Research
ETF Income Research
Three questions this section answers: how well-supported is a fund's distribution, which payouts changed this week, and where a share split has quietly rewritten a fund's payout history. Every safety report covers Distribution Safety Scoreβ’ history, the payout record, cut risk, return-of-capital context, and higher-scoring alternatives β with sources and limits disclosed.
Payout changes
Updated weekly
ETF Distribution Cut Tracker
Every ETF whose latest payment came in at least 5% above or below the one before it, split-adjusted, with four historical comparisons and Distribution Safety Scoreβ’ context.
Data integrity
Verified against our own EOD data
ETF Reverse Split Tracker
Every reverse and forward split we can verify, with the pre-split payout restated onto the new share count β and scheduled-but-unconfirmed splits kept separate from completed ones.
Safety research
JPMorgan Nasdaq Equity Premium Income ETF
Safe
Largest score deduction: past dividend cut
View safety reportNEOS Nasdaq-100 High Income ETF
Safe
Largest score deduction: short track record
View safety reportGoldman Sachs Nasdaq-100 Core Premium Income ETF
Safe
Largest score deduction: short track record
View safety reportNEOS S&P 500 High Income ETF
Safe
Largest score deduction: short track record
View safety reportJPMorgan Equity Premium Income ETF
Generally safe
Largest score deduction: past dividend cut
View safety reportTappAlpha Innovation 100 Growth & Daily Income ETF
Generally safe
Largest score deduction: short track record
View safety reportGoldman Sachs S&P 500 Core Premium Income ETF
Safe
Largest score deduction: short track record
View safety reportNEOS Russell 2000 High Income ETF
Safe
Largest score deduction: short track record
View safety reportSPY Growth & Daily Income ETF
Generally safe
Largest score deduction: short track record
View safety reportNEOS Real Estate High Income ETF
Generally safe
Largest score deduction: covered price decline
View safety reportNEOS Bitcoin High Income ETF
High risk
Largest score deduction: falling payout
View safety reportNEOS MLP & Energy Infrastructure High Income ETF
Generally safe
Largest score deduction: short track record
View safety reportNEOS Gold High Income ETF
Generally safe
Largest score deduction: falling payout
View safety reportNicholas Global Equity and Income ETF
Caution
Largest score deduction: falling payout
View safety reportYieldMax MSTR Option Income Strategy ETF
Elevated risk
Largest score deduction: price erosion
View safety reportYieldMax NVDA Option Income Strategy ETF
Elevated risk
Largest score deduction: falling payout
View safety reportYieldMax COIN Option Income Strategy ETF
Elevated risk
Largest score deduction: price erosion
View safety reportYieldMax TSLA Option Income Strategy ETF
Caution
Largest score deduction: long-term price decline
View safety reportYieldMax PLTR Option Income Strategy ETF
Caution
Largest score deduction: covered price decline
View safety reportYieldMax AMZN Option Income Strategy ETF
Elevated risk
Largest score deduction: falling payout
View safety reportYieldMax Ultra Option Income Strategy ETF
Caution
Largest score deduction: falling payout
View safety reportYieldMax Universe Fund of Option Income ETFs
Caution
Largest score deduction: falling payout
View safety reportYieldMax Magnificent 7 Fund of Option Income ETFs
Caution
Largest score deduction: covered price decline
View safety reportYieldMax Crypto Industry & Tech Portfolio Option Income ETF
Elevated risk
Largest score deduction: falling payout
View safety reportYieldMax Semiconductor Portfolio Option Income ETF
Generally safe
Largest score deduction: very high yield
View safety reportRoundhill S&P 500 0DTE Covered Call Strategy ETF
Generally safe
Largest score deduction: falling payout
View safety reportRoundhill Innovation-100 0DTE Covered Call Strategy ETF
Caution
Largest score deduction: covered price decline
View safety reportRoundhill Top WeeklyPay ETF
Generally safe
Largest score deduction: very high yield
View safety reportGraniteShares YieldBOOST TSLA ETF
Caution
Largest score deduction: price erosion
View safety reportAmplify CWP Enhanced Dividend Income ETF
Safe
Largest score deduction: past dividend cut
View safety reportGlobal X Nasdaq 100 Covered Call ETF
Safe
Largest score deduction: past dividend cut
View safety reportGlobal X S&P 500 Covered Call ETF
Generally safe
Largest score deduction: past dividend cut
View safety reportGlobal X Russell 2000 Covered Call ETF
Generally safe
Largest score deduction: past dividend cut
View safety reportDefiance S&P 500 Income Target ETF
Safe
Largest score deduction: covered price decline
View safety reportWhat every page covers
Each analysis follows the same contract, in the same order, so funds can be compared honestly:
- A direct verdict and the current Distribution Safety Scoreβ’ with its trend over ~two years of weekly readings
- The factors helping and weighing on the score, from the same engine that scores every fund on the site
- The complete distribution record β payments by year, the last 12, and run-rate changes
- Price trend, total return vs distributions against SPY and QQQ, and drawdown
- Return-of-capital status, disclosed honestly when issuer data does not exist
- Higher-scoring alternatives from a curated same-strategy peer set β never ranked by yield alone
The scoring rules are public: read the Distribution Safety Score methodology. Scores describe current data and are not predictions or investment advice.
Want this analysis for your whole portfolio?
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Learn the method
The metrics and risks behind this list, explained in the Academy.


