Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
RDTY
Upturn stock ratingUpturn stock rating

YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY)

Upturn stock ratingUpturn stock rating
$46.13
Last Close (24-hour delay)
Profit since last BUY8.72%
upturn advisory
Consider higher Upturn Star rating
BUY since 39 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

07/17/2025: RDTY (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 8.72%
Avg. Invested days 39
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/17/2025

Key Highlights

Volume (30-day avg) -
Beta -
52 Weeks Range 36.12 - 46.33
Updated Date 06/6/2025
52 Weeks Range 36.12 - 46.33
Updated Date 06/6/2025

ai summary icon Upturn AI SWOT

YieldMax™ R2000 0DTE Covered Call Strategy ETF

ETF Overview

overview logo Overview

The YieldMaxu2122 R2000 0DTE Covered Call Strategy ETF (RSPP) aims to generate income by investing in R2000 (Russell 2000 Index) options and employing a 0DTE (zero days to expiration) covered call strategy on the index. It provides exposure to small-cap stocks while generating income through options premiums.

reliability logo Reputation and Reliability

YieldMax ETFs is a relatively new issuer focusing on income-generating strategies, including covered calls and options-based products.

reliability logo Management Expertise

The management team comprises individuals with expertise in options trading and ETF management, focusing on delivering high income.

Investment Objective

overview logo Goal

The ETF seeks current income while providing exposure to the Russell 2000 index.

Investment Approach and Strategy

Strategy: Employs a 0DTE covered call strategy on the Russell 2000 index. The strategy involves buying or owning securities equivalent to the R2000 and selling corresponding call options, expiring on the same day, to generate income.

Composition Primarily holds options contracts on the Russell 2000 index, as well as potentially holding some underlying R2000 constituents or other assets.

Market Position

Market Share: Difficult to directly assess market share due to its unique strategy and relatively new presence. It carves a niche in the covered call space.

Total Net Assets (AUM): 19773231

Competitors

overview logo Key Competitors

  • Defiance R2000 Enhanced Option Income ETF (IWMY)
  • Global X Russell 2000 Covered Call ETF (RYLD)

Competitive Landscape

The competitive landscape consists of other covered call ETFs, particularly those focusing on the Russell 2000. RSPP distinguishes itself by using a 0DTE strategy, potentially offering higher income but also higher risk and volatility. Competitors like RYLD employ a more traditional covered call approach.

Financial Performance

Historical Performance: Historical performance data is limited due to the ETF's recent inception. Past performance is not indicative of future results.

Benchmark Comparison: Comparisons should be made against the Russell 2000 index and other covered call ETFs, noting the differences in strategy.

Expense Ratio: 0.99

Liquidity

Average Trading Volume

The ETF's trading volume is moderate, which can affect the ease of buying and selling shares.

Bid-Ask Spread

The bid-ask spread fluctuates based on market conditions and demand, impacting the cost of trading.

Market Dynamics

Market Environment Factors

Performance is heavily influenced by the volatility of the Russell 2000 index and the effectiveness of the 0DTE covered call strategy.

Growth Trajectory

Growth depends on investor demand for high-income products and the ETF's ability to consistently generate attractive returns compared to its peers.

Moat and Competitive Advantages

Competitive Edge

The ETF's unique 0DTE covered call strategy differentiates it from traditional covered call ETFs. This approach aims to capitalize on intraday market movements to generate higher income. However, it also introduces higher complexity and risk. The daily expiration of options requires active management and precise execution. The focus on daily options differentiates it from monthly covered call strategies.

Risk Analysis

Volatility

Due to the 0DTE strategy, the ETF experiences high volatility. Returns can fluctuate significantly, making it a high-risk investment.

Market Risk

The ETF is exposed to market risk related to the Russell 2000 index, which can be affected by economic conditions and investor sentiment towards small-cap stocks.

Investor Profile

Ideal Investor Profile

Suitable for sophisticated investors seeking high current income and comfortable with high risk and volatility.

Market Risk

Best suited for active traders or investors with a short-term focus due to the ETF's high turnover and daily options strategy.

Summary

The YieldMaxu2122 R2000 0DTE Covered Call Strategy ETF (RSPP) is a high-risk, high-reward investment vehicle designed to generate income through a 0DTE covered call strategy on the Russell 2000 index. Its unique approach differentiates it from traditional covered call ETFs, potentially offering higher yields but also increased volatility. It is best suited for sophisticated investors who are comfortable with active trading and complex options strategies. Due to its high expense ratio and daily strategy, it's important to understand the intricacies before investing.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • YieldMax ETFs Website
  • ETF.com
  • Bloomberg

Disclaimers:

This analysis is based on available information and should not be considered financial advice. Investing in ETFs involves risk, including the potential loss of principal.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About YieldMax™ R2000 0DTE Covered Call Strategy ETF

Exchange NASDAQ
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund seeks to achieve its investment objective by employing a synthetic covered call strategy, designed to generate current income on a weekly basis while also providing exposure to the price return of the Russell 2000 Index. In executing this strategy, the manager will utilize call options that reference the index or on passively managed ETFs that seek to track the index"s performance. The fund is non-diversified.