YIELDMAX SPCX OPTION INCOME STRATEGY ETF

Frequently Asked Questions About YSPC

What does YSPC invest in?

An actively managed ETF that seeks to generate weekly income by selling call spreads on Space Exploration Technologies Corp (SPCX). The fund does not invest directly in SPCX but aims to provide income from its volatility while allowing for some participation in share price appreciation.

What is the expense ratio of YSPC?

YIELDMAX SPCX OPTION INCOME STRATEGY ETF (YSPC) charges an expense ratio of 1.01%. This is the annual fee deducted from fund assets to cover management and operations.

What is YSPC's distribution yield?

YSPC's trailing-twelve-month yield is 4.77%, calculated from the sum of distributions over the past year divided by the current price.

How does YSPC's covered-call strategy work?

YSPC 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 YSPC?

YIELDMAX SPCX OPTION INCOME STRATEGY ETF (YSPC) manages $7.0M 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 YSPC actively managed or an index fund?

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