YieldMax COIN Option Income Strategy ETFCONY
CONY
0
Funds holding %
of 7,390 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
79% more capital invested
Capital invested by funds: $17.6M [Q3] → $31.6M (+$14M) [Q4]
48% more funds holding
Funds holding: 21 [Q3] → 31 (+10) [Q4]
0.29% more ownership
Funds ownership: 2.79% [Q3] → 3.08% (+0.29%) [Q4]
37% less call options, than puts
Call options by funds: $4.13M | Put options by funds: $6.58M
Research analyst outlook
We haven’t received any recent analyst ratings for CONY.
Financial journalist opinion
Based on 4 articles about CONY published over the past 30 days
Negative
Seeking Alpha
1 day ago
CONY: Yield Is High But Risk Is Higher
YieldMax COIN Option Income Strategy ETF offers high dividends but is risky with an annual expected return of -16% and a potential 70% YoY value loss. CONY uses a synthetic covered call strategy, generating income through call options on COIN, but doesn't directly invest in Coinbase shares. CONY's performance is significantly lower than COIN's, with a 0.39 correlation during bull runs, making it less suitable for capital protection.
Neutral
Seeking Alpha
1 day ago
CONY: Recent Performance Highlights Flaws In The Fund's Construction
Fund managers aim for approximately 80% price upside, maintaining a net short position of around 20% at any time. This strategy balances potential gains with risk management, providing a hedge against market downturns. The approach is designed to optimize returns while minimizing exposure to adverse market conditions.
Neutral
Seeking Alpha
1 day ago
CONY: High Yield, But Proceed With Caution
The YieldMax COIN Option Income Strategy ETF offers a 91.17% distribution rate, driven by Coinbase's volatility, but this doesn't guarantee profitability. Despite the high yield, I think Coinbase is a better choice at this point in time because of relatively low implied volatility. Current market conditions and seasonal trends suggest Coinbase may perform well in April, making direct ownership more favorable than selling covered calls.
Neutral
Seeking Alpha
4 weeks ago
High Yields Will Never Be The Same - Here's Why
High-yield investments like BDCs, MLPs, CEFs, and REITs offer substantial dividend yields, often overlooked by retail investors due to a lack of awareness. Option ETFs generate high income by writing options against equities, with some offering extreme yields, like Yieldmax MSTR Option Income Strategy ETF at 113%. These funds are for income generation, not total return or capital appreciation, and require a different evaluation lens than traditional investments.
Positive
Seeking Alpha
1 month ago
CONY: Riskier Income Play On A Decent Stock
YieldMax COIN Option Income Strategy ETF uses a synthetic covered call strategy to produce its income yield of around 150%. Comparing total returns since CONY's inception highlights the advantage of simply owning COIN. CONY is therefore suited for people who really want its monthly dividend, but there are risks that come with this.
Neutral
Seeking Alpha
1 month ago
CONY: Cautious Of A Shift In The Crypto Cycle (Rating Downgrade)
YieldMax COIN Option Income Strategy ETF offers a massive 111% dividend yield, but suffers from significant capital deterioration and limited upside potential. CONY's synthetic option strategy generates high income but exposes investors to full downside risk, especially if Bitcoin's price crashes. Despite Coinbase's strong financial performance, CONY underperforms COIN shares; holding COIN directly is preferable for long-term bullish investors.
Neutral
Invezz
1 month ago
Coinbase stock forecast: are COIN and CONY buys into earnings
Coinbase stock price will be in the spotlight next week as the blue-chip crypto exchange publishes its fourth quarter earnings that will cap its best year on record. COIN has remained in a tight range this year as Bitcoin and most altcoins retreated.
Neutral
GlobeNewsWire
1 month ago
YieldMax™ ETFs Announces Distributions on NFLY ($1.0705), CONY ($1.0468), PYPY ($0.6665), YMAX ($0.1944), YMAG ($0.1862) and Others
CHICAGO, MILWAUKEE and NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Distribution per Share Distribution Frequency Ex-Date & Record Date Payment Date GPTY* YieldMax™ AI & Tech Portfolio Option Income ETF Multiple $0.3353 Weekly 2/7/2025 2/10/2025 LFGY YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF Multiple $0.6280 Weekly 2/6/2025 2/7/2025 YMAX YieldMax™ Universe Fund of Option Income ETFs Multiple $0.1944 Weekly 2/6/2025 2/7/2025 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.1862 Weekly 2/6/2025 2/7/2025 CONY YieldMax™ COIN Option Income Strategy ETF COIN $1.0468 Every 4 Weeks 2/6/2025 2/7/2025 FIAT YieldMax™ Short COIN Option Income Strategy ETF COIN $0.5498 Every 4 Weeks 2/6/2025 2/7/2025 MSFO YieldMax™ MSFT Option Income Strategy ETF MSFT $0.3615 Every 4 Weeks 2/6/2025 2/7/2025 AMDY YieldMax™ AMD Option Income Strategy ETF AMD $0.3812 Every 4 Weeks 2/6/2025 2/7/2025 NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX $1.0705 Every 4 Weeks 2/6/2025 2/7/2025 ABNY YieldMax™ ABNB Option Income Strategy ETF ABNB $0.4033 Every 4 Weeks 2/6/2025 2/7/2025 PYPY YieldMax™ PYPL Option Income Strategy ETF PYPL $0.6665 Every 4 Weeks 2/6/2025 2/7/2025 ULTY YieldMax™ Ultra Option Income Strategy ETF Multiple $0.5369 Every 4 Weeks 2/6/2025 2/7/2025 CVNY** YieldMax™ CVNA Option Income Strategy ETF CVNA - Every 4 Weeks - - Weekly Payers & Group D ETFs scheduled for next week: GPTY LFGY YMAX YMAG MSTY YQQQ AMZY APLY AIYY DISO SQY SMCY Note: DIPS, FIAT, CRSH and YQQQ are hereinafter referred to as the “Short ETFs”.
Positive
Seeking Alpha
1 month ago
Why I'm Passing On The YieldMax COIN Option Income Strategy ETF And Its 81.57% Distribution Yield
The YieldMax COIN Option Income Strategy ETF offers an 81.57% distribution yield by executing a covered call strategy on Coinbase. Despite attracting $1.12 billion in assets, CONY underperforms COIN significantly, especially during rapid price surges, due to its covered call strategy. Covered call selling doesn't necessarily deliver high total returns and could distort the market, especially in an extended bear market for Coinbase.
Negative
Seeking Alpha
2 months ago
CONY: Holdings Breakdown Reveals Key Factors For Underperformance Through 2025
Breakdown Analysis reveals that CONY Fund Holdings is evenly distributed between bear, neutral, and bull options strategies, which is not ideal for investors with strong biases. In terms of dollars invested, CONY's fund is heavily concentrated on the bull puts (Fig 2: 72% compared to 21% long naked calls and 7% credit call spreads). In terms of the number of contracts, CONY's options strategies are evenly distributed among bull puts (40%), bear call spread (30%), and long naked calls (30%).
Charts implemented using Lightweight Charts™