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MINYYieldMax Strategic Metals & Mining Portfolio Option Income ETF

Get incomeTake a betNewRanked #925 of 949 in this goal

Seeks current income and capital appreciation.

Launched 2026

Annual Cost

#5,854 of 5,854 · expensive

Fund Size

#5,854 of 5,854 · small

Dividend YieldGoal

Track Record

6 months

#5,221 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$7,885-21.1%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 57.1% of fundmoderately concentrated

First American Government Obli
14.1%
VanEck Rare Earth and Strategi
5.9%
Nucor Corp
5.5%
Steel Dynamics Inc
5.1%
MP Materials Corp
4.8%
Albemarle Corp
4.6%
Cameco Corp
4.5%
Uranium Energy Corp
4.2%
Constellation Energy Corp
4.2%
NuScale Power Corp
4.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-22.9%Moderate

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, NYSE American

Full fund details

Objective
Seeks current income and capital appreciation.
Strategy
Actively managed ETF investing in U.S.-listed equity securities of Strategic Metals & Mining Companies while employing options strategies to generate income. The Fund is unconstrained by market capitalization and may include companies from foreign markets, including emerging markets.
Inception date
February 27, 2026

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

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Data updated on 2026-08-03