CVNYYieldMax CVNA Option Income Strategy ETF
Seeks current income and indirect exposure to the share price of Carvana Co. (CVNA).
By YieldMax ETFs · Launched 2025
Annual Cost
1.09%
#5,592 of 6,040 · expensive
Fund Size
$21M
#4,521 of 6,040 · small
Return (1Y)
-4.3%
Track Record
1 year
#4,047 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$9,330-6.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeStrategy
Option income
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
TREASURY BILL
32.7%
TREASURY BILL
28.9%
N/A
17.9%
TREASURY BILL
14.1%
TREASURY BILL
5.5%
First American Government Obli
3.9%
N/A
0.1%
N/A
0.0%
N/A
0.0%
N/A
-0.0%
Asset allocation
Cash
52.8%
Bonds
38.2%
Stocks
11.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
51.5%High
Year-on-year price swings
Max drawdown
-43.3%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 indirect exposure to the share price of Carvana Co. (CVNA).
- Strategy
- Actively managed ETF that seeks current income through options premiums while providing indirect exposure to the share price of Carvana Co. using synthetic covered call and spread strategies. The Fund does not invest directly in CVNA and aims to generate weekly cash distributions.
- Inception date
- January 29, 2025
- Fund family
- YieldMax ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18