SEC Company Response from Tidal Trust II (CIK 0001924868) — Nov 20, 2025
Tidal Trust II (CIK 0001924868)
Date: Nov. 20, 2025 · CIK: 0001924868 · Accession: 0001999371-25-018197
AI Filing Summary & Sentiment
File numbers found in text: 333-264478, 811-23793
Letter
VIA EDGAR TRANSMISSION Division of Investment Management, Disclosure Review Office Washington, D.C. 20549 Re: Tidal Trust II (the “Trust”) Post-Effective Amendment No. 375 to the Trust’s Registration Statement on Form N-1A (the “Amendment”) File Nos. 811-23793; 333-264478
Dear Ms. Dubey:
This correspondence responds to comments the Trust received from the staff of the U.S. Securities and Exchange Commission (the “Staff” or the “Commission”) on November 18, 2025, with respect to the registration statement of the YieldMax® SCHD DoubleDiv™ ETF (the “Fund”), a series of the Trust.
The Trust also notes that, as previously discussed with the Staff, it has determined to change the Fund’s name to YieldMax® U.S. Stocks Target Double Distribution ETF. In connection with this revised name, the Trust confirms that the “Target Double Distribution” referenced in the new name is reasonable under current and anticipated market conditions and that the Fund will revise the name/strategy should conditions change such that achieving the target as described in the Fund’s principal investment strategies is no longer reasonable
For your convenience, the comments have been reproduced with responses following each comment. Capitalized terms not otherwise defined have the same meaning as in the Registration Statement.
Prospectus
1. Please revise the Fund’s 80% policy so that it is aligned with the Fund’s name change (i.e., ensure it applies to investments in U.S. stocks rather than investments in the SCHD ETF).
Response: The Trust responds by making the requested revision as provided to the Staff under separate cover.
If you have any questions or require further information, please contact John Hadermayer at (262) 318-8236 or jhadermayer@tidalfg.com.
Sincerely,
/s/
John Hadermayer
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CORRESP
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filename1.htm
Tidal
Trust II
234
West Florida Street, Suite 203
Milwaukee,
Wisconsin 53204
November
20, 2025
VIA
EDGAR TRANSMISSION
Ms.
Anu Dubey
Division
of Investment Management, Disclosure Review Office
U.S.
Securities and Exchange Commission
100
F Street, N.E.
Washington,
D.C. 20549
Re: Tidal
Trust II (the “Trust”)
Post-Effective
Amendment No. 375 to the Trust’s Registration Statement on Form N-1A (the “Amendment”)
File
Nos. 811-23793; 333-264478
Dear
Ms. Dubey:
This
correspondence responds to comments the Trust received from the staff of the U.S. Securities and Exchange Commission (the “Staff”
or the “Commission”) on November 18, 2025, with respect to the registration statement of the YieldMax® SCHD
DoubleDiv™ ETF (the “Fund”), a series of the Trust.
The
Trust also notes that, as previously discussed with the Staff, it has determined to change the Fund’s name to YieldMax®
U.S. Stocks Target Double Distribution ETF. In connection with this revised name, the Trust confirms that the “Target Double
Distribution” referenced in the new name is reasonable under current and anticipated market conditions and that the Fund will revise
the name/strategy should conditions change such that achieving the target as described in the Fund’s principal investment strategies
is no longer reasonable
For
your convenience, the comments have been reproduced with responses following each comment. Capitalized terms not otherwise defined have
the same meaning as in the Registration Statement.
Prospectus
1. Please
revise the Fund’s 80% policy so that it is aligned with the Fund’s name change
(i.e., ensure it applies to investments in U.S. stocks rather than investments in the SCHD
ETF).
Response:
The Trust responds by making the requested revision as provided to the Staff under separate cover.
If
you have any questions or require further information, please contact John Hadermayer at (262) 318-8236 or jhadermayer@tidalfg.com.
Sincerely,
/s/
John Hadermayer
John
Hadermayer
SVP
of Legal Services
Tidal
Investments LLC
1