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YieldMax BABA Option Income Strategy ETF (BABO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
88636R107
Issuer
YieldMax
Inception Date
Aug 7, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in YieldMax BABA Option Income Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

YieldMax BABA Option Income Strategy ETF (BABO) has returned -12.67% so far this year and -6.74% over the past 12 months.


YieldMax BABA Option Income Strategy ETF

1D
2.67%
1M
-10.26%
YTD
-12.67%
6M
-23.73%
1Y
-6.74%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 8, 2024, BABO's average daily return is +0.09%, while the average monthly return is +1.82%. At this rate, your investment would double in approximately 3.2 years.

Historically, 50% of months were positive and 50% were negative. The best month was Feb 2025 with a return of +24.3%, while the worst month was Feb 2026 at -13.4%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.

On a daily basis, BABO closed higher 48% of trading days. The best single day was Aug 29, 2025 with a return of +9.0%, while the worst single day was Apr 4, 2025 at -9.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202612.36%-13.39%-10.26%-12.67%
202510.38%24.28%0.24%-12.43%-2.51%1.97%4.24%8.71%23.94%-4.32%-4.58%-4.34%46.84%
20240.49%19.23%-5.72%-7.46%-4.42%-0.08%

Benchmark Metrics

YieldMax BABA Option Income Strategy ETF has an annualized alpha of 12.14%, beta of 0.76, and R² of 0.12 versus S&P 500 Index. Calculated based on daily prices since August 09, 2024.

  • This ETF captured 161.41% of S&P 500 Index gains and 160.08% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.12 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
12.14%
Beta
0.76
0.12
Upside Capture
161.41%
Downside Capture
160.08%

Expense Ratio

BABO has a high expense ratio of 0.99%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

BABO ranks 9 for risk / return — in the bottom 9% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


BABO Risk / Return Rank: 99
Overall Rank
BABO Sharpe Ratio Rank: 88
Sharpe Ratio Rank
BABO Sortino Ratio Rank: 99
Sortino Ratio Rank
BABO Omega Ratio Rank: 99
Omega Ratio Rank
BABO Calmar Ratio Rank: 88
Calmar Ratio Rank
BABO Martin Ratio Rank: 88
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for YieldMax BABA Option Income Strategy ETF (BABO) and compare them to a chosen benchmark (S&P 500 Index).


BABOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.18

0.90

-1.08

Sortino ratio

Return per unit of downside risk

0.00

1.39

-1.38

Omega ratio

Gain probability vs. loss probability

1.00

1.21

-0.21

Calmar ratio

Return relative to maximum drawdown

-0.23

1.40

-1.63

Martin ratio

Return relative to average drawdown

-0.52

6.61

-7.13

Explore BABO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

YieldMax BABA Option Income Strategy ETF provided a 87.67% dividend yield over the last twelve months, with an annual payout of $9.09 per share.


20.00%30.00%40.00%50.00%60.00%70.00%80.00%90.00%$0.00$2.00$4.00$6.00$8.00$10.00$12.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$9.09$11.30$3.55

Dividend yield

87.67%85.50%20.65%

Monthly Dividends

The table displays the monthly dividend distributions for YieldMax BABA Option Income Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.59$0.43$0.36$1.38
2025$0.91$1.92$0.76$0.66$1.00$0.43$0.38$0.75$0.80$2.59$0.55$0.55$11.30
2024$0.70$1.29$0.83$0.73$3.55

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the YieldMax BABA Option Income Strategy ETF. 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 YieldMax BABA Option Income Strategy ETF was 29.26%, occurring on Apr 8, 2025. Recovery took 107 trading sessions.

The current YieldMax BABA Option Income Strategy ETF drawdown is 26.64%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-29.26%Mar 18, 202516Apr 8, 2025107Sep 11, 2025123
-28.85%Oct 3, 2025116Mar 20, 2026
-26.06%Oct 8, 202465Jan 10, 202524Feb 14, 202589
-9.05%Feb 24, 20251Feb 24, 202515Mar 17, 202516
-6.11%Aug 26, 20243Aug 28, 202410Sep 12, 202413

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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