YieldMax Ultra Option Income Strategy ETF (ULTY)
| Assets | $1.02B |
| Expense Ratio | 1.30% |
| PE Ratio | 55.90 |
| Shares Out | 27.93M |
| Dividend (ttm) | $46.11 |
| Dividend Yield | 131.44% |
| Ex-Dividend Date | Feb 25, 2026 |
| Payout Ratio | 7,347.39% |
| 1-Year Return | -54.44% |
| Volume | 1,199,307 |
| Open | 34.81 |
| Previous Close | 35.34 |
| Day's Range | 34.65 - 35.20 |
| 52-Week Low | 33.64 |
| 52-Week High | 78.00 |
| Beta | 1.73 |
| Holdings | 107 |
| Inception Date | Feb 28, 2024 |
About ULTY
Fund Home PageThe YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.
Top 10 Holdings
51.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Amplify Junior Silver Miners ETF | SILJ | 6.00% |
| Lam Research Corporation | LRCX | 5.60% |
| VanEck Gold Miners ETF | GDX | 5.37% |
| Jabil Inc. | JBL | 5.24% |
| Analog Devices, Inc. | ADI | 5.21% |
| Strategy Inc | MSTR | 5.21% |
| Alphabet Inc. | GOOGL | 5.14% |
| NVIDIA Corporation | NVDA | 4.97% |
| Comfort Systems USA, Inc. | FIX | 4.52% |
| Lumentum Holdings Inc. | LITE | 4.12% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 25, 2026 | $0.4752 | Feb 26, 2026 |
| Feb 18, 2026 | $0.436 | Feb 19, 2026 |
| Feb 11, 2026 | $0.4505 | Feb 12, 2026 |
| Feb 4, 2026 | $0.4541 | Feb 5, 2026 |
| Jan 28, 2026 | $0.5021 | Jan 29, 2026 |
| Jan 21, 2026 | $0.5054 | Jan 22, 2026 |
News
ULTY: Revised Strategy Has Not Fixed Anything (Rating Downgrade)
YieldMax Ultra Option Income Strategy ETF is downgraded to sell due to persistent NAV erosion and unsustainable distributions. ULTY's strategy shift to include up to 50% lower-volatility, large-cap eq...
YieldMax® ETFs Announces Weekly Distributions for Group 1 ETFs
CHICAGO and MILWAUKEE and NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs announced distributions for the YieldMax® Group 1 weekly pay ETFs. Group 1 Distribution Announcement Ex.
ULTY: Doubtful That The Strategy Change Will Reduce NAV Erosion (Rating Downgrade)
ULTY: Doubtful That The Strategy Change Will Reduce NAV Erosion (Rating Downgrade)
Yield Mirage: Why ULTY Is A 'Sell' While YMAX Remains A 'Hold'
This article breaks down the 'YieldMax Battle,' exploring whether YMAX's 72% yield is fundamentally safer than ULTY's eye-popping 129%. Despite ULTY's hybrid transformation, the move feels like 'too l...
These 3 Option ETFs Are Less Likely To Experience NAV Erosion
DIVO, QDVO, and QQQH offer high-yield income with strategies designed to minimize NAV erosion versus typical option ETFs. DIVO targets blue-chip dividend growers, uses OTM covered calls on 20–30% of a...
ULTY: High Yield, Now With Fewer Structural Landmines
YieldMax Ultra Option Income Strategy ETF (ULTY) earns a cautious Buy after recent structural changes targeting more stable, income-focused performance. ULTY's portfolio now emphasizes lower-volatilit...
This Is How I'm Harvesting BDC Cash Flows For My Retirement
This Is How I'm Harvesting BDC Cash Flows For My Retirement. The double-digit yields, term 'private credit,' cases like First Brands and Tricolor are just some examples that introduce a high degree of...
ULTY, Meet ULTI, Your Newest Competitor
YieldMax Ultra Option Income Strategy ETF has underperformed, with a significant price decline since July and negative total returns versus the market. REX SHARES launched the REX IncomeMax Option Str...
ULTY: Major Changes To The ETF Powerhouse
The YieldMax Ultra Option Income Strategy ETF remains a compelling high-yield income vehicle, despite NAV and share price volatility. ULTY is updating its portfolio by adding lower-volatility, large-c...
Dark Side Of Weekly Payouts: CONY Is The Lesser Evil Than ULTY
YieldMax COIN Option Income Strategy ETF (CONY) offers superior total return potential versus ULTY due to heightened bitcoin volatility and higher implied volatility in COIN. I maintain a cautious sta...
YieldMax® ETFs Announces Strategic Updates to ULTY, the YieldMax® Ultra Option Income Strategy ETF
NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced a series of strategic updates to the YieldMax ® Ultra Option Income Strategy ETF (ULTY). ULTY Overview and Core Purpose ULTY ...
Why 10%+ Yields Can Wreck Your Retirement Income
My portfolio goal is sustainable, stress-free income—prioritizing safety over chasing high yields. Even though it might be very tempting, tilting investments towards 10%+ yields is not the smartest th...
ULTY: The Reverse Split Is An Indication Of Failure
YieldMax Ultra Option Income Strategy ETF (ULTY) has seen its NAV collapse 79% since inception. Its total return is now negative. ULTY's strategy of holding volatile stocks and writing call options ha...
ULTY: Leveraging It For The Highest Returns
YieldMax Ultra Option Income Strategy ETF is designed for income-focused investors, leveraging covered calls on large tech stocks to generate high yield. Criticism about NAV erosion is overstated; ULT...
ULTY: Don't Fall For This 100%+ Dividend Yield Trap
YieldMax Ultra Option Income Strategy ETF offers an extremely high yield but employs an aggressive covered call strategy on risky, hype-driven stocks. ULTY's net asset value and share price have decli...
ULTY: 90% Yield But The Volatility And NAV Erosion May Not Be Worth It
YieldMax has rapidly grown to $17 billion AUM, capitalizing on demand for leveraged and ultra-high yield ETFs. While single-stock ETFs like MSTY, NVDY, CONY, and TSLY dominate, the YieldMax Ultra Opti...
YieldMax® ETFs Announces Weekly Distributions on ULTY, LFGY, YMAX, YMAG, SLTY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 1 weekly pay ETFs listed in the table below. Group 1 Distribu...
Are covered call ETFs like JEPI, JEPQ, ULTY, and XYLD worth it?
Covered call ETFs like JEPI, JEPQ, ULTY, and XYLD have done well in the past few years, attracting billions of dollars in assets as investors embraced their high dividends. JEPI, the biggest covered ...
YieldMax® ETFs Announces Transition to Weekly Distributions Across Product Suite
NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced a significant enhancement to its distribution framework, moving all single stock option income ETFs to a weekly distribution ...
YieldMax® ETFs Announces Distributions on BABO, MARO, ULTY, MRNY, SLTY and Others
CHICAGO and MILWAUKEE and NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group B ETFs listed in the table below. ETF Ticker 1 E...
YieldMax® ETFs Announces Distributions on TSLY, ULTY, SLTY, TSMY, RBLY, and Others
CHICAGO, MILWAUKEE and NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below. ETF Ticker 1 ETF ...
ULTY And SLTY: The Gambler's Income ETF Has A Twin
The YieldMax Ultra Option Income Strategy ETF (ULTY) remains a high-risk, high-reward choice, best suited for speculative income investors seeking outsized yield at high costs. ULTY's recent strategy ...
Why I Like ULTY But Not Over 50% Yielding YMAX
The YieldMax Universe Fund of Option Income ETFs receives a Sell rating, while the YieldMax Ultra Option Income Strategy ETF is rated Buy. YMAX has outperformed ULTY since ULTY's inception, but its st...
YieldMax® ETFs Announces Distributions on WNTR, MSTY, ULTY, SLTY, SMCY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below.
ULTY: NAV Decay Remains A Big Challenge
The YieldMax Ultra Option Income Strategy ETF offers an ultra-high forward distribution yield of over 80%, targeting investors seeking immediate, recurring weekly income. ULTY generates income by hold...