YieldMax GME Option Income Strategy ETF

Frequently Asked Questions About GMEY

What does GMEY invest in?

The YieldMax GME Option Income Strategy ETF (GMEY) is an actively managed exchange-traded fund. Its primary objective is to deliver consistent weekly income to investors. This is achieved through the strategic writing (selling) of call options or call spreads specifically targeting the underlying GME stock. The fund's methodology focuses on securing the premiums generated from these options, while also providing a degree of exposure to potential upward movements in GME's share price.

What is the expense ratio of GMEY?

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

What is GMEY's distribution yield?

GMEY's trailing-twelve-month yield is 66.71%, 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 GMEY's covered-call strategy work?

GMEY 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 GMEY?

YieldMax GME Option Income Strategy ETF (GMEY) manages $1.7M 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 GMEY actively managed or an index fund?

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