YieldMax Short TSLA Option Income Strategy ETF

Frequently Asked Questions About CRSH

What does CRSH invest in?

The YieldMax Short TSLA Option Income Strategy ETF (CRSH) is an actively managed exchange-traded fund. Its primary objective is to deliver consistent weekly income by employing a synthetic covered put strategy, which is specifically linked to the stock performance of Tesla Inc. (TSLA). This approach allows the fund to generate revenue from collected option premiums while simultaneously establishing an inverse (or short) market position relative to TSLA's share price fluctuations. To manage potential risks, the strategy incorporates the strategic purchase of call options.

What is the expense ratio of CRSH?

YieldMax Short TSLA Option Income Strategy ETF (CRSH) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.

What is CRSH's distribution yield?

CRSH's trailing-twelve-month yield is 83.96%, calculated from the sum of distributions over the past year divided by the current price. A rate this high reflects large option-premium distributions against a NAV that has declined over the same period — part of each payout may be return of capital rather than earned income.

How does CRSH's covered-call strategy work?

CRSH 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 CRSH?

YieldMax Short TSLA Option Income Strategy ETF (CRSH) manages $15.6M 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 CRSH actively managed or an index fund?

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