Key stats
About YieldMax Ultra Short Option Income Strategy ETF
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Inception date
Aug 20, 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
US88636R6779
SLTY pursues a strategy to collect option premiums and profit from the decline of a handful of US stocks. The ETF executes its strategy in two main ways, it constructs a short portfolio of 15-30 selected US equities, ETFs, or equivalent products, either by directly shorting the underlying security or by using derivatives (options) to create synthetic (indirect) short positions. Selection focuses on securities with high implied volatility, as these present greater potential for income from options premiums. The options strategy aims to generate income by selling put and call options on the shorted securities or relevant ETFs, potentially collecting premiums. The fund actively manages various options strategieslike spreads, covered puts/calls, and calendar tradesto balance risk, income, and exposure to market declines.
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
Cash
Government
Bonds, Cash & Other100.00%
Cash105.02%
Government76.69%
Mutual fund9.14%
Rights & Warrants−3.10%
Miscellaneous−87.75%
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
SLTY last dividends amounted to 0.63 USD. The week before, the issuer paid 0.55 USD in dividends, which shows a 11.78% increase.
SLTY assets under management is 15.10 M USD. It's risen 147.21% over the last month.
SLTY fund flows account for 16.72 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, SLTY pays dividends to its holders with the dividend yield of 5.62%. The last dividend (Sep 26, 2025) amounted to 0.63 USD. The dividends are paid weekly.
SLTY shares are issued by Toroso Investments Topco LLC under the brand YieldMax. The ETF was launched on Aug 20, 2025, and its management style is Active.
SLTY expense ratio is 1.14% meaning you'd have to pay 1.14% of your investment to help manage the fund.
SLTY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SLTY invests in cash.
SLTY trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.