YieldMax MSTR Performance & Distribution Target 25 ETF
$33.80+0.07 (+0.20%)
- Expense ratio
- 0.99%
- Fund size
- $5M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0M sh
- NAV per share
- $34.18
- 52W range
The ETF.net MSST Grade
Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 69Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 66Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 44Category 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.DScore 37Category rank
Our read on MSST
CYieldMax's second act on MSTR: instead of squeezing out the biggest possible payout, MSST aims at a set 25% annual distribution rate and sells call spreads, deliberately leaving room to participate in Strategy's share price.
MSST is actively managed to provide weekly income and potential capital appreciation through synthetic exposure to Strategy Inc (MSTR), using long calls, short puts, and call spreads.
Why people hold it
- The dial is set, not maxed. MSST targets a 25% annualized distribution rate rather than harvesting every premium available, and uses call spreads on a synthetic MSTR position to keep some upside participation in play.yieldmaxetfs.com
- Income arrives on a weekly schedule, one of the fastest cadences in the single-stock options-income world.globenewswire.com
- At 0.99%, the fee sits a touch under the MSTR income crowd, including stablemate MSTY (1.03%) and GraniteShares' MTYY (1.07%).
- A cleaner mandate than the yield-chase version: the stated aim is weekly income plus potential capital appreciation, managed with a growth-aware approach rather than maximum premium capture.yieldmaxetfs.com
Worth knowing
- The 25% is a target, not a promise. YieldMax states plainly it is not a guarantee and does not represent a 25% yield or total return; payouts hinge on what option premiums deliver.globenewswire.com
- One stock, held synthetically. The fund never owns MSTR shares; exposure comes from long calls and short puts, and the sold call spreads mean big rallies get captured in part, not in full.globenewswire.com
- Young and small. Launched in late 2025 as part of YieldMax's first Target 25 trio, it remains a lightly traded fund, so bid-ask spreads can run wider than the older MSTR income names.etfgi.com
MSST Holdings
- Other
- —
- 116%
- Cash & Other
Geography
MSST 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 | MSST |
|---|---|
| Year to date | +2.2% |
| 1 month | +31.0% |
| 3 months | +41.4% |
| 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 | MSST |
|---|---|---|
| 2026 YTD | +2.2% | |
| 2025 | −23.0% |
MSST in the news
ETF.net Research hasn’t filed on MSST yet — coverage lands here as it’s written.
MSST Dividends
- $0.15 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 22, 2026 | Pays Sep 23, 2026 | $0.15 |
| Sep 15, 2026 | Sep 16, 2026 | $0.14 |
| Sep 9, 2026 | Sep 10, 2026 | $0.15 |
| Sep 1, 2026 | Sep 2, 2026 | $0.13 |
| Aug 25, 2026 | Aug 26, 2026 | $0.13 |
| Aug 18, 2026 | Aug 19, 2026 | $0.11 |
| Aug 11, 2026 | Aug 12, 2026 | $0.11 |
| Aug 4, 2026 | Aug 5, 2026 | $0.11 |
| Jul 28, 2026 | Jul 29, 2026 | $0.11 |
| Jul 21, 2026 | Jul 22, 2026 | $0.11 |
| Jul 14, 2026 | Jul 15, 2026 | $0.11 |
| Jul 7, 2026 | Jul 8, 2026 | $0.11 |
MSST 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.
- 2.31
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MSST Cost
- The middle half of MicroStrategy (MSTR) Option Income funds
- Median 1.03%
No MicroStrategy (MSTR) Option Income fund charges less.