Data as of Nov 4, 2026.
ULTY vs XVSP: Dividend Yield & Total Return
ULTY and XVSP both write options for income.
askIQ about this page
askIQ about ULTY and XVSP
Net assets on Nov 3, 2026: $576m for YieldMax Ultra Option Income Strategy ETF and $4.5m for FT Vest SPCX & Target Income ETF.
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. Total return, distributions reinvested. 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.About even with SPCX
XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.
SPCX
−2.7%
XVSP
−2.2%
about even with SPCX
Total return, distributions reinvested
About even with SPCX
XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.
SPCX
−2.7%
XVSP
−2.2%
about even with SPCX
2.7% of it arrived as cash. Both charts share one scale, with zero at the line. XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
XVSP costs 0.45 points a year less; ULTY is far larger, $576m against $4.5m.
Points (pts) are percentage points.
| Measure | ULTY | XVSP |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | −12.4% | not published |
| Price change | fell 55.5% (1 year) | fell 4.6% (since Aug 26, 2026) |
| Return of capital, issuer estimate | 100% of the Nov 5, 2026 payment | 100% of the Oct 30, 2026 payment |
| Against its benchmark | ||
| Benchmark | its own holdings | Space Exploration Technologies (SPCX) |
| Cost and size | ||
| Expense ratio | 1.30% | 0.85% |
| Net assets, as of Nov 3, 2026 | $576m | $4.5m |
| Holdings | ||
| Holdings in common | 5% | |
What they share
By the books each fund has filed, ULTY and XVSP hold 5% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
5% 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 | ULTY | XVSP | ULTY | XVSP | ULTY | XVSP |
| 3 months | −8.3% | – | 14.3% | – | +3.4 pts | – |
| 6 months | −9.9% | – | 26.6% | – | +1.6 pts | – |
| 1 year | −12.4% | – | 46.0% | – | +4.4 pts | – |
| Since launchNot the same days: ULTY Feb 2024 · XVSP Aug 2026 | −1.9% | −2.2% | 87.9% | 2.7% | not measured | +0.4 pts |
– means no data for this window. Open this comparison in the app →
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). That is a tax label, not a measure of erosion.
XVSP
Over the period from its first trade on Aug 26, 2026 to Nov 4, 2026, XVSP paid 2.7% of its starting value in cash distributions while its price fell 4.6%. With every distribution reinvested, the fund returned −2.2%. Space Exploration Technologies (SPCX) returned −2.7% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid periodically. First Trust estimates that 100% of the distribution paid Oct 30, 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, ULTY against XVSP, data as of Nov 4, 2026. https://etfiq.com/compare/income/ulty-vs-xvsp
ETFIQ. (Nov 4, 2026). ULTY against XVSP. Retrieved from https://etfiq.com/compare/income/ulty-vs-xvsp
[ULTY against XVSP (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ulty-vs-xvsp)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.