YieldMax COIN Option Income Strategy ETF

The YieldMax COIN Option Income Strategy ETF (CONY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on COIN. The following presents an analysis of this ETF: 1. **Investment Strategy and Risk**: - The fund's strategy is to harvest compelling yields while retaining capped participation in COIN's price gains. However, this strategy also means that the fund's potential gains are capped, and it is subject to all potential losses if COIN shares decrease in value. - The ETF is non-diversified, which increases its risk as it does not spread investments across a range of assets. 2. **Recent Performance and Yield**: - As of the latest data, CONY has an expense ratio of 0.99% and an Assets Under Management of $1.4 billion. - The 30-Day SEC Yield for CONY is 3.53%, indicating the net investment income earned by the ETF over a 30-day period expressed as an annual percentage rate. 3. **Dividend Distribution**: - CONY has declared a monthly dividend of $0.5354 per share, with a pay date of June 27, 2025, for shareholders of record as of June 26, 2025, and an ex-dividend date of June 26, 2025. 4. **Market Position and Risk Considerations**: - The ETF's primary investment objective is to seek current income, which may not be suitable for all investors, especially those seeking capital appreciation. - The fund does not invest directly in COIN but rather uses an options strategy, which