Data as of .
FDND vs ULTY: which paid, and which earned it?
Over the year ULTY paid 44.9% of its price in cash against FDND’s 7.1%, though FDND returned more with it reinvested.
ETFIQ Return Stability Score: FDND scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, FDND and ULTY hold 13% of their money in the same securities at the same weight.
| Holding | FDND | ULTY |
|---|---|---|
| Alphabet Inc. (Class A) | 5.82% | 5.66% |
| Amazon.com, Inc. | 9.98% | 5.16% |
| Ciena Corporation | 1.69% | 4.95% |
| Reddit, Inc. (Class A) | 0.75% | 3.19% |
| Only in FDND | Only in ULTY |
|---|---|
| Meta Platforms, Inc. (Class A) 10.12% | Analog Devices Inc 5.47% |
| Cisco Systems, Inc. 8.66% | Lam Research Corp 4.99% |
| Netflix, Inc. 5.90% | Quanta Services Inc 4.95% |
| Alphabet Inc. (Class C) 4.65% | Lumentum Holdings Inc 4.86% |
| Arista Networks, Inc. 4.62% | NVIDIA Corp 4.80% |
| Salesforce, Inc. 4.36% | IREN Ltd 4.80% |
| Booking Holdings Inc. 4.28% | Strategy Inc 4.65% |
| Oracle Corporation 4.08% | Astera Labs Inc 4.56% |
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 Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FDND | ULTY | FDND | ULTY | FDND | ULTY | |
| 3 months | +8.9% | −1.1% | 2.0% | 13.7% | +8.5 pts | −3.3 pts |
| 6 months | +18.8% | +14.0% | 4.3% | 30.1% | +4.8 pts | −4.0 pts |
| 1 year | −0.6% | −7.8% | 7.1% | 44.9% | −14.1 pts | −24.3 pts |
| Since launch | +34.3% | +10.7% | 20.4% | 86.9% | −0.5 pts | −44.1 pts |
| FDND FT Vest Dow Jones Internet & Target Income ETF Option income on DIA, paying monthly | ULTY YieldMax(R) Ultra Option Income Strategy ETF Synthetic covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | First Trust | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | Dow Jones Industrial Average (DIA) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 7.8% | 59.8% |
| Expense ratio | 0.75% | 1.30% |
| Cash paid, 1 year | 7.1% | 44.9% |
| Price change, 1 year | −8.2% | −54.1% |
| Total return, 1 year | −0.6% | −7.8% |
| Benchmark return, 1 year | +13.5% | +16.6% |
| Ahead or behind | −14.1 pts | −24.3 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 911 days | 932 days |
| Net assets | $10m | $721m |
FDND in plain words
Over the year to Sep 18, 2026, FDND paid 7.1% of its starting value in cash distributions while its price fell 8.2%. With every distribution reinvested, the fund returned −0.6%. Dow Jones Industrial Average (DIA) returned +13.5% over the same days, so a holder was behind by 14.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.8%, 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 paid more, FDND or ULTY?
- Over the year to Sep 18, 2026, FDND paid 7.1% of its starting price in cash and ULTY paid 44.9%, so ULTY paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, FDND or ULTY?
- With every distribution reinvested, FDND returned −0.6% and ULTY returned −7.8% over the year to Sep 18, 2026, so FDND returned more.
- Which is cheaper, FDND or ULTY?
- FDND charges 0.75% a year and ULTY charges 1.30%, so FDND 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, FDND against ULTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/fdnd-vs-ulty Free to use with attribution; the underlying files are at Open data.