Data as of Nov 4, 2026.
KIQQ vs ULTY: Dividend Yield & Total Return
KIQQ and ULTY both write options for income.
askIQ about this page
askIQ about KIQQ and ULTY
Net assets: $2.4m on Nov 4, 2026 for KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF, and $576m on Nov 3, 2026 for YieldMax Ultra Option Income Strategy ETF.
10.4 pts behind QQQ
KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 pts. Data to Nov 4, 2026.
QQQ
+11.3%
KIQQ
+0.9%
10.4 pts behind QQQ
Total return, distributions reinvested
10.4 pts behind QQQ
KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 pts. Data to Nov 4, 2026.
QQQ
+11.3%
KIQQ
+0.9%
10.4 pts behind QQQ
6.9% of it arrived as cash. Total return, distributions reinvested. KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.4.4 pts ahead of its own holdings
ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
its own holdings
−16.8%
ULTY
−12.4%
4.4 pts ahead of its own holdings
Total return, distributions reinvested
4.4 pts ahead of its own holdings
ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
its own holdings
−16.8%
ULTY
−12.4%
46.0% of it arrived as cash. Both charts share one scale, with zero at the line. ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
KIQQ costs 0.51 points a year less; ULTY is far larger, $576m against $2.3m.
Points (pts) are percentage points.
| Measure | KIQQ | ULTY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | −12.4% |
| Price change | fell 6.0% (since Jan 7, 2026) | fell 55.5% (1 year) |
| Return of capital, issuer estimate | 99% of the Sep 30, 2026 payment | 100% of the Nov 5, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | its own holdings |
| Cost and size | ||
| Expense ratio | 0.79% | 1.30% |
| Net assets, as of Nov 3, 2026 | $2.3m | $576m |
| Holdings | ||
| Holdings in common | 24% | |
What they share
By the books each fund has filed, KIQQ and ULTY hold 24% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.
half
24% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | KIQQ | ULTY | KIQQ | ULTY | KIQQ | ULTY |
| 3 months | −3.7% | −8.3% | 1.7% | 14.3% | −0.2 pts | +3.4 pts |
| 6 months | −4.4% | −9.9% | 3.7% | 26.6% | −4.0 pts | +1.6 pts |
| 1 year | – | −12.4% | – | 46.0% | – | +4.4 pts |
| Since launchNot the same days: KIQQ Jan 2026 · ULTY Feb 2024 | +0.9% | −1.9% | 6.9% | 87.9% | −10.4 pts | not measured |
– means no data for this window. Open this comparison in the app →
KIQQ
Over the period from its first trade on Jan 7, 2026 to Nov 4, 2026, KIQQ paid 6.9% of its starting value in cash distributions while its price fell 6.0%. With every distribution reinvested, the fund returned +0.9%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was behind by 10.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.5%, paid monthly. KraneShares estimates that 99% of the distribution paid Sep 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
ULTY
Over the year to Nov 4, 2026, ULTY paid 46.0% of its starting value in cash distributions while its price fell 55.5%. With every distribution reinvested, the fund returned −12.4%. ULTY's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026) returned −16.8% over the same days, so a holder was ahead by 4.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.9%, paid weekly. YieldMax estimates that 100% of the distribution paid Nov 5, 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
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, KIQQ against ULTY, data as of Nov 4, 2026. https://etfiq.com/compare/income/kiqq-vs-ulty
ETFIQ. (Nov 4, 2026). KIQQ against ULTY. Retrieved from https://etfiq.com/compare/income/kiqq-vs-ulty
[KIQQ against ULTY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/kiqq-vs-ulty)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.