ULTY ETF Analysis: YieldMax Ultra Option | NYSE
Derivative Income | NYSE, USA | Market Cap: 914m USD | 12M Return: -2.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.2M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 2.3 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
The YieldMax Ultra Option Income Strategy ETF (ULTY) is an actively managed, non-diversified ETF that pursues current income by providing direct and/or indirect exposure to select U.S. listed equities, subject to a cap on upside gains. It combines traditional and synthetic covered call strategies, with the covered call approach generally designed to generate premium income in exchange for limiting participation in price appreciation of the underlying securities. The strategy is structured to potentially produce higher income when the underlying securities experience elevated volatility, placing it in the derivative income category of ETFs. Launched in February 2024, ULTY reflects a relatively new entrant in the options-based income segment, catering to investors prioritizing yield over maximum capital appreciation.
- Underlying equity gains capped by option overlay limits upside participation
- Covered call premiums expand as implied volatility rises
- AUM growth accelerates amid retail demand for high income ETFs
As of June 30, 2026, the stock is trading at USD 29.27 with a total of 494,569 shares traded. Over the past week, the price has changed by -3.69%, over one month by -2.93%, over three months by +12.48% and over the past year by -2.12%.
Current recommended Stop Loss: 28.30 (which is 3.3% or 1.4 ATR below the current price).
YieldMax Ultra Option has no consensus analysts rating.