SLTY YieldMax Ultra Short Option Income Strategy ETF
Quote as of Aug 26, 2026 17:51 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 20.59 | Day Range | 20.62 – 20.75 |
| 52-Week Range | 20.60 – 49.39 | Volume | 8.11K |
| Avg Volume | 21.72K | AUM | $17.1M (Aug 26, 2026) |
| Expense Ratio | 1.35% | Yield (TTM) | 99.30% |
| NAV | 20.70 | Premium/Discount | +0.16% indicative |
| Inception | Aug 20, 2025 | Holdings | — |
| Issuer | YieldMax | Exchange | AMEX |
| Category | Covered Call | Index Tracked | Not stated in source data |
| CUSIP | 88636R677 | ISIN | US88636R6779 |
| Structure | Inverse Option Income | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
The YieldMax Ultra Short Option Income Strategy ETF (SLTY) is an actively managed exchange-traded fund designed to generate consistent income. It achieves this by employing a diversified portfolio of covered put options. The fund typically takes inverse positions on 15 to 30 U.S.-listed equity securities, then sells options related to those underlying assets. This approach is engineered to collect premiums from the sold options and to benefit from potential declines in the share prices of the associated securities.
Description from the fund data provider · profile as of Aug 26, 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 | -7.67% | -17.03% | -29.14% | -38.70% | -57.91% | — | — | — | -58.35% |
| Total return | -4.54% | -4.93% | -5.54% | -10.99% | -22.12% | — | — | — | -22.93% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.35% | Annual cost of a $10,000 investment | $135.00 |
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. 107 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 97.22% | 16.60M | $16.6M |
| 2 | United States Treasury Note/Bond 2.375%… | — | 31.74% | 5.49M | $5.4M |
| 3 | United States Treasury Bill 02/18/2027 | — | 31.41% | 5.47M | $5.4M |
| 4 | United States Treasury Bill 09/03/2026 | — | 23.96% | 4.10M | $4.1M |
| 5 | United States Treasury Bill 12/10/2026 | — | 8.69% | 1.50M | $1.5M |
| 6 | First American Government Obligations Fund… | — | 5.10% | 870.80K | $870.8K |
| 7 | TSLA US 08/28/26 C360 | — | 0.16% | 28 | $27.6K |
| 8 | CAG US 08/28/26 C16.5 | — | 0.08% | 720 | $14.4K |
| 9 | CRM US 08/28/26 C230 | — | 0.06% | 50 | $10.2K |
| 10 | PEGA US 09/18/26 C40 | — | 0.06% | 310 | $10.1K |
| 11 | KKR US 08/28/26 C114 | — | 0.05% | 170 | $8.9K |
| 12 | RIVN US 08/28/26 C18.5 | — | 0.05% | 732 | $8.8K |
| 13 | WYNN US 08/28/26 C105 | — | 0.05% | 70 | $8.6K |
| 14 | LENNAR C CLL OPT 08/26 91 | — | 0.05% | 170 | $8.5K |
| 15 | CAVA GRO CLL OPT 08/26 79 | — | 0.04% | 92 | $6.3K |
| 16 | ETSY INC CLL OPT 08/26 87 | — | 0.04% | 214 | $6.1K |
| 17 | ETN US 08/28/26 C445 | — | 0.03% | 30 | $5.9K |
| 18 | OKLO US 08/28/26 C46.5 | — | 0.03% | 100 | $5.8K |
| 19 | TGT US 08/28/26 C172.5 | — | 0.03% | 116 | $5.8K |
| 20 | CENTENE CLL OPT 08/26 69 | — | 0.03% | 270 | $5.1K |
| 21 | LYFT INC CLL OPT 08/26 19 | — | 0.03% | 1.02K | $5.1K |
| 22 | LIVE NAT CLL OPT 08/26 192.500 | — | 0.02% | 84 | $4.2K |
| 23 | RKLB US 08/28/26 C80 | — | 0.02% | 53 | $3.6K |
| 24 | CARR US 08/28/26 C64 | — | 0.02% | 220 | $3.3K |
| 25 | SPG US 09/18/26 C230 | — | 0.02% | 34 | $3.1K |
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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) | 99.30% | Paid (last 12 months) | $20.6636 |
| Frequency | Weekly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 19, 2026 | Last payment | $0.2244 (Aug 20, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 19, 2026 | Aug 19, 2026 | Aug 20, 2026 | $0.2244 |
| Aug 12, 2026 | Aug 12, 2026 | Aug 13, 2026 | $0.2262 |
| Aug 05, 2026 | Aug 05, 2026 | Aug 06, 2026 | $0.2545 |
| Jul 29, 2026 | Jul 29, 2026 | Jul 30, 2026 | $0.2372 |
| Jul 22, 2026 | Jul 22, 2026 | Jul 23, 2026 | $0.2371 |
| Jul 15, 2026 | Jul 15, 2026 | Jul 16, 2026 | $0.2415 |
| Jul 08, 2026 | Jul 08, 2026 | Jul 09, 2026 | $0.2460 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 02, 2026 | $0.2711 |
| Jun 24, 2026 | Jun 24, 2026 | Jun 25, 2026 | $0.2532 |
| Jun 17, 2026 | Jun 17, 2026 | Jun 18, 2026 | $0.2506 |
| Jun 10, 2026 | Jun 10, 2026 | Jun 11, 2026 | $0.2840 |
| Jun 03, 2026 | Jun 03, 2026 | Jun 04, 2026 | $0.3052 |
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 | 17.39% / — | Sharpe 1Y / 3Y | -1.42 / — |
| Max drawdown 1Y / 3Y | -22.82% / — | Sortino 1Y | -1.88 |
| Beta vs S&P 500 (3Y) | -0.827 | Correlation vs S&P 500 (1Y) | -0.637 |
| Downside deviation 1Y | 13.19% | Risk-free rate used | 3.72% (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 26, 2026. Formulas →
Liquidity
| Volume today | 8.11K | Average volume | 21.72K |
| AUM | $17.1M | Premium/Discount | +0.16% |
| 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 | $0.00 | 0.00% | $17.1M → $17.1M |
| 1 Week | -$125.3K | -0.73% | $17.2M → $17.1M |
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 SLTY
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.