YieldMax BABA Option Income Strategy ETF
$7.32−0.27 (−3.50%)
- Expense ratio
- 1.00%
- Fund size
- $14M
- 1Y return
- −24.5%
- Yield · Last 12 months
- 94.50%
- Holdings
- 16
- Volume · 30D
- 0M sh
- NAV per share
- $7.56
- 52W range
The ETF.net BABO Grade
Score 64 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 83Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 70Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 35Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 51Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 54Category rank
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
- 16
- 120%
- United States Treasury Note/Bond 2.375% 05/15/2027
Geography
BABO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | −19.2% |
| 1 month | −2.8% |
| 3 months | +7.5% |
| 1 year | −24.5% |
| 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 | −19.2% | |
| 2025 | +47.4% | |
| 2024 | +1.9% |
BABO in the news
ETF.net Research hasn’t filed on BABO yet — coverage lands here as it’s written.
BABO Dividends
- 94.50%
- $7.16
- $0.06 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.06 |
| Sep 10, 2026 | Sep 11, 2026 | $0.05 |
| Sep 3, 2026 | Sep 4, 2026 | $0.06 |
| Aug 27, 2026 | Aug 28, 2026 | $0.07 |
| Aug 20, 2026 | Aug 21, 2026 | $0.08 |
| Aug 13, 2026 | Aug 14, 2026 | $0.10 |
| Aug 6, 2026 | Aug 7, 2026 | $0.16 |
| Jul 30, 2026 | Jul 31, 2026 | $0.12 |
| Jul 23, 2026 | Jul 24, 2026 | $0.08 |
| Jul 16, 2026 | Jul 17, 2026 | $0.07 |
| Jul 9, 2026 | Jul 10, 2026 | $0.06 |
| Jul 2, 2026 | Jul 6, 2026 | $0.05 |
BABO Risk
- 41.6%
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.
- 0.29
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.
- 0.48
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
- The middle half of Single-Stock Option Income funds
- Median 1.07%
14 of the 71 Single-Stock Option Income funds charge less.