YieldMax AMZN Option Income Strategy ETF (AMZY)
The ETF aims to generate monthly income by selling call options on AMZN, with a strategy focused on maximizing yields while limiting exposure to price gains of AMZN. The primary objective is current income, with a secondary objective of exposure to AMZN's stock price, constrained by a cap on potential gains.
ETF Info
| CUSIP | 88634T840 |
|---|---|
| Issuer | YieldMax |
| Inception Date | Jul 24, 2023 |
| Category | Options Trading |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | www.yieldmaxetfs.com |
| Asset Class | Alternatives |
Expense Ratio
AMZY has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: AMZY vs. AMZP, AMZY vs. AMZN, AMZY vs. MSFO, AMZY vs. APLY, AMZY vs. JEPQ, AMZY vs. CONY, AMZY vs. XRMI, AMZY vs. FBY, AMZY vs. AMD, AMZY vs. MORT
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in YieldMax AMZN Option Income Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
YieldMax AMZN Option Income Strategy ETF had a return of 31.58% year-to-date (YTD) and 39.77% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 31.58% | 25.82% |
| 1 month | 8.22% | 3.20% |
| 6 months | 4.83% | 14.94% |
| 1 year | 39.77% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of AMZY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.27% | 14.24% | 3.59% | -2.31% | 4.25% | 3.39% | -1.65% | -4.25% | 2.48% | 0.20% | 31.58% | ||
| 2023 | 2.89% | 5.13% | -6.61% | 6.67% | 5.01% | 4.55% | 18.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AMZY is 55, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for YieldMax AMZN Option Income Strategy ETF (AMZY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
YieldMax AMZN Option Income Strategy ETF provided a 36.64% dividend yield over the last twelve months, with an annual payout of $7.45 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $7.45 | $2.12 |
Dividend yield | 36.64% | 9.90% |
Monthly Dividends
The table displays the monthly dividend distributions for YieldMax AMZN Option Income Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.37 | $0.68 | $0.64 | $0.70 | $0.97 | $0.95 | $0.77 | $0.47 | $0.66 | $0.76 | $0.00 | $6.98 | |
| 2023 | $0.47 | $0.63 | $0.54 | $0.47 | $2.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the YieldMax AMZN Option Income Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the YieldMax AMZN Option Income Strategy ETF was 16.41%, occurring on Aug 5, 2024. Recovery took 66 trading sessions.
The current YieldMax AMZN Option Income Strategy ETF drawdown is 1.45%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.41% | Jul 8, 2024 | 21 | Aug 5, 2024 | 66 | Nov 6, 2024 | 87 |
| -12.25% | Sep 15, 2023 | 30 | Oct 26, 2023 | 11 | Nov 10, 2023 | 41 |
| -6.72% | Apr 12, 2024 | 10 | Apr 25, 2024 | 5 | May 2, 2024 | 15 |
| -5.81% | Aug 8, 2023 | 13 | Aug 24, 2023 | 11 | Sep 11, 2023 | 24 |
| -5.3% | Dec 28, 2023 | 5 | Jan 4, 2024 | 13 | Jan 24, 2024 | 18 |
Volatility
Volatility Chart
The current YieldMax AMZN Option Income Strategy ETF volatility is 7.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.