YieldMax Universe Fund of Option Income ETFs (YMAX)
| Assets | $638.71M |
| Expense Ratio | 1.28% |
| PE Ratio | n/a |
| Shares Out | 36.93M |
| Dividend (ttm) | $7.25 |
| Dividend Yield | 41.34% |
| Ex-Dividend Date | Dec 19, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | n/a |
| Volume | 1,599,471 |
| Open | 17.10 |
| Previous Close | 17.29 |
| Day's Range | 17.05 - 17.63 |
| 52-Week Low | 15.69 |
| 52-Week High | 21.94 |
| Beta | n/a |
| Holdings | n/a |
| 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.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.139 | Dec 20, 2024 |
| Dec 12, 2024 | $0.1226 | Dec 13, 2024 |
| Dec 5, 2024 | $0.2377 | Dec 6, 2024 |
| Nov 29, 2024 | $0.3056 | Dec 2, 2024 |
| Nov 21, 2024 | $0.2441 | Nov 22, 2024 |
| Nov 14, 2024 | $0.1523 | Nov 15, 2024 |
News
YMAX: Very High-Yielding Fund Of Funds
YieldMax Universe Fund of Option Income ETFs offers high distribution yields, with a trailing cumulative yield of ~40.63%, and switched to weekly distributions in September 2024. The YMAX ETF primaril...
YieldMax™ ETFs Announces Distributions on MSTY ($3.0821), SMCY ($2.3546), AIYY ($0.8718), YMAX ($0.1390), YMAG ($0.0592) and Others
CHICAGO, MILWAUKEE and NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name ReferenceAsset Distri...
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...
YMAX: Unconventional Method To Wealth Building That Outperformed The S&P 500
YMAX offers a high distribution yield of around 66%, making it attractive for income investors despite its short performance history and potential NAV decay. The fund's strategy involves diverse holdi...
YieldMax™ ETFs Announces Distributions on PLTY (62.10%), DIPS (60.23%), NVDY (60.21%), YMAX (67.21%), YMAG (72.96%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Di...
YieldMax™ ETFs Announces Distributions on YBIT (115.71%), TSLY (103.42%), SNOY (101.96%), YMAX (87.35%), YMAG (54.24%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Nov. 27, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETFTicker 1 ETF Name ReferenceAsset Dist...
24 November Ideal 'Safer' MoPay Dividend Dogs From 87 Equities And 80 Funds
Imagine stocks and funds paying you dividends monthly! Your angst awaiting payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! These November U.S. exchanged mon...
YieldMax Launches BIGY ETF for Large-Cap Income
On Thursday, YieldMax ETFs unveiled the YieldMax Target 12 Big 50 Option Income ETF (BIGY). This fund is an actively managed ETF with a net expense ratio of 0.99%.
YMAX: Is This 43% Dividend Yield Sustainable?
YieldMax Universe Fund is a diversified fund-of-funds that invests in other YieldMax call-selling ETFs, but it suffers from principal decay and high fees. YMAX's construction leads to a double-fee str...
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...
YieldMax™ ETFs Announces Distributions on MRNY (73.00%), FBY (55.50%), DIPS (54.67%), YMAX (36.43%), YMAG (56.63%) and Others
CHICAGO, MILWAUKEE and NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.
Unveiling YMAX: Beyond The 69% Headline Yield
YMAX offers a high yield of 69% by investing in 24 YieldMax ETFs using covered call and credit spread strategies, but with high fees and capped upside. The fund's complex structure and synthetic posit...
YieldMax™ ETFs Announces Distributions on YBIT (65.28%), TSLY (60.58%), TSMY (54.47%), YMAX (66.23%), YMAG (41.16%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Di...
YieldMax™ ETFs Announces Distributions on MSTY (175.64%), AIYY (100.45%), SQY (70.37%), YMAX (67.11%), YMAG (14.96%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Di...
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...
Avoid YMAX: High Fees And Bad Strategy
YieldMax's YMAX ETF offers high yields but has risks due to its complex fee structure and capped upside from covered call strategies. The fund's high turnover from synthetic exposure and call credit s...
YieldMax™ ETFs Announces Distributions on BABO (69.59%), MRNY (61.51%), FBY (58.57%), YMAX (60.44%), YMAG (76.46%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.
A Look At My 10 ETF Holdings
My investment strategy focuses on generating income from dividends and distributions, supplemented by writing covered calls and cash-secured puts. More broadly, I hold a mix of high-yield and dividend...
YMAX: You're Better Off Just Buying Stocks
YieldMax ETFs, including YMAX, generate income from options strategies but cap upside gains and don't limit downside risks, making them risky for long-term income investors. YMAX's high distribution r...
YieldMax™ ETFs Announces Distributions on TSLY (100.47%), CRSH (100.33%), YBIT (83.20%), YMAX (61.45%), YMAG (44.47%) and Others
CHICAGO, MILWAUKEE and NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.
YieldMax™ ETFs Announces Distributions on Fund of Funds ETFs
CHICAGO and MILWAUKEE and NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions on the following YieldMax™ ETFs: ETFTicker 1 ETF Name Distributionper Share DistributionF...
YieldMax™ ETFs Announces Distributions on Fund of Funds and Ultra ETFs
CHICAGO, MILWAUKEE and NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions on the following YieldMax™ ETFs: ETF Ticker 1 ETF Name Distribution per Share Distribution F...
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.
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 retu...
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. Un...