Tidal Trust II Defiance R2000 Enhanced Options Income ETFTidal Trust II Defiance R2000 Enhanced Options Income ETFTidal Trust II Defiance R2000 Enhanced Options Income ETF

Tidal Trust II Defiance R2000 Enhanced Options Income ETF

No trades
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Key stats

Assets under management (AUM)
‪163.07 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
92.35%
Discount/Premium to NAV
0.2%

About Tidal Trust II Defiance R2000 Enhanced Options Income ETF

Issuer
Defiance ETFs LLC
Brand
Defiance
Expense ratio
0.99%
Inception date
Oct 31, 2023
Index tracked
No Underlying Index
Management style
Active
IWMY is actively managed to seek potential daily income on the price, and monthly distributions by utilizing options strategies. The fund implements two strategies: The first seeks to provide daily income by selling put options either at-the-money or up to 5% in-the-money, expiring the next trading day. The option positions become profitable if the Russell 2000 Index increases in value. The second strategy involves selling in-the-money put options to attempt a minimum daily income of 0.25% to seek monthly distributions. If this is determined to not be achievable, the fund will sell options that are priced at the current market value to maximize income. Even during periods of adverse market conditions, the fund will not seek defensive positions and it will not directly or fully participate in the gains of the index. The funds risk and return potential will fluctuate daily. A significant portion of the portfolio will be held in short-term US Treasury securities, which will serve as collateral for the short put option positions.

Classification

Asset Class
Equity
Category
Size and style
Focus
Small cap
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy