Interesting25 Jul 2025 11:13
Somewhat similar in concept to QYLP which seeks to track the Nasdaq-100 BuyWrite index. However, since launch of YMAP (25 March 2025) it has returned about 17% (inclusive of dividends) while QYLP has retuned -3.85%. The difference in performance is presumably down to QYLP selling call options on the Nasdaq 100, whereas YMAP sells call options on selected global tech stocks. Interestingly, YMAP has outperformed the SPDR MSCI World Technology ETF TECW (13%) over the same period. I assume YMAP's dividends are paid in dollars involving a currency conversion. Top 10 holdings :
COINBASE GLOBAL INC -CLASS A 6.52%
PALANTIR TECHNOLOGIES INC-A 5.49%
ORACLE CORP 5.14%
BROADCOM INC 4.84%
ADVANCED MICRO DEVICES 4.79%
NVIDIA CORP 4.79%
TAIWAN SEMICONDUCTOR-SP ADR 4.40%
MICROSOFT CORP 4.22%
MICROSTRATEGY INC-CL A 4.09%
INTUIT INC 4.08%
Regional Exposure Weight :
United States 93.45%
Taiwan 4.40%
China 2.99%
Cash 0.81%