Data as of Oct 28, 2026.
ISPY vs YMAX: Dividend Yield & Total Return
Over the year to Oct 28, 2026, YMAX paid 36.1% of its price in cash against ISPY’s 5.7%, though ISPY returned more with it reinvested.
askIQ about this page
askIQ about ISPY and YMAX
Net assets: $1.2bn on Oct 28, 2026 for ProShares S&P 500 High Income ETF, and $352m on Oct 27, 2026 for YieldMax Universe Fund of Option Income ETFs.
3.5 pts behind SPY
ISPY over 1 year: paid 5.7%, price +4.0%, total +10.1%, SPY +13.6%, −3.5 pts. Data to Oct 28, 2026.
SPY
+13.6%
ISPY
+10.1%
5.7% of it arrived as cash
3.5 pts behind SPY
Total return, distributions reinvested
3.5 pts behind SPY
ISPY over 1 year: paid 5.7%, price +4.0%, total +10.1%, SPY +13.6%, −3.5 pts. Data to Oct 28, 2026.
SPY
+13.6%
ISPY
+10.1%
3.5 pts behind SPY
5.7% of it arrived as cash. Total return, distributions reinvested. ISPY over 1 year: paid 5.7%, price +4.0%, total +10.1%, SPY +13.6%, −3.5 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.14.9 pts behind its own holdings
YMAX over 1 year: paid 36.1%, price −42.4%, total −4.0%, its own holdings +10.9%, −14.9 pts. Data to Oct 28, 2026.
its own holdings
+10.9%
YMAX
−4.0%
14.9 pts behind its own holdings
Total return, distributions reinvested
14.9 pts behind its own holdings
YMAX over 1 year: paid 36.1%, price −42.4%, total −4.0%, its own holdings +10.9%, −14.9 pts. Data to Oct 28, 2026.
its own holdings
+10.9%
YMAX
−4.0%
14.9 pts behind its own holdings
36.1% of it arrived as cash. Both charts share one scale, with zero at the line. YMAX over 1 year: paid 36.1%, price −42.4%, total −4.0%, its own holdings +10.9%, −14.9 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.Pair scorecard
ISPY costs 0.78 points a year less; their one-year returns differ by 14.1 points; ISPY is 3.4 times larger.
Points (pts) are percentage points.
| Measure | ISPY | YMAX |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +10.1% | −4.0% |
| Price change, 1 year | rose 4.0% | fell 42.4% |
| Return of capital, issuer estimate | 81% of the Oct 7, 2026 payment | 35% of the Oct 29, 2026 payment |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | its own holdings |
| Cost and size | ||
| Expense ratio | 0.55% | 1.33% |
| Net assets, as of Oct 27, 2026 | $1.2bn | $352m |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company. 100 is best. How it is computed
A percentile among the 164 income ETFs not writing on a single company. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Holdings in common uses holdings dated Aug 31, 2026 and Oct 28, 2026. Method
What they share
By the books each fund has filed, ISPY and YMAX hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Oct 28, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | ISPY | YMAX | ISPY | YMAX | ISPY | YMAX |
| 3 months | +4.8% | +10.0% | 1.6% | 10.6% | −1.4 pts | −18.4 pts |
| 6 months | +7.3% | +10.4% | 3.3% | 22.3% | −1.7 pts | −15.1 pts |
| 1 year | +10.1% | −4.0% | 5.7% | 36.1% | −3.5 pts | −14.9 pts |
| Since launchNot the same days: ISPY Dec 2023 · YMAX Jan 2024 | +54.8% | +43.9% | 26.5% | 93.4% | −15.5 pts | not measured |
ISPY and YMAX are built for the same job. How do they differ in cost, holdings and results?
- Income paid. ISPY paid 5.7% and YMAX 36.1% (cash paid over 1 year, as a share of its price at the start), a gap of 30.4 points.
- What each is measured against. ISPY is measured against S&P 500 through SPY and YMAX against its own holdings.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and Oct 28, 2026).
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
ISPY
Over the year to Oct 28, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 4.0%. With every distribution reinvested, the fund returned +10.1%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was behind by 3.5 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 6.3%, paid monthly. ProShares estimates that 81% of the distribution paid Oct 7, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
YMAX
Over the year to Oct 28, 2026, YMAX paid 36.1% of its starting value in cash distributions while its price fell 42.4%. With every distribution reinvested, the fund returned −4.0%. YMAX's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Oct 26, 2026) returned +10.9% over the same days, so a holder was behind by 14.9 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 39.9%, paid weekly. YieldMax estimates that 35% of the distribution paid Oct 29, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
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, ISPY against YMAX, data as of Oct 28, 2026. https://etfiq.com/compare/income/ispy-vs-ymax
ETFIQ. (Oct 28, 2026). ISPY against YMAX. Retrieved from https://etfiq.com/compare/income/ispy-vs-ymax
[ISPY against YMAX (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/income/ispy-vs-ymax)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.