PAYH vs PAYM: Dividend Yield & Total Return
PAYH and PAYM both write options for income. Net assets on Jul 31, 2026: $26m for TrueShares S&P Autocallable High Income ETF and $128m for TrueShares S&P Autocallable Defensive Income ETF.
Both cost 0.74% a year; PAYM is 4.8 times larger.
| PAYH | PAYM | |
|---|---|---|
| Expense ratio | 0.74% | 0.74% |
| Net assets, as of Jul 31, 2026 | $26m | $128m |
| Holdings in common | 0% | |
| Price change | fell 0.8% (since Dec 30, 2025) | fell 2.6% (since May 28, 2026) |
Holdings in common uses holdings dated Jul 31, 2026.
Not measured
PAYH since launch: paid 12.1%, price −0.8%, total +12.4%, not measured against a benchmark. Figures to Oct 20, 2026.
PAYH
+12.4%
12.1% of it arrived as cash
Total return, distributions reinvested
Not measured
PAYH since launch: paid 12.1%, price −0.8%, total +12.4%, not measured against a benchmark. Figures to Oct 20, 2026.
PAYH
+12.4%
12.1% as cash
12.1% of it arrived as cash. Total return, distributions reinvested. PAYH since launch: paid 12.1%, price −0.8%, total +12.4%, not measured against a benchmark. Figures to Oct 20, 2026.
Figures to Oct 20, 2026.
Not measured
PAYM since launch: paid 4.0%, price −2.6%, total +1.5%, not measured against a benchmark. Figures to Oct 20, 2026.
PAYM
+1.5%
4.0% cash
Total return, distributions reinvested
Not measured
PAYM since launch: paid 4.0%, price −2.6%, total +1.5%, not measured against a benchmark. Figures to Oct 20, 2026.
PAYM
+1.5%
4.0% of it arrived as cash. Both charts share one scale, with zero at the line. PAYM since launch: paid 4.0%, price −2.6%, total +1.5%, not measured against a benchmark. Figures to Oct 20, 2026.
Figures to Oct 20, 2026.
What they hold in common
By the books each fund has filed, PAYH and PAYM hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.
half
0% in common
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | PAYH | PAYM | PAYH | PAYM | PAYH | PAYM |
| 3 months | +4.4% | +1.2% | 4.2% | 2.5% | not measured | not measured |
| 6 months | +7.5% | – | 8.4% | – | not measured | – |
| Since launch Not the same days: PAYH Dec 2025 · PAYM May 2026 | +12.4% | +1.5% | 12.1% | 4.0% | not measured | not measured |
Source: ETFIQ. – means no data for this window, usually because the fund is younger than it. Open this comparison in the app →
On the same fields
As of Oct 20, 2026. Source: ETFIQ. Cash paid is what the fund distributed over the window, as a share of its price at the start. Payout rate is its latest payment, annualized, over today’s price.
About PAYH
Over the period from its first trade on Dec 30, 2025 to Oct 20, 2026, PAYH paid 12.1% of its starting value in cash distributions while its price fell 0.8%. With every distribution reinvested, the fund returned +12.4%. At its price on Oct 20, 2026 the latest distribution annualizes to 16.9%, paid monthly.
About PAYM
Over the period from its first trade on May 28, 2026 to Oct 20, 2026, PAYM paid 4.0% of its starting value in cash distributions while its price fell 2.6%. With every distribution reinvested, the fund returned +1.5%. At its price on Oct 20, 2026 the latest distribution annualizes to 10.0%, paid monthly.
Questions people ask
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every figure is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, PAYH against PAYM, data as of Oct 20, 2026. https://etfiq.com/compare/income/payh-vs-paym
ETFIQ. (Oct 20, 2026). PAYH against PAYM. Retrieved from https://etfiq.com/compare/income/payh-vs-paym
[PAYH against PAYM (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/income/payh-vs-paym)
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