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RDYYYieldMax(R) RDDT Option Income Strategy ETF

Get incomeNewRanked #1,421 of 1,650 in this goal

Seeks current income.

By YieldMax ETFs · Launched 2025

Annual Cost

1.01%

#5,243 of 5,861 · expensive

Fund Size

$15M

#4,674 of 5,861 · small

Dividend YieldGoal

—

Track Record

11 months

#4,615 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$5,823-41.8%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 111.0% of fundconcentrated

TREASURY BILL
51.5%
TREASURY BILL
21.4%
TREASURY BILL
16.4%
First American Government Obli
9.0%
N/A
7.9%
N/A
3.1%
N/A
2.2%
N/A
0.1%
N/A
-0.3%
N/A
-0.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-51.2%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.
Strategy
Actively managed ETF that seeks current income through synthetic covered call and spread strategies, providing indirect exposure to Reddit, Inc.'s share price returns. The strategy aims to generate income from option premiums while participating in a portion of the gains of the Underlying Security.
Inception date
September 8, 2025
Fund family
YieldMax ETFs

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 2026-08-04