SMCY was created on 2024-09-11 by YieldMax. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 145.87m in AUM and 10 holdings. SMCY seeks to provide current income and capped gains on the Super Micro Computer Inc. stock (SMCI) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.