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BABOYieldMax BABA Option Income Strategy ETF

Get incomeTake a bet2y track recordRanked #452 of 995 in this goal

Seeks current income and exposure to the share price of Alibaba Group (BABA).

By YieldMax ETFs · Launched 2024

Annual Cost

1.00%

#5,360 of 6,040 · expensive

Fund Size

$25M

#4,392 of 6,040 · small

Return (1Y)

-27.4%

Track Record

2 years

#3,652 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$7,146-28.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

Holdings

By weight

Concentration

single-stock exposure — holdings shown are derivatives collateral, not the fund's position

TREASURY BILL
29.2%
TREASURY BILL
23.4%
TREASURY BILL
19.7%
TREASURY BILL
12.2%
N/ABABA 3 C160
9.8%
TREASURY BILL
7.7%
First American Government Obli
2.4%
N/ABABA 2 C187.5
0.0%
N/ABABA 1 C185
0.0%
N/ABABA 1 C177.5
0.0%

Asset allocation

Bonds
71.8%
Cash
56.0%
Other
3.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
35.1%High

Year-on-year price swings

Max drawdown
-42.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks current income and exposure to the share price of Alibaba Group (BABA).
Strategy
Actively managed ETF that seeks current income through a synthetic covered call strategy and synthetic covered call spread strategy, generating options premiums while providing indirect exposure to the share price of Alibaba Group. The strategy aims to capture a portion of potential gains from the Underlying Security's price appreciation.
Inception date
August 7, 2024
Fund family
YieldMax ETFs

Next steps

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Data updated on 2026-09-18