The fund generally uses a synthetic covered call strategy to provide income and indirect exposure to the share price returns of SMCI, which is generally subject to a limit on potential investment gains as a result of the nature of the options strategy it employs. The fund is non-diversified.

Tidal Trust II YieldMax SMCI Op

Covered call ETFs like Bitwise COIN Option Income Strategy ETF and YieldMax SMCI Option Income Strategy ETF offer high income potential, making them attractive for income-focused investors despite risks of NAV and price erosion. ICOI provides monthly income via synthetic options on Coinbase, boasts a tax-efficient return of capital distributions, but has a short track record and higher expense ratio. SMCY offers a massive yield due to price declines, but its distributions are taxed as income, making it better suited for tax-advantaged accounts like Roth IRAs.

Dividend Power: 2 ETFs That Could Supercharge Your Income Portfolio

Are you an income-seeking investor who also wants -- or needs -- growth? That's a bit of a pickle.

SMCY Is an Income Hack on Supermicro

CHICAGO and MILWAUKEE and NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 ETF Name Distribution Frequency Distribution per Share Distribution Rate 2, 4 30-Day SEC Yield 3 ROC 5 Ex-Date & Record Date Payment Date CHPY YieldMax® Semiconductor Portfolio Option Income ETF Weekly $0.4223 40.43% 0.04% 99.14% 7/3/25 7/7/25 GPTY YieldMax® AI & Tech Portfolio Option Income ETF Weekly $0.3182 35.46% 0.00% 100.00% 7/3/25 7/7/25 LFGY YieldMax® Crypto Industry & Tech Portfolio Option Income ETF Weekly $0.4669 60.87% 0.00% 100.00% 7/3/25 7/7/25 QDTY YieldMax® Nasdaq 100 0DTE Covered Call ETF Weekly $0.1618 19.16% 0.00% 100.00% 7/3/25 7/7/25 RDTY YieldMax® R2000 0DTE Covered Call ETF Weekly $0.2361 26.39% 1.65% 100.00% 7/3/25 7/7/25 SDTY YieldMax® S&P 500 0DTE Covered Call ETF Weekly $0.1638 18.96% 0.07% 100.00% 7/3/25 7/7/25 ULTY YieldMax® Ultra Option Income Strategy ETF Weekly $0.0952 80.23% 0.00% 98.10% 7/3/25 7/7/25 YMAG YieldMax® Magnificent 7 Fund of Option Income ETFs Weekly $0.0554 19.05% 63.17% 77.84% 7/3/25 7/7/25 YMAX YieldMax® Universe Fund of Option Income ETFs Weekly $0.1574 60.04% 82.40% 96.10% 7/3/25 7/7/25 AIYY YieldMax® AI Option Income Strategy ETF Every 4 weeks $0.1600 47.92% 3.46% 93.73% 7/3/25 7/7/25 AMZY YieldMax® AMZN Option Income Strategy ETF Every 4 weeks $0.5900 46.94% 2.86% 94.61% 7/3/25 7/7/25 APLY YieldMax® AAPL Option Income Strategy ETF Every 4 weeks $0.2695 26.93% 3.38% 87.98% 7/3/25 7/7/25 DISO YieldMax® DIS Option Income Strategy ETF Every 4 weeks $0.4163 36.54% 2.97% 93.52% 7/3/25 7/7/25 MSTY YieldMax® MSTR Option Income Strategy ETF Every 4 weeks $1.2382 77.14% 1.80% 96.86% 7/3/25 7/7/25 SMCY YieldMax® SMCI Option Income Strategy ETF Every 4 weeks $1.6102 101.78% 3.09% 97.25% 7/3/25 7/7/25 WNTR YieldMax® Short MSTR Option Income Strategy ETF Every 4 weeks $1.8550 65.38% 3.19% 96.58% 7/3/25 7/7/25 XYZY YieldMax® XYZ Option Income Strategy ETF Every 4 weeks $0.4398 56.14% 2.57% 97.95% 7/3/25 7/7/25 YQQQ YieldMax® Short N100 Option Income Strategy ETF Every 4 weeks $0.2338 21.22% 3.41% 84.56% 7/3/25 7/7/25 Weekly Payers & Group A ETFs scheduled for next week: CHPY GPTY LFGY QDTY RDTY SDTY UTLY YMAG YMAX BRKC CRSH FEAT FIVY GOOY OARK SNOY TSLY TSMY XOMO YBIT Standardized Performance and Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at www.yieldmaxetfs.com Performance data quoted represents past performance and is no guarantee of future results.

YieldMax® ETFs Announces Distributions on SMCY, ULTY, MSTY, WNTR, LFGY, and Others

CHICAGO and MILWAUKEE and NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 ETF Name Distribution Frequency Distribution per Share Distribution Rate 2, 4 30-Day SEC Yield 3 ROC 5 Ex-Date & Record Date Payment Date CHPY YieldMax® Semiconductor Portfolio Option Income ETF Weekly $0.3455 34.50% 0.38% 100.00% 6/5/25 6/6/25 GPTY YieldMax® AI & Tech Portfolio Option Income ETF Weekly $0.2977 33.62% 0.00% 100.00% 6/5/25 6/6/25 LFGY YieldMax® Crypto Industry & Tech Portfolio Option Income ETF Weekly $0.4664 61.02% 0.00% 100.00% 6/5/25 6/6/25 QDTY YieldMax® Nasdaq 100 0DTE Covered Call ETF Weekly $0.2307 28.16% 0.00% 100.00% 6/5/25 6/6/25 RDTY YieldMax® R2000 0DTE Covered Call ETF Weekly $0.2108 24.27% 0.89% 95.29% 6/5/25 6/6/25 SDTY YieldMax® S&P 500 0DTE Covered Call ETF Weekly $0.2175 25.86% 0.00% 100.00% 6/5/25 6/6/25 ULTY YieldMax® Ultra Option Income Strategy ETF Weekly $0.0945 78.74% 0.00% 100.00% 6/5/25 6/6/25 YMAG YieldMax® Magnificent 7 Fund of Option Income ETFs Weekly $0.2089 70.40% 66.50% 97.56% 6/5/25 6/6/25 YMAX YieldMax® Universe Fund of Option Income ETFs Weekly $0.1721 65.23% 88.53% 92.64% 6/5/25 6/6/25 AIYY YieldMax® AI Option Income Strategy ETF Every 4 weeks $0.3209 88.81% 2.97% 96.86% 6/5/25 6/6/25 AMZY YieldMax® AMZN Option Income Strategy ETF Every 4 weeks $0.5955 48.28% 3.09% 94.01% 6/5/25 6/6/25 APLY YieldMax® AAPL Option Income Strategy ETF Every 4 weeks $0.3119 30.96% 3.42% 89.96% 6/5/25 6/6/25 DISO YieldMax® DIS Option Income Strategy ETF Every 4 weeks $0.5588 50.22% 3.16% 94.89% 6/5/25 6/6/25 MSTY YieldMax® MSTR Option Income Strategy ETF Every 4 weeks $1.4707 85.27% 1.76% 97.45% 6/5/25 6/6/25 SMCY YieldMax® SMCI Option Income Strategy ETF Every 4 weeks $1.5795 99.93% 3.05% 97.21% 6/5/25 6/6/25 WNTR YieldMax® Short MSTR Option Income Strategy ETF Every 4 weeks $3.0725 104.26% 2.89% 97.57% 6/5/25 6/6/25 XYZY YieldMax® XYZ Option Income Strategy ETF Every 4 weeks $0.8732 109.59% 2.93% 98.01% 6/5/25 6/6/25 YQQQ YieldMax® Short N100 Option Income Strategy ETF Every 4 weeks $0.2650 23.18% 3.35% 86.54% 6/5/25 6/6/25 Weekly Payers & Group A ETFs scheduled for next week: CHPY GPTY LFGY QDTY RDTY SDTY UTLY YMAG YMAX CRSH FEAT FIVY GOOY OARK SNOY TSLY TSMY XOMO YBIT Standardized Performance and Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at www.yieldmaxetfs.com Performance data quoted represents past performance and is no guarantee of future results.

YieldMax® ETFs Announces Distributions on XYZY, WNTR, SMCY, AIYY, MSTY, and Others

Wall Street soared on trade truce last week. Investors brushed off disappointing consumer sentiment data and lingering inflation concerns to quite an extent.

Best-Performing ETFs of Last Week

Single-stock covered call funds like YieldMax SMCI Option Income Strategy ETF offer high yields but have significant downsides, including capped upside and retained downside risks. SMCY has lost money at a 32% annualized pace since inception, despite a 98.8% distribution rate, due to its structure and market volatility. Investors should avoid SMCY and consider direct ownership of SMCI shares if bullish, as SMCY's structure limits potential total returns.

SMCY: Less Than Meets The Eye

Predicting market outcomes is challenging; my recommendations are based on historical data and probabilities rather than certainties. I reviewed my 2025 picks: 67% of Buy ratings and 78% of Hold ratings delivered positive alpha, outperforming many experts. Midstream energy and covered call income funds have shown strong performance, while recent market corrections impacted some picks.

When It Comes To Investing, Nobody's Perfect, But Two Out Of Three Ain't Bad

CHICAGO and MILWAUKEE and NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 ETF Name Distribution Frequency Distribution per Share Distribution Rate 2,4 30-Day SEC Yield 3 ROC 5 Ex-Date & Record Date Payment Date RDTY * YieldMax™ R2000 0DTE Covered Call ETF Weekly  - -  - - - - ULTY YieldMax™ Ultra Option Income Strategy ETF Weekly $0.1025 83.40% 0.00% 14.67% 3/13/25 3/14/25 QDTY YieldMax™ Nasdaq 100 0DTE Covered Call ETF Weekly $0.2460 - -  100.00% 3/13/25 3/14/25 SDTY YieldMax™ S&P 500 0DTE Covered Call ETF Weekly $0.2174 - -  0.00% 3/13/25 3/14/25 GPTY YieldMax™ AI & Tech Portfolio Option Income ETF Weekly $0.2823 36.68% 0.00% 16.40% 3/13/25 3/14/25 LFGY YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF Weekly $0.4173 60.76% 0.00% 8.79% 3/13/25 3/14/25 YMAX YieldMax™ Universe Fund of Option Income ETFs Weekly $0.1002 37.79% 85.03% 80.49% 3/13/25 3/14/25 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Weekly $0.1445 49.19% 61.87% 95.10% 3/13/25 3/14/25 MSTY YieldMax™ MSTR Option Income Strategy ETF Every 4 weeks $1.3775 89.54% 0.21% 97.54% 3/13/25 3/14/25 YQQQ YieldMax™ Short N100 Option Income Strategy ETF Every 4 weeks $0.4483 32.39% 3.79% 92.77% 3/13/25 3/14/25 AMZY YieldMax™ AMZN Option Income Strategy ETF Every 4 weeks $0.4177 32.75% 3.79% 0.00% 3/13/25 3/14/25 APLY YieldMax™ AAPL Option Income Strategy ETF Every 4 weeks $0.3440 29.01% 3.15% 87.26% 3/13/25 3/14/25 AIYY YieldMax™ AI Option Income Strategy ETF Every 4 weeks $0.3221 83.75% 4.64% 2.09% 3/13/25 3/14/25 DISO YieldMax™ DIS Option Income Strategy ETF Every 4 weeks $0.2879 26.09% 4.48% 51.26% 3/13/25 3/14/25 SQY YieldMax™ XYZ Option Income Strategy ETF Every 4 weeks $0.5014 57.52% 5.21% 91.68% 3/13/25 3/14/25 SMCY YieldMax™ SMCI Option Income Strategy ETF Every 4 weeks $1.9742 101.11% 2.63% 0.00% 3/13/25 3/14/25 Weekly Payers & Group A ETFs scheduled for next week: RDTY ULTY QDTY SDTY GPTY LFGY YMAX YMAG TSLY CRSH GOOY YBIT OARK XOMO SNOY TSMY FEAT FIVY Performance data quoted represents past performance and is no guarantee of future results.

YieldMax™ ETFs Announces Distributions on SMCY (101.11%), MSTY (89.54%), AIYY (83.75%), ULTY (83.40%), LFGY (60.76%) and Others

Nvidia and AMD benefit from AI chip demand, with Nvidia's Blackwell chips driving growth for Super Micro Computer, despite Super Micro Computer, Inc.'s management trust issues. SMCI stock is undervalued with a forward P/E of 15 and expected YOY earnings growth of 120%, presenting a potential investment opportunity. YieldMax SMCI Option Income Strategy ETF offers high-yield income through covered calls on SMCI, with a forward yield of 77.6%.

SMCY Is A High-Risk, High-Reward Bet On AI

These leveraged ETFs surged more than 20% last week.

5 Leveraged ETFs of Last Week That Gained At Least 20%

On Thursday, YieldMax debuted the YieldMax SMCI Option Income Strategy ETF (SMCY). As the latest YieldMax option income ETF, SMCY seeks to provide current income.

YieldMax's New ETF Uses SMCI Option Income Strategy

Real-time stock quote and overview for SMCY