Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs
You take care of your investments. We like that.
Upgrade to Premium to access your Watchlist and more.
Or Login to Your Premium Account

YieldMaxTM Bitcoin Option Income Strategy ETF

ETF
YBIT
Payout Change
Pending
Price as of:
$12.92 +0.13 +1.02%
primary theme
N/A
YBIT (ETF)

YieldMaxTM Bitcoin Option Income Strategy ETF

Payout Change
Pending
Price as of:
$12.92 +0.13 +1.02%
primary theme
N/A
YBIT (ETF)

YieldMaxTM Bitcoin Option Income Strategy ETF

Payout Change
Pending
Price as of:
$12.92 +0.13 +1.02%
primary theme
N/A

Name

As of 01/03/2025

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

YieldMaxTM Bitcoin Option Income Strategy ETF

YBIT | ETF

$12.92

$114 M

68.76%

$8.51

0.99%

Vitals

YTD Return

3.4%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$114 M

Holdings in Top 10

79.9%

52 WEEK LOW AND HIGH

$12.8
$11.75
$21.42

Expenses

OPERATING FEES

Expense Ratio 0.99%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 01/03/2025

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

YieldMaxTM Bitcoin Option Income Strategy ETF

YBIT | ETF

$12.92

$114 M

68.76%

$8.51

0.99%

YBIT - Profile

Distributions

  • YTD Total Return 3.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 68.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    YieldMaxTM Bitcoin Option Income Strategy ETF
  • Fund Family Name
    N/A
  • Inception Date
    Apr 23, 2024
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

In addition to employing its synthetic options strategies described above, the Fund may achieve similar indirect exposure to each Underlying ETP by purchasing deep in-the-money (ITM) call options. Deep ITM call options have strike prices significantly below the current share price of the corresponding Underlying ETP, allowing the Fund to replicate the price movements of the Underlying ETP with minimal intrinsic value risk. The deep ITM call option approach may serve as an alternative to the synthetic long strategy or may be used in conjunction with it, depending on market conditions and the Sub-Adviser’s discretion. 

The table under the section entitled, “Fund Portfolio,” is amended and restated in its entirety to read as follows:

YieldMax Bitcoin Income Strategy ETF – Principal Holdings
Portfolio Holdings Investment Terms Expected Target Maturity
Long Exposure (synthetic long strategy) - Purchase Calls & Sell Puts Approach

Purchased call option contracts

“at-the-money” (i.e., the strike price is equal to the then-current share price of an Underlying ETP at the time of purchase) to provide exposure to positive price returns of the Underlying ETP.

If the share price of an Underlying ETP increases, these options will generate corresponding increases to the Fund.  

 1-month to 6-month expiration dates

Sold put option contracts

“at-the-money” (i.e., the strike price is equal to the then-current share price of their corresponding Underlying ETP at the time of sale).

They are sold to help pay for the purchased call options described above.

However, the sold put option contracts provide exposure to the full extent of any share price losses experienced by the corresponding Underlying ETP.  

 1-month to 6-month expiration dates
Long Exposure (synthetic long strategy) - Deep ITM Call Approach
Purchased deep ITM call option contracts The strike price is set significantly below the then-current share price of the Underlying ETP at the time of purchase. 1-month or less expiration dates
Covered Call Writing

Sold (short) call option contracts (Standard Strategy)

The strike price is approximately 0%-15% more than the then-current share price of a particular Underlying ETP at the time of sale.

They generate current income. However, they also limit some potential positive returns that the Fund may have otherwise experienced from gains in the share price of a particular Underlying ETP.  

 1-month or less expiration dates

Sold (short) call option contracts (Opportunistic Strategy)

The strike price is approximately 0%-15% more than the then-current share price of an Underlying ETP at the time of sale.

Sold call option contracts provide inverse exposure to the full extent of any increases in the value experienced by an Underlying ETP, minus the premium received. 

 1-month or less expiration dates
Purchased call option contracts (Opportunistic Strategy)

“out-of-the-money” (i.e., the strike price is above the strike price of the corresponding Opportunistic Strategy sold call).

Bought call option contracts provide exposure to the full extent of any increases in the value experienced by an Underlying ETP above the option’s strike price. 

 1-month or less expiration dates
U.S. Treasuries
U.S Treasury Securities and Cash

Multiple series of U.S. Treasury Bills supported by the full faith and credit of the U.S. government.

These instruments are used as collateral for the Fund’s derivative investments.

They will also generate income.  

 6-month to 2-year maturities
Read More

YBIT - Performance

Return Ranking - Trailing

Period YBIT Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period YBIT Return Category Return Low Category Return High Rank in Category (%)
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period YBIT Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period YBIT Return Category Return Low Category Return High Rank in Category (%)
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A

YBIT - Holdings

Concentration Analysis

YBIT Category Low Category High YBIT % Rank
Net Assets 114 M N/A N/A N/A
Number of Holdings 8 N/A N/A N/A
Net Assets in Top 10 38.3 M N/A N/A N/A
Weighting of Top 10 79.92% N/A N/A N/A

Top 10 Holdings

  1. United States Treasury Note/Bond 29.27%
  2. United States Treasury Note/Bond 29.15%
  3. United States Treasury Note/Bond 24.49%
  4. United States Treasury Note/Bond 22.61%
  5. First American Government Obligations Fund 6.69%
  6. ProShares Bitcoin ETF 0.18%
  7. ProShares Bitcoin ETF -0.03%
  8. BITO 11/15/2024 26.01 P -32.45%

Asset Allocation

Weighting Return Low Return High YBIT % Rank
Bonds 		105.53% N/A N/A N/A
Cash 		26.77% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Other 		-32.30% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High YBIT % Rank
Cash & Equivalents 		6.69% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A
Derivative 		-32.30% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High YBIT % Rank
US 		105.53% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

YBIT - Expenses

Operational Fees

YBIT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.99% N/A N/A N/A
Management Fee 0.99% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

YBIT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

YBIT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

YBIT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

YBIT - Distributions

Dividend Yield Analysis

YBIT Category Low Category High YBIT % Rank
Dividend Yield 68.76% N/A N/A N/A

Dividend Distribution Analysis

YBIT Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

YBIT Category Low Category High YBIT % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

YBIT Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

YBIT - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×