YieldMax GME Option Income Strategy ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$26.27+0.17 (+0.66%)
- 1.01%
- $3M
- −7.5%
- 0M sh
- $25.76
- low $22.64high $49.73
The ETF.net GMEY Grade
C
Score 40 out of 100
- 41 of 72
Score 40 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.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 44
- This cap took
- −4
- Published Score
- 40
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.F20 out of 100Rank 42 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C49 out of 100Rank 30 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 63 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.C49 out of 100Rank 47 of 72
Our read on GMEY
CGameStop, with a paycheck attached. GMEY sells call spreads on GME to convert the stock's option premiums into income, while keeping a lane open for some of the share-price appreciation.
The fund is actively managed to generate weekly income by selling call spreads on GameStop Corp (GME), while seeking participation in the appreciation of its share price.
Why people hold it
- Spreads, not a hard ceiling. The fund sells calls on GME and owns a higher-strike call against them, so a rally isn't cut off at a single strike.yieldmaxetfs.com
- Fee of 1.01% lands under the median for single-stock option-income funds, so the income engine isn't paying a premium price for the privilege.
- Actively managed with one stated job: generate income week to week from GME options, on a set distribution schedule rather than a fixed index recipe.yieldmaxetfs.com
Worth knowing
- The trade is asymmetric by design: you carry GME's declines while the short calls trim the upside, and the exposure is built from options rather than actual shares.
- A small fund that doesn't trade heavily. Bid-ask spreads can be wider than on the giants of the option-income shelf, which shows up in your execution price.
- It launched in 2025 and isn't the only GME income wrapper on the shelf. IGME aims at the same stock for 0.96%.
GMEY Holdings
- Other
- 7
- 108%
- United States Treasury Bill 07/08/2027
Geography
- United States100.00%
GMEY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
GMEY$9,254
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 | GMEY |
|---|---|
| Year to date | +7.5% |
| 1 month | +12.4% |
| 3 months | +5.5% |
| 1 year | −7.5% |
| 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 | GMEY |
|---|---|---|
| 2026 YTD | +7.5% | |
| 2025 | −16.1% |
GMEY in the news
GMEY Dividends
- $0.42 per share
- Weekly
Distribution data unavailable.
Distribution history
GMEY Risk
- 35.3%
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.
- −0.63
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.
- −33.7%
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.
- 0.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GMEY Cost
1.01%
GMEY1.01%
- 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
- CCWYGraniteShares YieldBOOST CRWV ETFExpense ratio 1.07%1 year return —
- CDRAYYieldMax DKNG Option Income Strategy ETFExpense ratio 1.03%1 year return −40.0%
- CIOYYGraniteShares YieldBOOST IONQ ETFExpense ratio 1.07%1 year return —
- CMAAYGraniteShares YieldBOOST MARA ETFExpense ratio 1.07%1 year return —
- CPLAGraniteShares Autocallable PLTR ETFExpense ratio 1.07%1 year return —