Skip to content
Beacon

BIGYYieldMax Target 12 Big 50 Option Income ETF

Get income1y track recordRanked #1,444 of 1,650 in this goal

Seeks current income and capital appreciation via investments in the largest U.S. companies.

By YieldMax ETFs · Launched 2024

Annual Cost

1.09%

#5,423 of 5,861 · expensive

Fund Size

$47M

#3,702 of 5,861 · mid-size

Dividend YieldGoal

9.21%

Track Record

1 year

#3,859 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,689+16.9%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 43.5% of fundmoderately concentrated

NVIDIA Corp
6.3%
Apple Inc
6.2%
Alphabet Inc
5.6%
Amazon.com Inc
5.5%
Broadcom Inc
3.7%
Meta Platforms Inc
3.6%
Microsoft Corp
3.4%
Walmart Inc
3.3%
JPMorgan Chase & Co
3.1%
Texas Instruments Inc
2.8%

Asset allocation

Stocks
98.6%
Cash
1.3%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
11.3%Moderate

Year-on-year price swings

Max drawdown
-50.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.37Below average
Sortino (3Y)
0.55Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks current income and capital appreciation via investments in the largest U.S. companies.
Strategy
Actively managed ETF investing primarily in equity securities of the Big 50 Companies, utilizing options strategies to generate premiums. The portfolio is concentrated in the information technology sector and aims for monthly distributions based on a target annual cash distribution level of 12%.
Inception date
November 20, 2024
Fund family
YieldMax ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've looked at BIGY. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

See other funds for this goal

Data updated on 2026-08-04