HOOY ROC Jumped to 98.06% as GMEY and CRSH Fell to 0.00%
HOOY paid a larger weekly distribution while its ROC estimate moved sharply higher. GMEY and CRSH showed the opposite classification move this week.
HOOY paid $0.6056 this week, while its estimated ROC moved from 0.00% to 98.06%. GMEY and CRSH showed the opposite classification move, with both funds moving from high ROC last week to 0.00% ROC this week. These funds were selected because they show the clearest ROC classification split in this week's official announcement.
What return of capital means here
ROC stands for Return of Capital. It tells the reader how the issuer is classifying the announced distribution, not whether the fund was good or bad for the week. The cash distribution and the ROC estimate answer different questions, so they need to be read together. In this type of weekly review, ROC is useful because it adds a second layer to the payout number: what was announced, and how that announced amount was labeled.
This week's move: HOOY
HOOY was the lead fund this week because both parts of the distribution story moved at the same time. Its distribution per share increased from $0.3389 to $0.6056, a 78.7% increase from the prior week. At the same time, its ROC estimate moved from 0.00% to 98.06%. A reader who only looks at the cash amount sees a larger weekly payment. A reader who also checks ROC sees that nearly all of this week's announced distribution was estimated as return of capital. That is the core reading for HOOY: the payout line became larger, but the classification also shifted sharply. HOOY's Distribution Rate was 105.56%, and its 30-Day SEC Yield was 1.99%. Those two figures are not the same thing. The Distribution Rate describes the announced distribution in relation to the fund's market price using the issuer's stated method. The 30-Day SEC Yield is a separate standardized yield figure. The plain read is that HOOY had the largest selected classification move: a bigger cash amount and a much higher ROC estimate in the same announcement.
The other side of the move
GMEY and CRSH moved in the other direction. GMEY paid $0.2752 this week, down from $0.3192 last week, while its ROC estimate moved from 96.05% to 0.00%. CRSH paid $0.1926, compared with $0.1943 last week, while its ROC estimate moved from 94.26% to 0.00%. That contrast is useful because it shows that the ROC column can change even when the cash amount does not move in the same way. GMEY and CRSH were classified as income rather than return of capital this week, while HOOY moved into a high-ROC classification. For a normal reader, that makes the table easier to understand: HOOY is the high-ROC example, and GMEY and CRSH are the income-classified counterparts.
Selected distributions
| Ticker | Per share | Dist. rate | 30-day SEC yield | ROC | ROC prior | What it shows |
|---|---|---|---|---|---|---|
| HOOY | $0.6056 | 105.56% | 1.99% | 98.06% | 0.00% | Payout came mostly classified as Return of Capital this week. |
| GMEY | $0.2752 | 50.46% | 2.35% | 0.00% | 96.05% | Distribution classified as income rather than Return of Capital this week. |
| CRSH | $0.1926 | 47.87% | 2.77% | 0.00% | 94.26% | Distribution classified as income rather than Return of Capital this week. |
- GMEY (ROC 0.00%): GMEY moved from 96.05% ROC to 0.00% ROC while its distribution per share changed from $0.3192 to $0.2752.
- CRSH (ROC 0.00%): CRSH moved from 94.26% ROC to 0.00% ROC while its distribution per share changed from $0.1943 to $0.1926.
Read the table from left to right. Start with distribution per share because that is the cash amount announced for the week. Then compare the current ROC estimate with the prior-week ROC estimate. Use Distribution Rate and 30-Day SEC Yield only as context. They are not payout guarantees, and they are not the same as total return. The plain-read column is there to keep the table from becoming just a list of numbers.
How to read these official figures
The main separation is cash amount versus classification. The distribution per share tells the reader what was announced for the week. The ROC estimate tells the reader how that announced amount is being classified. A higher distribution does not automatically mean a better result, and a high ROC estimate does not automatically mean failure. This separation keeps the article focused on the official distribution notice rather than a market story.
What to check next week
For the next announcement, compare the same three items: distribution per share, ROC percentage, and Distribution Rate. The useful check is simple: read the new cash amount first, then read the new ROC estimate beside the prior-week figure. Do not turn one week into a pattern by itself. Read the weekly payout and the ROC estimate together.
Data scope
This review uses the official YieldMax Group 2 distribution announcement dated June 3, 2026, with the prior-week figures from the same fund group for comparison. The public discussion is limited to the selected funds shown in the table: HOOY, GMEY, and CRSH.