ULTY
YieldMax™ Ultra
Option Income
Strategy ETF
ULTY is an actively managed ETF that seeks to generate weekly income from a portfolio of covered call strategies, each on a U.S. listed security (each an “Underlying Security” and collectively, the “Underlying Securities”).
Investing in the fund involves a high degree of risk. Due to ULTY’s investment strategy, ULTY’s indirect exposure to gains, if any, of the share price returns of the Underlying Securities is capped. However, ULTY is subject to all potential losses if the shares of the Underlying Securities decrease in value, which may not be offset by income received by ULTY.
THE FUND, TRUST, ADVISER, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING ISSUER.
Distribution Rate*:
Rate | Name | Date |
---|---|---|
90.82 | YieldMax ULTY Option Income Strategy ETF | 08/22/2025 |
30-Day SEC Yield**:
Name | value | date |
---|---|---|
30-Day SEC Yield | -0.81 | 07/31/2025 |
The most recent distribution on 08/08/2025 contains 40.76% return of capital and 59.24% income.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (866) 864-3968.
*The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The 30-Day SEC Yield represents net investment income,which excludes option income, earned by such ETF over the 30-Day period ended at the most recent month-end, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period. Distributions are not guaranteed.
**The Distribution Rate and 30-Day SEC Yield is not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.
The distribution may include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease a fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment.
Please refer to the 19a-1 notices at here for additional details regarding the distributions’ composition, once available.
Performance
Name |
---|
07/31/2025 |
Fund Ticker | 1-Month | 3-Month | 6-Month | YTD | 1-Year | 3-Year | 5-Year | Since Inception Cumulative (2/28/24) | Since Inception Annualized (2/28/24) | Fund Name | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
ULTY NAV | 5.49 | 29.87 | 11.86 | 15.31 | 25.1 | – | – | 12.99 | 8.97 | YieldMax Ultra Option Income Strategy ETF | 07/31/2025 |
ULTY MKT | 5.51 | 29.9 | 11.98 | 15.75 | 25.15 | – | – | 13.82 | 9.53 | YieldMax Ultra Option Income Strategy ETF | 07/31/2025 |
SPTR2 | 2.24 | 14.21 | 5.64 | 8.59 | 16.33 | – | – | 27.43 | 18.59 | S&P 500 TR | 07/31/2025 |
Name |
---|
06/30/2025 |
Fund Ticker | 1-Month | 3-Month | 6-Month | YTD | 1-Year | 3-Year | 5-Year | Since Inception Cumulative (2/28/24) | Since Inception Annualized (2/28/24) | Fund Name | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
ULTY NAV | 8.73 | 27.18 | 9.31 | 9.31 | 16.24 | – | – | 7.11 | 5.27 | YieldMax Ultra Option Income Strategy ETF | 06/30/2025 |
ULTY MKT | 8.71 | 27.56 | 9.7 | 9.7 | 16.61 | – | – | 7.87 | 5.83 | YieldMax Ultra Option Income Strategy ETF | 06/30/2025 |
SPTR2 | 5.09 | 10.94 | 6.2 | 6.2 | 15.16 | – | – | 24.64 | 17.91 | S&P 500 TR | 06/30/2025 |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (866) 864-3968.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Returns beyond 1 year are annualized. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded. The fund intends to pay out dividends and interest income, if any, weekly. There is no guarantee these distributions will be made.
Distribution Details
For YieldMax™ ETFs Distribution Schedules, click here.
ticker_name | Distribution per Share | declared date | ex date | record date | payable date |
---|---|---|---|---|---|
ULTY | 0.1006 | 08/13/2025 | 08/14/2025 | 08/14/2025 | 08/15/2025 |
ULTY | 0.1003 | 08/06/2025 | 08/07/2025 | 08/07/2025 | 08/08/2025 |
ULTY | 0.1008 | 07/30/2025 | 07/31/2025 | 07/31/2025 | 08/01/2025 |
ULTY | 0.1029 | 07/23/2025 | 07/24/2025 | 07/24/2025 | 07/25/2025 |
ULTY | 0.1035 | 07/16/2025 | 07/17/2025 | 07/17/2025 | 07/18/2025 |
ULTY | 0.0960 | 07/09/2025 | 07/10/2025 | 07/10/2025 | 07/11/2025 |
ULTY | 0.0952 | 07/02/2025 | 07/03/2025 | 07/03/2025 | 07/07/2025 |
ULTY | 0.0923 | 06/25/2025 | 06/26/2025 | 06/26/2025 | 06/27/2025 |
ULTY | 0.0875 | 06/18/2025 | 06/20/2025 | 06/20/2025 | 06/23/2025 |
ULTY | 0.0950 | 06/11/2025 | 06/12/2025 | 06/12/2025 | 06/13/2025 |
ULTY | 0.0945 | 06/04/2025 | 06/05/2025 | 06/05/2025 | 06/06/2025 |
ULTY | 0.0954 | 05/28/2025 | 05/29/2025 | 05/29/2025 | 05/30/2025 |
ULTY | 0.0979 | 05/21/2025 | 05/22/2025 | 05/22/2025 | 05/23/2025 |
ULTY | 0.1059 | 05/14/2025 | 05/15/2025 | 05/15/2025 | 05/16/2025 |
ULTY | 0.1181 | 05/07/2025 | 05/08/2025 | 05/08/2025 | 05/09/2025 |
ULTY | 0.0936 | 04/30/2025 | 05/01/2025 | 05/01/2025 | 05/02/2025 |
ULTY | 0.0836 | 04/23/2025 | 04/24/2025 | 04/24/2025 | 04/25/2025 |
ULTY | 0.0852 | 04/16/2025 | 04/17/2025 | 04/17/2025 | 04/21/2025 |
ULTY | 0.0822 | 04/09/2025 | 04/10/2025 | 04/10/2025 | 04/11/2025 |
ULTY | 0.0916 | 04/02/2025 | 04/03/2025 | 04/03/2025 | 04/04/2025 |
ULTY | 0.0986 | 03/26/2025 | 03/27/2025 | 03/27/2025 | 04/28/2025 |
ULTY | 0.0977 | 03/19/2025 | 03/20/2025 | 03/20/2025 | 03/21/2025 |
ULTY | 0.1025 | 03/12/2025 | 03/13/2025 | 03/13/2025 | 03/14/2025 |
ULTY | 0.4653 | 03/05/2025 | 03/06/2025 | 03/06/2025 | 03/07/2025 |
ULTY | 0.5369 | 02/05/2025 | 02/06/2025 | 02/06/2025 | 02/07/2025 |
ULTY | 0.5715 | 01/07/2025 | 01/08/2025 | 01/08/2025 | 01/10/2025 |
ULTY | 0.7092 | 12/11/2024 | 12/12/2024 | 12/12/2024 | 12/13/2024 |
ULTY | 0.8313 | 11/13/2024 | 11/14/2024 | 11/14/2024 | 11/15/2024 |
ULTY | 0.8267 | 10/16/2024 | 10/17/2024 | 10/17/2024 | 10/18/2024 |
ULTY | 0.9825 | 09/18/2024 | 09/19/2024 | 09/19/2024 | 09/20/2024 |
ULTY | 0.7803 | 08/13/2024 | 08/15/2024 | 08/15/2024 | 08/16/2024 |
ULTY | 0.9948 | 07/16/2024 | 07/17/2024 | 07/17/2024 | 07/18/2024 |
ULTY | 1.1337 | 06/13/2024 | 06/14/2024 | 06/14/2024 | 06/17/2024 |
ULTY | 1.2782 | 05/14/2024 | 05/15/2024 | 05/16/2024 | 05/17/2024 |
ULTY | 1.4171 | 04/16/2024 | 04/17/2024 | 04/18/2024 | 04/19/2024 |
ULTY | 1.0653 | 03/13/2024 | 03/14/2024 | 03/15/2024 | 03/18/2024 |
*The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The 30-Day SEC Yield represents net investment income,which excludes option income, earned by such ETF over the 30-Day period ended at the most recent month-end, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period. Distributions are not guaranteed.
**The Distribution Rate and 30-Day SEC Yield is not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.
The distribution may include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease a fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment.
Fund Overview
YieldMax™ Ultra Option Income Strategy ETF (ULTY) is actively managed to seek weekly income from a portfolio of covered call strategies, each on an Underlying Security. ULTY also provides direct or indirect exposure to the share price returns of the Underlying Securities, subject to a limit on potential investment gains for each such security.
ULTY’s investment sub-adviser will typically select between 15 and 30 Underlying Securities, primarily on the basis of such securities’ implied volatility levels, and will regularly review ULTY’s portfolio to determine whether one or more of its covered call strategies should be increased, decreased or eliminated, and whether any such strategy should be implemented on any new Underlying Securities.
Due to ULTY’s investment strategy, ULTY’s indirect exposure to gains, if any, of the share price returns of the Underlying Securities is capped. However, ULTY is subject to all potential losses if the shares of the Underlying Securities decrease in value, which may not be offset by income received by ULTY.
Investment Objective
ULTY’s primary investment objective is to seek current income. ULTY’s secondary investment objective is to seek exposure to the share price returns of the Underlying Securities, subject to a limit on potential investment gains for each such security.
Fund Information
wdt_ID | New column | New column |
---|---|---|
1 | Fund Name | YieldMax™ Ultra Option Income Strategy ETF |
2 | Ticker | ULTY |
3 | Fund Inception | 2/28/2024 |
4 | Primary Exchange | NYSE Arca |
5 | CUSIP | 88636J527 |
6 | NAV Symbol | ULTY.NV |
7 | Gross Expense Ratio* | 1.40% |
8 | Less Fee Waiver* | -0.10% |
9 | Net Expense Ratio* | 1.30% |
Name | value | date |
---|---|---|
30-Day SEC Yield | -0.81 | 07/31/2025 |
Fund Name | Fund Ticker | CUSIP | 30-Day SEC Yield | Date |
---|---|---|---|---|
YieldMax TSLA Option Income Strategy ETF | TSLY | 88636J444 | 3.14 | 07/31/2025 |
*The Fund’s investment adviser has agreed to a 0.10% fee waiver through at least February 28, 2026.
**The 30-Day SEC Yield represents net investment income earned by the Fund over the 30-day period ended on the date indicated by the Yield, expressed as an annual percentage rate based on the Fund’s share price at the end of the 30-day period. The unsubsidized 30-Day SEC Yield does not reflect any fee waivers/reimbursements/limits in effect.
Fund Data & Pricing
Name | value |
---|---|
Net Assets | $3.14 B |
NAV | $5.76 |
Shares Outstanding | 544,675,000 |
Premium/Discount Percentage | -0.35% |
Closing Price | $5.74 |
Median 30 Day Spread** | 0.16% |
Rate Date |
---|
08/22/2025 |
**Median 30-Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10-second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
Performance
Name |
---|
07/31/2025 |
Fund Ticker | 1-Month | 3-Month | 6-Month | YTD | 1-Year | 3-Year | 5-Year | Since Inception Cumulative (2/28/24) | Since Inception Annualized (2/28/24) | Fund Name | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
ULTY NAV | 5.49 | 29.87 | 11.86 | 15.31 | 25.1 | – | – | 12.99 | 8.97 | YieldMax Ultra Option Income Strategy ETF | 07/31/2025 |
ULTY MKT | 5.51 | 29.9 | 11.98 | 15.75 | 25.15 | – | – | 13.82 | 9.53 | YieldMax Ultra Option Income Strategy ETF | 07/31/2025 |
SPTR2 | 2.24 | 14.21 | 5.64 | 8.59 | 16.33 | – | – | 27.43 | 18.59 | S&P 500 TR | 07/31/2025 |
Name |
---|
06/30/2025 |
Fund Ticker | 1-Month | 3-Month | 6-Month | YTD | 1-Year | 3-Year | 5-Year | Since Inception Cumulative (2/28/24) | Since Inception Annualized (2/28/24) | Fund Name | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
ULTY NAV | 8.73 | 27.18 | 9.31 | 9.31 | 16.24 | – | – | 7.11 | 5.27 | YieldMax Ultra Option Income Strategy ETF | 06/30/2025 |
ULTY MKT | 8.71 | 27.56 | 9.7 | 9.7 | 16.61 | – | – | 7.87 | 5.83 | YieldMax Ultra Option Income Strategy ETF | 06/30/2025 |
SPTR2 | 5.09 | 10.94 | 6.2 | 6.2 | 15.16 | – | – | 24.64 | 17.91 | S&P 500 TR | 06/30/2025 |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (866) 864-3968.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Returns beyond 1 year are annualized. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded. The fund intends to pay out dividends and interest income, if any, weekly. There is no guarantee these distributions will be made.
Holdings
Top 10 Holdings
Name |
---|
08/25/2025 |
Security Name | CUSIP | Shares | Market Value | Weightings | Net Assets | StockTicker | SharesOutstanding | Date | Price | CreationUnits | Account | MoneyMarketFlag |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Affirm Holdings Inc | 00827B106 | 2,075,000.00 | 164,941,750.00 | 5.27% | 3,131,676,735 | AFRM | 543,675,000 | 08/25/2025 | 79.49 | 21,747 | ULTY | |
AFFIRM H CLL OPT 08/25 83 | AFRM 250829C00083000 | -13,000.00 | -5,427,500.00 | -0.17% | 3,131,676,735 | AFRM 250829C00083000 | 543,675,000 | 08/25/2025 | 4.18 | 21,747 | ULTY | |
AFFIRM H CLL OPT 08/25 86 | AFRM 250829C00086000 | -7,750.00 | -2,421,875.00 | -0.08% | 3,131,676,735 | AFRM 250829C00086000 | 543,675,000 | 08/25/2025 | 3.13 | 21,747 | ULTY | |
AFFIRM H PUT OPT 08/25 70 | AFRM 250829P00070000 | 7,750.00 | 1,581,000.00 | 0.05% | 3,131,676,735 | AFRM 250829P00070000 | 543,675,000 | 08/25/2025 | 2.04 | 21,747 | ULTY | |
AFFIRM H PUT OPT 08/25 72 | AFRM 250829P00072000 | 13,000.00 | 3,373,500.00 | 0.11% | 3,131,676,735 | AFRM 250829P00072000 | 543,675,000 | 08/25/2025 | 2.60 | 21,747 | ULTY | |
AppLovin Corp | 03831W108 | 370,100.00 | 163,465,768.00 | 5.22% | 3,131,676,735 | APP | 543,675,000 | 08/25/2025 | 441.68 | 21,747 | ULTY | |
APP US 08/29/25 C420 | APP 250829C00420000 | -1,739.00 | -4,669,215.00 | -0.15% | 3,131,676,735 | APP 250829C00420000 | 543,675,000 | 08/25/2025 | 26.85 | 21,747 | ULTY | |
APPLOVIN CLL OPT 08/25 445 | APP 250829C00445000 | -1,736.00 | -1,779,400.00 | -0.06% | 3,131,676,735 | APP 250829C00445000 | 543,675,000 | 08/25/2025 | 10.25 | 21,747 | ULTY | |
APPLOVIN CLL OPT 08/25 455 | APP 250829C00455000 | -226.00 | -153,680.00 | 0.00% | 3,131,676,735 | APP 250829C00455000 | 543,675,000 | 08/25/2025 | 6.80 | 21,747 | ULTY | |
APP US 08/29/25 P365 | APP 250829P00365000 | 1,739.00 | 113,035.00 | 0.00% | 3,131,676,735 | APP 250829P00365000 | 543,675,000 | 08/25/2025 | 0.65 | 21,747 | ULTY | |
APPLOVIN PUT OPT 08/25 395 | APP 250829P00395000 | 1,736.00 | 199,640.00 | 0.01% | 3,131,676,735 | APP 250829P00395000 | 543,675,000 | 08/25/2025 | 1.15 | 21,747 | ULTY | |
APPLOVIN PUT OPT 08/25 400 | APP 250829P00400000 | 226.00 | 27,685.00 | 0.00% | 3,131,676,735 | APP 250829P00400000 | 543,675,000 | 08/25/2025 | 1.23 | 21,747 | ULTY | |
AST SpaceMobile Inc | 00217D100 | 3,712,400.00 | 174,742,668.00 | 5.58% | 3,131,676,735 | ASTS | 543,675,000 | 08/25/2025 | 47.07 | 21,747 | ULTY | |
ASTS US 08/29/25 C46.5 | ASTS 250829C00046500 | -34,995.00 | -7,856,377.50 | -0.25% | 3,131,676,735 | ASTS 250829C00046500 | 543,675,000 | 08/25/2025 | 2.25 | 21,747 | ULTY | |
AST SPAC CLL OPT 08/25 50 | ASTS 250829C00050000 | -2,129.00 | -179,900.50 | -0.01% | 3,131,676,735 | ASTS 250829C00050000 | 543,675,000 | 08/25/2025 | 0.85 | 21,747 | ULTY | |
ASTS US 08/29/25 P40 | ASTS 250829P00040000 | 34,995.00 | 699,900.00 | 0.02% | 3,131,676,735 | ASTS 250829P00040000 | 543,675,000 | 08/25/2025 | 0.20 | 21,747 | ULTY | |
AST SPAC PUT OPT 08/25 42 | ASTS 250829P00042000 | 2,129.00 | 78,773.00 | 0.00% | 3,131,676,735 | ASTS 250829P00042000 | 543,675,000 | 08/25/2025 | 0.37 | 21,747 | ULTY | |
BitMine Immersion Technologies Inc | 09175A206 | 2,000,000.00 | 106,980,000.00 | 3.42% | 3,131,676,735 | BMNR | 543,675,000 | 08/25/2025 | 53.49 | 21,747 | ULTY | |
BMNR US 08/29/25 C51.5 | BMNR 250829C00051500 | -10,423.00 | -4,950,925.00 | -0.16% | 3,131,676,735 | BMNR 250829C00051500 | 543,675,000 | 08/25/2025 | 4.75 | 21,747 | ULTY | |
BITMINE CLL OPT 08/25 61 | BMNR 250829C00061000 | -9,577.00 | -1,508,377.50 | -0.05% | 3,131,676,735 | BMNR 250829C00061000 | 543,675,000 | 08/25/2025 | 1.58 | 21,747 | ULTY | |
BMNR US 08/29/25 P44 | BMNR 250829P00044000 | 10,423.00 | 729,610.00 | 0.02% | 3,131,676,735 | BMNR 250829P00044000 | 543,675,000 | 08/25/2025 | 0.70 | 21,747 | ULTY | |
BITMINE PUT OPT 08/25 48 | BMNR 250829P00048000 | 9,577.00 | 1,460,492.50 | 0.05% | 3,131,676,735 | BMNR 250829P00048000 | 543,675,000 | 08/25/2025 | 1.53 | 21,747 | ULTY | |
Webull Corp | G9572D103 | 6,084,400.00 | 93,760,604.00 | 2.99% | 3,131,676,735 | BULL | 543,675,000 | 08/25/2025 | 15.41 | 21,747 | ULTY | |
BULL US 08/29/25 C15 | BULL 250829C00015000 | -8,235.00 | -914,085.00 | -0.03% | 3,131,676,735 | BULL 250829C00015000 | 543,675,000 | 08/25/2025 | 1.11 | 21,747 | ULTY | |
BULL US 08/29/25 C15.5 | BULL 250829C00015500 | -13,736.00 | -1,092,012.00 | -0.03% | 3,131,676,735 | BULL 250829C00015500 | 543,675,000 | 08/25/2025 | 0.80 | 21,747 | ULTY | |
WEBULL C CLL OPT 08/25 16 | BULL 250829C00016000 | -38,873.00 | -2,351,816.50 | -0.08% | 3,131,676,735 | BULL 250829C00016000 | 543,675,000 | 08/25/2025 | 0.61 | 21,747 | ULTY | |
BULL US 08/29/25 P12.5 | BULL 250829P00012500 | 13,736.00 | 116,756.00 | 0.00% | 3,131,676,735 | BULL 250829P00012500 | 543,675,000 | 08/25/2025 | 0.09 | 21,747 | ULTY | |
BULL US 08/29/25 P13 | BULL 250829P00013000 | 8,235.00 | 111,172.50 | 0.00% | 3,131,676,735 | BULL 250829P00013000 | 543,675,000 | 08/25/2025 | 0.14 | 21,747 | ULTY | |
WEBULL C PUT OPT 08/25 13.500 | BULL 250829P00013500 | 38,873.00 | 835,769.50 | 0.03% | 3,131,676,735 | BULL 250829P00013500 | 543,675,000 | 08/25/2025 | 0.22 | 21,747 | ULTY | |
Coinbase Global Inc | 19260Q107 | 477,500.00 | 152,728,375.00 | 4.88% | 3,131,676,735 | COIN | 543,675,000 | 08/25/2025 | 319.85 | 21,747 | ULTY | |
COINBASE CLL OPT 08/25 327.500 | COIN 250829C00327500 | -4,775.00 | -3,079,875.00 | -0.10% | 3,131,676,735 | COIN 250829C00327500 | 543,675,000 | 08/25/2025 | 6.45 | 21,747 | ULTY | |
COIN US 08/29/25 P290 | COIN 250829P00290000 | 4,775.00 | 647,012.50 | 0.02% | 3,131,676,735 | COIN 250829P00290000 | 543,675,000 | 08/25/2025 | 1.36 | 21,747 | ULTY | |
Credo Technology Group Holding Ltd | G25457105 | 976,400.00 | 111,348,656.00 | 3.56% | 3,131,676,735 | CRDO | 543,675,000 | 08/25/2025 | 114.04 | 21,747 | ULTY | |
CREDO TE CLL OPT 08/25 118 | CRDO 250829C00118000 | -2,612.00 | -724,830.00 | -0.02% | 3,131,676,735 | CRDO 250829C00118000 | 543,675,000 | 08/25/2025 | 2.78 | 21,747 | ULTY | |
CREDO TE PUT OPT 08/25 104 | CRDO 250829P00104000 | 2,612.00 | 359,150.00 | 0.01% | 3,131,676,735 | CRDO 250829P00104000 | 543,675,000 | 08/25/2025 | 1.38 | 21,747 | ULTY | |
CRDO US 09/19/25 C120 | CRDO 250919C00120000 | -7,152.00 | -6,758,640.00 | -0.22% | 3,131,676,735 | CRDO 250919C00120000 | 543,675,000 | 08/25/2025 | 9.45 | 21,747 | ULTY | |
CRDO US 09/19/25 P90 | CRDO 250919P00090000 | 7,152.00 | 2,288,640.00 | 0.07% | 3,131,676,735 | CRDO 250919P00090000 | 543,675,000 | 08/25/2025 | 3.20 | 21,747 | ULTY | |
CoreWeave Inc | 21873S108 | 1,061,800.00 | 99,798,582.00 | 3.19% | 3,131,676,735 | CRWV | 543,675,000 | 08/25/2025 | 93.99 | 21,747 | ULTY | |
CRWV US 08/29/25 C93 | CRWV 250829C00093000 | -2,000.00 | -885,000.00 | -0.03% | 3,131,676,735 | CRWV 250829C00093000 | 543,675,000 | 08/25/2025 | 4.43 | 21,747 | ULTY | |
COREWEAV CLL OPT 08/25 98 | CRWV 250829C00098000 | -8,618.00 | -1,913,196.00 | -0.06% | 3,131,676,735 | CRWV 250829C00098000 | 543,675,000 | 08/25/2025 | 2.22 | 21,747 | ULTY | |
CRWV US 08/29/25 P79 | CRWV 250829P00079000 | 2,000.00 | 61,000.00 | 0.00% | 3,131,676,735 | CRWV 250829P00079000 | 543,675,000 | 08/25/2025 | 0.31 | 21,747 | ULTY | |
COREWEAV PUT OPT 08/25 85 | CRWV 250829P00085000 | 8,618.00 | 741,148.00 | 0.02% | 3,131,676,735 | CRWV 250829P00085000 | 543,675,000 | 08/25/2025 | 0.86 | 21,747 | ULTY | |
First American Government Obligations Fund 12/01/2031 | 31846V336 | 202,919,060.61 | 202,919,060.61 | 6.48% | 3,131,676,735 | FGXXX | 543,675,000 | 08/25/2025 | 100.00 | 21,747 | ULTY | Y |
Galaxy Digital Inc | 36317J209 | 1,500,000.00 | 38,355,000.00 | 1.22% | 3,131,676,735 | GLXY | 543,675,000 | 08/25/2025 | 25.57 | 21,747 | ULTY | |
GLXY US 08/29/25 C25.5 | GLXY 250829C00025500 | -15,000.00 | -1,612,500.00 | -0.05% | 3,131,676,735 | GLXY 250829C00025500 | 543,675,000 | 08/25/2025 | 1.08 | 21,747 | ULTY | |
GLXY US 08/29/25 P21.5 | GLXY 250829P00021500 | 48,763.00 | 365,722.50 | 0.01% | 3,131,676,735 | GLXY 250829P00021500 | 543,675,000 | 08/25/2025 | 0.08 | 21,747 | ULTY | |
GLXY US 08/29/25 P25 | GLXY 250829P00025000 | -33,763.00 | -2,616,632.50 | -0.08% | 3,131,676,735 | GLXY 250829P00025000 | 543,675,000 | 08/25/2025 | 0.78 | 21,747 | ULTY | |
Robinhood Markets Inc | 770700102 | 1,477,200.00 | 161,487,504.00 | 5.16% | 3,131,676,735 | HOOD | 543,675,000 | 08/25/2025 | 109.32 | 21,747 | ULTY | |
HOOD US 08/29/25 C111 | HOOD 250829C00111000 | -1,558.00 | -412,870.00 | -0.01% | 3,131,676,735 | HOOD 250829C00111000 | 543,675,000 | 08/25/2025 | 2.65 | 21,747 | ULTY | |
HOOD US 08/29/25 C112 | HOOD 250829C00112000 | -2,000.00 | -453,000.00 | -0.01% | 3,131,676,735 | HOOD 250829C00112000 | 543,675,000 | 08/25/2025 | 2.27 | 21,747 | ULTY | |
ROBINHOO CLL OPT 08/25 115 | HOOD 250829C00115000 | -11,214.00 | -1,525,104.00 | -0.05% | 3,131,676,735 | HOOD 250829C00115000 | 543,675,000 | 08/25/2025 | 1.36 | 21,747 | ULTY | |
HOOD US 08/29/25 P91 | HOOD 250829P00091000 | 2,000.00 | 35,000.00 | 0.00% | 3,131,676,735 | HOOD 250829P00091000 | 543,675,000 | 08/25/2025 | 0.18 | 21,747 | ULTY | |
HOOD US 08/29/25 P95 | HOOD 250829P00095000 | 1,558.00 | 45,961.00 | 0.00% | 3,131,676,735 | HOOD 250829P00095000 | 543,675,000 | 08/25/2025 | 0.30 | 21,747 | ULTY | |
ROBINHOO PUT OPT 08/25 98 | HOOD 250829P00098000 | 11,214.00 | 538,272.00 | 0.02% | 3,131,676,735 | HOOD 250829P00098000 | 543,675,000 | 08/25/2025 | 0.48 | 21,747 | ULTY | |
IonQ Inc | 46222L108 | 4,255,500.00 | 169,283,790.00 | 5.41% | 3,131,676,735 | IONQ | 543,675,000 | 08/25/2025 | 39.78 | 21,747 | ULTY | |
IONQ US 08/29/25 C38 | IONQ 250829C00038000 | -17,988.00 | -4,739,838.00 | -0.15% | 3,131,676,735 | IONQ 250829C00038000 | 543,675,000 | 08/25/2025 | 2.64 | 21,747 | ULTY | |
IONQ US 08/29/25 C38.5 | IONQ 250829C00038500 | -19,041.00 | -4,036,692.00 | -0.13% | 3,131,676,735 | IONQ 250829C00038500 | 543,675,000 | 08/25/2025 | 2.12 | 21,747 | ULTY | |
IONQ INC CLL OPT 08/25 41.500 | IONQ 250829C00041500 | -5,526.00 | -447,606.00 | -0.01% | 3,131,676,735 | IONQ 250829C00041500 | 543,675,000 | 08/25/2025 | 0.81 | 21,747 | ULTY | |
IONQ US 08/29/25 P32.5 | IONQ 250829P00032500 | 19,041.00 | 304,656.00 | 0.01% | 3,131,676,735 | IONQ 250829P00032500 | 543,675,000 | 08/25/2025 | 0.16 | 21,747 | ULTY | |
IONQ US 08/29/25 P33 | IONQ 250829P00033000 | 17,988.00 | 170,886.00 | 0.01% | 3,131,676,735 | IONQ 250829P00033000 | 543,675,000 | 08/25/2025 | 0.10 | 21,747 | ULTY | |
IONQ IN PUT OPT 08/25 36 | IONQ 250829P00036000 | 5,526.00 | 174,069.00 | 0.01% | 3,131,676,735 | IONQ 250829P00036000 | 543,675,000 | 08/25/2025 | 0.32 | 21,747 | ULTY | |
MARVELL TECHNOLOGY INC | 573874104 | 1,100,000.00 | 80,300,000.00 | 2.56% | 3,131,676,735 | MRVL | 543,675,000 | 08/25/2025 | 73.00 | 21,747 | ULTY | |
MARVELL CLL OPT 08/25 78 | MRVL 250829C00078000 | -11,000.00 | -2,029,500.00 | -0.06% | 3,131,676,735 | MRVL 250829C00078000 | 543,675,000 | 08/25/2025 | 1.85 | 21,747 | ULTY | |
MARVELL PUT OPT 08/25 65 | MRVL 250829P00065000 | 11,000.00 | 1,138,500.00 | 0.04% | 3,131,676,735 | MRVL 250829P00065000 | 543,675,000 | 08/25/2025 | 1.04 | 21,747 | ULTY | |
Nebius Group NV | N97284108 | 2,310,800.00 | 159,398,984.00 | 5.09% | 3,131,676,735 | NBIS | 543,675,000 | 08/25/2025 | 68.98 | 21,747 | ULTY | |
NBIS US 08/29/25 C69 | NBIS 250829C00069000 | -13,481.00 | -3,673,572.50 | -0.12% | 3,131,676,735 | NBIS 250829C00069000 | 543,675,000 | 08/25/2025 | 2.73 | 21,747 | ULTY | |
NEBIUS G CLL OPT 08/25 71 | NBIS 250829C00071000 | -9,627.00 | -1,708,792.50 | -0.05% | 3,131,676,735 | NBIS 250829C00071000 | 543,675,000 | 08/25/2025 | 1.78 | 21,747 | ULTY | |
NBIS US 08/29/25 P59 | NBIS 250829P00059000 | 13,481.00 | 404,430.00 | 0.01% | 3,131,676,735 | NBIS 250829P00059000 | 543,675,000 | 08/25/2025 | 0.30 | 21,747 | ULTY | |
NEBIUS G PUT OPT 08/25 61 | NBIS 250829P00061000 | 9,627.00 | 457,282.50 | 0.01% | 3,131,676,735 | NBIS 250829P00061000 | 543,675,000 | 08/25/2025 | 0.48 | 21,747 | ULTY | |
Oklo Inc | 02156V109 | 2,410,700.00 | 169,665,066.00 | 5.42% | 3,131,676,735 | OKLO | 543,675,000 | 08/25/2025 | 70.38 | 21,747 | ULTY | |
OKLO US 08/29/25 C68 | OKLO 250829C00068000 | -9,123.00 | -3,877,275.00 | -0.12% | 3,131,676,735 | OKLO 250829C00068000 | 543,675,000 | 08/25/2025 | 4.25 | 21,747 | ULTY | |
OKLO US 08/29/25 C71 | OKLO 250829C00071000 | -5,143.00 | -1,465,755.00 | -0.05% | 3,131,676,735 | OKLO 250829C00071000 | 543,675,000 | 08/25/2025 | 2.85 | 21,747 | ULTY | |
OKLO US 08/29/25 C73 | OKLO 250829C00073000 | -8,430.00 | -1,669,140.00 | -0.05% | 3,131,676,735 | OKLO 250829C00073000 | 543,675,000 | 08/25/2025 | 1.98 | 21,747 | ULTY | |
OKLO INC CLL OPT 08/25 74 | OKLO 250829C00074000 | -1,411.00 | -235,637.00 | -0.01% | 3,131,676,735 | OKLO 250829C00074000 | 543,675,000 | 08/25/2025 | 1.67 | 21,747 | ULTY | |
OKLO US 08/29/25 P57 | OKLO 250829P00057000 | -8,430.00 | -189,675.00 | -0.01% | 3,131,676,735 | OKLO 250829P00057000 | 543,675,000 | 08/25/2025 | 0.23 | 21,747 | ULTY | |
OKLO US 08/29/25 P58 | OKLO 250829P00058000 | 9,123.00 | 218,952.00 | 0.01% | 3,131,676,735 | OKLO 250829P00058000 | 543,675,000 | 08/25/2025 | 0.24 | 21,747 | ULTY | |
OKLO US 08/29/25 P60 | OKLO 250829P00060000 | 5,143.00 | 151,718.50 | 0.00% | 3,131,676,735 | OKLO 250829P00060000 | 543,675,000 | 08/25/2025 | 0.30 | 21,747 | ULTY | |
OKLO US 08/29/25 P61 | OKLO 250829P00061000 | 8,430.00 | 307,695.00 | 0.01% | 3,131,676,735 | OKLO 250829P00061000 | 543,675,000 | 08/25/2025 | 0.37 | 21,747 | ULTY | |
OKLO INC PUT OPT 08/25 63 | OKLO 250829P00063000 | 1,411.00 | 86,776.50 | 0.00% | 3,131,676,735 | OKLO 250829P00063000 | 543,675,000 | 08/25/2025 | 0.62 | 21,747 | ULTY | |
Palantir Technologies Inc | 69608A108 | 728,100.00 | 115,578,594.00 | 3.69% | 3,131,676,735 | PLTR | 543,675,000 | 08/25/2025 | 158.74 | 21,747 | ULTY | |
PLTR US 08/29/25 C157.5 | PLTR 250829C00157500 | -3,048.00 | -1,592,580.00 | -0.05% | 3,131,676,735 | PLTR 250829C00157500 | 543,675,000 | 08/25/2025 | 5.23 | 21,747 | ULTY | |
PLTR US 08/29/25 C160 | PLTR 250829C00160000 | -1,250.00 | -490,625.00 | -0.02% | 3,131,676,735 | PLTR 250829C00160000 | 543,675,000 | 08/25/2025 | 3.93 | 21,747 | ULTY | |
PLTR US 08/29/25 C162.5 | PLTR 250829C00162500 | -1,735.00 | -493,607.50 | -0.02% | 3,131,676,735 | PLTR 250829C00162500 | 543,675,000 | 08/25/2025 | 2.85 | 21,747 | ULTY | |
PLTR US 08/29/25 C165 | PLTR 250829C00165000 | -1,248.00 | -253,968.00 | -0.01% | 3,131,676,735 | PLTR 250829C00165000 | 543,675,000 | 08/25/2025 | 2.04 | 21,747 | ULTY | |
PLTR US 08/29/25 P138 | PLTR 250829P00138000 | 1,250.00 | 57,500.00 | 0.00% | 3,131,676,735 | PLTR 250829P00138000 | 543,675,000 | 08/25/2025 | 0.46 | 21,747 | ULTY | |
PLTR US 08/29/25 P140 | PLTR 250829P00140000 | 4,783.00 | 267,848.00 | 0.01% | 3,131,676,735 | PLTR 250829P00140000 | 543,675,000 | 08/25/2025 | 0.56 | 21,747 | ULTY | |
PALANTIR PUT OPT 08/25 142 | PLTR 250829P00142000 | 1,248.00 | 85,488.00 | 0.00% | 3,131,676,735 | PLTR 250829P00142000 | 543,675,000 | 08/25/2025 | 0.69 | 21,747 | ULTY | |
Reddit Inc | 75734B100 | 608,500.00 | 132,233,135.00 | 4.22% | 3,131,676,735 | RDDT | 543,675,000 | 08/25/2025 | 217.31 | 21,747 | ULTY | |
RDDT US 08/29/25 C225 | RDDT 250829C00225000 | -1,000.00 | -430,000.00 | -0.01% | 3,131,676,735 | RDDT 250829C00225000 | 543,675,000 | 08/25/2025 | 4.30 | 21,747 | ULTY | |
RDDT US 08/29/25 C230 | RDDT 250829C00230000 | -5,085.00 | -1,461,937.50 | -0.05% | 3,131,676,735 | RDDT 250829C00230000 | 543,675,000 | 08/25/2025 | 2.88 | 21,747 | ULTY | |
RDDT US 08/29/25 P190 | RDDT 250829P00190000 | 1,000.00 | 86,500.00 | 0.00% | 3,131,676,735 | RDDT 250829P00190000 | 543,675,000 | 08/25/2025 | 0.87 | 21,747 | ULTY | |
RDDT US 08/29/25 P197.5 | RDDT 250829P00197500 | 5,085.00 | 778,005.00 | 0.02% | 3,131,676,735 | RDDT 250829P00197500 | 543,675,000 | 08/25/2025 | 1.53 | 21,747 | ULTY | |
Rigetti Computing Inc | 76655K103 | 9,999,800.00 | 148,197,036.00 | 4.73% | 3,131,676,735 | RGTI | 543,675,000 | 08/25/2025 | 14.82 | 21,747 | ULTY | |
RGTI US 08/29/25 C15.5 | RGTI 250829C00015500 | -68,731.00 | -2,165,026.50 | -0.07% | 3,131,676,735 | RGTI 250829C00015500 | 543,675,000 | 08/25/2025 | 0.32 | 21,747 | ULTY | |
RGTI US 08/29/25 C16 | RGTI 250829C00016000 | -31,267.00 | -578,439.50 | -0.02% | 3,131,676,735 | RGTI 250829C00016000 | 543,675,000 | 08/25/2025 | 0.19 | 21,747 | ULTY | |
RGTI US 08/29/25 P13 | RGTI 250829P00013000 | 99,998.00 | 749,985.00 | 0.02% | 3,131,676,735 | RGTI 250829P00013000 | 543,675,000 | 08/25/2025 | 0.08 | 21,747 | ULTY | |
Rocket Lab Corp | 773121108 | 3,726,600.00 | 165,386,508.00 | 5.28% | 3,131,676,735 | RKLB | 543,675,000 | 08/25/2025 | 44.38 | 21,747 | ULTY | |
RKLB US 08/29/25 C41.5 | RKLB 250829C00041500 | -15,000.00 | -5,400,000.00 | -0.17% | 3,131,676,735 | RKLB 250829C00041500 | 543,675,000 | 08/25/2025 | 3.60 | 21,747 | ULTY | |
RKLB US 08/29/25 C42.5 | RKLB 250829C00042500 | -6,500.00 | -1,849,250.00 | -0.06% | 3,131,676,735 | RKLB 250829C00042500 | 543,675,000 | 08/25/2025 | 2.85 | 21,747 | ULTY | |
RKLB US 08/29/25 C44 | RKLB 250829C00044000 | -13,500.00 | -2,659,500.00 | -0.08% | 3,131,676,735 | RKLB 250829C00044000 | 543,675,000 | 08/25/2025 | 1.97 | 21,747 | ULTY | |
ROCKET L CLL OPT 08/25 47 | RKLB 250829C00047000 | -2,266.00 | -182,413.00 | -0.01% | 3,131,676,735 | RKLB 250829C00047000 | 543,675,000 | 08/25/2025 | 0.81 | 21,747 | ULTY | |
RKLB US 08/29/25 P35 | RKLB 250829P00035000 | -13,500.00 | -128,250.00 | 0.00% | 3,131,676,735 | RKLB 250829P00035000 | 543,675,000 | 08/25/2025 | 0.10 | 21,747 | ULTY | |
RKLB US 08/29/25 P36 | RKLB 250829P00036000 | 15,000.00 | 172,500.00 | 0.01% | 3,131,676,735 | RKLB 250829P00036000 | 543,675,000 | 08/25/2025 | 0.12 | 21,747 | ULTY | |
RKLB US 08/29/25 P36.5 | RKLB 250829P00036500 | 6,500.00 | 110,500.03 | 0.00% | 3,131,676,735 | RKLB 250829P00036500 | 543,675,000 | 08/25/2025 | 0.17 | 21,747 | ULTY | |
RKLB US 08/29/25 P37 | RKLB 250829P00037000 | 13,500.00 | 256,500.00 | 0.01% | 3,131,676,735 | RKLB 250829P00037000 | 543,675,000 | 08/25/2025 | 0.19 | 21,747 | ULTY | |
ROCKET L PUT OPT 08/25 40 | RKLB 250829P00040000 | 2,266.00 | 86,108.00 | 0.00% | 3,131,676,735 | RKLB 250829P00040000 | 543,675,000 | 08/25/2025 | 0.38 | 21,747 | ULTY | |
Super Micro Computer Inc | 86800U302 | 1,812,900.00 | 79,550,052.00 | 2.54% | 3,131,676,735 | SMCI | 543,675,000 | 08/25/2025 | 43.88 | 21,747 | ULTY | |
SMCI US 08/29/25 C44.5 | SMCI 250829C00044500 | -18,129.00 | -1,948,867.50 | -0.06% | 3,131,676,735 | SMCI 250829C00044500 | 543,675,000 | 08/25/2025 | 1.08 | 21,747 | ULTY | |
SMCI US 08/29/25 P38 | SMCI 250829P00038000 | 18,129.00 | 253,806.00 | 0.01% | 3,131,676,735 | SMCI 250829P00038000 | 543,675,000 | 08/25/2025 | 0.14 | 21,747 | ULTY | |
NuScale Power Corp | 67079K100 | 3,742,000.00 | 131,119,680.00 | 4.19% | 3,131,676,735 | SMR | 543,675,000 | 08/25/2025 | 35.04 | 21,747 | ULTY | |
SMR US 08/29/25 C35.5 | SMR 250829C00035500 | -19,264.00 | -2,494,688.00 | -0.08% | 3,131,676,735 | SMR 250829C00035500 | 543,675,000 | 08/25/2025 | 1.30 | 21,747 | ULTY | |
SMR US 08/29/25 C37 | SMR 250829C00037000 | -18,156.00 | -1,416,168.00 | -0.05% | 3,131,676,735 | SMR 250829C00037000 | 543,675,000 | 08/25/2025 | 0.78 | 21,747 | ULTY | |
SMR US 08/29/25 P29 | SMR 250829P00029000 | -18,156.00 | -172,482.00 | -0.01% | 3,131,676,735 | SMR 250829P00029000 | 543,675,000 | 08/25/2025 | 0.10 | 21,747 | ULTY | |
SMR US 08/29/25 P30 | SMR 250829P00030000 | 19,264.00 | 298,592.00 | 0.01% | 3,131,676,735 | SMR 250829P00030000 | 543,675,000 | 08/25/2025 | 0.16 | 21,747 | ULTY | |
SMR US 08/29/25 P30.5 | SMR 250829P00030500 | 18,156.00 | 381,276.00 | 0.01% | 3,131,676,735 | SMR 250829P00030500 | 543,675,000 | 08/25/2025 | 0.21 | 21,747 | ULTY | |
Tesla Inc | 88160R101 | 290,000.00 | 98,602,900.00 | 3.15% | 3,131,676,735 | TSLA | 543,675,000 | 08/25/2025 | 340.01 | 21,747 | ULTY | |
TSLA US 08/29/25 C332.5 | TSLA 250829C00332500 | -2,900.00 | -3,610,500.00 | -0.12% | 3,131,676,735 | TSLA 250829C00332500 | 543,675,000 | 08/25/2025 | 12.45 | 21,747 | ULTY | |
TSLA US 08/29/25 P290 | TSLA 250829P00290000 | 2,900.00 | 88,450.00 | 0.00% | 3,131,676,735 | TSLA 250829P00290000 | 543,675,000 | 08/25/2025 | 0.31 | 21,747 | ULTY | |
Unity Software Inc | 91332U101 | 3,477,100.00 | 136,163,236.00 | 4.35% | 3,131,676,735 | U | 543,675,000 | 08/25/2025 | 39.16 | 21,747 | ULTY | |
U US 08/29/25 C37.5 | U 250829C00037500 | -27,500.00 | -6,668,750.00 | -0.21% | 3,131,676,735 | U 250829C00037500 | 543,675,000 | 08/25/2025 | 2.43 | 21,747 | ULTY | |
U US 08/29/25 C38 | U 250829C00038000 | -4,727.00 | -997,397.00 | -0.03% | 3,131,676,735 | U 250829C00038000 | 543,675,000 | 08/25/2025 | 2.11 | 21,747 | ULTY | |
UNITY SO CLL OPT 08/25 41.500 | U 250829C00041500 | -2,544.00 | -169,176.00 | -0.01% | 3,131,676,735 | U 250829C00041500 | 543,675,000 | 08/25/2025 | 0.67 | 21,747 | ULTY | |
U US 08/29/25 P32 | U 250829P00032000 | 27,500.00 | 123,750.00 | 0.00% | 3,131,676,735 | U 250829P00032000 | 543,675,000 | 08/25/2025 | 0.05 | 21,747 | ULTY | |
U US 08/29/25 P32.5 | U 250829P00032500 | 4,727.00 | 23,635.02 | 0.00% | 3,131,676,735 | U 250829P00032500 | 543,675,000 | 08/25/2025 | 0.05 | 21,747 | ULTY | |
UNITY SO PUT OPT 08/25 35.500 | U 250829P00035500 | 2,544.00 | 71,232.00 | 0.00% | 3,131,676,735 | U 250829P00035500 | 543,675,000 | 08/25/2025 | 0.28 | 21,747 | ULTY | |
Upstart Holdings Inc | 91680M107 | 2,389,300.00 | 164,503,305.00 | 5.25% | 3,131,676,735 | UPST | 543,675,000 | 08/25/2025 | 68.85 | 21,747 | ULTY | |
UPSTART CLL OPT 08/25 72 | UPST 250829C00072000 | -23,893.00 | -3,225,555.00 | -0.10% | 3,131,676,735 | UPST 250829C00072000 | 543,675,000 | 08/25/2025 | 1.35 | 21,747 | ULTY | |
UPSTART PUT OPT 08/25 63 | UPST 250829P00063000 | 23,893.00 | 1,457,473.00 | 0.05% | 3,131,676,735 | UPST 250829P00063000 | 543,675,000 | 08/25/2025 | 0.61 | 21,747 | ULTY | |
Cash & Other | Cash&Other | -5,382,577.92 | -5,382,577.92 | -0.17% | 3,131,676,735 | Cash&Other | 543,675,000 | 08/25/2025 | 1.00 | 21,747 | ULTY | Y |
Purchase Information
This Fund is not affiliated with these financial service firms.
Their listing should not be viewed as a recommendation or endorsement.
Risk Information
Before investing, carefully consider the Fund’s investment objectives, risks, charges, and expenses. This information, along with other details, is available in the prospectus. Please read the prospectuses carefully before making any investment.
Investments involve risk. Principal loss is possible.
THE FUND, TRUST, ADVISER, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING ISSUER.
Underlying Security Risk:
Each Underlying YieldMax™ ETF invests in options contracts based on the value of its Underlying Security. This subjects each Underlying YieldMax™ ETF to certain risks as if it owned shares of its Underlying Security, even though it does not. As a result, each Underlying YieldMax™ ETF is subject to the risks associated with the industry of the corresponding Underlying Issuer.
Derivatives Risk:
Derivatives are financial instruments deriving value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates, or indexes. Each Underlying YieldMax™ ETF’s investments in derivatives may pose risks beyond those associated with directly investing in securities or other ordinary investments. Risks include market-related factors, imperfect correlation with underlying investments or Underlying YieldMax™ ETF’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation, and legal restrictions. The Underlying YieldMax™ ETFs’ investment strategies are options-based, and option prices are influenced by various factors.
Distribution Risk:
Each Underlying YieldMax™ ETF aims to provide weekly or monthly income, but there is no guarantee of distribution in any given month. Monthly or weekly distributions may consist of capital returns, potentially reducing each Underlying YieldMax™ ETF’s NAV and trading price over time. This could lead to significant losses for investors, especially as returns exclude dividends paid by the Underlying Security, resulting in lesser income compared to a direct investment in the Underlying Security.
NAV Erosion Risk Due to Distributions:
When an Underlying YieldMax™ ETF makes a distribution, its NAV typically drops by the distribution amount on the related ex-dividend date. Repetitive distributions may significantly erode an Underlying YieldMax™ ETF’s NAV and trading price over time, potentially resulting in notable losses for investors.
Call Writing Strategy Risk:
The continuous application of each Underlying YieldMax™ ETF’s call writing strategy impacts its ability to participate in positive price returns of its Underlying Security. This affects returns during the term of sold call options and over longer time frames. An Underlying YieldMax™ ETF’s participation in its Underlying Security’s positive price returns and its own returns will depend not only on the Underlying Security’s price but also on the path the Underlying Security’s price takes over time. Certain price trajectories of the Underlying Security could lead to suboptimal outcomes for the Underlying YieldMax™ ETF.
Single Issuer Risk:
Each Underlying YieldMax™ ETF, focusing on an individual security (Underlying Security), may experience more volatility compared to traditional pooled investments or the market generally due to issuer-specific attributes. Its performance may deviate from that of diversified investments or the overall market, making it potentially more susceptible to the specific performance and risks associated with the Underlying Security.
High Portfolio Turnover Risk:
Each Underlying YieldMax™ ETF may actively and frequently trade all or a significant portion of the Underlying YieldMax™ ETF’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Underlying YieldMax™ ETF’s expenses.
New Fund Risk:
The Fund is a recently organized management investment company with no operating history. Prospective investors do not have a track record or history on which to base their investment decisions.
Liquidity Risk. Some securities held by the Underlying YieldMax™ ETFs, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil. This risk is greater for the Underlying YieldMax™ ETFs as each will hold options contracts on a single security, and not a broader range of options contracts. Markets for securities or financial instruments could be disrupted by a number of events, including, but not limited to, an economic crisis, natural disasters, epidemics/pandemics, new legislation or regulatory changes inside or outside the United States. Illiquid securities may be difficult to value, especially in changing or volatile markets. If an Underlying YieldMax™ ETF is forced to sell an illiquid security at an unfavorable time or price, the Underlying YieldMax™ ETF may be adversely impacted. Certain market conditions or restrictions, such as market rules related to short sales, may prevent the Underlying YieldMax™ ETF from limiting losses, realizing gains or achieving a high correlation with the Underlying Security. There is no assurance that a security that is deemed liquid when purchased will continue to be liquid. Market illiquidity may cause losses for the Underlying YieldMax™ ETFs.
Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund. As a result, a decline in the value of an investment in a single issuer or a smaller number of issuers could cause the Fund’s overall value to decline to a greater degree than if the Fund held a more diversified portfolio.
Launch & Structure Partner: Tidal ETF Services
The Funds are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with YieldMax or Tidal.