Data as of . 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.
OARK · YieldMax(R) Innovation Option Income Strategy ETF
YieldMax · Income desk
Open the live card on ETFIQOver the year to Sep 4, 2026, OARK paid 39.3% of its starting value in cash distributions while its price fell 29.0%. With every distribution reinvested, the fund returned +13.3%. Nasdaq-100 (QQQ), used as the innovation proxy returned +25.6% over the same days, so a holder was behind by 12.3 pts. At its price on Sep 4, 2026 the latest distribution annualises to 40.3%, paid weekly. YieldMax estimates that 78% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
| Strategy | synthetic covered call |
|---|---|
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy (proxy) |
| Pays | weekly |
| Payout rate, annualised (ETFIQ) | 40.3% |
| Expense ratio (prospectus XBRL) | 1.00% |
| Cash paid, trailing 12 months (ETFIQ) | 55.3% |
| Launched | Nov 23, 2022 |
| 3 months: paid / price / total / QQQ / ahead or behind (ETFIQ) | 9.7% / −0.8% / +9.3% / +2.1% / +7.2 pts |
| 6 months: paid / price / total / QQQ / ahead or behind (ETFIQ) | 22.1% / −9.2% / +14.7% / +20.2% / −5.5 pts |
| 1 year: paid / price / total / QQQ / ahead or behind (ETFIQ) | 39.3% / −29.0% / +13.3% / +25.6% / −12.3 pts |
| 3 years: paid / price / total / QQQ / ahead or behind (ETFIQ) | 84.0% / −60.1% / +54.1% / +93.5% / −39.4 pts |
| since launch: paid / price / total / QQQ / ahead or behind (ETFIQ) | 89.0% / −70.2% / +57.2% / +154.6% / −97.4 pts |
| Return of capital, latest distribution (YieldMax 19a-1 estimate) | 78.4% |
Questions people ask
- How much has OARK paid over the last year?
- Over the year to Sep 4, 2026, OARK paid 39.3% of its starting price in cash distributions, while the price fell 29.0%.
- Is OARK ahead of QQQ?
- Over the year to Sep 4, 2026, with every distribution reinvested, OARK returned +13.3% against +25.6% for Nasdaq-100 (QQQ), used as the innovation proxy, so a holder was behind it by 12.3 points.
- How often does OARK pay, and how much?
- OARK pays weekly. The latest distribution annualises to 40.3% at its price on Sep 4, 2026, which is not a promise; the next one can differ.
- Is the OARK distribution return of capital?
- YieldMax estimates 78% of the distribution paid Sep 4, 2026 was return of capital. That is a tax characterisation from the fund's own 19a-1 notice, not a measure of erosion.
- What does OARK cost?
- The prospectus expense ratio is 1.00% a year.
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.
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<p><a href="https://etfiq.com/funds/OARK.html">OARK payout bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, OARK on the income desk, data as of Sep 4, 2026. https://etfiq.com/funds/OARK.html Free to use with attribution; the underlying files are at Open data.
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