ULTY Dividend Calculator 2026
Calculate your potential income from YieldMax Ultra Option Income Strategy ETF (ULTY). See monthly and annual dividend projections.
Calculate ULTY Income
Table of Contents
How to Calculate ULTY Dividend Income
Follow these steps to estimate your ULTY dividend income:
- Enter investment amount - How much you want to invest in ULTY.
- Verify the share price - The calculator uses current price of $32.73.
- Check the yield - ULTY currently yields 24.4% annually.
- View your projected income - See annual, monthly, and quarterly estimates.
About YieldMax Ultra Option Income Strategy ETF (ULTY)
ULTY is YieldMax's multi-asset ultra-high-yield ETF that generates weekly income by running options strategies across a basket of the most volatile stocks in the market, including TSLA, NVDA, COIN, and AMD. The fund's weekly distribution schedule is unique among income ETFs and can produce annualized yields exceeding 50%, though distributions vary significantly based on market volatility levels. ULTY uses a fund-of-funds structure that allocates across multiple YieldMax single-stock ETFs, providing diversified options income. This is an aggressive income vehicle suited for investors who understand that high current yield comes with substantial NAV risk and capital return of distributions.
ULTY Key Facts
- Dividend Yield: 24.4% annually
- Payment Frequency: Weekly
- Sector: ETF
- Expense Ratio: 0.99%
Why Invest in ULTY for Dividends?
YieldMax Ultra Option Income Strategy ETF (ULTY) is a fund-of-funds that holds a portfolio of YieldMax single-stock covered call ETFs, providing diversified exposure to the options income strategy across multiple high-volatility stocks including Tesla, NVIDIA, Amazon, Coinbase, and MicroStrategy. By combining multiple single-stock option income ETFs, ULTY aims to reduce the single-stock concentration risk inherent in individual YieldMax funds while maintaining extremely high yield. The fund offers investors a convenient way to access the entire YieldMax suite in a single ticker. However, ULTY inherits all the structural challenges of covered call strategies, including NAV erosion and capped upside, amplified across its constituent funds.
ULTY Dividend Track Record
ULTY's monthly distributions are among the highest in the ETF universe, often exceeding 3-5% of NAV per month, reflecting the combined options premiums from its underlying YieldMax funds. The distributions are highly variable because they depend on volatility levels across multiple stocks simultaneously. A significant portion of ULTY's distributions may be classified as return of capital rather than investment income. Like its constituent funds, ULTY's NAV has experienced decline since launch as cumulative distributions have exceeded net investment returns. The fund is designed for investors who prioritize maximum current income over capital preservation.
Key Risk Factors for ULTY Investors
- ULTY compounds the NAV erosion risk of individual YieldMax funds because each underlying ETF experiences its own NAV decline, and the fund-of-funds structure adds an additional layer of expense ratios on top of the underlying fund fees.
- The fund's extraordinarily high yield creates unrealistic income expectations because a large portion of each distribution is return of capital, meaning investors are partially receiving their own money back rather than genuine investment income.
- ULTY is concentrated in YieldMax ETFs that target high-volatility growth and technology stocks, providing no exposure to defensive sectors like utilities, healthcare, or consumer staples that historically protect portfolios during recessions.
ULTY Dividend FAQ
Is ULTY a good dividend investment?
ULTY offers a 24.4% yield with weekly payments. This is a high-yield investment that significantly exceeds the S&P 500 average of ~1.3%. High yields can indicate higher risk, so evaluate whether the payout is sustainable relative to earnings and cash flow before investing a large position.
How often does ULTY pay dividends?
ULTY pays dividends weekly, distributing payments every week. This extremely frequent schedule provides near-continuous income, though each individual payment is smaller at approximately $0.1536 per share.
How much income does $10,000 in ULTY generate?
A $10,000 investment in ULTY at the current price of $32.73 buys approximately 305 shares, generating about $2440 per year ($203/month) in dividend income before taxes. At the qualified dividend tax rate of 15%, after-tax annual income would be approximately $2074. Reinvesting these dividends through DRIP would compound your income over time.
What is ULTY's expense ratio?
ULTY charges an expense ratio of 0.99%, meaning you pay $99 annually per $10,000 invested. This is higher than passive index ETFs, but active options strategies require more management and trading, which justifies the premium for income-focused investors.
How do I buy ULTY for dividends?
You can buy ULTY through any brokerage account (Fidelity, Schwab, Vanguard, etc.) by searching for the ticker symbol "ULTY". Most brokers offer commission-free trading and automatic dividend reinvestment (DRIP). For tax-efficient dividend income, consider holding ULTY in a Roth IRA where dividends grow and are withdrawn tax-free in retirement.
Is ULTY's dividend safe?
ULTY is an ETF, so its distributions depend on the dividends and option premiums generated by its underlying holdings. ETF distributions can vary month to month based on market conditions, but the fund cannot "cut" its dividend in the way an individual company can.
What does ULTY hold inside the fund?
ULTY is a fund-of-funds that holds shares of other YieldMax single-stock option income ETFs. Its portfolio includes funds like TSLY (Tesla options), MSTY (MicroStrategy options), NVDY (NVIDIA options), AMZY (Amazon options), CONY (Coinbase options), and others. By holding multiple YieldMax funds, ULTY diversifies across different underlying stocks while maintaining the high-yield covered call strategy. The specific allocations are adjusted by management and each underlying fund contributes its own options premium income to ULTY's monthly distribution.
Why does ULTY have a double layer of fees?
As a fund-of-funds, ULTY charges its own management fee on top of the expense ratios charged by each underlying YieldMax ETF it holds. This means investors pay the ULTY fund fee plus the weighted average expense ratio of all constituent funds. The total effective expense ratio can exceed 1% annually, which is significantly higher than passive dividend ETFs like SCHD or VYM. The high fee structure is partly justified by the active management of the multi-fund portfolio, but it creates an additional drag on total returns.
Investing in ULTY for Dividend Income
YieldMax Ultra Option Income Strategy ETF (ULTY) offers investors a high-yield income opportunity with its current 24.4% dividend yield. As an ETF with a 0.99% expense ratio, ULTY provides diversified exposure to dividend-paying stocks with professional management.
When evaluating ULTY for your portfolio, consider factors beyond yield including payout ratio sustainability, dividend growth history, and how it fits with your overall asset allocation and income needs.
Use this calculator to project your potential dividend income from ULTY, model different investment scenarios, and plan your path toward financial goals. For comprehensive analysis, combine these projections with our tax calculator for after-tax returns and DRIP calculator for long-term compounding effects.
Sources
This calculator is based on the following authoritative sources:
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Investopedia - Dividend Yield Definition
Comprehensive guide to dividend yield calculation and evaluation methodology.
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Yahoo Finance - Stock Data
Real-time stock prices, dividend information, and financial data.
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SEC EDGAR - Company Filings
Official SEC filings with dividend announcements and financial reports.
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YieldMax - ULTY ETF Overview
Official YieldMax page with ULTY holdings, distribution history, and portfolio allocation across constituent option income ETFs.