# OARK (YieldMax(R) Innovation Option Income Strategy ETF)

YieldMax · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, OARK paid 38.6% in cash and still finished 15.8 points behind QQQ.

## Key facts

- OARK, cash paid, 1 year, on its starting price: 38.6%, as of Sep 11, 2026.
- OARK, total return, 1 year: +7.2%, as of Sep 11, 2026.
- OARK, against QQQ: −15.8 pts, as of Sep 11, 2026.
- OARK, return of capital, latest payout (YieldMax estimate): 38.8%, as of Sep 11, 2026.
- OARK, net assets: $46m (issuer page, as of Sep 11, 2026).
- OARK, expense ratio: 1.00% (485BPOS XBRL, Feb 24, 2026).

## OARK over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | QQQ | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 9.6% | −4.6% | +5.1% | −0.8% | +5.9 pts |
| 6 months | 22.6% | −8.5% | +15.3% | +20.7% | −5.4 pts |
| 1 year | 38.6% | −33.3% | +7.2% | +23.0% | −15.8 pts |
| 3 years | 82.9% | −60.9% | +48.6% | +95.1% | −46.5 pts |
| Since launch | 89.2% | −71.1% | +53.5% | +153.2% | −99.6 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | synthetic covered call | ETFIQ |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy (proxy) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $46m | issuer page, as of Sep 11, 2026 |
| Latest payout, annualized | 37.1% | ETFIQ |
| Expense ratio | 1.00% | 485BPOS XBRL, Feb 24, 2026 |
| Cash paid, last 12 months, over today’s price | 57.8% | ETFIQ |
| Launched | Nov 23, 2022 | ETFIQ |
| Return of capital, latest distribution | 38.8% | YieldMax 19a-1 estimate |
| Pays | weekly | ETFIQ |
| Typical gap between ex-dates | 7 days | ETFIQ |
| Typical wait from ex-date to payment | 1 day | ETFIQ |
| Last paid, per share | $0.2065 ex Sep 10, 2026 | ETFIQ |
| Sum of the last 12 distributions | $2.6713 | ETFIQ |

## Questions

### How much has OARK paid over the last year?

Over the year to Sep 11, 2026, OARK paid 38.6% of its starting price in cash distributions, while the price fell 33.3%.

### Is OARK ahead of QQQ?

Over the year to Sep 11, 2026, with every distribution reinvested, OARK returned +7.2% against +23.0% for Nasdaq-100 (QQQ), used as the innovation proxy, so a holder was behind it by 15.8 points.

### How often does OARK pay, and how much?

OARK pays weekly. The latest distribution annualizes to 37.1% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### Is the OARK distribution return of capital?

YieldMax estimates 39% of the distribution paid Sep 11, 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 OARK next pay a distribution?

OARK pays weekly. The last distribution went ex on Sep 10, 2026 at $0.2065 a share. The issuer has set the next ex-date at Sep 17, 2026 but not the amount.

### What does OARK cost?

The prospectus expense ratio is 1.00% a year.


## Cite this page

ETFIQ, OARK, data as of Sep 11, 2026. https://etfiq.com/funds/oark
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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