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YieldMax Ultra Option Income Strategy ETF

ULTY is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries. Positions are held either directly or through synthetics based on implied volatility levels.

YieldMax Ultra Option Income Strategy ETF offers a 101% distribution yield but has only delivered 2.4% total performance since inception, highlighting significant risks. The fund's strategy involves selling options on highly volatile stocks, leading to high premiums but substantial principal erosion and underperformance compared to benchmarks. ULTY's aggressive approach contrasts with more conservative income-generating ETFs like JEPI and QYLD, which better preserve principal while providing income.

ULTY's Underperforming Strategy: A High-Risk, Low-Reward Gamble

YieldMax Ultra Option Income Strategy ETF is a high-yield ETF built to satisfy investors' thirst for income. Unfortunately, it doesn't deliver. Despite a seemingly high distribution rate, the Fund's strategy focuses solely on high-volatility assets, which is causing severe principal erosion and falling payouts for investors. ULTY's high turnover and mechanistic payout structure exacerbate its poor performance, and we think returns would likely worsen in a bear market.

ULTY: Ignore This Extremely High-Risk Income Trap

YieldMax COIN Option Income Strategy ETF

YieldMax Short COIN Option Income Strategy ETF

YieldMax Magnificent 7 Fund of Option Income ETF

YieldMax Universe Fund of Option Income ETFs

CHICAGO and MILWAUKEE and NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Distribution per Share Distribution Frequency Distribution Rate 2,4,5 30-Day SEC Yield 3 Ex-Date & Record Date Payment Date YMAX YieldMax™ Universe Fund of Option Income ETFs Multiple $0.1747 Weekly 51.97% 62.93% 10/17/2024 10/18/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.2261 Weekly 62.33% 50.85% 10/17/2024 10/18/2024 CONY YieldMax™ COIN Option Income Strategy ETF COIN $1.1098 Every 4 Weeks 101.35% 3.70% 10/17/2024 10/18/2024 FIAT   YieldMax™ Short COIN Option Income Strategy ETF COIN $1.4513 Every 4 Weeks 105.76% 3.22% 10/17/2024 10/18/2024 MSFO YieldMax™ MSFT Option Income Strategy ETF MSFT $0.5077 Every 4 Weeks 33.76% 3.33% 10/17/2024 10/18/2024 AMDY YieldMax™ AMD Option Income Strategy ETF AMD $0.9212 Every 4 Weeks 84.48% 3.24% 10/17/2024 10/18/2024 NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX $0.7929 Every 4 Weeks 59.84% 3.45% 10/17/2024 10/18/2024 ABNY YieldMax™ ABNB Option Income Strategy ETF ABNB $0.8003 Every 4 Weeks 61.67% 2.84% 10/17/2024 10/18/2024 PYPY YieldMax™ PYPL Option Income Strategy ETF PYPL $1.1042 Every 4 Weeks 75.73% 2.94% 10/17/2024 10/18/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF Multiple $0.8267 Every 4 Weeks 100.99% 0.00% 10/17/2024 10/18/2024 Scheduled for next week: YMAX YMAG MSTY YQQQ AMZY APLY AIYY DISO SQY SMCY The performance data quoted above represents past performance.

YieldMax™ ETFs Announces Distributions on FIAT (105.76%), CONY (101.35%), ULTY (100.99%), YMAX (51.97%), YMAG (62.33%) and Others

YieldMax Ultra Option Income Strategy ETF has seen a significant price drop, losing nearly 50% since its IPO, despite high monthly distributions. The fund's total return to date is -11.94%, with a trailing dividend yield of ~74%. ULTY's top sector exposures are tech, healthcare and financials, but most top picks have underperformed in 2024, contributing to its poor performance.

ULTY: ~74% Trailing Yield, But Look Out Below

CHICAGO, MILWAUKEE and NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions on the following YieldMax™ ETFs: ETF Ticker 1 ETF Name Distribution per Share Distribution Frequency Distribution Rate 2 ,4 30-Day SEC Yield 3 Ex-Date & Record Date Payment Date YMAX YieldMax™ Universe Fund of Option Income ETFs $0.2270 Weekly 67.17% 65.73% 9/19/2024 9/20/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.1979 Weekly 53.84% 50.80% 9/19/2024 9/20/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF $0.9825 Every 4 Weeks 104.91% 0.00% 9/19/2024 9/20/2024 Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF's NAV and trading price over time.

YieldMax™ ETFs Announces Distributions on Fund of Funds and Ultra ETFs

YieldMax ETFs and I have a complicated relationship, but I recently gave their fund-of-funds ETF, YMAX, a positive rating. This gave me confidence when I found the YieldMax Ultra Option Income Strategy ETF. Unfortunately, I have identified several major risks and issues with the fund, and I am giving it a "sell" rating.

ULTY: Paying 1.24% For A Manager To Play With Options

YieldMax Ultra Option Income Strategy ETF is recommended with a hold rating due to its income generation and high correlation with the NASDAQ Index. ULTY employs an actively managed covered options strategy across various tech sector equities, providing diversified exposure and potential income stability. Despite a high expense ratio of 1.24%, ULTY's forward distribution rate of 84.43% significantly outpaces QQQ's yield, justifying its cost for passive income seekers.

ULTY Offers An Appealing Income Feature In A Weak Market

CHICAGO and MILWAUKEE and NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions on the following YieldMax™ ETFs: ETF Ticker 1 ETF Name Distribution per Share Distribution Rate 2 ,4 30-Day SEC Yield 3 Ex-Date & Record Date Payment Date YMAX YieldMax™ Universe Fund of Option Income ETFs $0.5912 39.17% 65.24% 8/15/2024 8/16/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.5761 35.73% 49.30% 8/15/2024 8/16/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF $0.7803 81.36% 0.00% 8/15/2024 8/16/2024 Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF's NAV and trading price over time. The performance data quoted above represents past performance.

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

YieldMax ABNB Option Income Strategy ETF

YieldMax AI Option Income Strategy ETF

YieldMax AMD Option Income Strategy ETF

Yieldmax Amzn Option Income ETF

YieldMax AAPL Option Income Strategy ETF

YieldMax Short TSLA Option Income Strategy ETF

YieldMax Short NVDA Option Income Strategy ETF

YieldMax DIS Option Income Strategy ETF

Yieldmax Meta Option Income Strategy Etf

YieldMax GOOGL Option Income Strategy ETF

YieldMax JPM Option Income Strategy ETF

YieldMax MRNA Option Income Strategy ETF

YieldMax MSFT Option Income Strategy ETF

YieldMax MSTR Option Income Strategy ETF

YieldMax NFLX Option Income Strategy ETF

YieldMax NVDA Option Income Strategy ETF

Yieldmax Arkk Option Income Etf

YieldMax PYPL Option Income Strategy ETF

YieldMax SNOW Option Income Strategy ETF

YieldMax SQ Option Income Strategy ETF

Yieldmax Tsla Option Income Etf

YieldMax Xom Option Income Strategy ETF

CHICAGO and MILWAUKEE and NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF:

YieldMax™ Launches Option Income Strategy ETF on Alibaba (BABA)

YieldMax Ultra Option Income Strategy ETF offers a high annual distribution rate of 83% by implementing covered call strategies. ULTY is an actively managed fund with changing holdings based on implied volatility levels and catalysts like earnings season. Strategies to utilize ULTY include implementing a dividend wheel approach or supplementing retirement income, but caution is advised due to tax implications and market uncertainties.

ULTY: 2 Ways To Utilize The Massive Distribution

Small-cap stocks outperformed large-cap stocks last week, with potential for a significant recovery in 2024. It is a good time to buy ULTY with its small-cap bias. ULTY ETF focuses on derivative income from high volatility stocks, offering a monthly dividend of (estimated) 96% from selling covered calls. Consider investing ULTY dividends in a small-cap growth ETF like XSMO for potential outperformance and reduced volatility risk.

ULTY: Small-Mid Cap Opportunistic Buy And Wise Reinvest

YieldMax Bitcoin Option Income Strategy ETF

CHICAGO, MILWAUKEE and NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF:

YieldMax™ Launches Short COIN Option Income Strategy ETF (FIAT)

YieldMax Ultra Option Income Strategy ETF is an actively managed fund that generates monthly income from covered calls on high-IV U.S.-listed securities ahead of catalysts. The strategy appears to be a classic loser's game where a single error can lead to significant portfolio losses. I urge investors to look beyond the fund's 100%+ annualized distribution yield and avoid this bad bet.

ULTY: Avoid This Loser's Game

YieldMax Ultra Option Income Strategy ETF has yielded over 100% since its IPO but has also experienced a price decline of $5.77, resulting in a total return of -9.84%. The ULTY ETF's primary investment objective is to seek current income, and its secondary objective is to seek exposure to the share price of select U.S.-listed securities. ULTY pays a monthly distribution, with the most recent distribution resulting in a forward dividend yield of 103.78% and a trailing yield of 101.76%.

ULTY: A New YieldMax Option ETF Yielding Over 100%

YieldMax Ultra Option Income Strategy ETF writes simulated covered calls against a changing list of about 15 stocks with high implied volatility. The fund's strategy of ignoring fundamentals and only focusing on IV exposes investors to significant risk, as high-volatility stocks can experience large price swings that may result in losses. ULTY has already experienced a decline in price and NAV since its inception, and its performance has been worse than other YieldMax funds.

ULTY: That High Yield Has A High Cost

CHICAGO and MILWAUKEE and NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions on the following YieldMax™ Fund of Funds and Ultra ETFs: ETF Ticker ETF Name Distribution per Share Distribution Rate 2 30-Day SEC Yield 3 Ex-Date Record Date Payment Date YMAX 1 YieldMax™ Universe Fund of Option Income ETFs $0.6318 36.47% 41.16% 4/17/2024 4/18/2024 4/19/2024 YMAG 1 YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.6226 36.72% 38.38% 4/17/2024 4/18/2024 4/19/2024 ULTY 4 YieldMax™ Ultra Option Income Strategy ETF $1.4171 103.28% 0.00% 4/17/2024 4/18/2024 4/19/2024 1 YMAX and YMAG each have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs.

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

On Thursday, YieldMax added to its extensive ETF portfolio with the launch of the YieldMax Ultra Option Income Strategy ETF (NYSE Arca: ULTY). Following a waiver, the fund operates with a net expense ratio of 1.14%, according to the fund prospectus.

News for YieldMax Ultra Option Income Strategy ETF ETF (ULTY)