{
 "ticker": "NFLY",
 "name": "YieldMax(R) NFLX Option Income Strategy ETF",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/nfly",
 "html": "https://etfiq.com/funds/nfly",
 "markdown": "https://etfiq.com/funds/nfly.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, NFLY paid 26.6% in cash and finished 4.4 points ahead of NFLX.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "26.6%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "NFLY, cash paid, 1 year, on its starting price: 26.6%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221236.1%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "NFLY, total return, 1 year: \u221236.1%, as of Sep 18, 2026."
  },
  {
   "key": "against_nflx",
   "label": "Against NFLX",
   "value": "+4.4 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "NFLY, against NFLX: +4.4 pts, as of Sep 18, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (YieldMax estimate)",
   "value": "44.5%",
   "source": "YieldMax estimate",
   "as_of": "2026-09-18",
   "sentence": "NFLY, return of capital, latest payout (YieldMax estimate): 44.5%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$36m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "NFLY, net assets: $36m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.01%",
   "source": "485BPOS XBRL, Feb 24, 2026",
   "as_of": "2026-09-18",
   "sentence": "NFLY, expense ratio: 1.01% (485BPOS XBRL, Feb 24, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Netflix (NFLX)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$36m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "30.9%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.01%",
   "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": "62.3%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Aug 8, 2023",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "44.5%",
   "source": "YieldMax 19a-1 estimate"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "8.1%",
   "Price": "\u221218.0%",
   "Total return": "\u221210.4%",
   "NFLX": "\u22127.2%",
   "Ahead or behind": "\u22123.1 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "16.5%",
   "Price": "\u221234.6%",
   "Total return": "\u221220.6%",
   "NFLX": "\u221221.8%",
   "Ahead or behind": "+1.2 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "26.6%",
   "Price": "\u221257.3%",
   "Total return": "\u221236.1%",
   "NFLX": "\u221240.6%",
   "Ahead or behind": "+4.4 pts"
  },
  {
   "window": "3 years",
   "Cash paid": "122.4%",
   "Price": "\u221259.6%",
   "Total return": "+56.0%",
   "NFLX": "+81.2%",
   "Ahead or behind": "\u221225.2 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "108.1%",
   "Price": "\u221265.0%",
   "Total return": "+38.1%",
   "NFLX": "+63.8%",
   "Ahead or behind": "\u221225.7 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has NFLY paid over the last year?",
   "a": "Over the year to Sep 18, 2026, NFLY paid 26.6% of its starting price in cash distributions, while the price fell 57.3%."
  },
  {
   "q": "Is NFLY ahead of NFLX?",
   "a": "Over the year to Sep 18, 2026, with every distribution reinvested, NFLY returned \u221236.1% against \u221240.6% for Netflix (NFLX), so a holder was ahead of it by 4.4 points."
  },
  {
   "q": "How often does NFLY pay, and how much?",
   "a": "NFLY pays weekly. The latest distribution annualizes to 30.9% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the NFLY distribution return of capital?",
   "a": "YieldMax estimates 44% 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": "What does NFLY cost?",
   "a": "The prospectus expense ratio is 1.01% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}