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TEST

YieldMax TSLA Performance & Distribution Target 25 ETF·CBOE
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Key Stats
Assets Under Management
2.41MUSD
Fund Flows (1Y)
33.30KUSD
Dividend Yield
5.30%
Discount/Premium to NAV
0.02%
Shares Outstanding
50.00K
Expense Ratio
0.99%
About YieldMax TSLA Performance & Distribution Target 25 ETF
Issuer
Tidal Investments LLC
Brand
YieldMax
Inception Date
Nov 17, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
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Distribution Tax Treatment
Qualified dividends
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
TEST is an actively managed exchange-traded fund that seeks to provide investors with a combination of consistent income and potential capital appreciation. TEST establishes synthetic exposure to TSLA through long call and short put positions, then sells call spreads in an effort to generate recurring weekly income. The portfolio is managed with a growth aware approach that aims to reduce potential NAV drag while maintaining meaningful participation in stock performance.
Classification
Asset Class
Equity
Category
Sector
Focus
Consumer Discretionary
Niche
Automobile Manufacturers
Strategy
Buy-write
Geography
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Weighting Scheme
Single Asset
Selection Criteria
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Returns
1-Month
3-Month
YTD
1-Year
3-Year
5-Year
Price Performance
-4.60%-3.12%-9.08%-3.12%-3.12%-3.12%
NAV Total Return
-5.26%—-6.68%———
Ratings

No data is currently available

Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis

Sector

No data is currently available

Asset

No data is currently available

Region

No data is currently available

Investment Style

No data is currently available

Top 10 Holdings

Symbol

Ratio

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United States Treasury Bill 06/11/2026

25.91%
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United States Treasury Bill 04/09/2026

25.91%
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First American Government Obligations Fund 12/01/2031

16.30%
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Cash & Other

15.52%
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United States Treasury Bill 07/09/2026

13.99%
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United States Treasury Bill 08/06/2026

13.96%
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TESLA I CLL OPT 03/26 460

0.84%
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TSLA 02/20/2026 440.01 C

0.72%
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TSLA US 02/20/26 C500

0.04%
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TSLA US 02/20/26 C460

-0.14%

Top 10 Weight 113.05%

12 Total Holdings

Is SPY better than TEST?
Dividends

Dividend Payout History

Declaration Date
Record Date
Payment Date
Amount
2026-02-032026-02-032026-02-040.243
2026-01-272026-01-272026-01-280.252
2026-01-212026-01-212026-01-220.248
2026-01-132026-01-132026-01-140.251
2026-01-062026-01-062026-01-070.247
2025-12-302025-12-302025-12-310.268
2025-12-232025-12-232025-12-240.271

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How Much Does TEST Pay in Dividends?
Premium/Discount Chart
Assets Under Management
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Fund Flows