YieldMax Short TSLA Option Income Strategy ETF
$18.80−0.12 (−0.63%)
- Expense ratio
- 1.05%
- Fund size
- $14M
- 1Y return
- +9.9%
- Yield · Last 12 months
- 82.34%
- Volume · 30D
- 0M sh
- NAV per share
- $19.01
- 52W range
The ETF.net CRSH Grade
Score 61 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 57Category 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.BScore 68Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 51Category 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 66Category rank
Our read on CRSH
BEvery other Tesla income fund in the aisle is rooting for the stock. CRSH takes the other side: it sells option spreads on Tesla while holding inverse exposure to the shares, turning a bearish stance into premium collection.
CRSH is actively managed to generate weekly income by writing put spreads on Tesla Inc. The strategy seeks option premiums from TSLA volatility while maintaining inverse exposure to TSLA share-price movements.
Why people hold it
- The contrarian seat in a crowded aisle. TSLY, TSII and TSLP all ride Tesla upward; CRSH is built the other way, on inverse exposure to the stock.yieldmaxetfs.com
- Fee of 1.05% lands just under the median for its Tesla option-income cohort, and roughly a third of TSYY's 3.11%.
- Actively managed inside a standard 1940 Act fund wrapper, and it sits in the upper half of its Tesla option-income peer group.
Worth knowing
- Income here is option premium, not stock appreciation. The fund discloses that distributions can include return of capital, meaning part of a payout can be your own money back.
- One company, synthetic exposure. Because the position is inverse, a Tesla rally pushes against the fund's share price and premium may not offset it.
- Small and lightly traded next to the larger Tesla income funds, so bid-ask spreads can widen, particularly around Tesla headlines.
CRSH Holdings
- Other
- —
- 109%
- United States Treasury Bill 10/15/2026
CRSH 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 | CRSH |
|---|---|
| Year to date | +9.7% |
| 1 month | −1.7% |
| 3 months | +3.8% |
| 1 year | +9.9% |
| 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 | CRSH |
|---|---|---|
| 2026 YTD | +9.7% | |
| 2025 | −13.7% | |
| 2024 | −52.0% |
CRSH in the news
ETF.net Research hasn’t filed on CRSH yet — coverage lands here as it’s written.
CRSH Dividends
- 82.34%
- $15.51
- $0.15 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.15 |
| Sep 10, 2026 | Sep 11, 2026 | $0.16 |
| Sep 3, 2026 | Sep 4, 2026 | $0.15 |
| Aug 27, 2026 | Aug 28, 2026 | $0.16 |
| Aug 20, 2026 | Aug 21, 2026 | $0.23 |
| Aug 13, 2026 | Aug 14, 2026 | $0.32 |
| Aug 6, 2026 | Aug 7, 2026 | $0.39 |
| Jul 30, 2026 | Jul 31, 2026 | $0.36 |
| Jul 23, 2026 | Jul 24, 2026 | $0.20 |
| Jul 16, 2026 | Jul 17, 2026 | $0.21 |
| Jul 9, 2026 | Jul 10, 2026 | $0.21 |
| Jul 2, 2026 | Jul 6, 2026 | $0.27 |
CRSH Risk
- 42.2%
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.
- −0.72
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.
- −64.0%
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.
- −1.28
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CRSH Cost
- The middle half of Tesla (TSLA) Option Income funds
- Median 1.07%
3 of the 9 Tesla (TSLA) Option Income funds charge less.