YieldMax ETFs are a series of exchange-traded funds designed to enhance income by generating high monthly distributions, primarily through options strategies such as covered call writing. These ETFs focus on providing income from underlying assets, which mostly include popular stocks and some indices, while managing risk and potential capital appreciation. They’re often used by income-focused investors looking for a steady cash flow, though the trade-off is usually limited upside during strong market rallies. As with all options-based strategies, these ETFs may carry unique risks tied to market volatility and option pricing.
Investors should be aware that these ETFs charge very high expense ratios. For example, YieldMax TSLA Option Income Strategy ETF TSLY has a 0.99% gross expense ratios.
The following table compares each YieldMax ETF with its corresponding underlying stock in terms of their total returns (i.e. dividend or distribution reinvested)
The return data shown below all have the same latest date: 05/02/2025.
| Name | YTD Return | 1Yr AR | 3Yr AR | 5Yr AR | 10Yr AR | 15Yr AR | 20Yr AR | Inception |
|---|---|---|---|---|---|---|---|---|
| TSLY (YieldMax TSLA Option Income Strategy ETF) | -33.67% | 5.97% | NA | NA | NA | NA | NA | -6.68% |
| TSLA (Tesla, Inc.) | -28.88% | 59.55% | -1.55% | 41.44% | 34.02% | NA | NA | 17.47% |
| OARK (YieldMax Innovation Option Income Strategy ETF) | -22.02% | -9.88% | NA | NA | NA | NA | NA | -12.78% |
| ARKK (ARK Innovation ETF) | -8.58% | 15.51% | 1.16% | -0.49% | 10.47% | NA | NA | 11.28% |
| APLY (YieldMax AAPL Option Income Strategy ETF) | -21.37% | -0.20% | NA | NA | NA | NA | NA | -15.03% |
| AAPL (Apple Inc.) | -17.91% | 19.24% | 9.73% | 23.62% | 21.73% | 24.14% | 29.91% | -8.84% |
| NVDY (YieldMax NVDA Option Income Strategy ETF) | -24.64% | 9.53% | NA | NA | NA | NA | NA | -21.84% |
| NVDA (NVIDIA Corporation) | -14.73% | 33.46% | 80.40% | 73.63% | 70.71% | 46.94% | 35.83% | -13.82% |
| AMZY (YieldMax AMZN Option Income Strategy ETF) | -12.00% | -3.60% | NA | NA | NA | NA | NA | 0.16% |
| AMZN (Amazon.com, Inc.) | -13.41% | 2.85% | 15.13% | 10.41% | 24.55% | 24.77% | 26.76% | 3.97% |
| FBY (YieldMax META Option Income Strategy ETF) | -16.03% | 10.66% | NA | NA | NA | NA | NA | -13.00% |
| META (Meta Platforms, Inc.) | 2.06% | 35.66% | 41.63% | 23.92% | 22.50% | NA | NA | 0.87% |
| GOOY (YieldMax GOOGL Option Income Strategy ETF) | -10.92% | -5.49% | NA | NA | NA | NA | NA | -4.45% |
| GOOGL (Alphabet Inc.) | -13.25% | -1.08% | 12.23% | 20.03% | 19.55% | 18.28% | 18.46% | 0.02% |
| CONY (YieldMax COIN Option Income Strategy ETF) | -24.34% | -22.79% | NA | NA | NA | NA | NA | 2.54% |
| COIN (Coinbase Global, Inc.) | -17.47% | -10.45% | 19.09% | NA | NA | NA | NA | 22.21% |
| NFLY (YieldMax NFLX Option Income Strategy ETF) | 14.93% | 67.50% | NA | NA | NA | NA | NA | 37.26% |
| NFLX (Netflix, Inc.) | 29.75% | 104.63% | 79.65% | 21.99% | 30.74% | 33.86% | 38.75% | 60.23% |
| DISO (YieldMax DIS Option Income Strategy ETF) | -21.92% | -19.85% | NA | NA | NA | NA | NA | -9.90% |
| DIS (The Walt Disney Company) | -16.94% | -17.13% | -6.21% | -1.92% | -1.00% | 7.26% | 7.59% | 0.42% |
| XOMO (YieldMax XOM Option Income Strategy ETF) | -3.22% | -6.22% | NA | NA | NA | NA | NA | -11.97% |
| XOM (Exxon Mobil Corporation) | -0.38% | -5.54% | 10.89% | 24.57% | 6.32% | 7.01% | 6.60% | -11.47% |
| MSFO (YieldMax MSFT Option Income Strategy ETF) | 0.10% | 3.14% | NA | NA | NA | NA | NA | 0.93% |
| MSFT (Microsoft Corporation) | 3.48% | 10.25% | 16.22% | 20.52% | 26.45% | 21.55% | 17.42% | 5.38% |
| JPMO (YieldMax JPM Option Income Strategy ETF) | -10.21% | -4.91% | NA | NA | NA | NA | NA | -5.07% |
| JPM (JPMorgan Chase & Co.) | 6.54% | 34.80% | 31.53% | 25.79% | 17.84% | 15.48% | 13.30% | 21.18% |
| AMDY (YieldMax AMD Option Income Strategy ETF) | -29.98% | -36.32% | NA | NA | NA | NA | NA | -45.59% |
| AMD (Advanced Micro Devices, Inc.) | -18.21% | -32.40% | 3.22% | 13.45% | 45.58% | 17.07% | 10.14% | -42.82% |
| PYPY (YieldMax PYPL Option Income Strategy ETF) | -17.68% | 4.70% | NA | NA | NA | NA | NA | -12.13% |
| PYPL (PayPal Holdings, Inc.) | -21.22% | 0.39% | -9.77% | -11.47% | NA | NA | NA | -17.15% |
| MRNY (YieldMax MRNA Option Income Strategy ETF) | -37.83% | -78.28% | NA | NA | NA | NA | NA | -52.39% |
| MRNA (Moderna, Inc.) | -33.60% | -78.02% | -42.08% | -11.38% | NA | NA | NA | -52.71% |
| AIYY (YieldMax AI Option Income Strategy ETF) | -33.21% | -26.85% | NA | NA | NA | NA | NA | -20.02% |
| AI (C3.ai, Inc.) | -34.71% | -2.89% | 7.45% | 53.48% | 0.39% | 0.54% | -10.87% | -8.06% |
| MSTY (YieldMax MSTR Option Income Strategy ETF) | 27.91% | 148.90% | NA | NA | NA | NA | NA | 74.36% |
| MSTR (MicroStrategy Incorporated) | 36.17% | 249.18% | 120.89% | 101.56% | 36.07% | 30.11% | 24.85% | 105.19% |
| YBIT (YieldMax Bitcoin Option Income Strategy ETF) | -11.40% | -4.02% | NA | NA | NA | NA | NA | 11.50% |
| IBIT (iShares Bitcoin Trust ETF) | 4.03% | 63.28% | NA | NA | NA | NA | NA | 55.90% |
| GDXY (YieldMax Gold Miners Option Income Strategy ETF) | 7.48% | NA | NA | NA | NA | NA | NA | -5.97% |
| GDX (VanEck Gold Miners ETF) | 38.84% | 41.85% | 12.54% | 8.18% | 9.80% | 0.52% | NA | 22.17% |
| SNOY (YieldMax SNOW Option Income Strategy ETF) | -12.37% | NA | NA | NA | NA | NA | NA | 9.58% |
| SNOW (Snowflake Inc.) | 8.58% | 6.27% | -1.93% | NA | NA | NA | NA | 47.69% |
| ABNY (YieldMax ABNB Option Income Strategy ETF) | -20.54% | NA | NA | NA | NA | NA | NA | -19.20% |
| ABNB (Airbnb, Inc.) | -4.68% | -20.89% | -6.41% | NA | NA | NA | NA | -5.46% |
| BABO (YieldMax BABA Option Income Strategy ETF) | 4.15% | NA | NA | NA | NA | NA | NA | -15.33% |
| BABA (Alibaba Group Holding Limited) | 48.32% | 57.89% | 8.29% | -7.63% | 4.78% | NA | NA | 14.66% |
| TSMY (YieldMax TSM Option Income Strategy ETF) | -21.47% | NA | NA | NA | NA | NA | NA | -17.61% |
| TSM (Taiwan Semiconductor Manufacturing Company Limited) | -8.86% | 33.45% | 26.37% | 30.37% | 25.61% | 24.43% | 20.80% | -2.95% |
| SMCY (YieldMax SMCI Option Income Strategy ETF) | -28.23% | NA | NA | NA | NA | NA | NA | -54.33% |
| SMCI (Super Micro Computer, Inc.) | 10.60% | -55.79% | 99.59% | 72.10% | 27.44% | 23.56% | NA | -25.67% |
| PLTY (YieldMax PLTR Option Income Strategy ETF) | 13.68% | NA | NA | NA | NA | NA | NA | 70.51% |
| PLTR (Palantir Technologies Inc.) | 64.33% | 451.13% | 126.19% | NA | NA | NA | NA | 199.83% |