YieldMax COIN Option Income Strategy ETF logo

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

$7.01

1 Year Return

$20.01
-74.06%
Created with Highcharts 11.4.829 Apr27 May24 Jun22 Jul19 Aug16 Sep14 Oct11 Nov9 Dec6 Jan3 Feb3 Mar31 Mar$5$10$15$20$25$30

Key Details

Assets Under Management

$951.10M

Div Yield %

253.25%

P/E Ratio

-

Net Asset Value

$7.22

Expense Ratio

1.22%

1Y ETF Return

-0.26%

Strategies that include CONY

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Holdings

CONY - YieldMax COIN Option Income Strategy ETF contains 7 holdings. The top holdings include 7008469, 7008182, 7008120, 7381364, 7381371

Name
Weight
7
7008469

NT United States Treasury Notes 3.88%

31.05%

7
7008182

NT United States Treasury Notes 3%

30.64%

7
7008120

NT United States Treasury Notes 2.63%

18.34%

7
7381364

NT United States Treasury Bills 0%

16.03%

7
7381371

NT United States Treasury Bills 0%

15.43%

7
7381444

NT United States Treasury Bills 0%

2.98%

F
FGXXX

NT First American Government Obligs X

1.58%

Sector
Weight
No Results

Stock's related to CONY

The stocks that are correlated to CONY - YieldMax COIN Option Income Strategy ETF are COIN, RIOT, CLSK, HOOD, MSTR

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
Coinbase Global, Inc. logoCOINCoinbase Global, Inc.
98.16%$43.35B-31.59%0.00%
Riot Platforms, Inc. logoRIOTRiot Platforms, Inc.
78.21%$2.56B-28.36%0.00%
CleanSpark, Inc. logoCLSKCleanSpark, Inc.
76.88%$2.08B-53.37%0.00%
Robinhood Markets, Inc. logoHOODRobinhood Markets, Inc.
76.03%$33.88B+107.37%0.00%
MicroStrategy, Inc. logoMSTRMicroStrategy, Inc.
73.16%$73.52B+74.74%0.00%
MARA Holdings, Inc. logoMARAMARA Holdings, Inc.
72.01%$3.88B-39.20%0.00%
Hut 8 Corp. logoHUTHut 8 Corp.
71.28%$1.24B+22.91%0.00%
Bit Digital, Inc. logoBTBTBit Digital, Inc.
69.37%$359.40M-18.26%0.00%
IREN Ltd. logoIRENIREN Ltd.
65.10%$1.35B+4.86%0.00%
Block, Inc. logoXYZBlock, Inc.
58.84%$33.43B-27.78%0.00%
Evercore, Inc. logoEVREvercore, Inc.
55.73%$6.95B-6.99%1.91%
Interactive Brokers Group, Inc. logoIBKRInteractive Brokers Group, Inc.
55.65%$17.37B+43.64%0.66%
Greenidge Generation Holdings, Inc. logoGREEGreenidge Generation Holdings, Inc.
55.61%$8.30M-77.25%0.00%
ACV Auctions, Inc. logoACVAACV Auctions, Inc.
53.99%$2.29B-25.94%0.00%
SoFi Technologies, Inc. logoSOFISoFi Technologies, Inc.
53.77%$11.67B+45.55%0.00%
Piper Sandler Cos. logoPIPRPiper Sandler Cos.
52.89%$4.08B+16.54%1.15%
Apollo Global Management, Inc. logoAPOApollo Global Management, Inc.
52.51%$70.43B+11.14%1.63%
StepStone Group, Inc. logoSTEPStepStone Group, Inc.
52.22%$3.62B+38.44%2.07%
Trimble, Inc. logoTRMBTrimble, Inc.
52.00%$14.82B-1.97%0.00%
The Goldman Sachs Group, Inc. logoGSThe Goldman Sachs Group, Inc.
51.38%$158.89B+25.84%2.42%

ETF's related to CONY

The ETFs that are correlated to CONY - YieldMax COIN Option Income Strategy ETF are CRPT, BITQ, BLOK, DAPP, SATO

Name
Correlation
AUM
Expense Ratio
Traded Fund VIII First Trust SkyBridge Crypto Industry and Digital Economy ETF logoCRPTTraded Fund VIII First Trust SkyBridge Crypto Industry and Digital Economy ETF
88.15%$79.32M0.85%
Bitwise Crypto Industry Innovators ETF logoBITQBitwise Crypto Industry Innovators ETF
86.77%$158.57M0.85%
Amplify Transformational Data Sharing ETF logoBLOKAmplify Transformational Data Sharing ETF
86.00%$694.84M0.76%
VanEck Digital Transformation ETF logoDAPPVanEck Digital Transformation ETF
85.53%$142.78M0.51%
Traded Fund Trust II Invesco Alerian Galaxy Crypto Economy ETF logoSATOTraded Fund Trust II Invesco Alerian Galaxy Crypto Economy ETF
85.47%$8.80M0.6%
Global X Blockchain ETF logoBKCHGlobal X Blockchain ETF
85.05%$123.04M0.5%
ARK Fintech Innovation ETF logoARKFARK Fintech Innovation ETF
80.93%$903.52M0.75%
ARK Next Generation Internet ETF logoARKWARK Next Generation Internet ETF
80.37%$1.51B0.82%
Common units of fractional undivided beneficial interest logoBTCCommon units of fractional undivided beneficial interest
76.32%$3.28B0.15%
ARK Innovation ETF logoARKKARK Innovation ETF
76.31%$5.16B0.75%
Common units of fractional undivided beneficial interest logoETHCommon units of fractional undivided beneficial interest
76.03%$1.29B0%
21Shares Core Ethereum ETF logoCETH21Shares Core Ethereum ETF
75.37%$10.46M0%
Bitwise Ethereum ETF Beneficial Interest logoETHWBitwise Ethereum ETF Beneficial Interest
75.34%$178.38M0%
Undivided Beneficial Interest logoETHAUndivided Beneficial Interest
75.21%$2.25B0.25%
VanEck Ethereum ETF Beneficial Interest logoETHVVanEck Ethereum ETF Beneficial Interest
75.19%$87.80M0%
Fidelity Ethereum Fund Beneficial Interest logoFETHFidelity Ethereum Fund Beneficial Interest
75.18%$761.54M0.25%
Invesco Galaxy Ethereum ETF Beneficial Interest logoQETHInvesco Galaxy Ethereum ETF Beneficial Interest
75.04%$14.37M0.25%
Franklin Ethereum ETF Beneficial Interests logoEZETFranklin Ethereum ETF Beneficial Interests
74.96%$22.41M0%
Global X Funds Global X FinTech ETF logoFINXGlobal X Funds Global X FinTech ETF
73.50%$269.57M0.68%
VanEck Social Sentiment ETF logoBUZZVanEck Social Sentiment ETF
73.47%$49.34M0.76%

News

SeekingAlpha

Learn how Coinbase Global, Inc.'s cyclical revenue ties to crypto trends like Bitcoin & Ethereum. Click for my look at YieldMax COIN Option Income Strategy ETF.

SeekingAlpha

YieldMax NFLX Option Income Strategy ETF offers high distributions by holding long Netflix positions and selling options, but trails the underlying stock. Read more here.

SeekingAlpha

YieldMax COIN Option Income Strategy ETF offers high dividends but is risky with an annual expected return of -16% and a potential 70% YoY value loss. Read why CONY is a hold.

SeekingAlpha

CONY has offered investors total returns of 82.19 percent since the fund's inception in August 2023. Read why I'm bearish on the fund.

SeekingAlpha

CONY offers a 91.17% distribution rate, driven by Coinbase's volatility, but this doesn't guarantee profitability. Read why I remain neutral on the fund.

SeekingAlpha

YieldMax COIN Option Income Strategy ETF has high yield but lower payouts. See why CONY’s performance is highly correlated with Coinbase, making it less stable.

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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.

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