Symbols

WNTR

YieldMax MSTR Short Option Income Strategy ETF·ARCA

--(--)

Key Stats

Assets Under Management

70.18MUSD

Fund Flows (1Y)

58.91MUSD

Dividend Yield

60.03%

Discount/Premium to NAV

0.07%

Shares Outstanding

1.80M

Expense Ratio

1.00%

About YieldMax MSTR Short Option Income Strategy ETF

Issuer

Tidal Investments LLC

Brand

YieldMax

Home Page

https://www.yieldmaxetfs.com/our-etfs/wntr/

Inception Date

Mar 26, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

WNTR seeks to benefit when the MSTR share price decreases, however WNTR's potential corresponding benefit from decreases in the MSTR share price is limited. WNTR seeks to manage potential losses (i.e., cap losses if the MSTR share price experiences significant gains) by purchasing OTM call options.The loss capping works only if the MSTR share price rises to or above the strike price of the purchased OTM call options. If the MSTR share price increases but stays below the strike price of these options, WNTR will incur losses proportionate to this price increase, which may be up to 100% of your investment.