ODTE · VegaShares SPX NDX RTY Premium Income ETF
Over the past year ODTE paid 6.1% in cash and still finished 9.9 points behind SPY.
What a holder got
Over the year to Sep 4, 2026, ODTE returned +7.9% with distributions reinvested and S&P 500 (SPY), used as a default proxy returned +17.7%, so a holder came out behind it by 9.9 points. The lighter segment is the 6.1% that arrived as cash rather than as price.
Period by period
| Window | Cash paid | Price | Total return | SPY | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 3.5% | −4.6% | −1.1% | +4.7% | −5.8 pts |
| Since launch | 6.1% | +1.8% | +7.9% | +17.7% | −9.9 pts |
In plain words
With every distribution reinvested, the fund returned +7.9%. S&P 500 (SPY), used as a default proxy returned +17.7% over the same days, so a holder was behind by 9.9 pts. At its price on Sep 4, 2026 the latest distribution annualises to 14.1%, paid weekly.
| Strategy | covered call |
|---|---|
| Benchmark | S&P 500 (SPY), used as a default proxy (proxy) |
| Pays | weekly |
| Net assets (SEC filing, whole fund, as filed for Jun 30, 2026) | $3m |
| Latest payout, annualised (ETFIQ) | 14.1% |
| Expense ratio (prospectus XBRL) | not published |
| Cash paid, trailing 12 months (ETFIQ) | 6.0% |
| Launched | Apr 2, 2026 |
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 this desk computes every figure
Questions people ask
- How much has ODTE paid over the last year?
- Over the period from its launch on Apr 2, 2026 to Sep 4, 2026, ODTE paid 6.1% of its starting price in cash distributions, while the price rose 1.8%.
- Is ODTE ahead of SPY?
- Over the period from its launch on Apr 2, 2026 to Sep 4, 2026, with every distribution reinvested, ODTE returned +7.9% against +17.7% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 9.9 points.
- How often does ODTE pay, and how much?
- ODTE pays weekly. The latest distribution annualises to 14.1% at its price on Sep 4, 2026, which is not a promise; the next one can differ.
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 characterisation, 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 this desk uses, defined in full on the income desk vocabulary page.
Funds near this one
Put this on your own page
The payout bar for ODTE, redrawn every trading night. Free to use with the credit link; paste these two lines into any page or newsletter.
<a href="https://etfiq.com/funds/ODTE.html"><img src="https://etfiq.com/embed/income/ODTE.svg" alt="ODTE payout bar, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/ODTE.html">ODTE payout bar, updated daily by ETFIQ</a></p>Use this data, or open the live card
Open ODTE on the live ETFIQ desk, where the figures update as the desk refreshes.
Cite this page. ETFIQ, ODTE on the income desk, data as of Sep 4, 2026. https://etfiq.com/funds/ODTE.html Free to use with attribution; the underlying files are at Open data.