The exchange-traded fund (ETF) aims to provide income linked to dividend paying US companies.

YieldMax ETFs has introduced the YieldMax US Stocks Target Double Distribution ETF, which is trading on the New York Stock Exchange (NYSE) under the ticker DDDD. The fund aims to deliver current income targeting roughly twice the annualised distribution yield of the Schwab US Dividend Equity ETF (SCHD). The fund invests in the constituents of SCHD The company noted that the ETF combines exposure to dividend-paying US equities with an options-based strategy designed to generate additional inc