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HIYY YieldMax(R) HIMS Option Income Strategy ETF

Synthetic covered call on HIMS, paying weeklyYieldMax$13mPays weeklySince Sep 23, 2025Fund page at the issuer ↗SEC filings ↗Every YieldMax fund ETFIQ covers
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Over the year to Sep 30, 2026, HIYY paid 35.1% in cash and finished 4.7 points ahead of HIMS.

35.1%
Cash paid, 1 year, on its starting price
−42.8%
Total return, 1 year
+4.7 pts
Against HIMS
96.0%
Return of capital, latest payout (YieldMax estimate)
Where the return came from
Price change −33.0%Cash paid +17.2%, reinvested+4.3 pts vs HIMS

Over the 3 months to Sep 30, 2026, HIYY returned −16.4% with distributions reinvested and (HIMS) returned −20.7%, so a holder came out ahead of it by 4.3 points. The lighter segment is the 17.2% that arrived as cash rather than as price.

Price change −13.4%Cash paid +48.6%, reinvested−12.8 pts vs HIMS

Over the 6 months to Sep 30, 2026, HIYY returned +37.3% with distributions reinvested and (HIMS) returned +50.1%, so a holder came out behind it by 12.8 points. The lighter segment is the 48.6% that arrived as cash rather than as price.

Price change −75.6%Cash paid +35.1%, reinvested+4.7 pts vs HIMS

Over the 1 year to Sep 30, 2026, HIYY returned −42.8% with distributions reinvested and (HIMS) returned −47.5%, so a holder came out ahead of it by 4.7 points. The lighter segment is the 35.1% that arrived as cash rather than as price.

Price change −75.5%Cash paid +35.4%, reinvested+4.4 pts vs HIMS

Over the since launch to Sep 30, 2026, HIYY returned −42.4% with distributions reinvested and (HIMS) returned −46.8%, so a holder came out ahead of it by 4.4 points. The lighter segment is the 35.4% that arrived as cash rather than as price.

ETFIQ Return Stability Score
47.845th of 70

HIYY paid 35.1% in cash. Its price fell 75.6%, so 100% of what you were paid came back out of your own capital.

against its benchmark+4.7 pts · 82nd pct
what happened to the principal−75.6% · 14th pct
All 70 ranked by this score →How it is computed →

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

Against its benchmark
AMYY −243.2 ptsMRNY −201.5 ptsAMDY −85.3 ptsDIPS −37.9 ptsPLYY −31.3 ptsHOYY −24.5 ptsTQQY −23.3 ptsNVYY −21.7 ptsXOMO −19.1 ptsAZYY −16.4 ptsMTYY −15.8 ptsCOYY −14.0 ptsSMYY −13.9 ptsGOOP −13.8 ptsMSTW −12.5 ptsGMEY −12.2 ptsAPLY −12.1 ptsHOOW −11.2 ptsTSMY −10.7 ptsCOIW −10.3 ptsPLTW −10.0 ptsTSLW −8.8 ptsAMZP −8.5 ptsMARO −8.4 ptsNFLW −8.0 ptsGOOY −7.8 ptsYSPY −7.4 ptsFBY −6.1 ptsMETW −6.0 ptsMSFY −6.0 ptsXYZY −6.0 ptsAIYY −5.8 ptsHCOW −5.7 ptsSMCY −5.7 ptsAVGW −5.6 ptsTSYY −5.5 ptsNFLP −5.4 ptsMSFW −4.7 ptsSNOY −4.2 ptsAMZY −4.1 ptsTSLP −4.0 ptsAMZW −3.6 ptsBRKW −3.6 ptsPYPY −2.5 ptsNVDW −1.8 ptsAAPY −0.7 ptsBRKC +0.1 ptsDRAY +0.1 ptsTSII +0.1 ptsHOOY +1.2 ptsMSFO +1.5 ptsNVDY +1.5 ptsAAPW +1.6 ptsRBLY +2.0 ptsGOOW +2.6 ptsNVII +2.8 ptsNFLY +4.5 ptsPLTY +5.0 ptsMSTY +5.4 ptsCRCO +5.6 ptsCONY +6.0 ptsBABO +6.1 ptsRDYY +6.4 ptsTSLY +7.0 ptsCVNY +8.6 ptsCRSH +38.0 ptsAMDW +66.0 ptsFIAT +68.2 ptsWNTR +72.6 ptsHIYY +4.7 ptsHIYY +4.7 pts−243.2 pts+72.6 pts
−243.2 pts to +72.6 pts across 70 · Its percentile 82.1 · Weight 50%

82.1% of the 70 sit at or below HIYY on this measure.

What happened to the principal
MTYY −87.4%COYY −86.3%MSTW −84.2%RBLY −83.9%HOYY −81.6%MARO −79.3%COIW −77.9%MSTY −77.0%SMYY −76.7%CRCO −73.0%DRAY −72.6%TSYY −71.2%AIYY −70.8%CONY −70.8%RDYY −70.1%PLYY −67.8%HOOW −66.8%NFLW −65.7%SMCY −65.5%HOOY −64.2%BABO −62.5%NFLY −58.4%TSLW −58.2%CVNY −55.9%NFLP −55.9%TSII −55.8%TSLY −54.3%GMEY −53.8%NVYY −53.0%PYPY −52.6%PLTW −49.1%XYZY −48.3%WNTR −48.1%DIPS −46.8%PLTY −44.3%AMYY −43.9%FIAT −43.3%TSLP −41.0%AVGW −39.9%FBY −38.8%AZYY −37.9%METW −36.8%CRSH −36.5%TQQY −35.5%MSFW −30.1%MSFO −29.3%AMZY −27.9%SNOY −25.4%YSPY −25.1%NVDW −24.6%AMZW −24.4%NVDY −24.2%MSFY −23.5%NVII −22.7%BRKW −20.7%BRKC −18.8%GOOY −15.1%APLY −13.6%AMZP −12.4%XOMO −9.3%TSMY −7.9%HCOW −2.5%AAPW −0.6%GOOW −0.2%GOOP +11.2%AAPY +15.5%AMDY +33.3%AMDW +126.6%MRNY +127.2%HIYY −75.6%−75.6%−87.4%+127.2%
−87.4% to +127.2% across 70 · Its percentile 13.6 · Weight 50%

13.6% of the 70 sit at or below HIYY on this measure.

Weighted evenly, those two positions are what the score combines, across the 70 income ETFs writing on a single company. 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+4.7 pts82.150%
what happened to the principal−75.6%13.650%
WindowCash paidPriceTotal returnHIMSAhead or behind
3M Jul 1 – Sep 30, 202617.2%−33.0%−16.4%−20.7%+4.3 pts
6M Apr 1 – Sep 30, 202648.6%−13.4%+37.3%+50.1%−12.8 pts
1Y Sep 30, 2025 – Sep 30, 202635.1%−75.6%−42.8%−47.5%+4.7 pts
Since launch Sep 23, 2025 – Sep 30, 202635.4%−75.5%−42.4%−46.8%+4.4 pts

HIYY over each window to Sep 30, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

Jul 2026Weekly, per shareSep 2026

13 distributions for HIYY, $0.1334 to $0.3403 a share and $0.2361 in the middle, Jul 2, 2026 to Sep 24, 2026. 6 further ex-dates are expected with no amount the issuer has declared, so they are not drawn.

Latest
$0.1537
Ex Sep 24, 2026 · paid about 1 day later
Annualized
67.4%
At its price on Sep 30, 2026
Trailing 12 months
144.0%
Sum of the last 12: $2.7058
Return of capital
96.0%
Latest payout (YieldMax estimate)
Next, projected

HIYY pays weekly. The last distribution was $0.1537 a share, which went ex on Sep 24, 2026, with payment about 1 day later. The issuer has set the next ex-date at Oct 8, 2026, payable Oct 9, 2026, but has not declared the amount.

Oct 8, 2026 · pay Oct 9, 2026not declared Issuer date, amount not declared
Oct 15, 2026 · pay Oct 16, 2026not declared Issuer date, amount not declared
Oct 22, 2026 · pay Oct 23, 2026not declared Issuer date, amount not declared
Oct 29, 2026 · pay Oct 30, 2026not declared Issuer date, amount not declared
Nov 5, 2026 · pay Nov 6, 2026not declared Issuer date, amount not declared
Nov 12, 2026 · pay Nov 13, 2026not declared Issuer date, amount not declared

Expected distributions for HIYY. 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.

Every income ETF going ex-dividend in the next fortnight →
Every distribution ETFIQ holds for HIYY (13, most recent first)
Sep 24, 2026$0.1537
Sep 17, 2026$0.1334
Sep 10, 2026$0.1667
Sep 3, 2026$0.1835
Aug 27, 2026$0.25
Aug 20, 2026$0.1871
Aug 13, 2026$0.2204
Aug 6, 2026$0.247
Jul 30, 2026$0.2361
Jul 23, 2026$0.2605
Jul 16, 2026$0.3271
Jul 9, 2026$0.3403
Jul 2, 2026$0.3361

Cash distributions per share for HIYY. Source: ETFIQ from Tiingo end-of-day distributions.

Against its benchmark: +4.7 pts · 82nd pct, −243.2 pts to +72.6 pts across 70. What happened to the principal: −75.6% · 14th pct, −87.4% to +127.2% across 70. 82.1% of the 70 sit at or below HIYY on this measure.

Furthest aheadOne bar per fund · HIYY in whiteFurthest behind
All income ETFs ranked by this score →
Head to head
HIYY vs HMYY
Funds near this one
HMYY

In plain words

Since it launched on Sep 23, 2025, HIYY has returned −42.4% with distributions reinvested, against −46.8% for (HIMS), and has paid out 35.4% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 67.4%. YieldMax estimates that 96% of the distribution paid Oct 2, 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.
Strategysynthetic covered call
Benchmark(HIMS)
Paysweekly
Net assets (issuer page, as of Sep 30, 2026)$13m
Latest payout, annualized (ETFIQ)67.4%
Expense rationot read by ETFIQ
Cash paid, last 12 months, over today’s price (ETFIQ)144.0%
LaunchedSep 23, 2025
Return of capital, latest distribution (YieldMax 19a-1 estimate)96.0%
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.1537 ex Sep 24, 2026
Sum of the last 12 distributions$2.7058
HIYY (YieldMax(R) HIMS Option Income Strategy ETF), income ETFs fields as of Sep 30, 2026. Source: ETFIQ.
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 about HIYY

How much has HIYY paid over the last year?
Over the year to Sep 30, 2026, HIYY paid 35.1% of its starting price in cash distributions, while the price fell 75.6%.
Is HIYY ahead of HIMS?
Over the year to Sep 30, 2026, with every distribution reinvested, HIYY returned −42.8% against −47.5% for (HIMS), so a holder was ahead of it by 4.7 points.
How often does HIYY pay, and how much?
HIYY pays weekly. The latest distribution annualizes to 67.4% at its price on Sep 30, 2026, which is not a promise; the next one can differ.
Is the HIYY distribution return of capital?
YieldMax estimates 96% of the distribution paid Oct 2, 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 HIYY next pay a distribution?
HIYY pays weekly. The last distribution went ex on Sep 24, 2026 at $0.1537 a share. The issuer has set the next ex-date at Oct 8, 2026 but not the amount.
Sources and dates
Prices, HIYY and HIMSTiingo end-of-day · Sep 30, 2026
Fee, not read by ETFIQ
Net assets, $13mIssuer page · Sep 30, 2026
Return of capitalYieldMax 19a-1 distribution notice ↗
DistributionsTiingo end-of-day · 13 payments
All fund filingsFund filings on SEC EDGAR ↗
IssuerYieldMax page for HIYY ↗
SourceYieldMax 19a-1 distribution notice ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, HIYY, income ETFs, data as of Sep 30, 2026. https://etfiq.com/funds/hiyy

Open HIYY live on ETFIQ

The payout bar for HIYY, redrawn every trading night. Free to use with the credit link.

Free to use with attribution; the underlying files are at Open data.

Total return
Price change plus every distribution reinvested on the day it went ex-dividend. This is what you actually ended up with, and the only fair basis for comparing with an index.
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
Total return minus benchmark total return, in percentage points. A fund can pay 12% a year and still be behind by 10 points if its price fell while the index rose.
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
The fund owns the stocks and sells call options on them, collecting premium and giving up gains above the strike. Synthetic covered call funds hold options instead of the stocks. 0DTE funds sell options that expire the same day.
Autocallable
A fund that pays a coupon and can be called away early, on dates set when it launched. If it is called, you get your money back with the coupon and the run ends. If it is not, it runs on to the next date.
Barrier
The level the underlying has to stay above for you to be repaid in full. A barrier is not a buffer. A buffer takes the first slice of a fall for you; a barrier takes none of it once it breaks, so below it you take the whole fall rather than only the part past it.
Every term used here, defined in full on the income ETFs vocabulary page. →
What option-income ETFs paid and made, August 2026→YieldMax: every fund ETFIQ covers→Every single-stock income ETF against its own stock→The income ETFs that paid most as their price fell→