DRAY ETF — YieldMax DKNG Option Income Strategy ETF
YieldMax DKNG Option Income Strategy ETF (DRAY)
DRAY is an ETF that tracks the DraftKings (DKNG). As of August 19, 2026, its distribution rate is 50.95%, its trailing-12-month yield is 120.17%, its expense ratio is 1.03%. Dividend Vision Distribution Safety Score™ is 0/100 (High risk). Fund total return is -45.7% over the past 1.1 years, 0.6 points behind DKNG at -45.1%.
At the current 50.95% distribution rate, a $10,000 investment would generate approximately $5,095 per year, or $424.58 per month on an equivalent basis. Actual weekly payments vary.
DRAY dividend yield and income
Data as of August 19, 2026.
The distribution rate (50.95%) is the latest posted forward yield, paid weekly. Trailing-12-month yield (120.17%) is the last year of payments divided by the current price. The last dividend was $0.1409. The last ex-dividend date was 08/20/2026. It was paid on 08/21/2026. At 50.95%, $10,000 would generate about $5,095 a year ($424.58 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-08-13 | $0.152 | -93.1% |
| 2026-08-06 | $0.147 | -93.3% |
| 2026-07-30 | $0.146 | — |
| 2026-07-23 | $0.157 | — |
| 2026-07-16 | $0.157 | — |
| 2026-07-09 | $0.188 | — |
| 2026-07-02 | $0.186 | — |
| 2026-06-25 | $0.188 | — |
| 2026-06-18 | $0.308 | — |
| 2026-06-11 | $0.18 | — |
| 2026-06-04 | $0.214 | — |
| 2026-05-28 | $0.321 | — |
| 2026-05-21 | $0.295 | — |
| 2026-05-14 | $0.272 | — |
| 2026-05-07 | $0.241 | — |
| 2026-04-30 | $0.201 | — |
| 2026-04-23 | $0.125 | — |
| 2026-04-16 | $0.185 | — |
| 2026-04-09 | $0.162 | — |
| 2026-04-02 | $0.119 | — |
| 2026-03-26 | $0.183 | — |
| 2026-03-19 | $0.26 | — |
| 2026-03-12 | $0.188 | — |
| 2026-03-05 | $0.271 | — |
| 2026-02-26 | $0.273 | — |
| 2026-02-19 | $0.227 | — |
| 2026-02-12 | $0.224 | — |
| 2026-02-05 | $0.213 | — |
| 2026-01-29 | $0.244 | — |
| 2026-01-22 | $0.258 | — |
| 2026-01-15 | $0.177 | — |
| 2026-01-08 | $0.29 | — |
| 2026-01-02 | $0.301 | — |
| 2025-12-26 | $0.334 | — |
| 2025-12-18 | $0.433 | — |
| 2025-12-11 | $0.389 | — |
| 2025-12-04 | $0.674 | — |
| 2025-11-28 | $0.558 | — |
| 2025-11-20 | $0.548 | — |
| 2025-11-13 | $0.456 | — |
| 2025-11-06 | $0.365 | — |
| 2025-10-30 | $0.333 | — |
| 2025-10-23 | $0.702 | — |
| 2025-10-16 | $1.535 | — |
| 2025-09-18 | $1.565 | — |
| 2025-08-21 | $2.194 | — |
| 2025 total | $10.086 | — |
| 2026 YTD total | $7.053 | 221.5% |
DRAY dividend growth
An annualized trend fit on recent payments is -88.06%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
DRAY performance versus DKNG
Data as of August 19, 2026.
Fund total return is -45.7% over the past 1.1 years, 0.6 points behind DKNG at -45.1%. Its deepest 1-year drawdown was 57.9%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (1.1 years) | -45.7% | -42.80% |
DRAY key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 0 · High risk
- Safety-Adjusted Yield
- 0.00%
- Issuer
- YieldMax
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 07/23/2024
- Expense ratio
- 1.03%
- Distribution rate
- 50.95%
- Distribution frequency
- Weekly
- Trailing yield
- 120.17%
- Last close
- $14.38
- AUM
- $3,389,029
- Average volume
- 4686.0
- Last dividend
- $0.1409
- Ex-dividend date
- 08/20/2026
- Payment date
- 08/21/2026
- Beta
- 0.0
How Dividend Vision calculates yield and returns
Distribution rate (50.95%) 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 (120.17%) 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. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: YieldMax fund page; Index: DraftKings (DKNG); 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.
DRAY risks and drawbacks
Total return has trailed DKNG over the available window. The deepest 1-year drawdown on record here is 57.9%.
Who may consider DRAY — and who may not
It is a weaker fit for investors whose main goal is matching DKNG total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does DRAY pay monthly?
No. DRAY currently pays weekly, not monthly.
What index does DRAY track?
DRAY tracks the DraftKings (DKNG).
What is DRAY's expense ratio?
DRAY's expense ratio is 1.03%.
What is DRAY's dividend yield?
DRAY currently yields 50.95%, paid weekly, with a 1.03% expense ratio.
When does DRAY pay a dividend?
DRAY pays weekly. The last dividend was $0.1409. The last ex-dividend date was 08/20/2026. It was paid on 08/21/2026.
How has DRAY performed?
Fund total return is -45.7% over the past 1.1 years, 0.6 points behind DKNG at -45.1%. Its deepest 1-year drawdown was 57.9%.
Is DRAY a good investment?
DRAY's Dividend Vision Distribution Safety Score is 0 (High risk). That is a risk signal, not investment advice. It currently yields 50.95%. Compare peers below rather than treating any single figure as a buy or sell.
More funds from YieldMax.
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