Tidal Trust II - YieldMax AI Option Income Strategy ETF

Tidal Trust II - YieldMax SMCI Option Income Strategy ETF

Tidal Trust II - YieldMax MSTR Option Income Strategy ETF

Yieldmax Tsla Option Income Etf

Tidal Trust II - YieldMax Bitcoin Option Income Strategy ETF

Tidal Trust II - YieldMax NVDA Option Income Strategy ETF

Tidal Trust II - YieldMax SQ Option Income Strategy ETF

Tidal Trust II - YieldMax COIN Option Income Strategy ETF

Tidal Trust II - YieldMax SNOW Option Income Strategy ETF

Yieldmax Arkk Option Income Etf

YieldMax Universe Fund of Option Income ETFs

YMAX is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy.

YieldMax Universe Fund is a diversified fund-of-funds that invests in other YieldMax call-selling ETFs, but it suffers from principal decay and high fees. YMAX's construction leads to a double-fee structure and exposure to high beta factors, causing significant NAV erosion and underperformance compared to the indices. Despite its 43% yield, YMAX's distributions are declining over time, making the high yield unsustainable and unattractive for long-term investment.

YMAX: Is This 43% Dividend Yield Sustainable?

YieldMax COIN Option Income Strategy ETF

YieldMax Ultra Option Income Strategy ETF

YieldMax Magnificent 7 Fund of Option Income ETF

CHICAGO, MILWAUKEE and NEW YORK, Nov. 13, 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 $0.1523 Weekly 43.77% 67.35% 11/14/2024 11/15/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.2104 Weekly 55.08% 54.91% 11/14/2024 11/15/2024 CONY YieldMax™ COIN Option Income Strategy ETF COIN $2.0231 Every 4 Weeks 135.69% 3.61% 11/14/2024 11/15/2024 FIAT YieldMax™ Short COIN Option Income Strategy ETF COIN $0.7258 Every 4 Weeks 100.77% 3.58% 11/14/2024 11/15/2024 MSFO YieldMax™ MSFT Option Income Strategy ETF MSFT $0.5097 Every 4 Weeks 34.27% 3.67% 11/14/2024 11/15/2024 AMDY YieldMax™ AMD Option Income Strategy ETF AMD $0.8140 Every 4 Weeks 83.35% 4.11% 11/14/2024 11/15/2024 NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX $0.7843 Every 4 Weeks 54.56% 3.48% 11/14/2024 11/15/2024 ABNY YieldMax™ ABNB Option Income Strategy ETF ABNB $0.8632 Every 4 Weeks 68.18% 2.74% 11/14/2024 11/15/2024 PYPY YieldMax™ PYPL Option Income Strategy ETF PYPL $0.5880 Every 4 Weeks 40.35% 3.15% 11/14/2024 11/15/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF Multiple $0.8313 Every 4 Weeks 101.39% 0.00% 11/14/2024 11/15/2024 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 CONY (135.69%), ULTY (101.39%), FIAT (100.77%), YMAX (43.77%), YMAG (55.08%) and Others

YieldMax Short NVDA Option Income Strategy ETF

Yieldmax Meta Option Income Strategy Etf

YieldMax MRNA Option Income Strategy ETF

YieldMax BABA Option Income Strategy ETF

YieldMax Gold Miners Option Income Strategy ETF

YieldMax JPM Option Income Strategy ETF

YieldMax NVDA Option Income Strategy ETF

YieldMaxTM PLTR Option Income Strategy ETF

CHICAGO, MILWAUKEE and NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.

YieldMax™ ETFs Announces Distributions on MRNY (73.00%), FBY (55.50%), DIPS (54.67%), YMAX (36.43%), YMAG (56.63%) and Others

YMAX offers a high yield of 69% by investing in 24 YieldMax ETFs using covered call and credit spread strategies, but with high fees and capped upside. The fund's complex structure and synthetic positions lead to high turnover and transaction costs, impacting long-term returns and adding volatility. YMAX may suit aggressive income investors seeking high yields, but conservative investors might prefer traditional income options due to YMAX's volatility and high fees.

Unveiling YMAX: Beyond The 69% Headline Yield

Yieldmax Tsm Option Income Strategy Etf

YieldMax Bitcoin Option Income Strategy ETF

CHICAGO and MILWAUKEE and NEW YORK, Oct. 30, 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 $0.2247 Weekly 66.23% 50.85% 10/31/24 11/1/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.1528 Weekly 41.16% 62.93% 10/31/24 11/1/2024 TSLY YieldMax™ TSLA Option Income Strategy ETF TSLA $0.5986 Every 4 Weeks 60.58% 3.09% 10/31/24 11/1/2024 CRSH   YieldMax™ Short TSLA Option Income Strategy ETF TSLA $0.4489 Every 4 Weeks 51.38% 3.61% 10/31/24 11/1/2024 GOOY YieldMax™ GOOGL Option Income Strategy ETF GOOGL $0.3771 Every 4 Weeks 31.69% 3.28% 10/31/24 11/1/2024 YBIT YieldMax™ Bitcoin Option Income Strategy ETF Bitcoin ETP $0.6717 Every 4 Weeks 65.28% 4.07% 10/31/24 11/1/2024 OARK YieldMax™ Innovation Option Income Strategy ETF ARKK $0.2818 Every 4 Weeks 35.18% 3.37% 10/31/24 11/1/2024 XOMO YieldMax™ XOM Option Income Strategy ETF XOM $0.3373 Every 4 Weeks 26.26% 3.32% 10/31/24 11/1/2024 SNOY YieldMax™ SNOW Option Income Strategy ETF SNOW $0.5589 Every 4 Weeks 43.15% 3.44% 10/31/24 11/1/2024 TSMY YieldMax™ TSM Option Income Strategy ETF TSM $0.8897 Every 4 Weeks 54.47% 3.48% 10/31/24 11/1/2024 Scheduled for next week: YMAX YMAG NVDY DIPS FBY GDXY BABO JPMO MRNY PLTY The performance data quoted above represents past performance.

YieldMax™ ETFs Announces Distributions on YBIT (65.28%), TSLY (60.58%), TSMY (54.47%), YMAX (66.23%), YMAG (41.16%) and Others

YieldMax AI Option Income Strategy ETF

YieldMax MSTR Option Income Strategy ETF

YieldMax SQ Option Income Strategy ETF

CHICAGO and MILWAUKEE and NEW YORK, Oct. 23, 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 $0.2268 Weekly 67.11% 62.93% 10/24/2024 10/25/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.0545 Weekly 14.96% 50.85% 10/24/2024 10/25/2024 MSTY YieldMax™ MSTR Option Income Strategy ETF MSTR $4.1981 Every 4 Weeks 175.64% 0.00% 10/24/2024 10/25/2024 YQQQ   YieldMax™ Short N100 Option Income Strategy ETF N100 $0.3550 Every 4 Weeks 24.82% 3.63% 10/24/2024 10/25/2024 AMZY YieldMax™ AMZN Option Income Strategy ETF AMZN $0.7632 Every 4 Weeks 50.32% 3.27% 10/24/2024 10/25/2024 APLY YieldMax™ AAPL Option Income Strategy ETF AAPL $0.3428 Every 4 Weeks 24.35% 3.17% 10/24/2024 10/25/2024 AIYY YieldMax™ AI Option Income Strategy ETF AI $0.7241 Every 4 Weeks 100.45% 3.76% 10/24/2024 10/25/2024 DISO YieldMax™ DIS Option Income Strategy ETF DIS $0.5146 Every 4 Weeks 40.88% 3.41% 10/24/2024 10/25/2024 SQY YieldMax™ SQ Option Income Strategy ETF SQ $1.0201 Every 4 Weeks 70.37% 3.44% 10/24/2024 10/25/2024 SMCY YieldMax™ SMCI Option Income Strategy ETF SMCI $5.3541 Every 4 Weeks _ _ 10/24/2024 10/25/2024 Scheduled for next week: TSLY CRSH GOOY YBIT OARK XOMO SNOY TSMY The performance data quoted above represents past performance.

YieldMax™ ETFs Announces Distributions on MSTY (175.64%), AIYY (100.45%), SQY (70.37%), YMAX (67.11%), YMAG (14.96%) and Others

YieldMax Short COIN Option Income Strategy ETF

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's YMAX ETF offers high yields but has risks due to its complex fee structure and capped upside from covered call strategies. The fund's high turnover from synthetic exposure and call credit spreads means more transaction costs which eat into investor capital. The approximate cumulative result of YMAX's exposure to component YieldMax ETFs and monthly rebalancing is a short volatility, short dispersion product. Pros and cons discussed.

Avoid YMAX: High Fees And Bad Strategy

CHICAGO and MILWAUKEE and NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.

YieldMax™ ETFs Announces Distributions on BABO (69.59%), MRNY (61.51%), FBY (58.57%), YMAX (60.44%), YMAG (76.46%) and Others

ProShares Bitcoin Strategy ETF

iShares Core Dividend Growth ETF

First Trust Water ETF

iShares Core S&P 500 ETF

iShares S&P 500 Growth ETF

YieldMax MSFT Option Income Strategy ETF

Roundhill Innovation-100 0DTE Covered Call Strategy ETF

Invesco QQQ

Hoya Capital High Dividend Yield ETF

Schwab US Dividend Equity ETF

My investment strategy focuses on generating income from dividends and distributions, supplemented by writing covered calls and cash-secured puts. More broadly, I hold a mix of high-yield and dividend-growth investments, with the approach of both receiving high cash flow and seeing it grow over time as well. With my ETF approach, there are funds that fit both of these categories, some really "boring" names and then those that get more interesting in the "reaching-for-yield" category.

A Look At My 10 ETF Holdings

YieldMax ETFs, including YMAX, generate income from options strategies but cap upside gains and don't limit downside risks, making them risky for long-term income investors. YMAX's high distribution rate of 62.4% is misleading, as total returns have underperformed broader market indices like QQQ and SPY since February. The fund's reliance on options premiums makes it vulnerable to market declines, with total returns quickly falling apart during stock market drawdowns.

YMAX: You're Better Off Just Buying Stocks

YieldMax Short TSLA Option Income Strategy ETF

CHICAGO, MILWAUKEE and NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.

YieldMax™ ETFs Announces Distributions on TSLY (100.47%), CRSH (100.33%), YBIT (83.20%), YMAX (61.45%), YMAG (44.47%) and Others

CHICAGO and MILWAUKEE and NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions on the following YieldMax™ ETFs: ETFTicker 1 ETF Name Distributionper Share DistributionFrequency DistributionRate 2 ,4 30-DaySEC Yield 3 Ex-Date &Record Date PaymentDate YMAX YieldMax™ Universe Fund of Option Income ETFs $0.2220 Weekly 64.49% 65.73% 9/26/2024 9/27/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.1701 Weekly 45.49% 50.80% 9/26/2024 9/27/2024 The performance data quoted above represents past performance.

YieldMax™ ETFs Announces Distributions on Fund of Funds ETFs

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

CHICAGO and MILWAUKEE and NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced upcoming changes to its distribution schedules today.

YieldMax™ ETFs Announces Changes to its Distribution Schedules

YMAX ETF's covered-call strategy limits upside and exposes investors to significant single-stock risks, leading to long-term underperformance and high volatility. The fund has delivered -8% total returns recently, with a 22% share price drop, highlighting the strategy's flaws in volatile markets. Investors should avoid YMAX due to its loser's game strategy, which fails to mitigate single stock risks and underperforms in non-bull markets.

YMAX: Weakness Of Strategy On Full Display

YieldMax Universe Fund of Option Income ETFs holds 22 YieldMax income ETFs on single stocks and indices. YMAX advertises a massive yield of over 60%, drawing much investor excitement and attention. Unlike other YieldMax ETFs I have reviewed, I find some redeeming attributes in YMAX that make it attractive.

YMAX: Diversification Makes This Strategy Attractive

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

Covered call funds like YieldMax Universe Fund of Option Income ETFs have become a common form of financial investment in the last decade. YMAX has offered investors total returns of 14.28% since January, slightly lower than the S&P 500's total returns of 17.37%. The Fund uses an options strategy to minimize net asset value decline and focus on specific stocks with higher beta for better long-term income.

YMAX: One Of The Best Covered-Call Funds

By confounding income-driven dividends and capital distributions, option-income strategy ETFs are often mismarketed to income investors, leading to risk and return profile misunderstandings. YieldMax Universe Fund of Option Income ETFs is a "fund of funds of funds" on a pool of investment products. YMAX investors pay not only its management fee but also the fees of the underlying YieldMax ETFs, giving it a high overall expense ratio of 1.28%.

YMAX: Call Option 'Diworsification' With Compounded Management Fees

YieldMax Universe Fund of Option Income ETFs is an ETF. The fund falls in the "fund of funds" category, meaning that it will primarily invest in other YieldMax ETFs. The ETF's 44% distribution rate is achieved through option strategies on underlying stocks, but the rate is not fixed and depends on market performance. YMAX's total return in 2024 closely resembles holding its underlying stocks, and the ETF needs to be analyzed from a total return perspective.

YMAX: 44% Distribution Rate From Popular Large Caps

YMAX is an income investment "fund of funds" using a blend of traditional and synthetic covered call strategies generating a TTM yield of 16%+. YMAX is a diversified options ETF and has demonstrated risk mitigation in spreading its holdings across multiple YieldMax ETFs. Despite impressive returns by the fund and it's underlying holdings, the fund's performance in varying market conditions remains untested, driving a "Hold" rating.

YMAX ETF: Striking A Balance Between High Yields And Risk Management

YMAX is an ETF that offers income-focused investors exposure to hot and high-growth markets like AI chips and Bitcoin. The ETF is equal-weighted and diversifies the volatility of its individual YieldMax Option Income ETF holdings. YMAX has a high dividend with a yield of over 40% by estimation and is a potential alternative for income investors seeking high-income, safe, low-risk investment alternatives.

YMAX: A New SWAN For Income Investors

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

YieldMax Universe Fund of Option Income ETF combines all existing YieldMax funds into one fund, adding 0.25% to the expense ratio for a total of 1.25%. YMAX uses an equal-weighted strategy across all YieldMax funds which may not be suitable for all investors.

News for YieldMax Universe Fund of Option Income ETFs ETF (YMAX)