PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
YieldMax META Option Income ETF (FBY)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

CUSIP

88634T816

Issuer

YieldMax

Inception Date

Jul 27, 2023

Leveraged

1x

Index Tracked

No Index (Active)

Distribution Policy

Distributing

Asset Class

Alternatives

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FBY vs. CONY FBY vs. MSTY FBY vs. AMDY FBY vs. JPMO FBY vs. ULTY FBY vs. XOMO FBY vs. MRNY FBY vs. CN FBY vs. AMZY FBY vs. META
Popular comparisons:
FBY vs. CONY FBY vs. MSTY FBY vs. AMDY FBY vs. JPMO FBY vs. ULTY FBY vs. XOMO FBY vs. MRNY FBY vs. CN FBY vs. AMZY FBY vs. META

Performance

Performance Chart

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


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
19.83%
12.14%
FBY (YieldMax META Option Income ETF)
Benchmark (^GSPC)

Returns By Period

YieldMax META Option Income ETF had a return of 39.18% year-to-date (YTD) and 45.92% in the last 12 months.


FBY

YTD

39.18%

1M

0.74%

6M

23.20%

1Y

45.92%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20245.73%13.57%0.80%-11.31%6.17%4.89%-6.20%12.13%7.79%2.99%39.18%
2023-1.25%-6.05%3.29%3.11%8.56%7.81%15.65%

Expense Ratio

FBY has a high expense ratio of 0.99%, indicating higher-than-average management fees.


Expense ratio chart for FBY: 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%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FBY is 64, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of FBY is 6464
Combined Rank
The Sharpe Ratio Rank of FBY is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FBY is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FBY is 6666
Omega Ratio Rank
The Calmar Ratio Rank of FBY is 7676
Calmar Ratio Rank
The Martin Ratio Rank of FBY is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for YieldMax META Option Income ETF (FBY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FBY, currently valued at 1.85, compared to the broader market0.002.004.001.852.54
The chart of Sortino ratio for FBY, currently valued at 2.40, compared to the broader market-2.000.002.004.006.008.0010.002.403.40
The chart of Omega ratio for FBY, currently valued at 1.36, compared to the broader market0.501.001.502.002.503.001.361.47
The chart of Calmar ratio for FBY, currently valued at 3.16, compared to the broader market0.005.0010.0015.003.163.66
The chart of Martin ratio for FBY, currently valued at 9.21, compared to the broader market0.0020.0040.0060.0080.00100.009.2116.26
FBY
^GSPC

The current YieldMax META Option Income ETF Sharpe ratio is 1.85. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of YieldMax META Option Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
1.85
2.54
FBY (YieldMax META Option Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

YieldMax META Option Income ETF provided a 56.06% dividend yield over the last twelve months, with an annual payout of $10.49 per share.


8.31%$0.00$0.50$1.00$1.50$2.002023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$10.49$1.81

Dividend yield

56.06%8.31%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.99$1.18$1.18$1.17$0.90$0.69$0.70$0.79$0.53$0.92$0.84$9.89
2023$0.28$0.45$0.48$0.60$1.81

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.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.61%
-0.88%
FBY (YieldMax META Option Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the YieldMax META Option Income 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 META Option Income ETF was 15.14%, occurring on Jul 25, 2024. Recovery took 19 trading sessions.

The current YieldMax META Option Income ETF drawdown is 3.61%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.14%Apr 12, 202472Jul 25, 202419Aug 21, 202491
-11.23%Jul 31, 202315Aug 18, 202334Oct 6, 202349
-9.91%Oct 18, 20237Oct 26, 202312Nov 13, 202319
-5.26%Nov 8, 20246Nov 15, 2024
-5.21%Nov 27, 20237Dec 5, 20238Dec 15, 202315

Volatility

Volatility Chart

The current YieldMax META Option Income ETF volatility is 6.41%, 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%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
6.41%
3.96%
FBY (YieldMax META Option Income ETF)
Benchmark (^GSPC)