YieldMax Semiconductor Portfolio Option Income ETF (CHPY)Derivative Income | Exchange Traded Fund | NYSEArca
65.96 USD
-2.19
(-3.214%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 66.50 +0.54 (0.819%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:07 a.m. EDT
The headline-grabbing 23.35% yield is a mechanical artifact of the option income strategy, not a sustainable free cash flow dividend. While the recent price action shows resilience, trading near the 50-day average, the underlying statistical forecast is slightly bearish, and the options market is heavily hedged against a drop. This creates a dangerous asymmetry: the fund can generate massive income if the underlying semiconductor stocks stay flat, but the principal is exposed to severe drawdowns if the sector corrects. The 'exceptional' yield comes at the cost of capital preservation, making it unsuitable for a core holding despite the attractive distribution. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.160890 |
| MSTL | 0.170589 |
| AutoTheta | 0.177554 |
| AutoARIMA | 0.212803 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 4.82 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.253 |
| Excess Kurtosis | 0.00 |
| Attribute | Value |
|---|---|
| Trailing P/E | 41.37 |
As of Aug. 22, 2026, 3:07 a.m. EDT: Speculators are positioning defensively with heavy put open interest at strikes near the current price ($65-$70), creating a significant barrier to downside movement. Call activity is concentrated far out-of-the-money ($80-$115), indicating a speculative hope for a sharp semiconductor rally rather than a near-term directional bet. Implied volatility is elevated on deep OTM calls, suggesting fear of a gap-up event, while the moderate statistical forecast leans slightly negative, reinforcing the defensive posture.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.77% | 42.46% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-26 | 0.518 | 0.774059 |
| 2026-08-19 | 0.570 | 0.843195 |
| 2026-08-12 | 0.547 | 0.765785 |
| 2026-08-05 | 0.529 | 0.756363 |
| 2026-07-29 | 0.543 | 0.880779 |
| 2026-07-22 | 0.547 | 0.737197 |
| 2026-07-15 | 0.593 | 0.788564 |
| 2026-07-08 | 0.627 | 0.816406 |
| 2026-07-01 | 0.667 | 0.805069 |
| 2026-06-24 | 0.775 | 0.940306 |
| 2026-06-17 | 0.756 | 0.907563 |
| 2026-06-10 | 0.620 | 0.813969 |
| 2026-06-03 | 0.712 | 0.827234 |
| 2026-05-27 | 0.668 | 0.836883 |
| 2026-05-20 | 0.644 | 0.859813 |
| 2026-05-13 | 0.663 | 0.880011 |
| 2026-05-06 | 0.602 | 0.813404 |
| 2026-04-29 | 0.604 | 0.892171 |
| 2026-04-22 | 0.501 | 0.757943 |
| 2026-04-15 | 0.538 | 0.862179 |
| 2026-04-08 | 0.441 | 0.743551 |
| 2026-04-01 | 0.409 | 0.727240 |
| 2026-03-25 | 0.491 | 0.856744 |
| 2026-03-18 | 0.385 | 0.682624 |
| 2026-03-11 | 0.438 | 0.765600 |
| 2026-03-04 | 0.458 | 0.796522 |
| 2026-02-25 | 0.469 | 0.762478 |
| 2026-02-18 | 0.526 | 0.870717 |
| 2026-02-11 | 0.529 | 0.861563 |
| 2026-02-04 | 0.525 | 0.919118 |
| 2026-01-28 | 0.483 | 0.785238 |
| 2026-01-21 | 0.527 | 0.870930 |
| 2026-01-14 | 0.520 | 0.881804 |
| 2026-01-07 | 0.504 | 0.855397 |
| 2025-12-31 | 0.440 | 0.791225 |
| 2025-12-24 | 0.440 | 0.778073 |
| 2025-12-17 | 0.379 | 0.708544 |
| 2025-12-10 | 0.398 | 0.677101 |
| 2025-12-03 | 0.435 | 0.758500 |
| 2025-11-26 | 0.439 | 0.788292 |
| 2025-11-19 | 0.418 | 0.768241 |
| 2025-11-12 | 0.454 | 0.794262 |
| 2025-11-05 | 0.460 | 0.794610 |
| 2025-10-29 | 0.463 | 0.772439 |
| 2025-10-22 | 0.579 | 1.025142 |
| 2025-10-15 | 0.407 | 0.709059 |
| 2025-10-09 | 0.431 | 0.746838 |
| 2025-10-02 | 0.409 | 0.715911 |
| 2025-09-25 | 0.413 | 0.747376 |
| 2025-09-18 | 0.420 | 0.759768 |
| 2025-09-11 | 0.384 | 0.714552 |
| 2025-09-04 | 0.383 | 0.738384 |
| 2025-08-28 | 0.396 | 0.735103 |
| 2025-08-21 | 0.399 | 0.765101 |
| 2025-08-14 | 0.406 | 0.741688 |
| 2025-08-07 | 0.389 | 0.733547 |
| 2025-07-31 | 0.415 | 0.777299 |
| 2025-07-24 | 0.372 | 0.690551 |
| 2025-07-17 | 0.373 | 0.678046 |
| 2025-07-10 | 0.349 | 0.630567 |
| 2025-07-03 | 0.422 | 0.768600 |
| 2025-06-26 | 0.377 | 0.691046 |
| 2025-06-20 | 0.406 | 0.765503 |
| 2025-06-12 | 0.403 | 0.755786 |
| 2025-06-05 | 0.346 | 0.663967 |
| 2025-05-29 | 0.386 | 0.756685 |
| 2025-05-22 | 0.399 | 0.788771 |
| 2025-05-15 | 0.382 | 0.733910 |
| 2025-05-08 | 0.377 | 0.766104 |
| 2025-05-01 | 0.623 | 1.304657 |
| 2025-04-24 | 0.345 | 0.720115 |
| 2025-04-17 | 0.363 | 0.809166 |
| Attribute | Value |
|---|---|
| All Time High | 89.86 |
| All Time Low | 41.655 |
| Ask | 66.85 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 573,160 |
| Average Daily Volume3 Month | 737,014 |
| Average Volume | 737,014 |
| Average Volume10Days | 573,160 |
| Beta3 Year | 0.0 |
| Bid | 66.19 |
| Bid Size | 900 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 67.8399 |
| Day Low | 65.875 |
| Dividend Yield | 23.35 |
| Eps Trailing Twelve Months | 1.5943161 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 74.0964 |
| Fifty Day Average Change | -8.136398 |
| Fifty Day Average Change Percent | -0.10980829 |
| Fifty Two Week Change Percent | 30.85637 |
| Fifty Two Week High | 89.86 |
| Fifty Two Week High Change | -23.900002 |
| Fifty Two Week High Change Percent | -0.2659693 |
| Fifty Two Week Low | 50.85 |
| Fifty Two Week Low Change | 15.110001 |
| Fifty Two Week Low Change Percent | 0.2971485 |
| Fifty Two Week Range | 50.85 - 89.86 |
| First Trade Date Milliseconds | 1,744,119,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -2.19 |
| Fullday Change Percent | -3.2135 |
| Fullday Price | 66.5 |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,743,552,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund’s strategy involves: (1) constructing a portfolio of U.S.-listed equity securities of semiconductor companies (each, an “underlying security”) (the “Equity Strategy”) and (2) generating income through an options portfolio (the “Options Strategies”), which involve using options contracts on underlying securities and/or semiconductor ETFs. The fund is non-diversified. |
| Long Name | YieldMax Semiconductor Portfolio Option Income ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1900323812 |
| Nav Price | 66.8556 |
| Net Assets | 1,022,184,580.0 |
| Net Expense Ratio | 1.03 |
| Open | 67.64 |
| Post Market Change | 0.5400009 |
| Post Market Change Percent | 0.8186794 |
| Post Market Price | 66.5 |
| Post Market Time | 1,787,961,592 |
| Previous Close | 68.15 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.19 |
| Regular Market Change Percent | -3.2135 |
| Regular Market Day High | 67.8399 |
| Regular Market Day Low | 65.875 |
| Regular Market Day Range | 65.875 - 67.8399 |
| Regular Market Open | 67.64 |
| Regular Market Previous Close | 68.15 |
| Regular Market Price | 65.96 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 628,870 |
| Short Name | YieldMax Semiconductor Portfoli |
| Source Interval | 15 |
| Symbol | CHPY |
| Total Assets | 1,022,184,576 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 41.37197 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 8.23967 |
| Trailing Three Month Returns | 8.23967 |
| Triggerable | 1 |
| Two Hundred Day Average | 65.59065 |
| Two Hundred Day Average Change | 0.36934662 |
| Two Hundred Day Average Change Percent | 0.0056310864 |
| Type Disp | ETF |
| Volume | 628,870 |
| Yield | 0.2335 |
| Ytd Return | 55.50717 |