YieldMax ETFsDerivative IncomeDRAY · NYSE Arca

YieldMax DKNG Option Income Strategy ETF (DRAY)

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Price: $11.83; —30 Oct 2026
Assets: $2.5M; Total net assets
Expense ratio: 1.03%; Category 0.88%
Yield: 42.41%; Trailing distributions

1Y return: -32.2%-35.8%; Category 3.7%
3Y CAGR: —; Category 17.2%
5Y CAGR: —; Category 8.8%

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YieldMax DKNG Option Income Strategy ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+9.8%	-8.7%	-9.3%	-38.9%	-32.2%	—	—	—	-42.1%
Derivative Income average	-3.7%	1.5%	1.2%	4.5%	3.7%	17.2%	8.8%	8.4%	3.6%
Difference	+13.4%	-10.2%	-10.5%	-43.3%	-35.8%	—	—	—	-45.7%

Holdings

The 1 largest positions make up 28.2% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	28.22%

Credit quality

Share of the bonds by rating.

US government86.1%

Asset mix

Bonds74.3%
Cash48.3%
Other16.2%

ETF details

Issuer: YieldMax ETFs
Category: Equity · Derivative Income
Ticker: DRAY
Exchange: NYSE Arca
Inception: 14 Jul 2025 (1.3 years)
Structure: Exchange Traded Fund
Expense ratio: 1.03% (category 0.88%)
Holdings turnover: 0% (category 68%)
Distribution yield: 42.41%
Beta, 3 years: 0.00
Total net assets: $2.5M
Average maturity: 9.86 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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