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Data as of .

XYLD vs YMAX: which paid, and which earned it?

Over the year YMAX paid 39.0% of its price in cash against XYLD’s 11.0%, though XYLD returned more with it reinvested.

Global X S&P 500 Covered Call ETF and YieldMax(R) Universe Fund of Option Income ETFs, side by side, income ETFs on ETFIQ.

11.0%XYLD cash paid, 1 year
39.0%YMAX cash paid, 1 year
+17.9%XYLD total return, 1 year
−0.6%YMAX total return, 1 year

ETFIQ Return Stability Score: XYLD scores higher

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

XYLD 72.1YMAX 8.33.2, the lowest in this set96.9, the highest

A percentile among the 161 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

XYLD1.2 pts behind ACWI · 1 year to Sep 11, 2026
ACWI+19.1%XYLD+17.9%11.0% of it arrived as cash1.2 pts behind ACWITotal return, distributions reinvestedACWI+19.1%XYLD+17.9%11.0% cash1.2 pts behind ACWI
YMAX18.1 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%YMAX−0.6%18.1 pts behind SPYTotal return, distributions reinvestedSPY+17.5%YMAX−0.6%18.1 pts behind SPY

What they hold in common

By the books each fund has filed, XYLD and YMAX hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in XYLDOnly in YMAX
NVIDIA CORP 8.01%YieldMax AMD Option Income Strategy ETF 6.95%
APPLE INC 7.39%Yieldmax Amzn Option Income ETF 5.36%
MICROSOFT CORP 5.58%Yieldmax Tsm Option Income Strategy ETF 5.01%
AMAZON.COM INC 3.81%YieldMax Crypto Industry & Tec 4.99%
ALPHABET INC-CL A 3.01%YieldMax GOOGL Option Income S 4.88%
BROADCOM INC 2.60%YieldMax MARA Option Income Strategy ETF 4.80%
ALPHABET INC-CL C 2.40%YieldMax AI & Tech Portfolio Option Inco 4.72%
META PLATFORMS INC 2.16%YieldMax Semiconductor Portfolio Option 4.66%

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 Apr 30, 2026 and Sep 11, 2026.

Performance, window by window

XYLD and YMAX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
XYLDYMAXXYLDYMAXXYLDYMAX
3 months+5.0%+5.6%2.6%10.8%+1.9 pts+2.3 pts
6 months+10.5%+15.5%5.5%24.3%−5.1 pts−0.5 pts
1 year+17.9%−0.6%11.0%39.0%−1.2 pts−18.1 pts
3 years+43.2%not published32.9%not published−32.8 ptsnot published
Since launch+190.8%+41.0%112.9%91.3%−133.7 pts−25.7 pts
Open the live comparison on ETFIQ
XYLD and YMAX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
XYLD
Global X S&P 500 Covered Call ETF
Covered call on ACWI, paying monthly
YMAX
YieldMax(R) Universe Fund of Option Income ETFs
Synthetic covered call on SPY, paying weekly
IssuerGlobal XYieldMax
Strategycovered callsynthetic covered call
BenchmarkAll-country world (ACWI)S&P 500 (SPY), used as a default proxy
Paysmonthlyweekly
Payout rate, annualized9.0%41.6%
Expense ratio0.60%1.33%
Cash paid, 1 year11.0%39.0%
Price change, 1 year+5.9%−41.0%
Total return, 1 year+17.9%−0.6%
Benchmark return, 1 year+19.1%+17.5%
Ahead or behind−1.2 pts−18.1 pts
Return of capital, latest estimate93%68%
Age4827 days968 days

XYLD in plain words

Over the year to Sep 11, 2026, XYLD paid 11.0% of its starting value in cash distributions while its price rose 5.9%. With every distribution reinvested, the fund returned +17.9%. All-country world (ACWI) returned +19.1% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 9.0%, paid monthly. Global X estimates that 93% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

YMAX in plain words

Over the year to Sep 11, 2026, YMAX paid 39.0% of its starting value in cash distributions while its price fell 41.0%. With every distribution reinvested, the fund returned −0.6%. S&P 500 (SPY), used as a default proxy returned +17.5% over the same days, so a holder was behind by 18.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 41.6%, paid weekly. YieldMax estimates that 68% of the distribution paid Sep 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, XYLD or YMAX?
Over the year to Sep 11, 2026, XYLD paid 11.0% of its starting price in cash and YMAX paid 39.0%, so YMAX paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, XYLD or YMAX?
With every distribution reinvested, XYLD returned +17.9% and YMAX returned −0.6% over the year to Sep 11, 2026, so XYLD returned more.
Which is cheaper, XYLD or YMAX?
XYLD charges 0.60% a year and YMAX charges 1.33%, so XYLD 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.

XYLD against YMAX, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, XYLD against YMAX, data as of Sep 11, 2026. https://etfiq.com/compare/income/xyld-vs-ymax Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources