# MSTY (YieldMax(R) MSTR Option Income Strategy ETF)

YieldMax · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, MSTY paid 35.1% in cash and finished 5.5 points ahead of MSTR.

## Key facts

- MSTY, cash paid, 1 year, on its starting price: 35.1%, as of Sep 11, 2026.
- MSTY, total return, 1 year: −54.4%, as of Sep 11, 2026.
- MSTY, against MSTR: +5.5 pts, as of Sep 11, 2026.
- MSTY, return of capital, latest payout (YieldMax estimate): 98.8%, as of Sep 11, 2026.
- MSTY, net assets: $957m (issuer page, as of Sep 11, 2026).
- MSTY, expense ratio: 0.99% (485BPOS XBRL, Feb 26, 2025).

## MSTY over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | MSTR | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 16.1% | −15.3% | +3.8% | +5.7% | −1.8 pts |
| 6 months | 32.0% | −38.6% | −7.2% | −6.2% | −1.0 pts |
| 1 year | 35.1% | −80.9% | −54.4% | −59.8% | +5.5 pts |
| Since launch | 223.1% | −86.2% | +56.5% | +83.7% | −27.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | synthetic covered call | ETFIQ |
| Benchmark | MicroStrategy (MSTR) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $957m | issuer page, as of Sep 11, 2026 |
| Latest payout, annualized | 110.5% | ETFIQ |
| Expense ratio | 0.99% | 485BPOS XBRL, Feb 26, 2025 |
| Cash paid, last 12 months, over today’s price | 184.1% | ETFIQ |
| Launched | Feb 22, 2024 | ETFIQ |
| Return of capital, latest distribution | 98.8% | 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 | $0.3121 ex Sep 10, 2026 | ETFIQ |
| Sum of the last 12 distributions | $2.5587 | ETFIQ |

## Questions

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

Over the year to Sep 11, 2026, MSTY paid 35.1% of its starting price in cash distributions, while the price fell 80.9%.

### Is MSTY ahead of MSTR?

Over the year to Sep 11, 2026, with every distribution reinvested, MSTY returned −54.4% against −59.8% for MicroStrategy (MSTR), so a holder was ahead of it by 5.5 points.

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

MSTY pays weekly. The latest distribution annualizes to 110.5% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### Is the MSTY distribution return of capital?

YieldMax estimates 99% of the distribution paid Sep 11, 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 MSTY next pay a distribution?

MSTY pays weekly. The last distribution went ex on Sep 10, 2026 at $0.3121 a share. The issuer has set the next ex-date at Sep 17, 2026 but not the amount.

### What does MSTY cost?

The prospectus expense ratio is 0.99% a year.


## Cite this page

ETFIQ, MSTY, data as of Sep 11, 2026. https://etfiq.com/funds/msty
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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