FIAT YieldMax Short COIN Option Income Strategy ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 16.56 | Day Range | 16.72 – 17.16 |
| 52-Week Range | 16.15 – 36.11 | Volume | 49.13K |
| Avg Volume | 69.13K | AUM | $30.9M (Aug 27, 2026) |
| Expense Ratio | 1.05% | Yield (TTM) | 83.89% |
| NAV | 16.54 | Premium/Discount | +2.54% 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 Aug 27, 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 | -13.69% | -24.25% | -39.49% | -39.36% | -45.64% | — | — | — | -68.84% |
| Total return | -9.79% | -9.30% | -12.03% | -1.68% | +17.78% | — | — | — | -26.03% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 26, 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 Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 17 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | United States Treasury Bill 10/15/2026 | — | 54.43% | 16.96M | $16.9M |
| 2 | Cash & Other | — | 39.75% | 12.32M | $12.3M |
| 3 | First American Government Obligations Fund… | — | 16.98% | 5.26M | $5.3M |
| 4 | United States Treasury Bill 09/03/2026 | — | 10.11% | 3.14M | $3.1M |
| 5 | COIN 10/16/2026 150.02 P | — | 3.07% | 1.81K | $951.8K |
| 6 | United States Treasury Note/Bond 2.375%… | — | 0.97% | 304.00K | $300.5K |
| 7 | COIN US 08/28/26 P175 | — | 0.58% | 665 | $180.2K |
| 8 | COINBASE PUT OPT 08/26 172.500 | — | 0.50% | 750 | $156.0K |
| 9 | COINBASE CLL OPT 09/26 290 | — | 0.30% | 1.06K | $92.7K |
| 10 | COINBASE CLL OPT 09/26 300 | — | 0.18% | 750 | $54.4K |
| 11 | COIN US 08/28/26 P162.5 | — | 0.07% | 300 | $21.0K |
| 12 | COIN US 08/28/26 P152.5 | — | 0.01% | 100 | $2.5K |
| 13 | COIN US 08/28/26 P170 | — | -0.05% | -100 | -$15.7K |
| 14 | COIN US 08/28/26 P167.5 | — | -0.11% | -300 | -$35.4K |
| 15 | COINBASE PUT OPT 08/26 180 | — | -0.78% | -565 | -$242.9K |
| 16 | COINBASE PUT OPT 08/26 177.500 | — | -0.94% | -850 | -$291.1K |
| 17 | COIN 10/16/2026 150.02 C | — | -25.06% | -1.81K | -$7.8M |
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) | 83.89% | Paid (last 12 months) | $14.2280 |
| Frequency | Weekly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 20, 2026 | Last payment | $0.3100 (Aug 21, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| 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 |
| Jul 16, 2026 | Jul 16, 2026 | Jul 17, 2026 | $0.2613 |
| Jul 09, 2026 | Jul 09, 2026 | Jul 10, 2026 | $0.2723 |
| Jul 02, 2026 | Jul 02, 2026 | Jul 06, 2026 | $0.4586 |
| Jun 25, 2026 | Jun 25, 2026 | Jun 26, 2026 | $0.3413 |
| Jun 18, 2026 | Jun 18, 2026 | Jun 22, 2026 | $0.4012 |
| Jun 11, 2026 | Jun 11, 2026 | Jun 12, 2026 | $0.3395 |
| Jun 04, 2026 | Jun 04, 2026 | Jun 05, 2026 | $0.3026 |
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 | 55.11% / — | Sharpe 1Y / 3Y | 0.612 / — |
| Max drawdown 1Y / 3Y | -34.24% / — | Sortino 1Y | 0.818 |
| Beta vs S&P 500 (3Y) | -1.81 | Correlation vs S&P 500 (1Y) | -0.501 |
| Downside deviation 1Y | 41.21% | Risk-free rate used | 3.71% (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 Aug 27, 2026. Formulas →
Liquidity
| Volume today | 49.13K | Average volume | 69.13K |
| AUM | $30.9M | Premium/Discount | +2.54% |
| 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 | -$10.0K | -0.03% | $30.9M → $30.9M |
| 1 Week | -$3.8M | -10.33% | $37.0M → $30.9M |
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
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
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.