YieldMax CRCL Option Income Strategy ETF
This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$14.66−0.17 (−1.18%)
History starts Sep 30, 2025.History starts Sep 30, 2025.
- Expense ratio
- 1.01%
- Fund size
- $54M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0.1M sh
- NAV per share
- $14.81
- 52W range
The ETF.net CRCO Grade
Score 56 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 70Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 22Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 48Category 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 65Category rank
Our read on CRCO
BMost single-stock income funds sell calls and cap the upside. CRCO sells weekly call spreads on Circle (CRCL) instead, harvesting premium while keeping a lane open to share-price appreciation, and it pays monthly.
CRCO is actively managed to generate weekly income by selling call spreads on Circle Internet Group Inc. The strategy seeks to harvest CRCL option premiums while retaining participation in its share-price appreciation.
Why people hold it
- Spreads, not plain covered calls. Selling a call and buying a higher one collects premium while leaving room to participate in CRCL's share-price gains above the short strike.yieldmaxetfs.com
- Weekly premium harvest, monthly payout. The options book is worked on a weekly cycle and distributions land on a monthly cadence.
- A 1.01% expense ratio undercuts CRY, the other fund built on the same Circle income idea, and matches YieldMax siblings like TSMY and BRKC.
- Sits in the upper half of a crowded field of single-stock option-income funds, one of the tidier builds in that group.
Worth knowing
- Exposure is synthetic. The fund reaches CRCL through options rather than owning the shares, so you are holding a derivatives book, not the stock.
- One name carries everything. Circle Internet Group's price action drives both the premium the fund collects and the value of what it holds.
- Launched in 2025 and actively managed, so the track record is short and payouts move with whatever CRCL options premiums happen to be.
CRCO Holdings
- Other
- —
- 122%
- United States Treasury Bill 10/15/2026
CRCO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
CRCO$11,729
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 | CRCO |
|---|---|
| Year to date | +17.3% |
| 1 month | +5.0% |
| 3 months | +12.9% |
| 1 year | — |
| 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 | CRCO |
|---|---|---|
| 2026 YTD | +17.3% | |
| 2025 | −36.6% |
CRCO in the news
CRCO Dividends
- $0.24 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.24 |
| Sep 10, 2026 | Sep 11, 2026 | $0.32 |
| Sep 3, 2026 | Sep 4, 2026 | $0.26 |
| Aug 27, 2026 | Aug 28, 2026 | $0.30 |
| Aug 20, 2026 | Aug 21, 2026 | $0.23 |
| Aug 13, 2026 | Aug 14, 2026 | $0.22 |
| Aug 6, 2026 | Aug 7, 2026 | $0.22 |
| Jul 30, 2026 | Jul 31, 2026 | $0.22 |
| Jul 23, 2026 | Jul 24, 2026 | $0.23 |
| Jul 16, 2026 | Jul 17, 2026 | $0.21 |
| Jul 9, 2026 | Jul 10, 2026 | $0.23 |
| Jul 2, 2026 | Jul 6, 2026 | $0.18 |
CRCO Risk
- —
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.
- —
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.
- —
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.
- 0.41
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CRCO Cost
1.01%
CRCO1.01%
- The middle half of Single-Stock Option Income funds
- Median 1.07%
19 of the 71 Single-Stock Option Income funds charge less.