Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

OARK and TPRY both write options for income.

YieldMax(R) Innovation Option Income Strategy ETF and VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF.

37.4%OARK cash paid, 1 year
7.4%TPRY cash paid, 1 year
+6.6%OARK total return, 1 year
+2.1%TPRY total return, 1 year
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
TPRY9.3 pts behind SPY · since launch to Sep 18, 2026
SPY+11.4%TPRY+2.1%9.3 pts behind SPYTotal return, distributions reinvestedSPY+11.4%TPRY+2.1%9.3 pts behind SPY

What they hold in common

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

Only in each
Only in OARKOnly in TPRY
United States Treasury Note/Bond 2.375% 05/15/2027 31.97%Micron Technology Inc 13.23%
United States Treasury Bill 02/18/2027 31.91%Amazon.com Inc 12.40%
United States Treasury Bill 07/08/2027 22.43%Taiwan Semiconductor Manufacturing Co Ltd 8.48%
2ARKK US 11/20/26 C85.01 FLX 8.43%Alphabet Inc 6.91%
United States Treasury Bill 12/10/2026 6.55%Meta Platforms Inc 5.35%
United States Treasury Bill 10/15/2026 3.23%Uber Technologies Inc 5.23%
First American Government Obligations Fund 12/01/2031 1.09%Apple Inc 4.91%
ARKK US 09/25/26 C86 0.66%Vistra Corp 4.57%

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 21, 2026.

Performance, window by window

OARK and TPRY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OARKTPRYOARKTPRYOARKTPRY
3 months+3.9%−5.9%9.0%3.5%+6.4 pts−8.2 pts
6 months+20.0%+11.9%22.6%8.1%−4.2 pts−6.1 pts
1 year+6.6%not published37.4%not published−15.2 ptsnot published
3 years+61.9%not published87.5%not published−36.3 ptsnot published
Since launch+58.8%+2.1%89.4%7.4%−96.7 pts−9.3 pts
Open the live comparison on ETFIQ
OARK and TPRY 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
TPRY
VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF
Covered call on SPY, paying monthly
IssuerYieldMaxVistaShares
Strategysynthetic covered callcovered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyS&P 500 (SPY), used as a default proxy
Paysweeklymonthly
Payout rate, annualized27.9%15.3%
Expense ratio1.00%0.95%
Cash paid, 1 year37.4%7.4% (since launch on Feb 26, 2026)
Price change, 1 year−34.0%−5.4%
Total return, 1 year+6.6%+2.1% (since launch on Feb 26, 2026)
Benchmark return, 1 year+21.8%+11.4%
Ahead or behind−15.2 pts−9.3 pts
Return of capital, latest estimate0%not published
Age1395 days204 days
Net assets$32m$4m

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).

TPRY in plain words

Over the period since launch on Feb 26, 2026 to Sep 18, 2026, TPRY paid 7.4% of its starting value in cash distributions while its price fell 5.4%. With every distribution reinvested, the fund returned +2.1%. S&P 500 (SPY), used as a default proxy returned +11.4% over the same days, so a holder was behind by 9.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.

Questions people ask

Which is cheaper, OARK or TPRY?
OARK charges 1.00% a year and TPRY charges 0.95%, so TPRY 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 TPRY, 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 TPRY, data as of Sep 18, 2026. https://etfiq.com/compare/income/oark-vs-tpry Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources