Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

DDDD vs XSHP: which paid, and which earned it?

DDDD and XSHP both write options for income.

YieldMax(R) U.S. Stocks Target Double Distribution ETF and Kurv SpaceX (SPAX) Enhanced Income ETF.

1.6%DDDD cash paid, 1 year
7.3%XSHP cash paid, 1 year
+8.7%DDDD total return, 1 year
−13.1%XSHP total return, 1 year
DDDD6.5 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%DDDD+8.7%6.5 pts behind SPYTotal return, distributions reinvestedSPY+15.3%DDDD+8.7%6.5 pts behind SPY
XSHP16.4 pts behind SPY · since launch to Sep 18, 2026
SPY+3.3%XSHP−13.1%16.4 pts behind SPYTotal return, distributions reinvestedSPY+3.3%XSHP−13.1%16.4 pts behind SPY

Performance, window by window

DDDD and XSHP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DDDDXSHPDDDDXSHPDDDDXSHP
3 months+4.9%−11.0%1.6%7.4%+2.6 pts−13.3 pts
6 months+10.5%not published1.7%not published−7.6 ptsnot published
Since launch+8.7%−13.1%1.6%7.3%−6.5 pts−16.4 pts
Open the live comparison on ETFIQ
DDDD and XSHP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DDDD
YieldMax(R) U.S. Stocks Target Double Distribution ETF
Synthetic covered call on SPY
XSHP
Kurv SpaceX (SPAX) Enhanced Income ETF
Covered call on SPY, paying monthly
IssuerYieldMaxKurv
Strategysynthetic covered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as the proxy
Paysnot establishedmonthly
Payout rate, annualized18.4%33.5%
Expense ratio1.01%0.99%
Cash paid, 1 year1.6% (since launch on Mar 12, 2026)7.3% (since launch on Jun 17, 2026)
Price change, 1 year+7.0%−21.8%
Total return, 1 year+8.7% (since launch on Mar 12, 2026)−13.1% (since launch on Jun 17, 2026)
Benchmark return, 1 year+15.3%+3.3%
Ahead or behind−6.5 pts−16.4 pts
Return of capital, latest estimate67%94%
Age190 days93 days
Net assets$7m$7m

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).

XSHP in plain words

Over the period since launch on Jun 17, 2026 to Sep 18, 2026, XSHP paid 7.3% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned −13.1%. S&P 500 (SPY), used as the proxy returned +3.3% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 33.5%, paid monthly. Kurv estimates that 94% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, DDDD or XSHP?
DDDD charges 1.01% a year and XSHP charges 0.99%, so XSHP 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.

DDDD against XSHP, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DDDD against XSHP, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-xshp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources