SOXY: YIELDMAX(R) TARGET 12(TM) SEMICONDUCTOR OPTION INCOME ETF
ETF Report: YIELDMAX(R) TARGET 12(TM) SEMICONDUCTOR OPTION INCOME ETF (SOXY)
SOXY is an option-income ETF designed to provide investors with cash distributions while focusing on the semiconductor industry. It combines a strategy of holding semiconductor-related assets and using options to generate income.
What this ETF is trying to do
SOXY aims to create a stream of income for investors. It does this by investing in companies that make computer chips (semiconductors) and using an option-income strategy. This means it doesn't just rely on the stock prices going up; it also tries to earn money from the options market.
What the numbers show
Based on data as of October 5, 2026, the current share price is $100.21. The fund has seen significant growth recently:
• Year-to-Date (YTD): The price return is 68.55%, while the total return is 82.49%.
• One-Year: The price return is 72.26%, and the total return is 94.13%.
Price return only measures the change in the share price. Total return is a broader measure that includes the distributions paid out to investors.
For a simple example, if an investor had put $10,000 into the fund roughly one year ago (when the estimated price was $58.17), the price-only growth of 72.26% would have increased that principal to approximately $17,226, not including any distributions.
Income and Distribution Explanation
SOXY is designed for income. It usually pays distributions monthly and has paid 12 times in the last year.
• Distribution Yield: 9.05%
• Trailing Distributions: $9.07
It is important to remember that a high distribution yield alone can be misleading. It tells you how much cash is being paid relative to the price, but it does not guarantee that the original investment is safe.
NAV Erosion Explanation
"NAV erosion" happens when the net asset value (the actual value of the fund's holdings) drops over time, even if the fund continues to pay distributions.
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 price-based evidence is positive: the erosion score is 100, the severity is labeled as "good," and the report states "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The fund holds 88 different assets. As of October 7, 2026, the top holdings include:
• NVIDIA CORP (NVDA): 6.26%
• ADVANCED MICRO DEVICES INC (AMD): 6.23%
• MARVELL TECHNOLOGY INC (MRVL): 5.73%
• MICRON TECHNOLOGY INC (MU): 5.12%
• ARM HOLDINGS PLC ADR (ARM): 4.90%
These holdings can change over time.
Pros
• Strong recent price and total returns.
• Consistent monthly distribution history.
• No detected price erosion.
Cons
• High dependence on the volatile semiconductor industry.
• Option-income strategies can be complex.
Beginner Takeaway
SOXY is an income-focused fund that has recently seen both its share price and total returns grow significantly. While it provides a high distribution yield, investors should focus on the total return to see how the fund is performing overall.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 6.26% |
| 2 | ADVANCED MICRO DEVICES INC | AMD | 6.23% |
| 3 | MARVELL TECHNOLOGY INC | MRVL | 5.73% |
| 4 | MICRON TECHNOLOGY INC | MU | 5.12% |
| 5 | ARM HOLDINGS PLC ADR | ARM | 4.90% |
| 6 | UNITED MICROELECTRONICS CORP ADR | UMC | 4.80% |
| 7 | ASML HOLDING NV ADR | ASML | 4.60% |
| 8 | ASTERA LABS INC | ALAB | 4.50% |
| 9 | LAM RESEARCH CORP | LRCX | 4.24% |
| 10 | BROADCOM INC | AVGO | 4.16% |