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CHPY YieldMax(R) Semiconductor Portfolio Option Income ETF

Synthetic covered call on SMH, paying weekly

Over the year to Sep 18, 2026, CHPY paid 49.3% in cash and finished 2.3 points ahead of SMH.

YieldMax · Income ETFs · data as of

Key facts

49.3%Cash paid, 1 year, on its starting price
+83.7%Total return, 1 year
+2.3 ptsAgainst SMH
100.0%Return of capital, latest payout (YieldMax estimate)

Method

ETFIQ Return Stability Score

92.56th of 173

CHPY paid 49.3% in cash and its price rose 20.6%, so the payout came out of returns rather than principal.

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

Against its benchmark
MLPD −35.8 ptsMDST −28.6 ptsEIPI −26.8 ptsBLOX −26.6 ptsYQQQ −25.3 ptsULTY −24.3 ptsSLTY −22.7 ptsGDXY −21.4 ptsTDVI −20.9 ptsTOPW −19.8 ptsHIGH −18.8 ptsACKY −17.9 ptsYMAX −16.8 ptsHISF −16.4 ptsNDIV −16.4 ptsSDVD −16.4 ptsWEEI −15.8 ptsOARK −15.2 ptsFDND −14.1 ptsSCLZ −14.0 ptsLFGY −13.6 ptsXLRI −13.6 ptsTCAL −13.5 ptsQRMI −13.3 ptsSLJY −13.2 ptsYYY −13.2 ptsYFYA −13.1 ptsHIPS −12.8 ptsJULH −12.1 ptsRNTY −12.0 ptsXLKI −12.0 ptsXBTY −11.8 ptsQUSA −11.7 ptsJULJ −11.5 ptsLJUL −11.5 ptsJANJ −11.4 ptsLJAN −11.4 ptsFGSI −11.3 ptsLOCT −11.2 ptsQLDY −11.2 ptsOCTJ −11.1 ptsCVRD −11.0 ptsIWMY −10.9 ptsJUCY −10.9 ptsAPRJ −10.5 ptsLAPR −10.5 ptsXISE −10.5 ptsXIJN −10.3 ptsAPRH −10.1 ptsJANH −10.1 ptsXIDE −10.1 ptsXLEI −10.0 ptsOCTH −9.9 ptsJEPI −9.5 ptsAIPI −9.4 ptsMAGY −9.4 ptsBAGY −9.2 ptsXIMR −9.1 ptsSRHR −8.8 ptsBUYW −8.1 ptsRDVI −8.0 ptsIAUI −7.7 ptsOVLH −7.5 ptsVEGA −7.2 ptsXV −7.1 ptsYBTC −7.1 ptsFTHI −6.9 ptsBITY −6.7 ptsXLVI −6.7 ptsXRMI −6.3 ptsIGLD −6.2 ptsFEPI −6.1 ptsYLDE −6.0 ptsGPTY −5.7 ptsKHPI −5.5 ptsQQQI −5.3 ptsSPIN −5.2 ptsTYLG −5.2 ptsSPUT −5.1 ptsETCO −4.8 ptsWTPI −4.6 ptsCAIE −4.1 ptsIQQQ −4.1 ptsPAPI −3.8 ptsBIGY −3.6 ptsJEPQ −3.2 ptsXLBI −3.2 ptsISPY −3.1 ptsIWMW −3.0 ptsWEEL −2.3 ptsGIAX −2.1 ptsDIVO −2.0 ptsKNG −1.6 ptsQDTY −1.6 ptsDFII −1.5 ptsRDTY −1.5 ptsTSPY −1.5 ptsYMAG −1.5 ptsBTCC −1.4 ptsNBOS −1.4 ptsNIHI −1.4 ptsEGGY −1.2 ptsSPYI −1.2 ptsRYLD −1.1 ptsRYLG −1.0 ptsXDTE −1.0 ptsXPAY −0.9 ptsSDTY −0.8 ptsWDTE −0.8 ptsJOYT −0.7 ptsQDTE −0.7 ptsKGLD −0.6 ptsQQQY −0.6 ptsRDTE −0.6 ptsTHTA −0.6 ptsXLII −0.6 ptsFTKI −0.5 ptsGPIQ −0.4 ptsFTQI −0.3 ptsSIXH −0.3 ptsDJIA +0.2 ptsLTTI +0.2 ptsDYLG +0.3 ptsGPIX +0.4 ptsXLFI +0.4 ptsQYLG +0.5 ptsHYBI +0.6 ptsHYTI +0.6 ptsIVVW +0.6 ptsLQTI +0.6 ptsXYLG +0.7 ptsTDAQ +1.0 ptsIWMI +1.1 ptsQYLD +1.2 ptsCSHI +1.3 ptsTLTX +1.3 ptsXYLD +1.4 ptsHYGW +1.5 ptsHYBL +1.6 ptsBNDI +1.7 ptsOVS +1.7 ptsPBP +1.9 ptsTLTI +1.9 ptsXLUI +1.9 ptsBALI +2.0 ptsBTCI +2.0 ptsOVB +2.3 ptsOVT +2.3 ptsYBIT +2.3 ptsITWO +2.4 ptsOVL +2.6 ptsYETH +2.8 ptsOVM +2.9 ptsTLTP +3.0 ptsSOXY +3.5 ptsDUBS +3.7 ptsLQDW +3.8 ptsXLYI +4.1 ptsTLTW +4.2 ptsOVF +4.5 ptsDOGG +4.6 ptsOMAH +4.9 ptsIDVO +5.2 ptsSEPI +5.2 ptsBCCC +5.9 ptsCEPI +6.0 ptsIDUB +7.2 ptsXLCI +7.9 ptsBUCK +9.6 ptsUSOY +11.6 ptsXLSI +12.5 ptsKLIP +22.5 ptsCHPY +2.3 ptsCHPY +2.3 pts−35.8 pts+22.5 pts

86.4% of the 173 sit at or below CHPY on this measure.

What happened to the principal
ETCO −75.5%XBTY −74.1%YETH −66.4%YBTC −60.1%BTCC −59.1%YBIT −58.9%BAGY −57.9%ULTY −54.1%BITY −51.5%SLTY −51.5%BCCC −48.5%BTCI −47.0%LFGY −44.7%DFII −43.7%BLOX −40.9%YMAX −40.7%TOPW −37.7%OARK −34.0%GDXY −33.1%KLIP −32.5%YMAG −28.1%YQQQ −25.7%MAGY −25.3%IWMY −24.9%CEPI −22.5%RDTY −21.8%RDTE −21.4%QLDY −20.3%QDTE −19.2%TLTX −18.5%EGGY −16.2%XLYI −15.5%ACKY −15.1%WDTE −14.8%QDTY −14.0%AIPI −13.8%TLTP −13.4%XDTE −13.4%QQQY −13.2%LTTI −12.6%XLUI −11.3%QUSA −11.0%SDTY −10.8%GIAX −10.5%FEPI −10.0%TLTW −9.9%LQTI −9.7%XLRI −9.4%TLTI −9.1%LQDW −8.8%XLCI −8.8%XV −8.8%YYY −8.8%TCAL −8.6%HIGH −8.3%FDND −8.2%GPTY −8.1%IGLD −7.9%RNTY −7.3%HIPS −7.0%HYTI −6.8%XLSI −6.5%OMAH −6.3%XLBI −6.3%IWMW −6.2%XLFI −6.2%HYGW −6.0%XPAY −5.8%HYBI −5.5%OVB −5.0%BNDI −4.9%USOY −4.8%HISF −4.7%OVT −4.3%QRMI −3.8%OVM −3.6%FGSI −3.2%HYBL −2.8%CAIE −2.5%JUCY −2.5%XRMI −2.4%BUCK −2.2%CVRD −2.2%MLPD −2.1%IAUI −2.0%IVVW −2.0%YFYA −1.7%JEPI −1.2%XLII −1.2%XIJN −0.9%WTPI −0.8%JULJ −0.6%XISE −0.6%CSHI −0.4%JULH −0.4%KNG −0.4%BIGY −0.3%LJUL −0.3%QQQI −0.1%TSPY −0.1%JANH 0.0%JANJ 0.0%LAPR 0.0%OCTH 0.0%XIDE 0.0%APRJ +0.1%LJAN +0.1%LOCT +0.1%OCTJ +0.1%APRH +0.3%FTHI +0.3%XIMR +0.5%WEEL +0.7%SRHR +1.0%SDVD +1.2%SPYI +1.2%IWMI +1.3%KHPI +1.5%BUYW +2.1%DJIA +2.4%QYLG +2.4%XYLG +2.6%YLDE +2.6%NIHI +2.8%RYLD +2.9%KGLD +3.4%TDAQ +3.4%DYLG +3.5%FTKI +3.8%XLVI +4.0%SCLZ +4.1%THTA +4.1%RYLG +4.2%PAPI +4.5%XLKI +4.6%PBP +5.5%JEPQ +5.7%SPIN +5.8%XYLD +5.9%NBOS +6.0%SPUT +6.0%DIVO +7.3%GPIX +7.4%ISPY +7.6%DOGG +8.0%FTQI +8.0%MDST +8.2%TDVI +8.2%OVF +8.3%OVS +8.5%OVLH +8.8%VEGA +8.9%QYLD +9.1%BALI +9.2%GPIQ +9.3%OVL +9.4%RDVI +9.6%ITWO +10.5%IQQQ +10.8%SLJY +12.3%EIPI +12.8%XLEI +12.8%SEPI +13.4%SIXH +14.1%IDVO +14.4%JOYT +15.2%WEEI +17.3%IDUB +17.4%DUBS +17.6%NDIV +20.4%TYLG +20.6%SOXY +64.1%CHPY +20.6%CHPY +20.6%−75.5%+64.1%

98.6% of the 173 sit at or below CHPY on this measure.

Weighted evenly, those two positions are what the score combines, across the 173 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+2.3 pts86.450%
what happened to the principal+20.6%98.650%

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

22nd of 369 income ETFs by net assets

What a holder got

CHPY against SMHCHPY returned +83.7% with distributions reinvested against +81.3% for Semiconductors (SMH), a gap of +2.3 pts. Of that, 49.3% arrived as cash rather than price.+83.7%CHPY total return+81.3%Semiconductors (SMH)49.3% of it arrived as cash

Over the year to Sep 18, 2026, CHPY returned +83.7% with distributions reinvested and Semiconductors (SMH) returned +81.3%, so a holder came out ahead of it by 2.3 points. The lighter segment is the 49.3% that arrived as cash rather than as price.

Method

Period by period

CHPY over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSMHAhead or behind
3 months8.8%−23.9%−15.2%−13.2%−2.0 pts
6 months27.5%+19.7%+48.5%+48.9%−0.5 pts
1 year49.3%+20.6%+83.7%+81.3%+2.3 pts
Since launch79.7%+46.0%+164.7%+193.9%−29.2 pts

Method

When CHPY pays

CHPY pays weekly. The last distribution was $0.7373 a share, which went ex on Sep 16, 2026, with payment about 1 day later. The issuer has set the next ex-date at Sep 23, 2026, payable Sep 24, 2026, but has not declared the amount.

Expected distributions for CHPY. 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 23, 2026Sep 24, 2026$0.7373Issuer date, amount not declared
Sep 30, 2026Oct 1, 2026$0.7373Issuer date, amount not declared
Oct 7, 2026Oct 8, 2026$0.7373Issuer date, amount not declared
Oct 14, 2026Oct 15, 2026$0.7373Issuer date, amount not declared
Oct 21, 2026Oct 22, 2026$0.7373Issuer date, amount not declared
Oct 28, 2026Oct 29, 2026$0.7373Issuer date, amount not declared
Every distribution ETFIQ holds for CHPY (13, most recent first)
Cash distributions per share for CHPY. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 16, 2026$0.7373
Sep 9, 2026$0.5165
Sep 2, 2026$0.5132
Aug 26, 2026$0.5177
Aug 19, 2026$0.5702
Aug 12, 2026$0.5472
Aug 5, 2026$0.5292
Jul 29, 2026$0.5428
Jul 22, 2026$0.547
Jul 15, 2026$0.5925
Jul 8, 2026$0.6274
Jul 1, 2026$0.6672
Jun 24, 2026$0.7754

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Apr 3, 2025, CHPY has returned +164.7% with distributions reinvested, against +193.9% for Semiconductors (SMH), and has paid out 79.7% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 57.5%. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

CHPY (YieldMax(R) Semiconductor Portfolio Option Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategysynthetic covered call
BenchmarkSemiconductors (SMH)
Paysweekly
Net assets (issuer page, as of Sep 18, 2026)$1.2bn
Latest payout, annualized (ETFIQ)57.5%
Expense ratio (485BPOS XBRL, Nov 21, 2025)1.03%
Cash paid, last 12 months, over today’s price (ETFIQ)40.9%
LaunchedApr 3, 2025
Return of capital, latest distribution (YieldMax 19a-1 estimate)100.0%
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.7373 ex Sep 16, 2026
Sum of the last 12 distributions$6.9082

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 CHPY paid over the last year?
Over the year to Sep 18, 2026, CHPY paid 49.3% of its starting price in cash distributions, while the price rose 20.6%.
Is CHPY ahead of SMH?
Over the year to Sep 18, 2026, with every distribution reinvested, CHPY returned +83.7% against +81.3% for Semiconductors (SMH), so a holder was ahead of it by 2.3 points.
How often does CHPY pay, and how much?
CHPY pays weekly. The latest distribution annualizes to 57.5% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
Is the CHPY distribution return of capital?
YieldMax estimates 100% of the distribution paid Sep 17, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does CHPY next pay a distribution?
CHPY pays weekly. The last distribution went ex on Sep 16, 2026 at $0.7373 a share. The issuer has set the next ex-date at Sep 23, 2026 but not the amount.
What does CHPY cost?
The prospectus expense ratio is 1.03% a year.

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.

Compare CHPY

Also against GPTY, HAKY, MDST, MLPD, NDIV, NUKX, SEMY, SOXY, TDVI, TECY, TYLG, USOY, WEEI, WEPN, XLBI, XLCI, XLEI, XLFI, XLII, XLKI, XLSI, XLUI, XLVI, XLYI, YRAM.

Funds near this one

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CHPY payout bar, ETFIQ

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Where CHPY is written about

CHPY, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from 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 CHPY live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, CHPY, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/chpy Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources