YieldMax BABA Option Income Strategy ETF
BThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$7.13−0.01 (−0.14%)
- 1.00%
- $13M
- −23.6%
- 75.80%
- 0M sh
- $7.15
- low $6.90high $16.65
The ETF.net BABO Grade
B
Score 64 out of 100
- 11 of 72
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A83 out of 100Rank 6 of 72Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 7 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 41 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 38 of 72Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 38 of 72
Our read on BABO
BAlibaba, repackaged as a monthly paycheck. BABO sells weekly call spreads on BABA, trading away part of the upside for option premium, then pays cash out monthly.
BABO is actively managed to generate weekly income by selling call spreads on Alibaba Group Holding Ltd (BABA).
Why people hold it
- It sells spreads, not naked calls: a long call sits above the short one, so the upside surrendered above that upper strike is defined rather than open-ended.yieldmaxetfs.com
- Premium is written weekly, cash goes out monthly, and the book is actively managed rather than run off a fixed index formula.yieldmaxetfs.com
- The fee is 1.00%, at the lower end of the single-stock income crowd and a shade under YieldMax siblings like TSMY and BRKC.
- Inside a crowded field of single-stock option income funds, this is one of the stronger implementations of the idea.
Worth knowing
- Everything rides one stock: Alibaba. Premium cushions the ride, but a rough stretch in BABA still shows up here.
- Exposure is synthetic, built from options on BABA rather than the shares, so there is no stock ownership, no underlying dividend, and roll mechanics matter.yieldmaxetfs.com
- A smaller, lightly traded fund launched in 2024, so quoted spreads can run wider than the headline ETFs and the history to judge it by is short.
BABO Holdings
- Other
- 7
- 120%
- United States Treasury Note/Bond 2.375% 05/15/2027
Geography
- United States100.00%
BABO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
BABO$7,635
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BABO |
|---|---|
| Year to date | −22.4% |
| 1 month | −0.2% |
| 3 months | −1.6% |
| 1 year | −23.6% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BABO |
|---|---|---|
| 2026 YTD | −22.4% | |
| 2025 | +47.4% | |
| 2024 | +1.9% |
BABO in the news
BABO Dividends
- 75.80%
- $5.41
- $0.04 per share
- Weekly
Distribution history
BABO Risk
- 41.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.22
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −42.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.50
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BABO Cost
1.00%
BABO1.00%
- The middle half of Single-Stock Option Income funds
- Median 1.07%
14 of the 71 Single-Stock Option Income funds charge less.
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- BMRNYYieldMax MRNA Option Income Strategy ETFExpense ratio 1.00%1 year return +477.1%
- BJPOYieldMax JP Option Income Strategy ETFExpense ratio 1.04%1 year return —