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Data as of .

DRKY vs ULTY: which paid, and which earned it?

DRKY and ULTY both write options for income.

VistaShares Target 15 DRUKMacro Distribution ETF and YieldMax(R) Ultra Option Income Strategy ETF.

14.1%DRKY cash paid, 1 year
44.9%ULTY cash paid, 1 year
+24.1%DRKY total return, 1 year
−7.8%ULTY total return, 1 year
DRKY9.7 pts ahead of SPY · since launch to Sep 18, 2026
SPY+14.4%DRKY+24.1%14.1% of it arrived as cash9.7 pts ahead of SPYTotal return, distributions reinvestedSPY+14.4%DRKY+24.1%9.7 pts ahead of SPY
ULTY24.3 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%ULTY−7.8%24.3 pts behind SPYTotal return, distributions reinvestedSPY+16.6%ULTY−7.8%24.3 pts behind SPY

What they hold in common

By the books each fund has filed, DRKY and ULTY hold 4% of their money in the same securities at the same weight.

Positions DRKY and ULTY both hold, largest shared weight first
HoldingDRKYULTY
Alphabet Inc4.45%4.39%
Only in each
Only in DRKYOnly in ULTY
Natera Inc 25.22%Advanced Micro Devices Inc 5.23%
Taiwan Semiconductor Manufacturing Co Ltd 9.17%MercadoLibre Inc 4.99%
STMicroelectronics NV 7.49%Lumentum Holdings Inc 4.75%
YPF SA 4.78%Strategy Inc 4.66%
Insmed Inc 4.62%Comfort Systems USA Inc 4.61%
Seagate Technology Holdings PLC 4.52%Lam Research Corp 4.34%
Amazon.com Inc 4.42%Coherent Corp 4.30%
BBB Foods Inc 4.29%Palantir Technologies Inc 4.27%

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 Sep 21, 2026.

Performance, window by window

DRKY and ULTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DRKYULTYDRKYULTYDRKYULTY
3 months+11.8%−1.1%3.8%13.7%+9.6 pts−3.3 pts
6 months+25.1%+14.0%8.1%30.1%+7.1 pts−4.0 pts
1 yearnot published−7.8%not published44.9%not published−24.3 pts
Since launch+24.1%+10.7%14.1%86.9%+9.7 pts−44.1 pts
Open the live comparison on ETFIQ
DRKY and ULTY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DRKY
VistaShares Target 15 DRUKMacro Distribution ETF
Covered call on SPY, paying monthly
ULTY
YieldMax(R) Ultra Option Income Strategy ETF
Synthetic covered call on SPY, paying weekly
IssuerVistaSharesYieldMax
Strategycovered callsynthetic covered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY), used as a default proxy
Paysmonthlyweekly
Payout rate, annualized14.8%59.8%
Expense ratio0.95%1.30%
Cash paid, 1 year14.1% (since launch on Oct 8, 2025)44.9%
Price change, 1 year+8.1%−54.1%
Total return, 1 year+24.1% (since launch on Oct 8, 2025)−7.8%
Benchmark return, 1 year+14.4%+16.6%
Ahead or behind+9.7 pts−24.3 pts
Return of capital, latest estimatenot published100%
Age345 days932 days
Net assets$19m$721m

DRKY in plain words

Over the period since launch on Oct 8, 2025 to Sep 18, 2026, DRKY paid 14.1% of its starting value in cash distributions while its price rose 8.1%. With every distribution reinvested, the fund returned +24.1%. S&P 500 (SPY), used as a default proxy returned +14.4% over the same days, so a holder was ahead by 9.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.8%, paid monthly.

ULTY in plain words

Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting value in cash distributions while its price fell 54.1%. With every distribution reinvested, the fund returned −7.8%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 24.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 59.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 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, DRKY or ULTY?
DRKY charges 0.95% a year and ULTY charges 1.30%, so DRKY 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.

DRKY against ULTY, 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, DRKY against ULTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/drky-vs-ulty Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources