{
 "ticker": "CRCO",
 "name": "YieldMax(R) CRCL Option Income Strategy ETF",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/crco",
 "html": "https://etfiq.com/funds/crco",
 "markdown": "https://etfiq.com/funds/crco.md",
 "as_of": "2026-09-30",
 "verdict": "Over the year to Sep 30, 2026, CRCO paid 43.9% in cash and finished 5.6 points ahead of CRCL.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "43.9%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "CRCO, cash paid, 1 year, on its starting price: 43.9%, as of Sep 30, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221232.4%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "CRCO, total return, 1 year: \u221232.4%, as of Sep 30, 2026."
  },
  {
   "key": "against_crcl",
   "label": "Against CRCL",
   "value": "+5.6 pts",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "CRCO, against CRCL: +5.6 pts, as of Sep 30, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (YieldMax estimate)",
   "value": "61.9%",
   "source": "YieldMax estimate",
   "as_of": "2026-09-30",
   "sentence": "CRCO, return of capital, latest payout (YieldMax estimate): 61.9%, as of Sep 30, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$51m",
   "source": "issuer page, as of Sep 30, 2026",
   "as_of": "2026-09-30",
   "sentence": "CRCO, net assets: $51m (issuer page, as of Sep 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.01%",
   "source": "485BPOS XBRL, Sep 8, 2025",
   "as_of": "2026-09-30",
   "sentence": "CRCO, expense ratio: 1.01% (485BPOS XBRL, Sep 8, 2025)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "(CRCL)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$51m",
   "source": "issuer page, as of Sep 30, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "89.2%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.01%",
   "source": "485BPOS XBRL, Sep 8, 2025"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "162.8%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Sep 30, 2025",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "61.9%",
   "source": "YieldMax 19a-1 estimate"
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "7 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "1 day",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.2279 ex Sep 24, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$2.9045",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "23.7%",
   "Price": "+2.1%",
   "Total return": "+27.4%",
   "CRCL": "+32.6%",
   "Ahead or behind": "\u22125.2 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "36.4%",
   "Price": "\u221238.5%",
   "Total return": "\u22123.6%",
   "CRCL": "\u22129.4%",
   "Ahead or behind": "+5.9 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "43.9%",
   "Price": "\u221273.0%",
   "Total return": "\u221232.4%",
   "CRCL": "\u221238.0%",
   "Ahead or behind": "+5.6 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "43.9%",
   "Price": "\u221273.0%",
   "Total return": "\u221232.4%",
   "CRCL": "\u221238.0%",
   "Ahead or behind": "+5.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has CRCO paid over the last year?",
   "a": "Over the year to Sep 30, 2026, CRCO paid 43.9% of its starting price in cash distributions, while the price fell 73.0%."
  },
  {
   "q": "Is CRCO ahead of CRCL?",
   "a": "Over the year to Sep 30, 2026, with every distribution reinvested, CRCO returned \u221232.4% against \u221238.0% for (CRCL), so a holder was ahead of it by 5.6 points."
  },
  {
   "q": "How often does CRCO pay, and how much?",
   "a": "CRCO pays weekly. The latest distribution annualizes to 89.2% at its price on Sep 30, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the CRCO distribution return of capital?",
   "a": "YieldMax estimates 62% of the distribution paid Oct 2, 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 CRCO next pay a distribution?",
   "a": "CRCO pays weekly. The last distribution went ex on Sep 24, 2026 at $0.2279 a share. The issuer has set the next ex-date at Oct 7, 2026 but not the amount."
  },
  {
   "q": "What does CRCO cost?",
   "a": "The prospectus expense ratio is 1.01% a year."
  }
 ],
 "generated": "2026-10-01",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}