Data as of Nov 4, 2026.
TPAY vs TPRY: Dividend Yield & Total Return
TPAY and TPRY both write options for income.
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Net assets: $2.1m on Nov 4, 2026 for Roundhill S&P 500 Target 10 Managed Distribution ETF, and $3.3m on Nov 3, 2026 for VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF.
1 pt behind VOO
TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
VOO
+12.6%
TPAY
+11.6%
6.6% of it arrived as cash
1 pt behind VOO
Total return, distributions reinvested
1 pt behind VOO
TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
VOO
+12.6%
TPAY
+11.6%
1 pt behind VOO
6.6% of it arrived as cash. Total return, distributions reinvested. TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.19.3 pts behind SPY
TPRY since launch: paid 9.7%, price −16.1%, total −7.2%, SPY +12.1%, −19.3 pts. Data to Nov 4, 2026.
SPY
+12.1%
TPRY
−7.2%
19.3 pts behind SPY
Total return, distributions reinvested
19.3 pts behind SPY
TPRY since launch: paid 9.7%, price −16.1%, total −7.2%, SPY +12.1%, −19.3 pts. Data to Nov 4, 2026.
SPY
+12.1%
TPRY
−7.2%
19.3 pts behind SPY
9.7% of it arrived as cash. Both charts share one scale, with zero at the line. TPRY since launch: paid 9.7%, price −16.1%, total −7.2%, SPY +12.1%, −19.3 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
TPAY costs 0.46 points a year less; TPRY is 1.6 times larger.
Points (pts) are percentage points.
| Measure | TPAY | TPRY |
|---|---|---|
| Paid and earned | ||
| Price change | rose 4.6% (since Feb 18, 2026) | fell 16.1% (since Feb 26, 2026) |
| Return of capital, issuer estimate | 100% of the Oct 15, 2026 payment | 19% of the Oct 27, 2026 payment |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | S&P 500, measured through SPY |
| Against its benchmark, same days | behind by 1.0 pts | behind by 19.3 pts |
| Cost and size | ||
| Expense ratio | 0.49% | 0.95% |
| Net assets, as of Nov 3, 2026 | $2.1m | $3.3m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, TPAY and TPRY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | TPAY | TPRY | TPAY | TPRY | TPAY | TPRY |
| 3 months | −0.8% | −9.7% | 2.3% | 3.6% | −0.7 pts | −9.5 pts |
| 6 months | +4.2% | −14.1% | 4.7% | 6.9% | −0.8 pts | −19.1 pts |
| Since launchNot the same days: TPAY Feb 2026 · TPRY Feb 2026 | +11.6% | −7.2% | 6.6% | 9.7% | −1.1 pts | −19.3 pts |
TPAY
Over the period from its first trade on Feb 18, 2026 to Nov 4, 2026, TPAY paid 6.6% of its starting value in cash distributions while its price rose 4.6%. With every distribution reinvested, the fund returned +11.6%. Vanguard S&P 500 ETF (VOO) returned +12.6% over the same days, so a holder was behind by 1.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.5%, paid monthly. Roundhill estimates that 100% of the distribution paid Oct 15, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
TPRY
Over the period from its first trade on Feb 26, 2026 to Nov 4, 2026, TPRY paid 9.7% of its starting value in cash distributions while its price fell 16.1%. With every distribution reinvested, the fund returned −7.2%. S&P 500 (SPY) returned +12.1% over the same days, so a holder was behind by 19.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 15.7%, paid monthly. VistaShares estimates that 19% of the distribution paid Oct 27, 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
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, TPAY against TPRY, data as of Nov 4, 2026. https://etfiq.com/compare/income/tpay-vs-tpry
ETFIQ. (Nov 4, 2026). TPAY against TPRY. Retrieved from https://etfiq.com/compare/income/tpay-vs-tpry
[TPAY against TPRY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/tpay-vs-tpry)
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