Cenovus Energy Inc vs YieldMax Universe Fund of Option Income ETFs — how do they compare? Cenovus Energy Inc trades at $29.77 (market cap $55.00B), while YieldMax Universe Fund of Option Income ETFs trades at $7.7. The key difference: Cenovus Energy Inc pays a 2.09% dividend while YieldMax Universe Fund of Option Income ETFs pays none, and Cenovus Energy Inc is trading nearer its 52-week high, YieldMax Universe Fund of Option Income ETFs nearer its low. Which is the better fit depends on your goals.
| CVE | YMAX | |
|---|---|---|
Market Cap | $55.00B | — |
Sector | Energy | Income / Options Overlay |
52-Week High | $31.80 | $13.26 |
52-Week Low | $14.83 | $7.27 |
Enterprise Value | $61.08B | — |
Dividend Yield | 2.09% | — |
Trailing returns across standard periods
Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 472 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds 6.7 billion boe of proven and probable reserves.
Read more on CVE →YMAX is an actively managed 'fund of funds' that provides equal-weighted exposure to the full suite of YieldMax option income ETFs. It is designed to generate high current income by aggregating the premiums from various single-stock and thematic covered call strategies, offering a diversified approach to high-yield option investing.
Read more on YMAX →