Data as of .
OEI vs YQQQ: which paid, and which earned it?
OEI and YQQQ both write options for income.
What they hold in common
By the books each fund has filed, OEI and YQQQ hold 0% of their money in the same securities at the same weight.
| Only in OEI | Only in YQQQ |
|---|---|
| NVIDIA Corp 8.32% | United States Treasury Note/Bond 2.375% 05/15/2027 28.76% |
| Microsoft Corp 5.99% | United States Treasury Bill 07/08/2027 28.59% |
| Amazon.com Inc 4.56% | United States Treasury Bill 02/18/2027 17.25% |
| Apple Inc 4.28% | United States Treasury Bill 12/10/2026 13.01% |
| Alphabet Inc 3.48% | United States Treasury Bill 10/15/2026 7.09% |
| Broadcom Inc 3.04% | First American Government Obligations Fund 12/01/2031 5.94% |
| Alphabet Inc 2.79% | QQQ 10/16/2026 720.02 P 1.66% |
| Micron Technology Inc 2.57% | QQQ US 09/25/26 P690 0.06% |
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 Jul 31, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OEI | YQQQ | OEI | YQQQ | OEI | YQQQ | |
| 3 months | +4.8% | +5.8% | 2.3% | 6.5% | +2.5 pts | +8.3 pts |
| 6 months | +12.5% | −13.9% | 4.9% | 10.8% | −5.6 pts | −38.2 pts |
| 1 year | not published | −3.5% | not published | 23.1% | not published | −25.3 pts |
| Since launch | +14.4% | −17.6% | 8.6% | 37.0% | −0.9 pts | −71.2 pts |
| OEI Optimized Equity Income ETF Option income on SPY, paying monthly | YQQQ YieldMax(R) Short N100 Option Income Strategy ETF Synthetic covered call on QQQ, paying weekly | |
|---|---|---|
| Issuer | Core Alternative | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | monthly | weekly |
| Payout rate, annualized | 9.2% | 21.3% |
| Expense ratio | 1.02% | 1.11% |
| Cash paid, 1 year | 8.6% (since launch on Oct 22, 2025) | 23.1% |
| Price change, 1 year | +5.2% | −25.7% |
| Total return, 1 year | +14.4% (since launch on Oct 22, 2025) | −3.5% |
| Benchmark return, 1 year | +15.3% | +21.8% |
| Ahead or behind | −0.9 pts | −25.3 pts |
| Return of capital, latest estimate | not published | 0% |
| Age | 331 days | 764 days |
| Net assets | $46m | $27m |
OEI in plain words
Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
YQQQ in plain words
Over the year to Sep 18, 2026, YQQQ paid 23.1% of its starting value in cash distributions while its price fell 25.7%. With every distribution reinvested, the fund returned −3.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 25.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 21.3%, 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).
Questions people ask
- Which is cheaper, OEI or YQQQ?
- OEI charges 1.02% a year and YQQQ charges 1.11%, so OEI 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.
Cite this page. ETFIQ, OEI against YQQQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/oei-vs-yqqq Free to use with attribution; the underlying files are at Open data.