Why do some ETFs yield 40% or more?

Extremely high yields almost always come from options-income (covered-call) funds, which convert market volatility into large distributions — often at the cost of long-run price appreciation. The yield is real but the total return can lag.

Browse all

Highest-Yield ETFs

How This List Is Built

ETFs ranked by trailing twelve month distribution yield, using live prices.

We compute each fund’s trailing twelve month distribution yield from its payment history and live price, then rank highest first. A very high yield often signals an options-income strategy — check the fund before assuming it’s “safe” income.

Frequently Asked Questions

Why do some ETFs yield 40% or more?: Extremely high yields almost always come from options-income (covered-call) funds, which convert market volatility into large distributions — often at the cost of long-run price appreciation. The yield is real but the total return can lag.

S&P 500 Futures

7,707.00−0.19%15.00

Nasdaq 100 Futures

29,593.00+0.09%27.75

Dow Futures

53,065.00−0.70%375.00

Browse all

Highest-Yield ETFs

Data as of Sep 6, 2026prices update during market hours (15-min delayed)all figures in USD

Rank	Fund		Distribution				30D
1	Federated Hermes International Growth Fund Class ISPIGDX · Mutual fund	281.04%	Annual	0.85%	$4.65	+0.43%$0.02
2	GraniteShares YieldBOOST MSTR ETFMTYY	247.93%	Weekly	1.07%	$18.23	−0.68%$0.13
3	GraniteShares YieldBOOST HOOD ETFHOYY	238.18%	Weekly	1.07%	$5.15	+0.03%$0.00
4	GraniteShares YieldBOOST SMCI ETFSMYY	224.82%	Weekly	1.07%	$6.16	−0.33%$0.02
5	GraniteShares YieldBOOST IONQ ETFIOYY	211.39%	Weekly	1.07%	$6.07	−0.08%$0.00
6	Roundhill Investments - MSTR WeeklyPay ETFMSTW	210.98%	Weekly	0.99%	$4.85	−1.62%$0.08
7	GraniteShares YieldBOOST TSLA ETFTSYY	208.91%	Weekly	3.11%	$20.09	−2.00%$0.41
8	YieldMax MARA Option Income Strategy ETFMARO	208.32%	Weekly	1.00%	$4.22	−1.86%$0.08
9	GraniteShares YieldBOOST MARA ETFMAAY	206.27%	Weekly	1.07%	$5.26	−1.78%$0.10
10	YieldMax MSTR Option Income Strategy ETFMSTY	200.26%	Weekly	1.03%	$16.06	−1.41%$0.23
11	GraniteShares YieldBoost RGTI ETFRGYY	191.80%	Weekly	1.07%	$5.83	−1.09%$0.06
12	GraniteShares YieldBoost QBTS ETFQBY	186.11%	Weekly	1.07%	$5.81	+0.14%$0.01
13	CoinShares Bitcoin and Ether ETFBTF	172.61%	Quarterly	1.27%	$21.86	−1.48%$0.33
14	YieldMax MSTR Short Option Income Strategy ETFWNTR	166.05%	Weekly	—	$17.51	+0.63%$0.11
15	Roundhill Investments - COIN WeeklyPay ETFCOIW	163.61%	Weekly	0.99%	$9.27	−5.17%$0.50
16	GraniteShares YieldBoost HIMS ETFHMYY	160.04%	Weekly	1.07%	$5.36	−1.83%$0.10
17	YieldMax RBLX Option Income Strategy ETFRBLY	158.95%	Weekly	0.99%	$9.61	+3.46%$0.32
18	The Advisors' Inner Circle Fund - Rice Hall James Micro Cap PortfolioRHJSX · Mutual fund	157.45%	Annual	1.25%	$9.54	+0.00%$0.00	—
19	YieldMax SMCI Option Income Strategy ETFSMCY	157.02%	Weekly	1.01%	$5.44	+1.87%$0.10
20	Royce SMid-Cap Total Return Fund;ServiceRYDVX · Mutual fund	153.74%	Quarterly	1.34%	$2.64	+0.00%$0.00
21	GraniteShares YieldBOOST Bitcoin ETFXBTY	152.63%	Weekly	1.15%	$5.60	−0.04%$0.00
22	YieldMax HIMS Option Income Strategy ETFHIYY	146.32%	Weekly	1.01%	$11.37	−0.29%$0.03
23	YieldMax AI Option Income Strategy ETFAIYY	145.22%	Weekly	0.99%	$7.66	−2.30%$0.18
24	GraniteShares YieldBOOST PLTR ETFPLYY	144.59%	Weekly	1.07%	$8.15	−2.16%$0.18
25	YieldMax SQ Option Income Strategy ETFSQY	143.54%	Weekly	1.01%	$10.49	−1.87%$0.20	—
26	GraniteShares YieldBoost RIOT ETFRTYY	142.85%	Weekly	1.07%	$8.64	−1.48%$0.13
27	Grayscale Ethereum Covered Call ETFETCO	139.02%	Monthly	0.66%	$8.83	−1.37%$0.12
28	YieldMax COIN Option Income Strategy ETFCONY	136.89%	Weekly	1.04%	$20.68	−2.91%$0.62
29	GraniteShares YieldBOOST Semiconductor ETFSEMY	132.88%	Weekly	1.07%	$12.92	−0.23%$0.03
30	KraneShares 2X Long PDD Daily ETFKPDD	130.07%	Annual	1.26%	$5.11	+1.23%$0.06
31	YieldMax CRCL Option Income Strategy ETFCRCO	125.99%	Weekly	1.01%	$16.54	−0.63%$0.10
32	YieldMax RDDT Option Income Strategy ETFRDYY	125.46%	Weekly	1.01%	$15.62	+0.05%$0.01
33	YieldMax Short COIN Option Income Strategy ETFFIAT	124.77%	Weekly	1.05%	$16.30	+4.02%$0.63
34	YieldMax DKNG Option Income Strategy ETFDRAY	124.05%	Weekly	1.03%	$14.19	+0.20%$0.03
35	GraniteShares YieldBOOST BABA ETFBBYY	123.90%	Weekly	1.07%	$8.89	−0.91%$0.08
36	American Beacon Shapiro Equity Opportunities Fund - Investor ClassSHXPX · Mutual fund	120.89%	Semi-Annual	1.07%	$7.45	+0.13%$0.01	—
37	GraniteShares YieldBOOST AMD ETFAMYY	120.38%	Weekly	1.07%	$13.51	−0.11%$0.02
38	KraneShares 2X Long BABA Daily ETFKBAB	120.19%	Semi-Annual	1.26%	$7.11	+2.43%$0.17
39	GraniteShares YieldBOOST NVDA ETFNVYY	119.33%	Weekly	—	$11.87	−0.42%$0.05
40	REX IncomeMax Option Strategy ETFULTI	119.22%	Weekly	1.32%	$6.82	+0.29%$0.02
41	YieldMax HOOD Option Income Strategy ETFHOOY	115.03%	Weekly	0.99%	$30.05	−2.18%$0.67
42	YieldMax TSLA Option Income Strategy ETFTSLY	105.53%	Weekly	1.07%	$22.09	−3.37%$0.77
43	GraniteShares YieldBOOST Gold Miners ETFNUGY	104.46%	Weekly	1.07%	$12.51	−1.30%$0.17
44	YieldMax CVNA Option Income Strategy ETFCVNY	104.20%	Weekly	1.09%	$20.85	+1.49%$0.31
45	YieldMax BABA Option Income Strategy ETFBABO	103.72%	Weekly	1.00%	$7.57	+1.07%$0.08
46	Roundhill Investments - HOOD WeeklyPay ETFHOOW	103.52%	Weekly	0.99%	$31.32	−2.64%$0.85
47	YieldMax Ultra Option Income Strategy ETFULTY	102.63%	Weekly	1.40%	$26.26	+0.88%$0.23
48	YieldMax Ultra Short Option Income Strategy ETFSLTY	101.09%	Weekly	1.35%	$20.52	+0.44%$0.09
49	Roundhill Investments - Ether Covered Call Strategy ETFYETH	100.51%	Weekly	0.96%	$9.17	−2.03%$0.19
50	Global X Funds - Global X PropTech ETFPTEC	100.21%	Semi-Annual	0.50%	$39.56	−0.28%$0.11	—
51	RBC Small Cap Core FundTEEAX · Mutual fund	100.04%	Annual	1.11%	$11.46	+3.34%$0.37	—
52	RBC Funds Trust - RBC Microcap Value FundRMVIX · Mutual fund	100.00%	Annual	1.22%	$29.10	+0.00%$0.00	—
53	RBC Small Cap Value Fund - Class IRSVIX · Mutual fund	99.99%	Annual	0.86%	$15.25	+0.00%$0.00	—
54	Roundhill Investments - TSLA WeeklyPay ETFTSLW	98.76%	Weekly	0.99%	$17.59	−7.42%$1.41
55	REX TSLA Growth & Income ETFTSII	96.83%	Weekly	1.52%	$13.09	−6.16%$0.86
56	Brown Capital Management Small Company FundBCSIX · Mutual fund	96.38%	Annual	1.32%	$24.48	−2.20%$0.55
57	Harding Loevner Emerging Markets Portfolio Advisor ClassHLEMX · Mutual fund	93.52%	Annual	1.14%	$23.45	+0.60%$0.14	—
58	Glenmede SMID Core Equity AdvisorGWILX · Mutual fund	88.97%	Semi-Annual	0.85%	$9.11	+0.11%$0.01
59	USQ Core Real Estate FundUSQIX · Closed-end fund	86.53%	Quarterly	1.48%	$11.78	−16.81%$2.38
60	YieldMax PLTR Option Income Strategy ETFPLTY	86.33%	Weekly	1.07%	$35.61	−3.36%$1.24
61	Roundhill Investments - PLTR WeeklyPay ETFPLTW	85.04%	Weekly	0.99%	$23.85	−5.47%$1.38
62	YieldMax Short TSLA Option Income Strategy ETFCRSH	84.56%	Weekly	1.05%	$19.89	+5.69%$1.07
63	YieldMax AMD Option Income Strategy ETFAMDY	82.44%	Weekly	1.00%	$42.81	+4.03%$1.66
64	Daily Target 2X Long SOUN ETFSOUX	81.61%	Annual	1.29%	$10.83	−0.21%$0.02
65	Grayscale Funds TrustBTCC	81.00%	Monthly	0.66%	$13.72	−1.06%$0.15
66	William Blair Global Leaders NWGGNX · Mutual fund	80.57%	Annual	1.15%	$7.00	−0.14%$0.01
67	MassMutual Select Funds - MassMutual Equity Opportunities FundMFVZX · Mutual fund	80.21%	Annual	0.76%	$9.85	−0.40%$0.04	—
68	Brown Advisory Growth Equity Fd Investor ShsBIAGX · Mutual fund	78.24%	Annual	0.86%	$9.95	−0.40%$0.04
69	YieldMax Bitcoin Option Income Strategy ETFYBIT	78.01%	Weekly	1.02%	$21.36	−0.21%$0.04
70	GraniteShares YieldBoost TopYielders ETFYBTY	77.25%	Weekly	1.38%	$10.67	+0.47%$0.05
71	Roundhill Investments - AVGO WeeklyPay ETFAVGW	76.22%	Weekly	0.99%	$33.86	+0.50%$0.17
72	YieldMax Gold Miners Option Income Strategy ETFGDXY	75.43%	Weekly	1.00%	$11.37	−1.39%$0.16
73	Tradr 2X Long APP Daily ETFAPPX	74.11%	Annual	1.30%	$13.46	+4.10%$0.53
74	YieldMax Short NVDA Option Income Strategy ETFDIPS	74.10%	Weekly	1.05%	$32.38	−0.17%$0.06
75	YieldMax Crypto Industry & Tech Portfolio Option Income ETFLFGY	73.48%	Weekly	1.02%	$20.83	+0.00%$0.00
76	Morgan Stanley Inst International Eq AMIQBX · Mutual fund	73.11%	Annual	1.24%	$7.46	+0.00%$0.00
77	Volatility Shares Trust - Volatility Premium Plus ETFZVOL	72.66%	Monthly	1.42%	$8.01	+0.63%$0.05
78	BlackRock Mid-Cap Growth Equity Portfolio Investor C SharesBMGCX · Mutual fund	72.38%	Semi-Annual	1.80%	$15.26	−0.20%$0.03
79	YieldMax SNOW Option Income Strategy ETFSNOY	70.51%	Weekly	1.00%	$11.67	−1.68%$0.20
80	Roundhill ARM WeeklyPay ETFARMW	70.25%	Weekly	0.99%	$40.61	+4.79%$1.86
81	Harding Loevner Institutional Emerging Markets PortfolioHLMEX · Mutual fund	69.89%	Annual	1.05%	$14.76	+1.37%$0.20
82	Roundhill Investments - NFLX WeeklyPay ETFNFLW	67.86%	Weekly	0.99%	$16.83	−6.60%$1.19
83	YieldMax GME Option Income Strategy ETFGMEY	67.05%	Weekly	1.01%	$23.23	−0.75%$0.18
84	Roundhill Investments - Bitcoin Covered Call Strategy ETFYBTC	66.88%	Weekly	0.96%	$18.32	−1.98%$0.37
85	Prospector Opportunity FundPOPFX · Mutual fund	65.38%	Annual	1.16%	$17.77	+0.00%$0.00	—
86	UBS ETRACS Silver Shares Covered Call ETNSLVO · ETN	64.90%	Monthly	0.65%	$70.32	−0.33%$0.23
87	YieldMax Universe Fund of Option Income ETFsYMAX	64.47%	Weekly	1.33%	$7.69	+0.00%$0.00
88	YieldMax PYPL Option Income Strategy ETFPYPY	64.28%	Weekly	1.31%	$26.96	−1.69%$0.46
89	Templeton Foreign Smaller Companies SeriesTFSCX · Mutual fund	63.76%	Annual	1.26%	$11.46	+1.06%$0.12
90	YieldMax Innovation Option Income Strategy ETFOARK	60.42%	Weekly	1.00%	$29.90	−0.29%$0.09
91	YieldMax NFLX Option Income Strategy ETFNFLY	60.12%	Weekly	1.01%	$7.64	−3.90%$0.31
92	Wasatch International Opportunities Fund Instl ClWIIOX · Mutual fund	59.63%	Annual	1.79%	$2.05	+0.99%$0.02
93	Quantified Gold Futures Tracking InvQGLDX · Mutual fund	59.22%	Quarterly	1.50%	$20.68	−0.96%$0.20
94	Roundhill Investments - AMD WeeklyPay ETFAMDW	58.71%	Weekly	0.99%	$79.85	+5.86%$4.42
95	GraniteShares YieldBOOST META ETFFBYY	58.68%	Weekly	1.07%	$10.65	−0.69%$0.07
96	GraniteShares YieldBoost Single Stock Universe ETFYBST	58.37%	Weekly	1.38%	$12.30	+0.16%$0.02
97	YieldMax GOOGL Option Income Strategy ETFGOOY	58.02%	Weekly	1.14%	$11.99	−0.91%$0.11
98	GraniteShares YieldBOOST AMZN ETFAZYY	57.94%	Weekly	1.07%	$14.28	+0.19%$0.03
99	Wasatch Emerging Markets Small Cap FundWAEMX · Mutual fund	57.54%	Annual	1.95%	$2.08	+0.48%$0.01
100	YieldMax META Option Income Strategy ETFFBY	57.04%	Weekly	1.06%	$8.64	−0.06%$0.01
101	YieldMax NVDA Option Income Strategy ETFNVDY	56.38%	Weekly	1.09%	$12.98	+0.46%$0.06
102	GraniteShares YieldBOOST QQQ ETFTQQY	56.19%	Weekly	—	$12.25	+0.08%$0.01
103	JPMorgan U.S. GARP Equity FundJGISX · Mutual fund	55.90%	Semi-Annual	0.34%	$68.82	+0.58%$0.40
104	YieldMax TSM Option Income Strategy ETFTSMY	55.71%	Weekly	1.01%	$15.23	+1.60%$0.24
105	YieldMax AMZN Option Income Strategy ETFAMZY	55.18%	Weekly	1.09%	$10.67	+0.19%$0.02
106	BNY Mellon Small/Mid Cap Growth Fund Class ADBMAX · Mutual fund	54.43%	Annual	1.02%	$20.51	+0.49%$0.10
107	Simplify China A Shares PLUS Income ETFCAS	53.90%	Monthly	0.88%	$25.51	−0.81%$0.21
108	REX NVDA Growth & Income ETFNVII	53.82%	Weekly	1.49%	$25.57	+1.23%$0.31
109	Roundhill Investments - Top WeeklyPay ETFTOPW	53.62%	Weekly	1.28%	$33.65	−0.68%$0.23
110	Oil Enhanced Options Income ETFUSOY	53.42%	Weekly	1.12%	$7.35	−0.01%$0.00
111	T. Rowe Price International Funds, Inc. - T. Rowe Price Global Consumer FundPGLOX · Mutual fund	53.27%	Annual	1.05%	$12.14	−0.16%$0.02	—
112	ProShares - Ultra Bitcoin ETFBITU	53.15%	Monthly	0.98%	$14.14	−4.88%$0.73
113	Virtus KAR Small-Cap Growth Fund APSGAX · Mutual fund	52.13%	Annual	1.39%	$15.90	−0.06%$0.01
114	Herzfeld Credit Income Fund, Inc.HERZ · Closed-end fund	51.91%	Monthly	3.57%	$16.20	+1.63%$0.26
115	Roundhill Investments - META WeeklyPay ETFMETW	51.88%	Weekly	0.99%	$25.07	+1.25%$0.31
116	YieldMax Magnificent 7 Fund of Option Income ETFYMAG	50.81%	Weekly	1.34%	$11.28	−0.44%$0.05
117	Roundhill Investments - NVDA WeeklyPay ETFNVDW	50.78%	Weekly	1.00%	$38.85	+0.80%$0.31
118	Hennessy Focus Fund Investor ClassHFCSX · Mutual fund	49.94%	Annual	1.48%	$35.74	+0.59%$0.21
119	UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037USOI · ETN	49.60%	Monthly	0.85%	$46.09	+0.50%$0.23
120	First Trust Specialty Finance and Financial Opportunities FundFGB · Closed-end fund	49.40%	Monthly	0.00%	$4.15	+0.12%$0.00	—
121	Roundhill Investments - Gold Miners WeeklyPay ETFGDXW	49.36%	Weekly	0.99%	$45.75	−2.80%$1.32
122	Putnam PanAgora ESG Emerging Markets Equity ETFPPEM	49.06%	Semi-Annual	0.60%	$23.56	+0.56%$0.13	—
123	Direxion Daily Semiconductor Bear 3X ETFSOXS	48.93%	Quarterly	1.00%	$46.34	−10.19%$5.26
124	Wasatch International Growth FundWIIGX · Mutual fund	48.57%	Annual	1.36%	$16.33	+0.43%$0.07
125	Amplify Bitcoin Max Income Covered Call ETFBAGY	48.41%	Monthly	0.65%	$24.31	−1.24%$0.30
126	REX Crypto Equity Premium Income ETFCEPI	48.41%	Weekly	0.85%	$31.81	+0.55%$0.17
127	YieldMax MRNA Option Income Strategy ETFMRNY	47.42%	Weekly	1.00%	$33.47	−1.27%$0.43
128	Gold Enhanced Options Income ETFGLDY	46.03%	Weekly	0.99%	$12.75	+0.63%$0.08	—
129	Virtus KAR Mid-Cap Growth FundVRMGX · Mutual fund	45.79%	Annual	0.83%	$39.51	−0.70%$0.28
130	Defiance Gold Enhanced Options Income ETFGOLI	45.27%	Weekly	1.04%	$12.96	−0.53%$0.07
131	GraniteShares YieldBOOST SPY ETFYSPY	45.20%	Weekly	—	$15.05	+0.07%$0.01
132	Roundhill Investments - Innovation-100 0DTE Covered Call Strategy ETFQDTE	45.12%	Weekly	0.97%	$28.84	+0.21%$0.06
133	Daily Target 2X Long RIOT ETFRIOX	45.09%	Annual	1.63%	$28.50	+6.54%$1.75
134	Sands Capital Global Growth Fund Investor SharesSCGVX · Mutual fund	44.96%	Annual	1.22%	$22.90	+0.00%$0.00
135	Nicholas Crypto Income ETFBLOX	44.95%	Weekly	0.99%	$14.30	+0.35%$0.05
136	FT Vest Gold Strategy Quarterly Buffer ETFBGLD	44.74%	Annual	0.91%	$16.95	−0.65%$0.11
137	Roundhill Investments - GOOGL WeeklyPay ETFGOOW	43.94%	Weekly	0.99%	$59.60	−1.44%$0.87
138	Invesco International Growth R6OIGIX · Mutual fund	42.94%	Annual	—	$26.62	+0.26%$0.07
139	Roundhill Investments - Russell 2000 0DTE Covered Call Strategy ETFRDTE	42.89%	Weekly	0.97%	$27.93	+0.22%$0.06
140	Daily Target 2X Short SMCI ETFSMCZ	42.80%	Annual	1.29%	$2.76	−9.39%$0.29
141	ProShares - Ether ETFEETH	42.78%	Monthly	0.95%	$29.79	−2.55%$0.78
142	YieldMax R2000 0DTE Covered Call Strategy ETFRDTY	42.52%	Weekly	1.73%	$36.76	+0.10%$0.04
143	GraniteShares YieldBOOST MU ETFMUYY	42.43%	Weekly	1.07%	$19.72	−0.23%$0.05
144	GMO Beyond China ETFBCHI	42.40%	—	0.65%	$26.72	+0.00%$0.00
145	GraniteShares YieldBOOST CRWV ETFCWY	42.37%	Weekly	1.07%	$16.08	+1.16%$0.18
146	Roundhill Investments - AMZN WeeklyPay ETFAMZW	42.30%	Weekly	0.99%	$36.88	−0.14%$0.05
147	Simplify Bitcoin Strategy PLUS Income ETFMAXI	41.67%	Monthly	1.31%	$14.32	−5.64%$0.85
148	Polen Growth Fund;InvestorPOLRX · Mutual fund	41.21%	Annual	1.22%	$31.54	−0.13%$0.04
149	REX AI Equity Premium Income ETFAIPI	40.86%	Weekly	0.65%	$37.22	+0.24%$0.09
150	William Blair Growth NWBGSX · Mutual fund	40.63%	Annual	1.20%	$7.25	+0.28%$0.02

How This List Is Built

ETFs ranked by trailing twelve month distribution yield, using live prices.

Frequently Asked Questions

Why do some ETFs yield 40% or more?: Extremely high yields almost always come from options-income (covered-call) funds, which convert market volatility into large distributions — often at the cost of long-run price appreciation. The yield is real but the total return can lag.