ETF profile for Yieldmax Innovation Option Income Strategy ETF (OARK) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
OARK ETF Profile
| Family: |
Elevate Shares |
| Name: |
YieldMax Innovation Option Income Strategy ETF |
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| Inception Date: |
22-Nov-2022 |
| Termination Date: |
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| Investment Objective: |
YieldMax Innovation Option Income Strategy ETF primary investment objective is to seek current income. The Fund's secondary investment objective is to seek exposure to the share price of the ARK Innovation ETF ("ARKK" or "Underlying Security"), subject to a limit on potential investment gains. 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 ARKK (NYSE Arca ARKK) ("ARKK" or the "Underlying Security"), subject to a limit on potential investment gains. The Fund will employ its investment strategy as it relates to ARKK regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. As further described below, the Fund uses either a synthetic covered call strategy or a synthetic covered call spread strategy to provide income and indirect exposure to the share price returns of ARKK, subject to a limit on potential investment gains as a result of the nature of the options strategy it employs. That is, the Fund not only seeks to generate income from its options investments but also aims to derive gains when the value of ARKK increases. |
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| Prospectus |
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| Top 10 Holdings |
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| United States Treasury Note/Bond 2.375% 05/15/2027 |
912828X88 |
33.6400% |
| United States Treasury Bill 02/18/2027 |
B 0 02/18/27 |
33.6300% |
| United States Treasury Bill 07/08/2027 |
B 0 07/08/27 |
23.6500% |
| 2ARKK US 11/20/26 C85.01 FLX |
|
5.1200% |
| 2ARKK US 11/20/26 P85.01 FLX |
|
-4.2000% |
| United States Treasury Note/Bond 3.375% 09/15/2027 |
91282CLL3 |
3.3700% |
| United States Treasury Bill 12/10/2026 |
B 0 12/10/26 |
3.1300% |
| Cash & Other |
|
1.6500% |
| ARKK US 10/16/26 C93 |
|
0.0000% |
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Top 10 Holdings Weight: |
100.0% |
| Number of Holdings: |
9 |
| Shares Outstanding: |
1,029,975 |
| Total Net Assets: |
29,434,934 |
| NAV: |
28.53 |
| Net Expense Ratio: |
1.00% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Funds Combining Developed & Emerging Exposure |
| Country: |
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| Region: |
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| Strategy: |
Covered Call Strategy |
| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Broad Market / Multi-Cap |
| Credit Quality: |
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| Bond Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Global |
