YieldMax Short N100 Option Income Strategy ETF
$9.36+0.02 (+0.21%)
- 1.11%
- $25M
- −6.3%
- 31.00%
- 0M sh
- $9.29
- low $9.16high $13.18
The ETF.net YQQQ Grade
F
Score 20 out of 100
- 29 of 31
Score 20 of 100 falls in the F 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.F10 out of 100Rank 28 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.F20 out of 100Rank 18 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F15 out of 100Rank 28 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 21 of 31Holdings
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.C41 out of 100Rank 23 of 31
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
- 9
- 104%
- United States Treasury Note/Bond 2.375% 05/15/2027
Sectors
- Technology60.1%
- Communication12.7%
- Consumer Discretionary10.1%
- Consumer Staples5.7%
- Industrials5.1%
- Health Care3.8%
- Utilities1.0%
- Materials0.9%
- Energy0.5%
- Financials0.2%
Geography
- United States100.00%
YQQQ 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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YQQQ$9,373
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 | YQQQ |
|---|---|
| Year to date | −6.6% |
| 1 month | −2.5% |
| 3 months | 0.0% |
| 1 year | −6.3% |
| 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 | −6.6% | |
| 2025 | −10.1% | |
| 2024 | −4.1% |
YQQQ in the news
YQQQ Dividends
- 31.00%
- $2.90
- $0.03 per share
- Weekly
Distribution history
YQQQ Risk
- 15.2%
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.
- −0.89
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.
- −1.03
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
1.11%
YQQQ1.11%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
26 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- DQGRDHorizon Nasdaq-100 Defined Risk ETFExpense ratio 0.85%1 year return +16.4%
- DQLDYDefiance Nasdaq 100 LightningSpread Income ETFExpense ratio 1.04%1 year return +22.4%
- DFDNDFirst Trust Exchange-Traded Fund IV - FT Vest Dow Jones Internet & Target Income ETFExpense ratio 0.75%1 year return +6.3%
- DKIQQKraneshares Trust - Kraneshares Insperex Nasdaq Dynamic Buffered High Income Index ETFExpense ratio 0.79%1 year return —
- FTQQYGraniteShares YieldBOOST QQQ ETFExpense ratio 7.25%1 year return +6.1%