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Data as of .

PBP vs SDTY: which paid, and which earned it?

Over the year SDTY paid 24.4% of its price in cash against PBP’s 11.8%, though PBP returned more with it reinvested.

Invesco S&P 500 BuyWrite ETF and YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF.

11.8%PBP cash paid, 1 year
24.4%SDTY cash paid, 1 year
+18.5%PBP total return, 1 year
+15.8%SDTY total return, 1 year

ETFIQ Return Stability Score: PBP scores higher

Was the payout funded by returns, or by your own capital?

PBP 80.6SDTY 43.43.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

PBP1.9 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%PBP+18.5%11.8% of it arrived as cash1.9 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%PBP+18.5%11.8% cash1.9 pts ahead of SPY
SDTY0.8 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%SDTY+15.8%24.4% of it arrived as cash0.8 pts behind SPYTotal return, distributions reinvestedSPY+16.6%SDTY+15.8%24.4% as cash0.8 pts behind SPY

What they hold in common

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

Only in each
Only in PBPOnly in SDTY
NVIDIA Corp 8.18%SPX 12/18/2026 1200.26 C 88.32%
Apple Inc 7.50%First American Government Obligations Fund 12/01/2031 8.93%
Microsoft Corp 5.57%United States Treasury Bill 10/15/2026 2.55%
Amazon.com Inc 3.77%United States Treasury Bill 02/18/2027 0.10%
Alphabet Inc 3.11%United States Treasury Bill 07/08/2027 0.09%
Broadcom Inc 2.57%
Alphabet Inc 2.47%
Meta Platforms Inc 2.22%

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 19, 2026 and Sep 21, 2026.

Performance, window by window

PBP and SDTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PBPSDTYPBPSDTYPBPSDTY
3 months+5.0%+3.2%2.8%5.9%+2.7 pts+1.0 pts
6 months+13.0%+16.5%5.7%13.7%−5.0 pts−1.6 pts
1 year+18.5%+15.8%11.8%24.4%+1.9 pts−0.8 pts
3 years+46.1%not published31.8%not published−32.3 ptsnot published
Since launch+199.0%+22.3%101.2%35.4%−604.5 pts−5.8 pts
Open the live comparison on ETFIQ
PBP and SDTY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PBP
Invesco S&P 500 BuyWrite ETF
Covered call on SPY, paying monthly
SDTY
YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF
0DTE covered call on SPY, paying weekly
IssuerInvescoYieldMax
Strategycovered call0DTE covered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlyweekly
Payout rate, annualized11.3%19.8%
Expense ratio0.29%1.08%
Cash paid, 1 year11.8%24.4%
Price change, 1 year+5.5%−10.8%
Total return, 1 year+18.5%+15.8%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind+1.9 pts−0.8 pts
Return of capital, latest estimatenot published100%
Age6101 days589 days
Net assets$386m$28m

PBP in plain words

Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.

SDTY in plain words

Over the year to Sep 18, 2026, SDTY paid 24.4% of its starting value in cash distributions while its price fell 10.8%. With every distribution reinvested, the fund returned +15.8%. S&P 500 (SPY) returned +16.6% 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 19.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, PBP or SDTY?
Over the year to Sep 18, 2026, PBP paid 11.8% of its starting price in cash and SDTY paid 24.4%, so SDTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, PBP or SDTY?
With every distribution reinvested, PBP returned +18.5% and SDTY returned +15.8% over the year to Sep 18, 2026, so PBP returned more.
Which is cheaper, PBP or SDTY?
PBP charges 0.29% a year and SDTY charges 1.08%, so PBP 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.

PBP against SDTY, 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, PBP against SDTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/pbp-vs-sdty Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources