Data as of Nov 4, 2026.

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Income ETFs

FTHI vs YSPC: Dividend Yield & Total Return

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FTHI and YSPC both write options for income.

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Net assets on Nov 3, 2026: $2.5bn for First Trust BuyWrite Income ETF and $42m for YieldMax SPCX Option Income Strategy ETF.

At a glance
8.9%
FTHI cash paid, 1 year
16.7%
YSPC cash paid, since launch, Jul 15, 2026
+8.1%
FTHI total return, 1 year
−2.1%
YSPC total return, since launch, Jul 15, 2026
FTHI · 1 year to Nov 4, 2026 6.7 pts behind SPY
FTHI
+8.1%
SPY
+14.8%

6.7 pts behind SPY

FTHI over 1 year: paid 8.9%, price −1.2%, total +8.1%, SPY +14.8%, −6.7 pts. Data to Nov 4, 2026.

SPY

+14.8%

FTHI

+8.1%

8.9% of it arrived as cash

6.7 pts behind SPY

Total return, distributions reinvested

6.7 pts behind SPY

FTHI over 1 year: paid 8.9%, price −1.2%, total +8.1%, SPY +14.8%, −6.7 pts. Data to Nov 4, 2026.

SPY

+14.8%

FTHI

+8.1%

6.7 pts behind SPY

8.9% of it arrived as cash. Total return, distributions reinvested. FTHI over 1 year: paid 8.9%, price −1.2%, total +8.1%, SPY +14.8%, −6.7 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
YSPC · since launch to Nov 4, 2026 2.6 pts behind SPCX
YSPC
−2.1%
SPCX
+0.5%

2.6 pts behind SPCX

YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

SPCX

+0.5%

YSPC

−2.1%

2.6 pts behind SPCX

Total return, distributions reinvested

2.6 pts behind SPCX

YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

SPCX

+0.5%

YSPC

−2.1%

2.6 pts behind SPCX

16.7% of it arrived as cash. Both charts share one scale, with zero at the line. YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FTHI costs 0.26 points a year less; FTHI is far larger, $2.5bn against $42m.

Points (pts) are percentage points.

FTHI vs YSPC: Dividend Yield & Total Return
MeasureFTHIYSPC
Paid and earned
Total return, 1 year+8.1%not published
Price changefell 1.2% (1 year)fell 18.2% (since Jul 15, 2026)
Return of capital, issuer estimate92% of the Oct 30, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYSpace Exploration Technologies (SPCX)
Cost and size
Expense ratio0.75%1.01%
Net assets, as of Nov 3, 2026$2.5bn$42m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, FTHI and YSPC hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FTHI YSPC
Only in one fund ↓
Only in FTHI
Apple Inc. 7.86%
NVIDIA Corporation 6.59%
Microsoft Corporation 3.18%
JPMorgan Chase & Co. 2.65%
Amazon.com, Inc. 2.57%
ASML Holding N.V. (New York Registry Shares) 2.06%
Costco Wholesale Corporation 2.04%
Alphabet Inc. (Class A) 1.99%
Only in YSPC
United States Treasury Note/Bond 2.375% 05/15/2027 29.45%
United States Treasury Note/Bond 3.375% 09/15/2027 13.87%
SPCX 11/20/2026 165.01 C 0.32%
SPCX US 11/06/26 C145 0.13%
SPCX US 11/06/26 C146 0.11%
SPCX US 11/06/26 C141 -0.11%
SPCX US 11/06/26 C140 -0.72%
SPCX 11/20/2026 165.01 P -21.73%
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Side by side

FTHI First Trust BuyWrite Income ETF · Covered call on SPY, paying monthly YSPC YieldMax SPCX Option Income Strategy ETF · Synthetic covered call on SPCX, paying weekly
Strategy covered call synthetic covered call
Benchmark S&P 500 (SPY) Space Exploration Technologies (SPCX)
Pays monthly weekly
Payout rate, annualized 9.0% 60.1%
Expense ratio 0.75% 1.01%
Cash paid, 1 year 8.9% 16.7% (since launch, Jul 15, 2026)
Price change, 1 year −1.2% −18.2% (since launch, Jul 15, 2026)
Total return, 1 year +8.1% −2.1% (since launch, Jul 15, 2026)
Benchmark return, 1 year +14.8% +0.5% (since launch, Jul 15, 2026)
Ahead or behind −6.7 pts −2.6 pts (since launch, Jul 15, 2026)
Return of capital, latest estimate 92% not published
Age 12.8 years 112 days
Net assets, as of Nov 3, 2026 $2.5bn $42m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FTHI vs YSPC: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowFTHIYSPCFTHIYSPCFTHIYSPC
3 months−0.5%+11.7%2.2%18.2%−0.3 pts−13.8 pts
6 months+2.5%–4.4%–−2.5 pts–
1 year+8.1%–8.9%–−6.7 pts–
3 years+48.1%–29.7%–−34.8 pts–
Since launchNot the same days: FTHI Jan 2014 · YSPC Jul 2026+155.0%−2.1%84.3%16.7%−262.6 pts−2.5 pts

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About each fund
FTHI

Over the year to Nov 4, 2026, FTHI paid 8.9% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +8.1%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 6.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.0%, paid monthly. First Trust estimates that 92% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

YSPC

Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, YSPC paid 16.7% of its starting value in cash distributions while its price fell 18.2%. With every distribution reinvested, the fund returned −2.1%. Space Exploration Technologies (SPCX) returned +0.5% over the same days, so a holder was behind by 2.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.1%, paid weekly.

Questions people ask

Which is cheaper, FTHI or YSPC?
FTHI charges 0.75% a year and YSPC charges 1.01%, so FTHI is cheaper. Fees come from each fund's prospectus.
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ETFIQ, FTHI against YSPC, data as of Nov 4, 2026. https://etfiq.com/compare/income/fthi-vs-yspc

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