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Data as of .

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

Over the year CONY paid 40.0% of its price in cash against ISPY’s 5.7%, though ISPY returned more with it reinvested.

YieldMax(R) COIN Option Income Strategy ETF and ProShares S&P 500 High Income ETF, side by side, income ETFs on ETFIQ.

40.0%CONY cash paid, 1 year
5.7%ISPY cash paid, 1 year
−41.0%CONY total return, 1 year
+14.4%ISPY total return, 1 year

ETFIQ Return Stability Score: ISPY scores higher

Was the payout funded by returns, or by your own capital?

CONY 49.2ISPY 70.79.1, the lowest in this set97.6, the highest

A percentile among the 61 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

CONY4.9 pts ahead of COIN · 1 year to Sep 11, 2026
COIN−45.9%CONY−41.0%4.9 pts ahead of COINTotal return, distributions reinvestedCOIN−45.9%CONY−41.0%4.9 pts ahead of COIN
ISPY3.1 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%ISPY+14.4%3.1 pts behind SPYTotal return, distributions reinvestedSPY+17.5%ISPY+14.4%3.1 pts behind SPY

What they hold in common

By the books each fund has filed, CONY and ISPY hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in CONYOnly in ISPY
TREASURY BILL 37.96%ProShares GENIUS Money Market ETF 10.56%
TREASURY BILL 25.76%NVIDIA Corp. 7.07%
TREASURY BILL 25.29%Apple, Inc. 6.31%
TREASURY BILL 7.55%Microsoft Corp. 4.60%
TREASURY BILL 3.44%Amazon.com, Inc. 3.64%
Alphabet, Inc. 3.05%
Broadcom, Inc. 2.92%
Alphabet, Inc. 2.42%

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 May 31, 2026.

Performance, window by window

CONY and ISPY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CONYISPYCONYISPYCONYISPY
3 months+10.8%+1.8%16.9%1.5%+1.2 pts−1.5 pts
6 months−4.2%+12.8%30.2%3.5%+6.2 pts−3.2 pts
1 year−41.0%+14.4%40.0%5.7%+4.9 pts−3.1 pts
3 years+30.7%not published162.8%not published−84.8 ptsnot published
Since launch+37.6%+53.4%171.5%25.8%−83.7 pts−14.8 pts
Open the live comparison on ETFIQ
CONY and ISPY on the same fields, as of Sep 11, 2026. Source: ETFIQ.
CONY
YieldMax(R) COIN Option Income Strategy ETF
Synthetic covered call on COIN, paying weekly
ISPY
ProShares S&P 500 High Income ETF
Covered call on SPY, paying monthly
IssuerYieldMaxProShares
Strategysynthetic covered callcovered call
BenchmarkCoinbase (COIN)S&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized91.0%5.8%
Expense ratio1.04%0.56%
Cash paid, 1 year40.0%5.7%
Price change, 1 year−72.9%+8.4%
Total return, 1 year−41.0%+14.4%
Benchmark return, 1 year−45.9%+17.5%
Ahead or behind+4.9 pts−3.1 pts
Return of capital, latest estimate59%not published
Age1123 days996 days

CONY in plain words

Over the year to Sep 11, 2026, CONY paid 40.0% of its starting value in cash distributions while its price fell 72.9%. With every distribution reinvested, the fund returned −41.0%. Coinbase (COIN) returned −45.9% over the same days, so a holder was ahead by 4.9 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 91.0%, paid weekly. YieldMax estimates that 59% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

ISPY in plain words

Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 5.8%, paid monthly.

Questions people ask

Which paid more, CONY or ISPY?
Over the year to Sep 11, 2026, CONY paid 40.0% of its starting price in cash and ISPY paid 5.7%, so CONY 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 ISPY?
With every distribution reinvested, CONY returned −41.0% and ISPY returned +14.4% over the year to Sep 11, 2026, so ISPY returned more.
Which is cheaper, CONY or ISPY?
CONY charges 1.04% a year and ISPY charges 0.56%, so ISPY 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.

CONY against ISPY, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CONY against ISPY, data as of Sep 11, 2026. https://etfiq.com/compare/income/cony-vs-ispy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources