Strategy ETF and GraniteShares YieldBOOST COIN ETF.

35.9%
CONY cash paid, 1 year
43.6%
COYY cash paid, 1 year
−38.8%
CONY total return, 1 year
−58.8%
COYY total return, 1 year
CONY · 1 year to Sep 30, 20266 pts ahead of COIN
CONY
−38.8%
COIN
−44.8%

6 pts ahead of COIN

CONY over 1 year: paid 35.9%, price −70.8%, total −38.8%, COIN −44.8%, +6.0 pts.

COIN

−44.8%

CONY

−38.8%

6 pts ahead of COIN

Total return, distributions reinvested

6 pts ahead of COIN

CONY over 1 year: paid 35.9%, price −70.8%, total −38.8%, COIN −44.8%, +6.0 pts.

COIN

−44.8%

CONY

−38.8%

6 pts ahead of COIN

35.9% of it arrived as cash. Total return, distributions reinvested. CONY over 1 year: paid 35.9%, price −70.8%, total −38.8%, COIN −44.8%, +6.0 pts.

COYY · 1 year to Sep 30, 202614 pts behind COIN
COYY
−58.8%
COIN
−44.8%

14 pts behind COIN

COYY over 1 year: paid 43.6%, price −86.3%, total −58.8%, COIN −44.8%, −14.0 pts.

COIN

−44.8%

COYY

−58.8%

14 pts behind COIN

Total return, distributions reinvested

14 pts behind COIN

COYY over 1 year: paid 43.6%, price −86.3%, total −58.8%, COIN −44.8%, −14.0 pts.

COIN

−44.8%

COYY

−58.8%

14 pts behind COIN

43.6% of it arrived as cash. Both charts share one scale, 0 to −38.8%. COYY over 1 year: paid 43.6%, price −86.3%, total −58.8%, COIN −44.8%, −14.0 pts.

ETFIQ Return Stability Score · CONY scores higherWas the payout funded by returns, or by your own capital?
7.2, the lowest in this set97.2, the highest

A percentile among the 70 income ETFs writing on a single company. 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 →

What they hold in common

By the books each fund has filed, CONY and COYY hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 1, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding CONY COYY
Only in CONY
United States Treasury Note/Bond 2.375% 05/15/2027 24.60%
United States Treasury Bill 02/18/2027 20.43%
United States Treasury Bill 12/10/2026 18.00%
United States Treasury Bill 10/15/2026 13.97%
COIN US 10/16/26 C150 9.37%
COIN US 11/20/26 C170 8.13%
United States Treasury Bill 07/08/2027 5.46%
First American Government Obligations Fund 12/01/2031 3.17%
Only in COYY
Treasury Bill 59.06%
Treasury Bill 40.94%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowCONYCOYYCONYCOYYCONYCOYY
3 months+18.8%−4.9%17.8%15.8%+1.7 pts−22.0 pts
6 months+11.5%−14.5%32.3%30.6%+3.8 pts−22.3 pts
1 year−38.8%−58.8%35.9%43.6%+6.0 pts−14.0 pts
3 years+47.0%not published172.9%not published−101.2 ptsnot published
Since launch
CONY Aug 2023 · COYY Jul 2025
+46.0%−60.4%171.8%55.0%−89.4 pts−10.6 pts

CONY and COYY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CONY
YieldMax(R) COIN Option Income Strategy ETF · Synthetic covered call on COIN, paying weekly
COYY
GraniteShares YieldBOOST COIN ETF · Synthetic covered call on COIN, paying weekly
Issuer YieldMax GraniteShares
Strategy synthetic covered call synthetic covered call
Benchmark Coinbase (COIN) Coinbase (COIN)
Pays weekly weekly
Payout rate, annualized 72.8% 65.0%
Expense ratio 1.04% 1.07%
Cash paid, 1 year 35.9% 43.6%
Price change, 1 year −70.8% −86.3%
Total return, 1 year −38.8% −58.8%
Benchmark return, 1 year −44.8% −44.8%
Ahead or behind +6.0 pts −14.0 pts
Return of capital, latest estimate 88% 96%
Age 1142 days 428 days
Net assets $380m $17m

CONY and COYY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CONY in plain words

Over the year to Sep 30, 2026, CONY paid 35.9% of its starting value in cash distributions while its price fell 70.8%. With every distribution reinvested, the fund returned −38.8%. Coinbase (COIN) returned −44.8% over the same days, so a holder was ahead by 6.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 72.8%, paid weekly. YieldMax estimates that 88% of the distribution paid Oct 2, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

COYY in plain words

Over the year to Sep 30, 2026, COYY paid 43.6% of its starting value in cash distributions while its price fell 86.3%. With every distribution reinvested, the fund returned −58.8%. Coinbase (COIN) returned −44.8% over the same days, so a holder was behind by 14.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 65.0%, paid weekly. GraniteShares estimates that 96% of the distribution paid Sep 1, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, CONY or COYY?
Over the year to Sep 30, 2026, CONY paid 35.9% of its starting price in cash and COYY paid 43.6%, so COYY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, CONY or COYY?
With every distribution reinvested, CONY returned −38.8% and COYY −58.8% over the year to Sep 30, 2026.
Which is cheaper, CONY or COYY?
CONY charges 1.04% a year and COYY charges 1.07%, so CONY is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, CONY against COYY, data as of Sep 30, 2026. https://etfiq.com/compare/income/cony-vs-coyy

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.