YieldMax CVNA Option Income Strategy ETF (CVNY)

YieldMax CVNA Option Income Strategy ETF (CVNY) is an exchange-traded fund in the Derivative Income category. It has $22.63M in assets, an expense ratio of 1.09% and a 60.16% dividend yield. The fund manager uses a synthetic covered call strategy to provide income and indirect exposure to the share price returns of CVNA, which is generally subject to a limit on potential investment gains as a result of the nature of the options strategy it employs. The fund is non-diversified.