Data as of .
OARK vs ODTE: which paid, and which earned it?
OARK and ODTE both write options for income.
What they hold in common
By the books each fund has filed, OARK and ODTE hold 0% of their money in the same securities at the same weight.
| Only in OARK | Only in ODTE |
|---|---|
| United States Treasury Note/Bond 2.375% 05/15/2027 31.97% | Invesco Nasdaq 100 ETF 33.70% |
| United States Treasury Bill 02/18/2027 31.91% | Vanguard S&P 500 ETF 33.27% |
| United States Treasury Bill 07/08/2027 22.43% | Vanguard Russell 2000 ETF 33.03% |
| 2ARKK US 11/20/26 C85.01 FLX 8.43% | |
| United States Treasury Bill 12/10/2026 6.55% | |
| United States Treasury Bill 10/15/2026 3.23% | |
| First American Government Obligations Fund 12/01/2031 1.09% | |
| ARKK US 09/25/26 C86 0.66% |
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 Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OARK | ODTE | OARK | ODTE | OARK | ODTE | |
| 3 months | +3.9% | −4.8% | 9.0% | 3.4% | +6.4 pts | −7.0 pts |
| 6 months | +20.0% | not published | 22.6% | not published | −4.2 pts | not published |
| 1 year | +6.6% | not published | 37.4% | not published | −15.2 pts | not published |
| 3 years | +61.9% | not published | 87.5% | not published | −36.3 pts | not published |
| Since launch | +58.8% | +6.2% | 89.4% | 6.7% | −96.7 pts | −10.5 pts |
| OARK YieldMax(R) Innovation Option Income Strategy ETF Synthetic covered call on QQQ, paying weekly | ODTE VegaShares SPX NDX RTY Premium Income ETF Covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | YieldMax | VegaShares |
| Strategy | synthetic covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | S&P 500 (SPY), used as a default proxy |
| Pays | weekly | weekly |
| Payout rate, annualized | 27.9% | 14.1% |
| Expense ratio | 1.00% | 0.68% |
| Cash paid, 1 year | 37.4% | 6.7% (since launch on Apr 2, 2026) |
| Price change, 1 year | −34.0% | −0.3% |
| Total return, 1 year | +6.6% | +6.2% (since launch on Apr 2, 2026) |
| Benchmark return, 1 year | +21.8% | +16.7% |
| Ahead or behind | −15.2 pts | −10.5 pts |
| Return of capital, latest estimate | 0% | not published |
| Age | 1395 days | 169 days |
| Net assets | $32m | $3m |
OARK in plain words
Over the year to Sep 18, 2026, OARK paid 37.4% of its starting value in cash distributions while its price fell 34.0%. With every distribution reinvested, the fund returned +6.6%. Nasdaq-100 (QQQ), used as the innovation proxy returned +21.8% over the same days, so a holder was behind by 15.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 27.9%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
ODTE in plain words
Over the period since launch on Apr 2, 2026 to Sep 18, 2026, ODTE paid 6.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +6.2%. S&P 500 (SPY), used as a default proxy returned +16.7% over the same days, so a holder was behind by 10.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.1%, paid weekly.
Questions people ask
- Which is cheaper, OARK or ODTE?
- OARK charges 1.00% a year and ODTE charges 0.68%, so ODTE 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, OARK against ODTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/oark-vs-odte Free to use with attribution; the underlying files are at Open data.