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
Expense Ratio
CONY 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
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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 36.03% year-to-date (YTD) and 43.01% in the last 12 months.
CONY
36.03%
-7.75%
16.57%
43.01%
N/A
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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% | 11.06% | -3.82% | -2.07% | -12.66% | -3.87% | 0.01% | 50.72% | 36.03% | |
| 2023 | 0.88% | -1.55% | 7.32% | 30.48% | 30.18% | 81.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CONY is 47, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
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 141.44% dividend yield over the last twelve months, with an annual payout of $20.30 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $20.30 | $4.75 |
Dividend yield | 141.44% | 16.44% |
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 | $1.34 | $20.30 |
| 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 15.37%.
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 |
| -16.9% | Dec 9, 2024 | 9 | Dec 19, 2024 | — | — | — |
| -13.55% | Sep 15, 2023 | 8 | Sep 26, 2023 | 20 | Oct 24, 2023 | 28 |
| -13.49% | Nov 12, 2024 | 3 | Nov 14, 2024 | 13 | Dec 4, 2024 | 16 |
Volatility
Volatility Chart
The current YieldMax COIN Option Income Strategy ETF volatility is 19.56%, 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.