CVNY ETF — YieldMax CVNA Option Income Strategy ETF

YieldMax CVNA Option Income Strategy ETF (CVNY)

Updated October 8, 2026.

CVNY is an ETF linked to Carvana (CVNA). its distribution rate is 59.40%, its trailing-12-month yield is 119.09%, its expense ratio is 1.09%. Dividend Vision Distribution Safety Score™ is 27/100 (Elevated risk). Total return is 26.6% over the past 1.7 years, 100.7 points ahead of CVNA at -74.1%.

At the current 59.40% distribution rate, a $10,000 investment would generate approximately $5,940 per year. Actual weekly payments vary.

CVNY performance versus CVNA

Price and return data through 2026-10-08.

Total return is 26.6% over the past 1.7 years, 100.7 points ahead of CVNA at -74.1%. Over the past year its total return — price change plus distributions reinvested — is -4.9%. Its deepest 1-year drawdown was 36.3%.

CVNY key facts

Distribution Safety Score™

27 · Elevated risk

Safety-Adjusted Yield

16.04%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

01/29/2025

Expense ratio

1.09%

Distribution rate

59.40%

Distribution frequency

Weekly

Trailing yield

119.09%

Last close

$17.57 (as of 2026-10-08)

AUM

$20,012,582

Average volume

33780.0

Last dividend

$0.2007

Latest 19(a) ROC estimate

0.00%

Last ex-dividend date

10/08/2026

Last payment date

10/09/2026

Beta

1.7888

P/E ratio

29.8286

How Dividend Vision calculates yield and returns

Distribution rate (59.40%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (119.09%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: YieldMax or company page; Index: Carvana (CVNA); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CVNY risks and drawbacks

The deepest 1-year drawdown on record here is 36.3%.

Frequently asked questions

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