YieldMax is well-known for offering various ETFs that use covered calls to produce tremendous yields for their investors.
Key Points in This Article: YieldMax Universe Fund of Option Income ETFsâ (YMAX) 60.77% yield, driven by covered call strategies on volatile tech stocks, attracts income seekers in today's turbulent market.
YMAX offers attractive weekly income and diversification as a fund of funds, reducing single-stock and sector risk. Many investors aim to recover their initial investment back in distributions, thereby de-risking. This may take longer than assumed.
![]() YMAX 6 days ago | Other | $0.16 Per Share |
![]() YMAX 1 weeks ago Paid | Other | $0.15 Per Share |
![]() YMAX 2 weeks ago Paid | Other | $0.14 Per Share |
![]() YMAX 3 weeks ago Paid | Other | $0.18 Per Share |
![]() YMAX 1 month ago Paid | Other | $0.17 Per Share |
![]() YMAX 6 days ago | Other | $0.16 Per Share |
![]() YMAX 1 weeks ago Paid | Other | $0.15 Per Share |
![]() YMAX 2 weeks ago Paid | Other | $0.14 Per Share |
![]() YMAX 3 weeks ago Paid | Other | $0.18 Per Share |
![]() YMAX 1 month ago Paid | Other | $0.17 Per Share |
Asset Management - Income Industry | Financial Services Sector | - CEO | ARCA Exchange | 88636J659 Cusip |
US Country | - Employees | 3 Jul 2025 Last Dividend | - Last Split | - IPO Date |
The fund operates as a âfund of funds,â which is a distinctive investment strategy primarily focused on investing in a collection of other Exchange-Traded Funds (ETFs) rather than directly in the stocks of individual corporations. This approach allows the fund to leverage the performance and strategies of various underlying funds, providing investors with a diversified investment option. Occasionally, the fund may also directly invest in the securities and financial instruments that one or more of the Underlying YieldMax⢠ETFs are invested in, though it typically remains focused on ETF investments. Importantly, the fund is classified as non-diversified, implying that it may commit a larger portion of its assets into single or a limited number of investments, potentially increasing the risk and return profile compared to more diversified alternatives.
The primary service offered by the fund is the management of portfolios comprised of a diverse range of ETFs. By investing in multiple ETFs, the fund aims to provide investors with a balanced and diversified portfolio, mitigating the risks associated with investing in individual securities.
In addition to its ETF-focused investment strategy, the fund occasionally makes direct investments in securities and financial instruments. These investments are typically made in assets in which the Underlying YieldMax⢠ETFs invest, allowing the fund to potentially enhance its returns by directly engaging in opportunities identified through its ETF investments.