Data as of .
XPAY vs YSPC: which paid, and which earned it?
XPAY and YSPC both write options for income.
What they hold in common
By the books each fund has filed, XPAY and YSPC hold 5% of their money in the same securities at the same weight.
| Holding | XPAY | YSPC |
|---|---|---|
| First American Government Obligations Fund 12/01/2031 | 4.95% | 5.82% |
| Only in XPAY | Only in YSPC |
|---|---|
| SPY 02/12/2027 33.47 C 13.75% | United States Treasury Bill 07/08/2027 43.24% |
| SPY 07/16/2027 36.7 C 11.79% | United States Treasury Bill 02/18/2027 34.02% |
| SPY 03/12/2027 33.67 C 11.51% | United States Treasury Note/Bond 2.375% 05/15/2027 16.09% |
| SPY 04/16/2027 33.87 C 11.49% | SPCX 10/16/2026 150.01 C 6.39% |
| SPY 06/11/2027 37.11 C 10.07% | SPACE EX CLL OPT 09/26 162.500 0.62% |
| SPY 01/15/2027 33.21 C 6.96% | SPACE EX CLL OPT 09/26 157.500 0.07% |
| SPY 12/11/2026 33.1 C 6.40% | SPACE EX CLL OPT 09/26 152.500 -0.15% |
| SPY 09/10/2027 37.99 C 5.57% | SPACE EX CLL OPT 09/26 155 -1.85% |
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 | |||
|---|---|---|---|---|---|---|
| XPAY | YSPC | XPAY | YSPC | XPAY | YSPC | |
| 3 months | +2.0% | not published | 5.0% | not published | −0.3 pts | not published |
| 6 months | +17.8% | not published | 11.1% | not published | −0.2 pts | not published |
| 1 year | +15.7% | not published | 19.9% | not published | −0.9 pts | not published |
| Since launch | +34.7% | +6.4% | 37.5% | 10.9% | −2.3 pts | +5.3 pts |
| XPAY Roundhill S&P 500 Target 20 Managed Distribution ETF Option income on SPY, paying monthly | YSPC YieldMax(R) [SpaceX] Option Income Strategy ETF Synthetic covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | Roundhill | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as the proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 20.8% | 63.0% |
| Expense ratio | 0.49% | 1.01% |
| Cash paid, 1 year | 19.9% | 10.9% (since launch on Jul 15, 2026) |
| Price change, 1 year | −5.8% | −5.3% |
| Total return, 1 year | +15.7% | +6.4% (since launch on Jul 15, 2026) |
| Benchmark return, 1 year | +16.6% | +1.2% |
| Ahead or behind | −0.9 pts | +5.3 pts |
| Return of capital, latest estimate | not published | 0% |
| Age | 687 days | 65 days |
| Net assets | $179m | $32m |
XPAY in plain words
Over the year to Sep 18, 2026, XPAY paid 19.9% of its starting value in cash distributions while its price fell 5.8%. With every distribution reinvested, the fund returned +15.7%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid monthly.
YSPC in plain words
Over the period since launch on Jul 15, 2026 to Sep 18, 2026, YSPC paid 10.9% of its starting value in cash distributions while its price fell 5.3%. With every distribution reinvested, the fund returned +6.4%. S&P 500 (SPY), used as the proxy returned +1.2% over the same days, so a holder was ahead by 5.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 63.0%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, XPAY or YSPC?
- XPAY charges 0.49% a year and YSPC charges 1.01%, so XPAY 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, XPAY against YSPC, data as of Sep 18, 2026. https://etfiq.com/compare/income/xpay-vs-yspc Free to use with attribution; the underlying files are at Open data.