YieldMax Universe Fund of Option Income ETFs
YMAX

$17.50

0.06%

Market Cap: $253M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

700% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 1

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

42% more funds holding

Funds holding: 12 [Q1] → 17 (+5) [Q2]

18% more capital invested

Capital invested by funds: $8.77M [Q1] → $10.3M (+$1.55M) [Q2]

6.49% less ownership

Funds ownership: 10.71% [Q1] → 4.21% (-6.49%) [Q2]

86% less call options, than puts

Call options by funds: $82K | Put options by funds: $599K

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Research analyst outlook

We haven’t received any recent analyst ratings for YMAX.

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Financial journalist opinion

Based on 3 articles about YMAX published over the past 30 days

YieldMax™ ETFs Announces Changes to its Distribution Schedules

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: Weakness Of Strategy On Full Display

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

YMAX: Diversification Makes This Strategy Attractive

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

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

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

YMAX: One Of The Best Covered-Call Funds

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

YMAX: Call Option 'Diworsification' With Compounded Management Fees

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™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

CHICAGO, MILWAUKEE and NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions on the following YieldMax™ ETFs: ETF Ticker 1 ETF Name Distribution per Share Distribution Rate 2 30-Day SEC Yield 3 Ex-Date & Record Date Payment Date YMAX YieldMax™ Universe Fund of Option Income ETFs $ 0.6516 38.78 % 62.89 % 7/17/2024 7/18/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $ 0.6365 35.78 % 46.89 % 7/17/2024 7/18/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF $ 0.9948 83.72 % 0.00 % 7/17/2024 7/18/2024 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

YMAX: 44% Distribution Rate From Popular Large Caps

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 ETF: Striking A Balance Between High Yields And Risk Management

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

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

CHICAGO and MILWAUKEE and NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions on the following YieldMax™ ETFs: ETFTicker 1 ETF Name Distributionper Share Distribution Rate 2 30-Day SEC Yield 3 Ex-Date & Record Date* PaymentDate YMAX YieldMax™ Universe Fund of Option Income ETFs $0.7300 42.62% 58.84% 6/14/2024 6/17/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.6773 38.65% 48.06% 6/14/2024 6/17/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF $1.1337 90.36% 0.00% 6/14/2024 6/17/2024 * Starting on May 28, 2024, the settlement cycle for ETF trades changed from “T+2” to “T+1”. This change makes the Ex-Date fall on the same day as the Record Date.

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

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