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Upturn AI SWOT - About
YieldMax SMCI Option Income Strategy ETF (SMCY)
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Upturn Advisory Summary
08/14/2025: SMCY (1-star) is currently NOT-A-BUY. Pass it for now.
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 -57.67% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
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.) and using a synthetic covered call strategy. It aims to provide current income rather than capital appreciation.
Reputation and Reliability
YieldMax ETFs is a relatively new issuer focused on option income strategies. Their reputation is building, but they have a limited track record.
Management Expertise
The management team has experience in options trading and ETF management, focusing on generating income through covered call strategies.
Investment Objective
Goal
The primary investment goal of SMCY is to generate current income for investors.
Investment Approach and Strategy
Strategy: SMCY employs a synthetic covered call strategy on SMCI. It doesn't track a specific index but aims to replicate the returns of a covered call strategy.
Composition The ETF primarily holds options contracts related to SMCI and may hold a small allocation to cash or cash equivalents. It does not directly hold SMCI stock.
Market Position
Market Share: SMCY's market share is relatively small as it's a niche ETF focusing on a single stock's option income strategy.
Total Net Assets (AUM): 87449200
Competitors
Key Competitors
- CONY
- TSLY
- NVDY
Competitive Landscape
The covered call ETF market is competitive, with several funds focusing on different underlying assets. SMCY offers a unique focus on SMCI, which may appeal to investors bullish on that stock. However, this concentration also increases risk compared to diversified covered call ETFs. SMCY's success hinges on its ability to generate attractive income relative to its risk profile compared to peers.
Financial Performance
Historical Performance: Historical performance data is limited due to its recent inception. Past performance does not guarantee future results.
Benchmark Comparison: There is no direct benchmark index. Performance should be compared to a synthetic covered call strategy on SMCI.
Expense Ratio: 0.99
Liquidity
Average Trading Volume
The average trading volume is moderate and may vary depending on market conditions.
Bid-Ask Spread
The bid-ask spread can fluctuate but is generally manageable for a specialized ETF.
Market Dynamics
Market Environment Factors
The ETF's performance is heavily influenced by SMCI's stock price, option market volatility, and interest rates.
Growth Trajectory
Growth depends on the popularity of single-stock option income ETFs and SMCI's stock performance. No major changes in strategy or holdings are expected beyond adjustments to option positions.
Moat and Competitive Advantages
Competitive Edge
SMCY's competitive advantage lies in its specific focus on SMCI, appealing to investors who are optimistic about Super Micro Computer. This niche focus allows for potentially higher income generation if SMCI performs well. However, it also concentrates risk, as the ETF's performance is tightly linked to a single stock. The covered call strategy can provide downside protection, but significant declines in SMCI's price will still impact the ETF's value.
Risk Analysis
Volatility
SMCY's volatility is expected to be high due to its concentrated investment in SMCI and the use of options.
Market Risk
The primary market risk is the price fluctuation of SMCI stock. A significant drop in SMCI's price could negatively impact the ETF's performance.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking high current income and has a strong understanding of options strategies and SMCI. They should be comfortable with a high level of risk.
Market Risk
SMCY is best suited for active traders or investors with a short-term to medium-term horizon who are comfortable with higher risk and complexity.
Summary
The YieldMax SMCI Option Income Strategy ETF (SMCY) is a specialized ETF designed to generate income through a synthetic covered call strategy on Super Micro Computer, Inc. (SMCI). It offers a unique opportunity for investors seeking high income from a single stock. However, it comes with significant risks due to its concentration and the complexity of options trading. It is best suited for experienced investors with a high-risk tolerance and a strong understanding of SMCI and option strategies.
Peer Comparison
Sources and Disclaimers
Data Sources:
- YieldMax ETFs website
- SEC filings
- ETF.com
Disclaimers:
This analysis is for informational purposes only and does not constitute financial 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 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.