ATLASYieldMax Universe Fund of Option Income ETFs (YMAX): outlook, holdings and fees
YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund and is managed by YieldMax ETFs. The expense ratio is 1.30% and the yield is 38.94%. The ten largest holdings are 59% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on YMAX
| Last price | $6.88 (+0.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 51% |
| Likely 1-month range (50%) | $6.57 – $7.24 |
| Normal 1-day range (±1σ) | ±1.6% |
| Distribution yield | 38.94% · weekly |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
YMAX fund facts
| Issuer | YieldMax ETFs |
|---|---|
| Theme | Bonds (broad) |
| Assets under management | $367M |
| Expense ratio | 1.30% |
| Number of holdings | 26 |
| Portfolio turnover | 0% |
| Inception | Jan 16, 2024 |
| Exchange | NYSE |
The fund is a "fund of funds," meaning that it primarily invests its assets in the shares of other ETFs, rather than in securities of individual companies. In addition, from time to time, the fund may invest directly in the securities and financial instruments in which one or more Underlying YieldMax" ETF invests. The fund is non-diversified.
YMAX top holdings
| Holding | Sector | Weight |
|---|---|---|
| YieldMax MRNA Option Income Strategy ETF MRNY | – | 10.53% |
| YieldMax HOOD Option Income Strategy ETF HOOY | – | 6.83% |
| YieldMax AMD Option Income Strategy ETF AMDY | – | 6.68% |
| YieldMax AAPL Option Income Strategy ETF APLY | – | 6.04% |
| YieldMax META Option Income Strategy ETF FBY | – | 5.93% |
| YieldMax Gold Miners Option Income Strategy ETF GDXY | – | 5.05% |
| YieldMax TSLA Option Income Strategy ETF TSLY | – | 5.02% |
| YieldMax CRCL Option Income Strategy ETF CRCO | – | 4.35% |
| YieldMax SNOW Option Income Strategy ETF SNOY | – | 4.75% |
| YieldMax AI Option Income Strategy ETF AIYY | – | 4.16% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
YMAX returns and risk
| Year to date | +9.9% |
|---|---|
| 1 year | -0.4% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
YMAX: frequently asked questions
What does YMAX invest in?
YieldMax Universe Fund of Option Income ETFs invests in a portfolio of securities. Its largest holdings are YieldMax MRNA Option Income Strategy ETF (10.5%), YieldMax HOOD Option Income Strategy ETF (6.8%), YieldMax AMD Option Income Strategy ETF (6.7%), YieldMax AAPL Option Income Strategy ETF (6.0%), YieldMax META Option Income Strategy ETF (5.9%).
What is the YMAX expense ratio?
1.30% a year: about $130.00 for every $10,000 invested.
What is the YMAX dividend yield?
38.94%, paid weekly. ATLAS does not hold the exact distribution dates for ETFs.
Will YMAX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 51%, with a likely range (50%) of $6.57 to $7.24 from $6.88 today. It is a probability, not a prediction.
How has YMAX performed?
Year to date +9.9%, one year -0.4%. Past returns do not guarantee future results.
Similar ETFs: Bonds (broad)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Vanguard Short-Term Bond ETF (BSV)
- JPMorgan Equity Premium Income ETF (JEPI)
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
- Vanguard Intermediate-Term Bond ETF (BIV)
- NEOS S&P 500 High Income ETF (SPYI)
- Dimensional Core Fixed Income ETF (DFCF)
Educational information, not investment advice. Disclaimer