WNTRYieldMax MSTR Short Option Income Strategy ETF
Seeks current income with inverse exposure to the share price of MicroStrategy Incorporated (MSTR).
By YieldMax ETFs · Launched 2025
Annual Cost
1.00%
#5,360 of 6,040 · expensive
Fund Size
$66M
#3,456 of 6,040 · mid-size
Return (1Y)
+36.7%
Track Record
1 year
#4,206 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$13,444+34.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Option income
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
First American Government Obligs XFGXXX
17.0%
Asset allocation
Cash
39.5%
Other
32.3%
Bonds
25.5%
Stocks
2.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
58.3%High
Year-on-year price swings
Max drawdown
-42.7%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 with inverse exposure to the share price of MicroStrategy Incorporated (MSTR).
- Strategy
- Actively managed ETF that generates options premiums while providing indirect inverse exposure to MSTR's share price. Utilizes a synthetic covered put strategy and may employ credit put spreads to enhance participation in price declines.
- Inception date
- March 26, 2025
- Fund family
- YieldMax ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save WNTR to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18