Data as of .
ULTY vs XVSP: which paid, and which earned it?
ULTY and XVSP both write options for income.
What they hold in common
By the books each fund has filed, ULTY and XVSP hold 4% of their money in the same securities at the same weight.
| Holding | ULTY | XVSP |
|---|---|---|
| Space Exploration Technologies Corp | 4.11% | 51.81% |
| Only in ULTY | Only in XVSP |
|---|---|
| Advanced Micro Devices Inc 5.23% | 2026-10-23 S&P 500® Mini Index P 1,500.03 304.12% |
| MercadoLibre Inc 4.99% | 2026-10-23 S&P 500® Mini Index C 500.03 110.96% |
| Lumentum Holdings Inc 4.75% | 2026-10-23 S&P 500® Mini Index C 1,500.03 0.00% |
| Strategy Inc 4.66% | 2026-10-23 Space Exploration Technologies Corp. (Class A) C 1,232.73 0.00% |
| Comfort Systems USA Inc 4.61% | 2026-10-23 S&P 500® Mini Index P 500.03 -0.04% |
| Alphabet Inc 4.39% | 2026-09-25 Space Exploration Technologies Corp. (Class A) C 152.50 -0.31% |
| Lam Research Corp 4.34% | 2026-10-23 Space Exploration Technologies Corp. (Class A) P 1,232.73 -366.53% |
| Coherent Corp 4.30% |
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 | |||
|---|---|---|---|---|---|---|
| ULTY | XVSP | ULTY | XVSP | ULTY | XVSP | |
| 3 months | −1.1% | not published | 13.7% | not published | −3.3 pts | not published |
| 6 months | +14.0% | not published | 30.1% | not published | −4.0 pts | not published |
| 1 year | −7.8% | not published | 44.9% | not published | −24.3 pts | not published |
| Since launch | +10.7% | +9.2% | 86.9% | 0.0% | −44.1 pts | +9.6 pts |
| ULTY YieldMax(R) Ultra Option Income Strategy ETF Synthetic covered call on SPY, paying weekly | XVSP FT Vest SPCX & Target Income ETF Option income on SPY | |
|---|---|---|
| Issuer | YieldMax | First Trust |
| Strategy | synthetic covered call | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY), used as the proxy |
| Pays | weekly | not established |
| Payout rate, annualized | 59.8% | not published |
| Expense ratio | 1.30% | not published |
| Cash paid, 1 year | 44.9% | 0.0% (since launch on Aug 26, 2026) |
| Price change, 1 year | −54.1% | +9.2% |
| Total return, 1 year | −7.8% | +9.2% (since launch on Aug 26, 2026) |
| Benchmark return, 1 year | +16.6% | −0.3% |
| Ahead or behind | −24.3 pts | +9.6 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 932 days | 23 days |
| Net assets | $721m | $2m |
ULTY in plain words
Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting value in cash distributions while its price fell 54.1%. With every distribution reinvested, the fund returned −7.8%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 24.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 59.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
XVSP in plain words
Over the period since launch on Aug 26, 2026 to Sep 18, 2026, XVSP paid 0.0% of its starting value in cash distributions while its price rose 9.2%. With every distribution reinvested, the fund returned +9.2%. S&P 500 (SPY), used as the proxy returned −0.3% over the same days, so a holder was ahead by 9.6 pts.
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, ULTY against XVSP, data as of Sep 18, 2026. https://etfiq.com/compare/income/ulty-vs-xvsp Free to use with attribution; the underlying files are at Open data.