YBMN Defiance BMNR Option Income ETF

Closed on Aug 20, 2026. It was liquidated. These are its last figures, as of the last day it traded. It is not in ETFIQ’s rankings, scores or comparisons.

Option income on BMNR, paying weeklyDefiance0.85% feePaid weeklyFirst traded Nov 25, 2025Fund page at the issuer ↗SEC filings ↗
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Since it first traded on Nov 25, 2025, YBMN paid 29.0% in cash and finished 6.0 points ahead of BMNR.

29.0%
Cash paid, since launch, on its starting price
−19.4%
Total return, since launch
+6.0 pts
Against BMNR
54.3%
Last payout, annualized
Where the return came from
Price change −12.4%Cash paid +10.3%, reinvested−10.6 pts vs BMNR

Over the 3 months to Aug 20, 2026, YBMN returned −0.6% with distributions reinvested and Bitmine (BMNR) returned +10.0%, so a holder came out behind it by 10.6 points. The lighter segment is the 10.3% that arrived as cash rather than as price.

0.0%

Price change −17.4%Cash paid +23.4%, reinvested−1.1 pts vs BMNR

Over the 6 months to Aug 20, 2026, YBMN returned +7.0% with distributions reinvested and Bitmine (BMNR) returned +8.1%, so a holder came out behind it by 1.1 points. The lighter segment is the 23.4% that arrived as cash rather than as price.

0.0%

Price change −46.2%Cash paid +29.0%, reinvested+6.0 pts vs BMNR

From launch to Aug 20, 2026, YBMN returned −19.4% with distributions reinvested and Bitmine (BMNR) returned −25.4%, so a holder came out ahead of it by 6.0 points. The lighter segment is the 29.0% that arrived as cash rather than as price.

0.0%

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WindowCash paidPriceTotal returnBMNRAhead or behind
3M 10.3%−12.4%−0.6%+10.0%−10.6 pts
6M 23.4%−17.4%+7.0%+8.1%−1.1 pts
Since launch 29.0%−46.2%−19.4%−25.4%+6.0 pts

Source: ETFIQ.

In plain words

Strategyoption income
BenchmarkBitmine (BMNR)
How the benchmark is set (ETFIQ)Its prospectus names BMNR as the company its options are written on (prospectus, Form 497, accession 0000894189-25-013791, filed 2025-11-17).
Paidweekly
Last payout, annualized (ETFIQ)54.3%
Expense ratio (485BPOS XBRL, Nov 10, 2025)0.85%
Cash paid, its last 12 months, over its last price (ETFIQ)54.0%
First tradedNov 25, 2025
How this is computed
Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask about YBMN

How much did YBMN pay over its life?
Over the period from its first trade on Nov 25, 2025 to Aug 20, 2026, YBMN paid 29.0% of its starting price in cash distributions, while the price fell 46.2%.
Did YBMN finish ahead of BMNR?
Over the period from its first trade on Nov 25, 2025 to Aug 20, 2026, with every distribution reinvested, YBMN returned −19.4% against −25.4% for Bitmine (BMNR), so a holder was ahead of it by 6.0 points.
How often did YBMN pay, and how much?
YBMN paid weekly. Its last distribution annualized to 54.3% at its last price, on Aug 20, 2026.
What did YBMN cost?
The prospectus expense ratio is 0.85% a year.
Sources and dates
Prices, YBMN and BMNRTiingo end-of-day · Aug 20, 2026
Fee, 0.85%Prospectus filing with the expense ratio (SEC) ↗
All fund filingsFund filings on SEC EDGAR ↗
IssuerDefiance page for YBMN ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, YBMN, income ETFs, data as of Aug 20, 2026. https://etfiq.com/funds/ybmn

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Total return
Price change plus every distribution reinvested on the day it went ex-dividend. This is what you actually ended up with, and the only fair basis for comparing with an index.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
Total return minus benchmark total return, in percentage points. A fund can pay 12% a year and still be behind by 10 points if its price fell while the index rose.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
The fund owns the stocks and sells call options on them, collecting premium and giving up gains above the strike. Synthetic covered call funds hold options instead of the stocks. 0DTE funds sell options that expire the same day.
Autocallable
A fund that pays a coupon and can be called away early, on dates set when it launched. If it is called, you get your money back with the coupon and the run ends. If it is not, it runs on to the next date.
Barrier
The level the underlying has to stay above for you to be repaid in full. A barrier is not a buffer. A buffer takes the first slice of a fall for you; a barrier takes none of it once it breaks, so below it you take the whole fall rather than only the part past it.
Every term used here, defined in full on the income ETFs vocabulary page. →
What option-income ETFs paid and made, August 2026→ETF News, Aug 20, 2026→