NFLY
YieldMax NFLX Option Income Strategy ETF
NFLY seeks to provide current income and capped gains on the Netflix stock (NFLX) 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
$ 87.5 M
ASSETS UNDER MGMT
99 bp
EXPENSES
Fund Basics
| Inception date | Aug 07, 2023 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| UNITED STATES TREASURY BILL 08/06/2026 | 33.4 % |
| UNITED STATES TREASURY BILL 07/09/2026 | 32.7 % |
| UNITED STATES TREASURY BILL 09/03/2026 | 18.2 % |
| UNITED STATES TREASURY BILL 06/11/2026 | 10.5 % |
| CASH & OTHER | 6.9 % |
| NFLX US 05/15/26 C95 | 5.5 % |
| NFLX US 04/02/26 C97 | 0.2 % |
| NFLX US 03/27/26 C98 | 0.0 % |
| NFLX US 03/27/26 C96 | 0.0 % |
| NFLX US 03/27/26 C97 | 0.0 % |
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 | -2.2% | -34.4% | -21.3% | -- | -- | -- | -- | -18.7% |
| Dividend Yield | 5.0% | 31.6% | 43.6% | -- | -- | -- | -- | 44.5% |
| Total Returns | 2.8% | -2.9% | 22.3% | -- | -- | -- | -- | 25.8% | Ann. Volatility | 41.9% | 30.9% | 27.4% | -- | -- | -- | -- | 28.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.61 | 15% |
| MSCI EAFE | 0.56 | 9% |
| MSCI Emg Mkts | 0.40 | 5% |
Liquidity Measures
| Avg. volume (000) | 216 |
| ADV traded (mns) | $2 |
| Turnover | 2.7% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $10.52 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.14/0.19 |
| Bollinger Bands (Upper/Lower) | $11.28/$10.43 |
| Short interest (% of AUM) | 0.6% |
Distributions