ETF profile for Yieldmax Ultra Short Option Income Strategy ETF (SLTY) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
SLTY ETF Profile
| Family: |
Elevate Shares |
| Name: |
YieldMax Ultra Short Option Income Strategy ETF |
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| Inception Date: |
20-Aug-2025 |
| Termination Date: |
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| Investment Objective: |
The Fund's primary investment objective is to seek current income. The Fund's secondary investment objective is to seek inverse (opposite) exposure to the share price of select U.S. listed securities, subject to a limit on potential investment gains. The Fund is an active ETF. The Fund's investment adviser, selects the Underlying Securities to which the Fund will gain short exposure. The Underlying Securities primarily include U.S.-listed equity securities of operating companies and shares of ETFs. Generally, the Adviser will seek to gain short exposure to Underlying Securities with higher implied volatility relative to the broad market, industry or sector peers, or the historical averages for the Underlying Security. Higher implied volatility typically correlates with increased options premiums, allowing the Fund to generate income from its portfolio of Options Strategies. The Fund's allocation to particular Underlying Securities is primarily driven by implied volatility levels. The Adviser strategically identifies Underlying Securities in periods of likely higher volatility. The Fund may gain short exposure to Underlying Securities directly or "synthetically." |
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| Prospectus |
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| Top 10 Holdings |
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| Cash & Other |
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133.1200% |
| United States Treasury Note/Bond 2.375% 05/15/2027 |
912828X88 |
31.1700% |
| United States Treasury Note/Bond 3.375% 09/15/2027 |
91282CLL3 |
17.9000% |
| United States Treasury Bill 07/08/2027 |
B 0 07/08/27 |
15.3400% |
| Starbucks Corp |
SBUX |
-4.7300% |
| Tesla Inc |
TSLA |
-4.4000% |
| Crocs Inc |
CROX |
-4.3100% |
| Live Nation Entertainment Inc |
LYV |
-4.2900% |
| Centene Corp |
CNC |
-4.2200% |
| Lennar Corp |
LEN |
-4.2200% |
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Top 10 Holdings Weight: |
171.4% |
| Number of Holdings: |
112 |
| Shares Outstanding: |
925,000 |
| Total Net Assets: |
17,417,750 |
| NAV: |
18.83 |
| Net Expense Ratio: |
1.25% |
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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: |
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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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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
