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Tidal Trust II - YieldMax Innovation Option Income Strategy ETF is an exchange traded fund launched and managed by Toroso Investments, LLC. The fund is co-managed by Zega Financial, LLC. The fund invests in public equity and fixed income markets of global region. For its equity portion, it invests through derivatives in stocks of companies operating across information technology, disruptive innovation, genomics, innovation in automation and manufacturing, transportation, energy, artificial intelligence and materials, infrastructure and services sectors. The fund 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. It seeks to benchmark the performance of its portfolio against the S&P 500 Total Return Index. Tidal Trust II - YieldMax Innovation Option Income Strategy ETF was formed on November 22, 2022 and is domiciled in the United States.