NFLY ETF — YieldMax NFLX Option Income Strategy ETF

YieldMax NFLX Option Income Strategy ETF (NFLY)

Updated October 8, 2026.

NFLY is an ETF linked to Netflix (NFLX). its distribution rate is 25.05%, its trailing-12-month yield is 64.37%, its expense ratio is 1.01%. Dividend Vision Distribution Safety Score™ is 18/100 (High risk). Total return is 34.9% over the past 3.2 years, 28.4 points behind NFLX at 63.3%.

At the current 25.05% distribution rate, a $10,000 investment would generate approximately $2,505 per year. Actual weekly payments vary.

YieldMax NFLX Option Income Strategy ETF is an ETF that uses a synthetic covered call strategy built from exchange-traded options to provide indirect exposure to Netflix common stock while generating current income, though potential share price gains are capped. The fund distributes weekly and carries an expense ratio of 1.01%. It appeals to income-focused investors seeking regular distributions from a single-name equity position who are comfortable with limited upside participation in exchange for enhanced current yield.

NFLY performance versus NFLX

Price and return data through 2026-10-08.

Total return is 34.9% over the past 3.2 years, 28.4 points behind NFLX at 63.3%. Over the past year its total return — price change plus distributions reinvested — is -37.7%. Its deepest 1-year drawdown was 41.6%.

NFLY key facts

Distribution Safety Score™

18 · High risk

Safety-Adjusted Yield

4.51%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

08/07/2023

Expense ratio

1.01%

Distribution rate

25.05%

Distribution frequency

Weekly

Trailing yield

64.37%

Last close

$6.81 (as of 2026-10-08)

AUM

$33,289,012

Average volume

47392.0

Last dividend

$0.0328

Latest 19(a) ROC estimate

0.00%

Last ex-dividend date

10/08/2026

Last payment date

10/09/2026

Beta

0.46

How Dividend Vision calculates yield and returns

Distribution rate (25.05%) 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 (64.37%) 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: Netflix (NFLX); 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.

NFLY risks and drawbacks

Total return has trailed NFLX over the available window. The deepest 1-year drawdown on record here is 41.6%.

Who may consider NFLY — and who may not

It is a weaker fit for investors whose main goal is matching NFLX total return. This is educational context, not a recommendation to buy or sell.

Compare NFLY

NFLY vs similar funds:

• NFLY vs NFLX

Frequently asked questions

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