YieldMax™ Launches Option Income Strategy ETF on Snowflake (SNOW)
- YieldMax™ SNOW Option Income Strategy ETF: Launched by YieldMax™, this ETF aims to generate current income through a synthetic covered call strategy on Snowflake Inc. (SNOW) but does not directly invest in SNOW.
- YieldMax™ ETF Family: Includes various ETFs like TSLY, OARK, APLY, NVDY, AMZY, FBY, GOOY, NFLY, CONY, MSFO, DISO, XOMO, JPMO, AMDY, PYPY, SQY, MRNY, AIYY, MSTR, YBIT, CRSH, GDXY, YMAX, YMAG, and ULTY, each with different reference assets and distribution rates.
- Expense Ratios: Most YieldMax™ ETFs have a gross expense ratio of 0.99%, except for YMAX, YMAG, and ULTY, which have higher fees due to acquired fund expenses or fee waivers.
- Distribution Rate and 30-Day SEC Yield: Represent the annual yield and net investment income of the ETFs, respectively, with details provided for each ETF as of June 10, 2024.
- Risk Disclosures: Highlight risks associated with investing in YieldMax™ ETFs, including call writing strategy risk, counterparty risk, derivatives risk, distribution risk, high portfolio turnover risk, liquidity risk, non-diversification risk, new fund risk, price participation risk, and single issuer risk.
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Analyst Views on SNOY
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YieldMax® ETFs Declares Distributions for SNOY, ULTY, GOOY, TSLY, LFGY, and More
YieldMax ETF Distributions: YieldMax has announced weekly distributions for various ETFs, including the Semiconductor Portfolio, AI & Tech Portfolio, and Crypto Industry & Tech Portfolio, with distribution rates ranging from 22.13% to 87.96%.
Investment Risks: The ETFs carry various risks, including market volatility, counterparty risk, and the potential for significant losses, particularly due to their investment strategies involving options contracts.
Performance Variability: Distributions are not guaranteed and may vary significantly, with past performance not indicative of future results. Investors should be aware that the funds may not make distributions in every period.
Expense Ratios: Most YieldMax ETFs have a gross expense ratio of 0.99%, with some funds having higher ratios due to management fees and acquired fund expenses, impacting overall returns.
SOXS, SNOY: Big ETF Inflows
ETF Inflows: The YieldMax SNOW Option Income Strategy ETF experienced the largest increase in inflows, adding 1,450,000 units and achieving a 39.7% rise in outstanding units.
Author's Views: The opinions expressed in the article are solely those of the author and do not necessarily represent the views of Nasdaq, Inc.
Thursday's ETF Movers: SIL, YMAX
YieldMax Universe Fund Performance: The YieldMax Universe Fund of Option Income ETFs is underperforming, down approximately 1.5% in Thursday afternoon trading, with significant declines in its components, particularly Tidal Trust II Yieldmax Snow Option Income Strategy and Tidal Trust II Yieldmax TSM Option Income Strategy, which fell by about 7.3% and 5.4%, respectively.
Market Commentary: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
YieldMax® ETFs Announces Distributions on SNOY, ULTY, TSMY, CRSH, YMAX and Others
YieldMax ETF Distributions: YieldMax has announced weekly distributions for various ETFs, including the Semiconductor Portfolio and AI & Tech Portfolio, with distribution rates ranging from 26.59% to 95.23%, effective June 12, 2025.
Investment Risks: The ETFs carry various risks including market volatility, counterparty risk, and potential lack of distributions, emphasizing that past performance does not guarantee future results and investors may face significant losses.
YieldMax™ ETFs Announces Distributions on TSLY, SNOY, YBIT, ULTY, and Others
YieldMax™ ETF Distributions: YieldMax™ has announced weekly distributions for various ETFs, including the Semiconductor Portfolio and AI & Tech Portfolio, with specific amounts and payment dates listed for each fund.
Investment Risks: The article outlines various risks associated with investing in YieldMax™ ETFs, including market volatility, distribution variability, and sector-specific risks such as those related to technology and semiconductors.
YieldMax™ ETFs Announces Monthly Distributions on MSTY (95.14%), TSLY (83.44%), CONY (75.83%), NVDY (64.52%), CRSH (61.10%) and Others
YieldMax™ ETFs Monthly Distributions: YieldMax™ has announced monthly distributions for various ETFs, including TSLY, OARK, and APLY, with distribution rates ranging from 24.06% to 95.14%, effective August 7, 2024.
Investment Risks: The announcement includes warnings about the risks associated with investing in these ETFs, such as potential principal loss, counterparty risk, and the variability of distributions, emphasizing that past performance does not guarantee future results.
YieldMax® ETFs Declares Distributions for SNOY, ULTY, GOOY, TSLY, LFGY, and More
YieldMax ETF Distributions: YieldMax has announced weekly distributions for various ETFs, including the Semiconductor Portfolio, AI & Tech Portfolio, and Crypto Industry & Tech Portfolio, with distribution rates ranging from 22.13% to 87.96%.
Investment Risks: The ETFs carry various risks, including market volatility, counterparty risk, and the potential for significant losses, particularly due to their investment strategies involving options contracts.
Performance Variability: Distributions are not guaranteed and may vary significantly, with past performance not indicative of future results. Investors should be aware that the funds may not make distributions in every period.
Expense Ratios: Most YieldMax ETFs have a gross expense ratio of 0.99%, with some funds having higher ratios due to management fees and acquired fund expenses, impacting overall returns.
SOXS, SNOY: Big ETF Inflows
ETF Inflows: The YieldMax SNOW Option Income Strategy ETF experienced the largest increase in inflows, adding 1,450,000 units and achieving a 39.7% rise in outstanding units.
Author's Views: The opinions expressed in the article are solely those of the author and do not necessarily represent the views of Nasdaq, Inc.
Thursday's ETF Movers: SIL, YMAX
YieldMax Universe Fund Performance: The YieldMax Universe Fund of Option Income ETFs is underperforming, down approximately 1.5% in Thursday afternoon trading, with significant declines in its components, particularly Tidal Trust II Yieldmax Snow Option Income Strategy and Tidal Trust II Yieldmax TSM Option Income Strategy, which fell by about 7.3% and 5.4%, respectively.
Market Commentary: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
YieldMax® ETFs Announces Distributions on SNOY, ULTY, TSMY, CRSH, YMAX and Others
YieldMax ETF Distributions: YieldMax has announced weekly distributions for various ETFs, including the Semiconductor Portfolio and AI & Tech Portfolio, with distribution rates ranging from 26.59% to 95.23%, effective June 12, 2025.
Investment Risks: The ETFs carry various risks including market volatility, counterparty risk, and potential lack of distributions, emphasizing that past performance does not guarantee future results and investors may face significant losses.
YieldMax™ ETFs Announces Distributions on TSLY, SNOY, YBIT, ULTY, and Others
YieldMax™ ETF Distributions: YieldMax™ has announced weekly distributions for various ETFs, including the Semiconductor Portfolio and AI & Tech Portfolio, with specific amounts and payment dates listed for each fund.
Investment Risks: The article outlines various risks associated with investing in YieldMax™ ETFs, including market volatility, distribution variability, and sector-specific risks such as those related to technology and semiconductors.
YieldMax™ ETFs Announces Monthly Distributions on MSTY (95.14%), TSLY (83.44%), CONY (75.83%), NVDY (64.52%), CRSH (61.10%) and Others
YieldMax™ ETFs Monthly Distributions: YieldMax™ has announced monthly distributions for various ETFs, including TSLY, OARK, and APLY, with distribution rates ranging from 24.06% to 95.14%, effective August 7, 2024.
Investment Risks: The announcement includes warnings about the risks associated with investing in these ETFs, such as potential principal loss, counterparty risk, and the variability of distributions, emphasizing that past performance does not guarantee future results.
