Category Review
The median crypto option-income fund lost more than bitcoin over the year and trailed its rebound
YieldMax Crypto Industry & Tech Portfolio Option Income ETF
$14.50−0.30 (−2.00%)
- 1.02%
- $59M
- −23.2%
- 81.23%
- 42.7K sh
- low $13.53high $33.41
The ETF.net LFGY Grade
C
Score 42 out of 100
- 12 of 22
Score 42 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.
Cost
The fund’s net expense ratio, ranked against its category.F17 out of 100Rank 18 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B69 out of 100Rank 4 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C52 out of 100Rank 9 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 4 of 14Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 12 of 22
Our read on LFGY
In short
CYieldMax made its name on single-stock option income. LFGY is the spread-out version: an actively managed basket of crypto-industry and tech stocks with options written against them, paying out monthly.
Stated mandate
The actively managed fund seeks current income and capital appreciation through a portfolio of U.S.-listed equity securities issued by crypto-industry and technology companies, while using options on those securities and related ETFs to generate income.
Why people hold it
Worth knowing
LFGY 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.
LFGY$7,679
Returns run to the Nov 9, 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 | LFGY |
|---|---|
| Year to date | −8.8% |
| 1 month | −16.3% |
| 3 months | −14.6% |
| 1 year | −23.2% |
| 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 | LFGY |
|---|---|---|
| 2026 YTD | −8.8% | |
| 2025 | −5.8% |
LFGY in the news
LFGY Dividends
- 81.23%
- $12.02
- $0.11 per share
- Weekly
LFGY Risk
- 36.2%
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.
- −0.20
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.
- −35.8%
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.
- 1.92
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
LFGY Cost
Overpaying vs BITA, tied cheapest in Crypto Option Income
$6,295
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
LFGY 1.02%
$19,012
BITA 0.65% Tied cheapest
$12,717
Cost over time
Year by year
| Year | LFGY | BITA | Overpaying |
|---|---|---|---|
| 10 | $1,797 | $1,163 | $634 |
| 20 | $6,746 | $4,440 | $2,306 |
| 30 | $19,012 | $12,717 | $6,295 |
Other funds in Crypto Option Income
- CXRPMAmplify XRP 3% Monthly Option Income ETFExpense ratio 0.75%1 year return
- CYETHRoundhill Ether Covered Call Strategy ETFExpense ratio 0.96%1 year return −33.4%
- CBPIGrayscale Bitcoin Premium Income ETFExpense ratio 0.65%1 year return −24.6%
- CEHYAmplify Ethereum Max Income Covered Call ETFExpense ratio 0.75%1 year return −49.0%
- CETCOGrayscale Ethereum Covered Call ETFExpense ratio 0.65%1 year return −39.9%
