TSLYYieldMax TSLA Option Income Strategy ETF

Issuer： YieldMax TSLA Option Income Strategy ETF · Type： ETF
Positioning： High Income
Coverage / Underlying
Tesla, Inc. (TSLA) share-price exposure via options on TSLA plus a collateral portfolio of short-term U.S. Treasuries and cash equivalents
Listed at: 2022-11-22
Expense ratio: 1.04%
Strategy brief
Actively managed synthetic covered-call ETF that seeks current income by selling call options or call spreads on TSLA while holding U.S. Treasuries and cash as collateral, providing high distributions with capped participation in TSLA’s price returns 
Dividend TTM (last 12M)
93.77% / annualized

Uses recent cash distributions relative to price; focuses on cash-flow strength.

Dividend strengthHigh
Capital growth (price / total return)
-43.27% / annualized

Summarises the asset’s long-term price trend; higher values look more growth-like.

Growth strengthLow
Erosion (using principal?)

Checks whether total return can support the payout, to flag if distributions may be coming from principal.

Erosion riskYes
Stability (volatility experience)

Blends beta, volatility and drawdowns to show how stable or shaky the experience is.

StabilityLow
Based on latest month: 2026-02
Data sufficiency
Latest window: sufficientSome months: insufficient

Historical signals Last 3 years · Monthly

Distribution of signals (income, growth, erosion, stability) in the last 3 years. For month-by-month detail, open the table dialog below.

Metrics history Last 3 years · Monthly

Shows how a metric evolved over the last 3 years. Switch metrics below. For month-by-month detail, open the table dialog on the bottom-right.