Which paid more, MSTY or OARK?

Over the year to Oct 28, 2026, MSTY paid 33.4% of its starting price in cash and OARK paid 32.3%, so MSTY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, MSTY or OARK?

With every distribution reinvested, MSTY returned −43.4% and OARK −2.3% over the year to Oct 28, 2026.

Which is cheaper, MSTY or OARK?

MSTY charges 0.99% a year and OARK charges 1.00%, so MSTY is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Income ETFs

MSTY vs OARK: Dividend Yield & Total Return

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Over the year to Oct 28, 2026, MSTY paid 33.4% of its price in cash against OARK’s 32.3%, though OARK returned more with it reinvested.

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Net assets on Oct 27, 2026: $1.0bn for YieldMax MSTR Option Income Strategy ETF and $40m for YieldMax Innovation Option Income Strategy ETF.

MSTY on its own →OARK on its own →

At a glance

33.4%

MSTY cash paid, 1 year

32.3%

OARK cash paid, 1 year

−43.4%

MSTY total return, 1 year

−2.3%

OARK total return, 1 year

MSTY · 1 year to Oct 28, 2026 5.6 pts ahead of MSTR

MSTY

−43.4%

MSTR

−49.0%

5.6 pts ahead of MSTR

MSTY over 1 year: paid 33.4%, price −75.2%, total −43.4%, MSTR −49.0%, +5.6 pts. Data to Oct 28, 2026.

MSTR

−49.0%

MSTY

−43.4%

5.6 pts ahead of MSTR

Total return, distributions reinvested

5.6 pts ahead of MSTR

MSTY over 1 year: paid 33.4%, price −75.2%, total −43.4%, MSTR −49.0%, +5.6 pts. Data to Oct 28, 2026.

MSTR

−49.0%

MSTY

−43.4%

5.6 pts ahead of MSTR

33.4% of it arrived as cash. Total return, distributions reinvested. MSTY over 1 year: paid 33.4%, price −75.2%, total −43.4%, MSTR −49.0%, +5.6 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

OARK · 1 year to Oct 28, 2026 1.2 pts ahead of ARKK

OARK

−2.3%

ARKK

−3.5%

1.2 pts ahead of ARKK

OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.

ARKK

−3.5%

OARK

−2.3%

1.2 pts ahead of ARKK

Total return, distributions reinvested

1.2 pts ahead of ARKK

OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.

ARKK

−3.5%

OARK

−2.3%

1.2 pts ahead of ARKK

32.3% of it arrived as cash. Both charts share one scale, with zero at the line. OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

MSTY costs 0.01 points a year less; their one-year returns differ by 41.1 points; MSTY is far larger, $1.0bn against $40m.

Points (pts) are percentage points.

MSTY vs OARK: Dividend Yield & Total Return
Measure	MSTY	OARK
Paid and earned
Measure	MSTY	OARK
Total return, 1 year	−43.4%	−2.3%
Price change, 1 year	fell 75.2%	fell 37.0%
Return of capital, issuer estimate	14% of the Oct 30, 2026 payment
Against its benchmark
Measure	MSTY	OARK
Benchmark	MicroStrategy (MSTR)	ARK Innovation ETF, measured through ARKK
Cost and size
Measure	MSTY	OARK
Expense ratio	0.99%	1.00%
Net assets, as of Oct 27, 2026	$1.0bn	$40m
Holdings
Measure	MSTY	OARK
Holdings in common	25%

ETFIQ Distribution Coverage Score · MSTY scores higher How much of what it paid out did its total return cover?

MSTY among the 74 income ETFs writing on a single company

IQ Income Score19.6MSTY16.8OARK

How much of its payouts the fund's total return covered, ranked against 74 income ETFs writing on a single company and 164 income ETFs not writing on a single company. 100 is best. How it is computed

MSTY 19.6

0.7, the lowest in this set 99.3, the highest

OARK among the 164 income ETFs not writing on a single company

OARK 16.8

0.3, the lowest in this set 99.7, the highest

A percentile among the 74 income ETFs writing on a single company. OARK is a percentile among the 164 income ETFs not writing on a single company, a different set, so the two marks are not on one scale. 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 Oct 28, 2026. Method

What they share

25%

By the books each fund has filed, MSTY and OARK hold 25% of their money in the same securities at the same weight. Holdings dated Oct 28, 2026.

50%

0 half 100%

half

25% in common

Positions both hold · largest shared weight first MSTY OARK

United States Treasury Note/Bond 2.375% 05/15/2027 18.81% 24.47%

United States Treasury Note/Bond 3.375% 09/15/2027 5.96% 29.86%

Only in one fund ↓

Only in MSTY

MSTR US 11/20/26 C135 6.30%

MSTR 12/18/2026 150.01 C 4.40%

MSTR US 10/30/26 C157.5 0.19%

MSTR US 10/30/26 C160 0.11%

MSTR US 10/30/26 C162.5 0.10%

MSTR US 10/30/26 C148 -0.03%

MSTR US 10/30/26 C150 -0.19%

MSTR US 10/30/26 C155 -0.23%

Only in OARK

2ARKK US 11/20/26 C85.01 FLX 4.87%

ARKK US 10/30/26 C84.5 1.40%

ARKK US 10/30/26 C85 0.87%

ARKK US 10/30/26 C83 -1.67%

ARKK US 10/30/26 C82.5 -2.39%

2ARKK US 11/20/26 P85.01 FLX -3.41%

Check overlap with more funds →

Side by side

MSTY YieldMax MSTR Option Income Strategy ETF · Synthetic covered call on MSTR, paying weekly OARK YieldMax Innovation Option Income Strategy ETF · Synthetic covered call on ARKK, paying weekly

Issuer YieldMax YieldMax

Strategy synthetic covered call synthetic covered call

Benchmark MicroStrategy (MSTR) ARK Innovation ETF (ARKK)

Pays weekly weekly

Payout rate, annualized 60.3% 27.5%

Expense ratio 0.99% 1.00%

Cash paid, 1 year 33.4% 32.3%

Price change, 1 year −75.2% −37.0%

Total return, 1 year −43.4% −2.3%

Benchmark return, 1 year −49.0% −3.5%

Ahead or behind +5.6 pts +1.2 pts

Return of capital, latest estimate 14% not published

Age 2.7 years 3.9 years

Net assets, as of Oct 27, 2026 $1.0bn $40m

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

Window by window: MSTY vs OARK: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	MSTY	OARK	MSTY	OARK	MSTY	OARK
3 months	+42.2%	+13.7%	25.1%	8.9%	−13.3 pts	−8.3 pts
6 months	−9.7%	+9.8%	28.9%	19.6%	−1.4 pts	−7.3 pts
1 year	−43.4%	−2.3%	33.4%	32.3%	+5.6 pts	+1.2 pts
3 years	–	+86.2%	–	103.7%	–	−66.3 pts
Since launchNot the same days: MSTY Feb 2024 · OARK Nov 2022	+69.4%	+56.0%	224.6%	90.3%	−34.2 pts	−83.1 pts

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Alert

About each fund

MSTY

Over the year to Oct 28, 2026, MSTY paid 33.4% of its starting value in cash distributions while its price fell 75.2%. With every distribution reinvested, the fund returned −43.4%. MicroStrategy (MSTR) returned −49.0% over the same days, so a holder was ahead by 5.6 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 60.3%, paid weekly. YieldMax estimates that 14% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

OARK

Over the year to Oct 28, 2026, OARK paid 32.3% of its starting value in cash distributions while its price fell 37.0%. With every distribution reinvested, the fund returned −2.3%. ARK Innovation ETF (ARKK) returned −3.5% over the same days, so a holder was ahead by 1.2 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 27.5%, paid weekly.

Questions people ask

Which paid more, MSTY or OARK?: Over the year to Oct 28, 2026, MSTY paid 33.4% of its starting price in cash and OARK paid 32.3%, so MSTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, MSTY or OARK?: With every distribution reinvested, MSTY returned −43.4% and OARK −2.3% over the year to Oct 28, 2026.
Which is cheaper, MSTY or OARK?: MSTY charges 0.99% a year and OARK charges 1.00%, so MSTY is cheaper. Fees come from each fund's prospectus.

Other comparisons

MSTY vs NVDY MSTY vs SDTY MSTY vs AMZY MSTY vs YMAX OARK vs SDVD OARK vs TSLY OARK vs PAPI OARK vs RDVI

Where to next

ARK Innovation ETF (ARKK) →MSTY on its own →OARK on its own →MSTY dividend history →MSTY holdings →OARK dividend history →OARK holdings →Method →Standards and sources →

Sources and dates

MSTY and OARK filings on SEC EDGAR ↗

MSTY prospectus with the expense ratio (SEC) ↗

MSTY 19a-1 distribution notice ↗

YieldMax page for MSTY ↗

OARK prospectus with the expense ratio (SEC) ↗

OARK 19a-1 distribution notice ↗

YieldMax page for OARK ↗

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, MSTY against OARK, data as of Oct 28, 2026. https://etfiq.com/compare/income/msty-vs-oark

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