

YieldMax Universe Fund of Option Income ETFs is upgraded to hold as strategy changes have steadied NAV and distributions. YMAX's diversification across 28 YieldMax ETFs insulates it from sector-specific risks, with the current heaviest weighting at 5.58% in MRNY. Recent strategy shifts reduced aggressive payouts, resulting in steadier distributions (now 0.8% of NAV weekly) and slower NAV erosion.

CHICAGO and MILWAUKEE and NEW YORK, Oct. 06, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs announced distributions for the YieldMax® Group 1 weekly pay ETFs. Group 1 Distribution Announcement Ex.

CHICAGO and MILWAUKEE and NEW YORK, Sept. 29, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs announced distributions for the YieldMax® Group 1 weekly pay ETFs.

CHICAGO and MILWAUKEE and NEW YORK, Sept. 22, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs announced distributions for the YieldMax® Group 1 weekly pay ETFs.

CHICAGO and MILWAUKEE and NEW YORK, Sept. 15, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs announced distributions for the YieldMax® Group 1 weekly pay ETFs.

CHICAGO and MILWAUKEE and NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs announced distributions for the YieldMax® Group 1 weekly pay ETFs.

CHICAGO and MILWAUKEE and NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs announced distributions for the YieldMax® Group 1 weekly pay ETFs.

The YieldMax Universe Fund of Option Income ETFs remains a hold due to persistent NAV erosion and an unsustainable distribution policy. Despite a 40%+ annualized yield, YMAX's share price declined 22.7% YTD, and total return is only 4.8% with reinvested distributions. Recent portfolio adjustments—momentum-based allocation, expanded universe, and short ETF inclusion—have not reversed capital outflows or performance issues.