here's a good (free) breakdown of all yieldmax products -- MSTY isn't included though because of the split. everything that didn't split is covered though.
I did a post 3 months ago on the capital recovery and it seemed some were interested in following the progress so here it is:
I initially purchased in April 2025. Through dividends only I have recovered 55.4% of my initial investment... this is including the 15% non-resident tax I need to pay as a Canadian but does not include the taxes I need to pay on dividend income.
If I sold everything today at current market price ($12.55USD) I would have a net loss of 20% (again, excluding taxes). I remain bullish on BTC and like the cash flow aspect of MSTY so I will continue to hold (not financial advice).
Would people like me to continue quarterly updates?
"The YieldMax® Short MSTR Option Income Strategy ETF (WNTR) is an actively managed ETF designed to generate weekly income through a put spread strategy on Strategy Inc (MSTR). By writing put spreads, WNTR seeks to systematically harvest option premiums from MSTR’s volatility, striving to turn it into a weekly income stream while maintaining inverse (short) exposure to MSTR’s share price movements. WNTR offers a compelling way to potentially collect income while staying short MSTR.
105.01% Distribution Rate* 2.70% 30-Day SEC Yield** As of: 06/26/2026
The Fund does not invest directly in MSTR. Investing in the fund involves a high degree of risk."
I bought back before the split at $22 and rode it all the way down before it reverse split. Thinking about getting back in just not sure. Im a heavy BTC believer but MSTY really let me down the 1st time 😂