YieldMax Launches APLY, the YieldMax AAPL Option Income Strategy ETF
April 18 2023 - 8:30AM
YieldMax announced the launch today of the YieldMax AAPL Option
Income Strategy ETF (NYSE Arca: APLY), which seeks to generate
monthly income via a synthetic covered call strategy on Apple Inc.
(
AAPL). APLY is actively managed by ZEGA
Financial. The fund does not invest directly in AAPL.
APLY is the latest member of the YieldMax family and like all
YieldMax ETFs, aims to deliver substantial monthly income to
investors. APLY joins existing YieldMax ETFs, TSLY
and OARK, whose current yield information is
provided in the table below:
ETF Ticker1 |
ETF Name |
Reference Asset |
Current
Yield2,3,4 |
TSLY |
YieldMax TSLA Option Income Strategy ETF |
TSLA |
66.03 |
% |
OARK |
YieldMax Innovation Option Income Strategy ETF |
ARKK |
39.01 |
% |
1 YieldMax ETFs have a gross expense ratio of 0.99%.
2 The Current Yield is the annual yield an investor would
receive if the most recently declared distribution, which
includes option income, remained the same going forward.
The Current Yield is calculated by multiplying such distribution by
twelve (12), and dividing the resulting amount by the ETF’s most
recent NAV. The Current Yield represents a single distribution from
the ETF and does not represent its total return.
3 The 30-Day SEC Yield for TSLY is 2.66% and the 30-Day SEC
Yield for OARK is 1.91%. The 30-Day SEC Yield represents net
investment income, which excludes option income,
earned by such ETF over the 30-Day period ended March 31st, 2023,
expressed as an annual percentage rate based on such ETF’s share
price at the end of the 30-Day period.
For TSLY prospectus, click here. For TSLY standardized
performance, click here. For OARK prospectus, click here. For OARK
standardized performance, click here.
The performance data quoted above represents past performance.
Past performance does not guarantee future results. The investment
return and principal value of an investment will fluctuate so that
an investor’s shares, when sold or redeemed, may be worth more or
less than their original cost and current performance may be lower
or higher than the performance quoted above. Performance current to
the most recent month-end can be obtained by calling (833)
378-0717.
Tidal Financial Group is the adviser for all YieldMax ETFs and
ZEGA Financial is their sub-adviser.
About Tidal Financial Group
Formed by ETF industry pioneers and thought leaders, Tidal
Financial Group sets out to revolutionize the way ETFs have
historically been developed, launched, marketed and sold. With a
focus on growing AUM, Tidal offers a comprehensive suite of
services, proprietary tools, and methodologies designed to bring
lasting ideas to market. Tidal is an advocate for ETF innovation.
The firm is on a mission to provide issuers with the intelligence
and tools needed to efficiently and to effectively launch ETFs and
to optimize growth potential in a highly competitive space. For
more information, visit https://www.tidalfinancialgroup.com/.
About ZEGA Financial
Founded in 2011, ZEGA Financial is an SEC-registered investment
adviser and investment manager that specializes in derivatives. The
firm leverages technology, data, experience, and proprietary
strategies to craft products and services for advisors and
individual investors. ZEGA Financial helps investors successfully
navigate volatile and uncertain markets through innovative hedging
strategies. The firm's founding principles grew out of the
bestselling book co-authored by Jay Pestrichelli, ZEGA's CEO and
Co-Founder, entitled "Buy and Hedge, the Five Iron Rules for
Investing Over the Long Term." His book highlights how to bridge
the complicated nature of options investing with the needs of the
everyday investor.
Risk Disclosures
Investing involves risk. Principal loss is possible.
Holdings
As of April 17, 2023, neither OARK, TSLY or APLY held any shares
of Apple Inc. (AAPL). Each of their holdings of AAPL was 0.00% as
of such date.
The Fund is distributed by Foreside Fund Services, LLC. Foreside
is not affiliated with YieldMax.
Gavin Filmore
(844) 986-7676 #725
gfilmore@tidalfg.com
Tidal ETF Trust (NYSE:APLY)
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