YieldMax Semiconductor Portfolio Option Income ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About CHPY
TheFund is an actively managed exchange-traded fund (“ETF”) that seeks (i) to generate cash distributions, and (ii) capitalappreciation. The Fund’s strategy involves: (1) constructing a portfolio of U.S.-listed equity securities of SemiconductorCompanies (each, an “Underlying Security”) (the “Equity Strategy”) and (2) the use of options strategiesdesigned to generate premiums (the “Options Strategies”), which involve using options contracts on Underlying Securitiesand/or Semiconductor ETFs (described below). The Fund will also maintain a minor allocation to cash or U.S. Treasuries, not exceedingten percent of its total assets. EquityStrategy TheAdviser selects the Semiconductor Companies in which the Fund will invest. Semiconductor Companies are companies that are involvedin the design, manufacture, or sale of semiconductors or semiconductor equipment. To enable the Fund to effectively implementits Options Strategies, the Adviser evaluates the liquidity of a potential company’s common stock and the liquidity of itsoptions contracts. The Fund may invest in companies of any market capitalization size. The Adviser will also evaluate price leveland implied volatility (i.e., a measure of how much the market believes the price of a stock or other underlying asset will movein the future) when selecting companies for investment and will monitor for these factors when determining whether to select newcompanies or remove existing companies from the portfolio. SemiconductorCompanies may include companies from foreign countries, including emerging markets. Underlying Securities may include depositaryreceipts, such as American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”). The Fundwill concentrate its investments (i.e., hold 25% or more of its total assets) in the same industry as that of the SemiconductorCompanies, which subjects the Fund to specific industry-related risks. TheFund’s equity portfolio will generally be comprised of between fifteen and thirty companies. Dividends, if any, paid bythe Fund’s equity portfolio holdings will contribute to the Fund’s income generation. In addition, the Fund’sequity portfolio may provide capital appreciation. The Fund’s strategy may result in high portfolio turnover on an annualbasis. OptionsStrategies – Seeking Premiums Separately,the Fund employs various options strategies focused on generating premiums. Generally speaking, the Fund sells (writes) optionson some or all of the Underlying Securities, receiving premiums from counterparties that pay for the right to buy or sell at aset price. These premiums are an important driver of the Fund’s distributions. On a weekly basis, the Adviser uses one ormore options strategies to seek to generate net premiums (i.e., option premiums received, less option premiums paid). Receiptof an option premium does not always represent income; depending on the outcome of the overall options transaction. Premiumlevels are influenced by market conditions, particularly volatility, and the Adviser may adjust the Fund’s options strategiesdepending on the outlook for the Underlying Securities. While option selling may provide premium opportunities, it may also limitupside gains or increase downside risk. Further, depending on the Adviser’s assessment of one or more of the UnderlyingSecurities’ options contracts (e.g., they are insufficiently liquid or too costly), the Fund may employ Options Strategiesusing a “Semiconductor ETF” (i.e., a passively-managed, U.S.-listed ETF that seeks to track the performance of anindex primarily comprised of Semiconductor Companies). The Fund’s options strategies are applied consistently, which forUnderlying Securities includes whether they are held directly or through synthetic exposure. Theoptions strategy most frequently utilized by the Fund is called a covered call spread, which is a type of selling credit spread.The Fund uses covered call spreads to earn premium by selling a call option while buying another at a higher strike, with bothprofit and loss capped. See the prospectus section titled “Additional Information About the Funds” for a list of theoptions strategies that the Fund may utilize, together with a description of each options strategy. Distributionsmay include a significant portion classified as return of capital (“ROC”). ROC generally represents a return of ashareholder’s invested capital rather than traditional income such as dividends or interest. See the prospectus sectiontitled “Additional Information About the Funds” for more information about option premiums and ROC.. Treasuries Inaddition, the Fund will hold cash or short-term U.S. Treasury securities. These securities serve a dual purpose: providing collateralfor the Options Strategies and contributing to the Fund’s income generation. FundAttributes TheFund is classified as “non-diversified” under the 1940 Act. Undernormal circumstances, the Fund will invest at least 80% of the value of its assets, plus borrowings for investment purposes, inthe equity securities of Semiconductor Companies and in options contracts on Semiconductor Companies and on Semiconductor ETFs.For purposes of the foregoing, the Fund defines a “Semiconductor Company” as a company that generates at least 50%of its revenue from the design, manufacture, or sale of semiconductors or semiconductor equipment, and a “SemiconductorETF” as a passively-managed, U.S.-listed ETF that seeks to track the performance of a semiconductor index. Lastly, the Funddefines a “Semiconductor Index” as a benchmark that tracks the performance of a selection of stocks from companiesoperating in the semiconductor industry. Thereis no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all ofits investment.
CHPY News
- YieldMax ETFs Announces Weekly Distributions for Group 1 ETFs
- This 40%-Yielding ETF Just Got 20% Cheaper -- Are You Missing Out?
- YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Sees Strong Trading Volume – Here’s What Happened
- YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Sees Large Increase in Short Interest
- This AI-Focused ETF Has a Jaw-Dropping 45% Dividend Yield. Is There a Catch?
- YieldMax Semiconductor Portfolio Option Income ETF (CHPY) Increases Weekly Distribution
- CHPY Declares Weekly Dividend of $0.7558 for Shareholders
Data for CHPY is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.