YieldMax Short N100 Option Income Strategy ETF
YQQQ
NASDAQ Global Market- -
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.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
- Aug 15, 2024
- Website
- yieldmaxetfs.com
- Similar Companies
- Business
- YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an actively managed exchange-traded fund that seeks to generate monthly current income through a synthetic covered put strategy on the Nasdaq-100 Index while providing indirect short exposure to the Index's performance, subject to limits on potential gains from Index declines. The ETF collateralizes its options positions primarily with U.S. Treasuries; employs synthetic short exposure via long at-the-money put options and short at-the-money call options on the Index with three- to six-month terms; sells put options at strike levels approximately 0%-15% below the current Index level to generate income; and purchases out-of-the-money call options to partially cap losses from significant Index appreciation. YQQQ distributes income monthly, which may include ordinary dividends, capital gains, and return of capital, and trades on the Nasdaq with a net expense ratio of 0.99%. Launched on August 14, 2024, YQQQ represents an industry-first short option income strategy offered by YieldMax ETFs, a brand under Tidal Investments LLC (formerly Toroso Investments), with portfolio management by Tidal ETF Services and sub-advisers including Michael Venuto, Jay Pestrichelli, and Christopher Mullen. The fund operates without direct investment in Nasdaq-100 constituent companies, focusing instead on derivatives-based strategies non-diversified across a limited number of holdings, primarily Treasuries and Index options, targeting investors seeking income amid potential Index downside. YQQQ is distributed by Foreside Fund Services LLC and maintains U.S. domicile with no geographic operations beyond domestic markets. In recent developments, YieldMax ETFs, including YQQQ, announced a transition to weekly distributions across its single-stock and Index option income ETF suite in October 2025, enhancing payout frequency for investors while maintaining the core monthly income objective through options premiums. The firm continues expanding its lineup, with launches such as the Ultra Short Option Income Strategy ETF (SLTY) in August 2025, underscoring strategic growth in short and high-yield option income products amid volatile equity markets. No major acquisitions, funding rounds, or reorganizations specific to YQQQ have been reported in the past 1-2 years.