HOOYYieldMax HOOD Option Income Strategy ETF
Seeks current income while providing indirect exposure to the share price of Robinhood Markets, Inc.
By YieldMax ETFs · Launched 2025
Annual Cost
0.99%
#5,284 of 6,040 · expensive
Fund Size
$118M
#2,932 of 6,040 · mid-size
Return (1Y)
-9.6%
Track Record
1 year
#4,304 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$8,920-10.8%
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
36.1%
TREASURY BILL
22.6%
TREASURY BILL
11.8%
TREASURY BILL
11.1%
N/A
11.0%
First American Government Obli
7.6%
TREASURY BILL
6.0%
N/A
0.1%
N/A
0.1%
N/A
0.0%
Asset allocation
Bonds
52.0%
Cash
29.4%
Other
11.2%
Stocks
7.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
59.1%High
Year-on-year price swings
Max drawdown
-51.5%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 while providing indirect exposure to the share price of Robinhood Markets, Inc.
- 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 Robinhood Markets, Inc. The strategy captures a portion of potential gains but is subject to losses if the share price decreases.
- Inception date
- May 7, 2025
- Fund family
- YieldMax ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save HOOY to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18