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Data as of .

OMAH vs TPAY: which paid, and which earned it?

OMAH and TPAY both write options for income.

VistaShares Target 15 Berkshire Select Income ETF and Roundhill S&P 500 Target 10 Managed Distribution ETF.

14.4%OMAH cash paid, 1 year
5.8%TPAY cash paid, 1 year
+8.8%OMAH total return, 1 year
+11.0%TPAY total return, 1 year
OMAH4.9 pts ahead of BRK-B · 1 year to Sep 18, 2026
BRK-B+3.9%OMAH+8.8%14.4% of it arrived as cash4.9 pts ahead of BRK-BTotal return, distributions reinvestedBRK-B+3.9%OMAH+8.8%14.4% as cash4.9 pts ahead of BRK-B
TPAY0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+11.8%TPAY+11.0%5.8% of it arrived as cash0.8 pts behind SPYTotal return, distributions reinvestedSPY+11.8%TPAY+11.0%0.8 pts behind SPY

What they hold in common

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

Only in each
Only in OMAHOnly in TPAY
Apple Inc 10.59%SPY 03/12/2027 33.67 C 61.75%
Berkshire Hathaway Inc 10.22%SPY 04/16/2027 33.18 C 33.20%
American Express Co 6.57%SPYM 03/12/2027 3.33 C 5.05%
Coca-Cola Co/The 4.94%
VeriSign Inc 4.90%
Kroger Co/The 4.79%
Chevron Corp 4.75%
DAVITA INC 4.75%

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 18, 2026 and Sep 21, 2026.

Performance, window by window

OMAH and TPAY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OMAHTPAYOMAHTPAYOMAHTPAY
3 months+1.7%+1.5%3.7%2.4%−2.4 pts−0.8 pts
6 months+8.8%+17.3%7.7%5.3%+2.8 pts−0.7 pts
1 year+8.8%not published14.4%not published+4.9 ptsnot published
Since launch+14.6%+11.0%21.4%5.8%+12.4 pts−0.8 pts
Open the live comparison on ETFIQ
OMAH and TPAY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
OMAH
VistaShares Target 15 Berkshire Select Income ETF
Covered call on BRK-B, paying monthly
TPAY
Roundhill S&P 500 Target 10 Managed Distribution ETF
Option income on SPY, paying monthly
IssuerVistaSharesRoundhill
Strategycovered calloption income
BenchmarkBerkshire Hathaway B (BRK-B), used as the proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized15.1%9.5%
Expense ratio0.98%0.49%
Cash paid, 1 year14.4%5.8% (since launch on Feb 18, 2026)
Price change, 1 year−6.3%+4.9%
Total return, 1 year+8.8%+11.0% (since launch on Feb 18, 2026)
Benchmark return, 1 year+3.9%+11.8%
Ahead or behind+4.9 pts−0.8 pts
Return of capital, latest estimatenot publishednot published
Age562 days212 days
Net assets$1.1bn$2m

OMAH in plain words

Over the year to Sep 18, 2026, OMAH paid 14.4% of its starting value in cash distributions while its price fell 6.3%. With every distribution reinvested, the fund returned +8.8%. Berkshire Hathaway B (BRK-B), used as the proxy returned +3.9% over the same days, so a holder was ahead by 4.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.1%, paid monthly.

TPAY in plain words

Over the period since launch on Feb 18, 2026 to Sep 18, 2026, TPAY paid 5.8% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY) returned +11.8% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.5%, paid monthly.

Questions people ask

Which is cheaper, OMAH or TPAY?
OMAH charges 0.98% a year and TPAY charges 0.49%, so TPAY 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.

OMAH against TPAY, 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, OMAH against TPAY, data as of Sep 18, 2026. https://etfiq.com/compare/income/omah-vs-tpay Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources