TTTidal Trust II YieldMax MSTR Option Income Strategy ETF
22.83USDR
−0.03−0.13%
At close at Jul 17, 23:59 GMT
USD
No trades
Key stats
About Tidal Trust II YieldMax MSTR Option Income Strategy ETF
Home page
Inception date
Feb 22, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
MSTY aims to generate monthly income while providing exposure to the price returns of MicroStrategy stock (MSTR), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of MSTR by purchasing and selling at-the-money calls and puts that have one- to six-month terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approximately 0%-15% above MSTR's current share price. This limits participation in potential gains if MSTR shares increase in value. The short put positions fully expose investors to the downside of the stock. Note: the fund does not invest directly in MSTR stocks. Thus, investors are not entitled to any MSTR dividends.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Rights & Warrants
Bonds, Cash & Other100.00%
Government63.33%
Cash25.16%
Rights & Warrants11.49%
Mutual fund0.02%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Symbol
Assets
Symbol
Assets
U
U.S. Dollar
25.16%
U
United States Treasury Notes 3.875% 15-JAN-2026US91282CGE57
22.25%
O
OPTIONS
11.49%
U
United States Treasury Notes 4.25% 15-OCT-2025US91282CFP1
11.06%
U
United States Treasury Bills 0.0% 14-AUG-2025US912797PN1
10.28%
U
United States Treasury Bills 0.0% 06-NOV-2025
8.60%
A
United States Treasury Notes 3.0% 15-JUL-2025A3K7LJ
6.46%
U
United States Treasury Bills 0.0% 19-FEB-2026US912797PM3
4.70%
F
First American Funds Inc X Government Obligations Fund
0.02%
Top 10 weight100.00%
9 total holdings
Dividends
Jan '25
Feb '25
Mar '25
Apr '25
May '25
Jun '25
Jul '25
0.00
0.60
1.20
1.80
2.40
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Jul 3, 2025
Jul 3, 2025
Jul 7, 2025
1.238
Monthly
Jun 5, 2025
Jun 5, 2025
Jun 6, 2025
1.471
Monthly
May 8, 2025
May 8, 2025
May 9, 2025
2.373
Monthly
Apr 10, 2025
Apr 10, 2025
Apr 11, 2025
1.336
Monthly
Mar 13, 2025
Mar 13, 2025
Mar 14, 2025
1.378
Monthly
Feb 13, 2025
Feb 13, 2025
Feb 14, 2025
2.022
Monthly
Jan 16, 2025
Jan 16, 2025
Jan 17, 2025
2.279
Monthly
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MSTY last dividends amounted to 1.24 USD. The month before, the issuer paid 1.47 USD in dividends, which shows a 18.78% decrease.
MSTY assets under management is 5.77 B USD. It's risen 18.92% over the last month.
MSTY fund flows account for 5.85 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MSTY pays dividends to its holders with the dividend yield of 216.72%. The last dividend (Jul 7, 2025) amounted to 1.24 USD. The dividends are paid monthly.
MSTY shares are issued by Toroso Investments Topco LLC under the brand YieldMax. The ETF was launched on Feb 22, 2024, and its management style is Active.
MSTY expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
MSTY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSTY invests in bonds.
MSTY price has risen by 7.22% over the last month, and its yearly performance shows a −18.75% decrease. See more dynamics on MSTY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 37.21% increase in three-month performance and has increased by 46.59% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 37.21% increase in three-month performance and has increased by 46.59% in a year.
MSTY trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.