YieldMax PYPL Option Income Strategy ETF PYPY
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 1.31%
- Net assets
- $13.2M
- Holdings
- 7
- 12-month distribution yield
- 18.15%
- Asset class
- Fixed income
YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund listed on NYSE Arca in the United States, issued by YieldMax. Its category is Fixed income · US (fixed income). Its last price was US$26.24 on 20 Oct 2026. Its expense ratio is 1.31% a year, from its prospectus dated 2 Mar 2026. It reported net assets of US$13.19 million as of 31 Jul 2026. Its latest holdings report lists 7 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$4.76 a unit, a 12-month distribution yield of 18.15%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 1.31%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.99%
- Prospectus date
- 2 Mar 2026
- Filed with the SEC
- 24 Feb 2026
Size and reporting
- Net assets
- $13,189,627
- Total assets
- $13,325,417
- Holdings as of
- 31 Jul 2026
- Report made public
- 28 Sep 2026 (59 days after the month end)
Top holdings
Largest 7 of 7 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | TREASURY BILL United States Treasury Bill | US912797RS85 | 74.86% | $9.9M | Debt | United States | USD |
| 2 | PYPL 09/18/2026 50.01 C | No identifier reported | 13.82% | $1.8M | Equity derivatives | United States | USD |
| 3 | TREASURY BILL United States Treasury Bill | US912797TV96 | 7.69% | $1.0M | Debt | United States | USD |
| 4 | First American Government Obli First American Government Obligations Fund | US31846V3362 | 2.93% | $387K | Short-term investment vehicles (cash funds) | United States | USD |
| 5 | PYPL 09/18/2026 50.01 P | No identifier reported | -0.94% | -$124K | Equity derivatives | United States | USD |
| 6 | PYPL US 07/31/26 C58 | No identifier reported | −<0.01% | -$1K | Equity derivatives | United States | USD |
| 7 | PYPL US 07/31/26 C61 | No identifier reported | <0.01% | $1K | Equity derivatives | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 82.55% | |
| Equity derivatives | 12.88% | |
| Short-term investment vehicles (cash funds) | 2.93% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 98.36% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 98.36% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $4.7620
- 12-month yield
- 18.15%
- Frequency
- Monthly
- Latest ex-date
- 15 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($4.7620) ÷ latest price ($26.24) × 100 = 18.15%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (37 payments)
| Ex-date | Amount per unit |
|---|---|
| 15 Oct 2026 | $0.1540 |
| 2 Jan 2026 | $0.2830 |
| 26 Dec 2025 | $0.2810 |
| 18 Dec 2025 | $0.2570 |
| 11 Dec 2025 | $0.2620 |
| 4 Dec 2025 | $0.6300 |
| 28 Nov 2025 | $0.3550 |
| 20 Nov 2025 | $0.3850 |
| 13 Nov 2025 | $0.4500 |
| 6 Nov 2025 | $0.5700 |
| 30 Oct 2025 | $0.6950 |
| 23 Oct 2025 | $0.4400 |
| 16 Oct 2025 | $1.4150 |
| 18 Sep 2025 | $1.3350 |
| 21 Aug 2025 | $1.7000 |
| 24 Jul 2025 | $1.3650 |
| 26 Jun 2025 | $1.6500 |
| 29 May 2025 | $2.7550 |
| 1 May 2025 | $2.7600 |
| 3 Apr 2025 | $1.7600 |
| 6 Mar 2025 | $1.8850 |
| 6 Feb 2025 | $3.3350 |
| 8 Jan 2025 | $2.1300 |
| 12 Dec 2024 | $3.0050 |
| 14 Nov 2024 | $2.9400 |
| 17 Oct 2024 | $5.5200 |
| 6 Sep 2024 | $8.0950 |
| 7 Aug 2024 | $1.7550 |
| 5 Jul 2024 | $2.1600 |
| 6 Jun 2024 | $3.3450 |
| 6 May 2024 | $4.7100 |
| 4 Apr 2024 | $2.3300 |
| 6 Mar 2024 | $3.6150 |
| 7 Feb 2024 | $3.2750 |
| 5 Jan 2024 | $2.8300 |
| 7 Dec 2023 | $2.6000 |
| 8 Nov 2023 | $3.1050 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000081463) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- PYPY and BND Vanguard Total Bond Market ETF
- PYPY and AGG iShares Core U.S. Aggregate Bond ETF
- PYPY and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- PYPY and BSV Vanguard Short-Term Bond ETF