YieldMax Ultra Option Income Strategy ETF (ULTY)
| Assets | $1.97B |
| Expense Ratio | 1.30% |
| PE Ratio | 42.66 |
| Shares Out | 428.08M |
| Dividend (ttm) | $5.66 |
| Dividend Yield | 134.01% |
| Ex-Dividend Date | Nov 12, 2025 |
| Payout Frequency | Weekly |
| Payout Ratio | 5,716.19% |
| Volume | 54,878,968 |
| Open | 4.360 |
| Previous Close | 4.380 |
| Day's Range | 4.200 - 4.370 |
| 52-Week Low | 4.200 |
| 52-Week High | 10.920 |
| Beta | n/a |
| Holdings | 107 |
| Inception Date | Feb 28, 2024 |
About ULTY
Fund Home PageThe YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.
Top 10 Holdings
72.19% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGXXX | 22.59% |
| Robinhood Markets, Inc. | HOOD | 6.99% |
| Coinbase Global, Inc. | COIN | 6.94% |
| Rocket Lab Corporation | RKLB | 6.72% |
| NuScale Power Corporation | SMR | 5.45% |
| Palantir Technologies Inc. | PLTR | 5.30% |
| CoreWeave, Inc. | CRWV | 4.91% |
| Symbotic Inc. | SYM | 4.56% |
| SoundHound AI, Inc. | SOUN | 4.38% |
| IREN Limited | IREN | 4.34% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 12, 2025 | $0.0626 | Nov 13, 2025 |
| Nov 5, 2025 | $0.0788 | Nov 6, 2025 |
| Oct 29, 2025 | $0.0848 | Oct 30, 2025 |
| Oct 22, 2025 | $0.0903 | Oct 23, 2025 |
| Oct 15, 2025 | $0.0908 | Oct 16, 2025 |
| Oct 9, 2025 | $0.0904 | Oct 10, 2025 |
Performance
ULTY had a total return of -0.07% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.48%.
News
ULTY: Don't Fall For This 100%+ Dividend Yield Trap
YieldMax Ultra Option Income Strategy ETF offers an extremely high yield but employs an aggressive covered call strategy on risky, hype-driven stocks. ULTY's net asset value and share price have decli...
ULTY: 90% Yield But The Volatility And NAV Erosion May Not Be Worth It
YieldMax has rapidly grown to $17 billion AUM, capitalizing on demand for leveraged and ultra-high yield ETFs. While single-stock ETFs like MSTY, NVDY, CONY, and TSLY dominate, the YieldMax Ultra Opti...
YieldMax® ETFs Announces Weekly Distributions on ULTY, LFGY, YMAX, YMAG, SLTY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 1 weekly pay ETFs listed in the table below. Group 1 Distribu...
Are covered call ETFs like JEPI, JEPQ, ULTY, and XYLD worth it?
Covered call ETFs like JEPI, JEPQ, ULTY, and XYLD have done well in the past few years, attracting billions of dollars in assets as investors embraced their high dividends. JEPI, the biggest covered ...
YieldMax® ETFs Announces Transition to Weekly Distributions Across Product Suite
NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced a significant enhancement to its distribution framework, moving all single stock option income ETFs to a weekly distribution ...
YieldMax® ETFs Announces Distributions on BABO, MARO, ULTY, MRNY, SLTY and Others
CHICAGO and MILWAUKEE and NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group B ETFs listed in the table below. ETF Ticker 1 E...
YieldMax® ETFs Announces Distributions on TSLY, ULTY, SLTY, TSMY, RBLY, and Others
CHICAGO, MILWAUKEE and NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below. ETF Ticker 1 ETF ...
ULTY And SLTY: The Gambler's Income ETF Has A Twin
The YieldMax Ultra Option Income Strategy ETF (ULTY) remains a high-risk, high-reward choice, best suited for speculative income investors seeking outsized yield at high costs. ULTY's recent strategy ...
Why I Like ULTY But Not Over 50% Yielding YMAX
The YieldMax Universe Fund of Option Income ETFs receives a Sell rating, while the YieldMax Ultra Option Income Strategy ETF is rated Buy. YMAX has outperformed ULTY since ULTY's inception, but its st...
YieldMax® ETFs Announces Distributions on WNTR, MSTY, ULTY, SLTY, SMCY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below.
ULTY: NAV Decay Remains A Big Challenge
The YieldMax Ultra Option Income Strategy ETF offers an ultra-high forward distribution yield of over 80%, targeting investors seeking immediate, recurring weekly income. ULTY generates income by hold...
ULTY: Eye-Popping 88%+ Distribution Yield From Volatile Holdings
The YieldMax Ultra Option Income Strategy ETF provides a monster distribution rate, but it has experienced share price/NAV erosion over time. For a short period, that erosion was reversed, but that wa...
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.
ULTY ETF: Capital Erosion Likely To Worsen In H2 2025
YieldMax Ultra Option Income Strategy ETF's latest dividend payouts signal income pressure and ongoing capital erosion concerns. The pressure is likely to persist in 2H 2025 due to below-average volat...
ULTY ETF is a 117% yielding fund, beating VOO: is it a buy?
The YieldMax Ultra Option Income Strategy ETF (ULTY) has done well this year and is hovering at the highest point on record. ULTY was trading at $5.62, up by over 54% from its lowest level in April th...
ULTY: Looks Compelling At This Price Range
YieldMax Ultra Option Income Strategy ETF offers attractive high-yield income through covered calls and puts, limiting downside risk for investors. ULTY's recent implementation of puts has stabilized ...
ULTY: Strategy Has Improved, But Let's Maintain Realistic Expectations
YieldMax Ultra Option Income Strategy ETF offers an exceptionally high yield (~86.5%) through weekly distributions, attracting income-focused investors. ULTY's strategy shift to holding underlying equ...
ULTY: How YieldMax Reduced NAV Erosion While Sustaining 80%+ Yields
YieldMax Ultra Option Income Strategy ETF has improved performance after a strategic shift, stabilizing NAV and maintaining an 87%+ yield. ULTY now employs diverse option strategies, including collars...
ULTY: 100%+ Yield That Has To Be Ignored
The YieldMax Ultra Option Income Strategy ETF offers extremely high yields through complex synthetic option strategies, but carries significant risk and high fees. ULTY's weekly payouts and synthetic ...
ULTY: The New Strategy Has Worked, But Conditions May Be Shifting
YieldMax Ultra Option Income Strategy ETF has delivered strong recent returns, outperforming QQQ but trailing ARKK since mid-March. ULTY employs a covered call and put-buying strategy on high-volatili...
Why We're Avoiding This 89% Dividend ETF
It's a trap I see investors fall into all the time: pouncing on yields that are so high as to be, frankly, absurd. Case in point: the 89% (not a typo!
YieldMax® ETFs Announces Distributions on ULTY, MARO, SLTY, BABO, DIPS and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group B ETFs listed in the table below.
YieldMax® ETFs Announces Distributions on SNOY, ULTY, GOOY, TSLY, LFGY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below.
YieldMax® ETFs Announces Distributions on SMCY, WNTR, ULTY, MSTY, LFGY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Aug. 27, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 E...
YieldMax® ETFs Announces Distributions on PLTY, ULTY, MARO, LFGY, MRNY and Others
CHICAGO and MILWAUKEE and NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group B ETFs listed in the table below. ETF Ticker 1 E...
Behind The Curtain Of ULTY: Why YieldMax's 'Ultra Income' May Be Capital Erosion In Disguise
ULTY's high yields are misleading, as distributions are primarily return of capital, leading to progressive capital erosion for investors. The fund's aggressive covered call strategy limits upside, of...
ULTY: Can't See That The Basic Strategy Works - Or Will
ULTY's headline yields are misleading, as much of the payout is return of capital, leading to capital depletion and negative total returns. The fund's strategy—buying stocks with high implied volatili...
ULTY: Downgrading To Hold As Structural Flaws Surface
I am downgrading ULTY to Hold due to its inferior long-term total returns and poor drawdown mitigation compared to alternatives like YMAX and DIY withdrawals from QQQ and SPY. YieldMax Ultra Option In...
ULTY: A Fund That Should Have Value For More Aggressive Investors
I rate the YieldMax Ultra Option Income Strategy ETF a buy for aggressive investors seeking high income and dynamic options strategies. ULTY has delivered strong recent returns and consistent weekly p...
ULTY: An ETF Most Long-Term Investors Should Probably Avoid
ULTY delivers an eye-catching 126% yield but does so by targeting highly volatile, speculative stocks for option income, increasing risk. This ETF suits short-term income seekers who fully understand ...
ULTY ETF: Why You Shouldn't Pursue Weekly Payouts
ULTY ETF's triple-digit yield and weekly payouts seem like a dream combination for income investors. But total return, instead of current yield, is what investors should ultimately focus on. I see sev...
YieldMax® ETFs Announces Distributions on ULTY, TSMY, YBIT, LFGY, YMAX, and Others
CHICAGO and MILWAUKEE and NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below. ETF Ticker 1 E...
YieldMax® ETFs Announces Distributions on SMCY, ULTY, XYZY, MSTY, WNTR, and Others
CHICAGO and MILWAUKEE and NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 E...
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.
YieldMax® ETFs Announces Distributions on ULTY, TSLY, LFGY, CRSH, YMAX, and Others
CHICAGO and MILWAUKEE and NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below. ETF Ticker 1 E...
ULTY: Different Strategy From YieldMax With Weekly Distributions But A Lot Of What-Ifs
YieldMax Ultra Option Income Strategy ETF offers a unique, diversified, actively managed option-income strategy with weekly distributions, making it attractive for income-focused investors seeking fre...
ULTY: You're Getting Paid, Sure, But You're Still Losing
ULTY's synthetic covered call strategy offers high weekly yields, but relies on volatile stocks and complex derivatives, making it riskier than it appears. Most of ULTY's distributions are Return of C...
ULTY: The Gambler's Income ETF
ULTY offers extremely high yield via aggressive, actively managed covered call strategies, but carries significant risk and volatility due to its focus on high-beta stocks. While recent total returns ...
YieldMax® ETFs Announces Distributions on SMCY, ULTY, MSTY, WNTR, LFGY, and Others
CHICAGO and MILWAUKEE and NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 E...
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.
YieldMax® ETFs Announces Distributions on MRNY, ULTY, MARO, GDXY, LFGY, and Others
CHICAGO, MILWAUKEE and NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group B ETFs listed in the table below. ETF Ticker 1 ETF ...
YieldMax® ETFs Announces Distributions on SNOY, ULTY, TSMY, CRSH, YMAX and Others
CHICAGO and MILWAUKEE and NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below. ETF Ticker 1 E...
Compound Your Wealth With The Dividend Wheel Strategy
I use high-yield option ETFs to generate frequent, substantial income, which I manually reinvest into undervalued growth stocks for compounding returns. My Dividend Wheel strategy allows for flexible ...
ULTY: This Weekly Paying Option ETF Is For Risk Takers
ULTY offers massive weekly distributions, but its price has declined sharply, making it suitable only for investors who can tolerate significant risk and volatility. The fund's synthetic option strate...
ULTY: Don't Be Fooled By Short-Term Momentum
YieldMax Ultra Option Income Strategy ETF offers high income via option premiums but suffers from capital erosion and high fees, making it risky for long-term investors. Recent gains were driven by a ...
ULTY: Huge Risks For A Paltry Reward
ULTY employs complex options strategies on highly volatile and leveraged assets, aiming for high yields but exposing investors to significant risk. Despite its advertised 145% yield, actual income is ...
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...
ULTY: Riding Innovation At Reduced Risk
ULTY offers an option-writing strategy on a unique, diversified basket of high-growth, high-volatility stocks, balancing income generation with risk mitigation. While the Fund underperforms broad and ...
YieldMax™ ETFs Announces Distributions on PLTY, NVDY, MARO, YMAG, ULTY, and Others
CHICAGO, MILWAUKEE and NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group B ETFs listed in the table below.