HIYY vs HMYY: which paid, and which earned it?

HIYY and HMYY both write options for income. YieldMax(R) HIMS Option Income Strategy ETF and GraniteShares YieldBOOST HIMS ETF.

35.1%

HIYY cash paid, 1 year

36.1%

HMYY cash paid, since launch

−42.8%

HIYY total return, 1 year

−50.2%

HMYY total return, since launch

HIYY · 1 year to Sep 30, 20264.7 pts ahead of HIMS

HIYY

−42.8%

HIMS

−47.5%

4.7 pts ahead of HIMS

HIYY over 1 year: paid 35.1%, price −75.6%, total −42.8%, HIMS −47.5%, +4.7 pts.

HIMS

−47.5%

HIYY

−42.8%

4.7 pts ahead of HIMS

Total return, distributions reinvested

4.7 pts ahead of HIMS

HIYY over 1 year: paid 35.1%, price −75.6%, total −42.8%, HIMS −47.5%, +4.7 pts.

HIMS

−47.5%

HIYY

−42.8%

4.7 pts ahead of HIMS

35.1% of it arrived as cash. Total return, distributions reinvested. HIYY over 1 year: paid 35.1%, price −75.6%, total −42.8%, HIMS −47.5%, +4.7 pts.

HMYY · since launch to Sep 30, 202632.3 pts behind HIMS

HMYY

−50.2%

HIMS

−18.0%

32.3 pts behind HIMS

HMYY since launch: paid 36.1%, price −77.6%, total −50.2%, HIMS −18.0%, −32.3 pts.

HIMS

−18.0%

HMYY

−50.2%

32.3 pts behind HIMS

Total return, distributions reinvested

32.3 pts behind HIMS

HMYY since launch: paid 36.1%, price −77.6%, total −50.2%, HIMS −18.0%, −32.3 pts.

HIMS

−18.0%

HMYY

−50.2%

32.3 pts behind HIMS

36.1% of it arrived as cash. Both charts share one scale, 0 to −18.0%. HMYY since launch: paid 36.1%, price −77.6%, total −50.2%, HIMS −18.0%, −32.3 pts.

What they hold in common

By the books each fund has filed, HIYY and HMYY hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 1, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding HIYY HMYY

Only in HIYY

United States Treasury Note/Bond 2.375% 05/15/2027 37.45%

United States Treasury Bill 07/08/2027 32.12%

HIMS 11/20/2026 27.01 C 17.76%

United States Treasury Bill 02/18/2027 15.75%

United States Treasury Bill 12/10/2026 5.93%

HIMS US 10/02/26 C31 1.03%

First American Government Obligations Fund 12/01/2031 0.22%

HIMS US 10/02/26 C29.5 -2.94%

Only in HMYY

Treasury Bill 60.23%

Treasury Bill 39.77%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	HIYY	HMYY	HIYY	HMYY	HIYY	HMYY
3 months	−16.4%	−5.7%	17.2%	17.0%	+4.3 pts	+15.0 pts
6 months	+37.3%	+5.9%	48.6%	34.5%	−12.8 pts	−44.3 pts
1 year	−42.8%	not published	35.1%	not published	+4.7 pts	not published
Since launch HIYY Sep 2025 · HMYY Dec 2025	−42.4%	−50.2%	35.4%	36.1%	+4.4 pts	−32.3 pts

HIYY and HMYY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

HIYY

YieldMax(R) HIMS Option Income Strategy ETF · Synthetic covered call on HIMS, paying weekly

HMYY

GraniteShares YieldBOOST HIMS ETF · Synthetic covered call on HIMS, paying weekly

Issuer YieldMax GraniteShares

Strategy synthetic covered call synthetic covered call

Benchmark (HIMS) (HIMS)

Pays weekly weekly

Payout rate, annualized 67.4% 78.0%

Expense ratio not published 1.07%

Cash paid, 1 year 35.1% 36.1% (since launch on Dec 2, 2025)

Price change, 1 year −75.6% −77.6%

Total return, 1 year −42.8% −50.2% (since launch on Dec 2, 2025)

Benchmark return, 1 year −47.5% −18.0%

Ahead or behind +4.7 pts −32.3 pts

Return of capital, latest estimate 96% 97%

Age 372 days 302 days

Net assets $13m $765,076

HIYY and HMYY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

HIYY in plain words

Over the year to Sep 30, 2026, HIYY paid 35.1% of its starting value in cash distributions while its price fell 75.6%. With every distribution reinvested, the fund returned −42.8%. (HIMS) returned −47.5% over the same days, so a holder was ahead by 4.7 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 67.4%, paid weekly. YieldMax estimates that 96% of the distribution paid Oct 2, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

HMYY in plain words

Over the period since launch on Dec 2, 2025 to Sep 30, 2026, HMYY paid 36.1% of its starting value in cash distributions while its price fell 77.6%. With every distribution reinvested, the fund returned −50.2%. (HIMS) returned −18.0% over the same days, so a holder was behind by 32.2 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 78.0%, paid weekly. GraniteShares estimates that 97% of the distribution paid Sep 1, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Other comparisons

HIYY on its own →HMYY on its own →How every figure is computed →Standards and sources →

Where these figures came from

HIYY filings on SEC EDGAR ↗HIYY 19a-1 distribution notice ↗YieldMax page for HIYY ↗HMYY filings on SEC EDGAR ↗HMYY prospectus with the expense ratio (SEC) ↗HMYY 19a-1 distribution notice ↗GraniteShares page for HMYY ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, HIYY against HMYY, data as of Sep 30, 2026. https://etfiq.com/compare/income/hiyy-vs-hmyy

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.