Data as of Oct 28, 2026.
OARK vs SPYI: Dividend Yield & Total Return
Over the year to Oct 28, 2026, OARK paid 32.3% of its price in cash against SPYI’s 11.9%, though SPYI returned more with it reinvested.
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Net assets on Oct 27, 2026: $40m for YieldMax Innovation Option Income Strategy ETF and $12.7bn for NEOS S&P 500 High Income ETF.
1.2 pts ahead of ARKK
OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.
ARKK
−3.5%
OARK
−2.3%
1.2 pts ahead of ARKK
Total return, distributions reinvested
1.2 pts ahead of ARKK
OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.
ARKK
−3.5%
OARK
−2.3%
1.2 pts ahead of ARKK
32.3% of it arrived as cash. Total return, distributions reinvested. OARK over 1 year: paid 32.3%, price −37.0%, total −2.3%, ARKK −3.5%, +1.2 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.About even with SPY
SPYI over 1 year: paid 11.9%, price +0.8%, total +13.6%, SPY +13.6%, 0.0 pts. Data to Oct 28, 2026.
SPY
+13.6%
SPYI
+13.6%
11.9% of it arrived as cash
about even with SPY
Total return, distributions reinvested
About even with SPY
SPYI over 1 year: paid 11.9%, price +0.8%, total +13.6%, SPY +13.6%, 0.0 pts. Data to Oct 28, 2026.
SPY
+13.6%
SPYI
+13.6%
11.9% as cash
about even with SPY
11.9% of it arrived as cash. Both charts share one scale, with zero at the line. SPYI over 1 year: paid 11.9%, price +0.8%, total +13.6%, SPY +13.6%, 0.0 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.Pair scorecard
SPYI costs 0.32 points a year less; their one-year returns differ by 15.9 points; SPYI is far larger, $12.7bn against $40m.
Points (pts) are percentage points.
| Measure | OARK | SPYI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | −2.3% | +13.6% |
| Price change, 1 year | fell 37.0% | rose 0.8% |
| Return of capital, issuer estimate | 99% of the Oct 23, 2026 payment | |
| Against its benchmark | ||
| Benchmark | ARK Innovation ETF, measured through ARKK | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 1.00% | 0.68% |
| Net assets, as of Oct 27, 2026 | $40m | $12.7bn |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company. 100 is best. How it is computed
A percentile among the 164 income ETFs not writing on a single company. 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 →
Holdings in common uses holdings dated Oct 28, 2026. Method
What they share
By the books each fund has filed, OARK and SPYI hold 0% of their money in the same securities at the same weight. Holdings dated Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Oct 28, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | OARK | SPYI | OARK | SPYI | OARK | SPYI |
| 3 months | +13.7% | +6.4% | 8.9% | 3.1% | −8.3 pts | +0.3 pts |
| 6 months | +9.8% | +8.7% | 19.6% | 6.1% | −7.3 pts | −0.4 pts |
| 1 year | −2.3% | +13.6% | 32.3% | 11.9% | +1.2 pts | 0.0 pts |
| 3 years | +86.2% | +70.2% | 103.7% | 41.0% | −66.3 pts | −24.8 pts |
| Since launchNot the same days: OARK Nov 2022 · SPYI Aug 2022 | +56.0% | +79.8% | 90.3% | 51.3% | −83.1 pts | −25.4 pts |
OARK
Over the year to Oct 28, 2026, OARK paid 32.3% of its starting value in cash distributions while its price fell 37.0%. With every distribution reinvested, the fund returned −2.3%. ARK Innovation ETF (ARKK) returned −3.5% over the same days, so a holder was ahead by 1.2 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 27.5%, paid weekly.
SPYI
Over the year to Oct 28, 2026, SPYI paid 11.9% of its starting value in cash distributions while its price rose 0.8%. With every distribution reinvested, the fund returned +13.6%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was about even. At its price on Oct 28, 2026 the latest distribution annualizes to 11.4%, paid monthly. NEOS estimates that 99% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
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 SPYI, data as of Oct 28, 2026. https://etfiq.com/compare/income/oark-vs-spyi
ETFIQ. (Oct 28, 2026). OARK against SPYI. Retrieved from https://etfiq.com/compare/income/oark-vs-spyi
[OARK against SPYI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/income/oark-vs-spyi)
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