BIGY

YieldMax Target 12 Big 50 Option Income ETF

$52.57
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The BIGY ETF seeks to provide income and capital appreciation by writing (selling) call options on a portfolio of the 50 largest U.S. stocks.

Overview

ETF tracking YieldMax Target 12 Big 50 Option Income ETF

Category Value
Issuer Other
Inception Date 2024-11-21
Market Cap $9.2M
Average Volume N/A
Dividend Yield 9.48%
52-Week Range $40.60 - $54.45
VWAP $52.53

Performance

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Investment Summary

📎 Investment Objective

The BIGY ETF seeks to provide income and capital appreciation by writing (selling) call options on a portfolio of the 50 largest U.S. stocks.

🎯 Investment Strategy

The fund writes (sells) call options on the 50 largest U.S. stocks, aiming to generate income from the option premiums. The portfolio is rebalanced monthly to maintain exposure to the top 50 stocks. The fund's strategy seeks to provide income while also participating in the potential upside of the underlying stocks.

✨ Key Features

  • Writes call options on the 50 largest U.S. stocks to generate income
  • Monthly portfolio rebalancing to maintain exposure to the top 50 stocks
  • Seeks to provide income and capital appreciation potential
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The fund's performance is tied to the performance of the underlying stocks, which can be volatile
  • Option writing risk: Selling call options can limit the fund's upside potential if the underlying stocks rise significantly
  • Concentration risk: The fund is concentrated in the 50 largest U.S. stocks, which can increase volatility
  • Liquidity risk: The fund may have difficulty trading certain positions, especially in volatile markets

👤 Best For

This ETF may be suitable for investors seeking a source of income and moderate capital appreciation potential, who are comfortable with the risks associated with option writing strategies and concentrated equity exposure.