RDTY vs RYLD: Grades, Fees and Holdings Compared

YieldMax R2000 0DTE Covered Call Strategy ETF

RDTYDNasdaq

Global X Russell 2000 Covered Call ETF

RYLDANYSE Arca

Overlap

0.0%by weight

Expense ratio

RYLD −1.13pt a year

RDTY1.73%RYLD0.60%

Avg volume · 30D

RYLD 42.1×the volume

RDTY12KRYLD504K

RDTY vs RYLD Performance

Oct 31, 2025 – Oct 30, 2026

+14.1%RDTY+12.1%RYLD

Expense ratio: RDTY 1.73%; RYLD 0.60%, better
Fund size: RDTY $15M; RYLD $1.3B
1Y total return: RDTY +14.1%, better; RYLD +12.1%
Yield (12M): RDTY 43.86%, better; RYLD 12.18%
Holdings: RDTY 4; RYLD 6
Avg volume (30D): RDTY 12K sh; RYLD 504K sh, better
NAV per share: RDTY $33.74; RYLD $15.30
52W range

ETF.net Grade

Pillar letters and Scores for RDTY, RYLD, with each pillar’s weight
Pillar	RDTY	RYLD
Cost30% weight	F6	A72Higher
Mission25% weight	A70	A97Higher
Risk15% weight	D35	B63Higher
Tradability15% weight	D31	A83Higher
Holdings10% weight	Not scored	C45
Durability5% weight	D25	A86Higher

Rank among Russell 2000 Option Income funds

How we build Categories ›

Same Category. RDTY and RYLD are both graded against the same 9 Russell 2000 Option Income funds, so their Grades compare head to head.

Russell 2000 Option Income⁠

Category · 9 funds

See all 9 ›

RYLD ranks 1st and RDTY 9th of 9 funds in the Russell 2000 Option Income Category.

Rank 1ARYLDGlobal X Russell 2000 Covered Call ETFScore 76
Rank 2AIWMWiShares Russell 2000 BuyWrite ETFScore 71
Rank 8DIWMYR2000 Weekly Distribution ETFScore 36
Rank 9DRDTYYieldMax R2000 0DTE Covered Call Strategy ETFScore 33

Our read on each fund

ETF.net Research

RDTYDYieldMax R2000 0DTE Covered Call Strategy ETF

RYLDAGlobal X Russell 2000 Covered Call ETF

In short

RDTY YieldMax's small-cap income experiment: sell options that expire the same day against Russell 2000 exposure, then push the premium out on a weekly schedule. A fast-cycle twist on the classic covered-call fund, priced like a specialty product.

RYLD The veteran of small-cap options income. Launched in 2019 and now a multi-billion-dollar fund, it owns the Russell 2000 and sells calls against it, swapping some upside for a monthly check.

Stated mandate

RDTY Actively managed to generate current income through frequent option-premium capture while providing exposure to the Russell 2000 Index's price return; it targets weekly income distributions.

RYLD The Fund is designed to track the price and yield performance of the Cboe Russell 2000 BuyWrite Index before fees and expenses.

Why people hold it

RDTY The 0DTE mechanic is the whole point: same-day-expiry options written for premium, with income targeted on a weekly cadence rather than the usual monthly drip.yieldmaxetfs.com
Actively managed, so strike and timing decisions sit with a manager instead of a fixed index rulebook.yieldmaxetfs.com
Russell 2000 price exposure stays underneath the options, so you hold small-cap beta while the calls convert part of a sharp rally into cash now.yieldmaxetfs.com

RYLD 0.60% a year undercuts the median fee among Russell 2000 income funds, and comes in below NEOS's IWMI at 0.76%.
Simple, legible machine: track the Cboe Russell 2000 BuyWrite Index, own the small caps, sell the calls, pay out monthly.
One of the stronger implementations in its Russell 2000 income group, backed by active trading and a multi-billion-dollar asset base.

Worth knowing

RDTY At 1.73% a year, the fee is more than double the category median of 0.76%. Cheaper Russell 2000 call-writers exist, including RYLG at 0.35% and RYLD at 0.60%.
The fund discloses that distributions can include return of capital, meaning part of a payout may be your own money coming back rather than earned income.yieldmaxetfs.com
Launched in 2025, it is still a small fund that trades thinly, so the track record is short and spreads deserve a look before you use market orders.

RYLD A buy-write trades away the melt-up. When small caps rip, the called-away shares mean the premium is most of what you get.
Cheaper Russell 2000 call-writers exist: iShares' IWMW at 0.39% and Global X's own RYLG at 0.35%.
The monthly payment is option premium, not a coupon. It rises and falls with small-cap volatility rather than arriving at a set rate.

Full RDTY profile⁠

Full RYLD profile⁠

RDTY vs RYLD Holdings

As of Oct 13, 2026

How RDTY and RYLD differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of RDTY and 0.0% of RYLD.

Level by level

Holdings0 in both0.0%
Sector11 Sectors98.7%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in RDTY and RYLD, widest gap first
Sector	More in RDTYMore in RYLD	RDTY	RYLD
Technology	RDTY +0.4 points	14.5%	14.1%
Industrials	RDTY +0.5 points	13.3%	12.8%
Financials	RYLD +0.4 points	18.0%	18.4%
Consumer Discretionary	RYLD +0.4 points	8.6%	9.0%
Materials	RDTY +0.2 points	4.3%	4.1%
Health Care	RDTY +0.1 points	20.9%	20.8%
Consumer Staples	RYLD +0.1 points	2.6%	2.7%
Real Estate	RYLD +0.1 points	6.4%	6.5%
Utilities	RYLD +0.1 points	2.7%	2.8%
Communication	Same weight	2.3%	2.3%
Energy	Same weight	6.4%	6.4%

Country, concentration and asset class

Country by domicile

Country weights in RDTY and RYLD, widest gap first
Country	More in RDTYMore in RYLD	RDTY	RYLD
United States	Same weight	98.4%	98.4%
Brazil	Same weight	0.6%	0.6%
Switzerland	Same weight	0.3%	0.3%
Canada	Same weight	0.2%	0.2%
United Kingdom	RYLD +0.1 points	0.1%	0.2%
Taiwan	Same weight	0.1%	0.1%
Singapore	Same weight	0.1%	0.1%
Australia	Same weight	0.0%	0.0%
Other countries (5)	Same weight	0.1%	0.1%

Concentration

Weight in the 10 largest Holdings

RDTY100.0%
RYLD100.1%

Securities held

RDTY3
RYLD4

Asset class

RDTY: Equity
RYLD: Equity

Holdings

Only in RDTY3
In both0
Only in RYLD4

Only in RDTY

3 securities, 94.7% of RDTY by weight

Rut 12/18/2026 310.26 C91.89%
First American Government Obligations Fund 12/01/20312.58%
United States Treasury Note/Bond 3.375% 09/15/20270.26%

Only in RYLD

4 securities, 100% of RYLD by weight

Global X Russell 2000 Etf100.04%
Inhibrx Inc<0.01%
Novartis AG - Cvr<0.01%
Cartesian Therapeutics Inc0.00%

Weight gaps

RDTY and RYLD share no securities.

All 4 RDTY holdings⁠All 8 RYLD 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.

RDTY vs RYLD Cost

Overpaying RDTY vs RYLD

$17,625

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

RDTY 1.73%
$29,442
RYLD 0.60%
$11,817

Amount$10,000

Years30 years

Cost over time

RDTY 1.73%
RYLD 0.60%
Overpaying

Year by year

Year	RDTY	RYLD	Overpaying
10	$2,959	$1,076	$1,883
20	$10,765	$4,116	$6,649
30	$29,442	$11,817	$17,625

Expense ratio

1.73%RDTY
0.60%RYLD, cheaper

RYLD0.60%RDTY1.73%

0.35%1.73%

Middle half of Russell 2000 Option Income funds
Median 0.69%

RYLD 3rd cheapest of 9 funds

RDTY 9th cheapest of 9 funds

RDTY vs RYLD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): RDTY 43.86%, better; RYLD 12.18%
Payout (12M): RDTY $14.82; RYLD $1.87
Last payment: RDTY $0.24; RYLD $0.15
Ex-dividend: RDTY Oct 28, 2026; RYLD Oct 19, 2026
Paid on: RDTY Oct 29, 2026; RYLD Oct 22, 2026
Frequency: RDTY Weekly; RYLD Monthly

Distribution history

Per share, 2026, same scale for both

RDTYWeekly · 43 paymentsAll RDTY payments⁠

RYLDMonthly · 10 paymentsAll RYLD payments⁠

RDTY vs RYLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: RDTY 14.2%since Apr 2025RYLD 8.7%
Return per unit of riskSharpe ratio, 3 years: RDTY 1.03since Apr 2025RYLD 0.73
Worst fallMax drawdown, 5 years: RDTY −17.3%since Mar 2025RYLD −21.4%
Market sensitivityBeta, 5 years: RDTY 0.90RYLD 0.54; Market = 1

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