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OMAH

GradeCNew York Stock Exchange Arca

VistaShares Target 15 Berkshire Select Income ETF

Option Income · VistaShares · Inception 2025-03-05

$17.97−0.10 (−0.55%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Mar 5, 2025.
Intraday session: down, 59 prints from 18.07 to 17.97. Range 17.96 to 18.07. Use the arrow keys to read each point.$17.95$18.00$18.0510 AM12 PM2 PM4 PM
Expense ratio
0.95%
Fund size
$1.1B
1Y return
+7.8%
Yield · Last 12 months
15.54%
Holdings
73
Volume · 30D
1M sh
NAV per share
$18.18
52W range
low $17.82high $19.54

The ETF.net OMAH Grade

C

47/ 100

Rank 13 of 24 in Other Index Option Income

Confidence Medium

Six-pillar profile for OMAH. Scores out of 100: Cost 9, Risk 61, Mission not scored, Tradability 98, Holdings 52, Durability 76. Strongest: Tradability (98). Weakest: Cost (9). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 9
    Category rank22/24 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 61
    Category rank10/23 · top 43%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 98
    Category rank1/24 · top 4%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 52
    Category rank9/16 · mid-pack
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 76
    Category rank6/24 · top 25%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on OMAH

ETF.net Research

CBerkshire hasn't cut a dividend check since 1967. OMAH mirrors its biggest public stakes, then sells calls against them to pursue a declared 15% annual income target, paid monthly. Buffett's shopping list with a payout schedule.

Stated mandate

The fund primarily seeks income and secondarily seeks long-term capital appreciation. It combines an equity portfolio based on the Solactive Berkshire Portfolio Top 20 Index NTR with an options portfolio intended to pursue a 15% annual income target.

Why people hold it

  1. 01Income here is manufactured, not harvested: a covered call overlay on the equity sleeve funds a stated 15% annual target, paid monthly instead of on a dividend calendar.vistashares.com
  2. 02The equity engine is BRK.B plus Berkshire's largest US-listed positions, actively managed against the Solactive Berkshire Portfolio Top 20 Index.
  3. 03Easy to get in and out of: it trades actively with a solid asset base behind it, and sits in the upper half of its options-income overlay peer group.

Worth knowing

  1. 01At 0.95% a year it costs more than the typical fund in its options-income group, and well above cheaper overlay funds like LQDW (0.34%) and YLDE (0.47%).
  2. 02The 15% is a target, not a promise. Payouts can include return of capital, which is your own money coming back, and selling calls hands away part of a big rally.vistashares.com
  3. 03Concentrated by design (BRK.B plus roughly 20 large-cap names) and trading only since 2025, so there is little history to judge it across different markets.

OMAH Holdings

As of Sep 20, 2026, 6:39 AM
Asset class
Stocks
Holdings
73
Top-10 weight
60%
Largest holding
AAPL10.5%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AAPLApple Inc10.52%347,544$117M707
002BRK-BBerkshire Hathaway Inc10.15%221,076$113M359
003AXPAmerican Express Co6.53%232,700$73M374
004KOCoca-Cola Co/The4.90%617,171$54M457
005VRSNVeriSign Inc4.86%178,096$54M315
006KRKroger Co/The4.75%880,264$53M318
007DVADAVITA INC4.72%284,982$52M210
008CVXChevron Corp4.72%249,981$52M468
009OXYOccidental Petroleum Corp4.61%869,393$51M314
010GOOGLAlphabet Inc4.54%144,177$50M704
011GOOGAlphabet Inc4.51%145,315$50M471
012CBChubb Ltd4.46%145,277$49M239
013KHCKraft Heinz Co/The4.44%2,017,065$49M287
014MCOMoody's Corp4.39%104,153$49M327
015SIRISirius XM Holdings Inc4.26%1,733,625$47M162

Showing 1–15 of 49 holdings

OMAH Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

OMAH$10,779
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. OMAH $10,779. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for OMAH. Periods over one year show the average yearly return.
PeriodOMAH
Year to date+6.6%
1 month−1.1%
3 months+1.5%
1 year+7.8%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for OMAH
YearReturn barOMAH
2026 YTD+6.6%
2025+6.7%

Since listing, Mar 5, 2025

OMAH in the news

ETF.net Research hasn’t filed on OMAH yet — coverage lands here as it’s written.

OMAH Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
15.54%Last 12 months
Payout per share
$2.81Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 18 payments from 2025 to 2026 YTD. Mar 27, 2025 $0.25; Apr 28, 2025 $0.24; May 27, 2025 $0.24; Jun 23, 2025 $0.24; Jul 28, 2025 $0.25; Aug 25, 2025 $0.24; Sep 29, 2025 $0.24; Oct 27, 2025 $0.24; Nov 24, 2025 $0.23; Dec 29, 2025 $0.24; Jan 26, 2026 $0.23; Feb 23, 2026 $0.23; Mar 30, 2026 $0.23; Apr 27, 2026 $0.23; May 26, 2026 $0.24; Jun 29, 2026 $0.23; Jul 27, 2026 $0.23; Aug 24, 2026 $0.23. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Aug 24, 2026Aug 25, 2026$0.23
Jul 27, 2026Jul 28, 2026$0.23
Jun 29, 2026Jun 30, 2026$0.23
May 26, 2026May 27, 2026$0.24
Apr 27, 2026Apr 28, 2026$0.23
Mar 30, 2026Mar 31, 2026$0.23
Feb 23, 2026Feb 24, 2026$0.23
Jan 26, 2026Jan 27, 2026$0.23
Dec 29, 2025Dec 30, 2025$0.24
Nov 24, 2025Nov 25, 2025$0.23
Oct 27, 2025Oct 28, 2025$0.24
Sep 29, 2025Sep 30, 2025$0.24

OMAH Risk

How much the fund’s monthly returns vary, scaled to a year.
6.8%
Annualised · 17 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.80
vs 3-month T-bills · 17 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−11.9%
18 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.24
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

OMAH Cost

Expense ratio0.95%
  • The middle half of Other Index Option Income funds
  • Median 0.74%

20 of the 23 Other Index Option Income funds charge less.

OMAH costs $95.00 a year on $10,000. The median Other Index Option Income fund costs $74.00.