YieldMax BRK.B Option Income Strategy ETF
$40.03+0.39 (+0.97%)
- Expense ratio
- 1.01%
- Fund size
- $8M
- 1Y return
- +1.3%
- Yield · Last 12 months
- 21.29%
- Volume · 30D
- 0M sh
- NAV per share
- $39.55
- 52W range
The ETF.net BRKC Grade
Score 69 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.BScore 66Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 76Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 78Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category 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.BScore 56Category rank
Our read on BRKC
BYieldMax points its option-income machinery at the ultimate buy-and-hold name. BRKC sells upside on Berkshire Hathaway to generate current income, and it never actually owns the shares.
BRKC seeks current income while providing indirect exposure to the share-price returns of Berkshire Hathaway Inc. (BRK.B), with potential gains limited by its options strategy.
Why people hold it
- Expense ratio of 1.01%, a shade under the median for single-stock option-income ETFs, in a corner of the market where 1%-plus is the entry fee.
- Grades out in the top slice of its single-stock option-income peer group, helped by a calmer measured risk profile than most funds built this way.
- Mechanics stated up front: a synthetic covered call spread on BRK.B seeking current income plus indirect exposure to the stock's price moves, with gains limited by the options.
Worth knowing
- You hold an options package, not Berkshire stock. The call spread caps how much of a big BRK.B run-up reaches you.
- The fund discloses that distributions can include return of capital, meaning part of a payout may be your own capital coming back, which lowers net asset value.
- Launched in 2025 and still small and thinly traded, which can mean wider bid-ask spreads and a short history to judge the strategy on.
BRKC Holdings
- Other
- —
- 102%
- United States Treasury Bill 02/18/2027
BRKC 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 | BRKC |
|---|---|
| Year to date | +0.5% |
| 1 month | +2.2% |
| 3 months | +2.2% |
| 1 year | +1.3% |
| 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 | BRKC |
|---|---|---|
| 2026 YTD | +0.5% | |
| 2025 | +0.9% |
BRKC in the news
ETF.net Research hasn’t filed on BRKC yet — coverage lands here as it’s written.
BRKC Dividends
- 21.29%
- $8.44
- $0.13 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.13 |
| Sep 10, 2026 | Sep 11, 2026 | $0.14 |
| Sep 3, 2026 | Sep 4, 2026 | $0.14 |
| Aug 27, 2026 | Aug 28, 2026 | $0.14 |
| Aug 20, 2026 | Aug 21, 2026 | $0.14 |
| Aug 13, 2026 | Aug 14, 2026 | $0.15 |
| Aug 6, 2026 | Aug 7, 2026 | $0.14 |
| Jul 30, 2026 | Jul 31, 2026 | $0.15 |
| Jul 23, 2026 | Jul 24, 2026 | $0.14 |
| Jul 16, 2026 | Jul 17, 2026 | $0.15 |
| Jul 9, 2026 | Jul 10, 2026 | $0.18 |
| Jul 2, 2026 | Jul 6, 2026 | $0.20 |
BRKC Risk
- 11.1%
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.
- −7.6%
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.
- −0.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BRKC Cost
- The middle half of Single-Stock Option Income funds
- Median 1.07%
19 of the 71 Single-Stock Option Income funds charge less.