AMDY: Yieldmax AMD Option Income Strategy ETF
About
AMDY was created on 2023-09-18 by YieldMax. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 119.66m in AUM and 9 holdings. AMDY seeks to provide current income and capped gains on the Advanced Micro Devices", Inc. stock (AMD) through a synthetic covered call strategy", collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.
Current Value
$11.541 Year Return
Current Value
$11.541 Year Return
Key Details
Assets Under Management
$144.24M
Div Yield %
97.72%
P/E Ratio
203.65
Net Asset Value
$11.54
Expense Ratio
0.99%
1Y ETF Return
0.06%
Strategies that include AMDY
Stock's related to AMDY
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AMD | 95.66% | $226.20B | +16.98% | 0.00% |
| QRVO | 49.61% | $6.27B | -28.83% | 0.00% |
| SMCI | 46.39% | $16.55B | -2.47% | 0.00% |
| MELI | 42.38% | $97.16B | +28.15% | 0.00% |
| PSN | 41.07% | $10.03B | +50.06% | 0.00% |
| GCT | 28.60% | $983.16M | +147.95% | 0.00% |
| JBL | 26.59% | $14.39B | -2.61% | 0.25% |
| CARG | 26.56% | $3.68B | +69.13% | 0.00% |
| BASE | 26.55% | $1.04B | +8.03% | 0.00% |
| ANF | 26.53% | $7.28B | +92.60% | 0.00% |
| QLYS | 26.52% | $5.18B | -21.75% | 0.00% |
| CPAY | 26.51% | $25.67B | +58.31% | 0.00% |
| BNS | 26.49% | $69.02B | +27.34% | 5.59% |
| MMYT | 26.47% | $11.31B | +142.64% | 0.00% |
| ALG | 26.46% | $2.30B | +4.01% | 0.55% |
| RXT | 26.45% | $539.34M | +75.56% | 0.00% |
| ALB | 26.43% | $12.51B | -15.60% | 1.50% |
| CMG | 26.42% | $80.02B | +33.62% | 0.00% |
| ARMK | 26.42% | $9.93B | +35.19% | 1.01% |
| PCAR | 26.42% | $57.87B | +24.80% | 1.06% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BNED | 0.01% | $277.22M | -91.94% | 0.00% |
| RGR | 0.01% | $642.75M | -15.87% | 1.81% |
| PBT | 0.01% | $606.38M | -27.11% | 5.87% |
| GTY | 0.02% | $1.81B | +13.14% | 5.51% |
| WKC | -0.04% | $1.61B | +30.46% | 2.33% |
| YORW | -0.04% | $514.17M | -3.87% | 2.37% |
| UONEK | -0.06% | $46.08M | -77.68% | 0.00% |
| CBZ | 0.06% | $3.87B | +33.45% | 0.00% |
| AFL | 0.07% | $61.74B | +35.69% | 1.35% |
| SMPL | 0.07% | $3.81B | -3.16% | 0.00% |
| TBRG | -0.09% | $244.47M | +52.66% | 0.00% |
| PUMP | -0.10% | $799.77M | -15.27% | 0.00% |
| ARC | 0.10% | $146.66M | +18.95% | 5.90% |
| TRN | -0.11% | $3.12B | +54.58% | 2.95% |
| GILD | 0.16% | $109.36B | +17.49% | 3.47% |
| LH | -0.17% | $19.76B | +11.24% | 0.91% |
| UUU | -0.17% | $4.97M | -41.89% | 0.00% |
| GO | -0.17% | $1.81B | -34.42% | 0.00% |
| THS | -0.19% | $1.72B | -17.36% | 0.00% |
| ACIC | 0.19% | $631.49M | +58.21% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| GIS | -27.22% | $34.85B | -2.91% | 3.78% |
| JNJ | -24.64% | $368.37B | +1.24% | 3.18% |
| XEL | -23.72% | $41.42B | +15.91% | 3.12% |
| LMT | -22.19% | $126.40B | +18.99% | 2.36% |
| CPB | -21.79% | $12.96B | +7.08% | 3.40% |
| SO | -21.48% | $96.74B | +26.76% | 3.24% |
| DUK | -19.61% | $87.74B | +26.37% | 3.65% |
| KO | -19.50% | $269.63B | +7.86% | 3.07% |
| CAG | -18.62% | $12.64B | -6.10% | 5.26% |
| ES | -17.69% | $22.60B | +4.85% | 4.58% |
| TSN | -17.19% | $21.95B | +31.14% | 3.11% |
| PEP | -16.92% | $215.02B | -6.60% | 3.35% |
| EVRG | -16.39% | $14.71B | +27.45% | 4.01% |
| EXC | -15.84% | $39.29B | +0.57% | 3.88% |
| FE | -15.67% | $23.96B | +10.41% | 4.05% |
| NI | -15.52% | $17.32B | +42.68% | 2.86% |
| IDA | -15.47% | $6.27B | +21.37% | 2.85% |
| ED | -15.22% | $33.59B | +7.16% | 3.43% |
| PRPO | -15.17% | $9.10M | -13.65% | 0.00% |
| SPTN | -15.10% | $615.01M | -17.44% | 4.80% |
ETF's related to AMDY
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VNLA | 0.06% | $2.27B | 0.23% |
| FUTY | -0.08% | $1.73B | 0.084% |
| MINT | -0.17% | $11.62B | 0.35% |
| XLE | 0.22% | $37.90B | 0.09% |
| PULS | -0.30% | $8.78B | 0.15% |
| NEAR | 0.35% | $2.91B | 0.25% |
| IVOL | 0.40% | $548.70M | 1.02% |
| SCHO | 0.41% | $11.10B | 0.03% |
| UTWO | -0.46% | $447.63M | 0.15% |
| VPU | -0.59% | $6.66B | 0.1% |
| FLDR | 0.59% | $595.01M | 0.15% |
| ICSH | -0.65% | $5.57B | 0.08% |
| XONE | 0.68% | $548.88M | 0.03% |
| XLU | -0.73% | $16.89B | 0.09% |
| FXU | 0.73% | $341.08M | 0.64% |
| XHLF | -0.74% | $874.27M | 0.03% |
| SOYB | -0.76% | $27.32M | 0.22% |
| DFNM | -0.83% | $1.40B | 0.17% |
| DRLL | 0.97% | $336.91M | 0.41% |
| WEAT | -1.00% | $120.27M | 0.28% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -38.29% | $388.04M | 1.43% |
| TAIL | -33.65% | $67.98M | 0.59% |
| VIXY | -30.24% | $195.31M | 0.85% |
| USDU | -21.08% | $201.97M | 0.5% |
| UUP | -19.20% | $309.25M | 0.77% |
| SHYD | -17.34% | $311.50M | 0.35% |
| CLOI | -16.25% | $715.40M | 0.4% |
| YEAR | -12.75% | $1.13B | 0.25% |
| IYK | -11.00% | $1.30B | 0.4% |
| JUCY | -8.40% | $324.29M | 0.6% |
| IBTL | -5.69% | $239.96M | 0.07% |
| TBIL | -5.50% | $4.38B | 0.15% |
| CORN | -5.45% | $61.12M | 0.2% |
| XBIL | -5.42% | $637.70M | 0.15% |
| TYA | -5.38% | $124.05M | 0.17% |
| IBTE | -5.37% | $1.70B | 0.07% |
| IBTK | -5.05% | $282.33M | 0.07% |
| CCOR | -4.86% | $109.04M | 1.18% |
| FLTR | -4.66% | $1.79B | 0.14% |
| UTEN | -4.49% | $149.75M | 0.15% |
News
SeekingAlpha
YieldMax AMD Option Income Strategy ETF generates impressive income with a 74% yield. Read more to explore the AMDY ETF's unique approach.
SeekingAlpha
YieldMax Universe Fund of Option Income ETFs advertises a massive yield of over 60%, drawing much investor excitement and attention. See why YMAX is a Buy.
SeekingAlpha
YieldMax AMD Option Income Strategy (AMDY) ETF focuses on generating income through options trading on Advanced Micro Devices. Read an analysis here.
Yahoo
CHICAGO and MILWAUKEE and NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF: YieldMax™ Short NVDA Option Income Strategy ETF (NYSE Arca: DIPS) DIPS Overview DIPS is an actively managed ETF that seeks to generate current income from a synthetic covered put strategy on NVIDIA Corporation (“NVDA”), while providing indirect short (inverse) exposure to the share price of NVDA. DIPS’s potential for gains from decreases in the share price of NVDA is l
Yahoo
CHICAGO, MILWAUKEE and NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF: YieldMax™ Short COIN Option Income Strategy ETF (NYSE Arca: FIAT) FIAT Overview FIAT is an actively managed ETF that seeks to generate current income from a synthetic covered put strategy on Coinbase Global, Inc. (“COIN”), while providing indirect short (inverse) exposure to the share price of COIN. FIAT’s potential for gains from decreases in the share price of COIN is l
SeekingAlpha
AMDY ETF provides income-focused investors with exposure to fast growing AI Chip market. Find out why I rate the fund as a buy.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.