YieldMax Universe Fund of Option Income ETFs (YMAX)
| Assets | $1.06B |
| Expense Ratio | 1.28% |
| PE Ratio | n/a |
| Shares Out | 83.83M |
| Dividend (ttm) | $8.79 |
| Dividend Yield | 68.97% |
| Ex-Dividend Date | Sep 11, 2025 |
| Payout Frequency | Weekly |
| Payout Ratio | n/a |
| Volume | 1,320,379 |
| Open | 12.70 |
| Previous Close | 12.67 |
| Day's Range | 12.70 - 12.77 |
| 52-Week Low | 11.21 |
| 52-Week High | 18.82 |
| Beta | n/a |
| Holdings | 33 |
| Inception Date | Jan 16, 2024 |
About YMAX
Fund Home PageThe YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.
Top 10 Holdings
34.00% of assets| Name | Symbol | Weight |
|---|---|---|
| YieldMax BABA Option Income Strategy ETF | BABO | 3.66% |
| YieldMax Gold Miners Option Income Strategy ETF | GDXY | 3.66% |
| YieldMax GOOGL Option Income Strategy ETF | GOOY | 3.52% |
| YieldMax SNOW Option Income Strategy ETF | SNOY | 3.37% |
| YieldMax JPM Option Income Strategy ETF | JPMO | 3.33% |
| YieldMax AAPL Option Income Strategy ETF | APLY | 3.32% |
| YieldMax BRK.B Option Income Strategy ETF | BRKC | 3.30% |
| YieldMax XOM Option Income Strategy ETF | XOMO | 3.28% |
| YieldMax DIS Option Income Strategy ETF | DISO | 3.28% |
| YieldMax META Option Income Strategy ETF | FBY | 3.28% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 11, 2025 | $0.1321 | Sep 12, 2025 |
| Sep 4, 2025 | $0.1094 | Sep 5, 2025 |
| Aug 28, 2025 | $0.1372 | Aug 29, 2025 |
| Aug 21, 2025 | $0.1622 | Aug 22, 2025 |
| Aug 14, 2025 | $0.1102 | Aug 15, 2025 |
| Aug 7, 2025 | $0.1453 | Aug 8, 2025 |
Performance
YMAX had a total return of 30.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.34%.
News
Retirees: 2 Covered Call ETFs For Income And Peace Of Mind
Covered call ETFs like GPIQ and GPIX offer retirees attractive income streams, especially when held in tax-advantaged accounts such as Roth IRAs. GPIQ provides Nasdaq-100 exposure with active manageme...
Does Dividend Reinvesting Turn 38%-Yielding YMAX Into A Market-Beater?
YMAX offers a high yield via broad exposure to single-stock covered call ETFs, but suffers from high fees, concentration, and inflexible call selling strategies. Even with reinvested distributions, YM...
YMAX: Recent Key Changes Compel Me To Upgrade
I am upgrading YMAX to a strong buy due to improved management strategies that better preserve net asset value while maintaining high income payouts. YMAX's active options strategies and weekly distri...
YMAX: An Alternative Way To Manage NAV Risk
YMAX offers extremely high yields (40-70%), and introduces the risk of NAV and distribution erosion. The problem isn't just ROC, but the synthetic long with 0DTE covered calls, which makes returns asy...
YMAX's 66% Yield: The Dark Side Of Its Weekly Payouts
YMAX offers high weekly yields and diversification. However, it suffers from several major structural flaws. We detail what these are and share a better way to invest for high income.
YMAX: Patience Will Be Rewarded With Tax-Efficient Income
YieldMax Universe Fund of Option Income ETFs is a fund of funds of synthetic option ETFs. The diversified approach eliminates single-stock risk. The ETF offers weekly distributions with a current esti...
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...
YMAX: A Rare Option Income Fund That Behaves Like Growth
I am upgrading YMAX to Buy after new data shows it outperforms both QQQ and SPY through volatile market cycles while providing strong income. YMAX's unique equal-weighted, growth-tilted, and highly di...
YMAX: This Fund-Of-Funds Could See Sustained Upside
YieldMax Universe Fund of Option Income ETFs has stabilized after severe NAV erosion, now showing an uptrend with technical strength and price above key moving averages. The fund's high yield (around ...
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...
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.
Get Paid Weekly From A Variety Of Options Income ETFs
Weekly income ETFs are booming, with new funds leveraging 0DTE options strategies to generate high-yield, frequent distributions for passive income seekers. Roundhill, YieldMax, Rex Shares, and Granit...
YMAX: You May Not Get Your Money Back
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, thereb...
YMAX: A 70% Yield That's Mostly Illusion - Here's Why I'd Sell
YieldMax Universe Fund of Option Income ETFs' high yield is mostly a return of your own capital, not true income, which erodes your investment over time. The fund's structure limits upside in strong m...
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...
Here's How I Collect Dividends Every Week
I use weekly paying option ETFs as a supplemental income stream, pairing them with core S&P 500 and Nasdaq ETF holdings for a hybrid approach. These synthetic option ETFs offer high yields and tax-eff...
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...
YMAX: Weekly Dividend Income Yielding Over 50% Annually Comes At A Cost
YMAX offers exceptionally high yields, but these are largely offset by significant share price declines and NAV erosion due to its synthetic options strategy. The fund's distributions are mostly retur...
YMAX: An Efficient Weekly Income Machine
YieldMax Universe Fund of Option Income ETFs offers a high-yielding option with weekly payouts, attracting income-seeking investors despite market volatility. YMAX's distribution rate exceeds 65%, tho...
YMAX Doesn't Deliver Durable Income
YMAX offers diversified volatility exposure and aims for stable returns through equal-weighted investments in YieldMax income plans. The fund has shown a 34% annualized return in payouts, but lags beh...
YMAX: I'll Take One Of Everything
YieldMax Universe Fund offers high income through a fund-of-funds approach, bundling various YieldMax ETFs to mitigate idiosyncratic risks. YMAX's 97% 30-day SEC yield is attractive, but the fund suff...
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 ...
YMAX: Diversification Risk Hurts Income Prospect
YieldMax Universe Fund offers a high yield of 57%, but its diversified options-income strategy leads to NAV decline. YMAX's holdings employ synthetic covered calls, causing NAV erosion if underlying s...
YMAX: Paying Extra Management Fees For No Good Reason
YieldMax™ Universe Fund lacks a coherent investment theme and holds a mix of tech, crypto, and unrelated sectors, making it inefficient and erratic. YMAX charges a 0.29% management fee on top of acqui...
YieldMax™ ETFs Announces Distributions on FIAT (101.61%), ULTY (82.09%), CONY (79.47%), YMAX (85.55%), YMAG (48.55%) and Others
CHICAGO, MILWAUKEE and NEW YORK, March 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...