YQQQ

YieldMax Short N100 Option Income Strategy ETF

$12.46
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The YieldMax Short N100 Option Income Strategy ETF (YQQQ) seeks to generate income by writing (selling) call options on the Nasdaq-100 Index.

Overview

ETF tracking YieldMax Short N100 Option Income Strategy ETF

Category Value
Issuer Other
Inception Date 2024-08-15
Market Cap $12.8M
Average Volume N/A
Dividend Yield 11.99%
52-Week Range $12.15 - $18.75
VWAP $12.44

Performance

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Investment Summary

📎 Investment Objective

The YieldMax Short N100 Option Income Strategy ETF (YQQQ) seeks to generate income by writing (selling) call options on the Nasdaq-100 Index.

🎯 Investment Strategy

The fund writes (sells) call options on the Nasdaq-100 Index, collecting the option premiums to generate income. The options are designed to provide downside protection while limiting upside participation in the underlying index.

✨ Key Features

  • Seeks to generate consistent income through a covered call options strategy
  • Provides some downside protection compared to a direct investment in the Nasdaq-100 Index
  • Limits upside participation in the underlying index
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Option writing strategies can limit upside potential and expose the fund to the risk of the underlying index declining
  • Lack of performance history makes it difficult to evaluate the fund's long-term viability
  • Low assets under management may result in lower trading liquidity
  • Concentration in the Nasdaq-100 Index exposes the fund to sector-specific risks

👤 Best For

This ETF may be suitable for investors seeking a source of consistent income and some downside protection, but who are willing to forgo some upside potential in the Nasdaq-100 Index. It may be most appropriate for investors with a moderate risk tolerance and a medium-term investment horizon.