YQQQ ETF — YieldMax Short N100 Option Income Strategy ETF

YieldMax Short N100 Option Income Strategy ETF (YQQQ)

YQQQ is an ETF that tracks the NASDAQ 100. As of August 19, 2026, its distribution rate is 20.13%, its trailing-12-month yield is 31.55%, its expense ratio is 1.11%. Dividend Vision Distribution Safety Score™ is 59/100 (Caution). Fund total return is -18.3% over the past 2 years, 71.1 points behind QQQ at 52.8%.

At the current 20.13% distribution rate, a $10,000 investment would generate approximately $2,013 per year, or $167.75 per month on an equivalent basis. Actual weekly payments vary.

YQQQ implements a covered call strategy against the NASDAQ 100 index, selling short-term call options on its equity holdings to generate income while maintaining underlying stock exposure. The fund distributes income weekly with a 22.12% annualized distribution rate and carries an expense ratio of 1.11%. The strategy appeals to income-focused investors seeking regular cash flow from equity holdings, though the covered call approach may cap upside potential during periods of strong market appreciation.

YQQQ performance versus QQQ

Data as of August 19, 2026.

Fund total return is -18.3% over the past 2 years, 71.1 points behind QQQ at 52.8%. Its deepest 1-year drawdown was 21.8%.

YQQQ key facts

Data as of August 19, 2026.

Distribution Safety Score™

59 · Caution

Safety-Adjusted Yield

11.88%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

08/14/2024

Expense ratio

1.11%

Distribution rate

20.13%

Distribution frequency

Weekly

Trailing yield

31.55%

Last close

$9.76

AUM

$14,692,267

Average volume

47155.0

Last dividend

$0.0378

Ex-dividend date

08/20/2026

Payment date

08/21/2026

Beta

-0.9342

How Dividend Vision calculates yield and returns

Distribution rate (20.13%) 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 (31.55%) 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: NASDAQ 100; 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.

YQQQ risks and drawbacks

Total return has trailed QQQ over the available window. The deepest 1-year drawdown on record here is 21.8%.

Who may consider YQQQ — and who may not

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

Frequently asked questions

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