YieldMax CRCL Option Income Strategy ETF

Frequently Asked Questions About CRCO

What does CRCO invest in?

The YieldMax CRCL Option Income Strategy ETF, trading under the ticker CRCO, is a dynamically managed exchange-traded fund. Its primary objective is to generate consistent income on a weekly basis. It achieves this by implementing a strategy that involves writing (selling) call options or call spreads on the stock of CRCL. This dual-purpose approach is engineered to collect option premiums while simultaneously allowing for participation in any appreciation of CRCL's share price.

What is the expense ratio of CRCO?

YieldMax CRCL Option Income Strategy ETF (CRCO) charges an expense ratio of 1.01%. This is the annual fee deducted from fund assets to cover management and operations.

What is CRCO's distribution yield?

CRCO's trailing-twelve-month yield is 152.84%, calculated from the sum of distributions over the past year divided by the current price.

How does CRCO's covered-call strategy work?

CRCO sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is CRCO?

YieldMax CRCL Option Income Strategy ETF (CRCO) manages $20.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CRCO actively managed or an index fund?

CRCO's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.