YieldMax™ Launches Option Income Strategy ETF on Taiwan Semiconductor (TSM)
Launch of New ETF: YieldMax™ has introduced the YieldMax™ TSM Option Income Strategy ETF (TSMY), which aims to generate monthly income through options-based strategies on the ADRs of Taiwan Semiconductor Manufacturing Co Ltd. (TSM) and is actively managed by ZEGA Financial.
Investment Risks and Distributions: The ETF does not invest directly in TSM or its ADRs, and potential distributions may vary significantly, including risks associated with derivatives, market volatility, and non-diversification.
Trade with 70% Backtested Accuracy
Analyst Views on TSMY

No data
About the author


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 21.15% to 110.61%.
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 and derivatives.
Performance Variability: Distributions are not guaranteed and may vary significantly, with past performance not indicative of future results. Investors should be aware that the distribution rates and yields can change over time.
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 investment returns.

YieldMax ETF Distributions: YieldMax has announced weekly distributions for various ETFs, including the Semiconductor Portfolio, AI & Tech Portfolio, and others, with distribution rates ranging from 23.69% to 85.40%, effective from August 7, 2025.
Investment Risks: The ETFs carry various risks such as market volatility, liquidity issues, and potential principal loss, emphasizing that past performance does not guarantee future results and distributions may vary significantly.
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 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.
ETF Inflows: The TSMY ETF experienced the largest increase in inflows, adding 75,000 units which represents a 37.5% rise in outstanding units.
Author's Perspective: The opinions expressed in the article are solely those of the author and do not necessarily align with Nasdaq, Inc.
International Stocks vs. S&P 500: This week's ETF Wrap analyzes the performance of international stocks in comparison to the S&P 500, highlighting specific single-country funds.
Feedback and Contact Information: Readers are encouraged to provide feedback and tips via email or social media, with contact details for Christine Idzelis and Isabel Wang included.







