What are TSLY's May 2026 distribution pay dates?

TSLY is in YieldMax Weekly Group 2, which pays every Friday. The four confirmed pay dates for May 2026 are May 8, May 15, May 22, and May 29. Declaration falls on the preceding Wednesday; ex/record date falls on the preceding Thursday. Confirmed per-share amounts are published at yieldmaxetfs.com/news/ approximately two business days before each pay date.

What are NVDY's May 2026 distribution pay dates?

NVDY is also in Weekly Group 2 alongside TSLY, so it shares the same Friday schedule: May 8, May 15, May 22, and May 29. Both tickers declare on Wednesday, go ex/record on Thursday, and pay on Friday.

What is the difference between TSLY and TEST?

Both track Tesla (TSLA) as the underlying asset, but they are different product lines. TSLY is part of the YieldMax Maximized product suite, placed in Weekly Group 2 (Friday pay). TEST is part of the YieldMax Performance & Distribution Target 25™ suite, placed in Weekly Group 3 (Wednesday pay). The Target 25™ strategy targets a different distribution level and option-overlay structure than the Maximized strategy. If you hold both, you receive a Tesla-correlated covered-call distribution on both Wednesdays and Fridays.

What is the difference between NVDY and NVIT?

Both track NVIDIA (NVDA) as the underlying, but NVDY is in the Maximized product line (Group 2, Friday pay) and NVIT is in the Target 25™ product line (Group 3, Wednesday pay). The same underlying asset, two different covered-call overlay strategies, two different distribution groups. See yieldmaxetfs.com for fund-specific prospectus disclosures.

Why does Group 2 exist separately from Group 1?

YieldMax created multiple weekly groups to stagger settlement demand across the week rather than concentrating all 55+ tickers on a single pay day. Group 1 pays Thursdays, Group 2 pays Fridays, and Group 3 pays Wednesdays. From an investor perspective, holding tickers across multiple groups creates a multi-day income cadence — Group 1 on Thursday and Group 2 on Friday can effectively produce a two-day weekly cash stream.

What does MARO track — is it Marriott or Marathon Digital?

MARO tracks Marathon Digital Holdings (stock ticker: MARA), a Bitcoin mining company. It has no connection to Marriott International (MAR). Multiple third-party data aggregators have mislabeled MARO as a Marriott ETF. Verify the underlying at yieldmaxetfs.com before acting on any data.

YieldMax Group 2 May 2026 Distribution Calendar (Friday P...

Your Group 2 income schedule for May 2026 is straightforward: four Fridays, four distributions. May 8, May 15, May 22, May 29. TSLY, NVDY, ULTY, and the other 27 tickers in this group all follow the same Wednesday-declare, Thursday-ex, Friday-pay cycle — every week the US market is open.

Group 2 is the largest of the three YieldMax weekly groups by ticker count, with 30 ETFs covering a broad range of underlyings from Tesla and NVIDIA to multi-asset baskets like ULTY and YMAG. If you are primarily a TSLY or NVDY investor, Group 2 is where your distribution calendar lives.

This post maps every Group 2 ticker, explains the settlement timing under T+1, flags the MARO misidentification issue that persists across third-party aggregators, and addresses the structural differences between TSLY/NVDY (Maximized) and their Target 25™ counterparts TEST/NVIT (Group 3).

All 30 Tickers in Weekly Group 2

All Group 2 ETFs follow the same cycle: declare Wednesday, ex/record Thursday, pay Friday.

Ticker	Underlying Asset
DISO	Disney (DIS)
DRAY	DraftKings (DKNG)
FBY	Meta Platforms (META)
FIAT	Coinbase Short (COIN Short)
GDXY	Gold Miners Index (broad-based)
GMEY	GameStop (GME)
GOOY	Alphabet / Google (GOOGL)
GPTY	AI & Tech Portfolio (broad-based)
HIYY	Hims & Hers (HIMS)
HOOY	Robinhood (HOOD)
JPO	JPMorgan Chase (JPM)
LFGY	Crypto Industry & Tech Portfolio (broad-based)
MARO	Marathon Digital Holdings (MARA)
MINY	Strategic Metals & Mining Index (broad-based)
NFLY	Netflix (NFLX)
NVDY	NVIDIA (NVDA)
OARK	ARKK Innovation Index (broad-based)
PLTY	Palantir (PLTR)
PYPY	PayPal (PYPL)
QDTY	Nasdaq-100 Index (0DTE strategy)
RBLY	Roblox (RBLX)
RDTY	Russell 2000 Index (0DTE strategy)
RDYY	Reddit (RDDT)
SDTY	S&P 500 Index (0DTE strategy)
SLTY	Ultra Short Strategy (broad-based)
SMCY	Super Micro Computer (SMCI)
SNOY	Snowflake (SNOW)
TSLY	Tesla (TSLA) — Maximized
ULTY	Ultra Portfolio (broad-based)
YMAG	Magnificent 7 (AAPL, MSFT, NVDA, GOOGL, AMZN, META, TSLA)

For fund-specific disclosures, expense ratios, and prospectus documents, see yieldmaxetfs.com/distribution-schedule/.

MARO Is Marathon Digital — Not Marriott

Before going further, a data-hygiene correction worth making explicitly.

MARO tracks Marathon Digital Holdings (Nasdaq: MARA), a Bitcoin mining and digital infrastructure company. Marathon Digital has no corporate relationship to Marriott International (NYSE: MAR), the hotel chain.

The confusion originates from a ticker proximity error: MAR (Marriott) vs. MARA (Marathon Digital), and consequently MARO (the YieldMax ETF tracking MARA). Multiple third-party ETF screeners and aggregators — including some widely used by retail investors — have mislabeled MARO as a Marriott ETF. That error persists on some platforms as of this writing.

If you are researching MARO expecting hotel sector exposure, you have the wrong fund. If you are intentionally seeking Bitcoin mining volatility through a covered-call structure, MARO is correctly identified. Verify the underlying at yieldmaxetfs.com before acting on any third-party data.

May 2026 Group 2 Schedule — Four Fridays

Week	Declaration (Wed)	Ex / Record (Thu)	Payment (Fri)
Week 1	May 6	May 7	May 8
Week 2	May 13	May 14	May 15
Week 3	May 20	May 21	May 22
Week 4	May 27	May 28	May 29

Note: The declaration, ex/record, and pay dates span three consecutive calendar days. Declaration is Wednesday; ex/record is Thursday; payment is Friday — all within the same week. Confirmed per-share amounts appear at yieldmaxetfs.com/news/ when the Wednesday declaration is published.

Source: yieldmaxetfs.com/distribution-schedule/ — verified 2026-04-23.

Settlement Mechanics Under T+1

Under current US T+1 settlement rules, a trade executed today settles (transfers ownership) the next business day. For Group 2, the ex-date falls on Thursday. This means:

Buying TSLY or NVDY on Wednesday or earlier guarantees settlement by Thursday, placing you on record for that week’s distribution.
Buying on Thursday (the ex-date) means your trade settles Friday. You are not on record as of Thursday’s close. You do not receive that week’s distribution.

Practical walkthrough for NVDY’s Week 2 May distribution:

May 13 (Wednesday) — Declaration day. YieldMax publishes the confirmed per-share amount. To be eligible, you must hold shares before market close today.
May 14 (Thursday) — Ex/record date. Purchases made on May 14 settle on May 15 — after the record date. You are not eligible for this distribution.
May 15 (Friday) — Payment date. Cash credited to your brokerage account.

The confirmed May 2026 Group 2 pay dates (5/8, 5/15, 5/22, 5/29) correspond to the following full calendar:

Week	Declaration (Wed)	Ex / Record (Thu)	Payment (Fri)
Week 1	May 6	May 7	May 8
Week 2	May 13	May 14	May 15
Week 3	May 20	May 21	May 22
Week 4	May 27	May 28	May 29

To be eligible for any Group 2 distribution: purchase shares before the ex-date Thursday’s open, which under T+1 means executing the trade no later than Wednesday. Always confirm the specific ex-date at yieldmaxetfs.com/news/ before the declaration week.

Full weekly distribution structure and settlement explained →

TSLY vs. TEST: Two Tesla ETFs, Different Groups

Both TSLY and TEST write covered calls against TSLA (Tesla) as the underlying. They are not the same product.

TSLY — YieldMax Maximized product line, Weekly Group 2, pays every Friday. This is the original Tesla covered-call ETF in the YieldMax suite, launched before the Target 25™ product line was introduced.

TEST — YieldMax Performance & Distribution Target 25™ product line, Weekly Group 3, pays every Wednesday. The Target 25™ structure targets a defined distribution level rather than maximizing option premium capture, which typically results in a different (often lower) distribution amount with a different risk profile.

If you hold both TSLY and TEST, you receive a Tesla-correlated covered-call distribution on Wednesdays (TEST) and Fridays (TSLY). Whether that dual exposure is intentional or an accidental overlap is worth reviewing. Most retail investors do not need both; the two products serve different preference profiles within the same underlying.

NVDY vs. NVIT: Two NVIDIA ETFs, Different Groups

The same Maximized vs. Target 25™ distinction applies to NVIDIA:

NVDY — Maximized, Weekly Group 2, pays every Friday.

NVIT — Target 25™, Weekly Group 3, pays every Wednesday.

NVDY has significantly more assets under management and trading volume. NVIT is newer and carries a narrower investor base. For most investors researching NVIDIA covered-call income, NVDY is the primary reference point. If you specifically want Target 25™ distribution targeting, NVIT is the relevant ticker — but read the prospectus before assuming the distribution methodology is superior to NVDY’s uncapped premium approach.

NVDY vs CONY full comparison →

Why Group 2 Exists: Staggered Settlement Design

The most common investor question about group structure is: why are there multiple groups? Why aren’t all YieldMax ETFs on the same weekly schedule?

The practical answer is settlement and operational scaling. With 55+ actively managed covered-call ETFs, concentrating all declarations, ex-dates, and payment events on the same day of the week creates concentrated clearing demand. Spreading across Wednesday, Thursday, and Friday pay days (Groups 3, 1, and 2) distributes that load across the week.

From an investor standpoint, the group structure creates an opportunity to build a multi-day cash cadence. Holding Group 1 (Thursday) and Group 2 (Friday) tickers together means income arrives on consecutive business days. Some structured income portfolios are explicitly built around this Thursday/Friday cadence using one high-conviction ticker from each group.

US Tax Context: What Group 2 Investors Need to Know

1099-DIV Box 1a and Box 3

Group 2 distributions appear on Form 1099-DIV exactly as Group 1 distributions do:

Box 1a — Ordinary dividend income, taxable at ordinary rates. Covered-call ETFs do not qualify for the reduced qualified dividend rate in most cases due to the option overlay structure failing to meet IRC § 1(h)(11) holding requirements.
Box 3 — Return of Capital (ROC). Not immediately taxable; reduces your cost basis.

With 48–52 annual distribution events, cost basis tracking across multiple Group 2 tickers requires consistent monitoring. A TSLY, NVDY, and ULTY position held simultaneously represents three separate cost basis ladders, all declining at rates driven by each fund’s individual ROC percentage.

Taxable vs. IRA: The Group 2 Calculus

The tax friction of weekly ordinary income distributions in a taxable account is real. In an IRA or Roth IRA, that friction disappears:

No per-event reporting burden
No basis adjustment tracking
No wash-sale risk when rotating between TSLY, NVDY, and similar covered-call peers
Ordinary income becomes irrelevant (Roth) or deferred (traditional IRA)

Many TSLY and NVDY holders specifically place these positions inside IRA accounts for this reason. Retirement account contribution limits still apply, and NAV erosion risk does not vanish because of the wrapper — but the administrative burden is substantially reduced.

Wash Sale Considerations When Rotating

If you rotate between TSLY and TEST after a distribution event to harvest a loss, IRC § 1091 (wash sale rule) may apply if the IRS treats the two Tesla-covered-call funds as substantially identical securities. The IRS has not issued specific guidance on this scenario. Do not implement loss-harvesting strategies between YieldMax product pairs without consulting a qualified tax professional.

Editorial Position: Group 2 Is the Core YieldMax Group for Most Investors

Group 2’s 30-ticker roster includes the most-traded and most-researched YieldMax ETFs. TSLY and NVDY alone represent the two highest-volume tickers in the fund family by most measures. ULTY, GOOY, NFLY, and PLTY round out a set of underlyings that most US investors already understand.

The Friday pay cadence is also practical. For investors who actively review positions over weekends, a Friday cash credit aligns with a natural review cycle.

The caution worth stating plainly: 30 tickers does not mean 30 independent income streams. Many Group 2 tickers are positively correlated — TSLY, NVDY, GOOY, and NFLY all tend to be affected by broad equity sentiment, and their covered-call premiums compress simultaneously during low-volatility regimes. A portfolio of six Group 2 tickers is not as diversified as it appears if the underlying assets move together.

Measure each position’s total return (distributions received minus NAV decline since purchase) quarterly, not just the yield headline.

Verifying Declared Amounts

yieldmaxetfs.com/news/ — Wednesday declarations with confirmed per-share amounts for that Friday’s Group 2 payment. This is the only authoritative source.
yieldmaxetfs.com/distribution-schedule/ — Group assignments and upcoming confirmed dates.
Your broker’s dividend calendar — Project ex-dates from issuer filings. Cross-check against the YieldMax news page for accuracy.

Disclaimer: Distribution schedule information in this post reflects data verified at yieldmaxetfs.com on 2026-04-23. YieldMax may adjust group assignments, payment dates, or distribution structure at any time. Nothing in this post constitutes investment advice. All investment decisions and their consequences are the sole responsibility of the investor. Consult a qualified tax professional regarding 1099-DIV treatment, ROC basis adjustments, and retirement account suitability.

Last verified: 2026-04-23 · yieldmaxetfs.com/distribution-schedule/