Which paid more, GPTY or MLPD?

Over the year to Nov 4, 2026, GPTY paid 33.1% of its starting price in cash and MLPD paid 14.1%, so GPTY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, GPTY or MLPD?

With every distribution reinvested, GPTY returned +10.0% and MLPD +15.4% over the year to Nov 4, 2026.

Which is cheaper, GPTY or MLPD?

GPTY charges 1.06% a year and MLPD charges 0.60%, so MLPD is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

GPTY vs MLPD: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, GPTY paid 33.1% of its price in cash against MLPD’s 14.1%, though MLPD returned more with it reinvested.

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Net assets: $125m on Nov 3, 2026 for YieldMax AI & Tech Portfolio Option Income ETF, and $26m on Oct 12, 2026 for Global X MLP & Energy Infrastructure Covered Call ETF.

GPTY on its own →MLPD on its own →

At a glance

33.1%

GPTY cash paid, 1 year

14.1%

MLPD cash paid, 1 year

+10.0%

GPTY total return, 1 year

+15.4%

MLPD total return, 1 year

GPTY · 1 year to Nov 4, 2026 4.8 pts behind SPY

GPTY

+10.0%

SPY

+14.8%

4.8 pts behind SPY

GPTY over 1 year: paid 33.1%, price −23.9%, total +10.0%, SPY +14.8%, −4.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPTY

+10.0%

33.1% of it arrived as cash

4.8 pts behind SPY

Total return, distributions reinvested

4.8 pts behind SPY

GPTY over 1 year: paid 33.1%, price −23.9%, total +10.0%, SPY +14.8%, −4.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPTY

+10.0%

33.1% cash

4.8 pts behind SPY

33.1% of it arrived as cash. Total return, distributions reinvested. GPTY over 1 year: paid 33.1%, price −23.9%, total +10.0%, SPY +14.8%, −4.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

MLPD · 1 year to Nov 4, 2026 Not measured

MLPD

+15.4%

none

Not measured

MLPD over 1 year: paid 14.1%, price +0.6%, total +15.4%, not measured against a benchmark. Data to Nov 4, 2026.

MLPD

+15.4%

14.1% of it arrived as cash

Total return, distributions reinvested

Not measured

MLPD over 1 year: paid 14.1%, price +0.6%, total +15.4%, not measured against a benchmark. Data to Nov 4, 2026.

MLPD

+15.4%

14.1% as cash

14.1% of it arrived as cash. Both charts share one scale, with zero at the line. MLPD over 1 year: paid 14.1%, price +0.6%, total +15.4%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

MLPD costs 0.46 points a year less; their one-year returns differ by 5.4 points; GPTY is 5.2 times larger.

Points (pts) are percentage points.

GPTY vs MLPD: Dividend Yield & Total Return
Measure	GPTY	MLPD
Paid and earned
Measure	GPTY	MLPD
Total return, 1 year	+10.0%	+15.4%
Price change, 1 year	fell 23.9%	rose 0.6%
Return of capital, issuer estimate	49% of the Nov 5, 2026 payment	100% of the Sep 24, 2026 payment
Against its benchmark
Measure	GPTY	MLPD
Benchmark	S&P 500, measured through SPY	not published
Cost and size
Measure	GPTY	MLPD
Expense ratio	1.06%	0.60%
Net assets, as of Oct 12, 2026	$136m	$26m
Holdings
Measure	GPTY	MLPD
Holdings in common	0%

Method

What they share

By the books each fund has filed, GPTY and MLPD hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GPTY MLPD

Only in one fund ↓

Only in GPTY

Microsoft Corp 7.99%

Apple Inc 7.87%

NVIDIA Corp 7.06%

Amazon.com Inc 6.85%

Alphabet Inc 6.50%

Taiwan Semiconductor Manufacturing Co Ltd 5.79%

Space Exploration Technologies Corp 5.57%

Meta Platforms Inc 5.40%

Only in MLPD

Global X MLP & Energy Infrastructure ETF 101.03%

Check overlap with more funds →

Side by side

GPTY YieldMax AI & Tech Portfolio Option Income ETF · Synthetic covered call on SPY, paying weekly MLPD Global X MLP & Energy Infrastructure Covered Call ETF · Covered call, paying monthly

Issuer YieldMax Global X

Strategy synthetic covered call covered call

Benchmark S&P 500 (SPY) none

Pays weekly monthly

Payout rate, annualized 35.2% 12.2%

Expense ratio 1.06% 0.60%

Cash paid, 1 year 33.1% 14.1%

Price change, 1 year −23.9% +0.6%

Total return, 1 year +10.0% +15.4%

Benchmark return, 1 year +14.8% not published

Ahead or behind −4.8 pts not available

Return of capital, latest estimate 49% 100%

Age 1.8 years 2.5 years

Net assets, GPTY as of Nov 3, 2026 and MLPD as of Oct 12, 2026 $125m $26m

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: GPTY vs MLPD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	GPTY	MLPD	GPTY	MLPD	GPTY	MLPD
3 months	−7.1%	+3.6%	8.7%	3.1%	−7.0 pts	not measured
6 months	−4.6%	+3.4%	17.6%	6.0%	−9.6 pts	not measured
1 year	+10.0%	+15.4%	33.1%	14.1%	−4.8 pts	not measured
Since launchNot the same days: GPTY Jan 2025 · MLPD May 2024	+35.3%	+32.7%	54.9%	30.2%	+7.1 pts	not measured

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Alert

About each fund

GPTY

Over the year to Nov 4, 2026, GPTY paid 33.1% of its starting value in cash distributions while its price fell 23.9%. With every distribution reinvested, the fund returned +10.0%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 35.2%, paid weekly. YieldMax estimates that 49% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

MLPD

Over the year to Nov 4, 2026, MLPD paid 14.1% of its starting value in cash distributions while its price rose 0.6%. With every distribution reinvested, the fund returned +15.4%. At its price on Nov 4, 2026 the latest distribution annualizes to 12.2%, paid monthly. Global X estimates that 100% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, GPTY or MLPD?: Over the year to Nov 4, 2026, GPTY paid 33.1% of its starting price in cash and MLPD paid 14.1%, so GPTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, GPTY or MLPD?: With every distribution reinvested, GPTY returned +10.0% and MLPD +15.4% over the year to Nov 4, 2026.
Which is cheaper, GPTY or MLPD?: GPTY charges 1.06% a year and MLPD charges 0.60%, so MLPD is cheaper. Fees come from each fund's prospectus.

Other comparisons

GPTY vs HAKY GPTY vs XLCI GPTY vs MDST GPTY vs TECY MLPD vs SOXY MLPD vs CHPY MLPD vs WEEI MLPD vs USOY

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →GPTY on its own →MLPD on its own →GPTY dividend history →GPTY holdings →MLPD dividend history →MLPD holdings →Method →Standards and sources →

Sources and dates

GPTY filings on SEC EDGAR ↗

GPTY prospectus with the expense ratio (SEC) ↗

GPTY 19a-1 distribution notice ↗

YieldMax page for GPTY ↗

MLPD filings on SEC EDGAR ↗

MLPD prospectus with the expense ratio (SEC) ↗

MLPD 19a-1 distribution notice ↗

Global X page for MLPD ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, GPTY against MLPD, data as of Nov 4, 2026. https://etfiq.com/compare/income/gpty-vs-mlpd

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.