LFGY: YIELDMAX(R) CRYPTO INDUSTRY & TECH PORTFOLIO OPTION INCOME ETF
ETF Report: YIELDMAX(R) Crypto Industry & Tech Portfolio Option Income ETF (LFGY)
The YIELDMAX(R) Crypto Industry & Tech Portfolio Option Income ETF (LFGY) is an option-income ETF designed to provide high cash distributions by investing in cryptocurrency-related companies and technology. While it offers a very high distribution yield, it has experienced significant share-price declines over the past year.
What this ETF is trying to do
LFGY focuses on the crypto industry and technology sector. It uses an option-income strategy to generate cash for investors. This means it does not just hold stocks; it uses financial contracts called options to create income.
Top Holdings (as of Oct 8, 2026):
The fund holds 124 total assets. Some of its largest holdings include:
• IBIT 08/21/2026 10.01 C (8.47%)
• CORZ (6.7%)
• HUT 8 CORP (6.16%)
• RIOT PLATFORMS INC (6.01%)
• CIPHER DIGITAL INC (5.99%)
• NVIDIA CORP (5.58%)
• OPERA LTD ADR (5.17%)
• BLOCK INC CLASS A (5.13%)
• GLXY (4.53%)
• MARA HOLDINGS INC (4.42%)
What the numbers show
The share price of LFGY has fallen significantly. An estimated price from roughly one year ago was $37.82, while the current price is $18.63.
• One-Year Price Return: -50.74% (This measures only the change in share price).
• One-Year Total Return: -12.41% (This reflects the overall return, including distributions).
• Year-to-Date (YTD) Price Return: -25.33%
• Year-to-Date (YTD) Total Return: 11.31%
Income and Distribution Explanation
LFGY is designed for investors seeking high current income. It pays distributions very frequently (weekly-like), with 53 payouts in the last 12 months, mostly occurring on Wednesdays.
The distribution yield is 76.89%. It is important to remember that a high yield alone can be misleading. It does not guarantee that the investor is making money overall, as the share price can fall at the same time the fund pays out cash.
Price and NAV Erosion Explanation
The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, the data shows a severe erosion-risk flag. This was triggered because the fund has a "severe" erosion severity and an erosion score of 10. These price-based measurements indicate that the share price has deteriorated substantially.
Pros
• High Cash Flow: Provides very frequent distributions and a high distribution yield.
• Crypto Exposure: Gives investors a way to gain exposure to various crypto-tech companies.
Cons
• Significant Price Decline: The share price has dropped over 50% in the last year.
• High Risk: The fund has a severe erosion-risk flag and an income rating grade of "F."
Beginner Takeaway
LFGY provides a high amount of cash income, but that income has come alongside a large drop in the share price. While the total return is better than the price return, the fund's value has been unstable. Income investors generally care about "principal stability," which means they want their original investment to stay intact while they collect checks. In this case, the share price has declined significantly.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | IBIT 08/21/2026 10.01 C | n/a | 8.47% |
| 2 | n/a | CORZ | 6.70% |
| 3 | HUT 8 CORP | HUT | 6.16% |
| 4 | RIOT PLATFORMS INC | RIOT | 6.01% |
| 5 | CIPHER DIGITAL INC | CIFR | 5.99% |
| 6 | NVIDIA CORP | NVDA | 5.58% |
| 7 | OPERA LTD ADR | OPRA | 5.17% |
| 8 | BLOCK INC CLASS A | XYZ | 5.13% |
| 9 | n/a | GLXY | 4.53% |
| 10 | MARA HOLDINGS INC | MARA | 4.42% |