YMAX ETF — YieldMax Universe Fund of Option Income ETF
YieldMax Universe Fund of Option Income ETF (YMAX)
Updated October 2, 2026.
YMAX is an ETF linked to Basket (Yieldmax ETFs). its distribution rate is 40.78%, its trailing-12-month yield is 62.00%, its expense ratio is 1.33%. Dividend Vision Distribution Safety Score™ is 51/100 (Caution). Total return is 45.6% over the past 2.7 years, 22.7 points behind SPY at 68.3%.
At the current 40.78% distribution rate, a $10,000 investment would generate approximately $4,078 per year. Actual weekly payments vary.
YMAX dividend yield and income
Price as of 2026-10-02.
The distribution rate (40.78%) is the latest posted forward yield, paid weekly. Trailing-12-month yield (62.00%) is the last year of payments divided by the current price. The last dividend was $0.0596. The last ex-dividend date was 09/30/2026. It was paid on 10/01/2026. At the current 40.78% distribution rate, a $10,000 investment would generate approximately $4,078 per year. Actual weekly payments vary.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-30 | $0.0596 26.5% est. ROC | 0.0% |
| 2026-09-23 | $0.0596 | 2.4% |
| 2026-09-16 | $0.0582 | -2.7% |
| 2026-09-09 | $0.0598 | -0.5% |
| 2026-09-02 | $0.0601 | 1.9% |
| 2026-08-26 | $0.059 | -1.5% |
| 2026-08-19 | $0.0599 | -1.5% |
| 2026-08-12 | $0.0608 | 3.4% |
| 2026-08-05 | $0.0588 | 2.4% |
| 2026-07-29 | $0.0574 | -16.9% |
| 2026-07-22 | $0.0691 | -4.8% |
| 2026-07-15 | $0.0726 | 2.4% |
| 2026-07-08 | $0.0709 | -2.5% |
| 2026-07-01 | $0.0727 | -3.8% |
| 2026-06-24 | $0.0756 | -1.3% |
| 2026-06-17 | $0.0766 | -3.6% |
| 2026-06-10 | $0.0795 | -14.6% |
| 2026-06-03 | $0.0931 | 3.2% |
| 2026-05-27 | $0.0902 | -0.3% |
| 2026-05-20 | $0.0905 | -2.7% |
| 2026-05-13 | $0.093 | 12.9% |
| 2026-05-06 | $0.0824 | -17.4% |
| 2026-04-29 | $0.0997 | -0.1% |
| 2026-04-22 | $0.0998 | 8.4% |
| 2026-04-15 | $0.0921 | 2.2% |
| 2026-04-08 | $0.0901 | 3.0% |
| 2026-04-01 | $0.0875 | 160.4% |
| 2026-03-25 | $0.0336 | -59.2% |
| 2026-03-18 | $0.0824 | -0.4% |
| 2026-03-11 | $0.0827 | 2.7% |
| 2026-03-04 | $0.0805 | 12.0% |
| 2026-02-25 | $0.0719 | -7.6% |
| 2026-02-18 | $0.0778 | 4.7% |
| 2026-02-11 | $0.0743 | -9.5% |
| 2026-02-04 | $0.0821 | -1.1% |
| 2026-01-28 | $0.083 | 0.7% |
| 2026-01-21 | $0.0824 | 1.0% |
| 2026-01-14 | $0.0816 | -7.3% |
| 2026-01-07 | $0.088 | -17.0% |
| 2025-12-31 | $0.106 | 12.3% |
| 2025-12-24 | $0.0944 | -23.6% |
| 2025-12-17 | $0.1235 | 8.1% |
| 2025-12-10 | $0.1142 | 18.5% |
| 2025-12-03 | $0.0964 | -4.7% |
| 2025-11-26 | $0.1012 | -22.2% |
| 2025-11-19 | $0.1301 | -13.6% |
| 2025-11-12 | $0.1506 | -13.6% |
| 2025-11-05 | $0.1743 | -10.1% |
| 2025-10-29 | $0.1939 | 23.3% |
| 2025-10-22 | $0.1573 | -9.8% |
| 2025-10-15 | $0.1743 | 18.6% |
| 2025-10-09 | $0.147 | 5.1% |
| 2025-10-02 | $0.1399 | 70.4% |
| 2025-09-25 | $0.0821 | -36.3% |
| 2025-09-18 | $0.1289 | -2.4% |
| 2025-09-11 | $0.1321 | 20.7% |
| 2025-09-04 | $0.1094 | -20.3% |
| 2025-08-28 | $0.1372 | -15.4% |
| 2025-08-21 | $0.1622 | 47.2% |
| 2025-08-14 | $0.1102 | -24.2% |
| 2025-08-07 | $0.1453 | -11.7% |
| 2025-07-31 | $0.1646 | -10.4% |
| 2025-07-24 | $0.1838 | 76.6% |
| 2025-07-17 | $0.1041 | -22.7% |
| 2025-07-10 | $0.1347 | -14.4% |
| 2025-07-03 | $0.1574 | 1.7% |
| 2025-06-26 | $0.1548 | 8.7% |
| 2025-06-20 | $0.1424 | -21.0% |
| 2025-06-12 | $0.1803 | 4.8% |
| 2025-06-05 | $0.1721 | -19.9% |
| 2025-05-29 | $0.2149 | 15.5% |
| 2025-05-22 | $0.186 | -2.6% |
| 2025-05-15 | $0.191 | 13.8% |
| 2025-05-08 | $0.1679 | -3.7% |
| 2025-05-01 | $0.1744 | 27.6% |
| 2025-04-24 | $0.1367 | 2.5% |
| 2025-04-17 | $0.1334 | 3.5% |
| 2025-04-10 | $0.1289 | -27.6% |
| 2025-04-03 | $0.1781 | 35.4% |
| 2025-03-27 | $0.1315 | -13.8% |
| 2025-03-20 | $0.1526 | 52.3% |
| 2025-03-13 | $0.1002 | -58.3% |
| 2025-03-06 | $0.2405 | 81.2% |
| 2025-02-27 | $0.1327 | -28.3% |
| 2025-02-20 | $0.1852 | 23.2% |
| 2025-02-13 | $0.1503 | -22.7% |
| 2025-02-06 | $0.1944 | 32.3% |
| 2025-01-30 | $0.1469 | -14.6% |
| 2025-01-23 | $0.172 | 53.8% |
| 2025-01-16 | $0.1118 | -19.9% |
| 2025-01-08 | $0.1395 | -22.8% |
| 2025-01-03 | $0.1807 | -26.2% |
| 2024-12-27 | $0.2448 | 76.1% |
| 2024-12-19 | $0.139 | 13.4% |
| 2024-12-12 | $0.1226 | -48.4% |
| 2024-12-05 | $0.2377 | -22.2% |
| 2024-11-29 | $0.3056 | 25.2% |
| 2024-11-21 | $0.2441 | 60.3% |
| 2024-11-14 | $0.1523 | 27.0% |
| 2024-11-07 | $0.1199 | -46.6% |
| 2024-10-31 | $0.2247 | -0.9% |
| 2024-10-24 | $0.2268 | 29.8% |
| 2024-10-17 | $0.1747 | -14.5% |
| 2024-10-10 | $0.2044 | -1.5% |
| 2024-10-03 | $0.2076 | -6.5% |
| 2024-09-26 | $0.222 | N/A |
| 2024-09-19 | $0.227 | -61.6% |
| 2024-08-15 | $0.5912 | -9.3% |
| 2024-07-17 | $0.6516 | -10.7% |
| 2024-06-14 | $0.73 | -0.2% |
| 2024-05-15 | $0.7317 | 15.8% |
| 2024-04-17 | $0.6318 | 11.2% |
| 2024-03-14 | $0.568 | 6.4% |
| 2024-02-15 | $0.5339 | — |
| 2024 total | $7.4914 | — |
| 2025 total | $7.8543 | 4.8% |
| 2026 YTD total | $2.9489 | -54.0% vs prior-year YTD |
YMAX dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -47.9%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -7.55%.
| Window | Change |
|---|---|
| 1Y | -47.9% |
| 3Y | 0.0% |
| 5Y | 0.0% |
YMAX holdings and sector exposure
Holdings are not available for this snapshot.
YMAX performance versus SPY
Price and return data through 2026-10-02.
Total return is 45.6% over the past 2.7 years, 22.7 points behind SPY at 68.3%. Over the past year its total return — price change plus distributions reinvested — is -1.4%. Its deepest 1-year drawdown was 26.1%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 5.1% | — |
| 3M | 6.6% | — |
| 6M | 25.6% | — |
| YTD | 8.8% | — |
| 1Y | -1.4% | — |
| 2Y CAGR | — | 13.60% |
| Since inception (2.7 years) | 45.6% | 14.90% |
YMAX key facts
- Distribution Safety Score™
- 51 · Caution
- Safety-Adjusted Yield
- 20.80%
- Issuer
- YieldMax
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 01/16/2024
- Expense ratio
- 1.33%
- Distribution rate
- 40.78%
- Distribution frequency
- Weekly
- Trailing yield
- 62.00%
- Last close
- $7.60 (as of 2026-10-02)
- AUM
- $371,103,935
- Average volume
- 887200.0
- Last dividend
- $0.0596
- Latest 19(a) ROC estimate
- 26.49%
- Last ex-dividend date
- 09/30/2026
- Last payment date
- 10/01/2026
- Beta
- 1.5515
- P/E ratio
- 31.0331
How Dividend Vision calculates yield and returns
Distribution rate (40.78%) 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 (62.00%) 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: Basket (Yieldmax ETFs); 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.
YMAX risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 26.1%.
Who may consider YMAX — 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.
Compare YMAX
YMAX vs similar funds:
Frequently asked questions
Does YMAX pay monthly?
No. YMAX currently pays weekly, not monthly.
What is YMAX linked to?
YMAX is linked to Basket (Yieldmax ETFs), not a broad market index.
What is YMAX's expense ratio?
YMAX's expense ratio is 1.33%.
What is YMAX's dividend yield?
YMAX's distribution rate is 40.78%, paid weekly, with a 1.33% expense ratio — the latest regular payout annualised, not a trailing 12-month yield (data as of October 2, 2026).
How has YMAX's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -47.9%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does YMAX pay a dividend?
YMAX pays weekly. The last dividend was $0.0596. The last ex-dividend date was 09/30/2026. It was paid on 10/01/2026.
How has YMAX performed?
Total return is 45.6% over the past 2.7 years, 22.7 points behind SPY at 68.3%. Over the past year its total return — price change plus distributions reinvested — is -1.4%. Its deepest 1-year drawdown was 26.1%.
Is YMAX a good investment?
YMAX's Dividend Vision Distribution Safety Score is 51 (Caution). That is a risk signal, not investment advice. Its distribution rate is 40.78% (the latest regular payout annualised, not a trailing yield). Compare peers below rather than treating any single figure as a buy or sell.
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