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Data as of .

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

Over the year OARK paid 38.6% of its price in cash against QDTE’s 36.8%, though QDTE returned more with it reinvested.

YieldMax(R) Innovation Option Income Strategy ETF and Roundhill Innovation-100 0DTE Covered Call Strategy ETF, side by side, income ETFs on ETFIQ.

38.6%OARK cash paid, 1 year
36.8%QDTE cash paid, 1 year
+7.2%OARK total return, 1 year
+22.3%QDTE total return, 1 year

ETFIQ Return Stability Score: QDTE scores higher

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

OARK 11.2QDTE 44.73.2, the lowest in this set96.9, the highest

A percentile among the 161 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

OARK15.8 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%OARK+7.2%38.6% of it arrived as cash15.8 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%OARK+7.2%15.8 pts behind QQQ
QDTE0.7 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%QDTE+22.3%36.8% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%QDTE+22.3%36.8% as cash0.7 pts behind QQQ

What they hold in common

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

Largest positions each one holds and the other does not
Only in OARKOnly in QDTE
TREASURY BILL 37.81%NDX 03/19/2027 2510.15 C 26.01%
TREASURY BILL 30.32%4NDX US 12/18/26 C2450.1 FLX 25.19%
TREASURY BILL 18.55%NDX 06/11/2027 3059.42 C 22.18%
TREASURY BILL 10.80%4NDX US 09/18/26 C2250 FLX 18.27%
TREASURY BILL 2.51%Roundhill Weekly T-Bill ETF 5.05%
First American Government Obligations Fu 3.30%

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 11, 2026.

Performance, window by window

OARK and QDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OARKQDTEOARKQDTEOARKQDTE
3 months+5.1%+1.0%9.6%7.8%+5.9 pts+1.8 pts
6 months+15.3%+16.9%22.6%15.9%−5.4 pts−3.8 pts
1 year+7.2%+22.3%38.6%36.8%−15.8 pts−0.7 pts
3 years+48.6%not published82.9%not published−46.5 ptsnot published
Since launch+53.5%+58.3%89.2%73.8%−99.6 pts−4.3 pts
Open the live comparison on ETFIQ
OARK and QDTE on the same fields, as of Sep 11, 2026. Source: ETFIQ.
OARK
YieldMax(R) Innovation Option Income Strategy ETF
Synthetic covered call on QQQ, paying weekly
QDTE
Roundhill Innovation-100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
IssuerYieldMaxRoundhill
Strategysynthetic covered call0DTE covered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyNasdaq-100 (QQQ)
Paysweeklyweekly
Payout rate, annualized37.1%24.3%
Expense ratio1.00%0.96%
Cash paid, 1 year38.6%36.8%
Price change, 1 year−33.3%−18.5%
Total return, 1 year+7.2%+22.3%
Benchmark return, 1 year+23.0%+23.0%
Ahead or behind−15.8 pts−0.7 pts
Return of capital, latest estimate39%not published
Age1388 days918 days

OARK in plain words

Over the year to Sep 11, 2026, OARK paid 38.6% of its starting value in cash distributions while its price fell 33.3%. With every distribution reinvested, the fund returned +7.2%. Nasdaq-100 (QQQ), used as the innovation proxy returned +23.0% over the same days, so a holder was behind by 15.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 37.1%, paid weekly. YieldMax estimates that 39% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

QDTE in plain words

Over the year to Sep 11, 2026, QDTE paid 36.8% of its starting value in cash distributions while its price fell 18.5%. With every distribution reinvested, the fund returned +22.3%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 24.3%, paid weekly.

Questions people ask

Which paid more, OARK or QDTE?
Over the year to Sep 11, 2026, OARK paid 38.6% of its starting price in cash and QDTE paid 36.8%, 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 QDTE?
With every distribution reinvested, OARK returned +7.2% and QDTE returned +22.3% over the year to Sep 11, 2026, so QDTE returned more.
Which is cheaper, OARK or QDTE?
OARK charges 1.00% a year and QDTE charges 0.96%, so QDTE 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 QDTE, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, OARK against QDTE, data as of Sep 11, 2026. https://etfiq.com/compare/income/oark-vs-qdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources