Dividend comparison

CONY vs PLTY: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for YieldMax COIN Option Income Strategy ETF and YieldMax PLTR Option Income Strategy ETF, side by side. Updated October 21, 2026.

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CONY vs PLTY: key differences
The short answer, from the latest data on this page.
  • Fees. CONY is cheaper at 1.04% a year versus 1.07% for PLTY. On $10,000 that is $3 a year less in fees.
  • Income. CONY pays more income, yielding 120.75% over the last twelve months versus 73.09% for PLTY. That is about $4,766 more a year on $10,000. Both pay monthly.
  • Performance. Over the last 1 year, PLTY returned -38.2% versus -42.5% for CONY, with dividends reinvested. $10,000 would have grown to $6,178 in PLTY and $5,752 in CONY.
  • Risk. CONY has been the bumpier ride. Its worst peak-to-trough decline over the last 1 year was -68.8%, against -59.2% for PLTY.

Bottom line: CONY fits better if you care most about lower fees and more income today. PLTY fits better if you care most about stronger 1-year returns and smaller drawdowns.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricCONY
YieldMax COIN Option Income Strategy ETF
PLTY
YieldMax PLTR Option Income Strategy ETF
Dividend yield (TTM)120.75%73.09%
Dividend / share (TTM)$21.94$26.12
Payout frequencyMonthlyMonthly
Last dividend$0.2148 on Oct 16, 2026$0.5632 on Oct 16, 2026
Ex-dividend dateOct 15, 2026Oct 15, 2026
Price$18.17$35.74
Beta1.930.79
Max drawdown (5Y)-68.8%-59.2%
Market cap$362.4M$342.6M
ExchangeAMEXAMEX
Expense ratio1.04%1.07%
Assets under management$354.7M$356.4M
Number of holdings6—
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

CONY

$1006.26/mo

$12075 /yr at 120.75% yield

PLTY

$609.09/mo

$7309 /yr at 73.09% yield

Dividend history
Total dividends paid per share in each calendar year. CONY pays monthly; PLTY pays monthly.
YearCONYPLTY
2025$75.5777$57.9630
2024$202.9790—
Strategy: Single-stock option income
Funds that hold synthetic exposure to one stock, or a basket of them, and sell call options against it every week or month to pay very large distributions. The payout comes from option premium, which is high because the underlying stocks are volatile. When the stock rallies hard, the fund keeps only a slice of the gain; when it falls, the fund takes most of the loss.

Distributions can include return of capital and the share price tends to erode over time, so the headline yield overstates what the investor actually keeps.

What CONY vs PLTY actually do

CONY
A YieldMax fund that sells options tied to Coinbase Global stock for weekly income, without holding the shares.

Exposure is synthetic: the fund buys calls and sells puts at matching strikes to replicate roughly 100% of the stock's price movement, then writes calls or call spreads on top to collect premium. Coinbase's earnings move with crypto trading volume, so both the stock and the option premium swing hard with the crypto cycle, and the distribution swings with them. Like others in the range it charges around 1% a year and has paid distributions that included return of capital.

Suits only a speculative sleeve sized so that a total loss would not matter. The structure concentrates single-company risk, caps the upside that would otherwise compensate for it, and can erode net asset value over time while still paying out, so it does not behave like the income funds it is often compared against.

Speculative, single-stock, capital at high risk

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 8, 2024 would now be worth $6,994 in CONY and $15,738 in PLTY.
PeriodCONYPLTY
1 month-8.69%2.26%
3 months10.46%16.68%
Year to date-18.30%-29.98%
1 year-42.48%-38.22%
3 years13.56%—
5 years——
  • CONY
  • PLTY
3716930220242025202670157

Both series indexed to 100 on 2024-10-08 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • CONY
  • PLTY
0%25%50%75%100%Cash & Others100.0%100.0%

Quick verdict

CONY fits better if you care most about lower fees and more income today. PLTY fits better if you care most about stronger 1-year returns and smaller drawdowns. Model the holding inside your real portfolio before deciding.

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Frequently asked questions

Is CONY or PLTY better for dividend income?
It depends on your goals. CONY currently yields 120.75% Trailing Twelve Months (TTM) while PLTY yields 73.09%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between CONY and PLTY?
YieldMax COIN Option Income Strategy ETF (CONY) is an ETF listed on AMEX. YieldMax PLTR Option Income Strategy ETF (PLTY) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, CONY or PLTY?
CONY has the lower expense ratio. CONY charges 1.04% a year and PLTY charges 1.07%, a difference of $3 a year on a $10,000 investment.
Which has performed better, CONY or PLTY?
Over the last 1 year, PLTY has the higher total return with dividends reinvested: CONY returned -42.5% and PLTY returned -38.2%. Past performance does not predict future returns.
Which is riskier, CONY or PLTY?
Measured by the worst peak-to-trough decline over the last five years, CONY has been riskier: CONY fell as much as 68.8% and PLTY as much as 59.2%. Their betas are 1.93 and 0.79.
How often do CONY and PLTY pay dividends?
Both pay monthly. The most recent payments were $0.2148 for CONY and $0.5632 for PLTY.
How much income does $10,000 in CONY vs PLTY generate?
At current TTM yields, $10,000 in CONY would generate roughly $1006.26 per month ($12075 annually). The same amount in PLTY would produce about $609.09 per month ($7309 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both CONY and PLTY?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare CONY vs PLTY with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how CONY and PLTY fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.