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 | Tidal |
| Inception Date | Jul 24, 2023 |
| Category | Options Trading |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | www.yieldmaxetfs.com |
| Asset Class | Alternatives |
Expense Ratio
The YieldMax AMZN Option Income Strategy ETF has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 14.75% | 5.84% |
| 1 month | -2.04% | -2.98% |
| 6 months | 38.96% | 22.02% |
| 1 year | N/A | 24.47% |
| 5 years (annualized) | N/A | 11.44% |
| 10 years (annualized) | N/A | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.27% | 14.24% | 3.59% | |||||||||
| 2023 | -6.61% | 6.67% | 5.01% | 4.55% |
Risk-Adjusted Performance
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.
Not enough dataDividends
Dividend History
YieldMax AMZN Option Income Strategy ETF granted a 20.44% dividend yield in the last twelve months. The annual payout for that period amounted to $4.51 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $4.51 | $2.12 |
Dividend yield | 20.44% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.37 | $0.68 | $0.64 | |||||||||
| 2023 | $0.47 | $0.63 | $0.54 | $0.47 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 12.25%, occurring on Oct 26, 2023. Recovery took 11 trading sessions.
The current YieldMax AMZN Option Income Strategy ETF drawdown is 6.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.25% | Sep 15, 2023 | 30 | Oct 26, 2023 | 11 | Nov 10, 2023 | 41 |
| -6.72% | Apr 12, 2024 | 10 | Apr 25, 2024 | — | — | — |
| -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 |
| -3.3% | Aug 1, 2023 | 2 | Aug 2, 2023 | 2 | Aug 4, 2023 | 4 |
Volatility
Volatility Chart
The current YieldMax AMZN Option Income Strategy ETF volatility is 5.28%, 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.