YieldMax Strategic Metals & Mining Portfolio Option Income ETF
DThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$34.64−0.60 (−1.70%)
- 1.01%
- $10M
- 0M sh
- $35.61
- low $34.30high $51.40
The ETF.net MINY Grade
D
Score 31 out of 100
- 37 of 51
Score 31 of 100 falls in the D 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.D31 out of 100Rank 34 of 51Mission
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.F16 out of 100Rank 40 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F24 out of 100Rank 47 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 18 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 35 of 51
Our read on MINY
DYieldMax points its option-income machine at the mining pits. MINY holds strategic-metals and mining equities and sells options on them, turning one of the market's twitchiest corners into option premium.
MINY seeks current income as its primary objective and capital appreciation secondarily. It invests in strategic-metals and mining equities and uses options on those securities or related ETFs to generate premiums.
Why people hold it
- Miners swing hard, and volatile stocks command fatter option premiums. MINY writes options on strategic-metals and mining names to convert that turbulence into cash.
- It is a basket, not a bet on one ticker. The overlay runs across a group of strategic-metals and mining companies rather than a single stock.
- The mandate is blunt: current income first, capital appreciation second. No guessing about what this fund is built to do.
- Standard 1940 Act ETF plumbing: daily-traded, transparent wrapper for a theme most investors otherwise reach through individual miners.
Worth knowing
- At 1.01%, it runs above the roughly 0.95% median for option-income peers, and well above simpler overlays like PAPI (0.29%) or DIVO (0.56%).
- Selling options trades away upside. When metals rip, the written calls limit how much of that rally the fund keeps.
- Payouts can include return of capital, meaning part of a distribution may be your own principal coming back. A 2026 launch also means a short record.
MINY Holdings
- Other
- 57
- 48%
- STLD
Geography
- United States78.50%
- Canada14.72%
- Australia3.88%
- United Kingdom2.89%
MINY 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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MINY$10,274
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 | MINY |
|---|---|
| Year to date | — |
| 1 month | −5.4% |
| 3 months | +2.7% |
| 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 | MINY |
|---|---|---|
| 2026 YTD | −15.7% |
MINY in the news
Category Review
The payout and the result came apart in option-income funds
MINY Dividends
- $0.21 per share
- Weekly
Distribution data unavailable.
Distribution history
MINY 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.
- 1.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MINY Cost
1.01%
MINY1.01%
- The middle half of Active Option Income funds
- Median 0.95%
33 of the 51 Active Option Income funds charge less.
Other funds in Active Option Income
- DWEELPeerless Option Income Wheel ETFExpense ratio 1.24%1 year return +14.9%
- DFIXPFolioBeyond Enhanced Fixed Income Premium ETFExpense ratio 1.03%1 year return +2.7%
- DULTYYieldMax Ultra Option Income Strategy ETFExpense ratio 1.40%1 year return −4.5%
- DYMAXYieldMax Universe Fund of Option Income ETFsExpense ratio 1.33%1 year return +1.6%
- DKYLDKurv ETF Trust - Kurv High Income ETFExpense ratio 1.24%1 year return —