TEST YieldMax(R) TSLA Performance & Distribution Target 25(TM) ETF
Since its launch on Nov 18, 2025, TEST paid 19.2% in cash and finished 0.6 points ahead of TM.
Over the 3 months to Oct 2, 2026, TEST returned −8.6% with distributions reinvested and (TM) returned +4.0%, so a holder came out behind it by 12.6 points. The lighter segment is the 5.5% that arrived as cash rather than as price.
0.0%
Over the 6 months to Oct 2, 2026, TEST returned −0.3% with distributions reinvested and (TM) returned −12.3%, so a holder came out ahead of it by 12.1 points. The lighter segment is the 12.2% that arrived as cash rather than as price.
1.3%
From launch to Oct 2, 2026, TEST returned −6.8% with distributions reinvested and (TM) returned −7.4%, so a holder came out ahead of it by 0.6 points. The lighter segment is the 19.2% that arrived as cash rather than as price.
0.0%
| Window | Cash paid | Price | Total return | TM | Ahead or behind |
|---|---|---|---|---|---|
| 3M Jul 2 – Oct 2, 2026 | 5.5% | −14.2% | −8.6% | +4.0% | −12.6 pts |
| 6M Apr 2 – Oct 2, 2026 | 12.2% | −12.0% | −0.3% | −12.3% | +12.1 pts |
| Since launch Nov 18, 2025 – Oct 2, 2026 | 19.2% | −24.6% | −6.8% | −7.4% | +0.6 pts |
TEST over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
13 distributions for TEST, $0.1667 to $0.2261 a share and $0.1788 in the middle, Jul 7, 2026 to Sep 29, 2026. 6 further ex-dates are expected with no amount the issuer has declared, so they are not drawn.
TEST pays weekly. The last distribution was $0.1828 a share, which went ex on Sep 29, 2026, with payment about 1 day later. The issuer has set the next ex-date at Oct 6, 2026, payable Oct 7, 2026, but has not declared the amount.
Expected distributions for TEST. 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.
Cash distributions per share for TEST. Source: ETFIQ from Tiingo end-of-day distributions.
In the year to Oct 2, 2026, nothing net came in or went out; in the month to Oct 2, 2026, nothing net came in or went out.
TEST, net flow each day in the month to Oct 2, 2026: money came in on 0 days and went out on 0 days, a net $0 over the 1 month.
TEST, net flow each day in the three months to Oct 2, 2026: money came in on 0 days and went out on 0 days, a net $0 over the 3 months.
TEST, net flow each week in the year to Oct 2, 2026: money came in on 0 weeks and went out on 0 weeks, a net $0 over the 1 year.
Computed by ETFIQ from YieldMax’s daily figures: each day’s change in shares outstanding times the previous day’s net asset value, dated to the day of the count. Each figure is net, money in less money out.
Net flow into TEST each trading day, Oct 2, 2026, most recent first. Computed by ETFIQ from YieldMax’s daily figures.
Net flow into TEST each week, Oct 2, 2026, most recent first, each week named by its last trading day with a figure. Computed by ETFIQ.
TEST, net flow each month from Nov 2025 to Oct 2026: money came in in 2 months and went out in 0 months.
Net flow into TEST each month, most recent first. A month from SEC Form N-PORT is sales and reinvestments less redemptions as filed; a later month is the sum of its days, and says so where a day is missing.
Every day and month ETFIQ holds for TEST, back to 2019, is in its flows file. Flows across every fund · How these flows are computed
In plain words
Questions people ask about TEST
- How much has TEST paid over the last year?
- Over the period from its launch on Nov 18, 2025 to Oct 2, 2026, TEST paid 19.2% of its starting price in cash distributions, while the price fell 24.6%.
- Is TEST ahead of TM?
- Over the period from its launch on Nov 18, 2025 to Oct 2, 2026, with every distribution reinvested, TEST returned −6.8% against −7.4% for (TM), so a holder was ahead of it by 0.6 points.
- How often does TEST pay, and how much?
- TEST pays weekly. The latest distribution annualizes to 25.4% at its price on Oct 2, 2026, which is not a promise; the next one can differ.
- Is the TEST distribution return of capital?
- YieldMax estimates 88% of the distribution paid Sep 30, 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 TEST next pay a distribution?
- TEST pays weekly. The last distribution went ex on Sep 29, 2026 at $0.1828 a share. The issuer has set the next ex-date at Oct 6, 2026 but not the amount.
- What does TEST cost?
- The prospectus expense ratio is 1.04% a year.
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
ETFIQ, TEST, income ETFs, data as of Oct 2, 2026. https://etfiq.com/funds/test
ETFIQ. (Oct 2, 2026). TEST, income ETFs. Retrieved from https://etfiq.com/funds/test
[TEST, income ETFs (ETFIQ, Oct 2, 2026)](https://etfiq.com/funds/test)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.