FIAT: YieldMax Short COIN Option Income Strategy ETF
YieldMax (Tidal) · Single-Stock Option Income · Tracks COIN
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year FIAT paid 96.7% but returned +38.2% in total, so about 63% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | 6% |
| Earned % (1 year) | 63% |
| Earned % (full history, up to 5 yrs) | -41% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 61.6 / 100 · rank #109 of 420. How the score works
Risk
| Sortino ratio (1Y) | 1.31 |
| Sharpe ratio (1Y) | 0.95 |
| Steadiness vs S&P 500 | 23% |
| Beta to S&P 500 | -2.27 |
| Correlation to S&P 500 | -0.52 |
| Max drop (1Y) | -35.7% |
| Max drop (up to 5 yrs) | -70.5% |
| Trend | Mixed |
| History | 2.3 yrs |
Vs. COIN (what it's built on)
| Upside capture | -77% |
| Downside capture | -81% |
| Capture ratio | – |
| Beta | -0.80 |
| Correlation | -0.98 |
| Tracking | Weakly |
On days COIN rose, FIAT caught -77% of the gain; on days it fell, FIAT took -81% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Weekly.
| Ex-date | Amount |
|---|---|
| 2026-11-05 | $0.3070 |
| 2026-10-29 | $0.2600 |
| 2026-10-22 | $0.2200 |
| 2026-10-15 | $0.1660 |
| 2026-10-08 | $0.1630 |
| 2026-10-01 | $0.1630 |
| 2026-09-24 | $0.1570 |
| 2026-09-17 | $0.1820 |
| 2026-09-10 | $0.1580 |
| 2026-09-03 | $0.2150 |
| 2026-08-27 | $0.2160 |
| 2026-08-20 | $0.3100 |
Funds that track the same thing
Other COIN income funds, ranked by DT Score. See them all · Compare FIAT with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COIW Roundhill COIN WeeklyPay ETF | Single-Stock Option Income | 78.8% | 163.3% | -52.1% | below -100% | 120% | 121% | Closely | 27 | 13 | Downtrend |
| CONY YieldMax COIN Option Income Strategy ETF | Single-Stock Option Income | 61.1% | 135.8% | -38.4% | below -100% | 83% | 84% | Closely | 27 | 28 | Downtrend |
| COYY GraniteShares YieldBOOST COIN ETF | Single-Stock Option Income | 67.0% | 291.0% | -38.7% | -90% | 27% | 41% | Loosely | 23 | 10 | Downtrend |
| ATC GraniteShares Autocallable COIN ETF | Autocallable / Structured Income | 47.7% | 16.7% | – | – | 64% | 57% | Closely | – | 67 | Down (short history) |
About FIAT
| Issuer | YieldMax (Tidal) |
| Structure | ETF |
| Category | Single-Stock Option Income |
| Strategy | Synthetic short exposure plus written options; weekly income; gains when underlying falls or stays flat |
| Underlying | COIN (short) |
| Exposure | Single Stock |
| Index linkage | No - active |
| Pays | Weekly |
| Expense ratio | 0.99% |
| Launched | 2024 |
| Uses leverage | No |
| Upside capped | Yes |
| Rate sensitivity | Neutral |
| Return of capital common | Yes |
| Tax notes | Mostly ROC |
Research notes: Short-biased; loses if stock rallies. Expense ratio is estimate - verify.
Get the weekly income report
Rankings, payout changes and yield traps, once a week.