NFLY ETF — YieldMax NFLX Option Income Strategy ETF

YieldMax NFLX Option Income Strategy ETF (NFLY)

NFLY is an ETF that tracks the Netflix (NFLX). As of August 19, 2026, its distribution rate is 40.11%, its trailing-12-month yield is 63.77%, its expense ratio is 1.01%. Dividend Vision Distribution Safety Score™ is 18/100 (High risk). Fund total return is 46.3% over the past 3 years, 31.1 points behind NFLX at 77.4%.

At the current 40.11% distribution rate, a $10,000 investment would generate approximately $4,011 per year, or $334.25 per month on an equivalent basis. 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

Data as of August 19, 2026.

Fund total return is 46.3% over the past 3 years, 31.1 points behind NFLX at 77.4%. Its deepest 1-year drawdown was 41.1%.

NFLY key facts

Data as of August 19, 2026.

Distribution Safety Score™

18 · High risk

Safety-Adjusted Yield

7.22%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

08/07/2023

Expense ratio

1.01%

Distribution rate

40.11%

Distribution frequency

Weekly

Trailing yield

63.77%

Last close

$7.74

AUM

$38,563,815

Average volume

55991.0

Last dividend

$0.0597

Ex-dividend date

08/20/2026

Payment date

08/21/2026

Beta

0.0

How Dividend Vision calculates yield and returns

Distribution rate (40.11%) 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 (63.77%) 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: 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 41.1%.

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

More funds from YieldMax.