YieldMax ARKK Option Income Strategy ETF (OARK)
10.34
-0.03
(-0.29%)
USD |
NYSEARCA |
Aug 22, 16:00
10.24
-0.10
(-0.97%)
Pre-Market: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.19% | 0.85% | 61.89M | 107333.2 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 42.58% | -- | 15.84M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks current income; the secondary investment objective is to seek exposure to the share price of the ARK Innovation ETF (“ARKK”), subject to a limit on potential investment gains. The fund will seek to employ its investment strategy as it relates to ARKK regardless of whether there are periods adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. In seeking to achieve its investment objective, the fund will implement a “synthetic covered call” strategy using the standardized exchange-traded and FLEX options. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Category Name | Derivative Income |
| Category Index | CBOE S&P 500 BuyWrite BXM PR USD |
| Global Category Name | Equity Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Elevate |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Charles Ragauss | 1.69 yrs |
| Jay Pestrichelli | 1.69 yrs |
| Qiao Duan | 1.69 yrs |
Performance Versus Category
Annual Total Returns Versus Peers
As of August 22, 2024.
Asset Allocation
| Type | % Net | % Long | % Short |
|---|---|---|---|
| Cash | -- | -- | -- |
| Stock | -- | -- | -- |
| Bond | -- | -- | -- |
| Convertible | -- | -- | -- |
| Preferred | -- | -- | -- |
| Other | -- | -- | -- |
Basic Info
| Investment Strategy | |
| The investment seeks current income; the secondary investment objective is to seek exposure to the share price of the ARK Innovation ETF (“ARKK”), subject to a limit on potential investment gains. The fund will seek to employ its investment strategy as it relates to ARKK regardless of whether there are periods adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. In seeking to achieve its investment objective, the fund will implement a “synthetic covered call” strategy using the standardized exchange-traded and FLEX options. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Category Name | Derivative Income |
| Category Index | CBOE S&P 500 BuyWrite BXM PR USD |
| Global Category Name | Equity Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Elevate |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Charles Ragauss | 1.69 yrs |
| Jay Pestrichelli | 1.69 yrs |
| Qiao Duan | 1.69 yrs |