YieldMax NFLX Option Income Strategy ETF
$6.98−0.05 (−0.75%)
- Expense ratio
- 1.01%
- Fund size
- $36M
- 1Y return
- −37.2%
- Yield · Last 12 months
- 61.18%
- Holdings
- 8
- Volume · 30D
- 0.1M sh
- NAV per share
- $7.11
- 52W range
The ETF.net NFLY Grade
Score 60 of 100 sits in the B 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.BScore 66Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 70Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category 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.AScore 75Category rank
Our read on NFLY
BNFLY never buys a share of Netflix. It builds the position synthetically with options, then sells calls against it, turning one of the market's twitchiest large caps into option premium. Pops get capped. Drops don't.
The Fund seeks current income and exposure to Netflix, Inc.’s share-price returns, subject to limited participation in potential gains. It uses synthetic covered-call or covered-call-spread strategies to generate option premiums.
Why people hold it
- At 1.01%, it is the cheaper of the two Netflix option-income ETFs (NFLP charges 1.15%) and sits under the median fee for single-stock option-income funds.
- Launched in 2023, an early entrant in single-name option income, with a multi-year record of running the strategy through Netflix earnings nights.
- In a crowded field of single-stock overlay funds, this one lands in the upper tier of its peer group on our review.
Worth knowing
- Selling calls caps how much of a Netflix rally you keep, while a slide in the stock flows through nearly in full.yieldmaxetfs.com
- Distributions can include return of capital, meaning part of a payout is your own money coming back and it trims your cost basis.yieldmaxetfs.com
- The 1.01% fee pays for the options machinery, several times what a plain equity index fund charges, and it applies whether premiums are fat or thin.
NFLY Holdings
- Other
- 8
- 111%
- United States Treasury Bill 07/08/2027
Geography
NFLY 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 | NFLY |
|---|---|
| Year to date | −21.6% |
| 1 month | −7.8% |
| 3 months | −5.2% |
| 1 year | −37.2% |
| 3 years | +17.4% |
| 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 | NFLY |
|---|---|---|
| 2026 YTD | −21.6% | |
| 2025 | +2.0% | |
| 2024 | +66.2% | |
| 2023 | +3.3% |
NFLY in the news
ETF.net Research hasn’t filed on NFLY yet — coverage lands here as it’s written.
NFLY Dividends
- 61.18%
- $4.28
- $0.04 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.04 |
| Sep 10, 2026 | Sep 11, 2026 | $0.05 |
| Sep 3, 2026 | Sep 4, 2026 | $0.07 |
| Aug 27, 2026 | Aug 28, 2026 | $0.06 |
| Aug 20, 2026 | Aug 21, 2026 | $0.06 |
| Aug 13, 2026 | Aug 14, 2026 | $0.05 |
| Aug 6, 2026 | Aug 7, 2026 | $0.07 |
| Jul 30, 2026 | Jul 31, 2026 | $0.04 |
| Jul 23, 2026 | Jul 24, 2026 | $0.05 |
| Jul 16, 2026 | Jul 17, 2026 | $0.04 |
| Jul 9, 2026 | Jul 10, 2026 | $0.05 |
| Jul 2, 2026 | Jul 6, 2026 | $0.05 |
NFLY Risk
- 27.2%
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.
- 0.48
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.
- −43.8%
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.
- 0.54
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NFLY Cost
- The middle half of Single-Stock Option Income funds
- Median 1.07%
19 of the 71 Single-Stock Option Income funds charge less.