SLTY ETF — YieldMax Ultra Short Option Income Strategy ETF

YieldMax Ultra Short Option Income Strategy ETF (SLTY)

Updated October 8, 2026.

SLTY is an ETF that tracks the S&P 500 Index. its distribution rate is 55.78%, its trailing-12-month yield is 96.80%, its expense ratio is 1.35%. Dividend Vision Distribution Safety Score™ is 48/100 (Caution). Total return is -15.4% over the past 1.1 years, 38.8 points behind SPY at 23.4%.

At the current 55.78% distribution rate, a $10,000 investment would generate approximately $5,578 per year. Actual weekly payments vary.

SLTY performance versus SPY

Price and return data through 2026-10-08.

Total return is -15.4% over the past 1.1 years, 38.8 points behind SPY at 23.4%. Its deepest 1-year drawdown was 16.5%.

SLTY key facts

Distribution Safety Score™

48 · Caution

Safety-Adjusted Yield

26.77%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

08/20/2025

Expense ratio

1.35%

Distribution rate

55.78%

Distribution frequency

Weekly

Trailing yield

96.80%

Last close

$20.11 (as of 2026-10-08)

AUM

$28,876,952

Average volume

7149.0

Last dividend

$0.2157

Latest 19(a) ROC estimate

97.07%

Last ex-dividend date

10/07/2026

Last payment date

10/08/2026

Beta

-0.9441

How Dividend Vision calculates yield and returns

Distribution rate (55.78%) 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 (96.80%) 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: S&P 500 Index; 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.

SLTY risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 16.5%.

Who may consider SLTY — and who may not

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

Frequently asked questions

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