Key stats
About YieldMax RDDT Option Income Strategy ETF
Home page
Inception date
Sep 8, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88636V4216
RDYY aims to generate monthly income while providing exposure to the price returns of the Reddit Inc. stock (RDDT), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of RDDT by purchasing and selling at-the-money calls and puts that have one- to six-month terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approximately 0%-15% above RDDT's current share price. This limits participation in potential gains if RDDT shares increase in value. The short put positions fully expose investors to the downside of the stock. Note: the fund does not invest directly in Reddit Inc. stock. Thus, investors are not entitled to any RDDT dividends.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Mutual fund
Bonds, Cash & Other100.00%
Government84.64%
Mutual fund19.83%
Rights & Warrants0.08%
Cash−4.54%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RDYY top holdings are United States Treasury Bills 0.0% 19-FEB-2026 and United States Treasury Bills 0.0% 06-AUG-2026, occupying 28.22% and 28.21% of the portfolio correspondingly.
RDYY assets under management is 2.52 M USD. It's risen 94.41% over the last month.
RDYY fund flows account for 2.59 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RDYY pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Oct 3, 2025) amounted to 1.05 USD. The dividends are paid monthly.
RDYY shares are issued by Toroso Investments Topco LLC under the brand YieldMax. The ETF was launched on Sep 8, 2025, and its management style is Active.
RDYY expense ratio is 1.01% meaning you'd have to pay 1.01% of your investment to help manage the fund.
RDYY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RDYY invests in bonds.
RDYY trades at a premium (0.65%) meaning the ETF is trading at a higher price than the calculated NAV.