ETF profile for Yieldmax Cvna Option Income Strategy ETF (CVNY) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
CVNY ETF Profile
| Family: |
Elevate Shares |
| Name: |
YieldMax CVNA Option Income Strategy ETF |
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| Inception Date: |
29-Jan-2025 |
| Termination Date: |
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| Investment Objective: |
YieldMax CVNA Option Income Strategy ETF is an actively managed that seeks current income while providing indirect exposure to the share price of CVNA (NYSE Arca: CVNA) which is generally subject to a limit on potential investment gains. The Fund will employ its investment strategy as it relates to CVNA regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. The Fund uses a synthetic covered call strategy to provide income and indirect exposure to the share price returns of CVNA, 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 will at times opportunistically sell a credit call spread instead of selling a call option when ZEGA Financial, LLC believes doing so will be more advantageous to the Fund's total return. The Fund not only seeks to generate income from its options investments but also aims to derive gains when the value of CVNA increases. The Fund's options contracts provide: Indirect exposure to the share price returns of CVNA, current income from the option premiums, and at most times, a limit on the Fund's participation in gains, if any, of the share price returns of CVNA. |
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| Prospectus |
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| Top 10 Holdings |
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| United States Treasury Bill 02/18/2027 |
B 0 02/18/27 |
34.8000% |
| United States Treasury Bill 07/08/2027 |
B 0 07/08/27 |
27.7600% |
| United States Treasury Note/Bond 2.375% 05/15/2027 |
912828X88 |
19.8000% |
| United States Treasury Note/Bond 3.375% 09/15/2027 |
91282CLL3 |
18.4000% |
| 2CVNA US 11/20/26 P75.01 FLX |
|
-7.9400% |
| Cash & Other |
|
4.2200% |
| 2CVNA US 11/20/26 C75.01 FLX |
|
3.6900% |
| CVNA US 11/06/26 C70 |
|
-3.3800% |
| CVNA US 11/06/26 C69 |
|
-1.8100% |
| United States Treasury Bill 12/10/2026 |
B 0 12/10/26 |
1.7500% |
|
Top 10 Holdings Weight: |
97.3% |
| Number of Holdings: |
12 |
| Shares Outstanding: |
1,050,000 |
| Total Net Assets: |
19,972,260 |
| NAV: |
19.02 |
| Net Expense Ratio: |
1.09% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
| Currency: |
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| Commodity: |
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| Sector: |
Consumer Discretionary |
| Industry: |
Automobiles & Components |
| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
