SMCY ETF — YieldMax SMCI Option Income Strategy ETF

YieldMax SMCI Option Income Strategy ETF (SMCY)

SMCY is an ETF that tracks the Super Micro Computer (SMCI). As of August 19, 2026, its distribution rate is 100.82%, its trailing-12-month yield is 154.83%, its expense ratio is 1.01%. Dividend Vision Distribution Safety Score™ is 4/100 (High risk). Fund total return is -37.3% over the past 1.9 years, 21.9 points behind SMCI at -15.4%.

At the current 100.82% distribution rate, a $10,000 investment would generate approximately $10,082 per year, or $840.17 per month on an equivalent basis. Actual weekly payments vary.

SMCY performance versus SMCI

Data as of August 19, 2026.

Fund total return is -37.3% over the past 1.9 years, 21.9 points behind SMCI at -15.4%. Its deepest 1-year drawdown was 57.8%.

SMCY key facts

Data as of August 19, 2026.

Distribution Safety Score™

4 · High risk

Safety-Adjusted Yield

4.03%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

09/11/2024

Expense ratio

1.01%

Distribution rate

100.82%

Distribution frequency

Weekly

Trailing yield

154.83%

Last close

$5.40

AUM

$133,617,866

Average volume

716963.0

Last dividend

$0.1047

Ex-dividend date

08/20/2026

Payment date

08/21/2026

Beta

2.5969

How Dividend Vision calculates yield and returns

Distribution rate (100.82%) 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 (154.83%) 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: Super Micro Computer (SMCI); 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.

SMCY risks and drawbacks

Total return has trailed SMCI over the available window. The deepest 1-year drawdown on record here is 57.8%.

Who may consider SMCY — and who may not

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

Compare SMCY

SMCY vs similar funds:

• SMCY vs MSTY
• SMCY vs SMCI

Frequently asked questions

More funds from YieldMax.