The index is a rules-based index that consists of globally-listed stocks and depositary receipts of companies that, at the time of being added to the index, derive at least 50% of their revenues or operating activity from solutions for the creation, management, analysis, storage, or transmission of large sets of data as determined by the index provider. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in pure-play Big Data companies. It is non-diversified.

YieldMax Target 12 Big 50 Option Income ETF

The YieldMax Target 12 Big 50 Option Income ETF offers a more diversified, large-cap covered call strategy targeting a 12% yield, providing less single-stock risk than typical YieldMax funds. The fund uses flexible option strategies, including call spreads, to balance income generation with some upside participation, aiming to limit NAV decay. Despite strong relative performance and stable distributions, BIGY's low AUM raises questions about its long-term viability and investor interest.

BIGY: Targeted 12% Distribution With Options Strategy

CHICAGO and MILWAUKEE and NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Target 12™ ETFs listed in the table below. The Fund seeks to generate income with a 12% target annual income level.

YieldMax™ ETFs Announces Distributions on BIGY ($0.5025) and SOXY ($0.4883)

CHICAGO, MILWAUKEE and NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Target 12™ ETFs listed in the table below. The Fund seeks to generate income with a 12% target annual income level.

On Thursday, YieldMax ETFs unveiled the YieldMax Target 12 Big 50 Option Income ETF (BIGY).  This fund is an actively managed ETF with a net expense ratio of 0.99%.

YieldMax Launches BIGY ETF for Large-Cap Income

CHICAGO and MILWAUKEE and NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the first of its series of Target 12™ ETFs. YieldMax™ Target 12™ Big 50 Option Income ETF (NYSE Arca: BIGY) BIGY Overview BIGY is an actively managed ETF that seeks a target annual income level of 12% and capital appreciation via direct investments in a select portfolio of 50 companies (each a “Big 50 Company” or an “Underlying Security”).

YieldMax™ Launches Its First Target 12™ ETF Introducing the Target 12™ Big 50 Option Income ETF (BIGY)

On Wednesday, Defiance ETFs launched the Big Data ETF ($BIGY). Listed on the New York Stock Exchange, BIGY will give investors exposure to data science and analytics companies.