| Family: | Elevate Shares |
| Name: | YieldMax Universe Fund of Option Income ETFs |
| Inception Date: | 16-Jan-2024 |
| Termination Date: | |
| Investment Objective: | The YieldMax Universe Fund of Option Income ETFs (YMAX) is an actively managed exchange-traded fund that seeks to generate current income. The Fund is a "fund of funds," meaning that it primarily invests its assets in the shares of other ETFs, rather than in securities of individual companies. In addition, from time to time, the Fund may invest directly in the securities and financial instruments in which one or more Underlying YieldMax ETFs. Each Underlying YieldMax ETF employs a synthetic covered call strategy that seeks to generate income from option premiums and provide indirect exposure to a specific security's share price returns, with a cap on potential gains. Each of the Underlying YieldMax ETFs in which the Fund may invest has a primary investment objective to seek current income, and a secondary investment objective to seek exposure to (i) the share price of the common stock of a particular operating company or (ii) the share price of a particular ETF (in either case, an "Underlying Security,") subject to a limit on potential investment gains. |
| Prospectus | |
| Top 10 Holdings | ||
| YieldMax MRNA Option Income Strategy ETF | MRNY | 8.1500% |
| YieldMax NFLX Option Income Strategy ETF | NFLY | 7.8700% |
| YieldMaxTM PLTR Option Income Strategy ETF | PLTY | 7.1300% |
| YieldMax HIMS Option Income Strategy ETF | HIYY | 6.9100% |
| YieldMax PYPL Option Income Strategy ETF | PYPY | 6.6800% |
| YieldMax ABNB Option Income Strategy ETF | ABNY | 6.1100% |
| YieldMax XYZ Option Income Strategy ETF | XYZY | 5.5900% |
| YieldMax Innovation Option Income Strategy ETF | OARK | 4.9300% |
| Yieldmax Amzn Option Income ETF | AMZY | 4.8700% |
| YieldMax MARA Option Income Strategy ETF | MARO | 4.8000% |
| Top 10 Holdings Weight: | 63.0% |
| Number of Holdings: | 21 |
| Shares Outstanding: | 49,550,000 |
| Total Net Assets: | 375,093,500 |
| NAV: | 7.61 |
| Net Expense Ratio: | 1.33% |
| Asset Class: | Equities (Stocks) |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
| Region: | |
| Strategy: | Covered Call Strategy |
| Currency: | |
| Commodity: | |
| Sector: | Sector Rotation / Combinations |
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| 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 |
