Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

Over the year CONY paid 40.0% of its price in cash against RYLD’s 12.3%, though RYLD returned more with it reinvested.

YieldMax(R) COIN Option Income Strategy ETF and Global X Russell 2000 Covered Call ETF, side by side, income ETFs on ETFIQ.

40.0%CONY cash paid, 1 year
12.3%RYLD cash paid, 1 year
−41.0%CONY total return, 1 year
+18.1%RYLD total return, 1 year

ETFIQ Return Stability Score: RYLD scores higher

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

CONY 49.2RYLD 65.79.1, 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
RYLD3.1 pts behind IWM · 1 year to Sep 11, 2026
IWM+21.2%RYLD+18.1%12.3% as cash3.1 pts behind IWMTotal return, distributions reinvestedIWM+21.2%RYLD+18.1%3.1 pts behind IWM

What they hold in common

By the books each fund has filed, CONY and RYLD 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 RYLD
TREASURY BILL 37.96%GLOBAL X RUSSELL 2000 ETF 99.96%
TREASURY BILL 25.76%CASH 0.04%
TREASURY BILL 25.29%
TREASURY BILL 7.55%
TREASURY BILL 3.44%

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 11, 2026.

Performance, window by window

CONY and RYLD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
CONYRYLDCONYRYLDCONYRYLD
3 months+10.8%+3.9%16.9%3.1%+1.2 pts+5.1 pts
6 months−4.2%+13.1%30.2%6.3%+6.2 pts−4.5 pts
1 year−41.0%+18.1%40.0%12.3%+4.9 pts−3.1 pts
3 years+30.7%+30.9%162.8%32.7%−84.8 pts−31.7 pts
Since launch+37.6%+51.9%171.5%67.2%−83.7 pts−51.8 pts
Open the live comparison on ETFIQ
CONY and RYLD 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
RYLD
Global X Russell 2000 Covered Call ETF
Covered call on IWM, paying monthly
IssuerYieldMaxGlobal X
Strategysynthetic covered callcovered call
BenchmarkCoinbase (COIN)Russell 2000 (IWM)
Paysweeklymonthly
Payout rate, annualized91.0%12.4%
Expense ratio1.04%0.60%
Cash paid, 1 year40.0%12.3%
Price change, 1 year−72.9%+4.7%
Total return, 1 year−41.0%+18.1%
Benchmark return, 1 year−45.9%+21.2%
Ahead or behind+4.9 pts−3.1 pts
Return of capital, latest estimate59%100%
Age1123 days2699 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).

RYLD in plain words

Over the year to Sep 11, 2026, RYLD paid 12.3% of its starting value in cash distributions while its price rose 4.7%. With every distribution reinvested, the fund returned +18.1%. Russell 2000 (IWM) returned +21.2% 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 12.4%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 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 RYLD?
Over the year to Sep 11, 2026, CONY paid 40.0% of its starting price in cash and RYLD paid 12.3%, 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 RYLD?
With every distribution reinvested, CONY returned −41.0% and RYLD returned +18.1% over the year to Sep 11, 2026, so RYLD returned more.
Which is cheaper, CONY or RYLD?
CONY charges 1.04% a year and RYLD charges 0.60%, so RYLD 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 RYLD, 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 RYLD, data as of Sep 11, 2026. https://etfiq.com/compare/income/cony-vs-ryld Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources