Yieldmax Universe Etf Profile

YMAX Etf   18.35  0.22  1.21%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
YieldMax Universe is trading at 18.35 as of the 23rd of November 2024; that is 1.21 percent up since the beginning of the trading day. The etf's open price was 18.13. YieldMax Universe has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for YieldMax Universe are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of August 2024 and ending today, the 23rd of November 2024. Click here to learn more.
YieldMax Universe is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on YieldMax Universe

Moving together with YieldMax Etf

  0.95VTI Vanguard Total StockPairCorr
  0.94SPY SPDR SP 500 Aggressive PushPairCorr
  0.94IVV iShares Core SPPairCorr
  0.81VIG Vanguard DividendPairCorr
  0.95VV Vanguard Large CapPairCorr
  0.9RSP Invesco SP 500PairCorr

Moving against YieldMax Etf

  0.88YCL ProShares Ultra YenPairCorr
  0.88ULE ProShares Ultra EuroPairCorr
  0.87FXY Invesco CurrencySharesPairCorr
  0.86VIIX VIIXPairCorr

YieldMax Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAsset Allocation ETFs, Strategy ETFs, Large Blend (View all Sectors)
IssuerElevate Shares
Inception Date2024-01-16
Entity TypeRegulated Investment Company
Asset Under Management405.21 Million
Asset TypeEquity
CategoryStrategy
FocusAsset Allocation
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorTidal ETF Services LLC
AdvisorTidal Investments LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMick Brokaw, Jay Pestrichelli, Qiao Duan, Charles Ragauss, Michael Venuto
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents28.0
Market MakerOld Mission
Total Expense1.28
Management Fee0.29
200 Day M A19.2587
Country NameUSA
50 Day M A17.6324
CodeYMAX
Updated At23rd of November 2024
NameYieldMax Universe Fund of Option Income ETFs
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01L0P7G12
TypeETF
YieldMax Universe [YMAX] is traded in USA and was established null. The fund is listed under Large Blend. The entity is thematically classified as Asset Allocation ETFs. YieldMax Universe at this time have in net assets.
Check YieldMax Universe Probability Of Bankruptcy

Top YieldMax Universe Etf Constituents

APLYTidal Trust IIEtfDerivative Income
NVDYTidal Trust IIEtfDerivative Income
DISOTidal Trust IIEtfDerivative Income
XOMOTidal Trust IIEtfDerivative Income
AMDYTidal Trust IIEtfDerivative Income
CONYYieldMax N OptionEtfDerivative Income
FBYTidal Trust IIEtfDerivative Income
GOOYTidal Trust IIEtfDerivative Income
More Details

YieldMax Universe Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in YieldMax Universe. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

YieldMax Universe Against Markets

When determining whether YieldMax Universe offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YieldMax Universe's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yieldmax Universe Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Yieldmax Universe Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YieldMax Universe. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of YieldMax Universe is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax Universe's value that differs from its market value or its book value, called intrinsic value, which is YieldMax Universe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because YieldMax Universe's market value can be influenced by many factors that don't directly affect YieldMax Universe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between YieldMax Universe's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax Universe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax Universe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.