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
$ 54.2 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 | 32.3 % |
| UNITED STATES TREASURY BILL 09/03/2026 | 27.1 % |
| UNITED STATES TREASURY BILL 06/11/2026 | 5.7 % |
| NFLX 07/17/2026 90.01 C | 5.1 % |
| CASH & OTHER | 4.0 % |
| NFLX US 05/15/26 C93 | 0.1 % |
| NETFLIX CLL OPT 05/26 92 | 0.1 % |
| NFLX US 05/15/26 C94 | 0.0 % |
| NFLX US 05/15/26 C91 | -0.1 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -14.6% | -45.4% | -21.8% | -- | -- | -- | -- | -21.7% |
| Dividend Yield | 15.0% | 30.7% | 45.2% | -- | -- | -- | -- | 44.6% |
| Total Returns | 0.4% | -14.8% | 23.4% | -- | -- | -- | -- | 22.9% | Ann. Volatility | 34.0% | 27.7% | 27.2% | -- | -- | -- | -- | 28.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.30 | 2% |
| MSCI EAFE | 0.10 | 0% |
| MSCI Emg Mkts | 0.03 | 0% |
Liquidity Measures
| Avg. volume (000) | 107 |
| ADV traded (mns) | $1 |
| Turnover | 1.9% |
| Avg. Bid/Ask (% of price) | 0.15% |
Technical Indicators
| 30d moving avg. (EMA) | $9.92 |
| Relative strength (RSI) | 44 |
| MACD/Signal | -0.21/-0.18 |
| Bollinger Bands (Upper/Lower) | $10.28/$9.33 |
| Short interest (% of AUM) | 0.6% |
Distributions