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YieldMax Universe Fund of Option Income ETFs (YMAX)

$9.87

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Key data on YMAX

AUM

$613420500

P/E ratio

33.7

Dividend yield

81.333%

Expense ratio

1.28%

Beta

1.374156

Price on YMAX

Previous close

$9.87

Today's open

$9.82

Day's range

$9.82 - $9.94

52 week range

$9.67 - $17.08

Profile about YMAX

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Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

YMAX industries and sectors

Alternatives

Trading Tools

News on YMAX

YieldMax® ETFs Announces Weekly Distributions for Group 1 ETFs

CHICAGO and MILWAUKEE and NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs announced distributions for the YieldMax® Group 1 weekly pay ETFs. Group 1 Distribution Announcement Ex.

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GlobeNewsWire • Jan 20, 2026

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Yield Mirage: Why ULTY Is A 'Sell' While YMAX Remains A 'Hold'

This article breaks down the 'YieldMax Battle,' exploring whether YMAX's 72% yield is fundamentally safer than ULTY's eye-popping 129%. Despite ULTY's hybrid transformation, the move feels like 'too little, too late' and is unlikely to deliver a significant turnaround in performance. YMAX remains one of the few YieldMax funds actually worth holding as we head into 2026.

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Seeking Alpha • Jan 20, 2026

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YMAX: The Magic Reinvestment Number For This Super Yielder

YieldMax Universe Fund of Option Income ETFs (YMAX) offers a 47%+ distribution yield but is unsuitable for capital preservation or risk-averse investors. YMAX requires reinvesting a significant portion of distributions to maintain principal, highlighting the fund's high erosion risk if distributions are taken as cash. The fund of funds approach, with volatile underlying ETFs utilizing a call overwrite strategy, which can cap upside participation.

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Seeking Alpha • Jan 5, 2026

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YMAX: Massive Distribution Paid Weekly, But Significant Erosion Likely To Continue Without Reinvestment

YieldMax Universe Fund of Option Income ETF (YMAX) offers a massive weekly distribution, currently yielding 47.23%, via a fund-of-funds approach targeting volatile single-stock ETFs. However, YMAX's distribution leads to significant price erosion, requiring substantial reinvestment to maintain principal, but total returns remain relatively respectable. The fund's synthetic long positions and call writing on volatile names drive high income but also amplify risk and price volatility compared to broader market ETFs.

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Seeking Alpha • Dec 18, 2025

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The Blueprint To Navigate Option ETFs Through 2026

I expect S&P 500 and tech-driven indexes to trend higher into 2026, though volatility will persist due to elevated valuations. Index-linked option ETFs with OTM strategies and sustainable yields offer the best balance of income, capital preservation, and upside capture. Single-stock and leveraged high-yield option ETFs risk severe capital erosion and unsustainable payouts, underperforming in both rallies and drawdowns.

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Seeking Alpha • Dec 18, 2025

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WPAY Vs. YMAX: Don't Let The 69% Yield Fool You

WPAY offers weekly payments, with a more balanced risk profile than its competitor YMAX. You will learn the 3 key differences between these ETFs that drove my decision to favor WPAY. WPAY's use of weekly option resets allows for better trend capture and NAV protection compared to YMAX's capped upside issues.

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Seeking Alpha • Dec 7, 2025

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YMAX: 70%+ Yield? Don't Fall For The Hype

The YieldMax Universe Fund of Option Income ETFs offers a massive 70%+ yield, but faces significant capital erosion. YMAX's aggressive covered call strategy caps upside potential while exposing investors to risky, volatile underlying assets and uncapped downside risk. Despite high yields, YMAX has a history of dividend cuts and has underperformed the S&P 500 and better-constructed covered call ETFs like QQQI on total return.

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Seeking Alpha • Nov 29, 2025

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Avoid These 3 Dividend Traps Before They Wreck Your Retirement Income

Retiring on dividends requires balancing attractive yields with safety and growth to ensure sustainable, inflation-beating income over time. Many investors are shooting themselves in the foot with these 3 dividend traps. We detail how to avoid these dividend traps and instead build a sustainable dividend portfolio for retirement.

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Seeking Alpha • Nov 8, 2025

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WPAY Vs. YMAX: 2 Paths To High Income Through Growth

YieldMax Universe Fund of Option Income ETF and Roundhill WeeklyPay Universe ETF both target high income but use distinct strategies. YMAX employs covered call options on a diverse, growth-oriented portfolio, offering robust upside and defensive qualities in flat or correcting markets. WPAY uses 120% weekly leverage on 15 single-stock ETFs, making it more sensitive to market cycles and potentially riskier in downturns than YMAX.

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Seeking Alpha • Nov 5, 2025

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YMAX: 'Fund-Of-Funds' Powerhouse

YieldMax Universe Fund of Option Income ETFs has gained popularity for high income and downside risk mitigation via diverse holdings and put overlays. YMAX's NAV erosion concerns have been addressed since April 2025, with stable NAV and consistent distributions supporting its income-generating appeal. I am neutral on YMAX for now, awaiting confirmation of a rebound above $12 before considering a buy, due to portfolio weighting strategy.

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Seeking Alpha • Oct 28, 2025

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