YieldMax COIN Option Income Strategy ETF (CONY)
| Assets | $890.02M |
| Expense Ratio | 1.22% |
| PE Ratio | n/a |
| Shares Out | 18.60M |
| Dividend (ttm) | $87.57 |
| Dividend Yield | 188.21% |
| Ex-Dividend Date | Dec 4, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | -74.24% |
| Volume | 620,646 |
| Open | 46.56 |
| Previous Close | 47.04 |
| Day's Range | 45.74 - 47.01 |
| 52-Week Low | 42.50 |
| 52-Week High | 186.75 |
| Beta | 3.01 |
| Holdings | 23 |
| Inception Date | Aug 14, 2023 |
About CONY
Fund Home PageThe YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc. stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.
Top 10 Holdings
146.40% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 07.09.26 | 41.01% |
| United States Treasury Bills 0% | B.0 06.11.26 | 26.46% |
| United States Treasury Bills 0% | B.0 02.19.26 | 23.63% |
| United States Treasury Bills 0% | B.0 08.06.26 | 23.02% |
| United States Treasury Bills 0% | B.0 04.09.26 | 10.52% |
| COIN US 12/19/25 C390 | n/a | 9.40% |
| COIN US 12/19/25 C260 | n/a | 5.74% |
| Cash Offset | n/a | 3.24% |
| First American Government Obligations Fund | FGXXX | 2.21% |
| US DOLLARS | n/a | 1.17% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 4, 2025 | $1.1311 | Dec 5, 2025 |
| Nov 28, 2025 | $0.656 | Dec 1, 2025 |
| Nov 20, 2025 | $0.635 | Nov 21, 2025 |
| Nov 13, 2025 | $0.832 | Nov 14, 2025 |
| Nov 6, 2025 | $0.887 | Nov 7, 2025 |
| Oct 30, 2025 | $1.345 | Oct 31, 2025 |
News
CONY: What Would Cause Me To Take A Position
CONY is a synthetic covered call ETF focused on generating income by writing calls on Coinbase (COIN), mirroring COIN's volatility and downside. COIN's recent struggles and volatility have led to NAV ...
CONY: Why I'm Cautious After One Year (Rating Downgrade)
YieldMax Coin Option Income Strategy ETF has delivered strong income, posting a 27% total return over the past year despite a 50% capital decline. CONY generates high yields by writing call options on...
CONY: Poorly Managed, Not Worth The Fees - Sell
The YieldMax COIN Option Income Strategy ETF aims to provide high income by selling call options on Coinbase stock. COIN is expanding into financial services and stablecoins, which could drive long-te...
YieldMax® ETFs Announces Distributions on ULTY, CONY, FIAT, HOOY, LFGY and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 17, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group C ETFs listed in the table below.
CONY: I Expect Muted Volatility For Cryptocurrency Ahead
CONY ETF delivered impressive total returns in the past, largely driven by high option premiums during periods of extreme COIN volatility. COIN stock volatility has recently declined and is likely to ...
CONY: Say No To Temptation
CONY's headline 140% yield is highly tempting, but it's largely driven by destructive return of capital that erodes NAV and share price. Falling NAV and declining distributions mean investors, especia...
YieldMax® ETFs Announces Distributions on HOOY, CONY, ULTY, AMDY, YMAG, and Others
CHICAGO and MILWAUKEE and NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group C ETFs listed in the table below.
CONY: High Yield Has Offset Price Declines But More Downside Possible
I maintain a hold rating on CONY due to Coinbase and Bitcoin trading near all-time highs, increasing risk of a pullback. CONY offers massive distributions (currently ~73% yield), but suffers from sign...
2 Reasons You May Want to Swap Coinbase for CONY
Over the past 12 months, Coinbase Global (COIN 1.80%) is up an impressive 58%. In 2025, it's already up 42%.
This 119% Yield ETF Is Turning Heads: Too Good to Last?
Explore the YieldMax COIN Option Income Strategy ETF ( NYSEARCA: CONY), which is offering a staggering 119.9% yield. Understand the mechanics behind this high-yield exchange-traded fund (ETF), the ass...
YieldMax® ETFs Announces Distributions on ULTY, CONY, AMDY, LFGY, YMAX, and Others
CHICAGO and MILWAUKEE and NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group C ETFs listed in the table below.
CONY: Earn Steady Monthly Income With This High Yielder
CONY offers a high yield via monthly distributions, but its price has declined, leading to underperformance versus holding COIN directly. The ETF's distributions are classified as return of capital, o...
CONY: Sky-High Payouts But Near-Term Uncertainty Rising
CONY's high yield is driven by a covered-call strategy on Coinbase, but the share price has declined over 60% since inception. Current market conditions—low implied volatility and unfavorable Bitcoin ...
YieldMax™ ETFs Announces Distributions on CVNY, CONY, YMAG, YMAX, ULTY, and Others
CHICAGO, MILWAUKEE and NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below. ETF Ticker 1 ETF N...
CONY: Re-Evaluate Your Risk Tolerance
The YieldMax COIN Option Income ETF earned a hold rating from me in the past, given its consistent underperformance of its reference asset, and its older strategy. Since changing its options strategy,...
CONY: A Smoother Ride On COIN, Not A True Income Strategy
YieldMax's Income ETFs have a capped upside gain, posing a risk of underperformance in volatile markets, but some plans are better placed. COIN's volatility is comparable to MSTR, raising red flags fo...
YieldMax™ ETFs Announces Distributions on FIAT (127.21%), CVNY (100.49%), ULTY (77.62%), CONY (73.33%), YMAX (68.44%) and Others
CHICAGO and MILWAUKEE and NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below. ETF Ticker 1 ...
CONY: Covered Call ETFs Don't Avoid Big Losses, Only Small Ones (Downgrade)
YieldMax COIN Option Income Strategy ETF and Coinbase stock have both experienced significant declines, reflecting the inherent cyclicality of the crypto market. Coinbase's revenue is heavily influenc...
CONY: Yield Is High But Risk Is Higher
YieldMax COIN Option Income Strategy ETF offers high dividends but is risky with an annual expected return of -16% and a potential 70% YoY value loss. CONY uses a synthetic covered call strategy, gene...
CONY: Recent Performance Highlights Flaws In The Fund's Construction
Fund managers aim for approximately 80% price upside, maintaining a net short position of around 20% at any time. This strategy balances potential gains with risk management, providing a hedge against...
CONY: High Yield, But Proceed With Caution
The YieldMax COIN Option Income Strategy ETF offers a 91.17% distribution rate, driven by Coinbase's volatility, but this doesn't guarantee profitability. Despite the high yield, I think Coinbase is a...
High Yields Will Never Be The Same - Here's Why
High-yield investments like BDCs, MLPs, CEFs, and REITs offer substantial dividend yields, often overlooked by retail investors due to a lack of awareness. Option ETFs generate high income by writing ...
CONY: Riskier Income Play On A Decent Stock
YieldMax COIN Option Income Strategy ETF uses a synthetic covered call strategy to produce its income yield of around 150%. Comparing total returns since CONY's inception highlights the advantage of s...
CONY: Cautious Of A Shift In The Crypto Cycle (Rating Downgrade)
YieldMax COIN Option Income Strategy ETF offers a massive 111% dividend yield, but suffers from significant capital deterioration and limited upside potential. CONY's synthetic option strategy generat...
Coinbase stock forecast: are COIN and CONY buys into earnings
Coinbase stock price will be in the spotlight next week as the blue-chip crypto exchange publishes its fourth quarter earnings that will cap its best year on record. COIN has remained in a tight range...