YieldMax S&P 500 0DTE Covered Call Strategy ETF
$41.06−0.04 (−0.10%)
- 1.08%
- $29M
- +21.0%
- 27.91%
- 0M sh
- $41.05
- low $39.07high $46.65
The ETF.net SDTY Grade
D
Score 39 out of 100
- 44 of 52
Score 39 of 100 falls in the D 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.F2 out of 100Rank 51 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 14 of 35Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 28 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F19 out of 100Rank 50 of 52Holdings
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.D36 out of 100Rank 46 of 52
Our read on SDTY
DYieldMax's option-income playbook aimed at the index: SDTY builds S&P 500 exposure with options and sells calls that expire the same day, every day. Income gets harvested one session at a time, and upside gets clipped the same way.
SDTY seeks current income while providing exposure to the S&P 500 Index’s price return.
Why people hold it
- The 0DTE twist: calls that expire the same session, written daily, so the premium clock resets every trading day instead of once a month.
- Pure label-matching: S&P 500 price exposure built synthetically, income generated by writing calls against it. What the name says is what the fund does.
- It was YieldMax's first move from single-stock option income into a broad index, live since 2025.stockanalysis.com
Worth knowing
- At 1.08% a year, it costs well above the roughly 0.60% median for S&P 500 option-income funds, and multiples of IVVW (0.25%) or GPIX (0.35%).
- Selling calls every session hands away part of each strong up day. The income comes out of the fund's upside, not on top of it.
- Small and lightly traded next to the giants writing calls on the same index. Limit orders matter more here than with a heavily traded peer.
SDTY Holdings
- Stocks
- 6
- 100%
- Spx 12/18/2026 1200.26 C
Sectors
- Technology39.1%
- Financials11.1%
- Communication10.6%
- Consumer Discretionary9.9%
- Health Care8.3%
- Industrials7.8%
- Consumer Staples4.5%
- Energy3.1%
- Utilities2.1%
- Real Estate1.8%
- Materials1.7%
Geography
- United States100.00%
SDTY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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SDTY$12,100
Returns run to the Oct 12, 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 | SDTY |
|---|---|
| Year to date | +13.5% |
| 1 month | +2.3% |
| 3 months | +4.0% |
| 1 year | +21.0% |
| 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 | SDTY |
|---|---|---|
| 2026 YTD | +13.5% | |
| 2025 | +10.5% |
SDTY in the news
SDTY Dividends
- 27.91%
- $11.47
- $0.16 per share
- Weekly
Distribution history
SDTY Risk
- 13.3%
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.
- 0.85
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.
- −18.6%
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.
- 0.91
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SDTY Cost
1.08%
SDTY1.08%
- The middle half of S&P 500 Option Income funds
- Median 0.60%
49 of the 51 S&P 500 Option Income funds charge less.
Other funds in S&P 500 Option Income
- DZHDGZega Buy & Hedge ETFExpense ratio 0.95%1 year return +10.7%
- CAPRJInnovator Premium Income 30 Barrier ETFExpense ratio 0.79%1 year return +6.2%
- DWDTES&P 500 Weekly Distribution ETFExpense ratio 1.03%1 year return +19.4%
- DFGSIFT Vest Growth Strength & Target Income ETFExpense ratio 0.85%1 year return +8.9%
- DSHDGSoundwatch Hedged Equity ETFExpense ratio 1.01%1 year return +9.2%