Data as of Nov 12, 2026.

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OPTO vs SCA: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
+16.0 pts
1 month to Nov 12, 2026: SCA ahead, total return
Fee gap
0.19 pts
A year: OPTO 0.99%, SCA 1.18%, per filings dated Sep 28, 2026 and Oct 28, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

OPTO costs 0.19 points a year less.

Points (pts) are percentage points.

OPTO vs SCA: Dividend Yield & Total Return
MeasureOPTOSCA
Paid and earned
Price changefell 38.6% (since Oct 9, 2026)fell 13.8% (since May 27, 2026)
Against its benchmark
Benchmarknot publishedSuper Micro (SMCI)
Cost and size
Expense ratio0.99%1.18%
Net assetsnot read by ETFIQ$3.8m
Holdings
Holdings in commonnot published

Method

Key numbers
1.5%
OPTO cash paid, since launch, Oct 9, 2026
15.9%
SCA cash paid, since launch, May 27, 2026
−37.2%
OPTO total return, since launch, Oct 9, 2026
+1.6%
SCA total return, since launch, May 27, 2026
OPTO · since launch to Nov 12, 2026 Not measured
OPTO
−37.2%
none

Not measured

OPTO since launch: paid 1.5%, price −38.6%, total −37.2%, not measured against a benchmark. Data to Nov 12, 2026.

OPTO

−37.2%

Total return, distributions reinvested

Not measured

OPTO since launch: paid 1.5%, price −38.6%, total −37.2%, not measured against a benchmark. Data to Nov 12, 2026.

OPTO

−37.2%

1.5% of it arrived as cash. Total return, distributions reinvested. OPTO since launch: paid 1.5%, price −38.6%, total −37.2%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.
SCA · since launch to Nov 12, 2026 30.9 pts ahead of SMCI
SCA
+1.6%
SMCI
−29.3%

30.9 pts ahead of SMCI

SCA since launch: paid 15.9%, price −13.8%, total +1.6%, SMCI −29.3%, +30.9 pts. Data to Nov 12, 2026.

SMCI

−29.3%

SCA

+1.6%

30.9 pts ahead of SMCI

Total return, distributions reinvested

30.9 pts ahead of SMCI

SCA since launch: paid 15.9%, price −13.8%, total +1.6%, SMCI −29.3%, +30.9 pts. Data to Nov 12, 2026.

SMCI

−29.3%

SCA

+1.6%

30.9 pts ahead of SMCI

15.9% of it arrived as cash. Both charts share one scale, with zero at the line. SCA since launch: paid 15.9%, price −13.8%, total +1.6%, SMCI −29.3%, +30.9 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

OPTO Tuttle Capital Photonics Income Blast ETF · Autocallable, paying weekly SCA GraniteShares Autocallable SMCI ETF · Autocallable on SMCI, paying monthly
Strategy autocallable autocallable
Benchmark not set Super Micro (SMCI)
Pays weekly monthly
Payout rate, annualized 26.0% 43.1%
Expense ratio 0.99% 1.18%
Cash paid, 1 year 1.5% (since launch, Oct 9, 2026) 15.9% (since launch, May 27, 2026)
Price change, 1 year −38.6% (since launch, Oct 9, 2026) −13.8% (since launch, May 27, 2026)
Total return, 1 year −37.2% (since launch, Oct 9, 2026) +1.6% (since launch, May 27, 2026)
Benchmark return, 1 year not published −29.3% (since launch, May 27, 2026)
Ahead or behind not available +30.9 pts (since launch, May 27, 2026)
Return of capital, latest estimate not published 29%
Age 34 days 169 days
Net assets not read by ETFIQ $3.8m

As of Nov 12, 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: OPTO vs SCA: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowOPTOSCAOPTOSCAOPTOSCA
3 months–−7.1%–6.3%–+24.0 pts
Since launchNot the same days: OPTO Oct 2026 · SCA May 2026−37.2%+1.6%1.5%15.9%not measured+30.9 pts

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About each fund
OPTO

Over the period from its first trade on Oct 9, 2026 to Nov 12, 2026, OPTO paid 1.5% of its starting value in cash distributions while its price fell 38.6%. With every distribution reinvested, the fund returned −37.2%. At its price on Nov 12, 2026 the latest distribution annualizes to 26.0%, paid weekly.

SCA

Over the period from its first trade on May 27, 2026 to Nov 12, 2026, SCA paid 15.9% of its starting value in cash distributions while its price fell 13.8%. With every distribution reinvested, the fund returned +1.6%. Super Micro (SMCI) returned −29.3% over the same days, so a holder was ahead by 30.9 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 43.1%, paid monthly. GraniteShares estimates that 29% of the distribution paid Sep 11, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, OPTO or SCA?
OPTO charges 0.99% a year and SCA charges 1.18%, so OPTO is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, OPTO against SCA, data as of Nov 12, 2026. https://etfiq.com/compare/income/opto-vs-sca

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

OPTO and SCA both write options for income.

Growth of 100

OPTO and SCA

Total return, distributions reinvested, 1 month.

OPTO −30.5%SCA −14.5%
Oct 13, 2026Nov 12, 2026

OPTO −30.5%, SCA −14.5%: SCA +16.0 pts ahead, 1 month, Oct 13, 2026 to Nov 12, 2026.