# DRAY (YieldMax(R) DKNG Option Income Strategy ETF)

YieldMax · Income ETFs · data as of Oct 2, 2026

Over the year to Oct 2, 2026, DRAY paid 36.8% in cash and finished level with DKNG.

## Key facts

- DRAY, cash paid, 1 year, on its starting price: 36.8%, as of Oct 2, 2026.
- DRAY, total return, 1 year: −47.2%, as of Oct 2, 2026.
- DRAY, against DKNG: −0.5 pts, as of Oct 2, 2026.
- DRAY, return of capital, latest payout (YieldMax estimate): 0.0%, as of Oct 2, 2026.
- DRAY, net assets: $2m (issuer page, as of Oct 2, 2026).
- DRAY, expense ratio: 1.03% (485BPOS XBRL, Feb 24, 2026).

## DRAY over each window to Oct 2, 2026

| Window | Cash paid | Price | Total return | DKNG | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 11.0% | −34.3% | −25.3% | −28.2% | +2.9 pts |
| 6 months | 28.3% | −34.3% | −11.8% | −19.7% | +7.9 pts |
| 1 year | 36.8% | −71.8% | −47.2% | −46.7% | −0.5 pts |
| Since launch | 36.0% | −78.2% | −56.1% | −57.6% | +1.5 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | synthetic covered call | ETFIQ |
| Benchmark | (DKNG) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $2m | issuer page, as of Oct 2, 2026 |
| Latest payout, annualized | 45.1% | ETFIQ |
| Expense ratio | 1.03% | 485BPOS XBRL, Feb 24, 2026 |
| Cash paid, last 12 months, over today’s price | 130.7% | ETFIQ |
| Launched | Jul 15, 2025 | ETFIQ |
| Return of capital, latest distribution | 0.0% | YieldMax 19a-1 estimate |
| Pays | weekly | ETFIQ |
| Typical gap between ex-dates | 7 days | ETFIQ |
| Typical wait from ex-date to payment | 1 day | ETFIQ |
| Last paid, per share | $0.0946 ex Oct 1, 2026 | ETFIQ |
| Sum of the last 12 distributions | $1.6374 | ETFIQ |

## Money in and out, to Oct 2, 2026

| Window | Dates | Net flow |
| --- | --- | --- |
| 1 day | Oct 2, 2026 | $0 |
| 1 week | Oct 2, 2026 | $0 |
| 1 month | Oct 2, 2026 | $0 |
| 3 months | Oct 2, 2026 | $0 |
| Year to date | Oct 2, 2026 | $0 |
| 1 year | Oct 2, 2026 | $0 |

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: https://etfiq.com/data/flows/funds/dray.json. Method: https://etfiq.com/methodology/flows

## Questions

### How much has DRAY paid over the last year?

Over the year to Oct 2, 2026, DRAY paid 36.8% of its starting price in cash distributions, while the price fell 71.8%.

### Is DRAY ahead of DKNG?

Over the year to Oct 2, 2026, with every distribution reinvested, DRAY returned −47.2% against −46.7% for (DKNG), so a holder was about even with it by 0.5 points.

### How often does DRAY pay, and how much?

DRAY pays weekly. The latest distribution annualizes to 45.1% at its price on Oct 2, 2026, which is not a promise; the next one can differ.

### Is the DRAY distribution return of capital?

YieldMax estimates 0% 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.

### When does DRAY next pay a distribution?

DRAY pays weekly. The last distribution went ex on Oct 1, 2026 at $0.0946 a share. The issuer has set the next ex-date at Oct 8, 2026 but not the amount.

### What does DRAY cost?

The prospectus expense ratio is 1.03% a year.


## Cite this page

ETFIQ, DRAY, data as of Oct 2, 2026. https://etfiq.com/funds/dray
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/dray  ·  JSON: https://etfiq.com/funds/dray.json