YieldMax SMCI Option Income Strategy ETF SMCY
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 1.01%
- Net assets
- $104.4M
- Holdings
- 16
- 12-month distribution yield
- 52.08%
- Asset class
- Fixed income
YieldMax SMCI Option Income Strategy ETF (SMCY) 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$4.09 on 20 Oct 2026. Its expense ratio is 1.01% a year, from its prospectus dated 27 Feb 2026. It reported net assets of US$104.41 million as of 31 Jul 2026. Its latest holdings report lists 16 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$2.13 a unit, a 12-month distribution yield of 52.08%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 1.01%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.99%
- Prospectus date
- 27 Feb 2026
- Filed with the SEC
- 24 Feb 2026
Size and reporting
- Net assets
- $104,412,234
- Total assets
- $116,970,410
- Holdings as of
- 31 Jul 2026
- Report made public
- 28 Sep 2026 (59 days after the month end)
Top holdings
Largest 16 of 16 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 | US912797RG48 | 21.06% | $22.0M | Debt | United States | USD |
| 2 | SMCI 09/18/2026 25.01 C | No identifier reported | 20.35% | $21.3M | Equity derivatives | United States | USD |
| 3 | TREASURY BILL United States Treasury Bill | US912797TV96 | 20.03% | $20.9M | Debt | United States | USD |
| 4 | TREASURY BILL United States Treasury Bill | US912797VG91 | 19.80% | $20.7M | Debt | United States | USD |
| 5 | TREASURY BILL United States Treasury Bill | US912797UK13 | 12.93% | $13.5M | Debt | United States | USD |
| 6 | TREASURY BILL United States Treasury Bill | US912797RS85 | 11.05% | $11.5M | Debt | United States | USD |
| 7 | SMCI 09/18/2026 25.01 P | No identifier reported | -7.76% | -$8.1M | Equity derivatives | United States | USD |
| 8 | First American Government Obli First American Government Obligations Fund | US31846V3362 | 2.47% | $2.6M | Short-term investment vehicles (cash funds) | United States | USD |
| 9 | SMCI US 08/07/26 C28.5 | No identifier reported | -1.93% | -$2.0M | Equity derivatives | United States | USD |
| 10 | SMCI US 08/07/26 C28 | No identifier reported | -1.52% | -$1.6M | Equity derivatives | United States | USD |
| 11 | SMCI US 08/07/26 C30 | No identifier reported | 0.96% | $1.0M | Equity derivatives | United States | USD |
| 12 | SMCI US 08/07/26 C30.5 | No identifier reported | 0.77% | $800K | Equity derivatives | United States | USD |
| 13 | SMCI US 08/07/26 C29.5 | No identifier reported | -0.45% | -$470K | Equity derivatives | United States | USD |
| 14 | SMCI US 08/07/26 C29 | No identifier reported | -0.27% | -$281K | Equity derivatives | United States | USD |
| 15 | SMCI US 08/07/26 C31.5 | No identifier reported | 0.21% | $215K | Equity derivatives | United States | USD |
| 16 | SMCI US 08/07/26 C31 | No identifier reported | 0.13% | $134K | 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 | 84.88% | |
| Equity derivatives | 10.48% | |
| Short-term investment vehicles (cash funds) | 2.47% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 97.83% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 97.83% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $2.1300
- 12-month yield
- 52.08%
- Frequency
- Monthly
- Latest ex-date
- 15 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($2.1300) ÷ latest price ($4.09) × 100 = 52.08%. 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 (26 payments)
| Ex-date | Amount per unit |
|---|---|
| 15 Oct 2026 | $0.0590 |
| 2 Jan 2026 | $0.0950 |
| 26 Dec 2025 | $0.0980 |
| 18 Dec 2025 | $0.1140 |
| 11 Dec 2025 | $0.1410 |
| 4 Dec 2025 | $0.2140 |
| 28 Nov 2025 | $0.1620 |
| 20 Nov 2025 | $0.1950 |
| 13 Nov 2025 | $0.2170 |
| 6 Nov 2025 | $0.3330 |
| 30 Oct 2025 | $0.2590 |
| 23 Oct 2025 | $0.2430 |
| 16 Oct 2025 | $0.8090 |
| 25 Sep 2025 | $0.9150 |
| 28 Aug 2025 | $1.3080 |
| 31 Jul 2025 | $1.8520 |
| 3 Jul 2025 | $1.6100 |
| 5 Jun 2025 | $1.5800 |
| 8 May 2025 | $1.4130 |
| 10 Apr 2025 | $1.5010 |
| 13 Mar 2025 | $1.9740 |
| 13 Feb 2025 | $2.0900 |
| 16 Jan 2025 | $1.7220 |
| 19 Dec 2024 | $2.3550 |
| 21 Nov 2024 | $2.2030 |
| 24 Oct 2024 | $5.3540 |
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 (S000086355) (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:
- SMCY and BND Vanguard Total Bond Market ETF
- SMCY and AGG iShares Core U.S. Aggregate Bond ETF
- SMCY and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- SMCY and BSV Vanguard Short-Term Bond ETF