YieldMax Strategic Metals & Mining Portfolio Option Income ETF
This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$36.81−0.98 (−2.61%)
History starts Feb 27, 2026.History starts Feb 27, 2026.
- Expense ratio
- 1.01%
- Fund size
- $10M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0M sh
- NAV per share
- $37.12
- 52W range
The ETF.net MINY Grade
Score 30 of 100 sits in the D 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.DScore 30Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 16Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 25Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 54Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 45Category rank
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
- —
- 46%
- STLD
Geography
MINY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MINY$9,972
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 | MINY |
|---|---|
| Year to date | — |
| 1 month | −4.3% |
| 3 months | −0.3% |
| 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 | −11.2% |
MINY in the news
MINY Dividends
- $0.22 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 16, 2026 | Sep 17, 2026 | $0.22 |
| Sep 9, 2026 | Sep 10, 2026 | $0.23 |
| Sep 2, 2026 | Sep 3, 2026 | $0.23 |
| Aug 26, 2026 | Aug 27, 2026 | $0.23 |
| Aug 19, 2026 | Aug 20, 2026 | $0.23 |
| Aug 12, 2026 | Aug 13, 2026 | $0.23 |
| Aug 5, 2026 | Aug 6, 2026 | $0.21 |
| Jul 29, 2026 | Jul 30, 2026 | $0.21 |
| Jul 22, 2026 | Jul 23, 2026 | $0.20 |
| Jul 15, 2026 | Jul 16, 2026 | $0.21 |
| Jul 8, 2026 | Jul 9, 2026 | $0.22 |
| Jul 1, 2026 | Jul 2, 2026 | $0.22 |
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.
- 1.17
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%
30 of the 47 Active Option Income funds charge less.