YieldMax ShortInverse EquityFIAT · NYSE Arca

YieldMax Short COIN Option Income Strategy ETF (FIAT)

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Price: $14.94; —25 Sept 2026
Assets: —; Total net assets
Expense ratio: 1.05%; Category 0.88%
Yield: —; Trailing distributions

1Y return: 9.6%+43.3%; Category -33.7%
3Y CAGR: —; Category -35.2%
5Y CAGR: —; Category -25.5%

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YieldMax Short COIN 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	-7.9%	-23.3%	-22.9%	-8.0%	+9.6%	—	—	—	-27.4%
Inverse Equity average	-6.2%	-18.5%	-38.9%	-34.5%	-33.7%	-35.2%	-25.5%	-29.7%	-41.9%
Difference	-1.6%	-4.8%	+16.0%	+26.5%	+43.3%	—	—	—	+14.5%

Holdings

The 1 largest positions make up 19.2% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	19.25%

Credit quality

Share of the bonds by rating.

US government64.5%

Asset mix

Cash84.0%
Other40.2%
Bonds1.0%

ETF details

Issuer: YieldMax Short
Category: Equity · Inverse Equity
Ticker: FIAT
Exchange: NYSE Arca
Inception: 11 Jul 2024 (2.2 years)
Structure: Exchange Traded Fund
Expense ratio: 1.05% (category 0.88%)
Holdings turnover: 42% (category 68%)
Distribution yield: —
Total net assets: —
Average duration: 2.38 years

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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