{
 "ticker": "YSPC",
 "name": "YieldMax(R) [SpaceX] Option Income Strategy ETF",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/yspc",
 "html": "https://etfiq.com/funds/yspc",
 "markdown": "https://etfiq.com/funds/yspc.md",
 "as_of": "2026-09-18",
 "verdict": "Since its launch on Jul 15, 2026, YSPC paid 10.9% in cash and finished 5.3 points ahead of SPY.",
 "key_facts": [
  {
   "key": "cash_paid_since_launch_on_its_starting_price",
   "label": "Cash paid, since launch, on its starting price",
   "value": "10.9%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YSPC, cash paid, since launch, on its starting price: 10.9%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+6.4%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YSPC, total return, since launch: +6.4%, as of Sep 18, 2026."
  },
  {
   "key": "against_spy",
   "label": "Against SPY",
   "value": "+5.3 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YSPC, against SPY: +5.3 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": "YSPC, return of capital, latest payout (YieldMax estimate): 0.0%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$32m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "YSPC, net assets: $32m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.01%",
   "source": "485BPOS XBRL, Jul 10, 2026",
   "as_of": "2026-09-18",
   "sentence": "YSPC, expense ratio: 1.01% (485BPOS XBRL, Jul 10, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "S&P 500 (SPY), used as the proxy (proxy)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$32m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "63.0%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.01%",
   "source": "485BPOS XBRL, Jul 10, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "11.6%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jul 15, 2026",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "0.0%",
   "source": "YieldMax 19a-1 estimate"
  }
 ],
 "periods": [
  {
   "window": "Since launch",
   "Cash paid": "10.9%",
   "Price": "\u22125.3%",
   "Total return": "+6.4%",
   "SPY": "+1.2%",
   "Ahead or behind": "+5.3 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has YSPC paid over the last year?",
   "a": "Over the period from its launch on Jul 15, 2026 to Sep 18, 2026, YSPC paid 10.9% of its starting price in cash distributions, while the price fell 5.3%."
  },
  {
   "q": "Is YSPC ahead of SPY?",
   "a": "Over the period from its launch on Jul 15, 2026 to Sep 18, 2026, with every distribution reinvested, YSPC returned +6.4% against +1.2% for S&P 500 (SPY), used as the proxy, so a holder was ahead of it by 5.3 points."
  },
  {
   "q": "How often does YSPC pay, and how much?",
   "a": "YSPC pays weekly. The latest distribution annualizes to 63.0% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the YSPC 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 YSPC cost?",
   "a": "The prospectus expense ratio is 1.01% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}