Investment objective & strategy
As of May 12, 2025 · prospectusStrategy. Additional Investment Strategies In addition to the options strategies described herein, the Fund may use the following additional strategies to gain exposure to the Underlying Security: ? Swaps : The Fund may utilize swap contracts that provide exposure to the Underlying Security. ? Additional Options Strategies: The Fund may utilize additional options strategies, including purchasing call options that are deep in the money (i.e., the Underlying Securitys price is well above the strike price on the call option). ? Equity Securities: The Fund may purchase equity securities of the Underlying Security. Additional Investment Strategies In addition to the options strategies described herein, the Fund may use the following additional strategies to gain exposure to the Underlying Security: ? Swaps : The Fund may utilize swap contracts that provide exposure to the Underlying Security. ? Additional Options Strategies: The Fund may utilize additional options strategies, including purchasing call options that are deep in the money (i.e., the Underlying Securitys price is well above the strike price on the call option). ? Equity Securities: The Fund may purchase equity securities of the Underlying Security.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| U.S. Treasury Bills | B | $174.50M | 13.66% |
| U.S. Treasury Bills | B | $170.52M | 13.35% |
| U.S. Treasury Bills | B | $166.18M | 13.01% |
| U.S. Treasury Bills | B | $139.90M | 10.95% |
| WI TREASURY SEC. 0.000000% 02/19/2026 | B | $121.09M | 9.48% |
| US ULTRA BOND CBT Sep25 | — | $77.83M | 6.09% |
| United States Treasury Bill | — | $32.72M | 2.56% |
| FRST AM-GV OB-X | TMPXX | $28.00M | 2.19% |
| US ULTRA BOND CBT Sep25 | — | $12.89M | 1.01% |
| US ULTRA BOND CBT Sep25 | — | $9.79M | 0.77% |
Portfolio moves
Oct 31, 2025 → Jan 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF · GOOY | 92% | 1.14% |
| YieldMax XOM Option Income Strategy ETF · XOMO | 91% | 1.17% |
| YieldMax CVNA Option Income Strategy ETF · CVNY | 90% | 1.09% |
Advisers
| Firm | Role |
|---|---|
| Tidal Investments LLC | Adviser |
Footnotes
- Expense ratio as of February 26, 2025, from the fund's prospectus.
- Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.