CRSH

YieldMax Short TSLA Option Income Strategy ETF

weekly Dividends
YieldMax

CRSH Quick Stats

Current annualized yield
60.26%
Last distribution
$0.16 (ex-date 2026-08-27)
Next estimated ex-date
2026-09-03
Assets under management
$15.6M
YTD price return (split-adjusted)
-20.27%
Distributions paid on record
62 · $17.67 per share

CRSH Distribution History Trend

CRSH has paid 62 weekly distributions on record since inception (2024-05-01). The average distribution over the trailing 12 periods is $0.25 per share. The highest distribution was $0.39 (week of 2026-08-06) and the lowest was $0.16 (week of 2026-08-27). Distribution variance of $0.23 reflects how sensitive the option premium on YieldMax Short TSLA Option Income Strategy's underlying exposure is to market volatility — richer weeks follow volatility spikes, thinner weeks follow calm markets.

CRSH vs TSYY

CRSH and TSYY both target TSLA exposure with weekly distributions. TSYY is the larger fund by AUM, but both track the same underlying and move with it.

Metric
CRSH
Issuer
YieldMax
GraniteShares
Current yield
60.26%
45.24%
YTD price
-20.27%
-51.69%
AUM
$15.6M
$78.7M
Last distribution
$0.16
$0.18
Strategy
Synthetic long + covered calls
GraniteShares option-income structure

Fund Overview

CRSH — YieldMax Short TSLA Option Income Strategy ETF — is a weekly-distribution ETF issued by YieldMax that generates income by selling put options against TSLA exposure. The fund targets investors seeking high-frequency cash flow from TSLA exposure without holding the underlying directly. Distributions are paid weekly, with the ex-dividend date typically falling on a Thursday. The current annualized yield of 60.26% is calculated from the most recent weekly distribution of $0.2339 per share divided by the current share price of $20.18 and multiplied by 52. As with all option-income funds, the distribution rate reflects current implied volatility in TSLA options — when volatility falls, distributions typically shrink. The fund has $15.6 million in assets under management and has returned -20.27% on a price basis year-to-date, excluding distributions.

Compared to similar YieldMax funds, CRSH ranks 24 out of 56 by current yield and 21 out of 56 by year-to-date price performance.

Annual Yield Calculations

Current Price
$20.18
Annual Non-DRIP Yield
60.26%
Avg payout × 52 ÷ price
Annual DRIP Yield
82.06%
Compounded weekly: (1 + rate)^52 − 1

Both figures start from the same per-period rate: the average of the last 3 distributions ($0.23) divided by the current price ($20.18) = 1.159% per week. The non-DRIP yield annualizes it simply; the DRIP yield compounds it over 52 periods.

WeeklyYield™ Actual Performance

Weekly Average
$0.23
Last 3 payouts
Actual Non-DRIP
-10.90%
NAV + dividends
Actual DRIP
-8.88%
NAV + reinvested dividends

How YTD & performance are calculated: YTD returns shown across WeeklyYield are price-only, using split-adjusted close-to-close prices from the first trading day of the calendar year to the latest close — the same method your brokerage uses. Dividends are tracked separately in the yield figures above. "Actual Non-DRIP" and "Actual DRIP" add distributions back in to show total return since the earliest price we have on record (2025-09-02 at $41.35), using the same 48 distributions in both — non-DRIP collects them as cash, DRIP buys shares at each ex-date close. See full methodology →

Top Performer Score

24
out of 100
Total Score
NAV Protection
0/40
Stability
13/20
Yield
15/40
Current yield: 60.26%

Fund quality adjustment: ×0.85. Score is reduced for small AUM ($15.6M), young inception (2024-05-01), expense ratio 1.05%. Raw score before adjustment: 28.

Price History (1 Year)

2025-09-02 → 2026-09-01
-51.20%
$19.72$30.54$41.35 1-for-10
Reverse split Forward splitPrices are split-adjusted. Historical values reflect the current share count.

About This ETF

Assets Under Management
$15.6M
Expense Ratio
1.05%
Inception Date
2024-05-01

The YieldMax Short TSLA Option Income Strategy ETF (CRSH) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide current income and indirect exposure to declines in Tesla stock (TSLA) through a synthetic covered put strategy, using US Treasurys as collateral. The actively managed ETF employs both standardized exchange-traded and FLEX options to offer inverse exposure to TSLAs share price, with a cap on potential gains CRSH was launched on May 1, 2024 and is issued by YieldMax.

How CRSH Generates Income

CRSH generates income from a short or inverse position on TSLA, collecting option premium by selling put options or maintaining synthetic short exposure. The fund profits when TSLA declines and distributes that premium as weekly income. This strategy carries significant risk if TSLA rises sharply, as losses on the short position can exceed the income generated. These funds are typically used by investors who want income while maintaining a bearish view on the underlying, or as a hedge against long exposure to the same asset.

Distribution Composition and Tax Considerations

Not all of CRSH's weekly distributions represent taxable income. Option-income funds frequently classify part of each distribution as return of capital (ROC), which is not taxable in the year received but reduces your cost basis in the fund. When your cost basis reaches zero, subsequent ROC distributions become taxable as capital gains. The exact composition of each distribution — ordinary income, qualified dividends, short-term capital gains, long-term capital gains, and return of capital — is reported annually on Form 1099-DIV and may not be known until after the tax year ends. Holding CRSH in a tax-advantaged account (IRA, Roth IRA, 401k) eliminates the annual tax complexity entirely and is the approach most income-focused investors use for high-distribution funds.

Educational information only — not tax advice. See our after-tax dividend calculator to model your own situation.

Dividend History

Ex-Dividend DateCash AmountPay Date
2026-08-27$0.158502026-08-28
2026-08-20$0.226502026-08-21
2026-08-13$0.316602026-08-14
2026-08-06$0.390502026-08-07
2026-07-30$0.358402026-07-31
2026-07-23$0.197802026-07-24
2026-07-16$0.206302026-07-17
2026-07-09$0.207402026-07-10
2026-07-02$0.268902026-07-06
2026-06-25$0.226902026-06-26
2026-06-18$0.204002026-06-22
2026-06-11$0.209002026-06-12

CRSH has paid 12 weekly distributions over the past 12 weeks. The average weekly distribution over this period was $0.2476 per share. The highest distribution in the trailing 12 weeks was $0.3905 (ex-date 2026-08-06) and the lowest was $0.1585 (ex-date 2026-08-27). Distribution consistency — the variance between the highest and lowest payment — is one indicator of underlying volatility stability. High variance suggests the fund's income generation is sensitive to volatility swings in TSLA options.

Latest CRSH News

  • CRSH declares $0.1585 weekly distribution — ex-date 2026-08-27, payment date 2026-08-28
    Distribution announcement · 2026-08-27
  • CRSH declares $0.2265 weekly distribution — ex-date 2026-08-20, payment date 2026-08-21
    Distribution announcement · 2026-08-20
  • CRSH declares $0.3166 weekly distribution — ex-date 2026-08-13, payment date 2026-08-14
    Distribution announcement · 2026-08-13

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Frequently Asked Questions About CRSH

When does CRSH pay dividends?

CRSH pays weekly dividends. Its most recent ex-dividend date was 2026-08-27 with a pay date of 2026-08-28.

How much does CRSH pay per share?

CRSH has paid an average of $0.2339 per share across its most recent 3 distributions. Its latest distribution was $0.1585 per share.

What is the dividend yield of CRSH?

CRSH's current annualized yield is 60.26%. This is calculated as the average of its last 3 distributions ($0.2339) divided by the current share price of $20.18, annualized over 52 periods. Reinvesting those distributions (DRIP) compounds the same rate: (1 + rate)^52 − 1.

Is CRSH's high yield sustainable?

Covered call and option-income ETF distributions vary week to week. CRSH's actual total return figures on the fund's WeeklyYield page show total return net of NAV changes; high distribution rates can coincide with NAV decline, so investors should compare yield to actual total return before drawing conclusions. This is educational information, not investment advice.

How are CRSH distributions taxed?

Option-income ETF distributions are generally treated as ordinary income or return of capital, depending on the fund's structure and the underlying options strategy. For CRSH's exact tax character, refer to the fund issuer's 19a-1 notices and year-end 1099-DIV. This is not tax advice.

More detail on how these numbers are calculated is on our methodology page.

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