Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
YieldMax ARKK Option Income Strategy ETF (OARK)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
11/26/2025: OARK (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 20.13% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/26/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 5.58 - 9.14 | Updated Date 06/29/2025 |
52 Weeks Range 5.58 - 9.14 | Updated Date 06/29/2025 |
Upturn AI SWOT
Tidal Trust II - YieldMax Innovation Option Income Strategy ETF
ETF Overview
Overview
The YieldMax ARKK Option Income Strategy ETF (OARK) seeks to generate monthly income by investing in FLexible EXchange Options (FLEX Options) on the ARK Innovation ETF (ARKK). It aims to provide current income rather than capital appreciation. The ETF utilizes a synthetic covered call strategy.
Reputation and Reliability
YieldMax ETFs are relatively new and focused on income generation through options strategies. Their reputation is still developing.
Management Expertise
The management team has experience in options trading and income-generating strategies.
Investment Objective
Goal
Generate monthly income by selling covered call options on ARKK.
Investment Approach and Strategy
Strategy: OARK employs a synthetic covered call strategy, using FLEX options to generate income. It doesn't directly hold ARKK shares but aims to replicate the covered call payoff.
Composition The ETF's assets primarily consist of FLEX options on ARKK and cash or cash equivalents.
Market Position
Market Share: OARK holds a small market share within the covered call ETF category.
Total Net Assets (AUM): 169361360
Competitors
Key Competitors
- Global X NASDAQ 100 Covered Call ETF (QYLD)
- JPMorgan Equity Premium Income ETF (JEPI)
- Amplify CWP Enhanced Dividend Income ETF (DIVO)
Competitive Landscape
The covered call ETF market is competitive. OARK distinguishes itself by focusing on ARKK. Competitors like QYLD and JEPI have broader mandates. OARK's concentrated exposure to ARKK can lead to higher income potential but also greater volatility relative to other covered call ETFs with more diversified underlying assets.
Financial Performance
Historical Performance: Historical performance depends heavily on ARKK's price movements and option premium levels. Past performance is not indicative of future results.
Benchmark Comparison: No direct benchmark exists for OARK. Performance is best compared to ARKK's performance and other covered call ETFs.
Expense Ratio: 0.99
Liquidity
Average Trading Volume
OARK's average trading volume varies, but is adequate for most retail investors at ~180,000 shares.
Bid-Ask Spread
The bid-ask spread is typically reasonable and liquid, reflecting the current bid and ask price, often less than 0.1%.
Market Dynamics
Market Environment Factors
ARKK's performance, interest rates (affecting option premiums), and overall market volatility significantly impact OARK.
Growth Trajectory
OARK's growth depends on investor demand for income-generating strategies and its ability to consistently deliver attractive yields given ARKK volatility.
Moat and Competitive Advantages
Competitive Edge
OARK's main competitive advantage is its targeted exposure to ARKK, allowing investors to generate income on a high-growth, but volatile, investment. This is unique, catering to those comfortable with ARKK's risk profile and seeking income. However, its strategy is not a competitive advantage, but its specialization in ARK funds, is. Investors can customize covered call positions themselves, but OARK provides a packaged solution with daily portfolio adjustment and monitoring.
Risk Analysis
Volatility
OARK experiences high volatility due to its reliance on ARKK and option trading. The ETF's returns are linked to the options market and the underlying asset, so any change in ARKK could mean a decrease in income for OARK. This is high risk.
Market Risk
OARK is subject to market risk related to ARKK's holdings. A significant downturn in ARKK would likely lead to a decline in OARK's income and potentially its NAV.
Investor Profile
Ideal Investor Profile
Investors seeking high current income and are comfortable with the volatility associated with ARKK and options trading.
Market Risk
OARK is suitable for active traders and income-seeking investors with a high risk tolerance, not for long-term, passive investors.
Summary
OARK is a unique ETF that generates monthly income by selling covered call options on ARKK. It suits investors with high risk tolerance seeking current income. OARK's performance is closely linked to ARKK's volatility and option premium levels. The ETF's expense ratio is high but may be offset by the income generated, depending on market conditions. Investors should carefully consider the risks and potential rewards before investing.
Similar ETFs
Sources and Disclaimers
Data Sources:
- YieldMax ETFs Website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investing in ETFs involves risk, including the potential loss of principal.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Tidal Trust II - YieldMax Innovation Option Income Strategy ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will seek to employ its investment strategy as it relates to ARKK regardless of whether there are periods adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. In seeking to achieve its investment objective, the fund will implement a "synthetic covered call" strategy using the standardized exchange-traded and FLEX options. It is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.