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SDTY YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF

0DTE covered call on SPY, paying weekly

Over the year to Sep 11, 2026, SDTY paid 24.7% in cash and still finished 0.6 points behind SPY.

YieldMax · Income ETFs · data as of

Key facts

24.7%Cash paid, 1 year, on its starting price
+16.9%Total return, 1 year
−0.6 ptsAgainst SPY
62.5%Return of capital, latest payout (YieldMax estimate)

Method

ETFIQ Return Stability Score

50.079th of 161

SDTY paid 24.7% in cash. Its price fell 9.9%, so 40% of what you were paid came back out of your own capital.

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 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 ptsDUBS +4.0 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 ptsSDTY −0.6 ptsSDTY −0.6 pts−38.1 pts+24.6 pts

73.6% of the 161 sit at or below SDTY 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%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%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%SDTY −9.9%SDTY −9.9%−75.0%+68.6%

26.4% of the 161 sit at or below SDTY 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−0.6 pts73.650%
what happened to the principal−9.9%26.450%

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

8th of 68 income ETFs writing on SPY, by return against it

What a holder got

SDTY against SPYSDTY returned +16.9% with distributions reinvested against +17.5% for S&P 500 (SPY), a gap of −0.6 pts. Of that, 24.7% arrived as cash rather than price.+16.9%SDTY total return+17.5%S&P 500 (SPY)24.7% of it arrived as cash

Over the year to Sep 11, 2026, SDTY returned +16.9% with distributions reinvested and S&P 500 (SPY) returned +17.5%, so a holder came out behind it by 0.6 points. The lighter segment is the 24.7% that arrived as cash rather than as price.

Method

Period by period

SDTY over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months6.1%−1.7%+4.6%+3.3%+1.3 pts
6 months13.8%+0.2%+14.8%+16.0%−1.2 pts
1 year24.7%−9.9%+16.9%+17.5%−0.6 pts
Since launch35.1%−18.8%+21.9%+28.2%−6.3 pts

Method

When SDTY pays

SDTY pays weekly. The last distribution was $0.1647 a share, which went ex on Sep 9, 2026, with payment about 1 day later. The issuer has set the next ex-date at Sep 16, 2026, payable Sep 17, 2026, but has not declared the amount.

Expected distributions for SDTY. 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 16, 2026Sep 17, 2026$0.1647Date set by the issuer, amount not yet declared
Sep 23, 2026Sep 24, 2026$0.1647Date set by the issuer, amount not yet declared
Sep 30, 2026Oct 1, 2026$0.1647Date set by the issuer, amount not yet declared
Oct 7, 2026Oct 8, 2026$0.1647Date set by the issuer, amount not yet declared
Oct 14, 2026Oct 15, 2026$0.1647Date set by the issuer, amount not yet declared
Oct 21, 2026Oct 22, 2026$0.1647Date set by the issuer, amount not yet declared
Every distribution ETFIQ holds for SDTY (13, most recent first)
Cash distributions per share for SDTY. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 9, 2026$0.1647
Sep 2, 2026$0.1659
Aug 26, 2026$0.165
Aug 19, 2026$0.1667
Aug 12, 2026$0.2108
Aug 5, 2026$0.2119
Jul 29, 2026$0.2056
Jul 22, 2026$0.2055
Jul 15, 2026$0.2073
Jul 8, 2026$0.1991
Jul 1, 2026$0.2289
Jun 24, 2026$0.2069
Jun 17, 2026$0.208

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Feb 6, 2025, SDTY has returned +21.9% with distributions reinvested, against +28.2% for S&P 500 (SPY), and has paid out 35.1% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 21.0%. YieldMax estimates that 63% of the distribution paid Sep 10, 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.

SDTY (YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategy0DTE covered call
BenchmarkS&P 500 (SPY)
Paysweekly
Net assets (issuer page, as of Sep 11, 2026)$41m
Latest payout, annualized (ETFIQ)21.0%
Expense ratio (485BPOS XBRL, Nov 21, 2025)1.08%
Cash paid, last 12 months, over today’s price (ETFIQ)27.4%
LaunchedFeb 6, 2025
Return of capital, latest distribution (YieldMax 19a-1 estimate)62.5%
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.1647 ex Sep 9, 2026
Sum of the last 12 distributions$2.3383

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 SDTY paid over the last year?
Over the year to Sep 11, 2026, SDTY paid 24.7% of its starting price in cash distributions, while the price fell 9.9%.
Is SDTY ahead of SPY?
Over the year to Sep 11, 2026, with every distribution reinvested, SDTY returned +16.9% against +17.5% for S&P 500 (SPY), so a holder was behind it by 0.6 points.
How often does SDTY pay, and how much?
SDTY pays weekly. The latest distribution annualizes to 21.0% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
Is the SDTY distribution return of capital?
YieldMax estimates 63% of the distribution paid Sep 10, 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 SDTY next pay a distribution?
SDTY pays weekly. The last distribution went ex on Sep 9, 2026 at $0.1647 a share. The issuer has set the next ex-date at Sep 16, 2026 but not the amount.
What does SDTY cost?
The prospectus expense ratio is 1.08% 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.

Compare SDTY

Also against QYLD, XYLD, RYLD, DIVO, GPIX, GPIQ, TSLY, NVDY, MSTY, CONY, ULTY, YMAX, FEPI, XDTE, QDTE, AIPI, BALI, ISPY, AMZY, APLY, GOOY, MSFO, OARK, IVV, QQQ, SCHD, SPY, VOO, VTI, VYM.

Funds near this one

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SDTY payout bar, ETFIQ

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<p><a href="https://etfiq.com/funds/sdty">SDTY payout bar, updated daily by ETFIQ</a></p>

Where SDTY is written about

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

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

How these figures are computed · Standards and sources