Data as of Nov 4, 2026.

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Income ETFs

OARK vs QUSA: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, OARK paid 33.3% of its price in cash against QUSA’s 14.6%, though QUSA returned more with it reinvested.

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Net assets on Nov 3, 2026: $38m for YieldMax Innovation Option Income Strategy ETF and $20m for VistaShares Target 15 USA Quality Income ETF.

At a glance
33.3%
OARK cash paid, 1 year
14.6%
QUSA cash paid, 1 year
−2.6%
OARK total return, 1 year
+1.9%
QUSA total return, 1 year
OARK · 1 year to Nov 4, 2026 1.1 pts ahead of ARKK
OARK
−2.6%
ARKK
−3.7%

1.1 pts ahead of ARKK

OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.

ARKK

−3.7%

OARK

−2.6%

1.1 pts ahead of ARKK

Total return, distributions reinvested

1.1 pts ahead of ARKK

OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.

ARKK

−3.7%

OARK

−2.6%

1.1 pts ahead of ARKK

33.3% of it arrived as cash. Total return, distributions reinvested. OARK over 1 year: paid 33.3%, price −36.6%, total −2.6%, ARKK −3.7%, +1.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
QUSA · 1 year to Nov 4, 2026 12.9 pts behind SPY
QUSA
+1.9%
SPY
+14.8%

12.9 pts behind SPY

QUSA over 1 year: paid 14.6%, price −12.3%, total +1.9%, SPY +14.8%, −12.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

QUSA

+1.9%

12.9 pts behind SPY

Total return, distributions reinvested

12.9 pts behind SPY

QUSA over 1 year: paid 14.6%, price −12.3%, total +1.9%, SPY +14.8%, −12.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

QUSA

+1.9%

12.9 pts behind SPY

14.6% of it arrived as cash. Both charts share one scale, with zero at the line. QUSA over 1 year: paid 14.6%, price −12.3%, total +1.9%, SPY +14.8%, −12.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QUSA costs 0.03 points a year less; their one-year returns differ by 4.5 points; OARK is 1.9 times larger.

Points (pts) are percentage points.

OARK vs QUSA: Dividend Yield & Total Return
MeasureOARKQUSA
Paid and earned
Total return, 1 year−2.6%+1.9%
Price change, 1 yearfell 36.6%fell 12.3%
Return of capital, issuer estimate100% of the Oct 27, 2026 payment
Against its benchmark
BenchmarkARK Innovation ETF, measured through ARKKS&P 500, measured through SPY
Cost and size
Expense ratio1.00%0.97%
Net assets, as of Nov 3, 2026$38m$20m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · QUSA scores higher How much of what it paid out did its total return cover?
IQ Income Score15.3OARK21.9QUSA

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

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 →

Method

What they share

0%

By the books each fund has filed, OARK and QUSA hold 0% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first OARK QUSA
Only in one fund ↓
Only in OARK
United States Treasury Note/Bond 3.375% 09/15/2027 31.70%
United States Treasury Note/Bond 2.375% 05/15/2027 25.99%
2ARKK US 11/20/26 C85.01 FLX 1.48%
ARKK US 11/06/26 C83 0.25%
ARKK US 11/06/26 C84 0.07%
ARKK US 11/06/26 C82 -0.16%
ARKK US 11/06/26 C81 -0.68%
2ARKK US 11/20/26 P85.01 FLX -7.39%
Only in QUSA
Apple Inc 7.27%
Microsoft Corp 6.27%
NVIDIA Corp 6.15%
Visa Inc 5.70%
Alphabet Inc 4.97%
Lam Research Corp 4.91%
Mastercard Inc 4.37%
Adobe Inc 4.17%
Check overlap with more funds →

Side by side

OARK YieldMax Innovation Option Income Strategy ETF · Synthetic covered call on ARKK, paying weekly QUSA VistaShares Target 15 USA Quality Income ETF · Covered call on SPY, paying monthly
Strategy synthetic covered call covered call
Benchmark ARK Innovation ETF (ARKK) S&P 500 (SPY)
Pays weekly monthly
Payout rate, annualized 31.8% 15.4%
Expense ratio 1.00% 0.97%
Cash paid, 1 year 33.3% 14.6%
Price change, 1 year −36.6% −12.3%
Total return, 1 year −2.6% +1.9%
Benchmark return, 1 year −3.7% +14.8%
Ahead or behind +1.1 pts −12.9 pts
Return of capital, latest estimate not published 100%
Age 3.9 years 1.5 years
Net assets, as of Nov 3, 2026 $38m $20m

As of Nov 4, 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: OARK vs QUSA: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowOARKQUSAOARKQUSAOARKQUSA
3 months+1.6%−8.5%8.3%3.6%−3.9 pts−8.4 pts
6 months−2.3%−5.5%17.8%7.3%−3.3 pts−10.5 pts
1 year−2.6%+1.9%33.3%14.6%+1.1 pts−12.8 pts
3 years+62.6%–95.8%–−36.1 pts–
Since launchNot the same days: OARK Nov 2022 · QUSA May 2025+47.8%−1.8%90.4%17.3%−75.3 pts−41.3 pts

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About each fund
OARK

Over the year to Nov 4, 2026, OARK paid 33.3% of its starting value in cash distributions while its price fell 36.6%. With every distribution reinvested, the fund returned −2.6%. ARK Innovation ETF (ARKK) returned −3.7% over the same days, so a holder was ahead by 1.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 31.8%, paid weekly.

QUSA

Over the year to Nov 4, 2026, QUSA paid 14.6% of its starting value in cash distributions while its price fell 12.3%. With every distribution reinvested, the fund returned +1.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 12.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 15.4%, paid monthly. VistaShares estimates that 100% of the distribution paid Oct 27, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, OARK or QUSA?
Over the year to Nov 4, 2026, OARK paid 33.3% of its starting price in cash and QUSA paid 14.6%, 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 QUSA?
With every distribution reinvested, OARK returned −2.6% and QUSA +1.9% over the year to Nov 4, 2026.
Which is cheaper, OARK or QUSA?
OARK charges 1.00% a year and QUSA charges 0.97%, so QUSA is cheaper. Fees come from each fund's prospectus.
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Sources and dates

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.

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ETFIQ, OARK against QUSA, data as of Nov 4, 2026. https://etfiq.com/compare/income/oark-vs-qusa

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