Key stats
About YieldMax HIMS Option Income Strategy ETF
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Inception date
Sep 22, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US88636V4547
HIYY aims to generate monthly income while providing exposure to the price returns of the Hims & Hers Health, Inc. stock (HIMS), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of HIMS by purchasing and selling at-the-money calls and puts that have one- to six-month terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approximately 0%-15% above HIMS current share price. This limits participation in potential gains if HIMS shares increase in value. The short put positions fully expose investors to the downside of the stock. Note: the fund does not invest directly in Hims & Hers Health, Inc. stock. Thus, investors are not entitled to any HIMS dividends.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Rights & Warrants
Bonds, Cash & Other100.00%
Government79.04%
Rights & Warrants14.92%
Mutual fund4.87%
Cash1.17%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
HIYY top holdings are United States Treasury Bills 0.0% 06-AUG-2026 and United States Treasury Bills 0.0% 03-SEP-2026, occupying 30.53% and 29.92% of the portfolio correspondingly.
HIYY last dividends amounted to 0.24 USD. The week before, the issuer paid 0.30 USD in dividends, which shows a 22.11% decrease.
HIYY assets under management is 35.14 M USD. It's risen 1.06 K% over the last month.
HIYY fund flows account for 57.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HIYY pays dividends to its holders with the dividend yield of 66.08%. The last dividend (Apr 17, 2026) amounted to 0.24 USD. The dividends are paid weekly.
HIYY shares are issued by TFG Parent Holdings LLC under the brand YieldMax. The ETF was launched on Sep 22, 2025, and its management style is Active.
HIYY expense ratio is 1.01% meaning you'd have to pay 1.01% of your investment to help manage the fund.
HIYY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HIYY invests in bonds.
HIYY price has risen by 2.38% over the last month, and its yearly performance shows a −65.03% decrease. See more dynamics on HIYY price chart.
NAV returns, another gauge of an ETF dynamics, showed a −12.57% decrease in three-month performance and has decreased by −14.47% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −12.57% decrease in three-month performance and has decreased by −14.47% in a year.
HIYY trades at a premium (1.36%) meaning the ETF is trading at a higher price than the calculated NAV.