DV
Dividend Vision

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.

34 funds analyzed 0–100 safety scale Weekly score history

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.

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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.

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Safety research

JEPQ steady
90/100

JPMorgan Nasdaq Equity Premium Income ETF

13.60% distribution rate 52 payments since 2022

Safe

Largest score deduction: past dividend cut

View safety report
QQQI steady
84/100

NEOS Nasdaq-100 High Income ETF

13.99% distribution rate 32 payments since 2024

Safe

Largest score deduction: short track record

View safety report
GPIQ steady
84/100

Goldman Sachs Nasdaq-100 Core Premium Income ETF

10.48% distribution rate 34 payments since 2023

Safe

Largest score deduction: short track record

View safety report
SPYI steady
90/100

NEOS S&P 500 High Income ETF

12.07% distribution rate 49 payments since 2022

Safe

Largest score deduction: short track record

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JEPI steady
74/100

JPMorgan Equity Premium Income ETF

7.93% distribution rate 75 payments since 2020

Generally safe

Largest score deduction: past dividend cut

View safety report
TDAQ steady
79/100

TappAlpha Innovation 100 Growth & Daily Income ETF

17.12% distribution rate 12 payments since 2025

Generally safe

Largest score deduction: short track record

View safety report
GPIX steady
84/100

Goldman Sachs S&P 500 Core Premium Income ETF

8.56% distribution rate 34 payments since 2023

Safe

Largest score deduction: short track record

View safety report
IWMI steady
84/100

NEOS Russell 2000 High Income ETF

14.58% distribution rate 28 payments since 2024

Safe

Largest score deduction: short track record

View safety report
TSPY steady
79/100

SPY Growth & Daily Income ETF

14.00% distribution rate 24 payments since 2024

Generally safe

Largest score deduction: short track record

View safety report
IYRI steady
79/100

NEOS Real Estate High Income ETF

11.03% distribution rate 21 payments since 2025

Generally safe

Largest score deduction: covered price decline

View safety report
BTCI improving
16/100

NEOS Bitcoin High Income ETF

26.27% distribution rate 24 payments since 2024

High risk

Largest score deduction: falling payout

View safety report
MLPI steady
79/100

NEOS MLP & Energy Infrastructure High Income ETF

14.26% distribution rate 10 payments since 2025

Generally safe

Largest score deduction: short track record

View safety report
IAUI steady
79/100

NEOS Gold High Income ETF

11.86% distribution rate 16 payments since 2025

Generally safe

Largest score deduction: falling payout

View safety report
GIAX steady
57/100

Nicholas Global Equity and Income ETF

23.21% distribution rate 58 payments since 2024

Caution

Largest score deduction: falling payout

View safety report
MSTY steady
29/100

YieldMax MSTR Option Income Strategy ETF

75.73% distribution rate 68 payments since 2024

Elevated risk

Largest score deduction: price erosion

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NVDY declining
21/100

YieldMax NVDA Option Income Strategy ETF

36.94% distribution rate 79 payments since 2023

Elevated risk

Largest score deduction: falling payout

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CONY steady
29/100

YieldMax COIN Option Income Strategy ETF

74.61% distribution rate 74 payments since 2023

Elevated risk

Largest score deduction: price erosion

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TSLY improving
58/100

YieldMax TSLA Option Income Strategy ETF

49.67% distribution rate 85 payments since 2023

Caution

Largest score deduction: long-term price decline

View safety report
PLTY steady
49/100

YieldMax PLTR Option Income Strategy ETF

33.33% distribution rate 62 payments since 2024

Caution

Largest score deduction: covered price decline

View safety report
AMZY steady
21/100

YieldMax AMZN Option Income Strategy ETF

25.43% distribution rate 75 payments since 2023

Elevated risk

Largest score deduction: falling payout

View safety report
ULTY declining
42/100

YieldMax Ultra Option Income Strategy ETF

59.81% distribution rate 94 payments since 2024

Caution

Largest score deduction: falling payout

View safety report
YMAX improving
55/100

YieldMax Universe Fund of Option Income ETFs

39.53% distribution rate 112 payments since 2024

Caution

Largest score deduction: falling payout

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YMAG steady
50/100

YieldMax Magnificent 7 Fund of Option Income ETFs

30.80% distribution rate 112 payments since 2024

Caution

Largest score deduction: covered price decline

View safety report
LFGY improving
31/100

YieldMax Crypto Industry & Tech Portfolio Option Income ETF

39.36% distribution rate 87 payments since 2025

Elevated risk

Largest score deduction: falling payout

View safety report
CHPY steady
79/100

YieldMax Semiconductor Portfolio Option Income ETF

57.48% distribution rate 75 payments since 2025

Generally safe

Largest score deduction: very high yield

View safety report
XDTE declining
62/100

Roundhill S&P 500 0DTE Covered Call Strategy ETF

15.18% distribution rate 130 payments since 2024

Generally safe

Largest score deduction: falling payout

View safety report
QDTE declining
58/100

Roundhill Innovation-100 0DTE Covered Call Strategy ETF

20.76% distribution rate 130 payments since 2024

Caution

Largest score deduction: covered price decline

View safety report
TOPW improving
77/100

Roundhill Top WeeklyPay ETF

33.85% distribution rate 53 payments since 2025

Generally safe

Largest score deduction: very high yield

View safety report
TSYY steady
49/100

GraniteShares YieldBOOST TSLA ETF

43.73% distribution rate 74 payments since 2024

Caution

Largest score deduction: price erosion

View safety report
DIVO steady
93/100

Amplify CWP Enhanced Dividend Income ETF

4.94% distribution rate 104 payments since 2017

Safe

Largest score deduction: past dividend cut

View safety report
QYLD steady
81/100

Global X Nasdaq 100 Covered Call ETF

11.83% distribution rate 152 payments since 2014

Safe

Largest score deduction: past dividend cut

View safety report
XYLD steady
78/100

Global X S&P 500 Covered Call ETF

8.94% distribution rate 158 payments since 2013

Generally safe

Largest score deduction: past dividend cut

View safety report
RYLD steady
65/100

Global X Russell 2000 Covered Call ETF

12.60% distribution rate 88 payments since 2019

Generally safe

Largest score deduction: past dividend cut

View safety report
SPYT steady
84/100

Defiance S&P 500 Income Target ETF

20.37% distribution rate 30 payments since 2024

Safe

Largest score deduction: covered price decline

View safety report

What every page covers

Each analysis follows the same contract, in the same order, so funds can be compared honestly:

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?

Upload your holdings to see a combined Distribution Safety Score, projected income, and overlap across everything you own.

Learn the method

The metrics and risks behind this list, explained in the Academy.

From the blog