YieldMax TSLA Option Income Strategy ETF (TSLY)

YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund in the Derivative Income category. It has $683.08M in assets, an expense ratio of 1.07% and a 46.63% dividend yield. The fund will employ its investment strategy as it relates to TSLA regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. In seeking to achieve its investment objective, the fund will implement a “synthetic covered call” strategy using the standardized exchange-traded and FLEX options. It is non-diversified.