YieldMax META Option Income ETF (FBY)
The ETF is an actively managed fund that aims to generate monthly income by selling call options on Meta Platforms, Inc. The fund focuses on current income and limited participation in META's stock price gains.
ETF Info
| CUSIP | 88634T816 |
|---|---|
| Issuer | YieldMax |
| Inception Date | Jul 27, 2023 |
| Category | Derivative Income |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | www.yieldmaxetfs.com |
| Asset Class | Alternatives |
Expense Ratio
FBY has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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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. MRNY, FBY vs. XOMO, 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.
Returns By Period
YieldMax META Option Income ETF had a return of 43.20% year-to-date (YTD) and 56.26% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 43.20% | 25.45% |
| 1 month | 2.64% | 2.91% |
| 6 months | 25.90% | 14.05% |
| 1 year | 56.26% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.73% | 13.57% | 0.80% | -11.31% | 6.17% | 4.89% | -6.20% | 12.13% | 7.79% | 2.99% | 43.20% | ||
| 2023 | -1.25% | -6.05% | 3.29% | 3.11% | 8.56% | 7.81% | 15.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FBY is 66, 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.
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.
Dividends
Dividend History
YieldMax META Option Income ETF provided a 54.48% dividend yield over the last twelve months, with an annual payout of $10.49 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $10.49 | $1.81 |
Dividend yield | 54.48% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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 0.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.14% | Apr 12, 2024 | 72 | Jul 25, 2024 | 19 | Aug 21, 2024 | 91 |
| -11.23% | Jul 31, 2023 | 15 | Aug 18, 2023 | 34 | Oct 6, 2023 | 49 |
| -9.91% | Oct 18, 2023 | 7 | Oct 26, 2023 | 12 | Nov 13, 2023 | 19 |
| -5.21% | Nov 27, 2023 | 7 | Dec 5, 2023 | 8 | Dec 15, 2023 | 15 |
| -4.5% | Feb 5, 2024 | 2 | Feb 6, 2024 | 7 | Feb 15, 2024 | 9 |
Volatility
Volatility Chart
The current YieldMax META Option Income ETF volatility is 5.53%, 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.