Which paid more, SDVD or ULTY?

Over the year to Nov 4, 2026, SDVD paid 9.7% of its starting price in cash and ULTY paid 46.0%, so ULTY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, SDVD or ULTY?

With every distribution reinvested, SDVD returned +18.9% and ULTY −12.4% over the year to Nov 4, 2026.

Which is cheaper, SDVD or ULTY?

SDVD charges 0.85% a year and ULTY charges 1.30%, so SDVD is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

SDVD vs ULTY: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, ULTY paid 46.0% of its price in cash against SDVD’s 9.7%, though SDVD returned more with it reinvested.

askIQ about this page

askIQ about SDVD and ULTY

Net assets on Nov 3, 2026: $903m for FT Vest SMID Rising Dividend Achievers Target Income ETF and $576m for YieldMax Ultra Option Income Strategy ETF.

SDVD on its own →ULTY on its own →

At a glance

9.7%

SDVD cash paid, 1 year

46.0%

ULTY cash paid, 1 year

+18.9%

SDVD total return, 1 year

−12.4%

ULTY total return, 1 year

SDVD · 1 year to Nov 4, 2026 1.4 pts ahead of SDVY

SDVD

+18.9%

SDVY

+17.5%

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% as cash

1.4 pts ahead of SDVY

Total return, distributions reinvested

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

1.4 pts ahead of SDVY

9.7% of it arrived as cash. Total return, distributions reinvested. SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

ULTY · 1 year to Nov 4, 2026 4.4 pts ahead of its own holdings

ULTY

−12.4%

Own

−16.8%

4.4 pts ahead of its own holdings

ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.

its own holdings

−16.8%

ULTY

−12.4%

4.4 pts ahead of its own holdings

Total return, distributions reinvested

4.4 pts ahead of its own holdings

ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.

its own holdings

−16.8%

ULTY

−12.4%

46.0% of it arrived as cash. Both charts share one scale, with zero at the line. ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SDVD costs 0.45 points a year less; their one-year returns differ by 31.3 points; SDVD is 1.6 times larger.

Points (pts) are percentage points.

SDVD vs ULTY: Dividend Yield & Total Return
Measure	SDVD	ULTY
Paid and earned
Measure	SDVD	ULTY
Total return, 1 year	+18.9%	−12.4%
Price change, 1 year	rose 8.6%	fell 55.5%
Return of capital, issuer estimate	22% of the Oct 30, 2026 payment	100% of the Nov 5, 2026 payment
Against its benchmark
Measure	SDVD	ULTY
Benchmark	First Trust SMID Cap Rising Dividend Achievers ETF, measured through SDVY	its own holdings
Cost and size
Measure	SDVD	ULTY
Expense ratio	0.85%	1.30%
Net assets, as of Nov 3, 2026	$903m	$576m
Holdings
Measure	SDVD	ULTY
Holdings in common	0%

ETFIQ Distribution Coverage Score · SDVD scores higher How much of what it paid out did its total return cover?

IQ Income Score84.7SDVD12.9ULTY

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

SDVD 84.7

ULTY 12.9

0.3, the lowest in this set 99.7, the highest

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 →

Method

Risk and return

Mar 8, 2024 to Oct 30, 2026 · 138 weekly returns

SDVD ULTY

Return

Total return edge SDVD +33.0% −3.8%

Annualized edge SDVD +11.3% −1.4%

Price return edge SDVD +4.7% −89.2%

Risk

Volatility edge SDVD 16.7% 24.1%

Max drawdown edge SDVD −22.2% −25.9%

Risk-adjusted

Sharpe edge SDVD 0.47 −0.12

Sortino edge SDVD 0.66 −0.15

Calmar edge SDVD 0.51 −0.06

Reading

From Mar 2024 to Oct 2026, SDVD returned more: +33.0% to −3.8%. SDVD swung less: 16.7% to 24.1%. SDVD fell less at its worst: −22.2% to −25.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: SDVD vs ULTY: Dividend Yield & Total Return
Measure	SDVD	ULTY	Edge	How it is measured
Return
Total return	+33.0%	−3.8%	SDVD	Price change plus distributions, reinvested.
Annualized	+11.3%	−1.4%	SDVD	Total return as a yearly rate.
Price return	+4.7%	−89.2%	SDVD	Price change alone, distributions left out.
Risk
Volatility	16.7%	24.1%	SDVD	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	11.9%	18.4%	SDVD	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−22.2%	−25.9%	SDVD	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.47	−0.12	SDVD	Return above Treasury bills per unit of volatility.
Sortino	0.66	−0.15	SDVD	Return above Treasury bills per unit of downside deviation.
Calmar	0.51	−0.06	SDVD	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 138 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, SDVD and ULTY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SDVD ULTY

Comfort Systems USA, Inc. 0.46% 3.17%

Only in one fund ↓

Only in SDVD

The Hanover Insurance Group, Inc. 1.09%

Reinsurance Group of America, Incorporated 1.06%

Williams-Sonoma, Inc. 1.06%

Veralto Corporation 1.05%

Assurant, Inc. 1.02%

Interparfums, Inc. 1.02%

National HealthCare Corporation 1.02%

VeriSign, Inc. 1.02%

Only in ULTY

Analog Devices Inc 5.67%

Alphabet Inc 5.03%

Alibaba Group Holding Ltd 4.83%

MercadoLibre Inc 4.75%

Shopify Inc 4.74%

Space Exploration Technologies Corp 4.68%

VanEck Gold Miners ETF 4.60%

Advanced Micro Devices Inc 4.02%

Check overlap with more funds →

Side by side

SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF · Writes calls on the Russell 2000, investing in the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, paying monthly ULTY YieldMax Ultra Option Income Strategy ETF · Synthetic covered call on its own holdings, paying weekly

Issuer First Trust YieldMax

Strategy dividend stocks with call overlay synthetic covered call

Benchmark First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) ULTY's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026)

Pays monthly weekly

Payout rate, annualized 8.2% 60.9%

Expense ratio 0.85% 1.30%

Cash paid, 1 year 9.7% 46.0%

Price change, 1 year +8.6% −55.5%

Total return, 1 year +18.9% −12.4%

Benchmark return, 1 year +17.5% −16.8%

Ahead or behind +1.4 pts +4.4 pts

Return of capital, latest estimate 22% 100%

Age 3.2 years 2.7 years

Net assets, as of Nov 3, 2026 $903m $576m

As of Nov 4, 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: SDVD vs ULTY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	SDVD	ULTY	SDVD	ULTY	SDVD	ULTY
3 months	−2.3%	−8.3%	2.0%	14.3%	+0.5 pts	+3.4 pts
6 months	+3.3%	−9.9%	4.1%	26.6%	+0.9 pts	+1.6 pts
1 year	+18.9%	−12.4%	9.7%	46.0%	+1.4 pts	+4.4 pts
3 years	+60.8%	–	31.3%	–	+1.0 pts	–
Since launchNot the same days: SDVD Aug 2023 · ULTY Feb 2024	+53.9%	−1.9%	31.3%	87.9%	+1.9 pts	not measured

– means no data for this window. Open this comparison in the app →

Client brief:

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

SDVD

Over the year to Nov 4, 2026, SDVD paid 9.7% of its starting value in cash distributions while its price rose 8.6%. With every distribution reinvested, the fund returned +18.9%. First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) returned +17.5% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 22% of the distribution paid Oct 30, 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 Nov 4, 2026, ULTY paid 46.0% of its starting value in cash distributions while its price fell 55.5%. With every distribution reinvested, the fund returned −12.4%. ULTY's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026) returned −16.8% over the same days, so a holder was ahead by 4.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.9%, paid weekly. YieldMax estimates that 100% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, SDVD or ULTY?: Over the year to Nov 4, 2026, SDVD paid 9.7% of its starting price in cash and ULTY paid 46.0%, so ULTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, SDVD or ULTY?: With every distribution reinvested, SDVD returned +18.9% and ULTY −12.4% over the year to Nov 4, 2026.
Which is cheaper, SDVD or ULTY?: SDVD charges 0.85% a year and ULTY charges 1.30%, so SDVD is cheaper. Fees come from each fund's prospectus.

Other comparisons

SDVD vs SIXH SDVD vs KYLD SDVD vs ODTE SDVD vs YYY ULTY vs TSLY ULTY vs AIPI ULTY vs YMAX ULTY vs CONY

Where to next

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) →SDVD on its own →ULTY on its own →SDVD dividend history →SDVD holdings →ULTY dividend history →ULTY holdings →Method →Standards and sources →

Sources and dates

SDVD filings on SEC EDGAR ↗

SDVD prospectus with the expense ratio (SEC) ↗

SDVD 19a-1 distribution notice ↗

First Trust page for SDVD ↗

ULTY filings on SEC EDGAR ↗

ULTY prospectus with the expense ratio (SEC) ↗

ULTY 19a-1 distribution notice ↗

YieldMax page for ULTY ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, SDVD against ULTY, data as of Nov 4, 2026. https://etfiq.com/compare/income/sdvd-vs-ulty

Open data →

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