YieldMax Universe Fund of Option Income ETFs (YMAX)
| Assets | $751.63M |
| Expense Ratio | 1.28% |
| PE Ratio | n/a |
| Shares Out | 70.93M |
| Dividend (ttm) | $7.92 |
| Dividend Yield | 74.04% |
| Ex-Dividend Date | Dec 3, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | -42.63% |
| Volume | 1,609,735 |
| Open | 10.68 |
| Previous Close | 10.72 |
| Day's Range | 10.66 - 10.77 |
| 52-Week Low | 10.01 |
| 52-Week High | 18.82 |
| Beta | n/a |
| Holdings | 40 |
| Inception Date | Jan 16, 2024 |
About YMAX
Fund Home PageThe YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.
Top 10 Holdings
28.13% of assets| Name | Symbol | Weight |
|---|---|---|
| YieldMax CVNA Option Income Strategy ETF | CVNY | 2.99% |
| YieldMax CRCL Option Income Strategy ETF | CRCO | 2.89% |
| YieldMax HOOD Option Income Strategy ETF | HOOY | 2.86% |
| YieldMax DKNG Option Income Strategy ETF | DRAY | 2.85% |
| YieldMax RDDT Option Income Strategy ETF | RDYY | 2.80% |
| YieldMax MARA Option Income Strategy ETF | MARO | 2.78% |
| YieldMax SNOW Option Income Strategy ETF | SNOY | 2.75% |
| YieldMax GME Option Income Strategy ETF | GMEY | 2.75% |
| YieldMax AI Option Income Strategy ETF | AIYY | 2.74% |
| YieldMax PLTR Option Income Strategy ETF | PLTY | 2.72% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 3, 2025 | $0.0964 | Dec 4, 2025 |
| Nov 26, 2025 | $0.1012 | Nov 28, 2025 |
| Nov 19, 2025 | $0.1301 | Nov 20, 2025 |
| Nov 12, 2025 | $0.1506 | Nov 13, 2025 |
| Nov 5, 2025 | $0.1743 | Nov 6, 2025 |
| Oct 29, 2025 | $0.1939 | Oct 30, 2025 |
News
YMAX: 70%+ Yield? Don't Fall For The Hype
The YieldMax Universe Fund of Option Income ETFs offers a massive 70%+ yield, but faces significant capital erosion. YMAX's aggressive covered call strategy caps upside potential while exposing invest...
Avoid These 3 Dividend Traps Before They Wreck Your Retirement Income
Retiring on dividends requires balancing attractive yields with safety and growth to ensure sustainable, inflation-beating income over time. Many investors are shooting themselves in the foot with the...
WPAY Vs. YMAX: 2 Paths To High Income Through Growth
YieldMax Universe Fund of Option Income ETF and Roundhill WeeklyPay Universe ETF both target high income but use distinct strategies. YMAX employs covered call options on a diverse, growth-oriented po...
YMAX: 'Fund-Of-Funds' Powerhouse
YieldMax Universe Fund of Option Income ETFs has gained popularity for high income and downside risk mitigation via diverse holdings and put overlays. YMAX's NAV erosion concerns have been addressed s...
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...
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 ...
YMAX: What's Behind The Record-Low Distribution
YieldMax Universe Fund of Option Income ETFs announced its lowest-ever weekly distribution, reflecting a shift in strategy and ongoing NAV erosion. YMAX's new approach aims to slow NAV decline by part...
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...
Does Dividend Reinvesting Turn 38%-Yielding YMAX Into A Market-Beater?
YMAX offers a high yield via broad exposure to single-stock covered call ETFs, but suffers from high fees, concentration, and inflexible call selling strategies. Even with reinvested distributions, YM...
YMAX: Recent Key Changes Compel Me To Upgrade
I am upgrading YMAX to a strong buy due to improved management strategies that better preserve net asset value while maintaining high income payouts. YMAX's active options strategies and weekly distri...
YMAX: An Alternative Way To Manage NAV Risk
YMAX offers extremely high yields (40-70%), and introduces the risk of NAV and distribution erosion. The problem isn't just ROC, but the synthetic long with 0DTE covered calls, which makes returns asy...
YMAX's 66% Yield: The Dark Side Of Its Weekly Payouts
YMAX offers high weekly yields and diversification. However, it suffers from several major structural flaws. We detail what these are and share a better way to invest for high income.
YMAX: Patience Will Be Rewarded With Tax-Efficient Income
YieldMax Universe Fund of Option Income ETFs is a fund of funds of synthetic option ETFs. The diversified approach eliminates single-stock risk. The ETF offers weekly distributions with a current esti...
YieldMax® ETFs Announces Distributions on ULTY, TSMY, YBIT, LFGY, YMAX, and Others
CHICAGO and MILWAUKEE and NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below. ETF Ticker 1 E...
YMAX: A Rare Option Income Fund That Behaves Like Growth
I am upgrading YMAX to Buy after new data shows it outperforms both QQQ and SPY through volatile market cycles while providing strong income. YMAX's unique equal-weighted, growth-tilted, and highly di...
YMAX: This Fund-Of-Funds Could See Sustained Upside
YieldMax Universe Fund of Option Income ETFs has stabilized after severe NAV erosion, now showing an uptrend with technical strength and price above key moving averages. The fund's high yield (around ...
YieldMax® ETFs Announces Distributions on ULTY, TSLY, LFGY, CRSH, YMAX, and Others
CHICAGO and MILWAUKEE and NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below. ETF Ticker 1 E...
YieldMax® ETFs Announces Distributions on ULTY, CONY, AMDY, LFGY, YMAX, and Others
CHICAGO and MILWAUKEE and NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group C ETFs listed in the table below.
Get Paid Weekly From A Variety Of Options Income ETFs
Weekly income ETFs are booming, with new funds leveraging 0DTE options strategies to generate high-yield, frequent distributions for passive income seekers. Roundhill, YieldMax, Rex Shares, and Granit...
YMAX: You May Not Get Your Money Back
YMAX offers attractive weekly income and diversification as a fund of funds, reducing single-stock and sector risk. Many investors aim to recover their initial investment back in distributions, thereb...
YMAX: A 70% Yield That's Mostly Illusion - Here's Why I'd Sell
YieldMax Universe Fund of Option Income ETFs' high yield is mostly a return of your own capital, not true income, which erodes your investment over time. The fund's structure limits upside in strong m...
YieldMax® ETFs Announces Distributions on SNOY, ULTY, TSMY, CRSH, YMAX and Others
CHICAGO and MILWAUKEE and NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below. ETF Ticker 1 E...
Here's How I Collect Dividends Every Week
I use weekly paying option ETFs as a supplemental income stream, pairing them with core S&P 500 and Nasdaq ETF holdings for a hybrid approach. These synthetic option ETFs offer high yields and tax-eff...
YieldMax™ ETFs Announces Distributions on CVNY, CONY, YMAG, YMAX, ULTY, and Others
CHICAGO, MILWAUKEE and NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below. ETF Ticker 1 ETF N...
YMAX: Weekly Dividend Income Yielding Over 50% Annually Comes At A Cost
YMAX offers exceptionally high yields, but these are largely offset by significant share price declines and NAV erosion due to its synthetic options strategy. The fund's distributions are mostly retur...