YieldMax R2000 0DTE Covered Call Strategy ETF
RDTY
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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
- Feb 12, 2025
- Website
- yieldmaxetfs.com
- Similar Companies
- Business
- YieldMax Russell 2000 0DTE Covered Call Strategy ETF (RDTY) is an actively managed exchange-traded fund that seeks current income and secondary capital appreciation through a synthetic covered call strategy on the Russell 2000 Index. The fund generates income primarily by selling out-of-the-money, zero days to expiration (0DTE) call options on the Index or Index ETFs at market open each business day, while maintaining synthetic long exposure to the Index's price return up to a daily cap; it aims to distribute such income weekly and invests at least 80% of its assets in these 0DTE Russell 2000 options contracts, including both standard exchange-traded and FLEX options, collateralized by U.S. Treasurys. RDTY does not invest directly in the Russell 2000 Index constituents or related ETFs but employs options-based strategies to harvest premiums from potential volatility mispricing in the short-dated options market, subjecting it to full downside exposure if the Index declines while limiting upside gains. Launched on March 5, 2025, RDTY operates within the derivative income segment of the U.S. ETF market, targeting investors seeking high-yield weekly payouts from small-cap index exposure; as of late 2025, it maintains assets under management of approximately $11 million with an expense ratio of 1.01% and a trailing twelve-month dividend yield exceeding 20%. The ETF is part of the broader YieldMax ETFs lineup, advised by Tidal Investments LLC (headquartered in Milwaukee, Wisconsin), sub-advised by ZEGA Financial, LLC, distributed by Foreside Fund Services, LLC (Portland, Maine), and custodied by U.S. Bank National Association; YieldMax ETFs, founded by ETF industry veterans specializing in options strategies, has rapidly expanded its suite to over 40 funds focused on income-generating covered call and option-income approaches across single stocks, indices, and portfolios. Recent developments for RDTY and its YieldMax parent include the fund's inaugural launch press release in early March 2025 amid a wave of 26 new U.S. ETF offerings, with no reported acquisitions, funding rounds, or name changes specific to RDTY; YieldMax has pursued aggressive product diversification, launching over a dozen new ETFs in 2025 such as the RDDT Option Income Strategy ETF (RDYY, September 2025), Performance & Distribution Target 25 series (e.g., MSST on MSTR, November 2025), and its first European UCITS ETFs like YMAG (March 2025) and NATY/ULTY (November 2025) via partnerships with HANetf and Tidal ETF Services. These expansions reflect YieldMax's strategic shift toward global reach, weekly-pay structures, and ultra-short options (0DTE) innovations, alongside milestones like closing the Nasdaq bell in August 2025 to celebrate AUM growth beyond $9 billion across its portfolio; operational enhancements include ongoing collaborations with Tidal for launch and structure support, Foreside for distribution, and U.S. Bancorp for fund services.