Key stats
About Tidal Trust II YieldMax Universe Fund of Option Income ETFs
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Inception date
Jan 17, 2024
Structure
Open-Ended Fund
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
YMAX is an actively managed fund-of-funds that invests in YieldMax ETFs. Each of the underlying funds aim to generate monthly income while providing exposure to the price returns of specific securities, subject to a cap on potential investment gains. The underlying funds each utilize a synthetic covered call strategy via standardized exchange-traded and FLEX options, consisting of synthetic long exposure, covered call writing, and US Treasurys as collateral. The funds strategy limits participation in potential gains when shares increase in value, as well as exposes investors to the stocks downside. The underlying funds do not directly invest in stocks. Therefore, investors of both YMAX and the underlying funds are not entitled to dividends from the underlying securities. While the fund intends to invest fully in YieldMax ETFs, it may still invest directly in securities held by the underlying ETFs for tax purposes. The equal-weighted portfolio is rebalanced and adjusted monthly.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
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
Displays a symbol's price movements over previous years to identify recurring trends.