YieldMax BABA Option Income Strategy ETF (BABO)
12.82
-0.02
(-0.19%)
USD |
NYSEARCA |
Feb 20, 16:00
12.70
-0.12
(-0.94%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.07% | -0.08% | 35.86M | 64079.07 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | -- | -27.15M |
Basic Info
| Investment Strategy | |
| The Fund seeks current income. As a secondary objective, it seeks exposure to the share price of the ADR of Alibaba Group Holding Limited ("BABA"). The fund is an actively-managed ETF that will employ a synthetic covered call strategy to provide income and indirect exposure to the share price returns of BABA. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Elevate |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 21, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.16% |
| Stock | 0.00% |
| Bond | 93.21% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 6.63% |
Basic Info
| Investment Strategy | |
| The Fund seeks current income. As a secondary objective, it seeks exposure to the share price of the ADR of Alibaba Group Holding Limited ("BABA"). The fund is an actively-managed ETF that will employ a synthetic covered call strategy to provide income and indirect exposure to the share price returns of BABA. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Elevate |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |