Search for an ETF or holding
YieldmaxTM Ultra Short Option Income Strategy ETF
SLTY (YieldmaxTM Ultra Short Option Income Strategy ETF) is a covered call Short Term Fixed Income ETF by YieldmaxTM. With a 1.25% MER, it provides diversified exposure through 20 holdings.
SLTY by YieldmaxTM uses a covered call strategy. By selling call options on its holdings, it generates additional income at the cost of capped upside potential during bull markets.
Its 1.25% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.