What this ETF is trying to do

The YieldMax Memory and Storage Portfolio Option Income ETF (YRAM) is an exchange-traded fund that focuses on the memory and storage industry. It uses "option income" strategies, which is a way of using financial contracts to try to generate money for the fund.

What the numbers show

As of September 25, 2026, the current price of one share of YRAM is $54.92.

Information regarding how much the price has changed over time—such as the year-to-date return or the one-year price return—was not supplied in the available data. Because this information is missing, we cannot see if the share price has gone up or down recently.

Top Holdings

The fund's holdings can change over time. As of October 4, 2026, some of the largest parts of the portfolio include:

• FIRST AMERICAN GOVERNMENT OBLIGS X (43.79%)

• MICRON TECHNOLOGY INC (15.20%)

• OTHER ASSETS AND LIABILITIES (10.64%)

• DRAM 10/16/2026 55.01 C (7.95%)

• SANDISK CORP ORDINARY SHARES (6.06%)

• WESTERN DIGITAL CORP (5.98%)

• SEAGATE TECHNOLOGY HOLDINGS PLC (5.96%)

Income and distribution explanation

Some investors look for ETFs that pay out cash, which is called a "distribution." This ETF has a distribution yield of approximately 2.23%. The trailing distributions were $1.225.

It is important to know that these payments are described as "irregular" or "less frequent." This means the fund does not pay out money on a steady, predictable schedule. Also, remember that a distribution yield tells you how much cash was paid out relative to the price, but it does not tell you the total amount of money an investor made or lost.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value of an ETF. The NAV is essentially the total value of all the assets held inside the fund. While a falling share price often happens when the NAV falls, they are not always the same thing.

For this specific ETF, an erosion score was not provided because there is not enough verified price history available to calculate it. There is currently no "severe erosion-risk flag" for this fund.

Pros

• Specific Focus: The fund provides exposure to companies in the memory and storage sector, such as Micron Technology and Western Digital.

• Cash Distributions: The fund has provided trailing distributions of $1.225 per share.

Cons

• Missing Data: There is no supplied data for price returns or total returns, making it hard to see past performance.

• Irregular Income: The distributions do not happen on a regular or frequent schedule.

Beginner takeaway

YRAM is an option-income ETF that focuses on memory and storage companies. While it pays out some cash through distributions, those payments are irregular. Because there is no data available on the fund's past price returns, new investors should be aware that they cannot see how the share price has performed in the recent past.