YieldMax Universe Fund of Option Income ETFs (YMAX)
| Assets | $974.06M |
| Expense Ratio | 1.28% |
| PE Ratio | n/a |
| Shares Out | 79.33M |
| Dividend (ttm) | $8.36 |
| Dividend Yield | 67.48% |
| Ex-Dividend Date | Oct 22, 2025 |
| Payout Frequency | Weekly |
| Payout Ratio | n/a |
| Volume | 1,778,003 |
| Open | 12.38 |
| Previous Close | 12.27 |
| Day's Range | 12.36 - 12.45 |
| 52-Week Low | 11.21 |
| 52-Week High | 18.82 |
| Beta | n/a |
| Holdings | 40 |
| 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
27.64% of assets| Name | Symbol | Weight |
|---|---|---|
| YieldMax CVNA Option Income Strategy ETF | CVNY | 2.79% |
| YieldMax AMZN Option Income Strategy ETF | AMZY | 2.79% |
| YieldMax SNOW Option Income Strategy ETF | SNOY | 2.79% |
| YieldMax XOM Option Income Strategy ETF | XOMO | 2.79% |
| YieldMax DIS Option Income Strategy ETF | DISO | 2.76% |
| YieldMax XYZ Option Income Strategy ETF | XYZY | 2.76% |
| YieldMax MSFT Option Income Strategy ETF | MSFO | 2.75% |
| YieldMax PYPL Option Income Strategy ETF | PYPY | 2.74% |
| YieldMax DKNG Option Income Strategy ETF | DRAY | 2.74% |
| YieldMax TSLA Option Income Strategy ETF | TSLY | 2.73% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 22, 2025 | $0.1573 | Oct 23, 2025 |
| Oct 15, 2025 | $0.1743 | Oct 16, 2025 |
| Oct 9, 2025 | $0.147 | Oct 10, 2025 |
| Oct 2, 2025 | $0.1399 | Oct 3, 2025 |
| Sep 25, 2025 | $0.0821 | Sep 26, 2025 |
| Sep 18, 2025 | $0.1289 | Sep 19, 2025 |
Performance
YMAX had a total return of 28.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 25.23%.
News
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...
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 ...
YMAX: What's Behind The Record-Low Distribution
YieldMax Universe Fund of Option Income ETFs announced its lowest-ever weekly distribution, reflecting a shift in strategy and ongoing NAV erosion. YMAX's new approach aims to slow NAV decline by part...
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...
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...
YieldMax™ ETFs Announces Distributions on BABO (115.03%), PLTY (111.13%), NVDY (105.43%), YMAX (45.55%), YMAG (53.55%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Feb. 26, 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...
YMAX: Bundling Ultra Strategies Has Worked Surprisingly Well
YMAX, a fund-of-funds holding various YieldMax ETFs, offers high income with a distribution rate up to 47.25%, outperforming the S&P 500 since my initial recommendation. The underlying funds' strategi...
YieldMax™ ETFs Announces Distributions on CRSH (75.93%), TSLY (62.77%), YBIT (60.33%), YMAX (56.92%), YMAG (39.10%) and Others
CHICAGO and MILWAUKEE and NEW YORK, Feb. 19, 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 (101.33%), MSTY (100.07%), AIYY (64.15%), YMAX (47.62%), SQY (45.38%) and Others
CHICAGO, MILWAUKEE and NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 ETF ...
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 Am Not A Big Fan Of YMAX ETF
YMAX grabs headlines with its massive distribution yields, but investors should be aware of a few important shortcomings. Among them are equal weighting and high costs that are hindering YMAX's perfor...
YieldMax™ ETFs Announces Distributions on PLTY ($2.9826), MARO ($2.1002), NVDY ($0.8294), YMAX ($0.1469), YMAG ($0.1898) and Others
CHICAGO and MILWAUKEE and NEW YORK, Jan. 29, 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 FEAT ($2.1944), FIVY ($1.6771), YBIT ($0.7893), YMAX ($0.1720), YMAG ($0.1002) and Others
CHICAGO, MILWAUKEE and NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Distr...
YMAX: High Risk With Underperformance
YieldMax offers ETFs focused on high income by using advanced options strategies to simulate holding volatile stocks and selling calls on them. YieldMax's ETFs target highly volatile stocks, maximizin...
YieldMax™ ETFs Announces Distributions on MSTY ($2.2792), SMCY ($1.7215), SQY ($0.6338), YMAX ($0.1118), YMAG ($0.0500) and Others
CHICAGO, MILWAUKEE and NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Distr...
YMAX: A Gigantic Yield That Comes With A Price
Tidal Trust II - YieldMax Universe Fund of Option Income ETFs (YMAX) offers a high dividend yield of 43%, but its aggressive option strategy risks capital erosion. YMAX invests primarily in other Yiel...
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...
YieldMax™ ETFs Announces Distributions on PLTY ($3.5887), MARO ($2.4950), NVDY ($0.8983), YMAX ($0.1807), YMAG ($0.3102) and Others
CHICAGO and MILWAUKEE and NEW YORK, Jan. 02, 2025 (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 TSLY ($1.2860), TSMY ($0.8065), YBIT ($0.7088), YMAX ($0.2448), YMAG ($0.1742) and Others
CHICAGO and MILWAUKEE and NEW YORK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.
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...