YieldMax Ultra Option Income Strategy ETF (ULTY)
| Assets | $3.41B |
| Expense Ratio | 1.30% |
| PE Ratio | 42.66 |
| Shares Out | 625.33M |
| Dividend (ttm) | $6.72 |
| Dividend Yield | 123.83% |
| Ex-Dividend Date | Sep 25, 2025 |
| Payout Ratio | 5,282.16% |
| 1-Year Return | -47.69% |
| Volume | 28,501,307 |
| Open | 5.47 |
| Previous Close | 5.44 |
| Day's Range | 5.40 - 5.48 |
| 52-Week Low | 5.23 |
| 52-Week High | 10.92 |
| Beta | n/a |
| Holdings | 128 |
| Inception Date | Feb 28, 2024 |
About ULTY
Fund Home PageThe YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.
Top 10 Holdings
62.53% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGXXX | 17.78% |
| Palantir Technologies Inc. | PLTR | 6.51% |
| Robinhood Markets, Inc. | HOOD | 5.36% |
| Rocket Lab Corporation | RKLB | 5.14% |
| Coinbase Global, Inc. | COIN | 5.01% |
| CoreWeave, Inc. | CRWV | 4.82% |
| Upstart Holdings, Inc. | UPST | 4.53% |
| NuScale Power Corporation | SMR | 4.51% |
| Hims & Hers Health, Inc. | HIMS | 4.46% |
| Rigetti Computing, Inc. | RGTI | 4.39% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2025 | $0.0921 | Sep 26, 2025 |
| Sep 18, 2025 | $0.0926 | Sep 19, 2025 |
| Sep 11, 2025 | $0.0928 | Sep 12, 2025 |
| Sep 4, 2025 | $0.090 | Sep 5, 2025 |
| Aug 28, 2025 | $0.0949 | Aug 29, 2025 |
| Aug 21, 2025 | $0.100 | Aug 22, 2025 |
News
ULTY And SLTY: The Gambler's Income ETF Has A Twin
The YieldMax Ultra Option Income Strategy ETF (ULTY) remains a high-risk, high-reward choice, best suited for speculative income investors seeking outsized yield at high costs. ULTY's recent strategy ...
Why I Like ULTY But Not Over 50% Yielding YMAX
The YieldMax Universe Fund of Option Income ETFs receives a Sell rating, while the YieldMax Ultra Option Income Strategy ETF is rated Buy. YMAX has outperformed ULTY since ULTY's inception, but its st...
YieldMax® ETFs Announces Distributions on WNTR, MSTY, ULTY, SLTY, SMCY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below.
ULTY: NAV Decay Remains A Big Challenge
The YieldMax Ultra Option Income Strategy ETF offers an ultra-high forward distribution yield of over 80%, targeting investors seeking immediate, recurring weekly income. ULTY generates income by hold...
ULTY: Eye-Popping 88%+ Distribution Yield From Volatile Holdings
The YieldMax Ultra Option Income Strategy ETF provides a monster distribution rate, but it has experienced share price/NAV erosion over time. For a short period, that erosion was reversed, but that wa...
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.
ULTY ETF: Capital Erosion Likely To Worsen In H2 2025
YieldMax Ultra Option Income Strategy ETF's latest dividend payouts signal income pressure and ongoing capital erosion concerns. The pressure is likely to persist in 2H 2025 due to below-average volat...
ULTY ETF is a 117% yielding fund, beating VOO: is it a buy?
The YieldMax Ultra Option Income Strategy ETF (ULTY) has done well this year and is hovering at the highest point on record. ULTY was trading at $5.62, up by over 54% from its lowest level in April th...
ULTY: Looks Compelling At This Price Range
YieldMax Ultra Option Income Strategy ETF offers attractive high-yield income through covered calls and puts, limiting downside risk for investors. ULTY's recent implementation of puts has stabilized ...
ULTY: Strategy Has Improved, But Let's Maintain Realistic Expectations
YieldMax Ultra Option Income Strategy ETF offers an exceptionally high yield (~86.5%) through weekly distributions, attracting income-focused investors. ULTY's strategy shift to holding underlying equ...
ULTY: How YieldMax Reduced NAV Erosion While Sustaining 80%+ Yields
YieldMax Ultra Option Income Strategy ETF has improved performance after a strategic shift, stabilizing NAV and maintaining an 87%+ yield. ULTY now employs diverse option strategies, including collars...
ULTY: 100%+ Yield That Has To Be Ignored
The YieldMax Ultra Option Income Strategy ETF offers extremely high yields through complex synthetic option strategies, but carries significant risk and high fees. ULTY's weekly payouts and synthetic ...
ULTY: The New Strategy Has Worked, But Conditions May Be Shifting
YieldMax Ultra Option Income Strategy ETF has delivered strong recent returns, outperforming QQQ but trailing ARKK since mid-March. ULTY employs a covered call and put-buying strategy on high-volatili...
Why We're Avoiding This 89% Dividend ETF
It's a trap I see investors fall into all the time: pouncing on yields that are so high as to be, frankly, absurd. Case in point: the 89% (not a typo!
YieldMax® ETFs Announces Distributions on ULTY, MARO, SLTY, BABO, DIPS and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group B ETFs listed in the table below.
YieldMax® ETFs Announces Distributions on SNOY, ULTY, GOOY, TSLY, LFGY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below.
YieldMax® ETFs Announces Distributions on SMCY, WNTR, ULTY, MSTY, LFGY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Aug. 27, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 E...
Create Your Own Dividends in Volatile Times
Two funds that I get asked about a lot are JPMorgan Equity Premium Income ETF (JEPI) and YieldMax Ultra Option Income Strategy ETF (ULTY). And no wonder.
YieldMax® ETFs Announces Distributions on PLTY, ULTY, MARO, LFGY, MRNY and Others
CHICAGO and MILWAUKEE and NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group B ETFs listed in the table below. ETF Ticker 1 E...
Behind The Curtain Of ULTY: Why YieldMax's 'Ultra Income' May Be Capital Erosion In Disguise
ULTY's high yields are misleading, as distributions are primarily return of capital, leading to progressive capital erosion for investors. The fund's aggressive covered call strategy limits upside, of...
ULTY: Can't See That The Basic Strategy Works - Or Will
ULTY's headline yields are misleading, as much of the payout is return of capital, leading to capital depletion and negative total returns. The fund's strategy—buying stocks with high implied volatili...
ULTY: Downgrading To Hold As Structural Flaws Surface
I am downgrading ULTY to Hold due to its inferior long-term total returns and poor drawdown mitigation compared to alternatives like YMAX and DIY withdrawals from QQQ and SPY. YieldMax Ultra Option In...
ULTY: A Fund That Should Have Value For More Aggressive Investors
I rate the YieldMax Ultra Option Income Strategy ETF a buy for aggressive investors seeking high income and dynamic options strategies. ULTY has delivered strong recent returns and consistent weekly p...
ULTY: An ETF Most Long-Term Investors Should Probably Avoid
ULTY delivers an eye-catching 126% yield but does so by targeting highly volatile, speculative stocks for option income, increasing risk. This ETF suits short-term income seekers who fully understand ...
ULTY ETF: Why You Shouldn't Pursue Weekly Payouts
ULTY ETF's triple-digit yield and weekly payouts seem like a dream combination for income investors. But total return, instead of current yield, is what investors should ultimately focus on. I see sev...