The YieldMax HIMS Option Income Strategy ETF (HIYY) is a unique investment vehicle tailored for investors seeking exposure to the dynamic health care sector, specifically focusing on the burgeoning Health Care Services niche. This ETF is designed to generate current income and offer capped gains on the stock of Hims & Hers Health, Inc. (HIMS) by employing an innovative synthetic covered call strategy. To achieve this, HIYY actively manages a portfolio that combines standardized exchange-traded and FLEX options, strategically collateralized with cash and US Treasurys to optimize risk and reward.
By concentrating on Hims & Hers Health, Inc., a company at the forefront of personalized health and wellness services, HIYY provides investors with targeted exposure to a rapidly growing segment within the health care industry. The fund's active management and strategic use of options aim to enhance income potential while offering downside protection, making it an attractive option for those looking to balance growth and income in their investment portfolio.
YieldMax HIMS Option Income Strategy ETF (HIYY) Fund Flow Chart
YieldMax HIMS Option Income Strategy ETF (HIYY) 1 year Net Flows: $2M
HIYY ETF FAQ
What was HIYY’s price range in the past 12 months?
HIYY lowest ETF price was $45.14 and its highest was $50.78 in the past 12 months.