YieldMax RDDT Option Income Strategy ETF
$15.23−0.40 (−2.56%)
- Expense ratio
- 1.01%
- Fund size
- $25M
- 1Y return
- −33.7%
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0M sh
- NAV per share
- $15.81
- 52W range
The ETF.net RDYY Grade
Score 56 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.FScore 23Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 52Category 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.CScore 52Category rank
Our read on RDYY
BYieldMax'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.
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 Holdings
- Other
- —
- 110%
- United States Treasury Bill 07/08/2027
RDYY 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 | RDYY |
|---|---|
| Year to date | −26.5% |
| 1 month | +4.4% |
| 3 months | −6.3% |
| 1 year | −33.7% |
| 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 | RDYY |
|---|---|---|
| 2026 YTD | −26.5% | |
| 2025 | −3.7% |
RDYY in the news
ETF.net Research hasn’t filed on RDYY yet — coverage lands here as it’s written.
RDYY Dividends
- $0.16 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.16 |
| Sep 10, 2026 | Sep 11, 2026 | $0.17 |
| Sep 3, 2026 | Sep 4, 2026 | $0.20 |
| Aug 27, 2026 | Aug 28, 2026 | $0.20 |
| Aug 20, 2026 | Aug 21, 2026 | $0.24 |
| Aug 13, 2026 | Aug 14, 2026 | $0.23 |
| Aug 6, 2026 | Aug 7, 2026 | $0.23 |
| Jul 30, 2026 | Jul 31, 2026 | $0.28 |
| Jul 23, 2026 | Jul 24, 2026 | $0.31 |
| Jul 16, 2026 | Jul 17, 2026 | $0.45 |
| Jul 9, 2026 | Jul 10, 2026 | $0.45 |
| Jul 2, 2026 | Jul 6, 2026 | $0.26 |
RDYY 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.
- −50.7%
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.
- 1.35
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RDYY Cost
- The middle half of Single-Stock Option Income funds
- Median 1.07%
19 of the 71 Single-Stock Option Income funds charge less.