MSSTYieldMax MSTR Performance & Distribution Target 25 ETF

Get income Take a betNewRanked #934 of 995 in this goal

Seeks current income, with a secondary objective of indirect exposure to MicroStrategy (MSTR) share price, generally subject to a limit on gains.

By YieldMax ETFs · Launched 2025

Annual Cost

0.99%

#5,284 of 6,040 · expensive

Fund Size

$3M

#5,498 of 6,040 · small

Return (1Y)

N/A

Track Record

10 months

#4,874 of 6,040 · young

Performance

Total-return NAV · USD

Growth of $10,000

$7,034-29.7%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

Holdings

By weight

Concentration

single-stock exposure — holdings shown are derivatives collateral, not the fund's position

First American Government Obligs XFGXXX

4.8%

Asset allocation

Bonds

38.5%

Cash

32.0%

Other

14.9%

Stocks

14.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-57.8%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: Cboe BZX

Full fund details

Objective: Seeks current income, with a secondary objective of indirect exposure to MicroStrategy (MSTR) share price, generally subject to a limit on gains.
Strategy: Actively managed ETF combining synthetic long exposure to MicroStrategy (MSTR) common stock — built from long call and short put options — with options strategies, most often a covered call spread, that sell options to generate weekly premiums targeting a 25% annual cash distribution. Maintains 50-100% in cash, money market funds, or U.S. Treasuries as collateral for the derivative positions.
Inception date: November 17, 2025
Fund family: YieldMax ETFs