YQQQ, the YieldMax Short N100 Option Income Strategy ETF, functions as an actively managed exchange-traded fund. Its primary objective is to generate consistent weekly income by deploying a synthetic covered put strategy tied to the Nasdaq 100 Index. This strategy is structured to capture option premiums and, at the same time, provide bearish (short) exposure to the Nasdaq 100's market performance. To manage potential risks, the fund utilizes purchased call options.

Asset class

Fixed income

Issuer

YieldMax

Domicile

US

Inception date

Aug 14, 2024

Holdings

14

ISIN

US88636J4519