Income ETF health check
YieldMax Memory and Storage Portfolio Option Income ETF
YRAM
YieldMax · $5M
Current price
$54.37
As of 2026-09-29 · USD
Canary status
Meaningful NAV erosion alongside distributions — the yield trap pattern is showing.
Updated every Monday and Thursday
YieldCanary Health Metrics
Yield comparison
Advertised Yield
N/A
Headline Yield (TTM)
1.51%
True Income Yield
1.51%
The real number is typically lower once return of capital is stripped out.
Health metrics
- Death Clock
- N/A
- YieldCanary ROC %
- 0.0%
Income and return
- After-Tax Monthly (25%)
- $XX.XXUnlock free →
- Last Distribution
- N/A
- 1Y Price Return
- +4.74%
About True Income Yield
About True Income Yield: This is a YieldCanary proprietary sustainability indicator, not a standard accounting measure of economic gain. It strips return of capital from the headline yield to show only what the fund generated from real investment activity. Return of capital reduces your cost basis and the full economic gain is only realized when you sell your shares. YieldCanary calculates ROC from performance data, not from the 19a-1 notices that fund companies publish monthly. Our estimates can differ from official issuer reports and can differ significantly from your year-end 1099 tax forms. We are actively working on incorporating 19a-1 data to make these figures more precise. For confirmed ROC figures always check the fund's official 19a-1 notice on the issuer's website or your year-end 1099.
True Income Yield and Death Clock are YieldCanary proprietary metrics. Not financial advice. Data updates every Monday and Thursday.
Price and Distribution History
Data last updated: Sep 28, 2026. Updates every Monday and Thursday.
Sustainability analysis
Health Score Breakdown
YRAM is currently High Risk on YieldCanary. Meaningful NAV erosion is being detected alongside the distributions. The Death Clock of N/A years indicates the fund is on a concerning trajectory at the current pace. High ROC combined with a declining NAV is the yield trap pattern — the distributions look attractive but the underlying value is eroding.
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Frequently Asked Questions — YRAM
Is YRAM a good income ETF?
Based on YieldCanary's health framework, YRAM is currently High Risk. The fund is showing meaningful NAV erosion alongside its distributions. The Death Clock of N/A years indicates the fund is on a concerning trajectory at the current pace. This warrants significant caution before adding to or initiating a position. This is not financial advice — always do your own research and consult a qualified financial professional before making investment decisions.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What does YRAM pay per month?
Based on last month's actual distribution of $0.0000 per share, $10,000 invested in YRAM at the current price of $54.37 generates approximately 183 shares. That's $0.00 gross per month before taxes. Your after-tax income depends on your personal tax rate and account type. Set your rate inside YieldCanary to see your exact after-tax monthly income and connect your portfolio to see what all of your holdings generate together. Distributions change month to month based on options premiums and market conditions. Past distributions are not a guarantee of future payments.
Calculate your after-tax income on YRAM free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is YRAM's True Income Yield?
YieldCanary's True Income Yield for YRAM is currently 1.51%. This is a distribution sustainability indicator — it strips the estimated return of capital portion from the headline TTM yield to show only what the fund generated from real investment activity. It is not an accounting measure of economic gain. Return of capital reduces your cost basis and full economic gain is only realized when you sell. YRAM's current ROC estimate is 0.0%. The full methodology breakdown is available inside YieldCanary. For confirmed ROC figures check the fund's official 19a-1 notice or your year-end 1099.
See the full health breakdown on YRAM free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is YRAM's Death Clock?
YRAM's Death Clock is currently N/A. This means no significant NAV erosion is detected at the current pace — the fund is not showing destructive return of capital behavior. N/A is the best possible Death Clock outcome.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
Is YRAM's return of capital good or bad?
YRAM's low ROC estimate of 0.0% means most distributions are generated from real investment activity rather than return of principal — one of the cleaner income profiles on the platform. Note: YieldCanary calculates ROC from performance data, not 19a-1 filings.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
How does YRAM compare to similar funds?
On YieldCanary, YRAM is currently High Risk with a 1.51% True Income Yield and a Death Clock of N/A. It pays N/A distributions and has a 1-year price return of 4.74%. Similar funds from YieldMax tracked on YieldCanary: YieldMax NVDA Option Income Strategy ETF (NVDY) — currently Severe Risk; YieldMax Semiconductor Portfolio Option Income ETF (CHPY) — currently Healthy; YieldMax MSTR Option Income Strategy ETF (MSTY) — currently Severe Risk Full side-by-side comparison including True Income Yield, Death Clock, ROC%, and after-tax income across all similar funds is available inside YieldCanary.
Compare YRAM to similar funds free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
How often does YRAM pay distributions?
YRAM is a N/A paying ETF. The most recent distribution was N/A per share. To see exact upcoming ex-dividend and payment dates for YRAM in your portfolio, connect your holdings inside YieldCanary and check the Distribution Calendar.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is YRAM's AUM and why does it matter?
YRAM currently has $5M in assets under management. YRAM is a smaller fund. While smaller AUM is not automatically a problem, funds with limited assets carry slightly more closure risk if assets decline significantly. Factor this into your position sizing. AUM alone does not determine whether a fund is healthy. Check the Canary Status and Death Clock above for the full sustainability picture.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
Is YRAM available in a Roth IRA?
Yes — YRAM can be held in a Roth IRA like any standard ETF, assuming your brokerage offers it. For income ETFs with high return of capital, a Roth IRA can be a particularly advantageous account type. ROC distributions reduce your cost basis in a taxable account, creating a deferred tax liability that grows over time. In a Roth IRA that tax treatment is irrelevant as all distributions are tax-free regardless of their character. This is not tax advice. Consult a tax professional about your specific situation and account type before making investment decisions.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
About the fund
Strategy & Objective
YieldMax
The YieldMax Memory and Storage Portfolio Option Income ETF is an actively managed ETF that seeks to generate current income and capital appreciation. The fund invests in memory and storage device companies and employs a systematic options strategy that sells call spreads on select portfolio holdings to seek option premium income.
At a glance
YieldCanary Health Summary
YieldMax Memory and Storage Portfolio Option Income ETF (YRAM) is a N/A-paying income ETF issued by YieldMax with $5M in assets under management. The fund has an advertised yield of N/A and a trailing 12-month headline yield of 1.51%. YRAM is currently High Risk on YieldCanary with a True Income Yield of 1.51% and a Death Clock of N/A. The fund has a low ROC estimate of 0.0%, meaning most distributions are generated from real investment activity. The most recent distribution was N/A per share. The fund's price has returned +4.74% over the trailing 12 months.
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