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Dividend Vision

Target-distribution ETFs

Target-distribution ETFs aim to pay a specific, pre-set income level — Defiance's Target 20 and Target 30 line (SPYT, QQQT) and similar managed-payout funds — rather than distributing whatever an index yields. They use an options-income strategy to hit the target, which means a high, predictable-looking distribution but capped upside and NAV-erosion risk if the payout outruns returns. The yield floor here separates these from target-outcome (buffer) funds, which barely distribute.

20 funds match this screen. Membership and fund data are both as of , refreshed on every build.

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Screen Target-Distribution ETFs

DV Scorecard

Our proprietary snapshot of this list — averages and standouts, computed from the funds below. Not investment advice.

Avg Distribution Safety Score™65/100across 20 funds
Median Yield15.14%distribution rate
Median 1-Yr Price Return+5.4%median of 19/20 funds
Payout CadenceMonthlymost common
Avg Expense Ratio0.80%annual fee
Highest YieldLIFT47.61%
Highest SafetyIGLDscore 88
Best Safety-Adj. YieldXXVsafety 60 · 26.32%

Yield distribution

How distributions cluster across this category.

Yield vs AUM

Each bubble is one ETF. Top 4 by yield and top 4 by AUM are labelled.

Risk vs reward

Distribution rate across the bottom, Distribution Safety Score up the side. Yellow rings mark the best Safety-Adjusted Yield™ — distribution rate adjusted for safety — among funds with a proven safety score of 60+.

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20 ETFs tracked

Grouped by distribution frequency. Ticker links open the full per-fund page.

Top 20 by distribution rate

TickerIssuerETF NameDist. Rate
LIFTStone RidgeLifeX 2028 Income Bucket ETF47.61%
BGLDFirst TrustFT Vest Gold Strategy Quarterly Buffer ETF28.07%
XXVSimplify ETFsSimplify Ancorato Target 25 Distribution ETF26.32%
BCKTStone RidgeLifeX 2030 Income Bucket ETF25.95%
QQQTDefiance ETFsDefiance Nasdaq 100 Income Target ETF21.14%
SPYTDefiance ETFsDefiance S&P 500 Income Target ETF20.36%
DRKYVistaSharesVistaShares Target 15™ Stanley Druckenmiller Income ETF16.42%
TPRYVistaSharesVistaShares Target 15™ TEPRTantrum Contrarian Distribution ETF16.03%
QUSAVistaSharesVistaShares Target 15 USA Quality Income ETF15.79%
SIOOVistaSharesVistaShares Target 15™ S&P 100 Distribution ETF15.15%
XVSimplify ETFsSimplify Target 15 Distribution ETF15.13%
ACKYVistaSharesVistaShares Bill Ackman Target 15 Income Fund14.95%
OMAHVistaSharesVistaShares Target 15 Berkshire Select Income ETF14.84%
SOXYYieldMaxYieldMax Target 12™ Semiconductor Option Income ETF14.33%
TLTPAmplify ETFsAmplify TLT U.S. Treasury 12% Option Income ETF13.02%
BIGYYieldMaxYieldMax Target 12 Big 50 Option Income ETF12.42%
RNTYYieldMaxYieldMax Target 12 Real Estate Option Income ETF11.85%
KBUFKraneSharesKraneShares 90% KWEB Defined Outcome January 2027 ETF9.06%
IGLDFirst TrustFT Vest Gold Strategy Target Income ETF®7.03%
TIPDNorthern TrustNorthern Trust 2055 Inflation-Linked Distributing Ladder ETF6.07%

Related lists

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