YieldMax TSM Option Income Strategy ETF
$15.58−0.12 (−0.76%)
- Expense ratio
- 1.01%
- Fund size
- $114M
- 1Y return
- +54.8%
- Yield · Last 12 months
- 52.83%
- Holdings
- 12
- Volume · 30D
- 0.2M sh
- NAV per share
- $15.58
- 52W range
The ETF.net TSMY Grade
Score 68 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 71Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 74Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 67Category 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.BScore 69Category rank
Our read on TSMY
BA paycheck stapled to one chip stock. TSMY sells call spreads on Taiwan Semiconductor, holds onto exposure to that share price, and passes the harvested option premium along as income on a weekly schedule.
The fund is actively managed to generate weekly income by selling call spreads on Taiwan Semiconductor Manufacturing Co. It is intended to maintain exposure to that company's share price while harvesting option premiums.
Why people hold it
- The overlay is a call spread, not a plain covered call, and it is built to keep exposure to TSM's share price while collecting premium.yieldmaxetfs.com
- Income is designed to land weekly rather than quarterly, so the cash cadence is far tighter than a dividend fund's.yieldmaxetfs.com
- At 1.01% a year it sits below the middle of the fee range for single-stock option income funds, and it grades out as one of the stronger builds in that crowded group.
Worth knowing
- One company, one story. The fund tracks Taiwan Semiconductor's share price, so there is no diversification to soften a rough patch for that single stock.
- Exposure is synthetic, built from options rather than owned TSM shares, which adds contract and counterparty mechanics a plain stock position does not have.
- The 1.01% fee is reasonable for this niche but heavy next to a broad index fund, and the strategy has only been live since 2024.
TSMY Holdings
- Other
- 12
- 104%
- United States Treasury Bill 12/10/2026
Geography
TSMY 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 | TSMY |
|---|---|
| Year to date | +42.1% |
| 1 month | +6.1% |
| 3 months | −1.6% |
| 1 year | +54.8% |
| 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 | TSMY |
|---|---|---|
| 2026 YTD | +42.1% | |
| 2025 | +40.7% | |
| 2024 | +8.2% |
TSMY in the news
ETF.net Research hasn’t filed on TSMY yet — coverage lands here as it’s written.
TSMY Dividends
- 52.83%
- $8.29
- $0.09 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.09 |
| Sep 10, 2026 | Sep 11, 2026 | $0.10 |
| Sep 3, 2026 | Sep 4, 2026 | $0.09 |
| Aug 27, 2026 | Aug 28, 2026 | $0.10 |
| Aug 20, 2026 | Aug 21, 2026 | $0.15 |
| Aug 13, 2026 | Aug 14, 2026 | $0.12 |
| Aug 6, 2026 | Aug 7, 2026 | $0.14 |
| Jul 30, 2026 | Jul 31, 2026 | $0.13 |
| Jul 23, 2026 | Jul 24, 2026 | $0.14 |
| Jul 16, 2026 | Jul 17, 2026 | $0.14 |
| Jul 9, 2026 | Jul 10, 2026 | $0.15 |
| Jul 2, 2026 | Jul 6, 2026 | $0.16 |
TSMY Risk
- 27.5%
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.
- −31.2%
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.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TSMY Cost
- The middle half of Single-Stock Option Income funds
- Median 1.07%
19 of the 71 Single-Stock Option Income funds charge less.