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.
Option Income
DERIVATIVES
Active
MANAGEMENT STYLE
$ 38.8 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 07/08/2027 | 41.4 % |
| UNITED STATES TREASURY BILL 02/18/2027 | 26.3 % |
| UNITED STATES TREASURY NOTE/BOND 2.375% 05/15 | 22.0 % |
| NFLX 09/18/2026 77.01 C | 7.3 % |
| CASH & OTHER | 4.5 % |
| NFLX US 09/04/26 C84 | 0.1 % |
| NFLX US 09/04/26 C86 | 0.0 % |
| NFLX US 09/04/26 C83 | -0.3 % |
| NFLX 09/18/2026 77.01 P | -0.4 % |
| NFLX US 09/04/26 C81 | -0.9 % |
Historical Performance
Standardized Performance (as of 08/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -34.5% | -53.3% | -32.3% | -26.6% | -- | -- | -- | -26.3% |
| Dividend Yield | 20.8% | 22.8% | 37.1% | 41.5% | -- | -- | -- | 40.7% |
| Total Returns | -13.7% | -30.5% | 4.8% | 14.9% | -- | -- | -- | 14.4% | Ann. Volatility | 29.6% | 28.8% | 28.2% | 28.2% | -- | -- | -- | 28.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.23 | 1% |
| MSCI EAFE | 0.02 | 0% |
| MSCI Emg Mkts | -0.05 | 0% |
Liquidity Measures
| Avg. volume (000) | 51 |
| ADV traded (mns) | $0 |
| Turnover | 1.0% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| 30d moving avg. (EMA) | $7.60 |
| Relative strength (RSI) | 48 |
| MACD/Signal | 0.01/-0.06 |
| Bollinger Bands (Upper/Lower) | $7.88/$6.93 |
| Short interest (% of AUM) | 1.5% |
Distributions