{
 "ticker": "HIYY",
 "name": "YieldMax(R) HIMS Option Income Strategy ETF",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/hiyy",
 "html": "https://etfiq.com/funds/hiyy",
 "markdown": "https://etfiq.com/funds/hiyy.md",
 "as_of": "2026-09-30",
 "verdict": "Over the year to Sep 30, 2026, HIYY paid 35.1% in cash and finished 4.7 points ahead of HIMS.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "35.1%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "HIYY, cash paid, 1 year, on its starting price: 35.1%, as of Sep 30, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221242.8%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "HIYY, total return, 1 year: \u221242.8%, as of Sep 30, 2026."
  },
  {
   "key": "against_hims",
   "label": "Against HIMS",
   "value": "+4.7 pts",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "HIYY, against HIMS: +4.7 pts, as of Sep 30, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (YieldMax estimate)",
   "value": "96.0%",
   "source": "YieldMax estimate",
   "as_of": "2026-09-30",
   "sentence": "HIYY, return of capital, latest payout (YieldMax estimate): 96.0%, as of Sep 30, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$13m",
   "source": "issuer page, as of Sep 30, 2026",
   "as_of": "2026-09-30",
   "sentence": "HIYY, net assets: $13m (issuer page, as of Sep 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "not read by ETFIQ",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "HIYY, expense ratio: not read by ETFIQ, as of Sep 30, 2026."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "(HIMS)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$13m",
   "source": "issuer page, as of Sep 30, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "67.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "not read by ETFIQ",
   "source": null
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "144.0%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Sep 23, 2025",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "96.0%",
   "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": "$0.1537 ex Sep 24, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$2.7058",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "17.2%",
   "Price": "\u221233.0%",
   "Total return": "\u221216.4%",
   "HIMS": "\u221220.7%",
   "Ahead or behind": "+4.3 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "48.6%",
   "Price": "\u221213.4%",
   "Total return": "+37.3%",
   "HIMS": "+50.1%",
   "Ahead or behind": "\u221212.8 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "35.1%",
   "Price": "\u221275.6%",
   "Total return": "\u221242.8%",
   "HIMS": "\u221247.5%",
   "Ahead or behind": "+4.7 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "35.4%",
   "Price": "\u221275.5%",
   "Total return": "\u221242.4%",
   "HIMS": "\u221246.8%",
   "Ahead or behind": "+4.4 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has HIYY paid over the last year?",
   "a": "Over the year to Sep 30, 2026, HIYY paid 35.1% of its starting price in cash distributions, while the price fell 75.6%."
  },
  {
   "q": "Is HIYY ahead of HIMS?",
   "a": "Over the year to Sep 30, 2026, with every distribution reinvested, HIYY returned \u221242.8% against \u221247.5% for (HIMS), so a holder was ahead of it by 4.7 points."
  },
  {
   "q": "How often does HIYY pay, and how much?",
   "a": "HIYY pays weekly. The latest distribution annualizes to 67.4% at its price on Sep 30, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the HIYY distribution return of capital?",
   "a": "YieldMax estimates 96% 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 HIYY next pay a distribution?",
   "a": "HIYY pays weekly. The last distribution went ex on Sep 24, 2026 at $0.1537 a share. The issuer has set the next ex-date at Oct 8, 2026 but not the amount."
  }
 ],
 "generated": "2026-10-01",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}