DRAY is a YieldMax weekly dividend ETF. Its estimated annualized distribution yield is 62.7%, based on the trailing 90-day actual payment run-rate rather than a projected figure. DRAY pays distributions on a weekly schedule.
Why It Matters
DRAY's yield tier and risk classification together determine how much of its distribution is likely sustainable income versus volatility-driven payout.
- •Estimated annualized yield of 62.7% — a very high-yield tier fund.
- •CRADY Score of 37.1/100, classified as normal risk.
- •Next-dividend prediction confidence: 79%.
Investor Takeaway: Investors tracking DRAY typically watch both the next predicted payment and the fund's risk trend together, not yield in isolation.
TL;DR: DRAY last paid $0.1011 per share; CRADY Score 37.1/100.
DRAY Quick Facts
DRAY ETF Overview
The YieldMax® DKNG Option Income Strategy ETF (DRAY) is an actively managed ETF designed to generate weekly income by selling call spreads on DraftKings Inc (DKNG).
- Provider: YieldMax
- Asset Class: Options Income ETF
Investment Strategy
Weekly Income Potential The fund is designed to provide investors with the potential opportunity for consistent weekly income through a call spread writing strategy.
DRAY Dividend Yield Analysis
Based on DRAY's trailing 90-day distribution run-rate and its current price of $12.39, CRADY estimates an annualized distribution yield of 62.7%. This figure reflects recent actual payments extrapolated to a full year — not a guaranteed or contractual yield. High distribution yields on option-income ETFs often come from a mix of option premium and return of capital, which can affect the fund's share price over time.
DRAY Distribution Summary
Over its last 12 payments (2026-07-10 to 2026-09-25), DRAY paid a combined $1.73 per share, averaging $0.1443 per distribution (ranging from $0.0929 to $0.1882).
For the full payment-by-payment history and CRADY's next-payment forecast, see the DRAY Next Dividend Prediction.
DRAY Payout Frequency
DRAY pays distributions on a weekly schedule, based on its recent distribution history.
DRAY Fund Information
- Expense Ratio
- 1.03%
- AUM
- $2.79M
- Inception Date
- 2025-07-14
Frequently Asked Questions
DRAY's estimated annualized distribution yield is 62.7%, based on its trailing 90-day payment run-rate.
DRAY pays distributions on a weekly schedule.
Weekly Income Potential The fund is designed to provide investors with the potential opportunity for consistent weekly income through a call spread writing strategy.
CRADY calculates DRAY's annualized distribution yield from a "run-rate": it sums the actual dividends paid over the trailing 90 days, divides by 90 for a daily average, multiplies by 365, and divides by the current share price. This reflects real recent payments, not an issuer's projected yield.
DRAY's expense ratio is 1.03%.
DRAY is issued and managed by YieldMax.
자주 묻는 질문
DRAY의 최근 90일 배당 기준 연환산 예상 수익률은 약 62.7%입니다.
DRAY는 주간 배당을 지급합니다.
DRAY는 YieldMax가 발행 및 운용하는 ETF입니다.