# TEST (YieldMax(R) TSLA Performance & Distribution Target 25(TM) ETF)

YieldMax · Income ETFs · data as of Oct 2, 2026

Since its launch on Nov 18, 2025, TEST paid 19.2% in cash and finished 0.6 points ahead of TM.

## Key facts

- TEST, cash paid, since launch, on its starting price: 19.2%, as of Oct 2, 2026.
- TEST, total return, since launch: −6.8%, as of Oct 2, 2026.
- TEST, against TM: +0.6 pts, as of Oct 2, 2026.
- TEST, return of capital, latest payout (YieldMax estimate): 88.3%, as of Oct 2, 2026.
- TEST, net assets: $4m (issuer page, as of Oct 2, 2026).
- TEST, expense ratio: 1.04% (485BPOS XBRL, Oct 3, 2025).

## TEST over each window to Oct 2, 2026

| Window | Cash paid | Price | Total return | TM | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 5.5% | −14.2% | −8.6% | +4.0% | −12.6 pts |
| 6 months | 12.2% | −12.0% | −0.3% | −12.3% | +12.1 pts |
| Since launch | 19.2% | −24.6% | −6.8% | −7.4% | +0.6 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | synthetic covered call | ETFIQ |
| Benchmark | (TM) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $4m | issuer page, as of Oct 2, 2026 |
| Latest payout, annualized | 25.4% | ETFIQ |
| Expense ratio | 1.04% | 485BPOS XBRL, Oct 3, 2025 |
| Cash paid, last 12 months, over today’s price | 25.5% | ETFIQ |
| Launched | Nov 18, 2025 | ETFIQ |
| Return of capital, latest distribution | 88.3% | YieldMax 19a-1 estimate |
| Pays | weekly | ETFIQ |
| Typical gap between ex-dates | 7 days | ETFIQ |
| Typical wait from ex-date to payment | 1 day | ETFIQ |
| Last paid, per share | $0.1828 ex Sep 29, 2026 | ETFIQ |
| Sum of the last 12 distributions | $2.1868 | ETFIQ |

## Money in and out, to Oct 2, 2026

| Window | Dates | Net flow |
| --- | --- | --- |
| 1 day | Oct 2, 2026 | $0 |
| 1 week | Oct 2, 2026 | $0 |
| 1 month | Oct 2, 2026 | $0 |
| 3 months | Oct 2, 2026 | $0 |
| Year to date | Oct 2, 2026 | $0 |
| 1 year | Oct 2, 2026 | $0 |

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: https://etfiq.com/data/flows/funds/test.json. Method: https://etfiq.com/methodology/flows

## Questions

### 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.


## Cite this page

ETFIQ, TEST, data as of 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 https://etfiq.com/data/.

HTML: https://etfiq.com/funds/test  ·  JSON: https://etfiq.com/funds/test.json