YieldMax Target 12 Semiconductor Option Income ETF
SOXY
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings 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
- Dec 3, 2024
- Website
- yieldmaxetfs.com
- Similar Companies
- Business
- YieldMax Target 12 Semiconductor Option Income ETF (SOXY) is an actively managed exchange-traded fund that primarily seeks current income targeting an annual level of 12% through writing options contracts on a portfolio of 15-30 semiconductor companies, with a secondary objective of capital appreciation via direct equity investments in those companies; its strategy includes constructing an equity portfolio of U.S.-listed securities of semiconductor firms and generating income from covered call options on underlying securities or semiconductor ETFs. Top holdings typically feature leading semiconductor names such as NVIDIA Corporation (approximately 18%), Taiwan Semiconductor Manufacturing Company Limited (around 13%), ASML Holding N.V. (about 10%), Broadcom Inc. (roughly 8%), and others including Micron Technology Inc., Advanced Micro Devices Inc., Intel Corp., Applied Materials Inc., QUALCOMM Inc., and ARM Holdings PLC, representing over 70% of assets; the fund maintains 70-80 total holdings, concentrates in the technology/semiconductor sector, targets large-cap developed market equities, and operates with a net expense ratio of 0.99%. Launched on December 2, 2024, SOXY trades on U.S. exchanges including NYSE Arca, with assets under management around $12 million and distributions paid frequently, often weekly or monthly, comprising option income, ordinary dividends, capital gains, or return of capital. YieldMax ETFs, the brand under which SOXY operates as part of a suite of over 60 option income strategies with total platform assets exceeding $12 billion, is advised by Tidal Investments LLC, sub-advised by ZEGA Financial, LLC, and distributed by Foreside Fund Services, LLC; the platform focuses on U.S. investors with some international expansions, though SOXY remains domestically oriented in U.S.-listed securities potentially including foreign depositary receipts. In January 2025, YieldMax strengthened its infrastructure through the integration of ZEGA Financial with Tidal Investments, enhancing trading capabilities, portfolio management, and support for rapid ETF expansion following SOXY's recent launch. YieldMax continues active product development, including new Target 25 ETFs and a UCITS ETF in Europe via partnership with HANetf in March 2025, alongside ongoing weekly distribution announcements through December 2025.