Data as of Nov 4, 2026.
OARK vs TPAY: Dividend Yield & Total Return
OARK and TPAY both write options for income.
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Net assets: $38m on Nov 3, 2026 for YieldMax Innovation Option Income Strategy ETF, and $2.1m on Nov 4, 2026 for Roundhill S&P 500 Target 10 Managed Distribution ETF.
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, 2026.1 pt behind VOO
TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
VOO
+12.6%
TPAY
+11.6%
6.6% of it arrived as cash
1 pt behind VOO
Total return, distributions reinvested
1 pt behind VOO
TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
VOO
+12.6%
TPAY
+11.6%
1 pt behind VOO
6.6% of it arrived as cash. Both charts share one scale, with zero at the line. TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
TPAY costs 0.51 points a year less; OARK is 18.1 times larger.
Points (pts) are percentage points.
| Measure | OARK | TPAY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | −2.6% | not published |
| Price change | fell 36.6% (1 year) | rose 4.6% (since Feb 18, 2026) |
| Return of capital, issuer estimate | 100% of the Oct 15, 2026 payment | |
| Against its benchmark | ||
| Benchmark | ARK Innovation ETF, measured through ARKK | Vanguard S&P 500 ETF, measured through VOO |
| Against its benchmark, same days | ahead by 1.1 pts | behind by 1.0 pts |
| Cost and size | ||
| Expense ratio | 1.00% | 0.49% |
| Net assets, as of Nov 3, 2026 | $38m | $2.1m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, OARK and TPAY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | OARK | TPAY | OARK | TPAY | OARK | TPAY |
| 3 months | +1.6% | −0.8% | 8.3% | 2.3% | −3.9 pts | −0.7 pts |
| 6 months | −2.3% | +4.2% | 17.8% | 4.7% | −3.3 pts | −0.8 pts |
| 1 year | −2.6% | – | 33.3% | – | +1.1 pts | – |
| 3 years | +62.6% | – | 95.8% | – | −36.1 pts | – |
| Since launchNot the same days: OARK Nov 2022 · TPAY Feb 2026 | +47.8% | +11.6% | 90.4% | 6.6% | −75.3 pts | −1.1 pts |
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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.
TPAY
Over the period from its first trade on Feb 18, 2026 to Nov 4, 2026, TPAY paid 6.6% of its starting value in cash distributions while its price rose 4.6%. With every distribution reinvested, the fund returned +11.6%. Vanguard S&P 500 ETF (VOO) returned +12.6% over the same days, so a holder was behind by 1.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.5%, paid monthly. Roundhill estimates that 100% of the distribution paid Oct 15, 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
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, OARK against TPAY, data as of Nov 4, 2026. https://etfiq.com/compare/income/oark-vs-tpay
ETFIQ. (Nov 4, 2026). OARK against TPAY. Retrieved from https://etfiq.com/compare/income/oark-vs-tpay
[OARK against TPAY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/oark-vs-tpay)
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