Data as of Nov 12, 2026.
MPIM vs PAYH: Dividend Yield & Total Return
Return, fees and overlap, side by side.
Pair scorecard
MPIM costs 0.04 points a year less.
Points (pts) are percentage points.
| Measure | MPIM | PAYH |
|---|---|---|
| Paid and earned | ||
| Price change | fell 12.8% (since Aug 12, 2026) | fell 5.7% (since Dec 30, 2025) |
| Return of capital, issuer estimate | 100% of the Oct 2, 2026 payment | |
| Cost and size | ||
| Expense ratio | 0.70% | 0.74% |
| Net assets | not read by ETFIQ | $26m |
| Holdings | ||
| Holdings in common | not published | |
Not measured
MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
MPIM
−10.0%
Total return, distributions reinvested
Not measured
MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
MPIM
−10.0%
3.0% of it arrived as cash. Total return, distributions reinvested. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
Data to Nov 12, 2026.Not measured
PAYH since launch: paid 13.5%, price −5.7%, total +8.5%, not measured against a benchmark. Data to Nov 12, 2026.
PAYH
+8.5%
13.5% of it arrived as cash
Total return, distributions reinvested
Not measured
PAYH since launch: paid 13.5%, price −5.7%, total +8.5%, not measured against a benchmark. Data to Nov 12, 2026.
PAYH
+8.5%
13.5% of it arrived as cash. Both charts share one scale, with zero at the line. PAYH since launch: paid 13.5%, price −5.7%, total +8.5%, not measured against a benchmark. Data to Nov 12, 2026.
Data to Nov 12, 2026.Side by side
As of Nov 12, 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 | MPIM | PAYH | MPIM | PAYH | MPIM | PAYH |
| 3 months | −10.6% | −2.4% | 3.0% | 4.2% | not measured | not measured |
| 6 months | – | −0.1% | – | 8.2% | – | not measured |
| Since launchNot the same days: MPIM Aug 2026 · PAYH Dec 2025 | −10.0% | +8.5% | 3.0% | 13.5% | not measured | not measured |
– means no data for this window. Open this comparison in the app →
MPIM
Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.
PAYH
Over the period from its first trade on Dec 30, 2025 to Nov 12, 2026, PAYH paid 13.5% of its starting value in cash distributions while its price fell 5.7%. With every distribution reinvested, the fund returned +8.5%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.8%, paid monthly. TrueShares estimates that 100% of the distribution paid Oct 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, MPIM against PAYH, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-payh
ETFIQ. (Nov 12, 2026). MPIM against PAYH. Retrieved from https://etfiq.com/compare/income/mpim-vs-payh
[MPIM against PAYH (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/income/mpim-vs-payh)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.
MPIM and PAYH both write options for income.
MPIM and PAYH
Total return, distributions reinvested, 3 months.
MPIM −10.6%, PAYH −2.4%: PAYH +8.2 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.