{
 "ticker": "CVNY",
 "name": "YieldMax(R) CVNA Option Income Strategy ETF",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/cvny",
 "html": "https://etfiq.com/funds/cvny",
 "markdown": "https://etfiq.com/funds/cvny.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, CVNY paid 50.6% in cash and finished 7.2 points ahead of CVNA.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "50.6%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "CVNY, cash paid, 1 year, on its starting price: 50.6%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22126.7%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "CVNY, total return, 1 year: \u22126.7%, as of Sep 18, 2026."
  },
  {
   "key": "against_cvna",
   "label": "Against CVNA",
   "value": "+7.2 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "CVNY, against CVNA: +7.2 pts, as of Sep 18, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (YieldMax estimate)",
   "value": "0.0%",
   "source": "YieldMax estimate",
   "as_of": "2026-09-18",
   "sentence": "CVNY, return of capital, latest payout (YieldMax estimate): 0.0%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$21m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "CVNY, net assets: $21m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.09%",
   "source": "485BPOS XBRL, Feb 24, 2026",
   "as_of": "2026-09-18",
   "sentence": "CVNY, expense ratio: 1.09% (485BPOS XBRL, Feb 24, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Carvana (CVNA)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$21m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "63.0%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.09%",
   "source": "485BPOS XBRL, Feb 24, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "111.1%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 30, 2025",
   "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": "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": "$0.2215 ex Sep 17, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$3.5316",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "17.4%",
   "Price": "\u221217.1%",
   "Total return": "\u22120.3%",
   "CVNA": "\u22122.2%",
   "Ahead or behind": "+1.9 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "39.2%",
   "Price": "\u221220.9%",
   "Total return": "+16.7%",
   "CVNA": "+15.7%",
   "Ahead or behind": "+1.0 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "50.6%",
   "Price": "\u221254.5%",
   "Total return": "\u22126.7%",
   "CVNA": "\u221213.9%",
   "Ahead or behind": "+7.2 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "85.3%",
   "Price": "\u221263.5%",
   "Total return": "+32.1%",
   "CVNA": "+33.5%",
   "Ahead or behind": "\u22121.4 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has CVNY paid over the last year?",
   "a": "Over the year to Sep 18, 2026, CVNY paid 50.6% of its starting price in cash distributions, while the price fell 54.5%."
  },
  {
   "q": "Is CVNY ahead of CVNA?",
   "a": "Over the year to Sep 18, 2026, with every distribution reinvested, CVNY returned \u22126.7% against \u221213.9% for Carvana (CVNA), so a holder was ahead of it by 7.2 points."
  },
  {
   "q": "How often does CVNY pay, and how much?",
   "a": "CVNY pays weekly. The latest distribution annualizes to 63.0% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the CVNY distribution return of capital?",
   "a": "YieldMax estimates 0% of the distribution paid Sep 18, 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 CVNY next pay a distribution?",
   "a": "CVNY pays weekly. The last distribution went ex on Sep 17, 2026 at $0.2215 a share. The issuer has set the next ex-date at Sep 23, 2026 but not the amount."
  },
  {
   "q": "What does CVNY cost?",
   "a": "The prospectus expense ratio is 1.09% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}