YieldMax Short N100 Option Income Strategy ETF
$9.41+0.08 (+0.91%)
- Expense ratio
- 1.11%
- Fund size
- $27M
- 1Y return
- −6.1%
- Yield · Last 12 months
- 32.16%
- Holdings
- 14
- Volume · 30D
- 0.1M sh
- NAV per share
- $9.41
- 52W range
The ETF.net YQQQ Grade
Score 20 of 100 sits in the F 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 10Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.FScore 20Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 13Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 42Category 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 44Category rank
Our read on YQQQ
FNearly every Nasdaq-100 income fund is long the index and sells calls. This one faces the other way: short exposure to the index, selling put spreads for weekly cash. Contrarian income, with capped upside.
The Fund seeks current income and, secondarily, inverse exposure to the Nasdaq 100 Index, with potential gains limited. It is actively managed and uses a synthetic covered-put/put-spread strategy rather than directly investing in the Index or its constituent companies.
Why people hold it
- The rare inverse take in a cohort of long-the-index call sellers. It targets -1x exposure to the Nasdaq-100 while writing put spreads, with no margin account or share borrow needed.yieldmaxetfs.com
- Income comes from option premium rather than dividends, and the fund declares it weekly rather than quarterly.yieldmaxetfs.com
- Standard 1940 Act ETF plumbing and active management: a 1099 at tax time, not a K-1, and a manager choosing the strikes rather than a fixed rulebook.yieldmaxetfs.com
Worth knowing
- Fees run 1.11% a year against a 0.68% median for Nasdaq-100 option income funds. Long-side peers such as JEPQ and GPIQ sit at 0.35%.
- The put spread caps the payoff: a Nasdaq-100 drop helps only up to the spread's limit, and the fund's own documents state gains are limited.yieldmaxetfs.com
- Payouts have included return of capital, so part of a distribution can be your own money coming back rather than strategy income.yieldmaxetfs.com
YQQQ Holdings
- Other
- 14
- 102%
- United States Treasury Note/Bond 2.375% 05/15/2027
Sectors
Geography
YQQQ 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 | YQQQ |
|---|---|
| Year to date | −7.8% |
| 1 month | −2.7% |
| 3 months | +1.5% |
| 1 year | −6.1% |
| 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 | YQQQ |
|---|---|---|
| 2026 YTD | −7.8% | |
| 2025 | −10.1% | |
| 2024 | −4.1% |
YQQQ in the news
ETF.net Research hasn’t filed on YQQQ yet — coverage lands here as it’s written.
YQQQ Dividends
- 32.16%
- $3.00
- $0.04 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.04 |
| Sep 10, 2026 | Sep 11, 2026 | $0.04 |
| Sep 3, 2026 | Sep 4, 2026 | $0.04 |
| Aug 27, 2026 | Aug 28, 2026 | $0.04 |
| Aug 20, 2026 | Aug 21, 2026 | $0.04 |
| Aug 13, 2026 | Aug 14, 2026 | $0.04 |
| Aug 6, 2026 | Aug 7, 2026 | $0.06 |
| Jul 30, 2026 | Jul 31, 2026 | $0.07 |
| Jul 23, 2026 | Jul 24, 2026 | $0.07 |
| Jul 16, 2026 | Jul 17, 2026 | $0.05 |
| Jul 9, 2026 | Jul 10, 2026 | $0.05 |
| Jul 2, 2026 | Jul 6, 2026 | $0.05 |
YQQQ Risk
- 15.6%
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.
- −0.84
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.
- −29.2%
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.
- −1.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YQQQ Cost
- The middle half of Nasdaq-100 Option Income funds
- Median 0.74%
27 of the 31 Nasdaq-100 Option Income funds charge less.