Answered from ETFIQ data as of .
What is an option income ETF?
A fund that holds an index or a single stock, sells options against it, and pays out what those options earned. ETFIQ tracks 369 of them. The payout is the point and it is not the whole story: over the year to Sep 18, 2026, 71 of the 238 with a full year finished ahead of the thing they write options on once the cash and the price are counted together.
Selling an option is selling away the upside above a level in exchange for a premium today. In a flat or gently falling market that trade pays well. In a strong rally it caps you out, and the fund holds an asset that rose less than the one it is written on while the cash keeps arriving.
That is why a big payout rate cannot be read on its own. A fund paying 40% a year whose price fell 35% has handed a holder back their own money and called it income. Total return counts the cash and the price together, which is the number that says what happened.
Part of a distribution can also be return of capital, which is the fund giving back principal rather than paying out earnings. ETFIQ reads that from each fund's own 19a-1 notice where the issuer files one, and prints it beside the payout rather than under it.
On ETFIQ today
| Ticker | Fund | Issuer | Cash paid 1Y | Price change 1Y | Total return 1Y | Ahead or behind |
|---|---|---|---|---|---|---|
| AMDW | Roundhill AMD WeeklyPay ETF | Roundhill | 106.4% | +110.0% | +312.9% | +58.4 pts |
| MRNY | YieldMax(R) MRNA Option Income Strategy ETF | YieldMax | 93.8% | +93.6% | +356.5% | −148.8 pts |
| AMDY | YieldMax(R) AMD Option Income Strategy ETF | YieldMax | 93.2% | +28.6% | +178.3% | −76.2 pts |
| WNTR | YieldMax(R) MSTR Short Option Income Strategy ETF | YieldMax | 88.7% | −51.3% | +22.8% | +78.8 pts |
| AMYY | GraniteShares YieldBOOST AMD ETF | GraniteShares | 69.6% | −44.7% | +36.3% | −218.2 pts |
| FIAT | YieldMax(R) Short COIN Option Income Strategy ETF | YieldMax | 67.8% | −45.5% | +17.4% | +60.8 pts |
| TSYY | GraniteShares YieldBOOST TSLA ETF | GraniteShares | 59.5% | −70.1% | −19.4% | −6.8 pts |
| NVYY | GraniteShares YieldBOOST NVDA ETF | GraniteShares | 58.5% | −52.3% | +5.5% | −20.9 pts |
| CVNY | YieldMax(R) CVNA Option Income Strategy ETF | YieldMax | 50.6% | −54.5% | −6.7% | +7.2 pts |
| GDXY | YieldMax(R) Gold Miners Option Income Strategy ETF | YieldMax | 50.1% | −33.1% | +18.4% | −21.4 pts |
| TSMY | YieldMax(R) TSM Option Income Strategy ETF | YieldMax | 50.0% | −8.1% | +53.1% | −10.3 pts |
| CHPY | YieldMax(R) Semiconductor Portfolio Option Income ETF | YieldMax | 49.3% | +20.6% | +83.7% | +2.3 pts |
| SNOY | YieldMax(R) SNOW Option Income Strategy ETF | YieldMax | 49.3% | −24.8% | +45.9% | −3.8 pts |
| TSLY | YieldMax(R) TSLA Option Income Strategy ETF | YieldMax | 48.8% | −49.5% | −5.1% | +7.5 pts |
| CRSH | YieldMax(R) Short TSLA Option Income Strategy ETF | YieldMax | 48.0% | −39.8% | +10.6% | +23.2 pts |
| USOY | Defiance Oil Enhanced Options Income ETF | Defiance | 47.6% | −4.8% | +59.4% | +11.6 pts |
| HOOY | YieldMax(R) HOOD Option Income Strategy ETF | YieldMax | 47.5% | −56.4% | −4.3% | −3.4 pts |
| SMCY | YieldMax(R) SMCI Option Income Strategy ETF | YieldMax | 46.8% | −66.5% | −18.9% | −3.9 pts |
| TSII | REX TSLA Growth & Income ETF | REX | 46.2% | −51.4% | −11.6% | +1.1 pts |
| SLTY | YieldMax(R) Ultra Short Option Income Strategy ETF | YieldMax | 46.2% | −51.5% | −6.1% | −22.7 pts |
| PLTY | YieldMax(R) PLTR Option Income Strategy ETF | YieldMax | 45.1% | −45.2% | +5.0% | +4.6 pts |
| ULTY | YieldMax(R) Ultra Option Income Strategy ETF | YieldMax | 44.9% | −54.1% | −7.8% | −24.3 pts |
| COYY | GraniteShares YieldBOOST COIN ETF | GraniteShares | 44.5% | −87.2% | −59.7% | −16.3 pts |
| HOOW | Roundhill HOOD WeeklyPay ETF | Roundhill | 44.2% | −57.4% | −11.9% | −11.0 pts |
| GOOY | YieldMax(R) GOOGL Option Income Strategy ETF | YieldMax | 43.8% | −16.6% | +31.1% | −8.0 pts |
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Where these figures came from
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ETFIQ is an independent publisher of exchange-traded fund data and makes no recommendations. Every figure is calculated from published data. Standards and sources
Cite this page. ETFIQ, What is an option income ETF?, data as of Sep 18, 2026. https://etfiq.com/questions/what-is-an-option-income-etf Free to use with attribution; the underlying files are at Open data.