{
 "ticker": "YBIT",
 "name": "YieldMax(R) Bitcoin Option Income Strategy ETF",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/ybit",
 "html": "https://etfiq.com/funds/ybit",
 "markdown": "https://etfiq.com/funds/ybit.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, YBIT paid 31.3% in cash and finished 2.3 points ahead of IBIT.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "31.3%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YBIT, cash paid, 1 year, on its starting price: 31.3%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221228.7%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YBIT, total return, 1 year: \u221228.7%, as of Sep 18, 2026."
  },
  {
   "key": "against_ibit",
   "label": "Against IBIT",
   "value": "+2.3 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YBIT, against IBIT: +2.3 pts, as of Sep 18, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (YieldMax estimate)",
   "value": "0.0%",
   "source": "YieldMax estimate",
   "as_of": "2026-09-18",
   "sentence": "YBIT, return of capital, latest payout (YieldMax estimate): 0.0%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$61m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "YBIT, net assets: $61m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.02%",
   "source": "485BPOS XBRL, Feb 24, 2026",
   "as_of": "2026-09-18",
   "sentence": "YBIT, expense ratio: 1.02% (485BPOS XBRL, Feb 24, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Bitcoin (IBIT) (proxy)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$61m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "68.0%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.02%",
   "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": "76.1%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 23, 2024",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "0.0%",
   "source": "YieldMax 19a-1 estimate"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "13.3%",
   "Price": "+8.5%",
   "Total return": "+23.6%",
   "IBIT": "+29.2%",
   "Ahead or behind": "\u22125.7 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "23.1%",
   "Price": "\u221214.7%",
   "Total return": "+10.8%",
   "IBIT": "+15.7%",
   "Ahead or behind": "\u22124.9 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "31.3%",
   "Price": "\u221258.9%",
   "Total return": "\u221228.7%",
   "IBIT": "\u221231.1%",
   "Ahead or behind": "+2.3 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "74.2%",
   "Price": "\u221279.6%",
   "Total return": "\u221210.5%",
   "IBIT": "+21.4%",
   "Ahead or behind": "\u221231.9 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has YBIT paid over the last year?",
   "a": "Over the year to Sep 18, 2026, YBIT paid 31.3% of its starting price in cash distributions, while the price fell 58.9%."
  },
  {
   "q": "Is YBIT ahead of IBIT?",
   "a": "Over the year to Sep 18, 2026, with every distribution reinvested, YBIT returned \u221228.7% against \u221231.1% for Bitcoin (IBIT), so a holder was ahead of it by 2.3 points."
  },
  {
   "q": "How often does YBIT pay, and how much?",
   "a": "YBIT pays weekly. The latest distribution annualizes to 68.0% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the YBIT distribution return of capital?",
   "a": "YieldMax estimates 0% 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 YBIT cost?",
   "a": "The prospectus expense ratio is 1.02% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}