{"url":"https://etfiq.com/rankings/income-largest-synthetic-covered-call","section":"rankings","title":"The largest synthetic covered call ETFs | ETFIQ","description":"NVDY leads the largest synthetic covered call ETFs at $1.3bn (net assets), as of Oct 27, 2026. 15 funds from ETFIQ\u2019s own published data.","as_of":"Oct 27, 2026","structured_data":[{"@type":"ItemList","name":"The largest synthetic covered call ETFs","numberOfItems":15,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"NVDY","url":"https://etfiq.com/funds/nvdy"},{"@type":"ListItem","position":2,"name":"CHPY","url":"https://etfiq.com/funds/chpy"},{"@type":"ListItem","position":3,"name":"MSTY","url":"https://etfiq.com/funds/msty"},{"@type":"ListItem","position":4,"name":"TSLY","url":"https://etfiq.com/funds/tsly"},{"@type":"ListItem","position":5,"name":"ULTY","url":"https://etfiq.com/funds/ulty"},{"@type":"ListItem","position":6,"name":"AMDY","url":"https://etfiq.com/funds/amdy"},{"@type":"ListItem","position":7,"name":"PLTY","url":"https://etfiq.com/funds/plty"},{"@type":"ListItem","position":8,"name":"YMAX","url":"https://etfiq.com/funds/ymax"},{"@type":"ListItem","position":9,"name":"CONY","url":"https://etfiq.com/funds/cony"},{"@type":"ListItem","position":10,"name":"YMAG","url":"https://etfiq.com/funds/ymag"},{"@type":"ListItem","position":11,"name":"GDXY","url":"https://etfiq.com/funds/gdxy"},{"@type":"ListItem","position":12,"name":"MRNY","url":"https://etfiq.com/funds/mrny"},{"@type":"ListItem","position":13,"name":"AMZY","url":"https://etfiq.com/funds/amzy"},{"@type":"ListItem","position":14,"name":"GOOY","url":"https://etfiq.com/funds/gooy"},{"@type":"ListItem","position":15,"name":"GPTY","url":"https://etfiq.com/funds/gpty"}]},{"@type":"Dataset","name":"The largest synthetic covered call ETFs","description":"NVDY leads the largest synthetic covered call ETFs at $1.3bn (net assets), as of Oct 27, 2026. 15 funds from ETFIQ\u2019s own published data.","url":"https://etfiq.com/rankings/income-largest-synthetic-covered-call","dateModified":"2026-10-27","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"}],"variableMeasured":["Cash paid","Price change","Total return with distributions reinvested","Benchmark total return","Ahead or behind in percentage points","Distribution rate","Return of capital estimate","Expense ratio"],"keywords":["exchange-traded funds","ETF","Income ETFs","fund data","SEC filings"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Rankings","item":"https://etfiq.com/rankings/"},{"@type":"ListItem","position":3,"name":"The largest synthetic covered call ETFs","item":"https://etfiq.com/rankings/income-largest-synthetic-covered-call"}]},{"@type":"WebPage","name":"The largest synthetic covered call ETFs","description":"NVDY leads the largest synthetic covered call ETFs at $1.3bn (net assets), as of Oct 27, 2026. 15 funds from ETFIQ\u2019s own published data.","url":"https://etfiq.com/rankings/income-largest-synthetic-covered-call","dateModified":"2026-10-27","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3682,"truncated":false,"content":"ETFIQ / Rankings / The largest synthetic covered call ETFs \n \n As of Oct 27, 2026 . Rebuilt every trading night.\n The largest synthetic covered call ETFs\n NVDY leads the largest synthetic covered call ETFs at $1.3bn (net assets), as of Oct 27, 2026. 15 funds ranked by net assets. Cash paid and total return are different questions. Several funds here lead the first and trail the last.\n The largest synthetic covered call ETFs, ranked by net assets, as of Oct 27, 2026. Source: ETFIQ. # Ticker Fund Net assets Cash paid, 1Y Total return, 1Y Against its benchmark Pays \n 1 NVDY YieldMax NVDA Option Income Strategy ETF $1.3bn 38.5% +15.4% +1.3 pts weekly \n 2 CHPY YieldMax Semiconductor Portfolio Option $1.3bn 46.3% +55.7% +42.2 pts weekly \n 3 MSTY YieldMax MSTR Option Income Strategy ETF $1.0bn 32.3% \u221246.4% +5.8 pts weekly \n 4 TSLY YieldMax TSLA Option Income Strategy ETF $664m 39.5% \u22125.9% +4.0 pts weekly \n 5 ULTY YieldMax Ultra Option Income Strategy ET $622m 43.6% \u221211.5% +6.7 pts weekly \n 6 AMDY YieldMax AMD Option Income Strategy ETF $462m 64.8% +83.0% \u221232.8 pts weekly \n 7 PLTY YieldMax PLTR Option Income Strategy ETF $378m 40.3% +6.1% +1.1 pts weekly \n 8 YMAX YieldMax Universe Fund of Option Income $349m 35.6% \u22124.9% \u221214.4 pts weekly \n 9 CONY YieldMax COIN Option Income Strategy ETF $336m 31.8% \u221247.5% +7.9 pts weekly \n 10 YMAG YieldMax Magnificent 7 Fund of Option In $282m 32.9% +5.9% +1.6 pts weekly \n 11 GDXY YieldMax Gold Miners Option Income Strat $268m 48.1% +5.2% \u221214.6 pts weekly \n 12 MRNY YieldMax MRNA Option Income Strategy ETF $222m 111.4% +461.6% \u2212218.5 pts weekly \n 13 AMZY YieldMax AMZN Option Income Strategy ETF $218m 34.6% +7.4% \u22124.1 pts weekly \n 14 GOOY YieldMax GOOGL Option Income Strategy ET $215m 39.3% +16.0% \u22123.4 pts weekly \n 15 GPTY YieldMax AI & Tech Portfolio Option Inco $127m 31.6% +15.7% +2.2 pts weekly \n \n Method\n A synthetic fund holds Treasuries and options rather than the shares themselves, so it takes the option premium without owning what it writes on. ETFIQ measures 91 of them, of which 91 publish net assets. Across the funds listed here the cash paid over the last year runs from 31.6% to 111.4%. Size shows where the money is, not what a fund did. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.\n Where to next\n The highest yielding income ETFs Every income ETF Sources\n Rule 19a-1 distribution notices and prospectus filings on SEC EDGAR SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, The largest synthetic covered call ETFs, ranked by net assets, data as of Oct 27, 2026. https://etfiq.com/rankings/income-largest-synthetic-covered-call Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, The largest synthetic covered call ETFs, ranked by net assets, data as of Oct 27, 2026. https://etfiq.com/rankings/income-largest-synthetic-covered-call APA ETFIQ. (Oct 27, 2026). The largest synthetic covered call ETFs, ranked by net assets. Retrieved from https://etfiq.com/rankings/income-largest-synthetic-covered-call Markdown [The largest synthetic covered call ETFs, ranked by net assets (ETFIQ, Oct 27, 2026)](https://etfiq.com/rankings/income-largest-synthetic-covered-call)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, The largest synthetic covered call ETFs, ranked by net assets, data as of Oct 27, 2026. https://etfiq.com/rankings/income-largest-synthetic-covered-call"}