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- Upturn Summary
- Fund Details
Upturn AI Summary
YieldMax™ S&P 500 0DTE Covered Call Strategy ETF(SDTY)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SDTY
11/06/2026: SDTY (1-star) is a SELL. SELL for 4 days. Simulated Profits (1.65%). Updated daily EoD!
SDTY is an actively managed ETF that targets high current income by utilizing a synthetic covered call strategy on the S&P 500 using 0DTE options. Its primary strength lies in its ability to generate significant monthly income in range-bound markets, though this comes at the cost of capped upside potential and exposure to significant downside market risk. It serves as an income-focused instrument rather than a core growth holding. Investors should be aware that the fund's complex derivative strategy and higher transaction costs require careful monitoring of market conditions and volatility levels. It is best suited for income-seeking investors who understand the risks associated with high-turnover derivative strategies.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The strategy is designed for income, and the upside cap on the S&P 500 limits capital appreciation. |
| Momentum investor | Mixed fit | This fund may be a fit if the momentum signal is neutral to slightly positive, as it does not participate in significant directional breakouts. |
| Value investor | Weak fit | The fund's focus is on option premiums rather than underlying equity valuation metrics. |
| Dividend/Income investor | Strong fit | It is specifically engineered to maximize monthly cash distributions for income-oriented portfolios. |
| Low-risk investor | Weak fit | Despite the income focus, the use of derivative strategies involves high complexity and significant downside market risk. |
Investor Profile
Ideal Investor Profile
Income-focused retail investors seeking high monthly distributions who are comfortable with the volatility and complexity of derivative-based strategies.
Suitability
Best suited for income investors looking to supplement their portfolio; not ideal for long-term capital appreciation or low-risk conservative portfolios.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The fund's income is tied to market volatility, which can lead to unpredictable returns. |
| Market risk | High | Investors are exposed to the full downside risk of the S&P 500 despite the income generation strategy. |
| Concentration | Medium | The strategy relies exclusively on the performance and volatility of the S&P 500 index. |
| Tracking/expense | Medium | Active daily trading results in higher transaction costs and operational complexities. |
| Liquidity | Medium | The complexity of 0DTE options can occasionally lead to wider spreads during periods of market stress. |
| Business/sector quality | Low | The fund focuses on broad index derivatives rather than the fundamental quality of individual companies. |
Risk Analysis
Volatility
The fund exhibits high sensitivity to S&P 500 volatility, which is both a source of return and a risk factor.
Market Risk
The fund remains fully exposed to the downside risk of the S&P 500 while sacrificing potential upside.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | S&P 500 Index (0DTE Call/Put Options) | 95 | This position provides synthetic exposure to the S&P 500 and the engine for income generation through daily option premiums. |
| Cash/collateral | Cash and Cash Equivalents | 5 | High liquidity reserves are held to support the collateral requirements of the derivative positions. |
Analysis of Past Performance
Type ETF | Historic Profit 19.22% | Avg. Invested days 77 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/06/2026 |
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