YieldMax NFLX Option Income Strategy ETF

Frequently Asked Questions About NFLY

What does NFLY invest in?

The YieldMax NFLX Option Income Strategy ETF (NFLY) functions as a dynamically managed exchange-traded fund. Its primary objective is to deliver consistent weekly earnings by implementing a strategy of selling call options or call spreads tied to NFLX stock. This method is structured to capitalize on the premiums generated from these option contracts, concurrently offering investors exposure to potential upside in NFLX's share price.

What is the expense ratio of NFLY?

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

What is NFLY's distribution yield?

NFLY's trailing-twelve-month yield is 69.62%, calculated from the sum of distributions over the past year divided by the current price.

How does NFLY's covered-call strategy work?

NFLY 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 NFLY?

YieldMax NFLX Option Income Strategy ETF (NFLY) manages $38.4M 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 NFLY actively managed or an index fund?

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