Data as of Nov 12, 2026.

Share
Share on XDownload as PDF
vsOpen in the appaskIQ about these two fundsAsk the committee about these two funds

MPIM vs WDTE: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
+8.5 pts
3 months to Nov 12, 2026: WDTE ahead, total return
Fee gap
0.33 pts
A year: MPIM 0.70%, WDTE 1.03%, per filings dated Dec 17, 2025 and Aug 7, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

MPIM costs 0.33 points a year less.

Points (pts) are percentage points.

MPIM vs WDTE: Dividend Yield & Total Return
MeasureMPIMWDTE
Paid and earned
Total return, 1 yearnot published+12.3%
Price changefell 12.8% (since Aug 12, 2026)fell 17.6% (1 year)
Against its benchmark
Benchmarknot publishedS&P 500, measured through SPY
Cost and size
Expense ratio0.70%1.03%
Net assetsnot read by ETFIQ$69m
Holdings
Holdings in commonnot published

Method

Key numbers
3.0%
MPIM cash paid, since launch, Aug 12, 2026
28.3%
WDTE cash paid, 1 year
−10.0%
MPIM total return, since launch, Aug 12, 2026
+12.3%
WDTE total return, 1 year
MPIM · since launch to Nov 12, 2026 Not measured
MPIM
−10.0%
none

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.
WDTE · 1 year to Nov 12, 2026 About even with SPY
WDTE
+12.3%
SPY
+12.0%

About even with SPY

WDTE over 1 year: paid 28.3%, price −17.6%, total +12.3%, SPY +12.0%, +0.3 pts. Data to Nov 12, 2026.

SPY

+12.0%

WDTE

+12.3%

28.3% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

WDTE over 1 year: paid 28.3%, price −17.6%, total +12.3%, SPY +12.0%, +0.3 pts. Data to Nov 12, 2026.

SPY

+12.0%

WDTE

+12.3%

28.3% cash

about even with SPY

28.3% of it arrived as cash. Both charts share one scale, with zero at the line. WDTE over 1 year: paid 28.3%, price −17.6%, total +12.3%, SPY +12.0%, +0.3 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

MPIM m+ Income Momentum Autocall ETF · Autocallable WDTE Defiance S&P 500 Weekly Distribution ETF · Option income on SPY, paying weekly
Issuer m+ Defiance
Strategy autocallable option income
Benchmark not set S&P 500 (SPY)
Pays not established weekly
Payout rate, annualized 17.0% 29.3%
Expense ratio 0.70% 1.03%
Cash paid, 1 year 3.0% (since launch, Aug 12, 2026) 28.3%
Price change, 1 year −12.8% (since launch, Aug 12, 2026) −17.6%
Total return, 1 year −10.0% (since launch, Aug 12, 2026) +12.3%
Benchmark return, 1 year not published +12.0%
Ahead or behind not available +0.3 pts
Return of capital, latest estimate not published 100%
Age 92 days 3.1 years
Net assets not read by ETFIQ $69m

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

Window by window: MPIM vs WDTE: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowMPIMWDTEMPIMWDTEMPIMWDTE
3 months−10.6%−2.1%3.0%7.2%not measured+0.3 pts
6 months–+1.5%–14.1%–−0.2 pts
1 year–+12.3%–28.3%–+0.3 pts
3 years–+48.1%–78.5%–−30.2 pts
Since launchNot the same days: MPIM Aug 2026 · WDTE Sep 2023−10.0%+47.5%3.0%80.0%not measured−29.8 pts

– means no data for this window. Open this comparison in the app →

Alert

WDTE flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
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.

WDTE

Over the year to Nov 12, 2026, WDTE paid 28.3% of its starting value in cash distributions while its price fell 17.6%. With every distribution reinvested, the fund returned +12.3%. S&P 500 (SPY) returned +12.0% over the same days, so a holder was about even. At its price on Nov 12, 2026 the latest distribution annualizes to 29.3%, paid weekly. Defiance estimates that 100% of the distribution paid Nov 6, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, MPIM or WDTE?
MPIM charges 0.70% a year and WDTE charges 1.03%, so MPIM is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, MPIM against WDTE, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-wdte

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

MPIM and WDTE both write options for income.

Growth of 100

MPIM and WDTE

Total return, distributions reinvested, 3 months.

MPIM −10.6%WDTE −2.1%
Aug 13, 2026Nov 12, 2026

MPIM −10.6%, WDTE −2.1%: WDTE +8.5 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.