YieldmaxTM Ultra Short Option Income Strategy ETF (SLTY)

YieldmaxTM Ultra Short Option Income Strategy ETF (SLTY) is an exchange-traded fund in the Derivative Income category. It has $28.97M in assets, an expense ratio of 1.25% and a 13.18% dividend yield. The fund’s strategy involves constructing a short portfolio of U.S.-listed equity securities or derivatives that provide short exposure to those underlying securities and generating income through an options portfolio, which involve using options contracts on underlying securities. The fund is non-diversified.