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Data as of .

OARK vs OMAH: which paid, and which earned it?

Over the year OARK paid 37.4% of its price in cash against OMAH’s 14.4%, though OMAH returned more with it reinvested.

YieldMax(R) Innovation Option Income Strategy ETF and VistaShares Target 15 Berkshire Select Income ETF.

37.4%OARK cash paid, 1 year
14.4%OMAH cash paid, 1 year
+6.6%OARK total return, 1 year
+8.8%OMAH total return, 1 year

ETFIQ Return Stability Score: OMAH scores higher

Was the payout funded by returns, or by your own capital?

OARK 10.1OMAH 65.23.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

OARK15.2 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%OARK+6.6%37.4% as cash15.2 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%OARK+6.6%15.2 pts behind QQQ
OMAH4.9 pts ahead of BRK-B · 1 year to Sep 18, 2026
BRK-B+3.9%OMAH+8.8%14.4% of it arrived as cash4.9 pts ahead of BRK-BTotal return, distributions reinvestedBRK-B+3.9%OMAH+8.8%4.9 pts ahead of BRK-B

What they hold in common

By the books each fund has filed, OARK and OMAH hold 0% of their money in the same securities at the same weight.

Only in each
Only in OARKOnly in OMAH
TREASURY BILL 37.81%Apple Inc 10.59%
TREASURY BILL 30.32%Berkshire Hathaway Inc 10.22%
TREASURY BILL 18.55%American Express Co 6.57%
TREASURY BILL 10.80%Coca-Cola Co/The 4.94%
TREASURY BILL 2.51%VeriSign Inc 4.90%
Kroger Co/The 4.79%
Chevron Corp 4.75%
DAVITA INC 4.75%

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 Apr 30, 2026 and Sep 21, 2026.

Performance, window by window

OARK and OMAH over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OARKOMAHOARKOMAHOARKOMAH
3 months+3.9%+1.7%9.0%3.7%+6.4 pts−2.4 pts
6 months+20.0%+8.8%22.6%7.7%−4.2 pts+2.8 pts
1 year+6.6%+8.8%37.4%14.4%−15.2 pts+4.9 pts
3 years+61.9%not published87.5%not published−36.3 ptsnot published
Since launch+58.8%+14.6%89.4%21.4%−96.7 pts+12.4 pts
Open the live comparison on ETFIQ
OARK and OMAH on the same fields, as of Sep 18, 2026. Source: ETFIQ.
OARK
YieldMax(R) Innovation Option Income Strategy ETF
Synthetic covered call on QQQ, paying weekly
OMAH
VistaShares Target 15 Berkshire Select Income ETF
Covered call on BRK-B, paying monthly
IssuerYieldMaxVistaShares
Strategysynthetic covered callcovered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyBerkshire Hathaway B (BRK-B), used as the proxy
Paysweeklymonthly
Payout rate, annualized27.9%15.1%
Expense ratio1.00%0.98%
Cash paid, 1 year37.4%14.4%
Price change, 1 year−34.0%−6.3%
Total return, 1 year+6.6%+8.8%
Benchmark return, 1 year+21.8%+3.9%
Ahead or behind−15.2 pts+4.9 pts
Return of capital, latest estimate0%not published
Age1395 days562 days
Net assets$32m$1.1bn

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).

OMAH in plain words

Over the year to Sep 18, 2026, OMAH paid 14.4% of its starting value in cash distributions while its price fell 6.3%. With every distribution reinvested, the fund returned +8.8%. Berkshire Hathaway B (BRK-B), used as the proxy returned +3.9% over the same days, so a holder was ahead by 4.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.1%, paid monthly.

Questions people ask

Which paid more, OARK or OMAH?
Over the year to Sep 18, 2026, OARK paid 37.4% of its starting price in cash and OMAH paid 14.4%, so OARK paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, OARK or OMAH?
With every distribution reinvested, OARK returned +6.6% and OMAH returned +8.8% over the year to Sep 18, 2026, so OMAH returned more.
Which is cheaper, OARK or OMAH?
OARK charges 1.00% a year and OMAH charges 0.98%, so OMAH 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.

OARK against OMAH, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, OARK against OMAH, data as of Sep 18, 2026. https://etfiq.com/compare/income/oark-vs-omah Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources