YieldMax XOM Option Income Strategy ETF
XOMO
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
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Aug 31, 2023
- Website
- elevateshares.com
- Similar Companies
- Business
- YieldMax XOM Option Income Strategy ETF (XOMO) is an actively managed exchange-traded fund that seeks to generate current income through a synthetic covered call strategy on Exxon Mobil Corporation (XOM) common stock. The fund writes call options and invests in U.S. Treasuries; it also holds swaps collateralized by cash and U.S. Treasuries to create synthetic long exposure to XOM. YieldMax ETFs operate primarily in the U.S. financial markets, targeting income-seeking investors such as retail and institutional clients interested in high-yield strategies tied to single equities. Founded in 2023 as part of the YieldMax family of ETFs managed by Tidal Investments LLC, headquartered in Milwaukee, Wisconsin, XOMO focuses on the energy sector via its underlying XOM exposure, which spans global oil and gas exploration, production, refining, and chemicals. The fund does not invest directly in XOM shares but employs options-based tactics to harvest premiums while providing capped participation in XOM's price appreciation; distributions are paid monthly and may include return of capital. In 2024-2025, YieldMax expanded its suite of single-stock option income ETFs, launching additional tickers like those tied to other energy and tech names, amid growing demand for yield in volatile markets; no major acquisitions or name changes specific to XOMO occurred, though the broader YieldMax platform benefited from increased assets under management surpassing $1 billion collectively. The fund maintains a non-diversified portfolio with high portfolio turnover and full exposure to XOM's risks, including commodity price fluctuations and geopolitical factors affecting energy operations worldwide.