Data as of .
KIQQ vs ULTY: which paid, and which earned it?
KIQQ and ULTY both write options for income.
What they hold in common
By the books each fund has filed, KIQQ and ULTY hold 19% of their money in the same securities at the same weight.
| Holding | KIQQ | ULTY |
|---|---|---|
| ADVANCED MICRO DEVICES | 4.21% | 5.23% |
| ALPHABET INC-CL A | 3.40% | 4.39% |
| SPACE EXPLORATION TECHN-CL A | 3.07% | 4.11% |
| NVIDIA CORP | 8.90% | 2.36% |
| PALANTIR TECHNOLOGIES INC-A | 1.90% | 4.27% |
| LAM RESEARCH CORP | 1.58% | 4.34% |
| ANALOG DEVICES INC | 0.82% | 4.11% |
| SHOPIFY INC - CLASS A | 0.74% | 3.55% |
| MERCADOLIBRE INC | 0.43% | 4.99% |
| LUMENTUM HOLDINGS INC | 0.37% | 4.75% |
| STRATEGY INC- CL A | 0.23% | 4.66% |
| ASTERA LABS INC | 0.22% | 3.35% |
| Only in KIQQ | Only in ULTY |
|---|---|
| +NDXDBHIO/-FED FUNDS 100.58% | Comfort Systems USA Inc 4.61% |
| APPLE INC 8.20% | Coherent Corp 4.30% |
| MICROSOFT CORP 6.17% | Alibaba Group Holding Ltd 4.07% |
| MICRON TECHNOLOGY INC 5.14% | Robinhood Markets Inc 4.07% |
| AMAZON.COM INC 4.50% | VanEck Gold Miners ETF/USA 4.07% |
| META PLATFORMS INC 3.31% | Figure Technology Solutions Inc 4.02% |
| TESLA INC 3.19% | TransMedics Group Inc 3.48% |
| ALPHABET INC-CL C 3.15% | Caterpillar Inc 3.07% |
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 | |||
|---|---|---|---|---|---|---|
| KIQQ | ULTY | KIQQ | ULTY | KIQQ | ULTY | |
| 3 months | −3.2% | −1.1% | 1.9% | 13.7% | −0.7 pts | −3.3 pts |
| 6 months | +11.9% | +14.0% | 4.5% | 30.1% | −12.3 pts | −4.0 pts |
| 1 year | not published | −7.8% | not published | 44.9% | not published | −24.3 pts |
| Since launch | +6.0% | +10.7% | 5.8% | 86.9% | −9.9 pts | −44.1 pts |
| KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF Buffer with income on QQQ, paying monthly | ULTY YieldMax(R) Ultra Option Income Strategy ETF Synthetic covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | KraneShares | YieldMax |
| Strategy | buffer with income | synthetic covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 6.3% | 59.8% |
| Expense ratio | 0.79% | 1.30% |
| Cash paid, 1 year | 5.8% (since launch on Jan 7, 2026) | 44.9% |
| Price change, 1 year | −0.1% | −54.1% |
| Total return, 1 year | +6.0% (since launch on Jan 7, 2026) | −7.8% |
| Benchmark return, 1 year | +15.9% | +16.6% |
| Ahead or behind | −9.9 pts | −24.3 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 254 days | 932 days |
| Net assets | $3m | $721m |
KIQQ in plain words
Over the period since launch on Jan 7, 2026 to Sep 18, 2026, KIQQ paid 5.8% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +6.0%. Nasdaq-100 (QQQ) returned +15.9% over the same days, so a holder was behind by 9.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, 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 is cheaper, KIQQ or ULTY?
- KIQQ charges 0.79% a year and ULTY charges 1.30%, so KIQQ 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, KIQQ against ULTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/kiqq-vs-ulty Free to use with attribution; the underlying files are at Open data.