YieldMax R2000 0DTE Covered Strategy ETF (RDTY)

The YieldMax R2000 0DTE Covered Strategy ETF (RDTY) is an actively managed exchange-traded fund in the YieldMax lineup, offered through Tidal Investments with ZEGA Financial as sub-adviser. It aims to generate current income while maintaining exposure to the Russell 2000 Index of U.S. small-cap stocks.

The fund establishes synthetic exposure to the index or a related ETF and sells very short-dated call options, including contracts that expire the same day (0DTE), to collect option premiums. These premiums support frequent distributions, while the call writing limits how much of the index's upside the fund captures. Collateral is held mainly in short-term U.S. Treasuries.