Which paid more, OARK or TSPY?

Over the year to Nov 4, 2026, OARK paid 33.3% of its starting price in cash and TSPY paid 14.0%, 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 TSPY?

With every distribution reinvested, OARK returned −2.6% and TSPY +13.3% over the year to Nov 4, 2026.

Which is cheaper, OARK or TSPY?

OARK charges 1.00% a year and TSPY charges 0.68%, so TSPY is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

OARK vs TSPY: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, OARK paid 33.3% of its price in cash against TSPY’s 14.0%, though TSPY returned more with it reinvested.

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Net assets: $38m on Nov 3, 2026 for YieldMax Innovation Option Income Strategy ETF, and $311m on Jun 30, 2026 for TappAlpha S&P 500 Growth & Daily Income ETF.

OARK on its own →TSPY on its own →

At a glance

33.3%

OARK cash paid, 1 year

14.0%

TSPY cash paid, 1 year

−2.6%

OARK total return, 1 year

+13.3%

TSPY total return, 1 year

OARK · 1 year to Nov 4, 2026 1.1 pts ahead of ARKK

OARK

−2.6%

ARKK

−3.7%

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.

TSPY · 1 year to Nov 4, 2026 1.5 pts behind VOO

TSPY

+13.3%

VOO

+14.8%

1.5 pts behind VOO

TSPY over 1 year: paid 14.0%, price −1.6%, total +13.3%, VOO +14.8%, −1.5 pts. Data to Nov 4, 2026.

VOO

+14.8%

TSPY

+13.3%

14.0% of it arrived as cash

1.5 pts behind VOO

Total return, distributions reinvested

1.5 pts behind VOO

TSPY over 1 year: paid 14.0%, price −1.6%, total +13.3%, VOO +14.8%, −1.5 pts. Data to Nov 4, 2026.

VOO

+14.8%

TSPY

+13.3%

14.0% as cash

1.5 pts behind VOO

14.0% of it arrived as cash. Both charts share one scale, with zero at the line. TSPY over 1 year: paid 14.0%, price −1.6%, total +13.3%, VOO +14.8%, −1.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

TSPY costs 0.32 points a year less; their one-year returns differ by 15.9 points.

Points (pts) are percentage points.

OARK vs TSPY: Dividend Yield & Total Return
Measure	OARK	TSPY
Paid and earned
Measure	OARK	TSPY
Total return, 1 year	−2.6%	+13.3%
Price change, 1 year	fell 36.6%	fell 1.6%
Against its benchmark
Measure	OARK	TSPY
Benchmark	ARK Innovation ETF, measured through ARKK	Vanguard S&P 500 ETF, measured through VOO
Cost and size
Measure	OARK	TSPY
Expense ratio	1.00%	0.68%
Net assets, OARK as of Nov 3, 2026 and TSPY as of Jun 30, 2026	$38m	$311m
Holdings
Measure	OARK	TSPY
Holdings in common	0%

ETFIQ Distribution Coverage Score · TSPY scores higher How much of what it paid out did its total return cover?

IQ Income Score15.3OARK53.6TSPY

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

OARK 15.3

TSPY 53.6

0.3, the lowest in this set 99.7, the highest

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 →

Method

What they share

By the books each fund has filed, OARK and TSPY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first OARK TSPY

Only in one fund ↓

Only in OARK

United States Treasury Note/Bond 3.375% 09/15/2027 31.70%

United States Treasury Note/Bond 2.375% 05/15/2027 25.99%

2ARKK US 11/20/26 C85.01 FLX 1.48%

ARKK US 11/06/26 C83 0.25%

ARKK US 11/06/26 C84 0.07%

ARKK US 11/06/26 C82 -0.16%

ARKK US 11/06/26 C81 -0.68%

2ARKK US 11/20/26 P85.01 FLX -7.39%

Only in TSPY

Vanguard S&P 500 ETF 100.57%

Check overlap with more funds →

Side by side

OARK YieldMax Innovation Option Income Strategy ETF · Synthetic covered call on ARKK, paying weekly TSPY TappAlpha S&P 500 Growth & Daily Income ETF · Option income on VOO, paying monthly

Issuer YieldMax TappAlpha

Strategy synthetic covered call option income

Benchmark ARK Innovation ETF (ARKK) Vanguard S&P 500 ETF (VOO)

Pays weekly monthly

Payout rate, annualized 31.8% 14.3%

Expense ratio 1.00% 0.68%

Cash paid, 1 year 33.3% 14.0%

Price change, 1 year −36.6% −1.6%

Total return, 1 year −2.6% +13.3%

Benchmark return, 1 year −3.7% +14.8%

Ahead or behind +1.1 pts −1.5 pts

Return of capital, latest estimate not published 100%

Age 3.9 years 2.2 years

Net assets, OARK as of Nov 3, 2026 and TSPY as of Jun 30, 2026 $38m $311m

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

Window by window: OARK vs TSPY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	OARK	TSPY	OARK	TSPY	OARK	TSPY
3 months	+1.6%	+0.7%	8.3%	3.5%	−3.9 pts	+0.8 pts
6 months	−2.3%	+5.2%	17.8%	7.0%	−3.3 pts	+0.2 pts
1 year	−2.6%	+13.3%	33.3%	14.0%	+1.1 pts	−1.5 pts
3 years	+62.6%	–	95.8%	–	−36.1 pts	–
Since launchNot the same days: OARK Nov 2022 · TSPY Aug 2024	+47.8%	+38.7%	90.4%	31.2%	−75.3 pts	−3.7 pts

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Alert

About each fund

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.

TSPY

Over the year to Nov 4, 2026, TSPY paid 14.0% of its starting value in cash distributions while its price fell 1.6%. With every distribution reinvested, the fund returned +13.3%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 1.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 14.3%, paid monthly. TappAlpha estimates that 100% of the distribution paid Nov 4, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, OARK or TSPY?: Over the year to Nov 4, 2026, OARK paid 33.3% of its starting price in cash and TSPY paid 14.0%, 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 TSPY?: With every distribution reinvested, OARK returned −2.6% and TSPY +13.3% over the year to Nov 4, 2026.
Which is cheaper, OARK or TSPY?: OARK charges 1.00% a year and TSPY charges 0.68%, so TSPY is cheaper. Fees come from each fund's prospectus.

Other comparisons

OARK vs TPAY OARK vs OVL OARK vs XPAY OARK vs OVLH TSPY vs QQDH TSPY vs RECI TSPY vs TMGN TSPY vs VOOY

Where to next

ARK Innovation ETF (ARKK) →Vanguard S&P 500 ETF (VOO) →OARK on its own →TSPY on its own →OARK dividend history →OARK holdings →TSPY dividend history →TSPY holdings →Method →Standards and sources →

Sources and dates

OARK filings on SEC EDGAR ↗

OARK prospectus with the expense ratio (SEC) ↗

OARK 19a-1 distribution notice ↗

YieldMax page for OARK ↗

TSPY filings on SEC EDGAR ↗

TSPY prospectus with the expense ratio (SEC) ↗

TSPY 19a-1 distribution notice ↗

TappAlpha website ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, OARK against TSPY, data as of Nov 4, 2026. https://etfiq.com/compare/income/oark-vs-tspy

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.