ODTE VegaShares SPX NDX RTY Premium Income ETF
Covered call on SPY, paying weekly
Since its launch on Apr 2, 2026, ODTE paid 6.4% in cash and still finished 10.1 points behind SPY.
Key facts
What a holder got
Over the year to Sep 11, 2026, ODTE returned +6.7% with distributions reinvested and S&P 500 (SPY), used as a default proxy returned +16.8%, so a holder came out behind it by 10.1 points. The lighter segment is the 6.4% that arrived as cash rather than as price.
Period by period
| Window | Cash paid | Price | Total return | SPY | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 3.5% | −7.2% | −3.8% | +3.3% | −7.0 pts |
| Since launch | 6.4% | +0.5% | +6.7% | +16.8% | −10.1 pts |
When ODTE pays
ODTE pays weekly. The last distribution was $0.069 a share, which went ex on Sep 10, 2026 and was paid on Sep 11, 2026. The next has not been declared. On its own cadence of about 7 days the ex-date falls near Sep 17, 2026; that date is an ETFIQ projection, not the issuer’s.
| Ex-date | Pay date | Amount | Basis |
|---|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.069 | ETFIQ projection from the fund’s own cadence |
| Sep 24, 2026 | Sep 25, 2026 | $0.069 | ETFIQ projection from the fund’s own cadence |
| Oct 1, 2026 | Oct 2, 2026 | $0.069 | ETFIQ projection from the fund’s own cadence |
| Oct 8, 2026 | Oct 9, 2026 | $0.069 | ETFIQ projection from the fund’s own cadence |
| Oct 15, 2026 | Oct 16, 2026 | $0.069 | ETFIQ projection from the fund’s own cadence |
| Oct 22, 2026 | Oct 23, 2026 | $0.069 | ETFIQ projection from the fund’s own cadence |
Every distribution ETFIQ holds for ODTE (13, most recent first)
| Ex-date | Amount |
|---|---|
| Sep 10, 2026 | $0.069 |
| Sep 3, 2026 | $0.069 |
| Aug 27, 2026 | $0.071 |
| Aug 20, 2026 | $0.072 |
| Aug 13, 2026 | $0.075 |
| Aug 6, 2026 | $0.075 |
| Jul 30, 2026 | $0.074 |
| Jul 23, 2026 | $0.075 |
| Jul 16, 2026 | $0.074 |
| Jul 9, 2026 | $0.073 |
| Jul 2, 2026 | $0.072 |
| Jun 25, 2026 | $0.07 |
| Jun 18, 2026 | $0.0733 |
Every income ETF going ex-dividend in the next fortnight
In plain words
Since it launched on Apr 2, 2026, ODTE has returned +6.7% with distributions reinvested, against +16.8% for S&P 500 (SPY), used as a default proxy, and has paid out 6.4% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 14.3%. 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.
| Strategy | covered call |
|---|---|
| Benchmark | S&P 500 (SPY), used as a default proxy (proxy) |
| Pays | weekly |
| Net assets (SEC filing, whole fund, as filed for Jun 30, 2026) | $3m |
| Latest payout, annualized (ETFIQ) | 14.3% |
| Expense ratio (485BPOS XBRL, Mar 11, 2026) | 0.68% |
| Cash paid, last 12 months, over today’s price (ETFIQ) | 6.4% |
| Launched | Apr 2, 2026 |
| Pays | weekly |
| Typical gap between ex-dates | 7 days |
| Typical wait from ex-date to payment | 1 day |
| Last paid, per share | $0.069 ex Sep 10, 2026 |
| Sum of the last 12 distributions | $0.869 |
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 ODTE paid over the last year?
- Over the period from its launch on Apr 2, 2026 to Sep 11, 2026, ODTE paid 6.4% of its starting price in cash distributions, while the price rose 0.5%.
- Is ODTE ahead of SPY?
- Over the period from its launch on Apr 2, 2026 to Sep 11, 2026, with every distribution reinvested, ODTE returned +6.7% against +16.8% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 10.1 points.
- How often does ODTE pay, and how much?
- ODTE pays weekly. The latest distribution annualizes to 14.3% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
- When does ODTE next pay a distribution?
- ODTE pays weekly. The last distribution went ex on Sep 10, 2026 at $0.069 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Sep 17, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 1 day.
- What does ODTE cost?
- The prospectus expense ratio is 0.68% 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.
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Cite this page. ETFIQ, ODTE, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/odte Free to use with attribution; the underlying files are at Open data.