Ranked by net assets, as of . Rebuilt every trading night.
The largest synthetic covered call ETFs
Cash paid and total return are different questions. A fund can lead the first column and trail the last one, and several here do.
| # | Ticker | Fund | Net assets | Cash paid, 1Y | Total return, 1Y | Against its benchmark | Pays |
|---|---|---|---|---|---|---|---|
| 1 | NVDY | YieldMax(R) NVDA Option Income Strategy | $1.4bn | 41.9% | +23.3% | −0.2 pts | weekly |
| 2 | MSTY | YieldMax(R) MSTR Option Income Strategy | $1.3bn | 35.1% | −54.4% | +5.5 pts | weekly |
| 3 | ULTY | YieldMax(R) Ultra Option Income Strategy | $855m | 46.9% | −5.8% | −23.3 pts | weekly |
| 4 | TSLY | YieldMax(R) TSLA Option Income Strategy | $837m | 53.2% | +3.9% | +4.8 pts | weekly |
| 5 | CHPY | YieldMax(R) Semiconductor Portfolio Opti | $623m | 50.1% | +89.5% | +1.9 pts | weekly |
| 6 | CONY | YieldMax(R) COIN Option Income Strategy | $397m | 40.0% | −41.0% | +4.9 pts | weekly |
| 7 | YMAX | YieldMax(R) Universe Fund of Option Inco | $390m | 39.0% | −0.6% | −18.1 pts | weekly |
| 8 | PLTY | YieldMax(R) PLTR Option Income Strategy | $348m | 47.5% | +7.3% | +5.5 pts | weekly |
| 9 | YMAG | YieldMax(R) Magnificent 7 Fund of Option | $316m | 36.7% | +11.5% | −2.9 pts | weekly |
| 10 | GDXY | YieldMax(R) Gold Miners Option Income St | $283m | 49.0% | +18.2% | −22.0 pts | weekly |
| 11 | GOOY | YieldMax(R) GOOGL Option Income Strategy | $268m | 44.8% | +32.7% | −8.5 pts | weekly |
| 12 | AMZY | YieldMax(R) AMZN Option Income Strategy | $250m | 35.9% | +7.7% | −4.0 pts | weekly |
| 13 | AMDY | YieldMax(R) AMD Option Income Strategy E | $235m | 93.7% | +164.9% | −66.7 pts | weekly |
| 14 | LFGY | YieldMax(R) Crypto Industry & Tech Portf | $125m | 42.8% | +1.9% | −14.5 pts | weekly |
| 15 | APLY | YieldMax(R) AAPL Option Income Strategy | $109m | 32.4% | +26.4% | −18.6 pts | weekly |
Method
A synthetic fund holds Treasuries and options rather than the shares themselves, so it takes the option premium without owning what it writes on. ETFIQ measures 95 of them, of which 91 publish net assets. Across the funds listed here the cash paid over the last year runs from 32.4% to 93.7%. Size is not a measure of anything a fund did. It is where the money is. The ranking is the published field sorted, nothing else: no scoring, no weighting and no view on any fund. Every fund ETFIQ covers in this category is eligible, including funds that have closed, because leaving them out would flatter the category.
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Where these figures came from
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A ranking is not a recommendation and no order on this site is an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources
Cite this page. ETFIQ, The largest synthetic covered call ETFs, ranked by net assets, data as of Sep 11, 2026. https://etfiq.com/rankings/income-largest-synthetic-covered-call Free to use with attribution; the underlying files are at Open data.