YieldMax COIN Option Income Strategy ETF (CONY)
| Assets | $1.28B |
| Expense Ratio | 1.22% |
| PE Ratio | n/a |
| Shares Out | 199.85M |
| Dividend (ttm) | $10.23 |
| Dividend Yield | 155.97% |
| Ex-Dividend Date | Oct 23, 2025 |
| Payout Frequency | Weekly |
| Payout Ratio | n/a |
| Volume | 30,253,347 |
| Open | 6.28 |
| Previous Close | 6.09 |
| Day's Range | 6.26 - 6.60 |
| 52-Week Low | 5.95 |
| 52-Week High | 20.23 |
| Beta | 2.94 |
| Holdings | 28 |
| Inception Date | Aug 14, 2023 |
About CONY
Fund Home PageThe YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc. stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.
Top 10 Holdings
128.64% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 07.09.26 | 34.94% |
| United States Treasury Bills 0% | B.0 02.19.26 | 25.27% |
| United States Treasury Bills 0% | B.0 11.06.25 | 22.94% |
| United States Treasury Bills 0% | B.0 08.06.26 | 16.25% |
| COIN US 11/21/25 C300 | n/a | 11.00% |
| COIN US 12/19/25 C390 | n/a | 9.79% |
| United States Treasury Bill | n/a | 7.36% |
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 0.57% |
| COIN US 10/24/25 C372.5 | n/a | 0.29% |
| COIN US 10/24/25 C362.5 | n/a | 0.24% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 23, 2025 | $0.0932 | Oct 24, 2025 |
| Oct 16, 2025 | $0.3462 | Oct 17, 2025 |
| Sep 18, 2025 | $0.4522 | Sep 19, 2025 |
| Aug 21, 2025 | $0.3438 | Aug 22, 2025 |
| Jul 24, 2025 | $0.7951 | Jul 25, 2025 |
| Jun 26, 2025 | $0.5354 | Jun 27, 2025 |
Performance
CONY had a total return of 30.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 48.20%.
News
YieldMax® ETFs Announces Weekly Distributions for Group 2 ETFs
CHICAGO and MILWAUKEE and NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 2 weekly pay ETFs. Group 2 Distribution Announcement Ex.
CONY: Why I'm Cautious After One Year (Rating Downgrade)
YieldMax Coin Option Income Strategy ETF has delivered strong income, posting a 27% total return over the past year despite a 50% capital decline. CONY generates high yields by writing call options on...
CONY: Poorly Managed, Not Worth The Fees - Sell
The YieldMax COIN Option Income Strategy ETF aims to provide high income by selling call options on Coinbase stock. COIN is expanding into financial services and stablecoins, which could drive long-te...
YieldMax® ETFs Announces Distributions on ULTY, CONY, FIAT, HOOY, LFGY and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 17, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group C ETFs listed in the table below.
CONY: I Expect Muted Volatility For Cryptocurrency Ahead
CONY ETF delivered impressive total returns in the past, largely driven by high option premiums during periods of extreme COIN volatility. COIN stock volatility has recently declined and is likely to ...
CONY: Say No To Temptation
CONY's headline 140% yield is highly tempting, but it's largely driven by destructive return of capital that erodes NAV and share price. Falling NAV and declining distributions mean investors, especia...
YieldMax® ETFs Announces Distributions on HOOY, CONY, ULTY, AMDY, YMAG, and Others
CHICAGO and MILWAUKEE and NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group C ETFs listed in the table below.
CONY: High Yield Has Offset Price Declines But More Downside Possible
I maintain a hold rating on CONY due to Coinbase and Bitcoin trading near all-time highs, increasing risk of a pullback. CONY offers massive distributions (currently ~73% yield), but suffers from sign...
YieldMax® ETFs Announces Distributions on ULTY, CONY, AMDY, LFGY, YMAX, and Others
CHICAGO and MILWAUKEE and NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group C ETFs listed in the table below.
CONY: Earn Steady Monthly Income With This High Yielder
CONY offers a high yield via monthly distributions, but its price has declined, leading to underperformance versus holding COIN directly. The ETF's distributions are classified as return of capital, o...
CONY: Sky-High Payouts But Near-Term Uncertainty Rising
CONY's high yield is driven by a covered-call strategy on Coinbase, but the share price has declined over 60% since inception. Current market conditions—low implied volatility and unfavorable Bitcoin ...
YieldMax™ ETFs Announces Distributions on CVNY, CONY, YMAG, YMAX, ULTY, and Others
CHICAGO, MILWAUKEE and NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below. ETF Ticker 1 ETF N...
CONY: Re-Evaluate Your Risk Tolerance
The YieldMax COIN Option Income ETF earned a hold rating from me in the past, given its consistent underperformance of its reference asset, and its older strategy. Since changing its options strategy,...
CONY: A Smoother Ride On COIN, Not A True Income Strategy
YieldMax's Income ETFs have a capped upside gain, posing a risk of underperformance in volatile markets, but some plans are better placed. COIN's volatility is comparable to MSTR, raising red flags fo...
YieldMax™ ETFs Announces Distributions on FIAT (127.21%), CVNY (100.49%), ULTY (77.62%), CONY (73.33%), YMAX (68.44%) and Others
CHICAGO and MILWAUKEE and NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below. ETF Ticker 1 ...
CONY: Covered Call ETFs Don't Avoid Big Losses, Only Small Ones (Downgrade)
YieldMax COIN Option Income Strategy ETF and Coinbase stock have both experienced significant declines, reflecting the inherent cyclicality of the crypto market. Coinbase's revenue is heavily influenc...
CONY: Yield Is High But Risk Is Higher
YieldMax COIN Option Income Strategy ETF offers high dividends but is risky with an annual expected return of -16% and a potential 70% YoY value loss. CONY uses a synthetic covered call strategy, gene...
CONY: Recent Performance Highlights Flaws In The Fund's Construction
Fund managers aim for approximately 80% price upside, maintaining a net short position of around 20% at any time. This strategy balances potential gains with risk management, providing a hedge against...
CONY: High Yield, But Proceed With Caution
The YieldMax COIN Option Income Strategy ETF offers a 91.17% distribution rate, driven by Coinbase's volatility, but this doesn't guarantee profitability. Despite the high yield, I think Coinbase is a...
High Yields Will Never Be The Same - Here's Why
High-yield investments like BDCs, MLPs, CEFs, and REITs offer substantial dividend yields, often overlooked by retail investors due to a lack of awareness. Option ETFs generate high income by writing ...
CONY: Riskier Income Play On A Decent Stock
YieldMax COIN Option Income Strategy ETF uses a synthetic covered call strategy to produce its income yield of around 150%. Comparing total returns since CONY's inception highlights the advantage of s...
CONY: Cautious Of A Shift In The Crypto Cycle (Rating Downgrade)
YieldMax COIN Option Income Strategy ETF offers a massive 111% dividend yield, but suffers from significant capital deterioration and limited upside potential. CONY's synthetic option strategy generat...
Coinbase stock forecast: are COIN and CONY buys into earnings
Coinbase stock price will be in the spotlight next week as the blue-chip crypto exchange publishes its fourth quarter earnings that will cap its best year on record. COIN has remained in a tight range...
YieldMax™ ETFs Announces Distributions on NFLY ($1.0705), CONY ($1.0468), PYPY ($0.6665), YMAX ($0.1944), YMAG ($0.1862) and Others
CHICAGO, MILWAUKEE and NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below. ETF Ticker 1 ETF ...
Why I'm Passing On The YieldMax COIN Option Income Strategy ETF And Its 81.57% Distribution Yield
The YieldMax COIN Option Income Strategy ETF offers an 81.57% distribution yield by executing a covered call strategy on Coinbase. Despite attracting $1.12 billion in assets, CONY underperforms COIN s...
CONY: Holdings Breakdown Reveals Key Factors For Underperformance Through 2025
Breakdown Analysis reveals that CONY Fund Holdings is evenly distributed between bear, neutral, and bull options strategies, which is not ideal for investors with strong biases. In terms of dollars in...
Best high-yielding covered call ETFs for a dividend-rich retirement
Covered call ETFs have become highly popular in the United States because of their high dividends and regular payments. The JPMorgan Equity Premium Income ETF (JEPI) has accumulated over $37 billion i...
YieldMax™ ETFs Announces Distributions on CONY ($0.8339), FIAT ($0.6530), NFLY ($0.5830), YMAX ($0.1395), YMAG ($0.1578) and Others
CHICAGO and MILWAUKEE and NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Di...
One Year Later, I Was Wrong About CONY And Its Yield (Rating Upgrade)
A year ago, I predicted YieldMax COIN Option Income Strategy ETF would underperform, and while its price dropped, it achieved an 86% total return. Despite a price decline from $25 to $15 per share, CO...
YieldMax™ ETFs Announces Distributions on CONY (105.60%), FIAT (101.57%), ULTY (92.32%), YMAX (34.96%), YMAG (43.89%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Di...
Coinbase stock vs CONY ETF: Better buy as Bitcoin hits $100k?
Coinbase stock and the YieldMax COIN Option Income Strategy (CONY) ETF will be in the spotlight after Bitcoin surged above the key resistance level at $100,000. CONY was trading at $18 on Wednesday, d...
CONY: 5 Critical Lessons All Dividend Investors Must Learn From Mega Yielding ETF
Be cautious of speculative new ETFs, which can be highly risky and charge high fees. Leveraged ETFs like MSTU offer short-term gains but can lead to significant losses due to daily leverage resets and...
CONY: Still Not Suitable For Income Investors
CONY has surged 51% since August, but its long-term performance lags COIN, making it less appealing for income investors and traders. Despite initial bearish calls, CONY's gains are driven by Bitcoin'...
YieldMax™ ETFs Announces Distributions on CONY (135.69%), ULTY (101.39%), FIAT (100.77%), YMAX (43.77%), YMAG (55.08%) and Others
CHICAGO, MILWAUKEE and NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Distr...
Stock Picks From Seeking Alpha's October 2024 New Analysts
In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, ...
CONY Vs. COIN: Chasing High Yield Or Direct Exposure? A Look At Investment Options
YieldMax COIN Option Income Strategy ETF (CONY) uses options on Coinbase (COIN) to generate income, offering high distribution rates near 100%. CONY's strategies include synthetic covered calls and cr...
YieldMax™ ETFs Announces Distributions on FIAT (105.76%), CONY (101.35%), ULTY (100.99%), YMAX (51.97%), YMAG (62.33%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Di...
CONY: Tempting Yields, But Buyer Beware
The YieldMax COIN Option Income Strategy ETF offers a high dividend yield around 100%, appealing to income-seeking investors with exposure to Coinbase. CONY's covered call strategy provides monthly in...
CONY: Don't Buy This Yield Trap
High-income option selling ETFs like CONY often erode principal value, which makes them a poor long-term investment despite high dividend yields. This fund's structure, involving U.S. treasuries and a...
CONY: This High-Yield One-Trick Pony Just Needs To Finish The Race
I recommend buying COIN for growth and CONY for income, as CONY generates high-yield income from writing covered calls on COIN stock. Despite COIN's price volatility, CONY's monthly high-yield distrib...
YieldMax™ ETFs Announces Monthly Distributions on PYPY (101.91%), MSTY (100.04%), FIAT (100.02%), CONY (91.83%), SQY (81.95%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions for the YieldMax™ ETFs listed in the table below.
CONY: A Derivative Of Derivatives
The YieldMax COIN Option Income Strategy ETF (CONY) aims to generate income through options premiums but doesn't hold COIN stock, leading to capped gains. CONY's performance has been poor, underperfor...
YieldMax™ ETFs Announces Monthly Distributions on MSTY (95.14%), TSLY (83.44%), CONY (75.83%), NVDY (64.52%), CRSH (61.10%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions for the YieldMax™ ETFs listed in the table below.
Bond ETFs attract record flows in July as investors position for Fed rate cuts
Hello! Bonds seemed more appealing to ETF investors than ever before in July, based on flow data from State Street. This week's ETF Wrap looks at what's driving investors' appetite for fixed income la...
CONY: High Income Play On Bitcoin Speculation
YieldMax COIN Option Income Strategy ETF provides a massive 96.5% yield. CONY utilizes synthetic call options to generate income from exposure to Coinbase. The dividend wheel strategy can be used to r...
CONY Offers An Alternative Income Strategy For Investments In COIN
YieldMax COIN Option Income strategy ETF actively manages a derivative book of Coinbase to provide monthly income for shareholders. The ETF sells call options and purchases put options on COIN, creati...