YieldMax Short N100 Option Income Strategy ETF (YQQQ)

The YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an actively managed exchange-traded fund from YieldMax ETFs. It seeks to generate monthly income while providing inverse, or short, exposure to the Nasdaq-100 Index.

The fund creates short exposure synthetically using options on the Nasdaq-100 or related ETFs, and it sells put options to collect premium, while holding short-term U.S. Treasuries as collateral. Premium income supports regular distributions.

Because its exposure is short, the fund tends to benefit when the Nasdaq-100 falls and loses value when it rises, while potential gains from declines are limited by the option structure.