YieldMax CRCL Option Income Strategy ETF
BThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$13.16+0.08 (+0.61%)
- 1.01%
- $51M
- −31.4%
- 0.1M sh
- $13.20
- low $11.70high $51.93
The ETF.net CRCO Grade
B
Score 56 out of 100
- 25 of 72
Score 56 of 100 falls in the B 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.B66 out of 100Rank 21 of 72Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 7 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F21 out of 100Rank 58 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 38 of 72Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B65 out of 100Rank 20 of 72
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
- 12
- 123%
- 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.
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CRCO$6,855
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 | CRCO |
|---|---|
| Year to date | +8.0% |
| 1 month | −4.9% |
| 3 months | +20.1% |
| 1 year | −31.4% |
| 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 | +8.0% | |
| 2025 | −36.6% |
CRCO in the news
CRCO Dividends
- $0.18 per share
- Weekly
Distribution data unavailable.
Distribution history
CRCO Risk
- 79.0%
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.
- −0.15
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.
- −61.4%
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.
Other funds in Single-Stock Option Income
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- BCONYYieldMax COIN Option Income Strategy ETFExpense ratio 1.04%1 year return −42.2%
- BFIATYieldMax Short COIN Option Income Strategy ETFExpense ratio 1.05%1 year return +36.7%
- BMUYYGraniteShares YieldBOOST MU ETFExpense ratio 1.07%1 year return —
- BXSHPKurv ETF Trust - Kurv SpaceX Enhanced Income ETFExpense ratio 0.99%1 year return —