Tidal Trust II - YieldMax TSM Option Income Strategy ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by ZEGA Financial, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund invests through derivatives in stocks of companies operating across information technology, semiconductors and semiconductor equipment, manufacturing, sales, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks sectors. It employs long/short strategy and uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in short-term U.S. treasury securities. Tidal Trust II - YieldMax TSM Option Income Strategy ETF is domiciled in the United States.