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SOXY YieldMax(R) Target 12(TM) Semiconductor Option Income ETF

Synthetic covered call on SMH, paying monthly

Over the year to Sep 18, 2026, SOXY paid 16.4% in cash and finished 3.5 points ahead of SMH.

YieldMax · Income ETFs · data as of

Key facts

16.4%Cash paid, 1 year, on its starting price
+84.9%Total return, 1 year
+3.5 ptsAgainst SMH
94.8%Return of capital, latest payout (YieldMax estimate)

Method

ETFIQ Return Stability Score

94.83rd of 173

SOXY paid 16.4% in cash and its price rose 64.1%, so the payout came out of returns rather than principal.

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

Against its benchmark
MLPD −35.8 ptsMDST −28.6 ptsEIPI −26.8 ptsBLOX −26.6 ptsYQQQ −25.3 ptsULTY −24.3 ptsSLTY −22.7 ptsGDXY −21.4 ptsTDVI −20.9 ptsTOPW −19.8 ptsHIGH −18.8 ptsACKY −17.9 ptsYMAX −16.8 ptsHISF −16.4 ptsNDIV −16.4 ptsSDVD −16.4 ptsWEEI −15.8 ptsOARK −15.2 ptsFDND −14.1 ptsSCLZ −14.0 ptsLFGY −13.6 ptsXLRI −13.6 ptsTCAL −13.5 ptsQRMI −13.3 ptsSLJY −13.2 ptsYYY −13.2 ptsYFYA −13.1 ptsHIPS −12.8 ptsJULH −12.1 ptsRNTY −12.0 ptsXLKI −12.0 ptsXBTY −11.8 ptsQUSA −11.7 ptsJULJ −11.5 ptsLJUL −11.5 ptsJANJ −11.4 ptsLJAN −11.4 ptsFGSI −11.3 ptsLOCT −11.2 ptsQLDY −11.2 ptsOCTJ −11.1 ptsCVRD −11.0 ptsIWMY −10.9 ptsJUCY −10.9 ptsAPRJ −10.5 ptsLAPR −10.5 ptsXISE −10.5 ptsXIJN −10.3 ptsAPRH −10.1 ptsJANH −10.1 ptsXIDE −10.1 ptsXLEI −10.0 ptsOCTH −9.9 ptsJEPI −9.5 ptsAIPI −9.4 ptsMAGY −9.4 ptsBAGY −9.2 ptsXIMR −9.1 ptsSRHR −8.8 ptsBUYW −8.1 ptsRDVI −8.0 ptsIAUI −7.7 ptsOVLH −7.5 ptsVEGA −7.2 ptsXV −7.1 ptsYBTC −7.1 ptsFTHI −6.9 ptsBITY −6.7 ptsXLVI −6.7 ptsXRMI −6.3 ptsIGLD −6.2 ptsFEPI −6.1 ptsYLDE −6.0 ptsGPTY −5.7 ptsKHPI −5.5 ptsQQQI −5.3 ptsSPIN −5.2 ptsTYLG −5.2 ptsSPUT −5.1 ptsETCO −4.8 ptsWTPI −4.6 ptsCAIE −4.1 ptsIQQQ −4.1 ptsPAPI −3.8 ptsBIGY −3.6 ptsJEPQ −3.2 ptsXLBI −3.2 ptsISPY −3.1 ptsIWMW −3.0 ptsWEEL −2.3 ptsGIAX −2.1 ptsDIVO −2.0 ptsKNG −1.6 ptsQDTY −1.6 ptsDFII −1.5 ptsRDTY −1.5 ptsTSPY −1.5 ptsYMAG −1.5 ptsBTCC −1.4 ptsNBOS −1.4 ptsNIHI −1.4 ptsEGGY −1.2 ptsSPYI −1.2 ptsRYLD −1.1 ptsRYLG −1.0 ptsXDTE −1.0 ptsXPAY −0.9 ptsSDTY −0.8 ptsWDTE −0.8 ptsJOYT −0.7 ptsQDTE −0.7 ptsKGLD −0.6 ptsQQQY −0.6 ptsRDTE −0.6 ptsTHTA −0.6 ptsXLII −0.6 ptsFTKI −0.5 ptsGPIQ −0.4 ptsFTQI −0.3 ptsSIXH −0.3 ptsDJIA +0.2 ptsLTTI +0.2 ptsDYLG +0.3 ptsGPIX +0.4 ptsXLFI +0.4 ptsQYLG +0.5 ptsHYBI +0.6 ptsHYTI +0.6 ptsIVVW +0.6 ptsLQTI +0.6 ptsXYLG +0.7 ptsTDAQ +1.0 ptsIWMI +1.1 ptsQYLD +1.2 ptsCSHI +1.3 ptsTLTX +1.3 ptsXYLD +1.4 ptsHYGW +1.5 ptsHYBL +1.6 ptsBNDI +1.7 ptsOVS +1.7 ptsPBP +1.9 ptsTLTI +1.9 ptsXLUI +1.9 ptsBALI +2.0 ptsBTCI +2.0 ptsCHPY +2.3 ptsOVB +2.3 ptsOVT +2.3 ptsYBIT +2.3 ptsITWO +2.4 ptsOVL +2.6 ptsYETH +2.8 ptsOVM +2.9 ptsTLTP +3.0 ptsDUBS +3.7 ptsLQDW +3.8 ptsXLYI +4.1 ptsTLTW +4.2 ptsOVF +4.5 ptsDOGG +4.6 ptsOMAH +4.9 ptsIDVO +5.2 ptsSEPI +5.2 ptsBCCC +5.9 ptsCEPI +6.0 ptsIDUB +7.2 ptsXLCI +7.9 ptsBUCK +9.6 ptsUSOY +11.6 ptsXLSI +12.5 ptsKLIP +22.5 ptsSOXY +3.5 ptsSOXY +3.5 pts−35.8 pts+22.5 pts

89.9% of the 173 sit at or below SOXY on this measure.

What happened to the principal
ETCO −75.5%XBTY −74.1%YETH −66.4%YBTC −60.1%BTCC −59.1%YBIT −58.9%BAGY −57.9%ULTY −54.1%BITY −51.5%SLTY −51.5%BCCC −48.5%BTCI −47.0%LFGY −44.7%DFII −43.7%BLOX −40.9%YMAX −40.7%TOPW −37.7%OARK −34.0%GDXY −33.1%KLIP −32.5%YMAG −28.1%YQQQ −25.7%MAGY −25.3%IWMY −24.9%CEPI −22.5%RDTY −21.8%RDTE −21.4%QLDY −20.3%QDTE −19.2%TLTX −18.5%EGGY −16.2%XLYI −15.5%ACKY −15.1%WDTE −14.8%QDTY −14.0%AIPI −13.8%TLTP −13.4%XDTE −13.4%QQQY −13.2%LTTI −12.6%XLUI −11.3%QUSA −11.0%SDTY −10.8%GIAX −10.5%FEPI −10.0%TLTW −9.9%LQTI −9.7%XLRI −9.4%TLTI −9.1%LQDW −8.8%XLCI −8.8%XV −8.8%YYY −8.8%TCAL −8.6%HIGH −8.3%FDND −8.2%GPTY −8.1%IGLD −7.9%RNTY −7.3%HIPS −7.0%HYTI −6.8%XLSI −6.5%OMAH −6.3%XLBI −6.3%IWMW −6.2%XLFI −6.2%HYGW −6.0%XPAY −5.8%HYBI −5.5%OVB −5.0%BNDI −4.9%USOY −4.8%HISF −4.7%OVT −4.3%QRMI −3.8%OVM −3.6%FGSI −3.2%HYBL −2.8%CAIE −2.5%JUCY −2.5%XRMI −2.4%BUCK −2.2%CVRD −2.2%MLPD −2.1%IAUI −2.0%IVVW −2.0%YFYA −1.7%JEPI −1.2%XLII −1.2%XIJN −0.9%WTPI −0.8%JULJ −0.6%XISE −0.6%CSHI −0.4%JULH −0.4%KNG −0.4%BIGY −0.3%LJUL −0.3%QQQI −0.1%TSPY −0.1%JANH 0.0%JANJ 0.0%LAPR 0.0%OCTH 0.0%XIDE 0.0%APRJ +0.1%LJAN +0.1%LOCT +0.1%OCTJ +0.1%APRH +0.3%FTHI +0.3%XIMR +0.5%WEEL +0.7%SRHR +1.0%SDVD +1.2%SPYI +1.2%IWMI +1.3%KHPI +1.5%BUYW +2.1%DJIA +2.4%QYLG +2.4%XYLG +2.6%YLDE +2.6%NIHI +2.8%RYLD +2.9%KGLD +3.4%TDAQ +3.4%DYLG +3.5%FTKI +3.8%XLVI +4.0%SCLZ +4.1%THTA +4.1%RYLG +4.2%PAPI +4.5%XLKI +4.6%PBP +5.5%JEPQ +5.7%SPIN +5.8%XYLD +5.9%NBOS +6.0%SPUT +6.0%DIVO +7.3%GPIX +7.4%ISPY +7.6%DOGG +8.0%FTQI +8.0%MDST +8.2%TDVI +8.2%OVF +8.3%OVS +8.5%OVLH +8.8%VEGA +8.9%QYLD +9.1%BALI +9.2%GPIQ +9.3%OVL +9.4%RDVI +9.6%ITWO +10.5%IQQQ +10.8%SLJY +12.3%EIPI +12.8%XLEI +12.8%SEPI +13.4%SIXH +14.1%IDVO +14.4%JOYT +15.2%WEEI +17.3%IDUB +17.4%DUBS +17.6%NDIV +20.4%CHPY +20.6%TYLG +20.6%SOXY +64.1%SOXY +64.1%−75.5%+64.1%

99.7% of the 173 sit at or below SOXY on this measure.

Weighted evenly, those two positions are what the score combines, across the 173 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+3.5 pts89.950%
what happened to the principal+64.1%99.750%

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

What a holder got

SOXY against SMHSOXY returned +84.9% with distributions reinvested against +81.3% for Semiconductors (SMH), a gap of +3.5 pts. Of that, 16.4% arrived as cash rather than price.+84.9%SOXY total return+81.3%Semiconductors (SMH)16.4% as cash

Over the year to Sep 18, 2026, SOXY returned +84.9% with distributions reinvested and Semiconductors (SMH) returned +81.3%, so a holder came out ahead of it by 3.5 points. The lighter segment is the 16.4% that arrived as cash rather than as price.

Method

Period by period

SOXY over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSMHAhead or behind
3 months2.5%−19.4%−16.9%−13.2%−3.7 pts
6 months8.4%+43.8%+52.4%+48.9%+3.5 pts
1 year16.4%+64.1%+84.9%+81.3%+3.5 pts
Since launch26.9%+80.9%+123.2%+132.4%−9.2 pts

Method

When SOXY pays

SOXY pays monthly. The last distribution was $0.8828 a share, which went ex on Sep 2, 2026, with payment about 2 days later. The issuer has set the next ex-date at Oct 7, 2026, payable Oct 8, 2026, but has not declared the amount.

Expected distributions for SOXY. 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
Oct 7, 2026Oct 8, 2026$0.8828Issuer date, amount not declared
Every distribution ETFIQ holds for SOXY (13, most recent first)
Cash distributions per share for SOXY. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 2, 2026$0.8828
Aug 5, 2026$0.8913
Jul 8, 2026$1.0369
Jun 3, 2026$1.0211
May 6, 2026$0.8297
Apr 8, 2026$0.6541
Mar 4, 2026$0.6733
Feb 4, 2026$0.6713
Dec 31, 2025$0.6045
Dec 3, 2025$0.5953
Nov 5, 2025$0.621
Oct 8, 2025$0.5895
Sep 3, 2025$0.5206

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Dec 3, 2024, SOXY has returned +123.2% with distributions reinvested, against +132.4% for Semiconductors (SMH), and has paid out 26.9% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 11.7%. YieldMax estimates that 95% of the distribution paid Sep 3, 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.

SOXY (YieldMax(R) Target 12(TM) Semiconductor Option Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategysynthetic covered call
BenchmarkSemiconductors (SMH)
Paysmonthly
Net assets (issuer page, as of Sep 18, 2026)$66m
Latest payout, annualized (ETFIQ)11.7%
Expense ratio (485BPOS XBRL, Nov 21, 2025)1.06%
Cash paid, last 12 months, over today’s price (ETFIQ)10.0%
LaunchedDec 3, 2024
Return of capital, latest distribution (YieldMax 19a-1 estimate)94.8%
Paysmonthly
Typical gap between ex-dates28 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.8828 ex Sep 2, 2026
Sum of the last 12 distributions$9.0708

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 SOXY paid over the last year?
Over the year to Sep 18, 2026, SOXY paid 16.4% of its starting price in cash distributions, while the price rose 64.1%.
Is SOXY ahead of SMH?
Over the year to Sep 18, 2026, with every distribution reinvested, SOXY returned +84.9% against +81.3% for Semiconductors (SMH), so a holder was ahead of it by 3.5 points.
How often does SOXY pay, and how much?
SOXY pays monthly. The latest distribution annualizes to 11.7% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
Is the SOXY distribution return of capital?
YieldMax estimates 95% of the distribution paid Sep 3, 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 SOXY next pay a distribution?
SOXY pays monthly. The last distribution went ex on Sep 2, 2026 at $0.8828 a share. The issuer has set the next ex-date at Oct 7, 2026 but not the amount.
What does SOXY cost?
The prospectus expense ratio is 1.06% 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 SOXY

Also against FINY, GPTY, HAKY, MDST, MLPD, NDIV, NUKX, SEMY, TDVI, TECY, TYLG, USOY, WEEI, WEPN, XLBI, XLCI, XLEI, XLFI, XLII, XLKI, XLSI, XLUI, XLVI, XLYI, YRAM.

Funds near this one

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SOXY payout bar, ETFIQ

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Where SOXY is written about

SOXY, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from 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 SOXY live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, SOXY, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/soxy Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources