{
 "ticker": "ODTE",
 "name": "VegaShares SPX NDX RTY Premium Income ETF",
 "issuer": "VegaShares",
 "desk": "income",
 "url": "https://etfiq.com/funds/odte",
 "html": "https://etfiq.com/funds/odte",
 "markdown": "https://etfiq.com/funds/odte.md",
 "as_of": "2026-09-11",
 "verdict": "Since its launch on Apr 2, 2026, ODTE paid 6.4% in cash and still finished 10.1 points behind SPY.",
 "key_facts": [
  {
   "key": "cash_paid_since_launch_on_its_starting_price",
   "label": "Cash paid, since launch, on its starting price",
   "value": "6.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ODTE, cash paid, since launch, on its starting price: 6.4%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+6.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ODTE, total return, since launch: +6.7%, as of Sep 11, 2026."
  },
  {
   "key": "against_spy",
   "label": "Against SPY",
   "value": "\u221210.1 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ODTE, against SPY: \u221210.1 pts, as of Sep 11, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "14.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ODTE, latest payout, annualized: 14.3%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "ODTE, net assets: $3m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.68%",
   "source": "485BPOS XBRL, Mar 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "ODTE, expense ratio: 0.68% (485BPOS XBRL, Mar 11, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "S&P 500 (SPY), used as a default proxy (proxy)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "14.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.68%",
   "source": "485BPOS XBRL, Mar 11, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "6.4%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 2, 2026",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "7 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "1 day",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.069 ex Sep 10, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$0.869",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "3.5%",
   "Price": "\u22127.2%",
   "Total return": "\u22123.8%",
   "SPY": "+3.3%",
   "Ahead or behind": "\u22127.0 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "6.4%",
   "Price": "+0.5%",
   "Total return": "+6.7%",
   "SPY": "+16.8%",
   "Ahead or behind": "\u221210.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has ODTE paid over the last year?",
   "a": "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%."
  },
  {
   "q": "Is ODTE ahead of SPY?",
   "a": "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."
  },
  {
   "q": "How often does ODTE pay, and how much?",
   "a": "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."
  },
  {
   "q": "When does ODTE next pay a distribution?",
   "a": "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."
  },
  {
   "q": "What does ODTE cost?",
   "a": "The prospectus expense ratio is 0.68% a year."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}