Covered Call ETFs
Funds that sell call options against a stock index, a basket or a single stock to generate income. Popular names include JEPI, JEPQ, QYLD, XYLD and the YieldMax and Roundhill families. Distributions are high but variable, and upside is capped, so total return and consistency matter as much as yield.
| Symbol | Type | Price | TTM yield | Annual / share | Frequency | Next ex-date | 5y growth | Streak | Size | Risk |
|---|---|---|---|---|---|---|---|---|---|---|
| JEPIJPMorgan Equity Premium Income ETF | ETF | $56.88 | 8.06% | $4.583 | Monthly | Oct 1 Est. | -0.1% | 1 yr | 46.2B | 92/100 steady |
| JEPQJPMorgan Nasdaq Equity Premium Income ETF | ETF | $59.85 | 11.30% | $6.765 | Monthly | Oct 1 Est. | — | 2 yr | 42.2B | 86/100 steady |
| QYLDGlobal X NASDAQ 100 Covered Call ETF | ETF | $18.37 | 11.57% | $2.126 | Monthly | Sep 21 Est. | -4.1% | 0 yr | 8.3B | 98/100 steady |
| XYLDGlobal X S&P 500 Covered Call ETF | ETF | $41.58 | 10.41% | $4.329 | Monthly | Sep 21 Est. | -2.0% | 0 yr | 3.3B | 90/100 steady |
| RYLDGlobal X Russell 2000 Covered Call ETF | ETF | $16.21 | 11.58% | $1.877 | Monthly | Sep 21 Est. | -7.9% | 0 yr | 1.4B | 97/100 steady |
| DIVOAmplify CWP Enhanced Dividend Income ETF | ETF | $47.90 | 6.27% | $2.2185 | Monthly | Sep 27 Est. | +2.7% | 3 yr | 7.9B | 95/100 steady |
| SPYINeos S&P 500(R) High Income ETF | ETF | $53.65 | 11.81% | $6.334 | Monthly | Sep 16 Est. | — | 3 yr | 11.7B | 99/100 steady |
| QQQINEOS NASDAQ-100(R) High Income ETF | ETF | $54.70 | 13.98% | $7.649 | Monthly | Sep 16 Est. | — | 1 yr | 14.3B | 98/100 steady |
| GPIXGoldman Sachs S&P 500 Premium Income ETF | ETF | $55.82 | 8.17% | $4.558 | Monthly | Oct 1 Est. | — | 2 yr | 5.6B | 97/100 steady |
| GPIQGoldman Sachs Nasdaq-100 Premiu | ETF | $56.60 | 10.10% | $5.715 | Monthly | Oct 1 Est. | — | 2 yr | 5.6B | 95/100 steady |
| ISPYProShares S&P 500 High Income ETF | ETF | $48.20 | 5.20% | $2.7924 | Monthly | Oct 1 Est. | — | 0 yr | 1.2B | 66/100 steady |
| FEPIREX FANG & Innovation Equity Premium Income ETF | ETF | $42.67 | 25.04% | $10.7259 | Weekly | Sep 9 Est. | — | 0 yr | 698.0M | 97/100 steady |
| SVOLSimplify Volatility Premium ETF | ETF | $16.53 | 21.05% | $3.48 | Monthly | Sep 25 Est. | — | 1 yr | 531.3M | 97/100 steady |
| XDTERoundhill S&P 500 0DTE Covered Call Strategy ETF | ETF | $38.58 | 30.91% | $8.0028 | Weekly | Sep 10 Est. | — | 0 yr | 339.8M | 67/100 steady |
| QDTERoundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF | ETF | $28.83 | 45.13% | $8.9811 | Weekly | Sep 10 Est. | — | 1 yr | 957.1M | 72/100 steady |
| RDTERoundhill Russell 2000 0DTE Covered Call Strategy ETF | ETF | $27.83 | 43.05% | $10.1251 | Weekly | Sep 10 Est. | — | 1 yr | 185.8M | 81/100 steady |
| YMAXYieldMax Universe Fund of Option Income ETFs | ETF | $7.64 | 64.92% | $4.3086 | Weekly | Sep 9 Est. | — | 0 yr | 384.9M | 89/100 steady |
| YMAGYieldMax Magnificent 7 Fund of Option Income ETFs | ETF | $11.23 | 51.10% | $5.2867 | Weekly | Sep 9 Est. | — | 0 yr | 295.2M | 87/100 steady |
| ULTYYieldMax Ultra Option Income Strategy ETF | ETF | $26.33 | 100.53% | $22.2862 | Weekly | Sep 9 Est. | — | 0 yr | 747.2M | 92/100 steady |
| MSTYYieldmax MSTR Option Income Strategy ETF | ETF | $15.50 | 172.36% | $11.5245 | Weekly | Sep 10 Est. | — | 0 yr | 952.2M | 84/100 steady |
| TSLYYieldMax TSLA Option Income Strategy ETF | ETF | $22.80 | 93.69% | $13.4648 | Weekly | Sep 10 Est. | — | 0 yr | 683.1M | 86/100 steady |
| NVDYYieldMax NVDA Option Income Strategy ETF | ETF | $12.81 | 57.13% | $6.2267 | Weekly | Sep 10 Est. | — | 0 yr | 1.4B | 90/100 steady |
| CONYYieldMax COIN Option Income Strategy ETF | ETF | $20.14 | 140.61% | $18.5427 | Weekly | Sep 10 Est. | — | 0 yr | 367.5M | 87/100 steady |
| AMZYYieldMax AMZN Option Income Strategy ETF | ETF | $10.61 | 50.92% | $4.4751 | Weekly | Sep 10 Est. | — | 0 yr | 236.6M | 68/100 steady |
| APLYYieldMax AAPL Option Income Strategy ETF | ETF | $11.47 | 35.62% | $3.9663 | Weekly | Sep 10 Est. | — | 0 yr | 96.7M | 62/100 steady |
| FBYYieldMax META Option Income Strategy ETF | ETF | $8.61 | 57.19% | $3.5731 | Weekly | Sep 10 Est. | — | 0 yr | 87.2M | 63/100 steady |
| GOOYYieldMax GOOGL Option Income Strategy ETF | ETF | $12.00 | 52.21% | $4.3403 | Weekly | Sep 10 Est. | — | 0 yr | 229.4M | 91/100 steady |
| NFLYYieldMax NFLX Option Income Strategy ETF | ETF | $7.51 | 61.25% | $3.4645 | Weekly | Sep 10 Est. | — | 0 yr | 39.2M | 84/100 steady |
| MSFOYieldMax MSFT Option Income Strategy ETF | ETF | $12.08 | 40.41% | $6.604 | Weekly | Sep 10 Est. | — | 0 yr | 107.8M | 54/100 steady |
| PLTYYieldMax PLTR Option Income Strategy ETF | ETF | $34.95 | 87.97% | $26.7475 | Weekly | Sep 10 Est. | — | 0 yr | 393.0M | 54/100 steady |
| BITOProShares Bitcoin ETF | ETF | $10.54 | 30.44% | $0.1425 | Monthly | Oct 1 Est. | — | 0 yr | 1.7B | 0/100 steady |
| PBPInvesco S&P 500 BuyWrite ETF | ETF | $23.33 | 12.05% | $2.4975 | Monthly | Sep 21 Est. | +62.9% | 4 yr | 381.5M | 56/100 steady |
| QYLGGlobal X Nasdaq 100 Covered Call & Growth ETF | ETF | $29.69 | 17.16% | $2.316 | Monthly | Sep 21 Est. | — | 0 yr | 171.1M | 77/100 steady |
| XYLGGlobal X S&P 500 Covered Call & Growth ETF | ETF | $29.51 | 12.87% | $1.656 | Monthly | Sep 21 Est. | — | 0 yr | 62.0M | 77/100 steady |
| KNGFT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | ETF | $50.44 | 8.35% | $4.214 | Monthly | Sep 20 Est. | +17.5% | 0 yr | 3.4B | 97/100 steady |
| DJIAGlobal X Dow 30 Covered Call ETF | ETF | $22.81 | 10.12% | $1.837 | Monthly | Sep 21 Est. | — | 0 yr | 192.7M | 74/100 steady |
| IDVOAmplify CWP International Enhanced Dividend Income ETF | ETF | $43.33 | 5.67% | $2.456 | Monthly | Sep 27 Est. | — | 3 yr | 1.4B | 94/100 steady |
| SMCYYieldMax SMCI Option Income Str | ETF | $5.50 | 131.56% | $5.6559 | Weekly | Sep 10 Est. | — | 0 yr | 151.2M | 85/100 steady |
| AMDYYieldMax AMD Option Income Strategy ETF | ETF | $44.98 | 78.47% | $33.1523 | Weekly | Sep 10 Est. | — | 0 yr | 376.9M | 77/100 steady |
| GDXYYieldMax Gold Miners Option Income Strategy ETF | ETF | $11.28 | 76.03% | $7.6617 | Weekly | Sep 10 Est. | — | 0 yr | 323.3M | 60/100 steady |
| SLVOUBS ETRACS Silver Shares Covered Call ETN | ETF | $69.95 | 65.25% | $19.932 | Monthly | Sep 22 Declared | -0.8% | 2 yr | 438.2M | 42/100 steady |
| USOIUBS ETRACS Crude Oil Shares Covered Call ETN | ETF | $46.21 | 49.48% | $29.388 | Monthly | Sep 22 Declared | -9.9% | 0 yr | 307.0M | 36/100 steady |
| MRNYYieldMax MRNA Option Income Strategy ETF | ETF | $32.51 | 48.84% | $33.124 | Weekly | Sep 10 Est. | — | 0 yr | 132.1M | 60/100 steady |
| CHPYYieldMax Semiconductor Portfolio Option Income ETF | ETF | $68.04 | 39.40% | $26.811 | Weekly | Sep 9 Est. | — | 0 yr | 1.2B | 86/100 steady |
| GPTYYieldMax AI & Tech Portfolio Option Income ETF | ETF | $43.22 | 36.67% | $15.85 | Weekly | Sep 9 Est. | — | 0 yr | 132.1M | 90/100 steady |
| AIPIREX AI Equity Premium Income ETF | ETF | $37.17 | 34.81% | $12.844 | Weekly | Sep 9 Est. | — | 0 yr | 441.3M | 97/100 steady |
| QQQYDefiance Nasdaq 100 Target 30 Weekly Distribution ETF | ETF | $22.33 | 34.61% | $6.9472 | Weekly | Sep 10 Est. | — | 0 yr | 189.2M | 97/100 steady |
| GLDIUBS ETRACS Gold Shares Covered Call ETN | ETF | $149.50 | 25.05% | $20.628 | Monthly | Sep 22 Declared | +11.4% | 2 yr | 176.9M | 61/100 steady |
| SPYTDefiance S&P 500 Target Income | ETF | $17.14 | 20.87% | $3.577 | Monthly | Oct 1 Est. | — | 0 yr | 161.8M | 95/100 steady |
| TSPYTappAlpha SPY Growth & Daily Income ETF | ETF | $25.35 | 14.07% | $3.568 | Monthly | Sep 29 Est. | — | 1 yr | 324.7M | 98/100 steady |
| IWMINEOS Russell 2000 High Income ETF | ETF | $51.98 | 13.92% | $7.237 | Monthly | Sep 16 Est. | — | 0 yr | 1.2B | 97/100 steady |
| YYYAmplify CEF High Income ETF | CEF | $11.12 | 12.95% | $1.44 | Monthly | Sep 27 Est. | -1.5% | 0 yr | 740.0M | 100/100 steady |
| LQDWiShares Investment Grade Corporate Bond Buywrite Strategy ETF | ETF | $23.17 | 11.60% | $2.689 | Monthly | Oct 2 Est. | — | 0 yr | 319.7M | 75/100 steady |
| FTQIFirst Trust Nasdaq BuyWrite Income ETF | ETF | $22.10 | 11.19% | $2.472 | Monthly | Sep 20 Est. | +30.2% | 4 yr | 962.8M | 96/100 steady |
| TLTWiShares 20+ Year Treasury Bond Buywrite Strategy ETF | ETF | $21.20 | 10.58% | $2.064 | Monthly | Oct 2 Est. | — | 0 yr | 1.8B | 65/100 steady |
| HYGWiShares High Yield Corporate Bond Buywrite Strategy ETF | ETF | $28.76 | 10.47% | $2.6496 | Monthly | Oct 2 Est. | — | 0 yr | 112.3M | 68/100 steady |
| NUSINEOS Nasdaq-100 Hedged Equity Income ETF | ETF | $54.42 | 9.01% | $4.9035 | Monthly | Sep 23 Est. | +2.8% | 3 yr | 323.8M | 98/100 steady |
| FTHIFirst Trust BuyWrite Income ETF | ETF | $23.93 | 8.80% | $2.107 | Monthly | Sep 20 Est. | +17.0% | 4 yr | 2.5B | 98/100 steady |
| BALIiShares U.S. Large Cap Premium Income Active ETF | ETF | $34.47 | 7.78% | $2.683 | Monthly | Oct 1 Est. | — | 1 yr | 1.4B | 80/100 steady |
| BUYWMain Buywrite ETF | ETF | $14.60 | 5.90% | $0.861 | Monthly | Sep 24 Est. | — | 3 yr | 1.3B | 99/100 steady |
| IQQQProShares Nasdaq-100 High Income ETF | ETF | $48.29 | 5.84% | $2.82 | Monthly | Oct 1 Est. | — | 0 yr | 406.8M | 58/100 steady |
| SIXHETC 6 Meridian Hedged Equity-Index Option Strategy ETF | ETF | $44.58 | 1.74% | $0.168 | Monthly | Sep 25 Est. | +10.9% | 1 yr | 603.2M | 54/100 steady |
| HEQTSimplify Hedged Equity ETF | ETF | $34.38 | 1.16% | $0.40 | Quarterly | Sep 24 Est. | — | 0 yr | 302.4M | 90/100 steady |
Members come from a curated seed list plus a data rule (tag: covered-call, min size: 100000000, limit: 100). Sorted by trailing yield; click any column to re-sort.
FAQ
How do covered call ETFs pay such high yields?
They collect option premiums on top of any dividends the underlying holdings pay and distribute that cash. In volatile markets premiums are higher, which is why distributions rise and fall.
What is NAV erosion?
When a fund distributes more than it earns in total return, its net asset value drifts lower over time. Our fund pages show the 1-year price return next to the distribution yield so you can see both halves of the picture.
Are covered call ETF distributions taxed as dividends?
Often a large share is classified as return of capital, which is not taxed immediately but lowers your cost basis. Treatment varies by fund and year; check the fund's tax documents or ask a tax professional.