CONY: YieldMax COIN Option Income Strategy ETF

ETF

About

CONY was created on 2023-08-15 by YieldMax. The fund's investment portfolio concentrates primarily on financials equity. CONY seeks to provide current income and capped gains on the Coinbase Global Inc. stock (COIN) through a synthetic covered call strategy", collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.

Website
www.elevateshares.com
Inception Date
08/15/2023
Asset Class
Equity
Investment Segment
Financials

Current Value

$17.22

1 Year Return

-$6.59
-27.68%

Key Details

Assets Under Management

$1.07B

Div Yield %

124.25%

P/E Ratio

-

Net Asset Value

$17.04

Expense Ratio

1.01%

1Y ETF Return

0.98%

Strategies that include
CONY

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CONY
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Stock's related to
CONY

Correlated Stocks

NameCorrelationMarket CapReturn % (1 Year)Div Yield %
COIN96.81%$81.26B+207.68%0.00%
RIOT74.71%$4.08B+9.85%0.00%
CLSK69.57%$3.65B+211.70%0.00%
MSTR68.12%$87.25B+773.24%0.00%
MARA67.66%$6.39B+92.63%0.00%
HOOD67.14%$31.15B+341.60%0.00%
BTBT65.10%$595.60M+81.53%0.00%
HUT64.65%$2.37B+166.53%0.00%
FUN58.02%$4.60B-16.51%0.00%
IREN57.31%$1.96B+262.72%0.00%
GREE52.30%$29.23M-42.42%0.00%
GEO44.46%$3.97B+204.07%0.00%
INFU41.05%$193.50M-1.62%0.00%
CXW40.90%$2.43B+62.08%0.00%
ML38.80%$922.62M+146.62%0.00%
ALAB37.39%$15.10B+164.39%0.00%
SMLR36.12%$336.72M+25.48%0.00%
HIMS35.73%$5.14B+210.42%0.00%
BE35.15%$5.43B+85.26%0.00%
UTI30.98%$1.07B+73.54%0.00%

ETF's related to
CONY

News

SeekingAlpha

YieldMax Universe Fund is a high-yield ETF with declining distributions and high fees, making it unsuitable for long-term investment. Explore more details here.

SeekingAlpha

CONY has surged 51% since August, but its long-term performance lags COIN. Read why I still think the fund is an avoid.

SeekingAlpha

Discover new investment insights and recommendations from 42 new analysts on Seeking Alpha.

SeekingAlpha

Discover YieldMax COIN Option Income Strategy ETF (CONY) for high distribution rates using options on Coinbase (COIN) with limited upside risk.

SeekingAlpha

YieldMax Ultra Option Income Strategy ETF is a high-yield ETF built to satisfy investors' thirst for income. See why ULTY is a Sell.

SeekingAlpha

CONY offers a high dividend yield around 100%, appealing to income-seeking investors with exposure to Coinbase. Find out my recommendation for the fund.

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