YieldMax CVNA Option Income Strategy ETF (CVNY) Price, Holdings, & News

ETF Overview

The YieldMax CVNA Option Income Strategy ETF (CVNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Carvana stock (CVNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. CVNY was launched on Jan 29, 2025 and is issued by YieldMax.

Key Stats

• Today's Range: $32.62 to $34.59
• 50-Day Range: $27.34 to $56.95
• 52-Week Range: $24.83 to $58.17
• Volume: 21,175 shs
• Average Volume: 55,662 shs
• Market Capitalization: $5.19 million
• Assets Under Management: $35.25 million
• Dividend Yield: 11.04%
• Net Expense Ratio: 0.99%
• Aggregate Rating: N/A

CVNY ETF - Frequently Asked Questions

How have CVNY shares performed this year?

YieldMax CVNA Option Income Strategy ETF's stock was trading at $50.59 at the start of the year. Since then, CVNY shares have decreased by 31.6% and is now trading at $34.59.
View the best growth stocks for 2025 here.

How do I buy shares of YieldMax CVNA Option Income Strategy ETF?

Shares of CVNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: Elevate Shares
• Fund Name: YieldMax CVNA Option Income Strategy ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:CVNY
• Inception Date: 1/29/2025
• Fund Manager: Jay Pestrichelli, Qiao Duan, Christopher Mullen
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Single Stock
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 11

Fund Statistics

• Assets Under Management: $35.25 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.07%

Administrator, Advisor and Custodian

• Administrator: Tidal ETF Services LLC
• Advisor: Tidal Investments LLC
• Custodian: U.S. Bank, N.A.
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: U.S. Bancorp Fund Services, LLC
• Trustee: N/A
• Lead Market Maker: Citadel

Miscellaneous

• Outstanding Shares: 150,000
• Beta: N/A
• Creation Fee: $300.00