YieldMax Universe Fund of Option Income ETFs (YMAX)
About this ETF
YMAX, officially known as the YieldMax Universe Fund of Option Income ETFs, is a dynamically managed exchange-traded fund whose primary objective is to generate consistent income for investors. Structured as a "fund of funds," it achieves this by allocating capital across the entire spectrum of YieldMax's specialized option income ETFs. Each of these constituent YieldMax ETFs, in turn, is designed to produce income streams while simultaneously providing market exposure to the value of a distinct underlying asset, such as a specific company's stock or another exchange-traded fund.
Price
Top 10 holdings
| YieldMaxTM PLTR Option Income Strategy ETF PLTY | 7.41% |
| YieldMax AMD Option Income Strategy ETF AMDY | 6.75% |
| YieldMax AI & Tech Portfolio Option Income ETF GPTY | 6.53% |
| YieldMax TSM Option Income Strategy ETF TSMY | 6.42% |
| YieldMax HOOD Option Income Strategy ETF HOOY | 6.41% |
| YieldMax AAPL Option Income Strategy ETF APLY | 5.93% |
| YieldMax MRNA Option Income Strategy ETF MRNY | 5.72% |
| YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF QDTY | 5.19% |
| YieldMax XYZ Option Income Strategy ETF XYZY | 5.08% |
| YieldMax Semiconductor Portfolio Option Income ETF CHPY | 5.07% |
Sector mix
Price chart
Returns
| 1 month | +2.49% |
| 3 months | +1.43% |
| 6 months | -22.50% |
| Year to date | -21.64% |
| 1 year | -43.25% |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 24.53% |
| Sharpe (1y) | -2.18 |
| Sharpe (3y) | — |
| Sortino (1y) | -3.06 |
| Max drawdown (1y) | -46.36% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -65.66% |
| Beta vs S&P 500 (1y) | 1.58 |
| Correlation vs S&P 500 (1y) | 0.81 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-08 | 2026-07-09 | USD 0.0709 |
| 2026-07-01 | 2026-07-02 | USD 0.0727 |
| 2026-06-24 | 2026-06-25 | USD 0.0756 |
| 2026-06-17 | 2026-06-18 | USD 0.0766 |
| 2026-06-10 | 2026-06-11 | USD 0.0795 |
| 2026-06-03 | 2026-06-04 | USD 0.0931 |
| 2026-05-27 | 2026-05-28 | USD 0.0902 |
| 2026-05-20 | 2026-05-21 | USD 0.0905 |
| 2026-05-13 | 2026-05-14 | USD 0.0930 |
| 2026-05-06 | 2026-05-07 | USD 0.0824 |
| 2026-04-29 | 2026-04-30 | USD 0.0997 |
| 2026-04-22 | 2026-04-23 | USD 0.0998 |
| 2026-04-15 | 2026-04-16 | USD 0.0921 |
| 2026-04-08 | 2026-04-09 | USD 0.0901 |
| 2026-04-01 | 2026-04-02 | USD 0.0875 |
| 2026-03-25 | 2026-03-26 | USD 0.0336 |
| 2026-03-18 | 2026-03-19 | USD 0.0824 |
| 2026-03-11 | 2026-03-12 | USD 0.0827 |
| 2026-03-04 | 2026-03-05 | USD 0.0805 |
| 2026-02-25 | 2026-02-26 | USD 0.0719 |
| 2026-02-18 | 2026-02-19 | USD 0.0778 |
| 2026-02-11 | 2026-02-12 | USD 0.0743 |
| 2026-02-04 | 2026-02-05 | USD 0.0821 |
| 2026-01-28 | 2026-01-29 | USD 0.0830 |
| 2026-01-21 | 2026-01-22 | USD 0.0824 |
| 2026-01-14 | 2026-01-15 | USD 0.0816 |
| 2026-01-07 | 2026-01-08 | USD 0.0880 |
| 2025-12-31 | 2026-01-02 | USD 0.1060 |
| 2025-12-24 | 2025-12-26 | USD 0.0944 |
| 2025-12-17 | 2025-12-18 | USD 0.1235 |
| 2025-12-10 | 2025-12-11 | USD 0.1142 |
| 2025-12-03 | 2025-12-04 | USD 0.0964 |
| 2025-11-26 | 2025-11-28 | USD 0.1012 |
| 2025-11-19 | 2025-11-20 | USD 0.1301 |
| 2025-11-12 | 2025-11-13 | USD 0.1506 |
| 2025-11-05 | 2025-11-06 | USD 0.1743 |
| 2025-10-29 | 2025-10-30 | USD 0.1939 |
| 2025-10-22 | 2025-10-23 | USD 0.1573 |
| 2025-10-15 | 2025-10-16 | USD 0.1743 |
| 2025-10-09 | 2025-10-10 | USD 0.1470 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |

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