YBIT ETF — YieldMax Bitcoin Option Income Strategy ETF

YieldMax Bitcoin Option Income Strategy ETF (YBIT)

YBIT is an ETF that tracks the Bitcoin. As of August 19, 2026, its distribution rate is 35.06%, its trailing-12-month yield is 87.85%, its expense ratio is 1.02%. Dividend Vision Distribution Safety Score™ is 9/100 (High risk). Fund total return is -26.9% over the past 2.3 years, 23.5 points behind IBIT at -3.4%.

At the current 35.06% distribution rate, a $10,000 investment would generate approximately $3,506 per year, or $292.17 per month on an equivalent basis. Actual weekly payments vary.

YieldMax Bitcoin Option Income Strategy ETF implements a covered call strategy on Bitcoin, selling call options against Bitcoin holdings to generate income while maintaining exposure to the underlying cryptocurrency. The fund distributes income weekly with a 46.88% annualized distribution rate and carries a 1.02% expense ratio. This structure appeals to income-focused investors seeking regular cash distributions from crypto exposure, though the covered call approach caps upside potential while the weekly payout frequency and high yield reflect the option premium generation model.

YBIT performance versus IBIT

Data as of August 19, 2026.

Fund total return is -26.9% over the past 2.3 years, 23.5 points behind IBIT at -3.4%. Its deepest 1-year drawdown was 47.5%.

YBIT key facts

Data as of August 19, 2026.

Distribution Safety Score™

9 · High risk

Safety-Adjusted Yield

3.16%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

04/22/2024

Expense ratio

1.02%

Distribution rate

35.06%

Distribution frequency

Weekly

Trailing yield

87.85%

Last close

$18.36

AUM

$46,793,125

Average volume

17058.0

Last dividend

$0.1238

Ex-dividend date

08/20/2026

Payment date

08/21/2026

Beta

1.5424

How Dividend Vision calculates yield and returns

Distribution rate (35.06%) 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 (87.85%) 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: Bitcoin; 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.

YBIT risks and drawbacks

Total return has trailed IBIT over the available window. The deepest 1-year drawdown on record here is 47.5%.

Who may consider YBIT — and who may not

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

Compare YBIT

YBIT vs similar funds:

• YBIT vs IBIT
• YBIT vs BITO
• YBIT vs BTCI
• YBIT vs MSTY
• YBIT vs CONY
• YBIT vs BLOX

Frequently asked questions

More funds from YieldMax.