YieldMax MSTR Performance & Distribution Target 25 ETF
BThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$26.36−2.39 (−8.30%)
- 0.99%
- $6M
- 1.59K sh
- low $19.41high $54.29
The ETF.net MSST Grade
B
Score 55 out of 100
- 2 of 5
Score 55 of 100 falls in the B 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.B68 out of 100Rank 1 of 5Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 1 of 4Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 3 of 5Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D30 out of 100Rank 4 of 5Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C41 out of 100Rank 3 of 5
Our read on MSST
In short
BYieldMax'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.
Stated mandate
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
Worth knowing
MSST 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.Not enough history yet.
MSST$8,167
Returns run to the Nov 5, 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 | −18.3% |
| 1 month | −17.4% |
| 3 months | +21.8% |
| 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 | −18.3% | |
| 2025 | −23.0% |
MSST in the news
MSST Dividends
- $0.13 per share
- Weekly
Distribution data unavailable.
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.
- 2.52
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.
MSST Cost
Cheapest in MicroStrategy (MSTR) Option Income
$18,525
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MSST 0.99%
$18,525
Cost over time
Year by year
| Year | MSST |
|---|---|
| 10 | $1,746 |
| 20 | $6,565 |
| 30 | $18,525 |
Other funds in MicroStrategy (MSTR) Option Income
- BWNTRYieldMax MSTR Short Option Income Strategy ETFExpense ratio 1.00%1 year return +13.3%
- CMSTYYieldMax MSTR Option Income Strategy ETFExpense ratio 1.03%1 year return −43.9%
- DMTYYGraniteShares YieldBOOST MSTR ETFExpense ratio 1.18%1 year return −58.5%
- DMSRGraniteShares Autocallable MSTR ETFExpense ratio 1.18%1 year return
