YieldMax HIMS Option Income Strategy ETF
$11.74−0.41 (−3.37%)
- Expense ratio
- 1.01%
- Fund size
- $14M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0.1M sh
- NAV per share
- $11.82
- 52W range
The ETF.net HIYY Grade
Score 53 of 100 sits in the C 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 11Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 43Category 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 57Category rank
Our read on HIYY
CTurns one volatile telehealth stock into a monthly income stream: HIYY takes synthetic exposure to Hims & Hers and sells calls against it, trading away part of the upside for option premium.
The Fund seeks current income while providing indirect exposure to Hims & Hers Health Inc.'s share-price returns, generally subject to a limit on potential gains. It primarily uses a synthetic covered call or covered call spread strategy.
Why people hold it
- Charges 1.01%, a shade under the typical single-stock option income fund and less than HMYY, the other fund built on the same Hims & Hers exposure.
- Pays monthly, with cash generated by writing options rather than by dividends, and the synthetic structure gets the exposure without buying the shares outright.
- Actively managed inside a standard 1940 Act ETF wrapper, and it lands in the upper half of a crowded field of single-stock income funds.
Worth knowing
- Upside is capped by design, downside is not: the covered call spread limits how much of a Hims & Hers rally you keep while the drops come through.
- One stock, one story. Moves here are far wider than a diversified income fund, and the premium collected rises and falls with that volatility.
- A 2025 launch with a modest asset base and moderate trading, so spreads can run wider than in the market's biggest income ETFs.
HIYY Holdings
- Other
- —
- 113%
- United States Treasury Note/Bond 2.375% 05/15/2027
HIYY 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 | HIYY |
|---|---|
| Year to date | −7.6% |
| 1 month | −6.3% |
| 3 months | −7.7% |
| 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 | HIYY |
|---|---|---|
| 2026 YTD | −7.6% | |
| 2025 | −35.5% |
HIYY in the news
ETF.net Research hasn’t filed on HIYY yet — coverage lands here as it’s written.
HIYY Dividends
- $0.13 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.13 |
| Sep 10, 2026 | Sep 11, 2026 | $0.17 |
| Sep 3, 2026 | Sep 4, 2026 | $0.18 |
| Aug 27, 2026 | Aug 28, 2026 | $0.25 |
| Aug 20, 2026 | Aug 21, 2026 | $0.19 |
| Aug 13, 2026 | Aug 14, 2026 | $0.22 |
| Aug 6, 2026 | Aug 7, 2026 | $0.25 |
| Jul 30, 2026 | Jul 31, 2026 | $0.24 |
| Jul 23, 2026 | Jul 24, 2026 | $0.26 |
| Jul 16, 2026 | Jul 17, 2026 | $0.33 |
| Jul 9, 2026 | Jul 10, 2026 | $0.34 |
| Jul 2, 2026 | Jul 6, 2026 | $0.34 |
HIYY 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.
- 0.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HIYY Cost
- The middle half of Single-Stock Option Income funds
- Median 1.07%
19 of the 71 Single-Stock Option Income funds charge less.