Summary
YieldMax Target 12 Real Estate Option Income ETF is an ETF - a fund traded on an exchange like a stock - run by YieldMax. Positions inside: 77. The ten largest make up 55% of the fund.
- Yearly costs
- 0.99%
- Fund size
- $4.75M
- Positions
- 77
- Dividend yield
- 12.50%
- Running since
- 2025
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 55% of the fund, so its result rests on a few names.
- 100% of the fund is in one country (United States).
- Costs of 0.99% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2025.
- A small fund with $4.75M under management; small funds get closed more often.
- It trades little: only about $123.5K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +3.7%
- 3 months
- -4.5%
- This year
- -3.0%
- 1 year
- -4.5%
- Avg. market cap
- $54.9B
- P/E
- 32.2x
- Forward P/E
- 35.4x
- P/S
- 5.6x
- P/B
- 3.0x
- P/FCF
- 22.2x
- EV/EBITDA
- 16.5x
- Dividend yield
- 2.96%
- ROIC
- 12.2%
- ROE
- 21.1%
- Gross margin
- 44.3%
- Operating margin
- 30.0%
- Net margin
- 24.1%
- Payout ratio
- 95.4%
- Net debt/EBITDA
- 2.8x
- Beta
- 0.39
Weighted average of the 23 largest companies, which make up 95% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 WEWelltower WELL 6.9%
- 2 Vivmark Residential 6.6%
- 3 PLPrologis PLD 6.2%
- 4 SPSimon Property Group, Inc. SPG 5.7%
- 5 DLDigital Realty DLR 5.6%
- 6 EQEquinix EQIX 5.1%
- 7 HHETFMG Real Estate Tech ETF HHH 5.0%
- 8 JOThe St. Joe Company JOE 4.7%
- 9 AMAmerican Tower AMT 4.6%
- 10 ORealty Income O 4.4%
Positions in the fund: 77. The ten largest make up 55% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One countryBy country
- United States 100%
By company size
- Large cap 86%
- Mid cap 14%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (100%). Largest size group: Large cap (86%).
What does it cost me?
Expensive- A year from $10,000
- $99.00
- Over 20 years
- $4,580
From every $10,000 invested the fund takes $99.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,580.
How has it done?
Losing value- Over the last year
- -4.5%
- Deepest drop
- -14%
- Yearly volatility
- 12%
Decline over the last year: 4.5%. Deepest drop in these years: 14% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 12.50%
- Payments a year
- 7
- Last payment
- $0.48
Over the last 12 months it paid $5.94 per share, which is 12.50% of today's price. The last payment was $0.48 on Nov 4, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $123.5K
- Shares a day
- 2.6K
On an average day about $123.5K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 32.2
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 27%
- Fairly valued 22%
- Overvalued 51%
On average the companies inside trade for 32.2 times their yearly profit. By Fair Price, 51% of the rated weight comes out as overvalued.
Counted from its largest companies (23), which make up 95% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XL XLRE State Street Real Estate Select Sector SPDR ETF | United States | 0.08% | $8.38B | +6.6% | Pays out | 65% |
IC ICF iShares Select U.S. REIT ETF | United States | 0.32% | $2.02B | +11% | Pays out | 64% |
DR DRN Direxion Daily Real Estate Bull 3X ETF | United States | 0.98% | $37.8M | +12% | Pays out | 61% |
IY IYRI NEOS Real Estate High Income ETF | United States | 0.68% | $115.6M | -5.5% | Pays out | 60% |
TR TRUR VanEck Real Estate TruSector ETF | United States | 0.17% | $249.1K | - | Pays out | 59% |
IY IYR iShares U.S. Real Estate ETF | United States | 0.37% | $3.96B | +6.2% | Pays out | 59% |