SLTYYieldmaxTM Ultra Short Option Income Strategy ETF
Seeks current income and inverse exposure to select U.S. listed securities.
By YieldMax ETFs · Launched 2025
1.25%
#5,507 of 5,861 · expensive
$18M
#4,522 of 5,861 · small
—
12 months
#4,590 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income and inverse exposure to select U.S. listed securities.
- Strategy
- Actively managed ETF seeking current income while providing inverse exposure to U.S.-listed equity securities. Constructs a short portfolio and generates options premiums through various options strategies, targeting any market capitalization size.
- Inception date
- August 20, 2025
- Fund family
- YieldMax ETFs
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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
What's next?
You've looked at SLTY. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-04