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Data as of .

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

Over the year OARK paid 37.4% of its price in cash against SPIN’s 5.2%, though SPIN returned more with it reinvested.

YieldMax(R) Innovation Option Income Strategy ETF and State Street(R) US Equity Premium Income ETF.

37.4%OARK cash paid, 1 year
5.2%SPIN cash paid, 1 year
+6.6%OARK total return, 1 year
+11.3%SPIN total return, 1 year

ETFIQ Return Stability Score: SPIN scores higher

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

OARK 10.1SPIN 61.93.8, 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
SPIN5.2 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%SPIN+11.3%5.2% as cash5.2 pts behind SPYTotal return, distributions reinvestedSPY+16.6%SPIN+11.3%5.2 pts behind SPY

What they hold in common

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

Only in each
Only in OARKOnly in SPIN
United States Treasury Note/Bond 2.375% 05/15/2027 31.97%NVIDIA CORP 9.87%
United States Treasury Bill 02/18/2027 31.91%MICROSOFT CORP 7.06%
United States Treasury Bill 07/08/2027 22.43%APPLE INC 6.03%
2ARKK US 11/20/26 C85.01 FLX 8.43%ALPHABET INC CL A 5.65%
United States Treasury Bill 12/10/2026 6.55%AMAZON.COM INC 4.87%
United States Treasury Bill 10/15/2026 3.23%BROADCOM INC 3.23%
First American Government Obligations Fund 12/01/2031 1.09%META PLATFORMS INC CLASS A 3.14%
ARKK US 09/25/26 C86 0.66%MICRON TECHNOLOGY INC 2.91%

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 Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

OARK and SPIN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OARKSPINOARKSPINOARKSPIN
3 months+3.9%+3.7%9.0%0.8%+6.4 pts+1.4 pts
6 months+20.0%+12.3%22.6%3.2%−4.2 pts−5.8 pts
1 year+6.6%+11.3%37.4%5.2%−15.2 pts−5.2 pts
3 years+61.9%not published87.5%not published−36.3 ptsnot published
Since launch+58.8%+28.5%89.4%15.2%−96.7 pts−13.7 pts
Open the live comparison on ETFIQ
OARK and SPIN 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
SPIN
State Street(R) US Equity Premium Income ETF
Covered call on SPY, paying monthly
IssuerYieldMaxState Street
Strategysynthetic covered callcovered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyS&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized27.9%2.7%
Expense ratio1.00%0.25%
Cash paid, 1 year37.4%5.2%
Price change, 1 year−34.0%+5.8%
Total return, 1 year+6.6%+11.3%
Benchmark return, 1 year+21.8%+16.6%
Ahead or behind−15.2 pts−5.2 pts
Return of capital, latest estimate0%not published
Age1395 days743 days
Net assets$32m$48m

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).

SPIN in plain words

Over the year to Sep 18, 2026, SPIN paid 5.2% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.7%, paid monthly.

Questions people ask

Which paid more, OARK or SPIN?
Over the year to Sep 18, 2026, OARK paid 37.4% of its starting price in cash and SPIN paid 5.2%, 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 SPIN?
With every distribution reinvested, OARK returned +6.6% and SPIN returned +11.3% over the year to Sep 18, 2026, so SPIN returned more.
Which is cheaper, OARK or SPIN?
OARK charges 1.00% a year and SPIN charges 0.25%, so SPIN 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 SPIN, 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 SPIN, data as of Sep 18, 2026. https://etfiq.com/compare/income/oark-vs-spin Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources