Tidal Trust II YieldMax MSTR Short Option Income Strategy ETFTidal Trust II YieldMax MSTR Short Option Income Strategy ETFTidal Trust II YieldMax MSTR Short Option Income Strategy ETF

Tidal Trust II YieldMax MSTR Short Option Income Strategy ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪17.66 M‬USD
Fund flows (1Y)
‪24.33 M‬USD
Dividend yield (indicated)
94.05%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪450.00 K‬
Expense ratio
1.01%

About Tidal Trust II YieldMax MSTR Short Option Income Strategy ETF


Issuer
Toroso Investments Topco LLC
Brand
YieldMax
Inception date
Mar 26, 2025
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
WNTR pursues monthly income and inverse exposure to MicroStrategy stock (MSTR). It employs a synthetic covered put strategy, leveraging options to achieve its objectives. The strategy places a cap on potential gains when the shares decrease in value. This approach involves selling MSTR call options and concurrently purchasing MSTR put options, typically with three- to six-month terms and at-the-money strike prices. Additionally, WNTR writes put options on MSTR to generate income, usually with contracts expiring within one month and strike prices approximately 0%-15% below the current MSTR share price. The fund holds short-term US Treasury securities as collateral. Moreover, it purchases out-of-the-money call options to manage potential losses from its short exposure to MSTR, especially in scenarios of significant stock appreciation. Note: WNTR does not directly invest in MSTR stocks, and investors are not entitled to any MSTR dividends.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Application software
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Cash
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Broaden your horizons with more funds linked to WNTR via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
WNTR trades at 36.70 USD today, its price has fallen −0.68% in the past 24 hours. Track more dynamics on WNTR price chart.
WNTR net asset value is 36.75 today — it's risen 3.29% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
WNTR assets under management is ‪17.66 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
WNTR fund flows account for ‪24.33 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
WNTR invests in bonds. See more details in our Analysis section.
WNTR expense ratio is 1.01%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
WNTR is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
Yes, WNTR pays dividends to its holders with the dividend yield of 94.05%.
WNTR trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
WNTR shares are issued by Toroso Investments Topco LLC
WNTR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 26, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.