WNTR — YieldMax MSTR Short Option Income Strategy ETF
Data updated: 2026-10-09
WNTR — YieldMax MSTR Short Option Income Strategy ETF. 1.00% expense ratio · since 2025 · US Large Value. Holdings, fees, performance and SEC filings.
WNTR Fund Overview
WNTR — YieldMax MSTR Short Option Income Strategy ETF is a US ETF managed by Tidal Trust II, categorised as US Large Value. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Tidal Trust II
- Category: US Large Value
- Assets under management: $83.87M
- 1-year return: 113.8%
- Ticker: WNTR
- SEC CIK: 0001924868
- SEC series ID: S000090794
- Share class ID: C000258136
About WNTR
YieldMax MSTR Short Option Income Strategy ETF (WNTR) seeks current income. It is an actively managed ETF that uses a synthetic covered put options strategy to generate options premiums and provide indirect inverse exposure to the share price returns of MicroStrategy Incorporated d/b/a Strategy (MSTR), with potential gains limited if MSTR's share price declines significantly. WNTR costs 1.00% a year and returned 113.8% in the 12 months to July 31, 2026, based on monthly returns reported to the SEC on Form N-PORT, with 60.9% volatility.
WNTR Holdings
Top 6 holdings of YieldMax MSTR Short Option Income Strategy ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 17.55% |
| Treasury Bill | 14.91% |
| Treasury Bill | 11.56% |
| Treasury Bill | 8.86% |
| Treasury Bill | 7.92% |
| First American Government Obli | 7.39% |
WNTR Portfolio Allocation
Asset-class allocation of YieldMax MSTR Short Option Income Strategy ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 60.8% |
| Cash & Equivalents | 7.4% |
| Derivatives | 1.1% |
WNTR Performance
Total returns for WNTR (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.77% |
| 1 year | 113.79% |
WNTR Risk Information
Risk metrics for WNTR, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 60.92%
WNTR Costs and Fees
WNTR costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.00%
- Portfolio turnover: 0%
- Brokerage commissions: 41.02 bps of average net assets (SEC N-CEN)
WNTR Cashflows
Over the 12 months to 2026-07, YieldMax MSTR Short Option Income Strategy ETF had net inflows of $75.88M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | $12.93M |
| 2026-06 | −$8.11M |
| 2026-05 | −$1.62M |
| 2026-04 | $7.87M |
| 2026-03 | $8.09M |
| 2026-02 | $7.32M |
WNTR Debt Constituents
Largest debt holdings of YieldMax MSTR Short Option Income Strategy ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 17.55% |
| Treasury Bill | 14.91% |
| Treasury Bill | 11.56% |
| Treasury Bill | 8.86% |
| Treasury Bill | 7.92% |
WNTR Prospectus and SEC Filings
Official YieldMax MSTR Short Option Income Strategy ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other US Large Value funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.