ETF profile for Yieldmax Nvda Performance & Distribution Target 25 ETF (NVIT) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
NVIT ETF Profile
| Family: |
Elevate Shares |
| Name: |
YieldMax NVDA Performance & Distribution Target 25 ETF |
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| Inception Date: |
17-Nov-2025 |
| Termination Date: |
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| Investment Objective: |
The Fund is an actively managed exchange-traded fund ("ETF") that seeks (i) to generate cash distributions based on a targeted annual cash distribution level of 25% (the "Annual 25% Target"), and (ii) capital appreciation. The Fund's strategy combines (1) synthetic long exposure to the common stock of NVDA (the "Underlying Security"), and (2) the use of options strategies designed to generate premiums. The Fund will also maintain an allocation to cash, money market funds, or U.S. Treasuries (generally 50% to 100% of assets) to provide liquidity, serve as margin, and collateralize its derivative positions. Separately, the Fund employs various options strategies focused on generating premiums. Generally speaking, the Fund sells (writes) options on the Underlying Security, receiving premiums from counterparties that pay for the right to buy or sell at a set price. These premiums are an important driver of the Fund's distributions. The options strategy most frequently utilized by the Fund is called a covered call spread, which is a type of selling credit spread. The Fund uses covered call spreads to earn premium by selling a call option while buying another at a higher strike, with both profit and loss capped. |
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| Prospectus |
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| Top 10 Holdings |
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| United States Treasury Note/Bond 3.375% 09/15/2027 |
91282CLL3 |
33.4700% |
| United States Treasury Bill 02/18/2027 |
B 0 02/18/27 |
23.6600% |
| United States Treasury Bill 07/08/2027 |
B 0 07/08/27 |
15.2600% |
| Cash & Other |
|
11.9000% |
| United States Treasury Bill 12/10/2026 |
B 0 12/10/26 |
8.2500% |
| United States Treasury Note/Bond 2.375% 05/15/2027 |
912828X88 |
6.7400% |
| 2NVDA US 11/20/26 C210.01 FLX |
|
5.3200% |
| 2NVDA US 11/20/26 P210.01 FLX |
|
-3.3200% |
| NVDA US 11/20/26 C225 |
|
-1.1200% |
| NVDA US 11/20/26 C230 |
|
-0.7400% |
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Top 10 Holdings Weight: |
99.4% |
| Number of Holdings: |
12 |
| Shares Outstanding: |
350,000 |
| Total Net Assets: |
16,883,510 |
| NAV: |
48.24 |
| Net Expense Ratio: |
1.08% |
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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: |
Technology |
| Industry: |
Semiconductor |
| 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 |
