| Family: | Elevate Shares |
| Name: | YieldMax AAPL Option Income Strategy ETF |
| Inception Date: | 18-Apr-2023 |
| Termination Date: | |
| Investment Objective: | The YieldMax APLY Option Income Strategy ETF (APLY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on AAPL. APLY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of AAPL. The Fund's synthetic covered call strategy consists of the following three elements, each of which is described in greater detail further below: Synthetic long exposure to AAPL, which allows the Fund to seek to participate in the changes, up or down, in the price of AAPL's stock.Covered call writing (where AAPL call options are sold against the synthetic long portion of the strategy), which allows the Fund to generate income. U.S. Treasuries, which are used for collateral for the options, and which also generate income. |
| Prospectus | |
| Top 10 Holdings | ||
| United States Treasury Note/Bond 3.875% 01/15/2026 | 91282CGE5 | 22.6400% |
| United States Treasury Bill 05/12/2026 | 912797TR8 | 22.3800% |
| United States Treasury Bill 04/09/2026 | 912797SL2 | 18.7100% |
| United States Treasury Bill 07/09/2026 | 912797RF6 | 15.6400% |
| United States Treasury Bill 08/06/2026 | 912797RG4 | 13.5200% |
| United States Treasury Bill 02/19/2026 | 912797PM3 | 7.7900% |
| AAPL 02/20/2026 275.01 P | -6.8200% | |
| United States Treasury Bill 06/11/2026 | 912797QX8 | 6.3100% |
| AAPL US 02/20/26 C275 | 1.2500% | |
| Cash & Other | -1.0800% | |
| Top 10 Holdings Weight: | 100.3% |
| Number of Holdings: | 12 |
| Shares Outstanding: | 10,175,000 |
| Total Net Assets: | 129,731,200 |
| NAV: | 12.72 |
| Net Expense Ratio: | 1.06% |
| Asset Class: | Equities (Stocks) |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
| Region: | |
| Strategy: | Covered Call Strategy |
| Currency: | |
| Commodity: | |
| Sector: | Technology |
| Industry: | |
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| Tax Exempt State: | |
| Maturity Duration: | |
| Market Cap: | Large Cap |
| Credit Quality: | |
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| Leverage Direction/Factor: | |
| Is Currency Hedged: | No |
| US or Ex-US: | Domestic |
