YMAX ETF — YieldMax Universe Fund of Option Income ETFs
YieldMax Universe Fund of Option Income ETFs (YMAX)
YMAX is an ETF that tracks the Basket (Yieldmax ETFs). As of August 19, 2026, its distribution rate is 41.04%, its trailing-12-month yield is 69.16%, its expense ratio is 1.33%. Dividend Vision Distribution Safety Score™ is 56/100 (Caution). Fund total return is 37.7% over the past 2.6 years, 29.7 points behind SPY at 67.4%.
At the current 41.04% distribution rate, a $10,000 investment would generate approximately $4,104 per year, or $342.00 per month on an equivalent basis. Actual weekly payments vary.
YMAX dividend yield and income
Data as of August 19, 2026.
The distribution rate (41.04%) is the latest posted forward yield, paid weekly. Trailing-12-month yield (69.16%) is the last year of payments divided by the current price. The 30-day SEC yield is 85.00%. The last dividend was $0.0599. The last ex-dividend date was 08/19/2026. It was paid on 08/20/2026. At 41.04%, $10,000 would generate about $4,104 a year ($342.00 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-08-12 | $0.061 | -44.5% |
| 2026-08-05 | $0.059 | -59.3% |
| 2026-07-29 | $0.057 | -65.5% |
| 2026-07-22 | $0.069 | -62.5% |
| 2026-07-15 | $0.073 | -29.8% |
| 2026-07-08 | $0.071 | -47.4% |
| 2026-07-01 | $0.073 | -53.5% |
| 2026-06-24 | $0.076 | -51.0% |
| 2026-06-17 | $0.077 | -45.8% |
| 2026-06-10 | $0.08 | -55.6% |
| 2026-06-03 | $0.093 | -45.9% |
| 2026-05-27 | $0.09 | -58.1% |
| 2026-05-20 | $0.091 | -51.1% |
| 2026-05-13 | $0.093 | -51.3% |
| 2026-05-06 | $0.082 | -51.2% |
| 2026-04-29 | $0.1 | -42.5% |
| 2026-04-22 | $0.1 | -27.0% |
| 2026-04-15 | $0.092 | -30.8% |
| 2026-04-08 | $0.09 | -30.2% |
| 2026-04-01 | $0.088 | -50.6% |
| 2026-03-25 | $0.034 | -74.2% |
| 2026-03-18 | $0.082 | -46.4% |
| 2026-03-11 | $0.083 | -17.0% |
| 2026-03-04 | $0.081 | -66.4% |
| 2026-02-25 | $0.072 | -45.9% |
| 2026-02-18 | $0.078 | -57.8% |
| 2026-02-11 | $0.074 | -50.7% |
| 2026-02-04 | $0.082 | -57.7% |
| 2026-01-28 | $0.083 | -43.5% |
| 2026-01-21 | $0.082 | -52.3% |
| 2026-01-14 | $0.082 | -26.8% |
| 2026-01-07 | $0.088 | -37.1% |
| 2025-12-31 | $0.106 | -41.4% |
| 2025-12-24 | $0.094 | -61.6% |
| 2025-12-17 | $0.124 | -10.8% |
| 2025-12-10 | $0.114 | -7.3% |
| 2025-12-03 | $0.096 | -59.7% |
| 2025-11-26 | $0.101 | -67.0% |
| 2025-11-19 | $0.13 | -46.7% |
| 2025-11-12 | $0.151 | -0.7% |
| 2025-11-05 | $0.174 | 45.0% |
| 2025-10-29 | $0.194 | -13.8% |
| 2025-10-22 | $0.157 | -30.8% |
| 2025-10-15 | $0.174 | -0.6% |
| 2025-10-09 | $0.147 | -27.9% |
| 2025-10-02 | $0.14 | -32.7% |
| 2025-09-25 | $0.082 | -63.1% |
| 2025-09-18 | $0.129 | -43.2% |
| 2025-09-11 | $0.132 | -41.9% |
| 2025-09-04 | $0.109 | -52.0% |
| 2025-08-28 | $0.137 | -76.8% |
| 2025-08-21 | $0.162 | -72.6% |
| 2025-08-14 | $0.11 | -81.4% |
| 2025-08-07 | $0.145 | -75.5% |
| 2025-07-31 | $0.165 | -74.7% |
| 2025-07-24 | $0.184 | -71.8% |
| 2025-07-17 | $0.104 | -84.0% |
| 2025-07-10 | $0.135 | -79.3% |
| 2025-07-03 | $0.157 | -75.9% |
| 2025-06-26 | $0.155 | -78.8% |
| 2025-06-20 | $0.142 | -80.5% |
| 2025-06-12 | $0.18 | -75.3% |
| 2025-06-05 | $0.172 | -76.4% |
| 2025-05-29 | $0.215 | -70.6% |
| 2025-05-22 | $0.186 | -74.6% |
| 2025-05-15 | $0.191 | -73.9% |
| 2025-05-08 | $0.168 | -77.0% |
| 2025-05-01 | $0.174 | -72.5% |
| 2025-04-24 | $0.137 | -78.3% |
| 2025-04-17 | $0.133 | -79.0% |
| 2025-04-10 | $0.129 | -79.6% |
| 2025-04-03 | $0.178 | -71.8% |
| 2025-03-27 | $0.132 | -76.8% |
| 2025-03-20 | $0.153 | -73.1% |
| 2025-03-13 | $0.1 | -82.4% |
| 2025-03-06 | $0.241 | -57.6% |
| 2025-02-27 | $0.133 | -75.1% |
| 2025-02-20 | $0.185 | -65.4% |
| 2025-02-13 | $0.15 | -71.9% |
| 2025-02-06 | $0.194 | -63.7% |
| 2025-01-30 | $0.147 | -72.5% |
| 2025-01-23 | $0.172 | — |
| 2025-01-16 | $0.112 | — |
| 2025-01-08 | $0.14 | — |
| 2025-01-03 | $0.181 | — |
| 2024-12-27 | $0.245 | — |
| 2024-12-19 | $0.139 | — |
| 2024-12-12 | $0.123 | — |
| 2024-12-05 | $0.238 | — |
| 2024-11-29 | $0.306 | — |
| 2024-11-21 | $0.244 | — |
| 2024-11-14 | $0.152 | — |
| 2024-11-07 | $0.12 | — |
| 2024-10-31 | $0.225 | — |
| 2024-10-24 | $0.227 | — |
| 2024-10-17 | $0.175 | — |
| 2024-10-10 | $0.204 | — |
| 2024-10-03 | $0.208 | — |
| 2024-09-26 | $0.222 | — |
| 2024-09-19 | $0.227 | — |
| 2024-08-15 | $0.591 | — |
| 2024-07-17 | $0.652 | — |
| 2024-06-14 | $0.73 | — |
| 2024-05-15 | $0.732 | — |
| 2024-04-17 | $0.632 | — |
| 2024-03-14 | $0.568 | — |
| 2024-02-15 | $0.534 | — |
| 2024 total | $7.494 | — |
| 2025 total | $7.853 | 4.8% |
| 2026 YTD total | $2.536 | -53.9% |
YMAX dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -45.90%. That is the seasonality-immune income comparison, not a single quarterly check versus the prior quarter. An annualized trend fit on recent payments is -60.46%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
| Window | Change |
|---|---|
| 1Y | -39.3% |
YMAX performance versus SPY
Data as of August 19, 2026.
Fund total return is 37.7% over the past 2.6 years, 29.7 points behind SPY at 67.4%. Its deepest 1-year drawdown was 26.1%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (2.6 years) | 37.7% | 13.20% |
YMAX key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 56 · Caution
- Safety-Adjusted Yield
- 22.98%
- Issuer
- YieldMax
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 01/16/2024
- Expense ratio
- 1.33%
- Distribution rate
- 41.04%
- Distribution frequency
- Weekly
- Trailing yield
- 69.16%
- 30-day SEC yield
- 85.00%
- Last close
- $7.59
- AUM
- $388,687,717
- Average volume
- 709610.0
- Last dividend
- $0.0599
- Ex-dividend date
- 08/19/2026
- Payment date
- 08/20/2026
- Beta
- 1.5515
- P/E ratio
- 31.1975
How Dividend Vision calculates yield and returns
Distribution rate (41.04%) 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 (69.16%) 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. The 30-day SEC yield (85.00%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. 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: 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 index does YMAX track?
YMAX tracks the Basket (Yieldmax ETFs).
What is YMAX's expense ratio?
YMAX's expense ratio is 1.33%.
What is YMAX's dividend yield?
YMAX currently yields 41.04%, paid weekly, with a 1.33% expense ratio.
How has YMAX's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -45.90%. That is not a single quarter versus the prior quarter.
When does YMAX pay a dividend?
YMAX pays weekly. The last dividend was $0.0599. The last ex-dividend date was 08/19/2026. It was paid on 08/20/2026.
How has YMAX performed?
Fund total return is 37.7% over the past 2.6 years, 29.7 points behind SPY at 67.4%. Its deepest 1-year drawdown was 26.1%.
Is YMAX a good investment?
YMAX's Dividend Vision Distribution Safety Score is 56 (Caution). That is a risk signal, not investment advice. It currently yields 41.04%. Compare peers below rather than treating any single figure as a buy or sell.
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