Data as of .
FGSI vs ULTY: which paid, and which earned it?
Over the year ULTY paid 44.9% of its price in cash against FGSI’s 8.1%, though FGSI returned more with it reinvested.
ETFIQ Return Stability Score: FGSI 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, FGSI and ULTY hold 7% of their money in the same securities at the same weight.
| Holding | FGSI | ULTY |
|---|---|---|
| Palantir Technologies Inc. (Class A) | 2.63% | 4.27% |
| NVIDIA Corporation | 2.15% | 2.36% |
| Comfort Systems USA, Inc. | 1.95% | 4.61% |
| Only in FGSI | Only in ULTY |
|---|---|
| Newmont Corporation 2.70% | Advanced Micro Devices Inc 5.23% |
| Marvell Technology, Inc. 2.53% | MercadoLibre Inc 4.99% |
| Microsoft Corporation 2.45% | Lumentum Holdings Inc 4.75% |
| Arista Networks, Inc. 2.32% | Strategy Inc 4.66% |
| DexCom, Inc. 2.28% | Alphabet Inc 4.39% |
| Intuitive Surgical, Inc. 2.22% | Lam Research Corp 4.34% |
| Target Corporation 2.22% | Coherent Corp 4.30% |
| CME Group Inc. 2.21% | Analog Devices Inc 4.11% |
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 18, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FGSI | ULTY | FGSI | ULTY | FGSI | ULTY | |
| 3 months | +2.4% | −1.1% | 2.1% | 13.7% | +0.2 pts | −3.3 pts |
| 6 months | +10.0% | +14.0% | 4.4% | 30.1% | −8.0 pts | −4.0 pts |
| 1 year | +5.3% | −7.8% | 8.1% | 44.9% | −11.3 pts | −24.3 pts |
| Since launch | +11.9% | +10.7% | 9.8% | 86.9% | −14.3 pts | −44.1 pts |
| FGSI FT Vest Growth Strength & Target Income ETF Option income on SPY, 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 | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 8.6% | 59.8% |
| Expense ratio | 0.85% | 1.30% |
| Cash paid, 1 year | 8.1% | 44.9% |
| Price change, 1 year | −3.2% | −54.1% |
| Total return, 1 year | +5.3% | −7.8% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −11.3 pts | −24.3 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 449 days | 932 days |
| Net assets | $2m | $721m |
FGSI in plain words
Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned +5.3%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, 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, FGSI or ULTY?
- Over the year to Sep 18, 2026, FGSI paid 8.1% 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, FGSI or ULTY?
- With every distribution reinvested, FGSI returned +5.3% and ULTY returned −7.8% over the year to Sep 18, 2026, so FGSI returned more.
- Which is cheaper, FGSI or ULTY?
- FGSI charges 0.85% a year and ULTY charges 1.30%, so FGSI 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, FGSI against ULTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/fgsi-vs-ulty Free to use with attribution; the underlying files are at Open data.