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DUBS Aptus Large Cap Enhanced Yield ETF

Option income on SPY, paying quarterly

Over the year to Sep 11, 2026, DUBS paid 2.3% in cash and finished 4.0 points ahead of SPY.

Aptus · Income ETFs · data as of

Key facts

2.3%Cash paid, 1 year, on its starting price
+21.5%Total return, 1 year
+4.0 ptsAgainst SPY
2.1%Latest payout, annualized

Method

ETFIQ Return Stability Score

94.13rd of 161

DUBS paid 2.3% in cash and its price rose 18.9%, 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 −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 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 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 ptsDUBS +4.0 ptsDUBS +4.0 pts−38.1 pts+24.6 pts

92.2% of the 161 sit at or below DUBS 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%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%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%DUBS +18.9%DUBS +18.9%−75.0%+68.6%

96% of the 161 sit at or below DUBS on this measure.

Weighted evenly, those two positions are what the score combines, across the 161 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+4.0 pts92.250%
what happened to the principal+18.9%9650%

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

2nd of 68 income ETFs writing on SPY, by return against it 56th of 354 income ETFs by net assets

What a holder got

DUBS against SPYDUBS returned +21.5% with distributions reinvested against +17.5% for S&P 500 (SPY), a gap of +4.0 pts. Of that, 2.3% arrived as cash rather than price.+21.5%DUBS total return+17.5%S&P 500 (SPY)2.3% cash

Over the year to Sep 11, 2026, DUBS returned +21.5% with distributions reinvested and S&P 500 (SPY) returned +17.5%, so a holder came out ahead of it by 4.0 points. The lighter segment is the 2.3% that arrived as cash rather than as price.

Method

Period by period

DUBS over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months0.6%+3.9%+4.5%+3.3%+1.2 pts
6 months1.2%+17.5%+18.8%+16.0%+2.8 pts
1 year2.3%+18.9%+21.5%+17.5%+4.0 pts
3 years9.0%+67.1%+79.4%+77.9%+1.6 pts
Since launch9.3%+71.7%+84.4%+82.1%+2.3 pts

Method

When DUBS pays

DUBS pays quarterly. The last distribution was $0.2257 a share, which went ex on Jun 29, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 91 days the ex-date falls near Sep 28, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for DUBS. 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 28, 2026Sep 30, 2026$0.2257ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for DUBS (12, most recent first)
Cash distributions per share for DUBS. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Jun 29, 2026$0.2257
Mar 30, 2026$0.1976
Dec 30, 2025$0.2104
Sep 29, 2025$0.1996
Jun 27, 2025$0.2088
Mar 28, 2025$0.1584
Dec 30, 2024$0.2492
Sep 27, 2024$0.2092
Jun 27, 2024$0.2004
Mar 26, 2024$0.1548
Dec 27, 2023$0.2271
Sep 27, 2023$0.0776

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Jun 14, 2023, DUBS has returned +84.4% with distributions reinvested, against +82.1% for S&P 500 (SPY), and has paid out 9.3% of its starting value in cash along the way. It pays quarterly, and at its current price the latest distribution annualizes to 2.1%. 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.

DUBS (Aptus Large Cap Enhanced Yield ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategyoption income
BenchmarkS&P 500 (SPY)
Paysquarterly
Net assets (SEC filing, whole fund, as filed for Apr 30, 2026)$353m
Latest payout, annualized (ETFIQ)2.1%
Expense ratio (485BPOS XBRL, Aug 26, 2026)0.40%
Cash paid, last 12 months, over today’s price (ETFIQ)1.9%
LaunchedJun 14, 2023
Paysquarterly
Typical gap between ex-dates91 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.2257 ex Jun 29, 2026
Sum of the last 12 distributions$2.3188

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 DUBS paid over the last year?
Over the year to Sep 11, 2026, DUBS paid 2.3% of its starting price in cash distributions, while the price rose 18.9%.
Is DUBS ahead of SPY?
Over the year to Sep 11, 2026, with every distribution reinvested, DUBS returned +21.5% against +17.5% for S&P 500 (SPY), so a holder was ahead of it by 4.0 points.
How often does DUBS pay, and how much?
DUBS pays quarterly. The latest distribution annualizes to 2.1% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does DUBS next pay a distribution?
DUBS pays quarterly. The last distribution went ex on Jun 29, 2026 at $0.2257 a share. The next is not declared; on a cadence of about 91 days the ex-date falls near Sep 28, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does DUBS cost?
The prospectus expense ratio is 0.40% 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.

Funds near this one

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DUBS payout bar, ETFIQ

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Where DUBS is written about

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

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

How these figures are computed · Standards and sources