{
 "ticker": "NVIT",
 "name": "YieldMax(R) NVDA Performance & Distribution Target 25(TM) ETF",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/nvit",
 "html": "https://etfiq.com/funds/nvit",
 "markdown": "https://etfiq.com/funds/nvit.md",
 "as_of": "2026-10-02",
 "verdict": "Since its launch on Nov 18, 2025, NVIT paid 21.3% in cash and finished 37.6 points ahead of TM.",
 "key_facts": [
  {
   "key": "cash_paid_since_launch_on_its_starting_price",
   "label": "Cash paid, since launch, on its starting price",
   "value": "21.3%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "NVIT, cash paid, since launch, on its starting price: 21.3%, as of Oct 2, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+30.2%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "NVIT, total return, since launch: +30.2%, as of Oct 2, 2026."
  },
  {
   "key": "against_tm",
   "label": "Against TM",
   "value": "+37.6 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "NVIT, against TM: +37.6 pts, as of Oct 2, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (YieldMax estimate)",
   "value": "0.0%",
   "source": "YieldMax estimate",
   "as_of": "2026-10-02",
   "sentence": "NVIT, return of capital, latest payout (YieldMax estimate): 0.0%, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$13m",
   "source": "issuer page, as of Oct 2, 2026",
   "as_of": "2026-10-02",
   "sentence": "NVIT, net assets: $13m (issuer page, as of Oct 2, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.27%",
   "source": "485BPOS XBRL, Oct 3, 2025",
   "as_of": "2026-10-02",
   "sentence": "NVIT, expense ratio: 1.27% (485BPOS XBRL, Oct 3, 2025)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "(TM)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$13m",
   "source": "issuer page, as of Oct 2, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "24.5%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.27%",
   "source": "485BPOS XBRL, Oct 3, 2025"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "20.1%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Nov 18, 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": "$0.2444 ex Sep 29, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$2.8898",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "6.6%",
   "Price": "+10.5%",
   "Total return": "+17.6%",
   "TM": "+4.0%",
   "Ahead or behind": "+13.7 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "13.3%",
   "Price": "+10.5%",
   "Total return": "+25.2%",
   "TM": "\u221212.3%",
   "Ahead or behind": "+37.5 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "21.3%",
   "Price": "+5.4%",
   "Total return": "+30.2%",
   "TM": "\u22127.4%",
   "Ahead or behind": "+37.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has NVIT paid over the last year?",
   "a": "Over the period from its launch on Nov 18, 2025 to Oct 2, 2026, NVIT paid 21.3% of its starting price in cash distributions, while the price rose 5.4%."
  },
  {
   "q": "Is NVIT ahead of TM?",
   "a": "Over the period from its launch on Nov 18, 2025 to Oct 2, 2026, with every distribution reinvested, NVIT returned +30.2% against \u22127.4% for (TM), so a holder was ahead of it by 37.6 points."
  },
  {
   "q": "How often does NVIT pay, and how much?",
   "a": "NVIT pays weekly. The latest distribution annualizes to 24.5% at its price on Oct 2, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the NVIT distribution return of capital?",
   "a": "YieldMax estimates 0% of the distribution paid Sep 30, 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 NVIT next pay a distribution?",
   "a": "NVIT pays weekly. The last distribution went ex on Sep 29, 2026 at $0.2444 a share. The issuer has set the next ex-date at Oct 6, 2026 but not the amount."
  },
  {
   "q": "What does NVIT cost?",
   "a": "The prospectus expense ratio is 1.27% a year."
  }
 ],
 "flows": {
  "as_of": "2026-10-02",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/nvit.json",
  "windows": [
   {
    "window": "1 day",
    "from": "2026-10-02",
    "to": "2026-10-02",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   },
   {
    "window": "1 week",
    "from": "2026-10-02",
    "to": "2026-10-02",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   },
   {
    "window": "1 month",
    "from": "2026-10-02",
    "to": "2026-10-02",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   },
   {
    "window": "3 months",
    "from": "2026-10-02",
    "to": "2026-10-02",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   },
   {
    "window": "Year to date",
    "from": "2026-10-02",
    "to": "2026-10-02",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   },
   {
    "window": "1 year",
    "from": "2026-10-02",
    "to": "2026-10-02",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   }
  ]
 },
 "generated": "2026-10-04",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms."
}