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Data as of .

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

Over the year OARK paid 37.4% of its price in cash against QUSA’s 13.8%, and returned more with it reinvested.

YieldMax(R) Innovation Option Income Strategy ETF and VistaShares Target 15 USA Quality Income ETF.

37.4%OARK cash paid, 1 year
13.8%QUSA cash paid, 1 year
+6.6%OARK total return, 1 year
+3.5%QUSA total return, 1 year

ETFIQ Return Stability Score: QUSA scores higher

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

OARK 10.1QUSA 21.43.8, 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
QUSA11.7 pts behind QUAL · 1 year to Sep 18, 2026
QUAL+15.2%QUSA+3.5%13.8% cash11.7 pts behind QUALTotal return, distributions reinvestedQUAL+15.2%QUSA+3.5%11.7 pts behind QUAL

What they hold in common

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

Only in each
Only in OARKOnly in QUSA
TREASURY BILL 37.81%Microsoft Corp 6.08%
TREASURY BILL 30.32%Apple Inc 5.99%
TREASURY BILL 18.55%NVIDIA Corp 5.78%
TREASURY BILL 10.80%Berkshire Hathaway Inc 5.35%
TREASURY BILL 2.51%Caterpillar Inc 4.91%
Broadcom Inc 4.70%
Costco Wholesale Corp 4.40%
Coca-Cola Co/The 4.33%

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 QUSA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OARKQUSAOARKQUSAOARKQUSA
3 months+3.9%−1.9%9.0%3.6%+6.4 pts−3.6 pts
6 months+20.0%+10.4%22.6%7.8%−4.2 pts−4.3 pts
1 year+6.6%+3.5%37.4%13.8%−15.2 pts−11.7 pts
3 years+61.9%not published87.5%not published−36.3 ptsnot published
Since launch+58.8%+4.9%89.4%15.1%−96.7 pts−25.8 pts
Open the live comparison on ETFIQ
OARK and QUSA 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
QUSA
VistaShares Target 15 USA Quality Income ETF
Covered call on QUAL, paying monthly
IssuerYieldMaxVistaShares
Strategysynthetic covered callcovered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyUSA Quality (QUAL), used as the quality proxy
Paysweeklymonthly
Payout rate, annualized27.9%15.3%
Expense ratio1.00%0.97%
Cash paid, 1 year37.4%13.8%
Price change, 1 year−34.0%−11.0%
Total return, 1 year+6.6%+3.5%
Benchmark return, 1 year+21.8%+15.2%
Ahead or behind−15.2 pts−11.7 pts
Return of capital, latest estimate0%not published
Age1395 days500 days
Net assets$32m$22m

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).

QUSA in plain words

Over the year to Sep 18, 2026, QUSA paid 13.8% of its starting value in cash distributions while its price fell 11.0%. With every distribution reinvested, the fund returned +3.5%. USA Quality (QUAL), used as the quality proxy returned +15.2% over the same days, so a holder was behind by 11.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.

Questions people ask

Which paid more, OARK or QUSA?
Over the year to Sep 18, 2026, OARK paid 37.4% of its starting price in cash and QUSA paid 13.8%, 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 QUSA?
With every distribution reinvested, OARK returned +6.6% and QUSA returned +3.5% over the year to Sep 18, 2026, so OARK returned more.
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.

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 QUSA, 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 QUSA, data as of Sep 18, 2026. https://etfiq.com/compare/income/oark-vs-qusa Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources