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YieldMax RDDT Option Income Strategy ETF

RDYYNYSE ArcaYieldMaxCThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$8.96−0.01 (−0.11%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: down, 79 prints from 8.97 to 8.96. Range 8.91 to 9.31. Use the arrow keys to read each point.8.909.109.209.3010 AM12 PM2 PM4 PM
Expense ratio
1.01%
Fund size
$6M
1Y total return
−53.3%
Yield · Last 12 months
209.92%
Holdings
5
Avg volume · 30D
42.6K sh
52W range
low $8.80high $42.65
Launched

The ETF.net RDYY Grade

Based on 5 of 6 pillars

C

Score 52 out of 100

Rank
35 of 72
Six-pillar profile for RDYY. Scores out of 100: Cost 59, Risk 21, Mission 70, Tradability 45, Holdings not scored, Durability 47. Strongest: Mission (70). Weakest: Risk (21). Based on 5 of 6 pillars.

Score 52 of 100 falls in the C 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.
    B59 out of 100
    Rank 26 of 72
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A70 out of 100
    Rank 4 of 50
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F21 out of 100
    Rank 63 of 70
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C45 out of 100
    Rank 47 of 72
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 45 of 72

Our read on RDYY

ETF.net Research

In short

CYieldMax's Reddit trade with a twist: rather than selling plain calls and capping the stock cold, RDYY sells call spreads on RDDT, harvesting premium while keeping room to ride part of the move. Premium in, distributions out monthly.

Stated mandate

RDYY is actively managed to generate weekly income by selling call spreads on Reddit Inc. The strategy seeks option premiums from RDDT volatility while retaining participation in its share-price appreciation.

Why people hold it

  • The call-spread design is the point. Selling spreads instead of plain covered calls keeps a slice of RDDT's share-price appreciation in play while the premium comes in.yieldmaxetfs.com
  • At 1.01% a year, it runs slightly under the typical fee in its single-stock option-income cohort.
  • Distributions land on a monthly cadence, and the fund grades out in the upper half of a crowded 64-fund options-income group.
  • Actively managed rather than rules-on-autopilot: the manager writes the spreads against Reddit's option volatility as it shifts.

Worth knowing

  • This is one company's fate, expressed through options rather than shares. Reddit's swings drive the whole ride, and the short leg of each spread caps gains above its strike.
  • The payout is manufactured from option premium, not company earnings, so it rises and falls with RDDT's volatility instead of holding a steady level.
  • A 2025 launch with a small asset base and light trading. Thin volume tends to mean wider bid/ask spreads than the lineup's older, larger siblings.

RDYY Performance

Launched Sep 8, 2025

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.
RDYY$4,669
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. RDYY $4,669. SPY $11,199. Use the arrow keys to read each point.$5,000$7,500$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for RDYY. Periods over one year show the average yearly return.
PeriodRDYY
Year to date−55.0%
1 month−34.9%
3 months−32.0%
1 year−53.3%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RDYY
YearReturn barRDYY
2026 YTD−55.0%
2025−3.7%

Since listing, Sep 8, 2025

RDYY in the news

RDYY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
209.92%Last 12 months
Payout per share
$18.83Last 12 months
Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Weekly

Distribution history

2026

One bar per payment. 44 payments in 2026 YTD. Jan 2, 2026 $0.48; Jan 8, 2026 $0.47; Jan 15, 2026 $0.66; Jan 22, 2026 $0.39; Jan 29, 2026 $0.36; Feb 5, 2026 $0.29; Feb 12, 2026 $0.30; Feb 19, 2026 $0.29; Feb 26, 2026 $0.30; Mar 5, 2026 $0.34; Mar 12, 2026 $0.29; Mar 19, 2026 $0.28; Mar 26, 2026 $0.27; Apr 2, 2026 $0.23; Apr 9, 2026 $0.30; Apr 16, 2026 $0.40; Apr 23, 2026 $0.49; Apr 30, 2026 $0.34; May 7, 2026 $0.45; May 14, 2026 $0.41; May 21, 2026 $0.35; May 28, 2026 $0.27; Jun 4, 2026 $0.41; Jun 11, 2026 $0.27; Jun 18, 2026 $0.29; Jun 25, 2026 $0.40; Jul 2, 2026 $0.26; Jul 9, 2026 $0.45; Jul 16, 2026 $0.45; Jul 23, 2026 $0.31; Jul 30, 2026 $0.28; Aug 6, 2026 $0.23; Aug 13, 2026 $0.23; Aug 20, 2026 $0.24; Aug 27, 2026 $0.20; Sep 3, 2026 $0.20; Sep 10, 2026 $0.17; Sep 17, 2026 $0.16; Sep 24, 2026 $0.15; Oct 1, 2026 $0.16; Oct 8, 2026 $0.16; Oct 15, 2026 $0.17; Oct 22, 2026 $0.18; Oct 29, 2026 $0.13. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 29, 2026Oct 30, 2026$0.13
Oct 22, 2026Oct 23, 2026$0.18
Oct 15, 2026Oct 16, 2026$0.17
Oct 8, 2026Oct 9, 2026$0.16
Oct 1, 2026Oct 2, 2026$0.16
Sep 24, 2026Sep 25, 2026$0.15
Sep 17, 2026Sep 18, 2026$0.16
Sep 10, 2026Sep 11, 2026$0.17
Sep 3, 2026Sep 4, 2026$0.20
Aug 27, 2026Aug 28, 2026$0.20
Aug 20, 2026Aug 21, 2026$0.24
Aug 13, 2026Aug 14, 2026$0.23

See all 56 payments⁠

$10,000 in RDYY 1 year ago paid $4,491 in dividends.⁠

RDYY Risk

How much the fund’s monthly returns vary, scaled to a year.
48.9%
Annualised · 13 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−1.30
vs 3-month T-bills · 13 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−61.5%
13 months · trough Oct 2026
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.

How strongly the fund’s returns move with its asset-class index.
1.28
vs its asset-class index
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.

RDYY Cost

Overpaying vs KWIN, cheapest in Single-Stock Option Income

$8,685

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RDYY 1.01%

    $18,850

  • KWIN 0.51% Cheapest

    $10,165

$10,000
30 years

Cost over time

  • RDYY 1.01%
  • KWIN 0.51%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RDYY $18,850KWIN $10,165

Year by year

YearRDYYKWINOverpaying
10$1,780$918$862
20$6,686$3,527$3,159
30$18,850$10,165$8,685

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