Key stats
About YieldMax Dorsey Wright Hybrid 5 Income ETF
Expense ratio
0.88%
Home page
Inception date
Dec 17, 2024
FIVY tracks an index of five stocks and five ETFs based on a proprietary momentum rating methodology. The fund identifies high-momentum investments with potential for strong returns. The methodology uses Point & Figure charting that emphasizes significant price trends and removes short-term noise. The fund then ranks securities by buy signal frequency, prioritizing strong positive momentum. FIVY considers YieldMax ETFs that provide exposure to a specific stock or one or more ETFs with synthetic covered call strategies that comprise of synthetic long exposure, covered call writing, and US Treasuries as collateral. The fund excludes certain YieldMax fund-of-funds and those seeking short exposure. This strategy limits participation in potential gains if shares increase in value. The fund allocates 40% of its assets to stocks (8% each) and 60% to ETFs (12% each). The index is rebalanced and reconstituted monthly.
Classification
What's in the fund
Exposure type
Technology Services
Consumer Durables
ETF
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.