# USOY (Defiance Oil Enhanced Options Income ETF)

Defiance · Income ETFs · data as of Sep 18, 2026

Over the year to Sep 18, 2026, USOY paid 47.6% in cash and finished 11.6 points ahead of XLE.

## Key facts

- USOY, cash paid, 1 year, on its starting price: 47.6%, as of Sep 18, 2026.
- USOY, total return, 1 year: +59.4%, as of Sep 18, 2026.
- USOY, against XLE: +11.6 pts, as of Sep 18, 2026.
- USOY, return of capital, latest payout (Defiance estimate): 94.5%, as of Sep 18, 2026.
- USOY, net assets: $75m (the issuer’s own daily fund list, as of Sep 18, 2026).
- USOY, expense ratio: 1.12% (485BPOS XBRL, Dec 22, 2025).

## USOY over each window to Sep 18, 2026

| Window | Cash paid | Price | Total return | XLE | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 11.6% | +9.3% | +22.6% | +20.4% | +2.1 pts |
| 6 months | 21.4% | −13.3% | +10.5% | +9.9% | +0.6 pts |
| 1 year | 47.6% | −4.8% | +59.4% | +47.8% | +11.6 pts |
| Since launch | 81.9% | −61.3% | +67.0% | +47.1% | +19.9 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | option income | ETFIQ |
| Benchmark | Energy sector (XLE), used as the energy proxy (proxy) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $75m | the issuer’s own daily fund list, as of Sep 18, 2026 |
| Latest payout, annualized | 46.8% | ETFIQ |
| Expense ratio | 1.12% | 485BPOS XBRL, Dec 22, 2025 |
| Cash paid, last 12 months, over today’s price | 50.0% | ETFIQ |
| Launched | May 10, 2024 | ETFIQ |
| Return of capital, latest distribution | 94.5% | Defiance 19a-1 estimate |

## Questions

### How much has USOY paid over the last year?

Over the year to Sep 18, 2026, USOY paid 47.6% of its starting price in cash distributions, while the price fell 4.8%.

### Is USOY ahead of XLE?

Over the year to Sep 18, 2026, with every distribution reinvested, USOY returned +59.4% against +47.8% for Energy sector (XLE), used as the energy proxy, so a holder was ahead of it by 11.6 points.

### How often does USOY pay, and how much?

USOY pays weekly. The latest distribution annualizes to 46.8% at its price on Sep 18, 2026, which is not a promise; the next one can differ.

### Is the USOY distribution return of capital?

Defiance estimates 95% of the distribution paid Sep 18, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.

### What does USOY cost?

The prospectus expense ratio is 1.12% a year.


## Cite this page

ETFIQ, USOY, data as of Sep 18, 2026. https://etfiq.com/funds/usoy
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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