YieldMax Targets Memory Chip Stocks With Weekly Income ETF Filing

The YieldMax® Memory and Storage ETF (YRAM) will focus on memory and storage technology companies, including DRAM, NAND flash, SSD, HDD, memory controller, and specialized memory firms. The actively-managed fund will invest directly or synthetically in individual stocks and related ETFs, including potential exposure to Roundhill Memory ETF (DRAM). To generate income, it will primarily use covered call spreads and other option-selling strategies, targeting weekly cash distributions. The non-diversified fund may return a significant portion of payouts as return of capital and will be concentrated in the memory and storage industry.