YieldMax HOOD Option Income Strategy ETF
HOOY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Mar 19, 2025
- CIK
- 0001924868
- Website
- tidalfinancialgroup.com
- Similar Companies
- Business
- YieldMax HOOD Option Income Strategy ETF (HOOY) is an actively managed exchange-traded fund that seeks current monthly income through a synthetic covered call strategy on Robinhood Markets, Inc. (HOOD), collateralized by cash and U.S. Treasurys; the fund employs both standardized exchange-traded options and FLEX options, while providing capped exposure to HOOD's share price appreciation and full exposure to potential declines. Launched on May 7, 2025, HOOY does not invest directly in HOOD shares and targets investors seeking high yields from option premiums, with recent distributions including significant return of capital components, such as 100% in the July 25, 2025 payout and 95.58% in the December 17, 2025 payout. Headquartered through its issuer Tidal Financial Group in Milwaukee, Wisconsin, with operations managed via Tidal's Chicago and New York presence, HOOY operates within the derivative income ETF segment, focusing on financial services-linked single-issuer strategies for retail and institutional investors across U.S. exchanges. In recent developments, YieldMax announced HOOY's launch on May 8, 2025, as part of its expanding suite of over 40 option income ETFs; integrated ZEGA Financial with Tidal Financial Group in January 2025 to enhance trading capabilities and support platform growth; launched a new Performance & Distribution Target 25 ETF family on November 18, 2025, targeting weekly income at 25% annualized levels; and expanded into Europe via partnership with HANetf in November 2025 for UCITS versions like NATY and ULTY. The fund maintains a gross expense ratio of 0.99%, holds approximately 19-26 positions primarily in options and Treasurys, and announced weekly distributions for Group 2 ETFs including HOOY as of December 16, 2025.