What is the annual yield of ULTY?

Approximately 50% annualized through weekly distributions.

Are these ETFs low-risk?

No, they carry higher risks than traditional index ETFs due to options strategies.

Where are these ETFs traded?

ULTY trades on NYSE Arca, QQQI on Nasdaq, and SPYI on CBOE.

3 Monthly ETFs Paying Over 10% Annual Yield Most Investors Miss

Three options-overlay ETFs are quietly paying double-digit annual distribution rates on a monthly or weekly schedule, yet most income investors have never heard of them.

June 4, 2026

2 min read

Source: 24/7 Wall St.

Key Numbers

ULTY annualized yield

~50%

QQQI annualized yield

>10%

SPYI annualized yield

>10%

Three options-overlay ETFs are quietly paying double-digit annual distribution rates on a monthly or weekly schedule, yet most income investors have never heard of them.

The Three ETFs

YieldMax Ultra Option Income Strategy ETF (ULTY): Offers roughly 50% annualized yield through weekly distributions.
NEOS Nasdaq-100 High Income ETF (QQQI): Pays over 10% annualized yield monthly.
NEOS S&P 500 High Income ETF (SPYI): Pays over 10% annualized yield monthly.

How They Work

These ETFs use a covered call strategy, selling call options on underlying indices or stocks to generate premiums, which are distributed as dividends.

Context

With interest rates remaining elevated, investors seek additional income sources. These ETFs offer high yields but carry higher risks, such as capital erosion in rising markets.

What This Means for Investors

These funds suit income-focused investors seeking high monthly payouts, but they must consider the risks associated with options strategies and market volatility.

Frequently Asked Questions

They are ETFs that invest in stocks and sell call options on them to generate additional income from premiums.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.