FIAT YieldMax Short COIN Option Income Strategy ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 15.97 | Day Range | 15.50 – 15.97 |
| 52-Week Range | 14.14 – 36.11 | Volume | 20.52K |
| Avg Volume | 73.22K | AUM | $31.2M (Oct 10, 2026) |
| Expense Ratio | 1.05% | Yield (TTM) | 97.52% |
| NAV | 16.05 | Premium/Discount | -2.31% indicative |
| Inception | Jul 09, 2024 | Holdings | 11 |
| Issuer | YieldMax | Exchange | AMEX |
| Category | Covered Call | Index Tracked | Not stated in source data |
| CUSIP | 88636J477 | ISIN | US88636X3026 |
| Structure | Inverse Option Income | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an actively managed exchange-traded fund with the primary objective of generating consistent weekly income. It achieves this by employing a synthetic covered put strategy that focuses on Coinbase Global Inc. (COIN). This approach is designed to collect premiums from options contracts, thereby providing the fund with inverse exposure, or a short position, to the price movements of COIN shares. To manage potential risks, the fund incorporates hedging through the acquisition of call options.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -8.09% | -25.26% | -41.32% | -43.94% | -35.47% | — | — | — | -67.97% |
| Total return | -7.22% | -19.71% | -23.33% | -9.10% | +31.32% | — | — | — | -27.40% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.05% | Annual cost of a $10,000 investment | $105.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 15 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | United States Treasury Bill 10/15/2026 | — | 55.49% | 16.96M | $17.0M |
| 2 | United States Treasury Bill 07/08/2027 | — | 18.54% | 5.85M | $5.7M |
| 3 | COIN 12/18/2026 190.02 P | — | 12.81% | 1.58K | $3.9M |
| 4 | First American Government Obligations Fund… | — | 11.40% | 3.49M | $3.5M |
| 5 | United States Treasury Bill 12/10/2026 | — | 8.60% | 2.65M | $2.6M |
| 6 | Cash & Other | — | 1.07% | 327.19K | $327.2K |
| 7 | United States Treasury Note/Bond 2.375%… | — | 0.98% | 304.00K | $300.5K |
| 8 | COIN US 10/16/26 P167.5 | — | 0.27% | 685 | $81.9K |
| 9 | COIN US 11/20/26 C300 | — | 0.16% | 935 | $50.0K |
| 10 | COIN US 10/16/26 P160 | — | 0.06% | 425 | $17.4K |
| 11 | COIN US 10/16/26 P170 | — | 0.03% | 50 | $8.6K |
| 12 | COIN US 10/16/26 C310 | — | 0.00% | 650 | $325.00 |
| 13 | COIN US 10/16/26 P177.5 | — | -0.07% | -50 | -$21.8K |
| 14 | COIN US 10/16/26 P175 | — | -1.18% | -1.11K | -$360.8K |
| 15 | COIN 12/18/2026 190.02 C | — | -8.16% | -1.58K | -$2.5M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 97.52% | Paid (last 12 months) | $15.2904 |
| Frequency | Weekly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 08, 2026 | Last payment | $0.1634 (Oct 09, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 08, 2026 | Oct 08, 2026 | Oct 09, 2026 | $0.1634 |
| Oct 01, 2026 | Oct 01, 2026 | Oct 02, 2026 | $0.1619 |
| Sep 24, 2026 | Sep 24, 2026 | Sep 25, 2026 | $0.1573 |
| Sep 17, 2026 | Sep 17, 2026 | Sep 18, 2026 | $0.1816 |
| Sep 10, 2026 | Sep 10, 2026 | Sep 11, 2026 | $0.1577 |
| Sep 03, 2026 | Sep 03, 2026 | Sep 04, 2026 | $0.2148 |
| Aug 27, 2026 | Aug 27, 2026 | Aug 28, 2026 | $0.2155 |
| Aug 20, 2026 | Aug 20, 2026 | Aug 21, 2026 | $0.3100 |
| Aug 13, 2026 | Aug 13, 2026 | Aug 14, 2026 | $0.3057 |
| Aug 06, 2026 | Aug 06, 2026 | Aug 07, 2026 | $0.3558 |
| Jul 30, 2026 | Jul 30, 2026 | Jul 31, 2026 | $0.2650 |
| Jul 23, 2026 | Jul 23, 2026 | Jul 24, 2026 | $0.2741 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 58.17% / — | Sharpe 1Y / 3Y | 0.769 / — |
| Max drawdown 1Y / 3Y | -39.50% / — | Sortino 1Y | 1.03 |
| Beta vs S&P 500 (3Y) | -1.84 | Correlation vs S&P 500 (1Y) | -0.489 |
| Downside deviation 1Y | 43.25% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 20.52K | Average volume | 73.22K |
| AUM | $31.2M | Premium/Discount | -2.31% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $420.0K | +1.36% | $30.8M → $31.2M |
| 1 Month | $803.2K | +2.47% | $32.6M → $31.2M |
| 1 Week | $1.9M | +6.44% | $29.2M → $31.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for FIAT
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.