Ticker SymbolCVNY
Asset ClassEquity
Fund ManagerYieldMax
DomicileUS
Expense Ratio1.09%
Founded at2025-01-29
Tracking Index--
CVNY was created on 2025-01-29 by YieldMax. The fund's investment portfolio concentrates primarily on consumer discretionary equity. CVNY seeks to provide current income and capped gains on the Carvana stock (CVNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.