AIYY
YieldMax AI Option Income Strategy ETF
AIYY seeks to provide current income and capped gains on the C3 ai, Inc. stock (AI) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
$ 23.2 M
ASSETS UNDER MGMT
99 bp
EXPENSES
Fund Basics
| Inception date | Nov 27, 2023 |
| Regulation | |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | |
| Derivatives-based | Yes |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| UNITED STATES TREASURY BILL 07/09/2026 | 94.1 % |
| CASH & OTHER | 9.1 % |
| UNITED STATES TREASURY BILL 09/03/2026 | 8.3 % |
| UNITED STATES TREASURY BILL 08/06/2026 | 7.4 % |
| UNITED STATES TREASURY BILL 04/09/2026 | 1.5 % |
| AI US 04/17/26 C10 | 1.3 % |
| AI US 03/27/26 C9 | 0.1 % |
| AI US 03/27/26 C8.5 | -0.8 % |
| AI 04/17/2026 10.01 P | -20.9 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -41.3% | -81.4% | -76.9% | -- | -- | -- | -- | -73.4% |
| Dividend Yield | 5.8% | 18.7% | 21.3% | -- | -- | -- | -- | 23.0% |
| Total Returns | -35.5% | -62.7% | -55.6% | -- | -- | -- | -- | -50.5% | Ann. Volatility | 70.0% | 55.5% | 51.3% | -- | -- | -- | -- | 50.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.58 | 30% |
| MSCI EAFE | 1.59 | 22% |
| MSCI Emg Mkts | 1.59 | 27% |
Liquidity Measures
| Avg. volume (000) | 42 |
| ADV traded (mns) | $0 |
| Turnover | 1.8% |
| Avg. Bid/Ask (% of price) | 0.29% |
Technical Indicators
| 30d moving avg. (EMA) | $10.97 |
| Relative strength (RSI) | 35 |
| MACD/Signal | -0.59/-0.63 |
| Bollinger Bands (Upper/Lower) | $11.04/$9.76 |
| Short interest (% of AUM) | 1.1% |
Distributions