| Family: | Elevate Shares |
| Name: | YieldMax HOOD Option Income Strategy ETF |
| Inception Date: | 7-May-2025 |
| Termination Date: | |
| Investment Objective: | The Fund is an actively managed exchange-traded fund ("ETF") that seeks current income while providing indirect exposure to the share price (i.e., the price returns) of HOOD (Nasdaq: HOOD) ("HOOD" or the "Underlying Security"), which is generally subject to a limit on potential investment gains. The fund uses either a synthetic covered call strategy or synthetic covered call spread strategy to provide income and indirect exposure to the share price returns of HOOD, 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 purchase and sell a combination of standardized exchange-traded and FLexible EXchange ("FLEX") call and put option contracts that are based on the value of the price returns of the Underlying Security. |
| Prospectus | |
| Top 10 Holdings | ||
| United States Treasury Bill 12/10/2026 | B 0 12/10/26 | 21.6700% |
| United States Treasury Bill 02/18/2027 | B 0 02/18/27 | 20.1400% |
| United States Treasury Bill 07/08/2027 | B 0 07/08/27 | 16.1600% |
| HOOD 10/16/2026 95.01 C | 16.0700% | |
| Cash & Other | 9.8700% | |
| United States Treasury Note/Bond 2.375% 05/15/2027 | 912828X88 | 9.4000% |
| United States Treasury Bill 10/15/2026 | B 0 10/15/26 | 9.1800% |
| HOOD 10/16/2026 95.01 P | -1.9200% | |
| HOOD US 09/18/26 C115 | -0.5700% | |
| HOOD US 09/18/26 C117 | -0.3100% | |
| Top 10 Holdings Weight: | 99.7% |
| Number of Holdings: | 14 |
| Shares Outstanding: | 4,375,000 |
| Total Net Assets: | 119,656,248 |
| NAV: | 27.19 |
| Net Expense Ratio: | 0.99% |
| Asset Class: | Equities (Stocks) |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
| Region: | |
| Strategy: | Covered Call Strategy |
| Currency: | |
| Commodity: | |
| Sector: | Financials |
| Industry: | Capital Markets |
| Dividend Type: | |
| 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 |
