YieldMax Universe Fund of Option Income ETFs (YMAX)
| Assets | $391.42M |
| Expense Ratio | 1.28% |
| PE Ratio | n/a |
| Shares Out | 21.90M |
| Dividend (ttm) | $6.20 |
| Dividend Yield | 34.08% |
| Ex-Dividend Date | Nov 14, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | n/a |
| Volume | 1,262,267 |
| Open | 18.39 |
| Previous Close | 18.22 |
| Day's Range | 18.03 - 18.39 |
| 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 |
|---|---|---|
| Nov 14, 2024 | $0.152 | Nov 15, 2024 |
| Nov 7, 2024 | $0.120 | Nov 8, 2024 |
| Oct 31, 2024 | $0.225 | Nov 1, 2024 |
| Oct 24, 2024 | $0.2268 | Oct 25, 2024 |
| Oct 17, 2024 | $0.175 | Oct 18, 2024 |
| Oct 10, 2024 | $0.204 | Oct 11, 2024 |
News
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...
YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs
CHICAGO and MILWAUKEE and NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions on the following YieldMax™ ETFs: ETF Ticker 1 ETF Name Distribution per Share Dist...
YMAX: One Of The Best Covered-Call Funds
Covered call funds like YieldMax Universe Fund of Option Income ETFs have become a common form of financial investment in the last decade. YMAX has offered investors total returns of 14.28% since Janu...
YMAX: Call Option 'Diworsification' With Compounded Management Fees
By confounding income-driven dividends and capital distributions, option-income strategy ETFs are often mismarketed to income investors, leading to risk and return profile misunderstandings. YieldMax ...
YMAX: 44% Distribution Rate From Popular Large Caps
YieldMax Universe Fund of Option Income ETFs is an ETF. The fund falls in the "fund of funds" category, meaning that it will primarily invest in other YieldMax ETFs. The ETF's 44% distribution rate is...
YMAX ETF: Striking A Balance Between High Yields And Risk Management
YMAX is an income investment "fund of funds" using a blend of traditional and synthetic covered call strategies generating a TTM yield of 16%+. YMAX is a diversified options ETF and has demonstrated r...
YMAX: A New SWAN For Income Investors
YMAX is an ETF that offers income-focused investors exposure to hot and high-growth markets like AI chips and Bitcoin. The ETF is equal-weighted and diversifies the volatility of its individual YieldM...
YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs
CHICAGO and MILWAUKEE and NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions on the following YieldMax™ Fund of Funds and Ultra ETFs: ETF Ticker ETF Name Dist...
YMAX: It Has A Place In Your Portfolio But Likely A Small Place
YieldMax Universe Fund of Option Income ETF combines all existing YieldMax funds into one fund, adding 0.25% to the expense ratio for a total of 1.25%. YMAX uses an equal-weighted strategy across all ...