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YieldMax Ultra Option Income Strategy ETF (ULTY)

Derivative Income | Exchange Traded Fund | NYSEArca
32.20 USD +0.49 (1.546%) ⇧ (April 17, 2026, 3:44 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 3:56 p.m. EDT

ULTY is a high-yield ETF with a very high dividend yield, but the recent price history shows significant volatility and a sharp decline, which raises concerns about sustainability. The options activity indicates mixed sentiment, with a focus on volatility rather than a clear directional move. While the dividend yield is attractive, the lack of consistent dividend payouts and the ETF's structure (which involves option strategies) may lead to potential risks. Long-term investors should be cautious, while short-term traders may find opportunities in the volatility, though the overall outlook remains uncertain.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.027527
AutoETS0.027777
AutoTheta0.029083
MSTL0.030755

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 48%
H-stat 4.79
Ljung-Box p 0.000
Jarque-Bera p 0.741
Excess Kurtosis 0.21
Attribute Value
Trailing P/E 38.87

As of April 11, 2026, 3:56 p.m. EDT: Options activity indicates a mix of speculation and volatility. Puts show significant interest in lower strikes, suggesting potential bearish sentiment or protective strategies, while calls have limited activity. High IV spikes on out-of-the-money strikes indicate uncertainty or speculation about large price movements. The ATM strikes are relatively stable, but the overall options data suggests a lack of clear directional bias, with speculators possibly anticipating volatility or significant events.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.26% 121.77%
Dividend History
Date Dividend Yield %
2026-04-15 0.397 1.261118
2026-04-08 0.420 1.376396
2026-04-01 0.372 1.252439
2026-03-25 0.432 1.417446
2026-03-18 0.407 1.342774
2026-03-11 0.416 1.359934
2026-03-04 0.480 1.530057
2026-02-25 0.475 1.460322
2026-02-18 0.436 1.407153
2026-02-11 0.451 1.455246
2026-02-04 0.454 1.496185
2026-01-28 0.502 1.559304
2026-01-21 0.505 1.601557
2026-01-14 0.519 1.638412
2026-01-07 0.471 1.497352
2025-12-31 0.487 1.587675
2025-12-24 0.571 1.813154
2025-12-17 0.492 1.653475
2025-12-10 0.546 1.724726
2025-12-03 0.588 1.894619
2025-11-26 0.590 1.922710
2025-11-19 0.640 2.106186
2025-11-12 0.630 1.933121
2025-11-05 0.790 2.290888
2025-10-29 0.850 2.375260
2025-10-22 0.900 2.573516
2025-10-15 0.910 2.445222
2025-10-09 0.900 2.405742
2025-10-02 0.910 2.468047
2025-09-25 0.920 2.551139
2025-09-18 0.930 2.537816
2025-09-11 0.930 2.631801
2025-09-04 0.900 2.604172
2025-08-28 0.950 2.662719
2025-08-21 1.000 2.926201
2025-08-14 1.010 2.831107
2025-08-07 1.000 2.807876
2025-07-31 1.010 2.836340
2025-07-24 1.030 2.883886
2025-07-17 1.040 2.895148
2025-07-10 0.960 2.790718
2025-07-03 0.950 2.782122
2025-06-26 0.920 2.739744
2025-06-20 0.880 2.689680
2025-06-12 0.950 2.949721
2025-06-05 0.950 3.069558
2025-05-29 0.950 3.071022
2025-05-22 0.980 3.232799
2025-05-15 1.060 3.530549
2025-05-08 1.180 4.076520
2025-05-01 0.940 3.403446
2025-04-24 0.840 3.117215
2025-04-17 0.850 3.303179
2025-04-10 0.820 3.270119
2025-04-03 0.920 3.598240
2025-03-27 0.990 3.576250
2025-03-20 0.980 3.484041
2025-03-13 1.030 3.889557
2025-03-06 4.650 16.395513
2025-02-06 5.370 16.770223
2025-01-08 5.720 18.277744
2024-12-12 7.090 22.023476
2024-11-14 8.310 26.712107
2024-10-17 8.270 28.416772
2024-09-19 9.830 34.395109
2024-08-15 7.800 28.533717
2024-07-17 9.950 33.239745
2024-06-14 11.340 38.290899
2024-05-15 12.780 43.108145
2024-04-17 14.170 51.472009
2024-03-14 10.650 35.507391
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 130.94

Info Dump

Attribute Value
All Time High 205.5
All Time Low 11.19
Ask 32.18
Ask Size 200
Average Daily Volume10 Day 795,860
Average Daily Volume3 Month 723,386
Average Volume 723,386
Average Volume10Days 795,860
Beta3 Year 0.0
Bid 32.17
Bid Size 100
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 32.27
Day Low 31.99
Dividend Yield 130.94
Eps Trailing Twelve Months 0.8283967
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 32.879
Fifty Day Average Change -0.6789017
Fifty Day Average Change Percent -0.020648489
Fifty Two Week Change Percent -42.135036
Fifty Two Week High 64.6
Fifty Two Week High Change -32.3999
Fifty Two Week High Change Percent -0.50154644
Fifty Two Week Low 29.29
Fifty Two Week Low Change 2.910099
Fifty Two Week Low Change Percent 0.09935469
Fifty Two Week Range 29.29 - 64.6
First Trade Date Milliseconds 1,709,217,000,000
Full Exchange Name NYSEArca
Fund Family YieldMax ETFs
Fund Inception Date 1,709,078,400
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 is an actively managed exchange-traded fund that seeks current income while providing direct and/or indirect exposure to the share price of select U.S. listed securities, subject to a limit on potential investment gains. It uses both traditional and synthetic covered call strategies that are designed to produce higher income levels when the underlying securities experience more volatility. The fund is non-diversified.
Long Name YieldMax Ultra Option Income Strategy ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1869805004
Nav Price 31.7729
Net Assets 872,752,450.0
Net Expense Ratio 1.3
Open 31.985
Previous Close 31.71
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.49010086
Regular Market Change Percent 1.5458206
Regular Market Day High 32.27
Regular Market Day Low 31.99
Regular Market Day Range 31.99 - 32.27
Regular Market Open 31.985
Regular Market Previous Close 31.71
Regular Market Price 32.2001
Regular Market Time 1,776,455,095
Regular Market Volume 687,943
Short Name YieldMax Ultra Option Income St
Source Interval 15
Symbol ULTY
Total Assets 872,752,448
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 38.870388
Trailing Peg Ratio None
Trailing Three Month Nav Returns -3.98385
Trailing Three Month Returns -3.98385
Triggerable 1
Two Hundred Day Average 45.66785
Two Hundred Day Average Change -13.467751
Two Hundred Day Average Change Percent -0.2949066
Type Disp ETF
Volume 687,943
Yield 1.3094001
Ytd Return -3.98385