YMAX ETF Profile

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 Smci Option Income Strategy ETF	SMCY	4.6900%
YieldMax SNOW Option Income Strategy ETF	SNOY	4.1400%
YieldMax AI Option Income Strategy ETF	AIYY	4.1000%
Yieldmax Tsla Option Income ETF	TSLY	4.0200%
YieldMaxTM PLTR Option Income Strategy ETF	PLTY	3.8700%
Yieldmax Meta Option Income Strategy ETF	FBY	3.8500%
YieldMax Innovation Option Income Strategy ETF	OARK	3.7600%
YieldMax GOOGL Option Income Strategy ETF	GOOY	3.6800%
YieldMax NFLX Option Income Strategy ETF	NFLY	3.6800%
YieldMax PYPL Option Income Strategy ETF	PYPY	3.6700%
	Top 10 Holdings Weight:	39.5%

Number of Holdings:	28
Shares Outstanding:
Total Net Assets:
NAV:	18.43
Net Expense Ratio:	1.28%

Asset Class:	Equities (Stocks)
Developed or Emerging:	Developed Market Funds
Country:	US
Region:
Strategy:	Covered Call Strategy
Currency:
Commodity:
Sector:	Sector Rotation / Combinations
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap:	Large Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged:	No
US or Ex-US:	Domestic