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OMAH vs SIOO

VistaShares Target 15 Berkshire Select Income ETF

OMAHCNYSE Arca

VistaShares Target 15 S&P 100 Distribution ETF

SIOOANYSE Arca

Overlap

Expense ratio

SIOO −0.39pt a year

OMAH0.98%SIOO0.59%

Avg volume · 30D

OMAH 101.7×the volume

OMAH1.09MSIOO10.7K

OMAH vs SIOO Performance

Dec 31, 2025 – Nov 2, 2026

+9.6%OMAH+8.2%SIOO

Dec 31, 2025 to Nov 2, 2026. OMAH +9.6%. SIOO +8.2%. Use the arrow keys to read each point.−5%−2.5%0%2.5%5%Dec 2025Jun 2026Nov 2026
Expense ratio
OMAH 0.98%
SIOO 0.59%, better
Fund size
OMAH $1.12B
SIOO $25M
1Y total return
OMAH +11.6%
SIOO No data
Yield (12M)
OMAH 15.34%
SIOO No data
Holdings
OMAH 48
SIOO 109
Avg volume (30D)
OMAH 1.09M sh, better
SIOO 10.7K sh
NAV per share
OMAH $18.03
SIOO $19.16
52W range

ETF.net Grade

OMAH: Cost 9, Risk 66, Mission not scored, Tradability 97, Holdings 52, Durability 76. SIOO: Cost 91, Risk 69, Mission not scored, Tradability 41, Holdings 77, Durability 42.
Pillar letters and Scores for OMAH, SIOO, with each pillar’s weight
PillarOMAHSIOO
Cost30% weightF9A91Higher
Mission25% weightNot scoredNot scored
Risk15% weightB66B69Higher
Tradability15% weightA97HigherC41
Holdings10% weightC52A77Higher
Durability5% weightA76HigherC42

Rank among Other Index Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. OMAH and SIOO are both graded against the same 24 Other Index Option Income funds, so their Grades compare head to head.

Other Index Option Income⁠

Category · 24 funds
See all 24 ›

SIOO ranks 2nd and OMAH 11th of 24 funds in the Other Index Option Income Category.

  1. Rank 1ADJIAGlobal X Dow 30 Covered Call ETFScore 75
  2. Rank 2ASIOOVistaShares Target 15 S&P 100 Distribution ETFScore 71
  3. Rank 3BHYGWiShares High Yield Corporate Bond BuyWrite Strategy ETFScore 68
  4. Rank 10CGTRWisdomTree Target Range FundScore 55
  5. Rank 11COMAHVistaShares Target 15 Berkshire Select Income ETFScore 48
  6. Rank 12CPAYMTrueShares S&P Autocallable Defensive Income ETFScore 46

Our read on each fund

ETF.net Research

OMAHCVistaShares Target 15 Berkshire Select Income ETF

SIOOAVistaShares Target 15 S&P 100 Distribution ETF

In short

OMAH Berkshire famously pays no dividend. OMAH builds a book around its 20 largest stock holdings plus BRK.B itself, then sells calls on them to chase a 15% annual income target, paid monthly, for 0.98% a year.

SIOO Most equity-income ETFs pay out whatever the options market hands them. SIOO starts from the answer: a 15% annual income target, paid monthly, bolted onto an S&P 100 core using index options that carry 60/40 tax treatment.

Stated mandate

OMAH 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.

SIOO The actively managed ETF seeks income and, secondarily, long-term capital appreciation. It combines equity exposure based on the S&P 100 Index (OEX) with an options portfolio intended to generate income.

Why people hold it

  • OMAH Berkshire hands shareholders nothing. OMAH sells call options on a Berkshire-shaped equity book to pursue a 15% annual income target, distributed monthly.cnbc.com
  • The options sleeve is actively run, not a fixed formula: the adviser writes covered calls and spreads across the holdings and shifts with market volatility.vistashares.comvistashares.com 2
  • Launched in 2025 and already a multi-billion-dollar fund that trades actively, making it one of the easier names in its options-income group to get in and out of.
  • Full transparency on what you own: roughly 70 positions mirroring Berkshire's top 20 public stakes, plus direct BRK.B exposure.vistashares.com
  • SIOO 0.59% expense ratio, below the 0.75% typical for options-income funds. Modest toll for an actively managed overlay.
  • The overlay uses S&P 100 (OEX) index options, section 1256 contracts taxed at blended 60/40 rates, and the manager also hunts tax-loss harvesting in the equity sleeve.vistashares.com
  • You keep the stocks. The equity sleeve generally mirrors the S&P 100's mega-cap roster, with the income machinery layered on top rather than replacing it.vistashares.com
  • The payout target is stated up front: 15% a year, distributed monthly. A published yardstick you can hold the fund to, rather than a mystery yield.vistashares.com

Worth knowing

  • OMAH Costs 0.98% a year, above the typical fee in its category and above sibling SIOO at 0.59%, which runs the same Target 15 approach on the S&P 100.
  • The 15% is a target, not a dividend. Distributions can include return of capital, which is your own money coming back and can pull NAV lower over time.vistashares.com
  • Selling calls trades away part of any big rally in a concentrated, non-diversified portfolio, and the record only begins in March 2025.vistashares.com
  • SIOO 15% is a target, not a coupon. Distributions can include return of capital, which sends part of your own principal back and trims net asset value.vistashares.com
  • Income comes from an actively managed options book, so the outcome rides on manager decisions and options pricing instead of a fixed dividend stream.
  • Launched in December 2025 and still a small, lightly traded fund. Short history and wider bid-ask spreads come with that territory.

Full OMAH profile⁠

Full SIOO profile⁠

OMAH vs SIOO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

OMAH vs SIOO Cost

Overpaying OMAH vs SIOO

$6,727

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • OMAH 0.98%

    $18,362

  • SIOO 0.59%

    $11,635

$10,000
30 years

Cost over time

  • OMAH 0.98%
  • SIOO 0.59%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530OMAH $18,362SIOO $11,635

Year by year

YearOMAHSIOOOverpaying
10$1,729$1,058$671
20$6,504$4,051$2,453
30$18,362$11,635$6,727

Expense ratio

  • 0.98%OMAH
  • 0.59%SIOO, cheaper
  • Middle half of Other Index Option Income funds
  • Median 0.74%

SIOO 3rd cheapest of 24 funds

OMAH 22nd cheapest of 24 funds

OMAH vs SIOO Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
OMAH 15.34%
SIOO No data
Payout (12M)
OMAH $2.78
SIOO No data
Last payment
OMAH $0.23
SIOO $0.25
Ex-dividend
OMAH Oct 26, 2026
SIOO Oct 26, 2026
Paid on
OMAH Oct 27, 2026
SIOO Oct 27, 2026
Frequency
OMAH Monthly
SIOO Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

OMAHMonthly · 20 paymentsAll OMAH payments⁠
One bar per payment. 20 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; Sep 28, 2026 $0.22; Oct 26, 2026 $0.23. Use the arrow keys to read each point.$0$0.252026YTD
SIOOMonthly · 11 paymentsAll SIOO payments⁠
One bar per payment. 11 payments from 2025 to 2026 YTD. Dec 29, 2025 $0.25; Jan 26, 2026 $0.25; Feb 23, 2026 $0.24; Mar 30, 2026 $0.24; Apr 27, 2026 $0.25; May 26, 2026 $0.25; Jun 29, 2026 $0.24; Jul 27, 2026 $0.25; Aug 24, 2026 $0.25; Sep 28, 2026 $0.25; Oct 26, 2026 $0.25. Use the arrow keys to read each point.$0$0.252026YTD

OMAH vs SIOO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
OMAH 7.5%since Apr 2025SIOO No data
Return per unit of riskSharpe ratio, 3 years
OMAH 0.74since Apr 2025SIOO No data
Worst fallMax drawdown, 5 years
OMAH −11.9%since Mar 2025SIOO No data
Market sensitivityBeta, 5 years
OMAH 0.24SIOO 0.57

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