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Data as of .

ULTY vs YLDE: which paid, and which earned it?

Over the year ULTY paid 44.9% of its price in cash against YLDE’s 7.6%, though YLDE returned more with it reinvested.

YieldMax(R) Ultra Option Income Strategy ETF and Franklin ClearBridge Enhanced Income ETF.

44.9%ULTY cash paid, 1 year
7.6%YLDE cash paid, 1 year
−7.8%ULTY total return, 1 year
+10.5%YLDE total return, 1 year

ETFIQ Return Stability Score: YLDE scores higher

Was the payout funded by returns, or by your own capital?

ULTY 3.8YLDE 56.23.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

ULTY24.3 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%ULTY−7.8%24.3 pts behind SPYTotal return, distributions reinvestedSPY+16.6%ULTY−7.8%24.3 pts behind SPY
YLDE6 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%YLDE+10.5%7.6% of it arrived as cash6 pts behind SPYTotal return, distributions reinvestedSPY+16.6%YLDE+10.5%6 pts behind SPY

What they hold in common

By the books each fund has filed, ULTY and YLDE hold 6% of their money in the same securities at the same weight.

Positions ULTY and YLDE both hold, largest shared weight first
HoldingULTYYLDE
Alphabet Inc4.39%3.60%
NVIDIA Corp2.36%3.03%
Only in each
Only in ULTYOnly in YLDE
Advanced Micro Devices Inc 5.23%WILLIAMS COMPANIES INC (THE) 4.63%
MercadoLibre Inc 4.99%EXXONMOBIL HOLDINGS CORP 4.05%
Lumentum Holdings Inc 4.75%NESTLE' SA/AG 2.94%
Strategy Inc 4.66%AIR PRODUCTS AND CHEMICALS INC 2.83%
Comfort Systems USA Inc 4.61%APOLLO GLOBAL MANAGEMENT INC 2.78%
Lam Research Corp 4.34%MICROSOFT CORP 2.67%
Coherent Corp 4.30%UNILEVER PLC 2.64%
Palantir Technologies Inc 4.27%PUBLIC STORAGE 2.59%

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 21, 2026.

Performance, window by window

ULTY and YLDE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ULTYYLDEULTYYLDEULTYYLDE
3 months−1.1%+2.5%13.7%2.3%−3.3 pts+0.3 pts
6 months+14.0%+8.4%30.1%4.1%−4.0 pts−9.6 pts
1 year−7.8%+10.5%44.9%7.6%−24.3 pts−6.0 pts
3 yearsnot published+51.1%not published16.8%not published−27.3 pts
Since launch+10.7%+181.4%86.9%42.1%−44.1 pts−86.6 pts
Open the live comparison on ETFIQ
ULTY and YLDE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ULTY
YieldMax(R) Ultra Option Income Strategy ETF
Synthetic covered call on SPY, paying weekly
YLDE
Franklin ClearBridge Enhanced Income ETF
Covered call on SPY, paying monthly
IssuerYieldMaxFranklin
Strategysynthetic covered callcovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY), used as a default proxy
Paysweeklymonthly
Payout rate, annualized59.8%7.0%
Expense ratio1.30%0.48%
Cash paid, 1 year44.9%7.6%
Price change, 1 year−54.1%+2.6%
Total return, 1 year−7.8%+10.5%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−24.3 pts−6.0 pts
Return of capital, latest estimate100%not published
Age932 days3405 days
Net assets$721m$170m

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).

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 paid more, ULTY or YLDE?
Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting price in cash and YLDE paid 7.6%, so ULTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, ULTY or YLDE?
With every distribution reinvested, ULTY returned −7.8% and YLDE returned +10.5% over the year to Sep 18, 2026, so YLDE returned more.
Which is cheaper, ULTY or YLDE?
ULTY charges 1.30% 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.

ULTY against YLDE, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ULTY against YLDE, data as of Sep 18, 2026. https://etfiq.com/compare/income/ulty-vs-ylde Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources