Data as of .
DDDD vs TSPY: which paid, and which earned it?
DDDD and TSPY both write options for income.
What they hold in common
By the books each fund has filed, DDDD and TSPY hold 0% of their money in the same securities at the same weight.
| Only in DDDD | Only in TSPY |
|---|---|
| Merck & Co Inc 4.93% | Vanguard S&P 500 ETF 100.00% |
| Abbott Laboratories 4.53% | |
| Amgen Inc 4.38% | |
| Coca-Cola Co/The 4.30% | |
| Chevron Corp 4.25% | |
| ConocoPhillips 4.07% | |
| Procter & Gamble Co/The 4.01% | |
| Verizon Communications Inc 3.96% |
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 Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DDDD | TSPY | DDDD | TSPY | DDDD | TSPY | |
| 3 months | +4.9% | +2.3% | 1.6% | 3.5% | +2.6 pts | 0.0 pts |
| 6 months | +10.5% | +16.4% | 1.7% | 7.6% | −7.6 pts | −1.6 pts |
| 1 year | not published | +15.1% | not published | 14.1% | not published | −1.5 pts |
| Since launch | +8.7% | +37.3% | 1.6% | 28.7% | −6.5 pts | −4.0 pts |
| DDDD YieldMax(R) U.S. Stocks Target Double Distribution ETF Synthetic covered call on SPY | TSPY TappAlpha S&P 500 Growth & Daily Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | YieldMax | TappAlpha |
| Strategy | synthetic covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | not established | monthly |
| Payout rate, annualized | 18.4% | 14.0% |
| Expense ratio | 1.01% | 0.77% |
| Cash paid, 1 year | 1.6% (since launch on Mar 12, 2026) | 14.1% |
| Price change, 1 year | +7.0% | −0.1% |
| Total return, 1 year | +8.7% (since launch on Mar 12, 2026) | +15.1% |
| Benchmark return, 1 year | +15.3% | +16.6% |
| Ahead or behind | −6.5 pts | −1.5 pts |
| Return of capital, latest estimate | 67% | not published |
| Age | 190 days | 764 days |
| Net assets | $7m | $311m |
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).
TSPY in plain words
Over the year to Sep 18, 2026, TSPY paid 14.1% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +15.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.0%, paid monthly.
Questions people ask
- Which is cheaper, DDDD or TSPY?
- DDDD charges 1.01% a year and TSPY charges 0.77%, so TSPY 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 TSPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-tspy Free to use with attribution; the underlying files are at Open data.