Data as of .
DDDD vs OEI: which paid, and which earned it?
DDDD and OEI both write options for income.
What they hold in common
By the books each fund has filed, DDDD and OEI hold 11% of their money in the same securities at the same weight.
| Holding | DDDD | OEI |
|---|---|---|
| Chevron Corp | 4.25% | 1.31% |
| Home Depot Inc/The | 3.68% | 1.17% |
| UnitedHealth Group Inc | 3.84% | 1.13% |
| Merck & Co Inc | 4.93% | 1.12% |
| Procter & Gamble Co/The | 4.01% | 1.07% |
| Coca-Cola Co/The | 4.30% | 0.89% |
| Amgen Inc | 4.38% | 0.75% |
| Verizon Communications Inc | 3.96% | 0.68% |
| Abbott Laboratories | 4.53% | 0.66% |
| PepsiCo Inc | 3.50% | 0.66% |
| Texas Instruments Inc | 3.32% | 0.65% |
| QUALCOMM Inc | 2.73% | 0.58% |
| Only in DDDD | Only in OEI |
|---|---|
| ConocoPhillips 4.07% | NVIDIA Corp 8.32% |
| Bristol-Myers Squibb Co 3.27% | Microsoft Corp 5.99% |
| Altria Group Inc 2.94% | Amazon.com Inc 4.56% |
| Automatic Data Processing Inc 2.78% | Apple Inc 4.28% |
| Lockheed Martin Corp 2.74% | Alphabet Inc 3.48% |
| Blackstone Inc 2.35% | Broadcom Inc 3.04% |
| Comcast Corp 2.05% | Alphabet Inc 2.79% |
| EOG Resources Inc 1.95% | Micron Technology Inc 2.57% |
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 Jul 31, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DDDD | OEI | DDDD | OEI | DDDD | OEI | |
| 3 months | +4.9% | +4.8% | 1.6% | 2.3% | +2.6 pts | +2.5 pts |
| 6 months | +10.5% | +12.5% | 1.7% | 4.9% | −7.6 pts | −5.6 pts |
| Since launch | +8.7% | +14.4% | 1.6% | 8.6% | −6.5 pts | −0.9 pts |
| DDDD YieldMax(R) U.S. Stocks Target Double Distribution ETF Synthetic covered call on SPY | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | YieldMax | Core Alternative |
| Strategy | synthetic covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | not established | monthly |
| Payout rate, annualized | 18.4% | 9.2% |
| Expense ratio | 1.01% | 1.02% |
| Cash paid, 1 year | 1.6% (since launch on Mar 12, 2026) | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | +7.0% | +5.2% |
| Total return, 1 year | +8.7% (since launch on Mar 12, 2026) | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +15.3% | +15.3% |
| Ahead or behind | −6.5 pts | −0.9 pts |
| Return of capital, latest estimate | 67% | not published |
| Age | 190 days | 331 days |
| Net assets | $7m | $46m |
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).
OEI in plain words
Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
Questions people ask
- Which is cheaper, DDDD or OEI?
- DDDD charges 1.01% a year and OEI charges 1.02%, so DDDD 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 OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-oei Free to use with attribution; the underlying files are at Open data.