Data as of .
TPAY vs TPRY: which paid, and which earned it?
TPAY and TPRY both write options for income.
What they hold in common
By the books each fund has filed, TPAY and TPRY hold 0% of their money in the same securities at the same weight.
| Only in TPAY | Only in TPRY |
|---|---|
| SPY 03/12/2027 33.67 C 61.75% | Micron Technology Inc 13.23% |
| SPY 04/16/2027 33.18 C 33.20% | Amazon.com Inc 12.40% |
| SPYM 03/12/2027 3.33 C 5.05% | Taiwan Semiconductor Manufacturing Co Ltd 8.48% |
| Alphabet Inc 6.91% | |
| Meta Platforms Inc 5.35% | |
| Uber Technologies Inc 5.23% | |
| Apple Inc 4.91% | |
| Vistra Corp 4.57% |
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 | |||
|---|---|---|---|---|---|---|
| TPAY | TPRY | TPAY | TPRY | TPAY | TPRY | |
| 3 months | +1.5% | −5.9% | 2.4% | 3.5% | −0.8 pts | −8.2 pts |
| 6 months | +17.3% | +11.9% | 5.3% | 8.1% | −0.7 pts | −6.1 pts |
| Since launch | +11.0% | +2.1% | 5.8% | 7.4% | −0.8 pts | −9.3 pts |
| TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Option income on SPY, paying monthly | TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Roundhill | VistaShares |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.5% | 15.3% |
| Expense ratio | 0.49% | 0.95% |
| Cash paid, 1 year | 5.8% (since launch on Feb 18, 2026) | 7.4% (since launch on Feb 26, 2026) |
| Price change, 1 year | +4.9% | −5.4% |
| Total return, 1 year | +11.0% (since launch on Feb 18, 2026) | +2.1% (since launch on Feb 26, 2026) |
| Benchmark return, 1 year | +11.8% | +11.4% |
| Ahead or behind | −0.8 pts | −9.3 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 212 days | 204 days |
| Net assets | $2m | $4m |
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.
TPRY in plain words
Over the period since launch on Feb 26, 2026 to Sep 18, 2026, TPRY paid 7.4% of its starting value in cash distributions while its price fell 5.4%. With every distribution reinvested, the fund returned +2.1%. S&P 500 (SPY), used as a default proxy returned +11.4% over the same days, so a holder was behind by 9.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.
Questions people ask
- Which is cheaper, TPAY or TPRY?
- TPAY charges 0.49% a year and TPRY charges 0.95%, 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, TPAY against TPRY, data as of Sep 18, 2026. https://etfiq.com/compare/income/tpay-vs-tpry Free to use with attribution; the underlying files are at Open data.