(CONY) YieldMax COIN Option Income - Overview

ETF Category: Derivative Income | Exchange: NYSE ARCA (USA) | Market Cap: 416m USD | Total Return: -32.3% in 12m

Synthetic Options, Cash, Treasury Securities
Total Rating 26
Safety 55
Buy Signal -0.30
Derivative Income
Category Rotation: +0.2
TER: 1.01%
AUM: 416M
Avg Turnover: 12.2M
Risk 3d forecast
Volatility57.5%
VaR 5th Pctl10.2%
VaR vs Median-1.09%
Reward TTM
Sharpe Ratio-0.46
Rel. Str. IBD11.8
Rel. Str. Peer Group0.8
Character TTM
Beta2.339
Beta Downside2.737
Hurst Exponent0.567
Drawdowns 3y
Max DD67.44%
CAGR/Max DD0.12
CAGR/Mean DD0.32

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: CONY YieldMax COIN Option Income

The YieldMax™ COIN Option Income Strategy ETF (CONY) is a non-diversified derivative income fund that generates yield through synthetic option strategies on Coinbase Global, Inc. Unlike traditional funds, it maintains its investment exposure regardless of market volatility and does not adopt defensive cash positions during downturns.

The fund operates within the yield-enhancement sector, utilizing synthetic covered calls to monetize the high implied volatility often found in digital asset exchanges. Coinbases business model relies heavily on transaction fees from cryptocurrency trading volumes, making its stock price-and by extension, CONY’s underlying strategy-highly sensitive to crypto market cycles.

Investors should examine the historical performance data available on ValueRay to better understand how these distributions function over time.

Headlines to Watch Out For
  • Coinbase stock price volatility directly dictates option premium income levels
  • Bitcoin price fluctuations drive underlying asset performance and fund valuation
  • High distribution yields depend on elevated implied volatility in crypto markets
  • SEC enforcement actions against Coinbase impact underlying stock price stability
  • Direct correlation to spot crypto trading volumes affects synthetic strategy returns
What is the price of CONY shares?

As of May 31, 2026, the stock is trading at USD 24.65 with a total of 460,996 shares traded.
Over the past week, the price has changed by -2.34%, over one month by +3.33%, over three months by +8.36% and over the past year by -32.30%.

Is CONY a buy, sell or hold?

YieldMax COIN Option Income has no consensus analysts rating.