ETF Evaluator:
YieldMax® Strat Mtls & MngPtfOptIncETF ()
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(as of Aug 26)
Best Performing in Equity Precious Metals Over the Last Year
| 80.1% | Themes Silver Miners ETF (AGMI) |
| 73.5% | iShares MSCI Global Silver&Mtls Mnrs ETF (SLVP) |
| 69.2% | Amplify Junior Silver Miners ETF (SILJ) |
| 68.1% | Sprott Junior Gold Miners ETF (SGDJ) |
| 65.4% | Sprott Silver Mnrs & Physical Silver ETF (SLVR) |
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Risk
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ETF Details
YieldMax® Strat Mtls & MngPtfOptIncETF Overview
YieldMax® Strat Mtls & MngPtfOptIncETF (MINY) is an actively managed Sector Equity Equity Precious Metals exchange-traded fund (ETF). YieldMax ETFs launched the ETF in 2026.
The investment seeks current income, the secondary investment objective is to seek capital appreciation.
The fund is an actively managed ETF that seeks defined income and capital appreciation. Its strategy involves constructing a portfolio of U.S.-listed equity securities of Strategic Metals & Mining Companies and generating income through an options portfolio, which involve using options contracts on underlying securities and/or Strategic Metals & Mining ETFs. The adviser will maintain a minor allocation to cash, money market funds or U.S. Treasuries, not exceeding ten percent of its total assets. It is non-diversified.
About YieldMax® Strat Mtls & MngPtfOptIncETF (MINY)
There are 2 members of the management team with an average tenure of 0.42 years: Scott Snyder (2026) and Quinn Berry (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
YieldMax® Strat Mtls & MngPtfOptIncETF has 82 securities in its portfolio. The top 10 holdings constitute 48.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
YieldMax® Strat Mtls & MngPtfOptIncETF is part of the Equity global asset class and is within the Sector Equity ETF group. YieldMax® Strat Mtls & MngPtfOptIncETF has 39.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 58.0% There is 39.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). YieldMax® Strat Mtls & MngPtfOptIncETF has 2.2% of the portfolio in cash.
Assets Under Management
The fund has $4 million in total assets, which is below the $2 billion average for the Equity Precious Metals category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
MINY Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The YieldMax® Strat Mtls & MngPtfOptIncETF expense ratio is high compared to funds in the Equity Precious Metals category. YieldMax® Strat Mtls & MngPtfOptIncETF has an expense ratio of 1.01%, which is 62% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. YieldMax® Strat Mtls & MngPtfOptIncETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 55% for the Equity Precious Metals category.
Recently, in the month of July 2026, YieldMax® Strat Mtls & MngPtfOptIncETF returned -4.5%, which earned it a grade of D, as the Equity Precious Metals category had an average return of -2.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
YieldMax® Strat Mtls & MngPtfOptIncETF has a trailing yield of 0.00%, which is below the 2.66% category average.
The fund normally distributes its income weekly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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MINY Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MINY Return (NAV) | -4.5% | -15.6% | na | na | na | na |
| MINY Return (Price) | -4.9% | -15.9% | na | na | na | na |
| NAV +/- Price Return | 0.437% | 0.269% | na | na | na | na |
| Equity Precious Metals Avg | -2.6% | -16.1% | 57.4% | 38.2% | 16.4% | 8.2% |
| MINY Grade (NAV) | D | B | na | na | na | na |
| +/- Category (NAV) | -1.9% | 0.5% | na | na | na | na |
| MINY Tax-Cost Ratio | na | na | na | na | na | na |
MINY Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MINY Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| MINY Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Equity Precious Metals Avg | -13.0% | 169.5% | 15.1% | 4.9% | -15.7% | -15.1% | 33.4% | 43.1% | -17.3% | 6.2% | 77.4% |
| MINY Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 4 Mil |
| Share Class Assets: | $ 4 Mil |
| Turnover: | na |
| Expense Ratio: | 1.01% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Weekly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.4 years | |||
| Average Tenure: 0.4 years | |||
| Managers (Year): Snyder Scott (2026), Berry Quinn (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 82 |
| % in Top 10 Holdings: | 48.3% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 39.4% |
Portfolio Allocation |
|
| Domestic Stock: | 58.0% |
| Foreign Stock: | 39.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.4% |
| Cash: | 2.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | YieldMax ETFs |
| Phone Number: | 866-864-3968 |
| Website: | |
| Inception Date: | February 27, 2026 |
Expenses and Fees
| Expense Ratio (%): | 1.01% (Rating: High) |
| Category Average Expense Ratio (%): | 0.62% |
