YieldMax MSTR Option Income Strategy ETF (MSTY)
| Assets | $1.67B |
| Expense Ratio | 0.99% |
| PE Ratio | n/a |
| Shares Out | 50.77M |
| Dividend (ttm) | $86.69 |
| Dividend Yield | 281.39% |
| Ex-Dividend Date | Dec 18, 2025 |
| Payout Frequency | Weekly |
| Payout Ratio | n/a |
| Volume | 1,385,957 |
| Open | 32.48 |
| Previous Close | 30.78 |
| Day's Range | 30.66 - 32.81 |
| 52-Week Low | 30.66 |
| 52-Week High | 183.68 |
| Beta | n/a |
| Holdings | 32 |
| Inception Date | Feb 22, 2024 |
About MSTY
Fund Home PageThe YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.
Top 10 Holdings
172.63% of assets| Name | Symbol | Weight |
|---|---|---|
| OTHER ASSETS AND LIABILITIES | n/a | 64.62% |
| United States Treasury Bills 0% | B.0 08.06.26 | 31.49% |
| United States Treasury Bills 0% | B.0 07.09.26 | 21.00% |
| United States Treasury Bills 0% | B.0 04.09.26 | 15.87% |
| United States Treasury Bills 0% | B.0 02.19.26 | 10.50% |
| United States Treasury Bills 0% | B.0 06.11.26 | 7.61% |
| MSTR US 01/16/26 C300 | n/a | 7.01% |
| MSTR US 02/20/26 C165 | n/a | 6.16% |
| MSTR US 01/16/26 C270 | n/a | 4.64% |
| Cash Offset | n/a | 3.73% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.3869 | Dec 19, 2025 |
| Dec 11, 2025 | $0.5859 | Dec 12, 2025 |
| Dec 4, 2025 | $0.694 | Dec 5, 2025 |
| Nov 28, 2025 | $0.676 | Dec 1, 2025 |
| Nov 20, 2025 | $0.7375 | Nov 21, 2025 |
| Nov 13, 2025 | $0.810 | Nov 14, 2025 |
Performance
MSTY had a total return of -53.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 39.41%.
News
MSTY: Why It's Not As Bad As It Seems
YieldMax MSTR Option Income Strategy ETF (MSTY) closely tracks MSTR, serving as a high-yield covered call ETF proxying Bitcoin exposure. MSTY's recent share price decline is attributed to MSTR and Bit...
MSTY: Careful With This Fantastical Investment
YieldMax MSTR Option Income Strategy ETF (MSTY) offers a headline 110%+ yield but suffers from severe NAV erosion and high risk. MSTY's covered-call strategy on MSTR exposes investors to leveraged Bit...
Exit 200%+ Yield MSTY - And Don't Look Back
YieldMax MSTR Option Income Strategy ETF (MSTY) is now a strong sell due to ongoing Bitcoin weakness and MSTY's structural underperformance. BTC and major altcoin dominance declines, coupled with stab...
Dividend Harvesting Portfolio Week 249: $24,900 Allocated, $2,646.53 In Projected Dividends
The Dividend Harvesting Portfolio remains up 32.60% on invested capital, yielding 8.02%, despite a temporary dip in dividend income from the MSTY reverse split. A dovish Fed rate cut and bullish GDP p...
MSTY: The Dark Side Of Its 100%+ Yield
The Yieldmax MSTR Option Income Strategy ETF (MSTY) offers a headline 100%+ yield, but this is largely unsustainable and primarily funded by return of capital. MSTY consistently underperforms MSTR dur...
MSTY, BLOX, IWMI: Building A High-Income Portfolio
I construct covered call ETF portfolios using a three-bucket approach: safe, moderate, and ultra-high yield for balanced income and risk. Portfolio weightings target 50% in 10–25% yield ETFs, 30% in 2...
Is Your Retirement Income Enough? How I Leveled Up Mine With Covered Call ETFs
Yield for traditional income sources have started to compress. For income-oriented investors, who seek to build a reliable passive income machine it causes a real headache. To hit a certain target inc...
ETF Edge: Drivers behind leveraged & options-based funds and key trends for 2026
The overwhelming majority of single-stock ETFs and leveraged or inverse strategies are owned, not by institutional investors, but by retail investors. Individuals are pouring billions into increasingl...
MSTY: Understanding Its Performance And Potential
YieldMax MSTR Option Income Strategy ETF (MSTY) offers high income via covered calls on volatile MSTR, but has suffered alongside MSTR's decline. MSTY's recent price drop is tied to MSTR's weakness an...
Undercovered Dozen: Power Solutions, USA Rare Earth, Archer Aviation And More
The Undercovered Dozen highlights 12 lesser-followed stocks and ETFs, offering fresh investment ideas and sparking community discussion on Seeking Alpha. This week's edition covers articles published ...
MSTY: Why This Extremely Risky ETF Is Worth My Capital
YieldMax MSTR Option Income Strategy ETF offers an extremely high yield but carries significant risk and aggressive volatility due to its options-based strategy. MSTY's performance is closely tied to ...
MSTY's Dangerously High Yield: Direct Investment In Bitcoin A Better Idea
YieldMax MSTR Option Income ETF has suffered significant declines alongside cryptocurrencies and Strategy Inc. MSTY's dividends have been sharply reduced recently, reflecting falling net asset value. ...
MSTY: Weekly Instead Of Monthly Distributions From This 198% Yielding ETF
YieldMax MSTR Option Income Strategy ETF offers exceptionally high yields but comes with significant capital risk and extreme volatility. MSTY uses synthetic exposure to MSTR via options, generating i...
MSTY: Getting Interesting Again
Yieldmax MSTR Option Income Strategy ETF is regaining appeal after a period of NAV erosion and price volatility. MSTY's investment thesis centers on generating high income, not capturing upside, with ...
MSTW Over MSTY: The Better Pick Among Two Flawed Strategy Plays
Roundhill MSTR WeeklyPay ETF (MSTW) and Yieldmax MSTR Option Income Strategy ETF (MSTY) both rely on volatile MSTR for income generation. MSTW uses 20% weekly leverage, amplifying both drawdowns and r...
MSTY: Sucker Yield, But Has Its Place For Those Seeking Income, Not Alpha
YieldMax's MSTR Option Income Strategy ETF offers a massive 97% yield, appealing to investors focused solely on short-term income. MSTY employs a synthetic options strategy on MicroStrategy, capping u...
As the MSTR stock dives, is the 183% yielding MSTY a better buy?
The Strategy stock price continues to plunge this month and has now fallen to the lowest level since April this year. It has moved into a deep bear market after falling by 35 percent from its highest ...
YieldMax® ETFs Announces Distributions on WNTR, MSTY, ULTY, SLTY, SMCY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below.
Where I'm Stashing My Retirement Income Cash Right Now (And Why)
Pessimistic market sentiment often creates generational buying opportunities. Legendary investors like Warren Buffett have made fortunes by being greedy when others are fearful. Unfortunately, while t...
MSTY: Why I Sold, When I'd Buy Again
I sold my MSTY position due to NAV erosion, falling distributions, and better income opportunities elsewhere, despite still being in the green overall. MSTY is best viewed as a pure income play, not f...
MSTY: Why Dividend Payouts Have Fallen And Will Keep Falling
I am downgrading MSTY from Buy to Hold due to declining option premiums and falling share price, despite Bitcoin's strength. MSTY's payouts have dropped as MSTR's implied volatility has trended lower,...
Undercovered Dozen: MSTY, Devon Energy, D-Wave Quantum, OMAH, And More
The Undercovered Dozen spotlights 12 lesser-known stocks and ETFs, offering fresh investment ideas and sparking community discussion. AMLP, YMAX, NIO, Devon Energy, STRK, and Canadian Natural Resource...
MSTY's 100%+ Yield Intact
Bitcoin's recent price movements do not warrant panic. I maintain my previous price prediction of $225,000 for BTC, suggesting that MSTY's triple digit yield will continue for the foreseeable future. ...
YieldMax® ETFs Announces Distributions on SMCY, WNTR, ULTY, MSTY, LFGY, and Others
CHICAGO and MILWAUKEE and NEW YORK, Aug. 27, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 E...
MSTY: Fails From A Structural Standpoint, Works From An Investor Pshychology Perspective
The Yieldmax MSTR Option Income Strategy ETF (MSTY) is an actively managed fund that aims to generate monthly income by selling call and put options on MicroStrategy (MSTR). From a performance standpo...
YieldMax® ETFs Announces Distributions on SMCY, ULTY, XYZY, MSTY, WNTR, and Others
CHICAGO and MILWAUKEE and NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 E...
MSTY: A High-Risk, High-Reward Bet On Bitcoin
The YieldMax MSTR Option Income Strategy ETF offers high-yield exposure to Strategy and Bitcoin via a synthetic long position and a covered call strategy. The ETF is best suited for investors with a b...
MSTY: 100%+ Yield? Don't Fall For The Hype
MSTY offers an extremely high yield via aggressive covered call strategies on MicroStrategy, but this comes with significant downside risk and capped upside. Despite MSTR's massive gains, MSTY has dra...
YieldMax® ETFs Announces Distributions on SMCY, ULTY, MSTY, WNTR, LFGY, and Others
CHICAGO and MILWAUKEE and NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 E...
IMST: Not Even A New Wrapper For The Same MSTY Option Income Problem
MSTY and IMST both suffer from using highly volatile MSTR as the underlying, making option income strategies structurally weak for long-term investors. IMST does not offer meaningful improvements over...
MSTY: This High-Risk, High-Yield ETF Is All Smoke And Mirrors
Yieldmax MSTR Option Income Strategy ETF's headline ~100%+ yield is mostly return of capital, not sustainable income, making the high payout misleading for long-term investors. The MSTY fund's synthet...
Dividend Harvesting Portfolio Week 224: $22,400 Allocated, $2,349.12 In Projected Dividends
Despite a market pullback, my Dividend Harvesting Portfolio delivered positive returns and increased income, showcasing the benefits of diversification and disciplined reinvestment. I added to VICI, N...
YieldMax® ETFs Announces Distributions on XYZY, WNTR, SMCY, AIYY, MSTY, and Others
CHICAGO and MILWAUKEE and NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 E...
Why MSTY's High Yield Could Fly Even Higher As Strategy's Volatility Potentially Rebounds
MSTY's 140% dividend yield remains sustainable and could rise further, driven by MSTR's unique volatility and leveraged Bitcoin exposure. Active management allows MSTY to generate strong premiums even...
MSTY: Harnessing Strategy's Bitcoin-Driven Volatility For High-Yield Income
Yieldmax MSTR Option Income Strategy ETF offers a way for income investors to gain exposure to the volatility of Bitcoin and MSTR using advanced options trading strategies to generate a 140% TTM yield...
MSTY: The Market Environment Is Better For This Fund Now
I am upgrading MSTY from sell to hold due to a more favorable regulatory and political environment for cryptocurrencies under President Trump. MSTY offers high income potential and strong recent retur...
Final Trade: MSTY, NVO, DKS, HD
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Can MSTY's 120%+ Yield Hold Up?
MSTY has done incredibly well with a 12-month trailing dividend yield of 123%, but I don't believe this performance will continue in 2025. Of the three underlying mechanisms MSTY uses to generate inco...
YieldMax™ ETFs Announces Distributions on MSTY, LFGY, ULTY, SMCY, and Others
CHICAGO, MILWAUKEE and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group D ETFs listed in the table below.
MSTY: Why The 83% Distribution Rate Doesn't Justify The Current Risks
The YieldMax MSTR Option Income Strategy ETF is a single stock covered call ETF tied to Strategy, which is heavily linked to Bitcoin. Despite Bitcoin's 23% drop, MSTY's distribution rate decreased fro...
MSTY: Payouts Continue To Decline As Bitcoin Cycle Shifts
YieldMax MSTR Option Income Strategy ETF (MSTY) offers a high distribution yield but carries elevated risk due to its indirect association with Bitcoin's volatility. MSTY's synthetic options strategy ...
MSTY: Selling MSTR Covered Calls Relatively Less Risky In Today's Market
Trump's tariffs have created a favorable environment for MSTY due to MSTR capturing overall higher market volatility despite its business being minimally affected by tariffs. MSTY offers significant i...
YieldMax™ ETFs Announces Distributions on SMCY (102.27%), MSTY (101.29%), ULTY (78.88%), AIYY (70.96%), LFGY (69.83%), and Others
CHICAGO and MILWAUKEE and NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 ...
MSTY: Misplaced Product Only For 'Have To Do Bitcoin With Reduced Volatility'
YieldMax MSTR Option Income Strategy ETF (MSTY) is a high-risk income ETF with volatile underlying assets, making it unsuitable for stable income seekers. Covered call strategies on volatile assets li...
MSTY: Stop Selling Off Your Upside For Cents On The Dollar
MSTY, the Yieldmax MSTR Option Income Strategy ETF, is an inefficient fund that we expect will decay over time, making it unsuitable for those seeking income or price appreciation. While MSTY sports a...
YieldMax™ ETFs Announces Distributions on SMCY (101.11%), MSTY (89.54%), AIYY (83.75%), ULTY (83.40%), LFGY (60.76%) and Others
CHICAGO and MILWAUKEE and NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group D ETFs listed in the table below. ETF Ticker 1 ...
MSTY: This Fund Has A Poor Risk-Reward Profile
Creativity in investing is essential, but overcomplicating strategies can be problematic. Covered-call ETFs are increasingly popular among dividend investors seeking alternatives in low-rate environme...
MSTY Is A Buy Due To Peak Yield And Implied Volatility
I recommend a buy rating for YieldMax MSTR Option Income Strategy ETF due to its current 160%+ dividend yield and high implied volatility of MSTR stock. Both readings are near peak levels since the fu...
High Yields Will Never Be The Same - Here's Why
High-yield investments like BDCs, MLPs, CEFs, and REITs offer substantial dividend yields, often overlooked by retail investors due to a lack of awareness. Option ETFs generate high income by writing ...