Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
YieldMax SMCI Option Income Strategy ETF (SMCY)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/24/2025: SMCY (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star 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 -61.1% | Avg. Invested days 29 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 11.27 - 28.78 | Updated Date 05/9/2025 |
52 Weeks Range 11.27 - 28.78 | Updated Date 05/9/2025 |
Upturn AI SWOT
YieldMax SMCI Option Income Strategy ETF
ETF Overview
Overview
The YieldMax SMCI Option Income Strategy ETF (SMCY) is designed to generate income by investing in SMCI (Super Micro Computer, Inc.) while employing a synthetic covered call strategy. It aims to provide monthly income while limiting upside participation in SMCI.
Reputation and Reliability
YieldMax ETFs are relatively new but focus on option income strategies, their reputation is still developing.
Management Expertise
The management team specializes in structured finance and derivatives.
Investment Objective
Goal
To provide current income and managed exposure to the price returns of Super Micro Computer, Inc. (SMCI).
Investment Approach and Strategy
Strategy: Employs a synthetic covered call strategy, buying SMCI shares and selling call options on those shares to generate income.
Composition Primarily composed of SMCI shares and options contracts on SMCI.
Market Position
Market Share: Data unavailable to determine exact market share within its specific niche.
Total Net Assets (AUM): 145200000
Competitors
Key Competitors
- JEPQ
- QYLD
- XYLD
Competitive Landscape
The ETF industry is highly competitive, with numerous income-focused ETFs. SMCY offers a concentrated approach focused solely on SMCI, which provides high income potential, but also increases risk. Competing ETFs offer broader diversification and potentially lower volatility, though generally with lower yields.
Financial Performance
Historical Performance: Data is limited due to the ETF's recent inception, historical performance data unavailable.
Benchmark Comparison: Benchmark data is unavailable due to the ETF's unique strategy.
Expense Ratio: 0.99
Liquidity
Average Trading Volume
The ETF exhibits moderate liquidity, indicated by its average daily trading volume.
Bid-Ask Spread
The bid-ask spread fluctuates based on market conditions but is generally reasonable for an ETF of its type.
Market Dynamics
Market Environment Factors
SMCI's performance, interest rates, volatility in the tech sector, and overall market sentiment influence the ETF. Strong SMCI growth can lead to capital appreciation, but high volatility impacts option premiums.
Growth Trajectory
Growth depends on SMCI's stock performance and the effectiveness of the option strategy. Changes to the option strategy could affect income generation.
Moat and Competitive Advantages
Competitive Edge
SMCY's competitive advantage lies in its targeted approach to generating high income from a specific high-growth stock, SMCI, through covered call strategies. This focused approach offers potentially higher income compared to broader market ETFs, but with elevated single-stock risk. The ETF is suitable for investors seeking high income from a volatile tech stock and believe in the continued strength of SMCI. This strategy differentiates it from more diversified covered call ETFs.
Risk Analysis
Volatility
The ETF experiences high volatility due to its concentrated exposure to SMCI and the use of options strategies.
Market Risk
Specific risks include SMCI's stock performance, changes in interest rates, and the potential for significant losses if SMCI's stock price declines substantially.
Investor Profile
Ideal Investor Profile
Suitable for investors seeking high current income and willing to accept a higher level of risk associated with a single stock and option strategies.
Market Risk
More suitable for active traders or income-focused investors with a shorter time horizon and a higher risk tolerance, rather than long-term investors.
Summary
The YieldMax SMCI Option Income Strategy ETF (SMCY) provides high current income through a synthetic covered call strategy on Super Micro Computer, Inc. (SMCI). This concentrated approach offers potential for significant income but entails higher risk due to single-stock exposure and options trading. SMCY is best suited for investors who are comfortable with high volatility, understand options strategies, and have a bullish outlook on SMCI. Its performance is heavily dependent on the underlying stock's movement and options market conditions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- YieldMax ETFs Website
- ETF.com
- Seeking Alpha
Disclaimers:
The data provided is for informational purposes only and does not constitute investment advice. Investment decisions should be based on individual risk tolerance and financial circumstances.
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 YieldMax SMCI Option Income Strategy ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally uses a synthetic covered call strategy to provide income and indirect exposure to the share price returns of SMCI, which is generally subject to a limit on potential investment gains as a result of the nature of the options strategy it employs. The fund 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.