Data as of .
RNTY vs TPAY: which paid, and which earned it?
RNTY and TPAY both write options for income.
What they hold in common
By the books each fund has filed, RNTY and TPAY hold 0% of their money in the same securities at the same weight.
| Only in RNTY | Only in TPAY |
|---|---|
| Prologis Inc 6.72% | SPY 03/12/2027 33.67 C 61.75% |
| Welltower Inc 6.63% | SPY 04/16/2027 33.18 C 33.20% |
| Vivmark Residential 6.31% | SPYM 03/12/2027 3.33 C 5.05% |
| Digital Realty Trust Inc 5.99% | |
| Simon Property Group Inc 5.30% | |
| Equinix Inc 4.92% | |
| St Joe Co/The 4.41% | |
| Realty Income Corp 4.36% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| RNTY | TPAY | RNTY | TPAY | RNTY | TPAY | |
| 3 months | −2.3% | +1.5% | 3.0% | 2.4% | −4.5 pts | −0.8 pts |
| 6 months | +2.5% | +17.3% | 6.2% | 5.3% | −15.6 pts | −0.7 pts |
| 1 year | +4.6% | not published | 11.9% | not published | −12.0 pts | not published |
| Since launch | +7.9% | +11.0% | 15.8% | 5.8% | −39.2 pts | −0.8 pts |
| RNTY YieldMax(R) Target 12(TM) Real Estate Option Income ETF Synthetic covered call on SPY, paying monthly | TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | YieldMax | Roundhill |
| Strategy | synthetic covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 12.5% | 9.5% |
| Expense ratio | 0.99% | 0.49% |
| Cash paid, 1 year | 11.9% | 5.8% (since launch on Feb 18, 2026) |
| Price change, 1 year | −7.3% | +4.9% |
| Total return, 1 year | +4.6% | +11.0% (since launch on Feb 18, 2026) |
| Benchmark return, 1 year | +16.6% | +11.8% |
| Ahead or behind | −12.0 pts | −0.8 pts |
| Return of capital, latest estimate | 0% | not published |
| Age | 519 days | 212 days |
| Net assets | $6m | $2m |
RNTY in plain words
Over the year to Sep 18, 2026, RNTY paid 11.9% of its starting value in cash distributions while its price fell 7.3%. With every distribution reinvested, the fund returned +4.6%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 12.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.5%, paid monthly. YieldMax estimates that 0% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
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, RNTY or TPAY?
- RNTY charges 0.99% 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.
Cite this page. ETFIQ, RNTY against TPAY, data as of Sep 18, 2026. https://etfiq.com/compare/income/rnty-vs-tpay Free to use with attribution; the underlying files are at Open data.