YieldMax Target 12 Big 50 Option Income ETF
$52.58−0.28 (−0.54%)
- Expense ratio
- 1.09%
- Fund size
- $33M
- 1Y return
- +12.8%
- Yield · Last 12 months
- 11.92%
- Volume · 30D
- 0M sh
- NAV per share
- $52.92
- 52W range
The ETF.net BIGY Grade
Score 42 of 100 sits in the C 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.FScore 20Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 54Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 62Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 60Category rank
Our read on BIGY
CYieldMax made its name on single-stock option income. BIGY is the calmer cousin: it owns 50 of the largest US companies outright, sells options against them, and aims at a stated 12% annual payout delivered monthly.
The actively managed ETF seeks current income through a targeted 12% annual cash-distribution level and secondary capital appreciation from a portfolio of 50 of the largest U.S. companies. It uses options on those equity holdings to generate premiums while retaining direct equity exposure.
Why people hold it
- Real shares underneath. The fund holds direct equity in 50 of the biggest US companies and writes options on those positions, so stock exposure sits alongside the premium income.yieldmaxetfs.com
- The payout is a declared target, not a leftover: 12% a year, paid monthly, rather than a distribution that lurches around with whatever option premiums happen to be that month.yieldmaxetfs.com
- A diversified large-cap base, not a single-name bet, is why it lands in the upper half of a crowded active option-income field on portfolio quality and tradability.
Worth knowing
- The fee is 1.09% a year, above the typical active option-income fund and well above cheaper peers such as PAPI (0.29%) and DIVO (0.56%).
- YieldMax discloses that distributions can include return of capital, so part of a monthly payment may be your own investment coming back rather than income the portfolio earned.yieldmaxetfs.com
- Launched in November 2024, so the track record is short, and it trades lighter than the category's largest funds. Writing calls also gives up part of the upside in those 50 stocks.
BIGY Holdings
- Stocks
- —
- 44%
- AAPL
Sectors
- Technology34.7%
- Financials12.6%
- Health Care12.3%
- Communication10.8%
- Cons. Staples10.1%
- Consumer Discr.9.8%
- Industrials5.1%
- Energy4.5%
Geography
- United States100.00%
BIGY 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 | BIGY |
|---|---|
| Year to date | +9.0% |
| 1 month | +2.0% |
| 3 months | +4.7% |
| 1 year | +12.8% |
| 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 | BIGY |
|---|---|---|
| 2026 YTD | +9.0% | |
| 2025 | +19.1% | |
| 2024 | +0.2% |
BIGY in the news
ETF.net Research hasn’t filed on BIGY yet — coverage lands here as it’s written.
BIGY Dividends
- 11.92%
- $6.30
- $0.53 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 2, 2026 | Sep 3, 2026 | $0.53 |
| Aug 5, 2026 | Aug 6, 2026 | $0.52 |
| Jul 8, 2026 | Jul 9, 2026 | $0.53 |
| Jun 3, 2026 | Jun 4, 2026 | $0.54 |
| May 6, 2026 | May 7, 2026 | $0.52 |
| Apr 8, 2026 | Apr 9, 2026 | $0.49 |
| Mar 4, 2026 | Mar 5, 2026 | $0.51 |
| Feb 4, 2026 | Feb 5, 2026 | $0.53 |
| Dec 31, 2025 | Jan 2, 2026 | $0.53 |
| Dec 3, 2025 | Dec 4, 2025 | $0.53 |
| Nov 5, 2025 | Nov 6, 2025 | $0.54 |
| Oct 8, 2025 | Oct 8, 2025 | $0.53 |
BIGY Risk
- 12.3%
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.
- 0.85
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.
- −18.9%
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.
- 0.90
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BIGY Cost
- The middle half of Active Option Income funds
- Median 0.95%
37 of the 47 Active Option Income funds charge less.