FIAT – YieldMax Short COIN Option Inc Strgy ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks current income; with secondary investment objective being inverse exposure to the share price of the common stock of Coinbase Global, Inc., subject to a limit on potential investment gains. The fund is an actively managed ETF that seeks current income while providing indirect inverse exposure to the share price (i.e., the price returns) of the Underlying Security,which is generally subject to participation in a portion of potential investment gains. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FIAT	YieldMax Short COIN Option Income Strategy ETF	ETF	Open	—		Jul 9, 2024	$29.56M	1.000%	—	—	−$21.11M

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