(ULTY) YieldMax Ultra Option - Overview
Etf: Covered Calls, Volatility Income, Active ETF, US Equities
Dividends
| Dividend Yield | 85.34% |
| Yield on Cost 5y | 24.71% |
| Yield CAGR 5y | -24.30% |
| Payout Consistency | 83.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 23.3% |
| Relative Tail Risk | 6.38% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.24 |
| Alpha | -23.06 |
| Character TTM | |
|---|---|
| Beta | 1.130 |
| Beta Downside | 1.235 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.84% |
| CAGR/Max DD | -0.04 |
Description: ULTY YieldMax Ultra Option January 16, 2026
The YieldMax Ultra Option Income Strategy ETF (NYSE ARCA: ULTY) is an actively managed, non-diversified ETF that targets current income by writing both traditional and synthetic covered calls on a select basket of U.S. equities. By capping upside potential, the fund aims to generate higher option premiums, especially when the underlying stocks exhibit elevated volatility.
Key metrics (as of the latest filing) show an expense ratio of 0.85% and a distribution yield around 9.2%, reflecting the premium capture from option writing. The fund’s holdings are concentrated in large-cap, dividend-paying sectors such as technology and consumer staples, which tend to have higher implied volatility (VIX ≈ 22) in a tightening monetary environment. Consequently, Federal Reserve policy shifts that increase equity market volatility can materially boost the strategy’s income generation, while a sustained low-volatility regime may compress premiums.
For a deeper dive into how ULTY’s performance stacks up against peers and the underlying volatility dynamics, you might find ValueRay’s analytical tools useful.
What is the price of ULTY shares?
Over the past week, the price has changed by -0.51%, over one month by -1.28%, over three months by -6.87% and over the past year by -6.00%.
Is ULTY a buy, sell or hold?
What are the forecasts/targets for the ULTY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 41.9 | 18.6% |
ULTY Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.20b USD (1.20b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.20b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.20b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 10.08% (E(1.20b)/V(1.20b) * Re(10.08%) + (debt-free company))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)