YieldMax COIN Option Income Strategy ETF
CONY
Market cap $936M

8.46 USD

+0.34

4.19%

At close Mar 19, 4:00 PM EDT

After hours

8.60

+0.14

1.65%

1 day

4.19%

5 days

0.95%

1 month

-27.51%

3 months

-39.96%

6 months

-34.21%

Year to date

-37.01%

1 year

-66.57%

5 years

-57.21%

10 years

-57.21%

0

Funds holding %

of 7,372 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

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for CONY.

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about CONY published over the past 30 days

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.

High Yields Will Never Be The Same - Here's Why

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.

CONY: Riskier Income Play On A Decent Stock

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.

CONY: Cautious Of A Shift In The Crypto Cycle (Rating Downgrade)

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.

Coinbase stock forecast: are COIN and CONY buys into earnings

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”.

YieldMax™ ETFs Announces Distributions on NFLY ($1.0705), CONY ($1.0468), PYPY ($0.6665), YMAX ($0.1944), YMAG ($0.1862) and Others

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.

Why I'm Passing On The YieldMax COIN Option Income Strategy ETF And Its 81.57% Distribution Yield

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%).

CONY: Holdings Breakdown Reveals Key Factors For Underperformance Through 2025

Best high-yielding covered call ETFs for a dividend-rich retirement

Covered call ETFs have become highly popular in the United States because of their high dividends and regular payments. The JPMorgan Equity Premium Income ETF (JEPI) has accumulated over $37 billion in assets, and its inflows are soaring.

Best high-yielding covered call ETFs for a dividend-rich retirement

YieldMax™ ETFs Announces Distributions on CONY ($0.8339), FIAT ($0.6530), NFLY ($0.5830), YMAX ($0.1395), YMAG ($0.1578) and Others

CHICAGO and MILWAUKEE and NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below. ETF Ticker 1 ETF Name Reference Asset Distribution per Share 2 Distribution Frequency Ex-Date & Record Date Payment Date YMAX YieldMax™ Universe Fund of Option Income ETFs Multiple $0.1395 Weekly 1/8/2025 1/10/2025 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.1578 Weekly 1/8/2025 1/10/2025 CONY YieldMax™ COIN Option Income Strategy ETF COIN $0.8339 Every 4 Weeks 1/8/2025 1/10/2025 FIAT YieldMax™ Short COIN Option Income Strategy ETF COIN $0.6530 Every 4 Weeks 1/8/2025 1/10/2025 MSFO YieldMax™ MSFT Option Income Strategy ETF MSFT $0.3667 Every 4 Weeks 1/8/2025 1/10/2025 AMDY YieldMax™ AMD Option Income Strategy ETF AMD $0.3404 Every 4 Weeks 1/8/2025 1/10/2025 NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX $0.5830 Every 4 Weeks 1/8/2025 1/10/2025 ABNY YieldMax™ ABNB Option Income Strategy ETF ABNB $0.4220 Every 4 Weeks 1/8/2025 1/10/2025 PYPY YieldMax™ PYPL Option Income Strategy ETF PYPL $0.4264 Every 4 Weeks 1/8/2025 1/10/2025 ULTY YieldMax™ Ultra Option Income Strategy ETF Multiple $0.5715 Every 4 Weeks 1/8/2025 1/10/2025 Scheduled for next week: YMAX YMAG MSTY YQQQ AMZY APLY AIYY DISO SQY SMCY Note: DIPS, FIAT, CRSH and YQQQ are hereinafter referred to as the “Short ETFs”.

YieldMax™ ETFs Announces Distributions on CONY ($0.8339), FIAT ($0.6530), NFLY ($0.5830), YMAX ($0.1395), YMAG ($0.1578) and Others

One Year Later, I Was Wrong About CONY And Its Yield (Rating Upgrade)

A year ago, I predicted YieldMax COIN Option Income Strategy ETF would underperform, and while its price dropped, it achieved an 86% total return. Despite a price decline from $25 to $15 per share, CONY's total return performance makes it competitive with COIN. My recent positive ratings on YieldMax funds, including YMAX and YMAG, reflect my updated perspective on their potential.

One Year Later, I Was Wrong About CONY And Its Yield (Rating Upgrade)

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