TPAY vs VAIE: Dividend Yield & Total Return
TPAY and VAIE both write options for income. Net assets: $2m on Oct 20, 2026 for Roundhill S&P 500 Target 10 Managed Distribution ETF, and $67m on Oct 19, 2026 for VegaShares US Equity Autocallable Income ETF.
TPAY costs 0.25 points a year less; VAIE is far larger, $67m against $2m.
Points (pts) are percentage points.
| TPAY | VAIE | |
|---|---|---|
| Expense ratio | 0.49% | 0.74% |
| Net assets, as of Oct 19, 2026 | $2m | $67m |
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | not published |
| Holdings in common | not published | |
| Price change | rose 4.9% (since Feb 18, 2026) | fell 3.6% (since May 12, 2026) |
1.1 pts behind VOO
TPAY since launch: paid 6.6%, price +4.9%, total +11.9%, VOO +13.0%, −1.1 pts. Figures to Oct 20, 2026.
VOO
+13.0%
TPAY
+11.9%
6.6% of it arrived as cash
1.1 pts behind VOO
Total return, distributions reinvested
1.1 pts behind VOO
TPAY since launch: paid 6.6%, price +4.9%, total +11.9%, VOO +13.0%, −1.1 pts. Figures to Oct 20, 2026.
VOO
+13.0%
TPAY
+11.9%
6.6% cash
1.1 pts behind VOO
6.6% of it arrived as cash. Total return, distributions reinvested. TPAY since launch: paid 6.6%, price +4.9%, total +11.9%, VOO +13.0%, −1.1 pts. Figures to Oct 20, 2026.
Figures to Oct 20, 2026.
Not measured
VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
VAIE
+3.3%
6.8% as cash
Total return, distributions reinvested
Not measured
VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
VAIE
+3.3%
6.8% of it arrived as cash. Both charts share one scale, with zero at the line. VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
Figures to Oct 20, 2026.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | TPAY | VAIE | TPAY | VAIE | TPAY | VAIE |
| 3 months | +2.4% | +2.5% | 2.4% | 4.1% | −0.6 pts | not measured |
| 6 months | +8.9% | – | 4.9% | – | −0.9 pts | – |
| Since launch Not the same days: TPAY Feb 2026 · VAIE May 2026 | +11.9% | +3.3% | 6.6% | 6.8% | −1.1 pts | not measured |
Source: ETFIQ. – means no data for this window, usually because the fund is younger than it. Open this comparison in the app →
On the same fields
As of Oct 20, 2026. Source: ETFIQ. Cash paid is what the fund distributed over the window, as a share of its price at the start. Payout rate is its latest payment, annualized, over today’s price.
About TPAY
Over the period from its first trade on Feb 18, 2026 to Oct 20, 2026, TPAY paid 6.6% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.9%. Vanguard S&P 500 ETF (VOO) returned +13.0% over the same days, so a holder was behind by 1.1 pts. At its price on Oct 20, 2026 the latest distribution annualizes to 9.5%, paid monthly.
About VAIE
Over the period from its first trade on May 12, 2026 to Oct 20, 2026, VAIE paid 6.8% of its starting value in cash distributions while its price fell 3.6%. With every distribution reinvested, the fund returned +3.3%. At its price on Oct 20, 2026 the latest distribution annualizes to 16.8%, paid weekly.
Questions people ask
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How this is computed
Every figure is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, TPAY against VAIE, data as of Oct 20, 2026. https://etfiq.com/compare/income/tpay-vs-vaie
ETFIQ. (Oct 20, 2026). TPAY against VAIE. Retrieved from https://etfiq.com/compare/income/tpay-vs-vaie
[TPAY against VAIE (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/income/tpay-vs-vaie)
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