Data as of .
DDDD vs ISPY: which paid, and which earned it?
DDDD and ISPY both write options for income.
What they hold in common
By the books each fund has filed, DDDD and ISPY hold 7% of their money in the same securities at the same weight.
| Holding | DDDD | ISPY |
|---|---|---|
| UnitedHealth Group Inc | 3.84% | 0.47% |
| Chevron Corp | 4.25% | 0.47% |
| Procter & Gamble Co/The | 4.01% | 0.46% |
| Home Depot Inc/The | 3.68% | 0.43% |
| Coca-Cola Co/The | 4.30% | 0.42% |
| Merck & Co Inc | 4.93% | 0.41% |
| Texas Instruments Inc | 3.32% | 0.38% |
| QUALCOMM Inc | 2.73% | 0.37% |
| Verizon Communications Inc | 3.96% | 0.28% |
| PepsiCo Inc | 3.50% | 0.27% |
| Amgen Inc | 4.38% | 0.25% |
| Abbott Laboratories | 4.53% | 0.20% |
| Only in DDDD | Only in ISPY |
|---|---|
| First American Government Obligations Fund 12/01/2031 1.65% | ProShares GENIUS Money Market ETF 10.56% |
| East West Bancorp Inc 0.44% | NVIDIA Corp. 7.07% |
| HF Sinclair Corp 0.44% | Apple, Inc. 6.31% |
| Fidelity National Financial Inc 0.27% | Microsoft Corp. 4.60% |
| Watsco Inc 0.27% | Amazon.com, Inc. 3.64% |
| American Financial Group Inc/OH 0.24% | Alphabet, Inc. 3.05% |
| Booz Allen Hamilton Holding Corp 0.23% | Broadcom, Inc. 2.92% |
| Columbia Banking System Inc 0.22% | 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 May 31, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DDDD | ISPY | DDDD | ISPY | DDDD | ISPY | |
| 3 months | +4.9% | +1.4% | 1.6% | 1.5% | +2.6 pts | −0.8 pts |
| 6 months | +10.5% | +14.7% | 1.7% | 3.6% | −7.6 pts | −3.3 pts |
| 1 year | not published | +13.5% | not published | 5.6% | not published | −3.1 pts |
| Since launch | +8.7% | +53.4% | 1.6% | 25.8% | −6.5 pts | −14.5 pts |
| DDDD YieldMax(R) U.S. Stocks Target Double Distribution ETF Synthetic covered call on SPY | ISPY ProShares S&P 500 High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | YieldMax | ProShares |
| Strategy | synthetic covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | not established | monthly |
| Payout rate, annualized | 18.4% | 5.8% |
| Expense ratio | 1.01% | 0.56% |
| Cash paid, 1 year | 1.6% (since launch on Mar 12, 2026) | 5.6% |
| Price change, 1 year | +7.0% | +7.6% |
| Total return, 1 year | +8.7% (since launch on Mar 12, 2026) | +13.5% |
| Benchmark return, 1 year | +15.3% | +16.6% |
| Ahead or behind | −6.5 pts | −3.1 pts |
| Return of capital, latest estimate | 67% | not published |
| Age | 190 days | 1003 days |
| Net assets | $7m | $1.2bn |
DDDD in plain words
Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 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 18, 2026, ISPY paid 5.6% of its starting value in cash distributions while its price rose 7.6%. With every distribution reinvested, the fund returned +13.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.8%, paid monthly.
Questions people ask
- Which is cheaper, DDDD or ISPY?
- DDDD charges 1.01% 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.
Cite this page. ETFIQ, DDDD against ISPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-ispy Free to use with attribution; the underlying files are at Open data.