F

FBY: YieldMax META Option Income Strategy ETF

ETF

About

FBY was created on 2023-07-27 by YieldMax. The fund's investment portfolio concentrates primarily on communication services equity. FBY seeks to provide current income and capped gains on the Meta Platforms stock (META) 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
07/27/2023
Asset Class
Equity
Investment Segment
Communication Services

Current Value

$14.26

1 Year Return

$7.99
-35.91%
Created with Highcharts 11.4.829 Apr27 May24 Jun22 Jul19 Aug16 Sep14 Oct11 Nov9 Dec6 Jan3 Feb3 Mar31 Mar$12$14$16$18$20$22$24

Key Details

Assets Under Management

$150.72M

Div Yield %

62.81%

P/E Ratio

26.70

Net Asset Value

$14.97

Expense Ratio

1.06%

1Y ETF Return

0.02%

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Holdings

FBY - YieldMax META Option Income Strategy ETF contains 7 holdings. The top holdings include 7381444, 7381364, 7381371, 7008182, 7008469

Name
Weight
7
7381444

NT United States Treasury Bills 0%

21.64%

7
7381364

NT United States Treasury Bills 0%

19.99%

7
7381371

NT United States Treasury Bills 0%

19.79%

7
7008182

NT United States Treasury Notes 3%

19.19%

7
7008469

NT United States Treasury Notes 3.88%

19.13%

7
7008120

NT United States Treasury Notes 2.63%

17.82%

F
FGXXX

NT First American Government Obligs X

2.34%

Sector
Weight
No Results

Stock's related to FBY

The stocks that are correlated to FBY - YieldMax META Option Income Strategy ETF are META, AMZN, MSFT, NCZ, ARES

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
M
METAMeta Platforms, Inc.
94.80%$1.35T+4.05%0.40%
A
AMZNAmazon.com, Inc.
53.93%$1.89T-0.88%0.00%
M
MSFTMicrosoft Corp.
52.35%$2.77T-10.71%0.86%
N
NCZVirtus Convertible & Income Fund II
49.16%--4.82%
A
ARESAres Management Corp.
48.73%$27.11B-1.22%3.22%
I
ISRGIntuitive Surgical, Inc.
47.62%$177.21B+30.53%0.00%
G
GOOGAlphabet, Inc.
46.72%$1.86T+0.45%0.53%
K
KKRKKR & Co., Inc.
46.48%$91.09B+4.46%0.74%
J
JHGJanus Henderson Group Plc
46.30%$5.16B+1.49%5.03%
G
GOOGLAlphabet, Inc.
46.23%$1.84T+0.13%0.54%
S
SNPSSynopsys, Inc.
45.37%$64.59B-26.34%0.00%
M
MTSIMACOM Technology Solutions Holdings, Inc.
44.92%$6.85B-6.48%0.00%
C
CVNACarvana Co.
44.02%$24.42B+120.51%0.00%
D
DECKDeckers Outdoor Corp.
43.61%$15.31B-31.05%0.00%
S
SHOPShopify, Inc.
43.42%$106.55B+10.00%0.00%
R
RLRalph Lauren Corp.
43.09%$12.23B+15.63%1.77%
N
NOWServiceNow, Inc.
42.83%$160.39B+2.18%0.00%
J
JAKKJAKKS Pacific, Inc.
42.80%$238.08M-6.48%1.22%
C
COSTCostco Wholesale Corp.
42.74%$429.08B+37.20%0.49%
C
CDNSCadence Design Systems, Inc.
42.67%$68.28B-18.78%0.00%

ETF's related to FBY

The ETFs that are correlated to FBY - YieldMax META Option Income Strategy ETF are VOX, FCOM, XLC, PNQI, YMAG

Name
Correlation
AUM
Expense Ratio
V
VOXVanguard Communication Services ETF
78.18%$4.40B0.09%
F
FCOMFidelity MSCI Communication Services Index ETF
77.75%$1.39B0.084%
X
XLCCommunication Services Select Sector SPDR Fund
75.03%$20.41B0.09%
P
PNQIInvesco NASDAQ Internet ETF
68.09%$798.51M0.6%
Y
YMAGYieldMax Magnificent 7 Fund of Option Income ETFs
66.50%$305.46M1.12%
T
TCHPT. Rowe Price Blue Chip Growth ETF
66.44%$1.03B0.57%
C
CPNJCalamos Nasdaq 100 Structured Alt Protection ETF June
66.32%$29.72M0.69%
C
CGGRCapital Group Growth ETF
66.24%$10.21B0.39%
F
FDNTraded Fund III First Trust Dow Jones Internet Index Fund
66.00%$6.33B0.51%
W
WINNHarbor Long Term Growers ETF
64.27%$687.24M0.57%
F
FFOGFranklin Focused Growth ETF
64.25%$110.74M0.55%
V
VUGVanguard Growth ETF
63.95%$147.56B0.04%
M
MGKVanguard Mega Cap Growth ETF
63.95%$22.78B0.07%
J
JGROTraded Fund Trust JPMorgan Active Growth ETF
63.86%$4.91B0.44%
V
VONGVanguard Russell 1000 Growth Index ETF
63.07%$24.78B0.07%
F
FBCGFidelity Blue Chip Growth ETF
63.01%$3.60B0.59%
M
MAGSRoundhill Magnificent Seven ETF
62.99%$1.75B0.29%
I
IWFiShares Russell 1000 Growth ETF
62.94%$98.01B0.19%
Q
QDTERoundhill Innovation 100 0DTE Covered Call Strategy ETF
62.80%$703.58M0.95%
S
SCHGSchwab U.S. Large Cap Growth ETF
62.59%$35.50B0.04%

News

SeekingAlpha

Mag 7 stocks have underperformed in 2025, significantly trailing the S&P 500. Read more to find out how funds like YMAG can boost returns amid 2025's stock slump.

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Discover top monthly dividend-paying stocks & funds for February! Max yields hit 26.9%, with 28 safer picks.

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YieldMax offers ETFs focused on high income by using advanced options strategies to simulate holding volatile stocks and selling calls on them.

SeekingAlpha

Generate high income with YieldMax META Option Income Strategy ETF (FBY) through synthetic covered calls. Read a review of FBY ETF here.

SeekingAlpha

Invest in big tech with META and FBY for potential gains and dividends, leveraging strong leadership and innovative investments in the market sell-off. See more.

SeekingAlpha

YMAG Fund invests in tech-focused ETFs through options trading, offering a high distribution rate to income-focused investors but with downside risks. See more here.

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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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