YieldMax Strategic Metals & Mining Portfolio Option Income ETF

YieldMax Strategic Metals & Mining Portfolio Option Income ETF is an actively managed exchange-traded fund that primarily seeks to generate current income through options-based strategies on a portfolio of strategic metals and mining companies. It employs call writing and other derivatives approaches, including swaps, to pursue this objective while offering a secondary aim of capital appreciation. The fund invests in U.S.-listed securities such as the VanEck Rare Earth and Strategic Metals ETF, alongside companies involved in precious metals like Pan American Silver and Wheaton Precious Metals, base metals producer Freeport-McMoRan, rare earth miner MP Materials, and uranium firms like Cameco and Uranium Energy Corp. It also holds exposure to nuclear and energy-related entities such as NuScale Power and Constellation Energy. As part of the YieldMax portfolio ETF family, managed by Tidal Investments LLC, this non-diversified fund targets the cyclical strategic metals and mining sector, which encompasses exploration, extraction, processing, and production of rare earth elements, uranium, and critical minerals essential for advanced technologies and energy transitions.