ULTYYieldMax Ultra Option Income Strategy ETF

Issuer： YieldMax Ultra Option Income Strategy ETF · Type： ETF
Positioning： High Income
Coverage / Underlying
Basket of 15–30 high-volatility U.S.-listed equities selected primarily by implied volatility
Listed at: 2024-02-28
Expense ratio: 1.30%
Strategy brief
Actively managed multi-stock options-income ETF that runs covered call and related option-writing strategies across a diversified portfolio of volatile U.S. equities to seek very high current income with capped upside participation 
Dividend TTM (last 12M)
131.52% / annualized

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

Dividend strengthHigh
Capital growth (price / total return)
-57.50% / 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: insufficientSome 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.