DRAYYieldMax DKNG Option Income Strategy ETF
Seeks current income and exposure to the share price of DraftKings Inc. (DKNG).
By YieldMax ETFs · Launched 2025
Annual Cost
1.03%
#5,457 of 6,040 · expensive
Fund Size
$4M
#5,378 of 6,040 · small
Return (1Y)
-48.3%
Track Record
1 year
#4,490 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$5,194-48.1%
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
25.7%
First American Government Obli
25.2%
TREASURY BILL
23.9%
N/A
3.5%
N/A
0.1%
N/A
0.0%
N/A
0.0%
N/A
-0.0%
N/A
-0.3%
N/A
-1.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
46.0%High
Year-on-year price swings
Max drawdown
-57.9%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
- NASDAQ Capital Market, NYSE Arca
Full fund details
- Objective
- Seeks current income and exposure to the share price of DraftKings Inc. (DKNG).
- Strategy
- Actively managed ETF that seeks current income through options premiums while providing indirect exposure to DKNG's share price via synthetic covered call strategies. The Fund aims to generate weekly cash distributions and capture a portion of gains from DKNG's price appreciation.
- Inception date
- July 14, 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