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ETFs

YieldMax DIS Option Income Strategy ETF

DISO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 24 2023
Expense Ratio
0.99%
Type
US Equities
Fund Owner
Elevate Shares
Volume (1m avg. daily)
—
AUM
$3,965,780
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
UNITED STATES TREAS NTS 0.75% 12/31/2023
45.18%
n/a
UNITED STATES TREAS NTS 0.75% 11/15/2024
45.15%
n/a
WALT DIS CLL OPT 11/23 75
10.40%
n/a
Cash & Other
1.20%
n/a
DIS US 09/29/23 C84
-0.35%
n/a
DIS 11/17/2023 75.01 P
-1.61%
Invest with DISO

What is DISO?

The YieldMax DIS Option Income Strategy ETF (DISO) is an actively managed fund that seeks to generate monthly income by selling/writing call options on DIS. DISO pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of DIS.

ETFs related toDISO

ETFs correlated to DISO include FTXG, RING, SILJ

DISO
Tidal Trust II - YieldMax DIS Option Income Strategy ETF
FTXG
First Trust Exchange-Traded Fund III - First Trust Nasdaq Food & Beverage ETF
RING
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Gold Miners ETF
SILJ
ETF Managers Group LLC - ETFMG Prime Junior Silver Miners ETF
PSL
Invesco Capital Management LLC - Invesco Dorsey Wright Consumer Staples Momentum ETF
SIL
Global X Funds - Global X Silver Miners ETF
RSPS
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Staples ETF
FXG
First Trust Exchange-Traded Fund III - First Trust Consumer Staples AlphaDEX Fund
GDXJ
VanEck ETF Trust - VanEck Junior Gold Miners ETF
NUGT
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bull 2X Shares
JNUG
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bull 2X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

DISO is a US Equities ETF. The YieldMax DIS Option Income Strategy ETF (DISO) is an actively managed fund that seeks to generate monthly income by selling/writing call options on DIS. DISO pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of DIS.

Yes, DISO is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, DISO is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DISO is %. This is the percent change in the value of DISO over the most recent 1-month period. The 3-month return on DISO is %. This is the percent change in the value of DISO over the most recent 3-month period.

ETFs similar to DISO include XLI, XLY, and XLV.

ETFs correlated to DISO include FTXG, RING, and SILJ.

ETFs that are inversely correlated to DISO include JDST, FLTR, and GDXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.