Key stats
About YieldMax Semiconductor Portfolio Option Income ETF
Home page
Inception date
Apr 2, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
ISIN
US88636R6936
CHPY seeks income and capital appreciation by holding a concentrated portfolio of US-listed semiconductor equities while utilizing various options strategies. The equity portfolio includes 15 to 30 companies of any market capitalization involved in the design, manufacturing, or sale of semiconductors or semiconductor equipment. The adviser considers liquidity, price level, and implied volatility in the selection process. To generate income, the fund utilizes one or multiple options strategies, such as covered calls, put writes, and spreads on some or all of its underlying securities. The adviser has the discretion to use options on related index-tracking ETFs. The use of options impacts the fund's risk-return profile, including its upside potential. The fund's strategy may result in high portfolio turnover.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CHPY assets under management is 40.56 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CHPY invests in stocks. See more details in our Analysis section.
CHPY expense ratio is 0.99%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CHPY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, CHPY pays dividends to its holders with the dividend yield of 15.22%.
CHPY shares are issued by Toroso Investments Topco LLC
CHPY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 2, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.