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DDDDYieldMax U.S. Stocks Target Double Distribution ETF

Get incomeRanked #1,589 of 1,622 in this goal

Seeks current income.

Annual Cost

#5,562 of 5,562 · expensive

Fund Size

#5,562 of 5,562 · small

Dividend YieldGoal

Track Record

#5,562 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,403+4.0%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

Index tracked

Dow Jones US Dividend 100 Index

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-2.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca, NYSE American

Full fund details

Objective
Seeks current income.
Strategy
Invests primarily in shares of SCHD to seek income and capital appreciation. Employs options strategies to generate premiums, targeting an annualized distribution level of approximately double SCHD's yield.

Our take

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

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

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

Why we flagged this: strategy=option_income + option_income_strategy

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

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Data updated on 2026-06-19