SNOY ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an actively managed equity ETF with $0.02 billion in assets under management.

SNOY seeks to generate weekly income by selling call options or call spreads on SNOW, offering a unique approach to income generation. The ETF's expense ratio is 0.99%. Past performance does not guarantee future results.

YieldMax SNOW Option Income Strategy ETF (SNOY) ETF — Price, Holdings & Analysis

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an actively managed equity ETF with $0.02 billion in assets under management. SNOY seeks to generate weekly income by selling call options or call spreads on SNOW, offering a unique approach to income generation. The ETF's expense ratio is 0.99%. Past performance does not guarantee future results.

ETF Overview

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an actively managed exchange-traded fund that seeks to generate weekly income by selling call options or call spreads on SNOW. The strategy is designed to capture option premiums while providing participation in the share price appreciation of SNOW.

The YieldMax SNOW Option Income Strategy ETF (SNOY) is designed for investors seeking weekly income through option strategies related to SNOW. SNOY implements an active management approach, selling call options or call spreads on SNOW to generate income from option premiums. This strategy aims to provide income while allowing some participation in the potential share price appreciation of SNOW. A significant portion of the fund is allocated to cash and similar instruments, with 100% of its sector allocation in Cash & Others. The fund's top holding is First American Government Obligs X (FGXXX) at 2.03%. Country exposure is heavily weighted towards the United States, at 142.7%. This ETF may appeal to investors looking for alternative income sources, but it's important to understand the risks associated with options trading and active management. Past performance does not guarantee future results.

Risk Metrics

SNOY carries several risks inherent in its investment strategy. The fund's concentration on a single underlying asset, SNOW, makes it highly sensitive to the performance of that specific stock. The active management and options-based strategy introduce complexity and may not always generate the desired income. The fund's beta is 0.00, indicating it has not been trading long enough to establish a beta. The expense ratio of 0.99% is relatively high, which can create a significant drag on returns, especially if the option strategy does not perform as expected. Investors should carefully consider these factors before investing. Past performance does not guarantee future results.

Expense Ratio

0.99%

What does SNOY hold?

Holding	Weight
First American Government Obligs X (FGXXX)	2.03%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
United States	142.7%

Dividend Yield

0.00%

iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
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State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

YieldMax Target 12 Semiconductor Option Income ETF (SOXY) (Equity) — 1.06% expense ratio
YieldMax XYZ Option Income Strategy ETF (XYZY) (Equity) — 0.99% expense ratio
YieldMax Short NVDA Option Income Strategy ETF (DIPS) (Equity) — 0.99% expense ratio
YieldMax Target 12 Real Estate Option Income ETF (RNTY) — 0.99% expense ratio
YieldMax CRCL Option Income Strategy ETF (CRCO) — 0.99% expense ratio
YieldMax HIMS Option Income Strategy ETF (HIYY) — 0.99% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is SNOY and what does it track?

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an actively managed ETF that seeks to generate weekly income by selling call options or call spreads on SNOW.

Unlike traditional ETFs that passively track an index, SNOY uses an active strategy focused on generating income from option premiums related to SNOW.

What is the expense ratio for SNOY?

The expense ratio for the YieldMax SNOW Option Income Strategy ETF (SNOY) is 0.99%. This means that for every $1000 invested in the fund, $9.90 goes towards covering the fund's operating expenses.

This expense ratio is higher than the average expense ratio for equity ETFs, which is approximately 0.44%.

What are the top holdings in SNOY?

As of 2026-03-15, the top holding in the YieldMax SNOW Option Income Strategy ETF (SNOY) is First American Government Obligs X (FGXXX), comprising 2.03% of the fund's portfolio.

While SNOY's strategy revolves around SNOW options, a significant portion of the fund is held in cash and similar instruments.

Is SNOY a good long-term investment?

Whether SNOY is a suitable long-term investment depends on an investor's individual financial goals, risk tolerance, and investment horizon.

SNOY's strategy of generating income through options on SNOW can provide regular income, but it also exposes investors to the risks associated with options trading and the performance of a single stock.

How does SNOY compare to similar ETFs?

SNOY differentiates itself through its specific focus on generating income by selling options on SNOW. Many income-focused ETFs invest in dividend-paying stocks or bonds, while SNOY uses a more specialized options strategy.

With AUM of $0.02 billion, SNOY is relatively small compared to more established income ETFs. Its expense ratio of 0.99% is also higher than many broad-based income ETFs.

Does SNOY pay dividends?

As of 2026-03-15, the YieldMax SNOW Option Income Strategy ETF (SNOY) has a dividend yield of 0.00%.

While the fund's objective is to generate income through option premiums, the actual dividend payout may vary depending on the success of the option strategy and the fund's expenses. Investors seeking regular income should monitor SNOY's dividend distributions and compare them to other income-generating investments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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