Data as of Oct 28, 2026.
SDTY vs ULTY: Dividend Yield & Total Return
Over the year to Oct 28, 2026, ULTY paid 44.3% of its price in cash against SDTY’s 24.6%, though SDTY returned more with it reinvested.
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Net assets on Oct 27, 2026: $41m for YieldMax S&P 500 0DTE Covered Call Strategy ETF and $627m for YieldMax Ultra Option Income Strategy ETF.
About even with VOO
SDTY over 1 year: paid 24.6%, price −13.3%, total +13.4%, VOO +13.7%, −0.3 pts. Data to Oct 28, 2026.
VOO
+13.7%
SDTY
+13.4%
24.6% of it arrived as cash
about even with VOO
Total return, distributions reinvested
About even with VOO
SDTY over 1 year: paid 24.6%, price −13.3%, total +13.4%, VOO +13.7%, −0.3 pts. Data to Oct 28, 2026.
VOO
+13.7%
SDTY
+13.4%
about even with VOO
24.6% of it arrived as cash. Total return, distributions reinvested. SDTY over 1 year: paid 24.6%, price −13.3%, total +13.4%, VOO +13.7%, −0.3 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.4.1 pts ahead of its own holdings
ULTY over 1 year: paid 44.3%, price −55.2%, total −11.2%, its own holdings −15.3%, +4.1 pts. Data to Oct 28, 2026.
its own holdings
−15.3%
ULTY
−11.2%
4.1 pts ahead of its own holdings
Total return, distributions reinvested
4.1 pts ahead of its own holdings
ULTY over 1 year: paid 44.3%, price −55.2%, total −11.2%, its own holdings −15.3%, +4.1 pts. Data to Oct 28, 2026.
its own holdings
−15.3%
ULTY
−11.2%
44.3% of it arrived as cash. Both charts share one scale, with zero at the line. ULTY over 1 year: paid 44.3%, price −55.2%, total −11.2%, its own holdings −15.3%, +4.1 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.Pair scorecard
SDTY costs 0.22 points a year less; their one-year returns differ by 24.6 points; ULTY is 15.3 times larger.
Points (pts) are percentage points.
| Measure | SDTY | ULTY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +13.4% | −11.2% |
| Price change, 1 year | fell 13.3% | fell 55.2% |
| Return of capital, issuer estimate | 58% of the Oct 29, 2026 payment | 100% of the Oct 29, 2026 payment |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | its own holdings |
| Cost and size | ||
| Expense ratio | 1.08% | 1.30% |
| Net assets, as of Oct 27, 2026 | $41m | $627m |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company. 100 is best. How it is computed
A percentile among the 164 income ETFs not writing on a single company. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Holdings in common uses holdings dated Oct 28, 2026. Method
Risk and return
Feb 14, 2025 to Oct 23, 2026 · 88 weekly returnsSDTY returned more: +21.6% to −4.0%. SDTY swung less: 13.9% to 22.6%. SDTY fell less at its worst: −17.2% to −25.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | SDTY | ULTY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +21.6% | −4.0% | SDTY | Price change plus distributions, reinvested. |
| Annualized | +12.2% | −2.4% | SDTY | Total return as a yearly rate. |
| Price return | −21.0% | −73.0% | SDTY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 13.9% | 22.6% | SDTY | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.4% | 17.4% | SDTY | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −17.2% | −25.9% | SDTY | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.62 | −0.17 | SDTY | Return above Treasury bills per unit of volatility. |
| Sortino | 0.82 | −0.22 | SDTY | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.71 | −0.09 | SDTY | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 88 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SDTY and ULTY hold 0% of their money in the same securities at the same weight. Holdings dated Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Oct 28, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | SDTY | ULTY | SDTY | ULTY | SDTY | ULTY |
| 3 months | +5.8% | +4.2% | 5.7% | 15.4% | −0.3 pts | −9.8 pts |
| 6 months | +9.7% | +1.0% | 12.1% | 28.1% | +0.6 pts | −6.6 pts |
| 1 year | +13.4% | −11.2% | 24.6% | 44.3% | −0.3 pts | +4.1 pts |
| Since launchNot the same days: SDTY Feb 2025 · ULTY Feb 2024 | +23.9% | +4.4% | 37.5% | 87.8% | −6.1 pts | not measured |
SDTY and ULTY are built for the same job. How do they differ in cost, holdings and results?
- Income paid. SDTY paid 24.6% and ULTY 44.3% (cash paid over 1 year, as a share of its price at the start), a gap of 19.7 points.
- What each is measured against. SDTY is measured against Vanguard S&P 500 ETF through VOO and ULTY against its own holdings.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 28, 2026).
Data as of Oct 28, 2026.
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SDTY
Over the year to Oct 28, 2026, SDTY paid 24.6% of its starting value in cash distributions while its price fell 13.3%. With every distribution reinvested, the fund returned +13.4%. Vanguard S&P 500 ETF (VOO) returned +13.7% over the same days, so a holder was about even. At its price on Oct 28, 2026 the latest distribution annualizes to 23.3%, paid weekly. YieldMax estimates that 58% of the distribution paid Oct 29, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
ULTY
Over the year to Oct 28, 2026, ULTY paid 44.3% of its starting value in cash distributions while its price fell 55.2%. With every distribution reinvested, the fund returned −11.2%. ULTY's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Oct 26, 2026) returned −15.3% over the same days, so a holder was ahead by 4.1 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 60.7%, paid weekly. YieldMax estimates that 100% of the distribution paid Oct 29, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, SDTY against ULTY, data as of Oct 28, 2026. https://etfiq.com/compare/income/sdty-vs-ulty
ETFIQ. (Oct 28, 2026). SDTY against ULTY. Retrieved from https://etfiq.com/compare/income/sdty-vs-ulty
[SDTY against ULTY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/income/sdty-vs-ulty)
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