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SIOO vs XV

VistaShares Target 15 S&P 100 Distribution ETF

SIOOANYSE Arca

Simplify Target 15 Distribution ETF

XVCNYSE Arca

Overlap

Expense ratio

SIOO −0.17pt a year

SIOO0.59%XV0.76%

Avg volume · 30D

XV 5.2×the volume

SIOO10.7KXV55.2K

SIOO vs XV Performance

Dec 31, 2025 – Oct 30, 2026

+9.1%SIOO+5.3%XV

Dec 31, 2025 to Oct 30, 2026. SIOO +9.1%. XV +5.3%. Use the arrow keys to read each point.−5%0%Dec 2025Jun 2026Oct 2026
Expense ratio
SIOO 0.59%, better
XV 0.76%
Fund size
SIOO $25M
XV $105M
1Y total return
SIOO No data
XV +7.0%
Yield (12M)
SIOO No data
XV 20.61%
Holdings
SIOO 109
XV 9
Avg volume (30D)
SIOO 10.7K sh
XV 55.2K sh, better
NAV per share
SIOO $19.16
XV $23.62
52W range

ETF.net Grade

SIOO: Cost 91, Risk 69, Mission not scored, Tradability 41, Holdings 77, Durability 42. XV: Cost 37, Risk 58, Mission not scored, Tradability 50, Holdings 42, Durability 64.
Pillar letters and Scores for SIOO, XV, with each pillar’s weight
PillarSIOOXV
Cost30% weightA91HigherD37
Mission25% weightNot scoredNot scored
Risk15% weightB69HigherB58
Tradability15% weightC41C50Higher
Holdings10% weightA77HigherC42
Durability5% weightC42B64Higher

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. SIOO and XV 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 XV 12th 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 12CPAYMTrueShares S&P Autocallable Defensive Income ETFScore 46
  5. Rank 12CXVSimplify Target 15 Distribution ETFScore 46
  6. Rank 14CDOGGFT Vest DJIA Dogs 10 Target Income ETFScore 45

Our read on each fund

ETF.net Research

SIOOAVistaShares Target 15 S&P 100 Distribution ETF

XVCSimplify Target 15 Distribution ETF

In short

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.

XV Most income ETFs pay out whatever their options happen to earn. XV flips the order: the 15% annualized target comes first, and the barriers on its ladder of put options are set to support it. Monthly payouts, risk line drawn in advance.

Stated mandate

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.

XV XV seeks to generate a 15% annualized distribution paid monthly by selling a laddered portfolio of barrier put options. Barrier levels are adjusted to support the target, while losses may occur after a barrier is breached.

Why people hold it

  • 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
  • XV The payout rate is the input, not the leftover. Barrier levels on a laddered book of put options are adjusted to support a 15% annualized distribution, paid monthly.simplify.us
  • Barrier puts draw the risk line in advance: losses come after a barrier is breached, not from every wobble in the market, so the exposure is quantifiable up front.simplify.us
  • A structured-note-style payoff without the note. A 1940 Act ETF you can buy and sell on exchange any day the market is open, distributing monthly.simplify.us
  • The 0.75% expense ratio sits at the median for option-income funds, mid-pack rather than the premium end, for machinery that is far from plain vanilla.

Worth knowing

  • 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.
  • XV Worst-of pricing means the weakest of three baskets (US large cap, small cap, growth) sets the outcome. A breach there bites even if the other two hold up.simplify.us
  • Simplify discloses that distributions can include return of capital, your own money coming back, which reduces NAV rather than adding to it.simplify.us
  • It launched in 2025 and trades thinly next to the category giants, so spreads can be wider and there is little history behind the target.

Full SIOO profile⁠

Full XV profile⁠

SIOO vs XV 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.

SIOO vs XV Cost

Overpaying XV vs SIOO

$3,021

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

  • SIOO 0.59%

    $11,635

  • XV 0.76%

    $14,656

$10,000
30 years

Cost over time

  • SIOO 0.59%
  • XV 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530XV $14,656SIOO $11,635

Year by year

YearSIOOXVOverpaying
10$1,058$1,353$295
20$4,051$5,142$1,091
30$11,635$14,656$3,021

Expense ratio

  • 0.59%SIOO, cheaper
  • 0.76%XV
  • Middle half of Other Index Option Income funds
  • Median 0.74%

SIOO 3rd cheapest of 24 funds

XV 16th cheapest of 24 funds

SIOO vs XV Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SIOO No data
XV 20.61%
Payout (12M)
SIOO No data
XV $4.87
Last payment
SIOO $0.25
XV $0.30
Ex-dividend
SIOO Oct 26, 2026
XV Oct 27, 2026
Paid on
SIOO Oct 27, 2026
XV Oct 30, 2026
Frequency
SIOO Monthly
XV Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

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$12026YTD
XVMonthly · 18 paymentsAll XV payments⁠
One bar per payment. 18 payments from 2025 to 2026 YTD. May 27, 2025 $0.32; Jun 25, 2025 $0.33; Jul 28, 2025 $0.33; Aug 26, 2025 $0.33; Sep 25, 2025 $0.33; Oct 28, 2025 $0.33; Nov 21, 2025 $0.33; Dec 23, 2025 $1.51; Jan 27, 2026 $0.32; Feb 24, 2026 $0.31; Mar 26, 2026 $0.30; Apr 27, 2026 $0.30; May 26, 2026 $0.30; Jun 25, 2026 $0.30; Jul 28, 2026 $0.30; Aug 26, 2026 $0.30; Sep 25, 2026 $0.30; Oct 27, 2026 $0.30. Use the arrow keys to read each point.$0$12026YTD

SIOO vs XV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SIOO No dataXV 7.7%since May 2025
Return per unit of riskSharpe ratio, 3 years
SIOO No dataXV 1.11since May 2025
Worst fallMax drawdown, 5 years
SIOO No dataXV −5.7%since Apr 2025
Market sensitivityBeta, 5 years
SIOO 0.57XV 0.55

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