{
 "ticker": "BIGY",
 "name": "YieldMax(R) Target 12(TM) Big 50 Option Income ETF",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/bigy",
 "html": "https://etfiq.com/funds/bigy",
 "markdown": "https://etfiq.com/funds/bigy.md",
 "as_of": "2026-09-11",
 "verdict": "Over the year to Sep 11, 2026, BIGY paid 12.6% in cash and still finished 3.3 points behind SPY.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "12.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BIGY, cash paid, 1 year, on its starting price: 12.6%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+14.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BIGY, total return, 1 year: +14.2%, as of Sep 11, 2026."
  },
  {
   "key": "against_spy",
   "label": "Against SPY",
   "value": "\u22123.3 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BIGY, against SPY: \u22123.3 pts, as of Sep 11, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (YieldMax estimate)",
   "value": "0.0%",
   "source": "YieldMax estimate",
   "as_of": "2026-09-11",
   "sentence": "BIGY, return of capital, latest payout (YieldMax estimate): 0.0%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$44m",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "BIGY, net assets: $44m (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.09%",
   "source": "485BPOS XBRL, Nov 21, 2025",
   "as_of": "2026-09-11",
   "sentence": "BIGY, expense ratio: 1.09% (485BPOS XBRL, Nov 21, 2025)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "S&P 500 (SPY), used as a default proxy (proxy)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$44m",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "12.1%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.09%",
   "source": "485BPOS XBRL, Nov 21, 2025"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "12.5%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Nov 21, 2024",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "0.0%",
   "source": "YieldMax 19a-1 estimate"
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "28 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "2 days",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.5265 ex Sep 2, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$5.998",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "3.5%",
   "Price": "+0.3%",
   "Total return": "+3.8%",
   "SPY": "+3.3%",
   "Ahead or behind": "+0.5 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "6.8%",
   "Price": "+6.3%",
   "Total return": "+13.3%",
   "SPY": "+16.0%",
   "Ahead or behind": "\u22122.7 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "12.6%",
   "Price": "+0.8%",
   "Total return": "+14.2%",
   "SPY": "+17.5%",
   "Ahead or behind": "\u22123.3 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "21.8%",
   "Price": "+4.1%",
   "Total return": "+29.0%",
   "SPY": "+31.4%",
   "Ahead or behind": "\u22122.4 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has BIGY paid over the last year?",
   "a": "Over the year to Sep 11, 2026, BIGY paid 12.6% of its starting price in cash distributions, while the price rose 0.8%."
  },
  {
   "q": "Is BIGY ahead of SPY?",
   "a": "Over the year to Sep 11, 2026, with every distribution reinvested, BIGY returned +14.2% against +17.5% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 3.3 points."
  },
  {
   "q": "How often does BIGY pay, and how much?",
   "a": "BIGY pays monthly. The latest distribution annualizes to 12.1% at its price on Sep 11, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the BIGY distribution return of capital?",
   "a": "YieldMax estimates 0% of the distribution paid Sep 3, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion."
  },
  {
   "q": "When does BIGY next pay a distribution?",
   "a": "BIGY pays monthly. The last distribution went ex on Sep 2, 2026 at $0.5265 a share. The issuer has set the next ex-date at Oct 7, 2026 but not the amount."
  },
  {
   "q": "What does BIGY cost?",
   "a": "The prospectus expense ratio is 1.09% a year."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}