YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF vs YieldMax Universe Fund of Option Income ETFs — how do they compare? YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF trades at $39.27 (market cap $28.69M), while YieldMax Universe Fund of Option Income ETFs trades at $7.61 (market cap $364M). The key difference: YieldMax Universe Fund of Option Income ETFs is far larger — about 12.7× YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF's market cap, and YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF 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 — on Pluang, investors hold YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF for 61 Days and YieldMax Universe Fund of Option Income ETFs for 56 Days on average.
| QDTY | YMAX | |
|---|---|---|
Market Cap | $28.69M | $364M |
Volume | 22,490 | 1,181,378 |
Sector | Income / Options Overlay | Income / Options Overlay |
52-Week High | $46.71 | $12.70 |
52-Week Low | $36.57 | $7.27 |
Typical Hold Time | 61 Days | 56 Days |
Signals from Pluang's Aura AI — not financial advice
QDTY trades at $39.27, down 0.84% today, with a bullish technical signal supported by moving averages. The ETF demonstrates strong dividend distribution activity with recent payouts ranging from $0.19 to $0.30 per share, highlighted by a $0.24 dividend announced October 6th, 2026 representing a significant yield. Technical indicators show mixed signals with RSI suggesting potential overbought conditions while overall trend remains positive.
The outlook remains favorable for income-focused investors given the consistent dividend payments, though elevated RSI levels suggest near-term caution. Key risks include market volatility affecting covered call strategies and interest rate sensitivity. The ETF's weekly distribution model provides regular income but requires monitoring of underlying Nasdaq 100 performance for sustainability.
YMAX trades at $7.48, down 0.66% with a bearish technical outlook. The ETF shows persistent NAV erosion despite high distributions, with the share price declining 22.7% year-to-date. Recent portfolio adjustments aim to address performance concerns, but structural costs and distribution sustainability remain key investor focus areas.
The fund faces significant headwinds from its fund-of-funds structure stacking costs, with a 1.33% base fee plus underlying ETF expenses. While offering 40%+ annualized yields, the distribution policy appears unsustainable given NAV declines. Investors face principal erosion risks despite high income payments.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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QDTY is an actively managed ETF that employs a synthetic covered call strategy on the Nasdaq-100 Index using zero-days-to-expiration (0DTE) options. It aims to generate high weekly income by selling daily call options, providing limited participation in the index's upside while remaining fully exposed to its downside risk.
Read more on QDTY →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 →