YieldMax COIN Option Income Strategy ETF (CONY)
The CONY ETF is an actively managed fund focusing on generating monthly income by selling call options on Coinbase Global, Inc. (COIN). It aims to provide attractive yields while capping participation in COIN's price gains. The primary objective is to seek current income, with a secondary goal of exposure to Coinbase.
ETF Info
88634T782
Aug 14, 2023
1x
No Index (Active)
Distributing
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in YieldMax COIN 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 COIN Option Income Strategy ETF had a return of 39.68% year-to-date (YTD) and 86.07% in the last 12 months.
CONY
39.68%
29.07%
15.00%
86.07%
N/A
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of CONY, 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 | -21.21% | 26.01% | 30.23% | -15.59% | 11.05% | -3.81% | -2.07% | -12.66% | -3.87% | 0.01% | 39.68% | ||
| 2023 | 0.88% | -1.55% | 7.32% | 30.48% | 30.17% | 81.03% |
Expense Ratio
CONY has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CONY is 50, 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 COIN Option Income Strategy ETF (CONY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
YieldMax COIN Option Income Strategy ETF provided a 133.96% dividend yield over the last twelve months, with an annual payout of $21.42 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $21.42 | $4.75 |
Dividend yield | 133.96% | 16.43% |
Monthly Dividends
The table displays the monthly dividend distributions for YieldMax COIN 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 | $2.69 | $1.08 | $1.66 | $2.79 | $2.28 | $1.70 | $1.57 | $1.01 | $1.04 | $1.11 | $2.02 | $18.96 | |
| 2023 | $1.21 | $1.08 | $2.46 | $4.75 |
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 COIN 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 COIN Option Income Strategy ETF was 37.72%, occurring on Sep 6, 2024. Recovery took 45 trading sessions.
The current YieldMax COIN Option Income Strategy ETF drawdown is 8.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.72% | Apr 12, 2024 | 102 | Sep 6, 2024 | 45 | Nov 8, 2024 | 147 |
| -29.06% | Dec 29, 2023 | 25 | Feb 5, 2024 | 19 | Mar 4, 2024 | 44 |
| -13.55% | Sep 15, 2023 | 8 | Sep 26, 2023 | 20 | Oct 24, 2023 | 28 |
| -13.49% | Nov 12, 2024 | 3 | Nov 14, 2024 | — | — | — |
| -9.46% | Oct 25, 2023 | 3 | Oct 27, 2023 | 4 | Nov 2, 2023 | 7 |
Volatility
Volatility Chart
The current YieldMax COIN Option Income Strategy ETF volatility is 32.87%, 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.