ULTY
YieldMax™ Ultra
Option Income
Strategy ETF
ULTY is an actively managed ETF that seeks to generate monthly 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 |
---|---|---|
108.18 | YieldMax ULTY Option Income Strategy ETF | 12/10/2024 |
30-Day SEC Yield**:
Name | value | date |
---|---|---|
30-Day SEC Yield | 0.00 | 11/30/2024 |
Distribution Details
For YieldMax™ ETFs Distribution Schedules, click here.
ticker_name | Distribution per Share | declared date | ex date | record date | payable date |
---|---|---|---|---|---|
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.
YieldMax™ ETF distributions may contain return of capital, but an estimate cannot be provided at this time. Please refer to the 19a-1 notices at here for additional details regarding the distributions’ composition, once available.
Fund Overview
YieldMax™ Ultra Option Income Strategy ETF (ULTY) is actively managed to seek monthly 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* | 1.24% |
8 | Less Fee Waiver* | -0.10% |
9 | Net Expense Ratio* | 1.14% |
Name | value | date |
---|---|---|
30-Day SEC Yield | 0.00 | 11/30/2024 |
Fund Name | Fund Ticker | CUSIP | 30-Day SEC Yield | Date |
---|---|---|---|---|
YieldMax TSLA Option Income Strategy ETF | TSLY | 88636J444 | 2.98 | 11/30/2024 |
* The Fund’s investment adviser has agreed to a 0.10% fee waiver through at least February 28, 2025.
**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 | $281.85m |
NAV | $9.99 |
Shares Outstanding | 28,225,000 |
Premium/Discount Percentage | -0.06% |
Closing Price | $9.98 |
Median 30 Day Spread** | 0.1% |
Rate Date |
---|
12/10/2024 |
**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 |
---|
11/30/2024 |
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 | 10.52 | 14.85 | 13.68 | – | – | – | – | 2.02 | – | YieldMax Ultra Option Income Strategy ETF | 11/30/2024 |
ULTY MKT | 10.61 | 14.96 | 13.02 | – | – | – | – | 2.73 | – | YieldMax Ultra Option Income Strategy ETF | 11/30/2024 |
SPTR2 | 5.87 | 7.15 | 15.07 | – | – | – | – | 20.22 | S&P 500 TR | 11/30/2024 |
Name |
---|
09/30/2024 |
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 | 2.63 | -1.06 | -6.81 | – | – | – | – | -8.83 | – | YieldMax Ultra Option Income Strategy ETF | 09/30/2024 |
ULTY MKT | 2.72 | -0.77 | -6.26 | – | – | – | – | -8.21 | – | YieldMax Ultra Option Income Strategy ETF | 09/30/2024 |
SPTR2 | 2.14 | 5.89 | 10.42 | – | – | – | – | 14.60 | S&P 500 TR | 09/30/2024 |
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, monthly. There is no guarantee these distributions will be made.
Holdings
Top 10 Holdings
Name |
---|
12/12/2024 |
Security Name | CUSIP | Shares | Market Value | Weightings | Net Assets | StockTicker | SharesOutstanding | Date | Price | CreationUnits | Account | MoneyMarketFlag |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Broadcom Inc | 11135F101 | 38,000.00 | 6,961,600.00 | 2.49% | 280,128,340 | AVGO | 29,950,000 | 12/12/2024 | 183.20 | 1,198 | ULTY | |
BROADCOM CLL OPT 12/24 192.500 | AVGO 241213C00192500 | -380.00 | -116,850.00 | -0.04% | 280,128,340 | AVGO 241213C00192500 | 29,950,000 | 12/12/2024 | 3.08 | 1,198 | ULTY | |
BROADCOM PUT OPT 12/24 175 | AVGO 241213P00175000 | 380.00 | 106,400.00 | 0.04% | 280,128,340 | AVGO 241213P00175000 | 29,950,000 | 12/12/2024 | 2.80 | 1,198 | ULTY | |
Alibaba Group Holding Ltd | 01609W102 | 98,500.00 | 8,764,530.00 | 3.13% | 280,128,340 | BABA | 29,950,000 | 12/12/2024 | 88.98 | 1,198 | ULTY | |
ALIBABA CLL OPT 12/24 92 | BABA 241220C00092000 | -985.00 | -159,077.50 | -0.06% | 280,128,340 | BABA 241220C00092000 | 29,950,000 | 12/12/2024 | 1.62 | 1,198 | ULTY | |
ALIBABA PUT OPT 12/24 85 | BABA 241220P00085000 | 985.00 | 75,845.00 | 0.03% | 280,128,340 | BABA 241220P00085000 | 29,950,000 | 12/12/2024 | 0.77 | 1,198 | ULTY | |
Cava Group Inc | 148929102 | 59,000.00 | 7,527,810.00 | 2.69% | 280,128,340 | CAVA | 29,950,000 | 12/12/2024 | 127.59 | 1,198 | ULTY | |
CAVA GRO CLL OPT 12/24 133 | CAVA 241220C00133000 | -590.00 | -131,275.00 | -0.05% | 280,128,340 | CAVA 241220C00133000 | 29,950,000 | 12/12/2024 | 2.23 | 1,198 | ULTY | |
CAVA GRO PUT OPT 12/24 123 | CAVA 241220P00123000 | 590.00 | 125,375.00 | 0.04% | 280,128,340 | CAVA 241220P00123000 | 29,950,000 | 12/12/2024 | 2.13 | 1,198 | ULTY | |
Celsius Holdings Inc | 15118V207 | 230,000.00 | 6,844,800.00 | 2.44% | 280,128,340 | CELH | 29,950,000 | 12/12/2024 | 29.76 | 1,198 | ULTY | |
CELH US 12/20/24 C33 | CELH 241220C00033000 | -2,300.00 | -103,500.00 | -0.04% | 280,128,340 | CELH 241220C00033000 | 29,950,000 | 12/12/2024 | 0.45 | 1,198 | ULTY | |
CELH US 12/20/24 P29.5 | CELH 241220P00029500 | 2,300.00 | 286,350.00 | 0.10% | 280,128,340 | CELH 241220P00029500 | 29,950,000 | 12/12/2024 | 1.25 | 1,198 | ULTY | |
Coinbase Global Inc | 19260Q107 | 31,800.00 | 9,979,158.00 | 3.56% | 280,128,340 | COIN | 29,950,000 | 12/12/2024 | 313.81 | 1,198 | ULTY | |
COIN US 12/20/24 C320 | COIN 241220C00320000 | -318.00 | -399,090.00 | -0.14% | 280,128,340 | COIN 241220C00320000 | 29,950,000 | 12/12/2024 | 12.55 | 1,198 | ULTY | |
COIN US 12/20/24 P280 | COIN 241220P00280000 | 318.00 | 100,965.00 | 0.04% | 280,128,340 | COIN 241220P00280000 | 29,950,000 | 12/12/2024 | 3.18 | 1,198 | ULTY | |
Crowdstrike Holdings Inc | 22788C105 | 22,000.00 | 7,985,340.00 | 2.85% | 280,128,340 | CRWD | 29,950,000 | 12/12/2024 | 362.97 | 1,198 | ULTY | |
CROWDSTR CLL OPT 12/24 380 | CRWD 241220C00380000 | -220.00 | -68,860.00 | -0.02% | 280,128,340 | CRWD 241220C00380000 | 29,950,000 | 12/12/2024 | 3.13 | 1,198 | ULTY | |
CROWDSTR PUT OPT 12/24 350 | CRWD 241220P00350000 | 220.00 | 71,500.00 | 0.03% | 280,128,340 | CRWD 241220P00350000 | 29,950,000 | 12/12/2024 | 3.25 | 1,198 | ULTY | |
Dell Technologies Inc | 24703L202 | 64,200.00 | 7,619,898.00 | 2.72% | 280,128,340 | DELL | 29,950,000 | 12/12/2024 | 118.69 | 1,198 | ULTY | |
DELL US 12/20/24 C122 | DELL 241220C00122000 | -642.00 | -92,127.00 | -0.03% | 280,128,340 | DELL 241220C00122000 | 29,950,000 | 12/12/2024 | 1.44 | 1,198 | ULTY | |
DELL US 12/20/24 P114 | DELL 241220P00114000 | 642.00 | 57,459.00 | 0.02% | 280,128,340 | DELL 241220P00114000 | 29,950,000 | 12/12/2024 | 0.90 | 1,198 | ULTY | |
Dollar General Corp | 256677105 | 61,000.00 | 4,869,020.00 | 1.74% | 280,128,340 | DG | 29,950,000 | 12/12/2024 | 79.82 | 1,198 | ULTY | |
DG US 12/20/24 C83 | DG 241220C00083000 | -610.00 | -52,765.00 | -0.02% | 280,128,340 | DG 241220C00083000 | 29,950,000 | 12/12/2024 | 0.87 | 1,198 | ULTY | |
DG US 12/20/24 P78 | DG 241220P00078000 | 610.00 | 68,625.00 | 0.02% | 280,128,340 | DG 241220P00078000 | 29,950,000 | 12/12/2024 | 1.13 | 1,198 | ULTY | |
Trump Media & Technology Group Corp | 25400Q105 | 95,000.00 | 3,441,850.00 | 1.23% | 280,128,340 | DJT | 29,950,000 | 12/12/2024 | 36.23 | 1,198 | ULTY | |
DJT US 12/20/24 C38 | DJT 241220C00038000 | -950.00 | -171,475.00 | -0.06% | 280,128,340 | DJT 241220C00038000 | 29,950,000 | 12/12/2024 | 1.81 | 1,198 | ULTY | |
DJT US 12/20/24 P32.5 | DJT 241220P00032500 | 950.00 | 77,900.00 | 0.03% | 280,128,340 | DJT 241220P00032500 | 29,950,000 | 12/12/2024 | 0.82 | 1,198 | ULTY | |
elf Beauty Inc | 26856L103 | 17,500.00 | 2,423,225.00 | 0.87% | 280,128,340 | ELF | 29,950,000 | 12/12/2024 | 138.47 | 1,198 | ULTY | |
ELF US 12/20/24 C145 | ELF 241220C00145000 | -175.00 | -54,687.50 | -0.02% | 280,128,340 | ELF 241220C00145000 | 29,950,000 | 12/12/2024 | 3.13 | 1,198 | ULTY | |
ELF US 12/20/24 P131 | ELF 241220P00131000 | 175.00 | 38,937.50 | 0.01% | 280,128,340 | ELF 241220P00131000 | 29,950,000 | 12/12/2024 | 2.23 | 1,198 | ULTY | |
First American Government Obligations Fund 12/01/2031 | 31846V336 | 20,765,597.84 | 20,765,597.84 | 7.42% | 280,128,340 | FGXXX | 29,950,000 | 12/12/2024 | 100.00 | 1,198 | ULTY | Y |
Hims & Hers Health Inc | 433000106 | 250,000.00 | 7,547,500.00 | 2.70% | 280,128,340 | HIMS | 29,950,000 | 12/12/2024 | 30.19 | 1,198 | ULTY | |
HIMS & H CLL OPT 12/24 33 | HIMS 241220C00033000 | -2,500.00 | -300,000.00 | -0.11% | 280,128,340 | HIMS 241220C00033000 | 29,950,000 | 12/12/2024 | 1.20 | 1,198 | ULTY | |
HIMS & H PUT OPT 12/24 28 | HIMS 241220P00028000 | 2,500.00 | 312,500.00 | 0.11% | 280,128,340 | HIMS 241220P00028000 | 29,950,000 | 12/12/2024 | 1.25 | 1,198 | ULTY | |
Lululemon Athletica Inc | 550021109 | 13,500.00 | 5,396,625.00 | 1.93% | 280,128,340 | LULU | 29,950,000 | 12/12/2024 | 399.75 | 1,198 | ULTY | |
LULU US 12/20/24 C415 | LULU 241220C00415000 | -135.00 | -38,002.50 | -0.01% | 280,128,340 | LULU 241220C00415000 | 29,950,000 | 12/12/2024 | 2.82 | 1,198 | ULTY | |
LULU US 12/20/24 P395 | LULU 241220P00395000 | 135.00 | 70,875.00 | 0.03% | 280,128,340 | LULU 241220P00395000 | 29,950,000 | 12/12/2024 | 5.25 | 1,198 | ULTY | |
MARA Holdings Inc | 565788106 | 300,000.00 | 6,981,000.00 | 2.49% | 280,128,340 | MARA | 29,950,000 | 12/12/2024 | 23.27 | 1,198 | ULTY | |
MARA US 12/13/24 C24.5 | MARA 241213C00024500 | -3,000.00 | -114,000.00 | -0.04% | 280,128,340 | MARA 241213C00024500 | 29,950,000 | 12/12/2024 | 0.38 | 1,198 | ULTY | |
MARA US 12/13/24 P23 | MARA 241213P00023000 | 3,000.00 | 187,500.00 | 0.07% | 280,128,340 | MARA 241213P00023000 | 29,950,000 | 12/12/2024 | 0.63 | 1,198 | ULTY | |
Moderna Inc | 60770K107 | 175,000.00 | 7,500,500.00 | 2.68% | 280,128,340 | MRNA | 29,950,000 | 12/12/2024 | 42.86 | 1,198 | ULTY | |
MRNA US 12/20/24 C44 | MRNA 241220C00044000 | -1,750.00 | -223,125.00 | -0.08% | 280,128,340 | MRNA 241220C00044000 | 29,950,000 | 12/12/2024 | 1.28 | 1,198 | ULTY | |
MRNA US 12/20/24 P38.5 | MRNA 241220P00038500 | 1,750.00 | 42,875.00 | 0.02% | 280,128,340 | MRNA 241220P00038500 | 29,950,000 | 12/12/2024 | 0.25 | 1,198 | ULTY | |
MicroStrategy Inc | 594972408 | 25,000.00 | 10,285,000.00 | 3.67% | 280,128,340 | MSTR | 29,950,000 | 12/12/2024 | 411.40 | 1,198 | ULTY | |
MICROSTR CLL OPT 12/24 425 | MSTR 241220C00425000 | -250.00 | -611,875.00 | -0.22% | 280,128,340 | MSTR 241220C00425000 | 29,950,000 | 12/12/2024 | 24.48 | 1,198 | ULTY | |
MICROSTR PUT OPT 12/24 370 | MSTR 241220P00370000 | 250.00 | 308,125.00 | 0.11% | 280,128,340 | MSTR 241220P00370000 | 29,950,000 | 12/12/2024 | 12.33 | 1,198 | ULTY | |
Micron Technology Inc | 595112103 | 75,000.00 | 7,654,125.00 | 2.73% | 280,128,340 | MU | 29,950,000 | 12/12/2024 | 102.06 | 1,198 | ULTY | |
MU US 12/20/24 C104 | MU 241220C00104000 | -750.00 | -380,625.00 | -0.14% | 280,128,340 | MU 241220C00104000 | 29,950,000 | 12/12/2024 | 5.08 | 1,198 | ULTY | |
MU US 12/20/24 P96 | MU 241220P00096000 | 750.00 | 225,000.00 | 0.08% | 280,128,340 | MU 241220P00096000 | 29,950,000 | 12/12/2024 | 3.00 | 1,198 | ULTY | |
NIKE Inc | 654106103 | 100,000.00 | 7,885,000.00 | 2.82% | 280,128,340 | NKE | 29,950,000 | 12/12/2024 | 78.85 | 1,198 | ULTY | |
NKE US 12/20/24 C81 | NKE 241220C00081000 | -1,000.00 | -236,000.00 | -0.08% | 280,128,340 | NKE 241220C00081000 | 29,950,000 | 12/12/2024 | 2.36 | 1,198 | ULTY | |
NKE US 12/20/24 P76 | NKE 241220P00076000 | 1,000.00 | 193,500.00 | 0.07% | 280,128,340 | NKE 241220P00076000 | 29,950,000 | 12/12/2024 | 1.94 | 1,198 | ULTY | |
NVIDIA Corp | 67066G104 | 77,100.00 | 10,740,801.00 | 3.84% | 280,128,340 | NVDA | 29,950,000 | 12/12/2024 | 139.31 | 1,198 | ULTY | |
NVDA US 12/13/24 C140 | NVDA 241213C00140000 | -771.00 | -111,409.50 | -0.04% | 280,128,340 | NVDA 241213C00140000 | 29,950,000 | 12/12/2024 | 1.45 | 1,198 | ULTY | |
NVDA US 12/13/24 P132 | NVDA 241213P00132000 | 771.00 | 9,637.50 | 0.00% | 280,128,340 | NVDA 241213P00132000 | 29,950,000 | 12/12/2024 | 0.13 | 1,198 | ULTY | |
Palo Alto Networks Inc | 697435105 | 19,700.00 | 7,848,874.00 | 2.80% | 280,128,340 | PANW | 29,950,000 | 12/12/2024 | 398.42 | 1,198 | ULTY | |
PANW US 12/13/24 C400 | PANW 241213C00400000 | -197.00 | -58,903.00 | -0.02% | 280,128,340 | PANW 241213C00400000 | 29,950,000 | 12/12/2024 | 2.99 | 1,198 | ULTY | |
PANW US 12/13/24 P390 | PANW 241213P00390000 | 150.00 | 16,500.00 | 0.01% | 280,128,340 | PANW 241213P00390000 | 29,950,000 | 12/12/2024 | 1.10 | 1,198 | ULTY | |
PANW US 12/13/24 P395 | PANW 241213P00395000 | 47.00 | 10,293.00 | 0.00% | 280,128,340 | PANW 241213P00395000 | 29,950,000 | 12/12/2024 | 2.19 | 1,198 | ULTY | |
Palantir Technologies Inc | 69608A108 | 91,900.00 | 6,663,669.00 | 2.38% | 280,128,340 | PLTR | 29,950,000 | 12/12/2024 | 72.51 | 1,198 | ULTY | |
PLTR US 12/20/24 C78 | PLTR 241220C00078000 | -919.00 | -147,040.00 | -0.05% | 280,128,340 | PLTR 241220C00078000 | 29,950,000 | 12/12/2024 | 1.60 | 1,198 | ULTY | |
PALANTIR PUT OPT 12/24 70 | PLTR 241220P00070000 | 450.00 | 90,225.00 | 0.03% | 280,128,340 | PLTR 241220P00070000 | 29,950,000 | 12/12/2024 | 2.01 | 1,198 | ULTY | |
PLTR US 12/20/24 P74 | PLTR 241220P00074000 | 469.00 | 193,462.50 | 0.07% | 280,128,340 | PLTR 241220P00074000 | 29,950,000 | 12/12/2024 | 4.13 | 1,198 | ULTY | |
Semtech Corp | 816850101 | 100,000.00 | 6,411,000.00 | 2.29% | 280,128,340 | SMTC | 29,950,000 | 12/12/2024 | 64.11 | 1,198 | ULTY | |
SMTC US 12/20/24 C65 | SMTC 241220C00065000 | -1,000.00 | -192,500.00 | -0.07% | 280,128,340 | SMTC 241220C00065000 | 29,950,000 | 12/12/2024 | 1.93 | 1,198 | ULTY | |
SMTC US 12/20/24 P60 | SMTC 241220P00060000 | 1,000.00 | 80,000.00 | 0.03% | 280,128,340 | SMTC 241220P00060000 | 29,950,000 | 12/12/2024 | 0.80 | 1,198 | ULTY | |
Snowflake Inc | 833445109 | 40,000.00 | 6,878,400.00 | 2.46% | 280,128,340 | SNOW | 29,950,000 | 12/12/2024 | 171.96 | 1,198 | ULTY | |
SNOW US 12/20/24 C180 | SNOW 241220C00180000 | -400.00 | -61,400.00 | -0.02% | 280,128,340 | SNOW 241220C00180000 | 29,950,000 | 12/12/2024 | 1.54 | 1,198 | ULTY | |
SNOWFLAK PUT OPT 12/24 170 | SNOW 241220P00170000 | 400.00 | 120,000.00 | 0.04% | 280,128,340 | SNOW 241220P00170000 | 29,950,000 | 12/12/2024 | 3.00 | 1,198 | ULTY | |
Direxion Daily Semiconductors Bull 3x Shares | 25459W458 | 345,000.00 | 10,046,400.00 | 3.59% | 280,128,340 | SOXL | 29,950,000 | 12/12/2024 | 29.12 | 1,198 | ULTY | |
SOXL US 12/20/24 C29.5 | SOXL 241220C00029500 | -3,450.00 | -508,875.00 | -0.18% | 280,128,340 | SOXL 241220C00029500 | 29,950,000 | 12/12/2024 | 1.48 | 1,198 | ULTY | |
SOXL US 12/20/24 P25 | SOXL 241220P00025000 | 3,450.00 | 94,875.00 | 0.03% | 280,128,340 | SOXL 241220P00025000 | 29,950,000 | 12/12/2024 | 0.28 | 1,198 | ULTY | |
Symbotic Inc | 87151X101 | 110,000.00 | 2,934,800.00 | 1.05% | 280,128,340 | SYM | 29,950,000 | 12/12/2024 | 26.68 | 1,198 | ULTY | |
SYMBOTIC CLL OPT 12/24 28 | SYM 241220C00028000 | -1,100.00 | -118,250.00 | -0.04% | 280,128,340 | SYM 241220C00028000 | 29,950,000 | 12/12/2024 | 1.08 | 1,198 | ULTY | |
SYMBOTIC PUT OPT 12/24 25 | SYM 241220P00025000 | 1,100.00 | 96,250.00 | 0.03% | 280,128,340 | SYM 241220P00025000 | 29,950,000 | 12/12/2024 | 0.88 | 1,198 | ULTY | |
Direxion Daily Small Cap Bull 3X Shares | 25459W847 | 315,000.00 | 16,647,750.00 | 5.94% | 280,128,340 | TNA | 29,950,000 | 12/12/2024 | 52.85 | 1,198 | ULTY | |
TNA US 12/13/24 C54 | TNA 241213C00054000 | -2,000.00 | -108,000.00 | -0.04% | 280,128,340 | TNA 241213C00054000 | 29,950,000 | 12/12/2024 | 0.54 | 1,198 | ULTY | |
TNA US 12/13/24 P51 | TNA 241213P00051000 | 2,000.00 | 49,000.00 | 0.02% | 280,128,340 | TNA 241213P00051000 | 29,950,000 | 12/12/2024 | 0.25 | 1,198 | ULTY | |
TNA US 12/20/24 C55 | TNA 241220C00055000 | -1,150.00 | -156,975.00 | -0.06% | 280,128,340 | TNA 241220C00055000 | 29,950,000 | 12/12/2024 | 1.37 | 1,198 | ULTY | |
TNA US 12/20/24 P50 | TNA 241220P00050000 | 1,150.00 | 92,575.00 | 0.03% | 280,128,340 | TNA 241220P00050000 | 29,950,000 | 12/12/2024 | 0.81 | 1,198 | ULTY | |
ProShares UltraPro QQQ | 74347X831 | 205,000.00 | 18,304,450.00 | 6.54% | 280,128,340 | TQQQ | 29,950,000 | 12/12/2024 | 89.29 | 1,198 | ULTY | |
TQQQ US 12/20/24 C90 | TQQQ 241220C00090000 | -750.00 | -152,625.00 | -0.05% | 280,128,340 | TQQQ 241220C00090000 | 29,950,000 | 12/12/2024 | 2.04 | 1,198 | ULTY | |
PROSHARE CLL OPT 12/24 93 | TQQQ 241220C00093000 | -1,300.00 | -113,100.00 | -0.04% | 280,128,340 | TQQQ 241220C00093000 | 29,950,000 | 12/12/2024 | 0.87 | 1,198 | ULTY | |
PROSHARE PUT OPT 12/24 80 | TQQQ 241220P00080000 | -1,300.00 | -42,250.00 | -0.02% | 280,128,340 | TQQQ 241220P00080000 | 29,950,000 | 12/12/2024 | 0.33 | 1,198 | ULTY | |
TQQQ US 12/20/24 P82 | TQQQ 241220P00082000 | 750.00 | 36,000.00 | 0.01% | 280,128,340 | TQQQ 241220P00082000 | 29,950,000 | 12/12/2024 | 0.48 | 1,198 | ULTY | |
PROSHARE PUT OPT 12/24 85 | TQQQ 241220P00085000 | 1,300.00 | 118,950.00 | 0.04% | 280,128,340 | TQQQ 241220P00085000 | 29,950,000 | 12/12/2024 | 0.92 | 1,198 | ULTY | |
Tesla Inc | 88160R101 | 37,000.00 | 15,716,490.00 | 5.61% | 280,128,340 | TSLA | 29,950,000 | 12/12/2024 | 424.77 | 1,198 | ULTY | |
TESLA I CLL OPT 12/24 425 | TSLA 241220C00425000 | -370.00 | -629,000.00 | -0.22% | 280,128,340 | TSLA 241220C00425000 | 29,950,000 | 12/12/2024 | 17.00 | 1,198 | ULTY | |
TESLA I PUT OPT 12/24 400 | TSLA 241220P00400000 | 370.00 | 238,650.00 | 0.09% | 280,128,340 | TSLA 241220P00400000 | 29,950,000 | 12/12/2024 | 6.45 | 1,198 | ULTY | |
Upstart Holdings Inc | 91680M107 | 122,300.00 | 9,588,320.00 | 3.42% | 280,128,340 | UPST | 29,950,000 | 12/12/2024 | 78.40 | 1,198 | ULTY | |
UPST US 12/20/24 C79 | UPST 241220C00079000 | -1,223.00 | -489,200.00 | -0.17% | 280,128,340 | UPST 241220C00079000 | 29,950,000 | 12/12/2024 | 4.00 | 1,198 | ULTY | |
UPST US 12/20/24 P72 | UPST 241220P00072000 | 1,223.00 | 198,126.00 | 0.07% | 280,128,340 | UPST 241220P00072000 | 29,950,000 | 12/12/2024 | 1.62 | 1,198 | ULTY | |
Vertiv Holdings Co | 92537N108 | 69,000.00 | 8,682,960.00 | 3.10% | 280,128,340 | VRT | 29,950,000 | 12/12/2024 | 125.84 | 1,198 | ULTY | |
VERTIV H CLL OPT 12/24 130 | VRT 241220C00130000 | -690.00 | -174,225.00 | -0.06% | 280,128,340 | VRT 241220C00130000 | 29,950,000 | 12/12/2024 | 2.53 | 1,198 | ULTY | |
VERTIV H PUT OPT 12/24 120 | VRT 241220P00120000 | 690.00 | 115,575.00 | 0.04% | 280,128,340 | VRT 241220P00120000 | 29,950,000 | 12/12/2024 | 1.68 | 1,198 | ULTY | |
Vistra Corp | 92840M102 | 36,900.00 | 5,387,400.00 | 1.92% | 280,128,340 | VST | 29,950,000 | 12/12/2024 | 146.00 | 1,198 | ULTY | |
VISTRA C CLL OPT 12/24 152.500 | VST 241220C00152500 | -369.00 | -104,242.50 | -0.04% | 280,128,340 | VST 241220C00152500 | 29,950,000 | 12/12/2024 | 2.83 | 1,198 | ULTY | |
VISTRA C PUT OPT 12/24 139 | VST 241220P00139000 | 369.00 | 86,715.00 | 0.03% | 280,128,340 | VST 241220P00139000 | 29,950,000 | 12/12/2024 | 2.35 | 1,198 | ULTY | |
Cash & Other | Cash&Other | 16,170,487.15 | 16,170,487.15 | 5.77% | 301,368,880 | Cash&Other | 29,950,000 | 12/12/2024 | 1.00 | 1,198 | 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 monthly income, but there is no guarantee of distribution in any given month. Monthly 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.