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BUCK Simplify Treasury Option Income ETF

Option income on TLT, paying monthly

Over the year to Sep 11, 2026, BUCK paid 6.9% in cash and finished 10.9 points ahead of TLT.

Simplify · Income ETFs · data as of

Key facts

6.9%Cash paid, 1 year, on its starting price
+4.6%Total return, 1 year
+10.9 ptsAgainst TLT
6.2%Latest payout, annualized

Method

ETFIQ Return Stability Score

71.727th of 162

BUCK paid 6.9% in cash. Its price fell 2.5%, so 36% of what you were paid came back out of your own capital.

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

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsRMIF −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsLOCT −12.1 ptsRNTY −12.1 ptsAIPI −12.0 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsSRHR −9.7 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsRDTE −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsGPIQ −1.1 ptsQDTY −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsQYLG −0.3 ptsGPIX 0.0 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsKLIP +20.9 ptsNVYY +24.6 ptsBUCK +10.9 ptsBUCK +10.9 pts−38.1 pts+24.6 pts

98.5% of the 162 sit at or below BUCK on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%RDTE −19.4%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%QDTY −12.8%XDTE −12.8%AIPI −12.2%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%RMIF −3.9%XLFI −3.8%FGSI −3.2%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LOCT +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%SRHR +1.0%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%QYLG +2.8%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%GPIX +7.9%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%GPIQ +9.8%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%BUCK −2.5%BUCK −2.5%−75.0%+68.6%

44.8% of the 162 sit at or below BUCK on this measure.

Weighted evenly, those two positions are what the score combines, across the 162 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark+10.9 pts98.550%
what happened to the principal−2.5%44.850%

All income ETFs ranked by this score · How it is computed

1st of 4 income ETFs writing on TLT, by return against it 40th of 371 income ETFs by net assets

What a holder got

BUCK against TLTBUCK returned +4.6% with distributions reinvested against −6.4% for 20+ Year Treasury (TLT), a gap of +10.9 pts. Of that, 6.9% arrived as cash rather than price.+4.6%BUCK total return−6.4%20+ Year Treasury (TLT)6.9% of it arrived as cash

Over the year to Sep 11, 2026, BUCK returned +4.6% with distributions reinvested and 20+ Year Treasury (TLT) returned −6.4%, so a holder came out ahead of it by 10.9 points. The lighter segment is the 6.9% that arrived as cash rather than as price.

Method

Period by period

BUCK over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnTLTAhead or behind
3 months1.5%−0.7%+0.8%−4.6%+5.4 pts
6 months3.2%−1.2%+2.1%−4.4%+6.4 pts
1 year6.9%−2.5%+4.6%−6.4%+10.9 pts
3 years21.6%−7.1%+16.1%−2.6%+18.7 pts
Since launch25.4%−7.0%+20.7%−2.4%+23.1 pts

Method

When BUCK pays

BUCK pays monthly. The last distribution was $0.12 a share, which went ex on Aug 26, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Sep 25, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for BUCK. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 25, 2026Sep 28, 2026$0.12ETFIQ projection from the fund’s own cadence
Oct 26, 2026Oct 28, 2026$0.12ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for BUCK (13, most recent first)
Cash distributions per share for BUCK. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Aug 26, 2026$0.12
Jul 28, 2026$0.12
Jun 25, 2026$0.12
May 26, 2026$0.12
Apr 27, 2026$0.14
Mar 26, 2026$0.14
Feb 24, 2026$0.14
Jan 27, 2026$0.15
Dec 23, 2025$0.15
Nov 21, 2025$0.15
Oct 28, 2025$0.15
Sep 25, 2025$0.15
Aug 26, 2025$0.15

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Oct 28, 2022, BUCK has returned +20.7% with distributions reinvested, against −2.4% for 20+ Year Treasury (TLT), and has paid out 25.4% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 6.2%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

BUCK (Simplify Treasury Option Income ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategyoption income
Benchmark20+ Year Treasury (TLT)
Paysmonthly
Net assets (source, as filed for Jun 30, 2026)$471m
Latest payout, annualized (ETFIQ)6.2%
Expense rationot read by ETFIQ
Cash paid, last 12 months, over today’s price (ETFIQ)7.1%
LaunchedOct 28, 2022
Paysmonthly
Typical gap between ex-dates30 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.12 ex Aug 26, 2026
Sum of the last 12 distributions$1.65

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has BUCK paid over the last year?
Over the year to Sep 11, 2026, BUCK paid 6.9% of its starting price in cash distributions, while the price fell 2.5%.
Is BUCK ahead of TLT?
Over the year to Sep 11, 2026, with every distribution reinvested, BUCK returned +4.6% against −6.4% for 20+ Year Treasury (TLT), so a holder was ahead of it by 10.9 points.
How often does BUCK pay, and how much?
BUCK pays monthly. The latest distribution annualizes to 6.2% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does BUCK next pay a distribution?
BUCK pays monthly. The last distribution went ex on Aug 26, 2026 at $0.12 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Sep 25, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Funds near this one

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BUCK payout bar, ETFIQ

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Where BUCK is written about

BUCK, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open BUCK live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, BUCK, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/BUCK Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources