YieldMax Target 12 Big 50 Option Income ETF
$52.79−0.14 (−0.26%)
- 1.09%
- $33M
- +16.6%
- 11.92%
- 0M sh
- $52.93
- low $47.33high $54.64
The ETF.net BIGY Grade
C
Score 42 out of 100
- 29 of 51
Score 42 of 100 falls in the C 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.F22 out of 100Rank 40 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 18 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 23 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C48 out of 100Rank 26 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 23 of 51
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
- 111
- 60%
- MSFT
Sectors
- Technology44.3%
- Communication13.4%
- Consumer Discretionary10.1%
- Financials9.9%
- Health Care7.7%
- Industrials6.9%
- Consumer Staples5.2%
- Energy2.5%
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.
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BIGY$11,660
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 | BIGY |
|---|---|
| Year to date | +10.3% |
| 1 month | +2.4% |
| 3 months | +3.5% |
| 1 year | +16.6% |
| 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 | BIGY |
|---|---|---|
| 2026 YTD | +10.3% | |
| 2025 | +19.1% | |
| 2024 | +0.2% |
BIGY in the news
Category Review
The payout and the result came apart in option-income funds
BIGY Dividends
- 11.92%
- $6.31
- $0.53 per share
- Monthly
Distribution history
BIGY Risk
- 12.0%
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.
- 0.84
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
1.09%
BIGY1.09%
- The middle half of Active Option Income funds
- Median 0.95%
39 of the 51 Active Option Income funds charge less.
Other funds in Active Option Income
- CDRKYVistaShares Target 15 DRUKMacro Distribution ETFExpense ratio 0.95%1 year return +27.2%
- CACKYVistaShares Target 15 ACKtivist Distribution ETFExpense ratio 0.95%1 year return +4.9%
- CVEGAAdvisorShares STAR Global Buy-Write ETFExpense ratio 1.25%1 year return +11.3%
- CTPRYVistaShares Target 15 TEPRTantrum Contrarian Distribution ETFExpense ratio 0.95%1 year return —
- CEGGQNestYield Visionary ETFExpense ratio 0.95%1 year return +14.7%