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SLTY YieldMax(R) Ultra Short Option Income Strategy ETF

Synthetic covered call on SPY, paying weekly

Over the year to Sep 11, 2026, SLTY paid 44.2% in cash and still finished 29.1 points behind SPY.

YieldMax · Income ETFs · data as of

Key facts

44.2%Cash paid, 1 year, on its starting price
−11.6%Total return, 1 year
−29.1 ptsAgainst SPY
54.9%Latest payout, annualized

Method

ETFIQ Return Stability Score

3.0162nd of 162

SLTY paid 44.2% in cash. Its price fell 54.4%, so 100% 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 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 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsSLTY −29.1 ptsSLTY −29.1 pts−38.1 pts+24.6 pts

1.5% of the 162 sit at or below SLTY 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%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%BUCK −2.5%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%SLTY −54.4%SLTY −54.4%−75.0%+68.6%

4.6% of the 162 sit at or below SLTY 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−29.1 pts1.550%
what happened to the principal−54.4%4.650%

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

69th of 71 income ETFs writing on SPY, by return against it

What a holder got

SLTY against SPYSLTY returned −11.6% with distributions reinvested against +17.5% for S&P 500 (SPY), used as a default proxy, a gap of −29.1 pts. Of that, 44.2% arrived as cash rather than price.−11.6%SLTY total return+17.5%S&P 500 (SPY), used as a default proxy

Over the year to Sep 11, 2026, SLTY returned −11.6% with distributions reinvested and S&P 500 (SPY), used as a default proxy returned +17.5%, so a holder came out behind it by 29.1 points. The lighter segment is the 44.2% that arrived as cash rather than as price.

Method

Period by period

SLTY over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months13.2%−12.2%+1.1%+3.3%−2.2 pts
6 months25.7%−29.5%−4.1%+16.0%−20.1 pts
1 year44.2%−54.4%−11.6%+17.5%−29.1 pts
Since launch42.7%−58.6%−17.4%+21.6%−39.0 pts

Method

When SLTY pays

SLTY pays weekly. The last distribution was $0.2187 a share, which went ex on Sep 9, 2026, with payment about 1 day later. The issuer has set the next ex-date at Sep 16, 2026, payable Sep 17, 2026, but has not declared the amount.

Expected distributions for SLTY. 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 16, 2026Sep 17, 2026$0.2187Date set by the issuer, amount not yet declared
Sep 23, 2026Sep 24, 2026$0.2187Date set by the issuer, amount not yet declared
Sep 30, 2026Oct 1, 2026$0.2187Date set by the issuer, amount not yet declared
Oct 7, 2026Oct 8, 2026$0.2187Date set by the issuer, amount not yet declared
Oct 14, 2026Oct 15, 2026$0.2187Date set by the issuer, amount not yet declared
Oct 21, 2026Oct 22, 2026$0.2187Date set by the issuer, amount not yet declared
Every distribution ETFIQ holds for SLTY (13, most recent first)
Cash distributions per share for SLTY. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 9, 2026$0.2187
Sep 2, 2026$0.2198
Aug 26, 2026$0.2193
Aug 19, 2026$0.2244
Aug 12, 2026$0.2262
Aug 5, 2026$0.2545
Jul 29, 2026$0.2372
Jul 22, 2026$0.2371
Jul 15, 2026$0.2415
Jul 8, 2026$0.246
Jul 1, 2026$0.2711
Jun 24, 2026$0.2532
Jun 17, 2026$0.2506

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Aug 21, 2025, SLTY has returned −17.4% with distributions reinvested, against +21.6% for S&P 500 (SPY), used as a default proxy, and has paid out 42.7% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 54.9%. 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.

SLTY (YieldMax(R) Ultra Short Option Income Strategy ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategysynthetic covered call
BenchmarkS&P 500 (SPY), used as a default proxy (proxy)
Paysweekly
Net assets (source, as filed for Apr 30, 2026)$19m
Latest payout, annualized (ETFIQ)54.9%
Expense rationot read by ETFIQ
Cash paid, last 12 months, over today’s price (ETFIQ)96.9%
LaunchedAug 21, 2025
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.2187 ex Sep 9, 2026
Sum of the last 12 distributions$2.849

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 SLTY paid over the last year?
Over the year to Sep 11, 2026, SLTY paid 44.2% of its starting price in cash distributions, while the price fell 54.4%.
Is SLTY ahead of SPY?
Over the year to Sep 11, 2026, with every distribution reinvested, SLTY returned −11.6% against +17.5% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 29.1 points.
How often does SLTY pay, and how much?
SLTY pays weekly. The latest distribution annualizes to 54.9% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does SLTY next pay a distribution?
SLTY pays weekly. The last distribution went ex on Sep 9, 2026 at $0.2187 a share. The issuer has set the next ex-date at Sep 16, 2026 but not the amount.

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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SLTY payout bar, ETFIQ

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<p><a href="https://etfiq.com/funds/SLTY">SLTY payout bar, updated daily by ETFIQ</a></p>

Where SLTY is written about

SLTY, 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 SLTY live on ETFIQ, where the figures refresh with the data.

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

How these figures are computed · Standards and sources