YieldMax ETF Overview & Dividend Information
These ETFs are part of the U.S. YieldMax series using short call (covered call) strategies linked to individual stocks to generate high dividend income, distributed monthly or weekly.
1. TSLY (YieldMax TSLA Option Income Strategy ETF)
Description: Actively managed ETF selling call options on Tesla (TSLA) stock for monthly income.
Dividend Information
- Annual yield: 121.91%
- Total dividends (past 12 months): $9.29/share
- Payment frequency: Monthly
- Recent (2025): Aug: $0.3005, Jul: $0.3873, Jun: $0.4028, May: $0.760...
2. CONY (YieldMax COIN Option Income Strategy ETF)
Description: Covered call strategy on Coinbase (COIN) stock for monthly income.
Dividend Information
- Annual yield: 153.79%
- Total dividends (12 months): $11.15/share
- Payment frequency: Monthly
- Recent (2025): Jul: $0.7951, Jun: $0.5354, May: $0.7351...
3. MSTY (YieldMax MSTR Option Income Strategy ETF)
Description: Sells call options on MicroStrategy (MSTR) shares for monthly income.
Dividend Information
- Annual yield: 138.83%
- Total dividends (12 months): $26.84/share
- Payment frequency: Monthly
- Most recent: Jul 31, 2025
4. NVDY (YieldMax NVDA Option Income Strategy ETF)
Description: Covered call strategy on NVIDIA (NVDA) for monthly dividend income.
Dividend Information
- Annual yield: 79.20%
- Total dividends (12 months): $14.04/share
- Payment frequency: Monthly
- Recent (2025): Jul: $1.0285, Jun: $0.6721, May: $1.6276...
5. ULTY (YieldMax Ultra Option Income Strategy ETF)
Description: Uses covered call strategies on multiple U.S. equities for weekly income.
Dividend Information
- Annual yield: 129.54%
- Total dividends (12 months): $7.82/share
- Payment frequency: Weekly
- Recent (2025): Aug 7: $0.1003, Jul 31: $0.1008, Jul 24: $0.1029...
6. Build a Weekly Income Schedule
Though these ETFs pay monthly, their distribution dates are staggered. By combining multiple funds, you can design a portfolio that delivers income almost every week.
For example:
- Week 1: Receive payout from TSLY
- Week 2: Receive payout from MSTY
- Week 3: Receive payout from PLTY
- Week 4: Receive payout from CONY
ULTY is a primary dividend, so you can receive distributions every week.
This structure mimics a weekly paycheck—appealing for early retirees or income-focused portfolios.
Considerations Before You Invest
Before investing, consider the following:
- Return of Capital (ROC): A portion of the payout may reduce your cost basis, not your gains.
- Volatility Risk: These ETFs are tied to individual stocks and can decline in price significantly.
- Taxation: U.S. and foreign investors should review tax implications, especially on short-term capital gains or ROC.
- Not Buy-and-Hold: These are income-generating tools, not long-term growth investments.
7. Summary
- Strategy: Sell covered calls → collect premiums → distribute as dividends
- Payment frequency: Monthly (TSLY, CONY, MSTY, NVDY), Weekly (ULTY)
- Payout method: Deposited directly into investor brokerage accounts
Visit YieldMax official site for detailed fund information.
Disclaimer: This post is for informational purposes only and does not constitute financial or investment advice.
