Data as of .
TPAY vs YLDE: which paid, and which earned it?
TPAY and YLDE both write options for income.
What they hold in common
By the books each fund has filed, TPAY and YLDE hold 0% of their money in the same securities at the same weight.
| Only in TPAY | Only in YLDE |
|---|---|
| SPY 03/12/2027 33.67 C 61.75% | WILLIAMS COMPANIES INC (THE) 4.63% |
| SPY 04/16/2027 33.18 C 33.20% | EXXONMOBIL HOLDINGS CORP 4.05% |
| SPYM 03/12/2027 3.33 C 5.05% | ALPHABET INC 3.60% |
| NVIDIA CORP 3.03% | |
| NESTLE' SA/AG 2.94% | |
| AIR PRODUCTS AND CHEMICALS INC 2.83% | |
| APOLLO GLOBAL MANAGEMENT INC 2.78% | |
| MICROSOFT CORP 2.67% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| TPAY | YLDE | TPAY | YLDE | TPAY | YLDE | |
| 3 months | +1.5% | +2.5% | 2.4% | 2.3% | −0.8 pts | +0.3 pts |
| 6 months | +17.3% | +8.4% | 5.3% | 4.1% | −0.7 pts | −9.6 pts |
| 1 year | not published | +10.5% | not published | 7.6% | not published | −6.0 pts |
| 3 years | not published | +51.1% | not published | 16.8% | not published | −27.3 pts |
| Since launch | +11.0% | +181.4% | 5.8% | 42.1% | −0.8 pts | −86.6 pts |
| TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Option income on SPY, paying monthly | YLDE Franklin ClearBridge Enhanced Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Roundhill | Franklin |
| 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% | 7.0% |
| Expense ratio | 0.49% | 0.48% |
| Cash paid, 1 year | 5.8% (since launch on Feb 18, 2026) | 7.6% |
| Price change, 1 year | +4.9% | +2.6% |
| Total return, 1 year | +11.0% (since launch on Feb 18, 2026) | +10.5% |
| Benchmark return, 1 year | +11.8% | +16.6% |
| Ahead or behind | −0.8 pts | −6.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 212 days | 3405 days |
| Net assets | $2m | $170m |
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.
YLDE in plain words
Over the year to Sep 18, 2026, YLDE paid 7.6% of its starting value in cash distributions while its price rose 2.6%. With every distribution reinvested, the fund returned +10.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 6.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.0%, paid monthly.
Questions people ask
- Which is cheaper, TPAY or YLDE?
- TPAY charges 0.49% a year and YLDE charges 0.48%, so YLDE 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 YLDE, data as of Sep 18, 2026. https://etfiq.com/compare/income/tpay-vs-ylde Free to use with attribution; the underlying files are at Open data.