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Passive income
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Passive income

Last updated Nov 8, 2024

Asset Allocation

QQQY 15%CONY 7%NVDY 5.4%AMZY 4.04%MSTY 1.65%YMAX 20%ULTY 7%QDTE 4.11%USOI 5.65%SVOL 30%AlternativesAlternativesEquityEquityMulti-AssetMulti-AssetVolatilityVolatility
PositionCategory/SectorWeight
AMZY
YieldMax AMZN Option Income Strategy ETF		Options Trading
4.04%
CONY
YieldMax COIN Option Income Strategy ETF		Derivative Income
7%
MSTY
YieldMax™ MSTR Option Income Strategy ETF		Derivative Income
1.65%
NVDY
YieldMax NVDA Option Income Strategy ETF		Options Trading
5.40%
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF		Large Cap Blend Equities
4.11%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF		Options Trading, Dividend
15%
SOXS
Direxion Daily Semiconductor Bear 3x Shares		Leveraged Equities, Leveraged
0.15%
SVOL
Simplify Volatility Premium ETF		Volatility, Actively Managed
30%
ULTY
YieldMax Ultra Option Income Strategy ETF		Derivative Income
7%
USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN		Commodities
5.65%
YMAX
YieldMax Universe Fund of Option Income ETFs		Large Cap Blend Equities
20%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Passive income, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
9.42%
14.56%
Passive income
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Mar 7, 2024, corresponding to the inception date of QDTE

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		25.23%3.86%14.56%36.29%14.10%11.37%
Passive incomeN/A6.63%9.43%N/AN/AN/A
Portfolio components:
SVOL
Simplify Volatility Premium ETF		9.21%2.55%4.13%12.36%N/AN/A
YMAX
YieldMax Universe Fund of Option Income ETFs		N/A5.61%7.99%N/AN/AN/A
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF		11.37%1.15%8.90%19.50%N/AN/A
USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN		11.77%-0.33%-1.04%7.55%-6.71%N/A
ULTY
YieldMax Ultra Option Income Strategy ETF		N/A9.37%5.81%N/AN/AN/A
CONY
YieldMax COIN Option Income Strategy ETF		24.52%36.53%8.05%84.89%N/AN/A
NVDY
YieldMax NVDA Option Income Strategy ETF		119.02%6.03%41.96%138.31%N/AN/A
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF		N/A5.19%19.88%N/AN/AN/A
AMZY
YieldMax AMZN Option Income Strategy ETF		33.52%12.34%5.96%42.53%N/AN/A
MSTY
YieldMax™ MSTR Option Income Strategy ETF		N/A31.36%66.28%N/AN/AN/A
SOXS
Direxion Daily Semiconductor Bear 3x Shares		-66.54%-3.88%-43.60%-81.54%-77.01%-66.38%

Monthly Returns

The table below presents the monthly returns of Passive income, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.95%-4.86%5.16%2.18%-0.49%-1.35%0.92%0.04%10.78%

Expense Ratio

Passive income features an expense ratio of 0.90%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

YMAX
YieldMax Universe Fund of Option Income ETFs
Expense ratio chart for YMAX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
ULTY
YieldMax Ultra Option Income Strategy ETF
Expense ratio chart for ULTY: current value at 1.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.14%
SOXS
Direxion Daily Semiconductor Bear 3x Shares
Expense ratio chart for SOXS: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
Expense ratio chart for QQQY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
CONY
YieldMax COIN Option Income Strategy ETF
Expense ratio chart for CONY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
NVDY
YieldMax NVDA Option Income Strategy ETF
Expense ratio chart for NVDY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
AMZY
YieldMax AMZN Option Income Strategy ETF
Expense ratio chart for AMZY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
MSTY
YieldMax™ MSTR Option Income Strategy ETF
Expense ratio chart for MSTY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF
Expense ratio chart for QDTE: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Expense ratio chart for USOI: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
SVOL
Simplify Volatility Premium ETF
Expense ratio chart for SVOL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Passive income
Sharpe ratio
No data
Sortino ratio
No data
Omega ratio
No data
Calmar ratio
No data
Martin ratio
No data
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.94, compared to the broader market0.002.004.006.002.94
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.93, compared to the broader market-2.000.002.004.006.003.93
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.55, compared to the broader market0.801.001.201.401.601.802.001.55
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.89, compared to the broader market0.002.004.006.008.0010.0012.0014.003.89
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 19.19, compared to the broader market0.0010.0020.0030.0040.0050.0019.19
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
SVOL
Simplify Volatility Premium ETF		1.071.451.271.187.69
YMAX
YieldMax Universe Fund of Option Income ETFs		—————
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF		1.712.011.301.977.02
USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN		0.240.471.060.100.89
ULTY
YieldMax Ultra Option Income Strategy ETF		—————
CONY
YieldMax COIN Option Income Strategy ETF		1.392.041.252.255.22
NVDY
YieldMax NVDA Option Income Strategy ETF		3.303.631.526.5721.85
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF		—————
AMZY
YieldMax AMZN Option Income Strategy ETF		1.932.611.372.598.47
MSTY
YieldMax™ MSTR Option Income Strategy ETF		—————
SOXS
Direxion Daily Semiconductor Bear 3x Shares		-0.80-1.590.82-0.82-1.22

Sharpe Ratio

There is not enough data available to calculate the Sharpe ratio for Passive income. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.

Chart placeholderNot enough data

Dividends

Dividend yield

Passive income provided a 46.44% dividend yield over the last twelve months.

TTM2023202220212020201920182017
Portfolio46.44%12.29%7.91%2.55%3.85%0.97%0.74%0.36%
Portfolio components:
SVOL
Simplify Volatility Premium ETF		16.37%16.37%18.31%4.65%0.00%0.00%0.00%0.00%
YMAX
YieldMax Universe Fund of Option Income ETFs		33.47%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF		83.01%20.64%0.00%0.00%0.00%0.00%0.00%0.00%
USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN		20.52%26.72%42.78%20.48%67.99%17.11%13.08%6.31%
ULTY
YieldMax Ultra Option Income Strategy ETF		80.22%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CONY
YieldMax COIN Option Income Strategy ETF		120.33%16.43%0.00%0.00%0.00%0.00%0.00%0.00%
NVDY
YieldMax NVDA Option Income Strategy ETF		68.56%22.32%0.00%0.00%0.00%0.00%0.00%0.00%
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF		23.05%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AMZY
YieldMax AMZN Option Income Strategy ETF		36.11%9.90%0.00%0.00%0.00%0.00%0.00%0.00%
MSTY
YieldMax™ MSTR Option Income Strategy ETF		64.52%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SOXS
Direxion Daily Semiconductor Bear 3x Shares		8.60%9.21%0.19%0.00%3.55%2.32%0.76%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
Passive income
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Passive income. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Passive income was 12.55%, occurring on Aug 5, 2024. Recovery took 66 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.55%Jul 17, 202414Aug 5, 202466Nov 6, 202480
-6.96%Apr 1, 202415Apr 19, 202421May 20, 202436
-2.22%Jun 13, 20247Jun 24, 20247Jul 3, 202414
-1.37%May 29, 20243May 31, 20243Jun 5, 20246
-1.34%Mar 14, 20241Mar 14, 20244Mar 20, 20245

Volatility

Volatility Chart

The current Passive income volatility is 5.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.54%
3.93%
Passive income
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
USOIMSTYAMZYNVDYSVOLCONYULTYSOXSQQQYQDTEYMAX
USOI1.000.050.080.09-0.030.020.06-0.010.030.010.06
MSTY0.051.000.310.330.370.690.65-0.400.380.440.66
AMZY0.080.311.000.370.530.440.51-0.450.600.630.60
NVDY0.090.330.371.000.440.450.48-0.730.670.680.58
SVOL-0.030.370.530.441.000.490.55-0.570.690.660.65
CONY0.020.690.440.450.491.000.69-0.500.510.560.77
ULTY0.060.650.510.480.550.691.00-0.610.570.630.79
SOXS-0.01-0.40-0.45-0.73-0.57-0.50-0.611.00-0.81-0.85-0.72
QQQY0.030.380.600.670.690.510.57-0.811.000.900.78
QDTE0.010.440.630.680.660.560.63-0.850.901.000.82
YMAX0.060.660.600.580.650.770.79-0.720.780.821.00
The correlation results are calculated based on daily price changes starting from Mar 8, 2024