MINY: YIELDMAX(R) STRATEGIC METALS & MINING PORTFOLIO OPTION INCOME ETF
ETF Education Report: MINY
What this ETF is trying to do
The YIELDMAX(R) STRATEGIC METALS & MINING PORTFOLIO OPTION INCOME ETF (ticker: MINY) is an exchange-traded fund that focuses on the metals and mining industry. This ETF uses an "option income" strategy, which is a specific way of managing the fund to potentially generate cash for investors.
What the numbers show
As of September 25, 2026, the current price of one share is $36.54.
It is important to note that specific performance data for this ETF was not supplied in the current report. This means we do not have the year-to-date, one-year, or three-year price returns. We also do not have the total return figures, which would show how much the fund gained or lost including distributions. Because there is no history of share splits for this ETF, we cannot compare current prices to estimated prices from a year ago.
Income and distribution explanation
This ETF is designed to provide cash to investors through distributions. The distribution yield is approximately 19.47%. This number describes the cash payments relative to the current share price.
The fund has a history of frequent payouts, with 29 distributions recorded over the last 12 months. These payments usually happen on a monthly basis, often on Wednesdays. While these distributions provide cash income, it is important to remember that a high distribution yield does not mean the investor earned that same percentage as a total return.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases over time. While some investors worry about this when they see high payouts, there is no "severe erosion-risk flag" for this ETF at this time. The report notes that the erosion score is currently withheld due to insufficient verified price history.
Top Holdings
The following are the top holdings in this portfolio (note that this is a partial list):
• NUCOR CORP (5.35%)
• STEEL DYNAMICS INC (5.30%)
• FREEPORT-MCMORAN INC (4.94%)
• VANECK GOLD MINERS ETF (4.52%)
• NEWMONT CORP (4.37%)
• SOUTHERN COPPER CORP (4.36%)
• GLOBAL X SILVER MINERS ETF (4.30%)
Holdings can change over time. This data was last updated on October 4, 2026.
Pros
• The ETF offers a high distribution yield of approximately 19.47%.
• It provides frequent cash payments, usually occurring monthly.
Cons
• Total return data was not supplied, making it difficult to see the full picture of performance.
• High distribution yields can sometimes be misleading if the share price is also changing.
Beginner takeaway
MINY is an option-income ETF focused on metals and mining. It offers a high distribution yield, which means it pays out significant cash regularly. However, beginners should remember that high yields are not the same as total profit, and it is important to look at both price changes and distributions together to understand how an investment is performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NUCOR CORP | NUE | 5.35% |
| 2 | STEEL DYNAMICS INC | STLD | 5.30% |
| 3 | FREEPORT-MCMORAN INC | FCX | 4.94% |
| 4 | VANECK GOLD MINERS ETF | GDX | 4.52% |
| 5 | NEWMONT CORP | NEM | 4.37% |
| 6 | SOUTHERN COPPER CORP | SCCO | 4.36% |
| 7 | GLOBAL X SILVER MINERS ETF | SIL | 4.30% |
| 8 | WHEATON PRECIOUS METALS CORP | n/a | 4.16% |
| 9 | n/a | MP | 4.03% |
| 10 | ROYAL GOLD INC | RGLD | 3.92% |