YieldMax Russell 2000 0DTE Covered Call Strategy ETF (RDTY)

YieldMax Russell 2000 0DTE Covered Call Strategy ETF (RDTY) is an exchange-traded fund in the Derivative Income category. It has $26.38M in assets, an expense ratio of 1.73% and a 11.70% dividend yield. The fund seeks to achieve its investment objective by employing a synthetic covered call strategy, designed to generate current income on a weekly basis while also providing exposure to the price return of the Russell 2000 Index. In executing this strategy, the manager will utilize call options that reference the index or on passively managed ETFs that seek to track the index’s performance. The fund is non-diversified.