YieldMax Target 12 Semiconductor Option Income ETF
$96.40−0.88 (−0.90%)
- Expense ratio
- 1.06%
- Fund size
- $69M
- 1Y return
- +96.7%
- Yield · Last 12 months
- 9.31%
- Volume · 30D
- 0M sh
- NAV per share
- $95.20
- 52W range
The ETF.net SOXY Grade
Score 37 of 100 sits in the D 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.FScore 17Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 38Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 47Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 81Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 43Category rank
Our read on SOXY
DYieldMax without the synthetic wrapper. SOXY owns a focused book of 15 to 30 actual chip stocks and sells call spreads against them, aiming at a 12% annualized distribution paid monthly.
The actively managed ETF seeks a 12% annualized distribution target and capital appreciation through a focused portfolio of 15–30 publicly traded semiconductor companies. It generates income by selling call spreads on its holdings while retaining direct equity exposure.
Why people hold it
- Real shares, not a derivative stand-in: the fund holds 15 to 30 semiconductor companies directly, so the equity exposure sits alongside the option income rather than replacing it.yieldmaxetfs.com
- Call spreads, not plain covered calls. Upside is capped inside a band instead of handed away above a single strike, which leaves the chip rally partly intact.yieldmaxetfs.com
- A declared 12% annualized distribution target, paid monthly, gives you a stated yardstick rather than whatever premium the options market happens to throw off that month.yieldmaxetfs.com
Worth knowing
- At 1.06%, the fee sits well above most option-income peers (LQDW runs 0.34%, YLDE 0.47%), so the strategy clears a higher bar before income reaches you.
- The 12% is a target, not a floor. Payouts hinge on option premiums and the path of chip stocks, and the fund's own scoring standing lands in the lower half of its option-income group.
- Young (launched December 2024), lightly traded, and concentrated in one famously cyclical sector, so spreads can be wide and the ride bumpy.
SOXY Holdings
- Stocks
- —
- 50%
- NVDA
Sectors
Geography
SOXY 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 | SOXY |
|---|---|
| Year to date | +77.5% |
| 1 month | +10.1% |
| 3 months | −12.2% |
| 1 year | +96.7% |
| 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 | SOXY |
|---|---|---|
| 2026 YTD | +77.5% | |
| 2025 | +36.8% | |
| 2024 | −1.2% |
SOXY in the news
ETF.net Research hasn’t filed on SOXY yet — coverage lands here as it’s written.
SOXY Dividends
- 9.31%
- $9.07
- $0.88 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 2, 2026 | Sep 3, 2026 | $0.88 |
| Aug 5, 2026 | Aug 6, 2026 | $0.89 |
| Jul 8, 2026 | Jul 9, 2026 | $1.04 |
| Jun 3, 2026 | Jun 4, 2026 | $1.02 |
| May 6, 2026 | May 7, 2026 | $0.83 |
| Apr 8, 2026 | Apr 9, 2026 | $0.65 |
| Mar 4, 2026 | Mar 5, 2026 | $0.67 |
| Feb 4, 2026 | Feb 5, 2026 | $0.67 |
| Dec 31, 2025 | Jan 2, 2026 | $0.60 |
| Dec 3, 2025 | Dec 4, 2025 | $0.60 |
| Nov 5, 2025 | Nov 6, 2025 | $0.62 |
| Oct 8, 2025 | Oct 9, 2025 | $0.59 |
SOXY Risk
- 40.5%
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.
- 1.26
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.
- −30.3%
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.
- 2.27
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SOXY Cost
- The middle half of Index Option Income funds
- Median 0.81%
20 of the 25 Index Option Income funds charge less.