PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

YieldMax GME Option Income Strategy ETF (GMEY) Sharpe Ratio

ETF · Currency in USD · Last updated Aug 6, 2026

The YieldMax GME Option Income Strategy ETF (GMEY) is an actively managed fund that seeks current income by employing a synthetic covered call strategy on GameStop Corp. (GME). Rather than owning GME shares directly, the fund uses options collateralized by cash and U.S. Treasurys to generate income while capping participation in GME's price appreciation. Distributions are paid weekly.

Sharpe ratio is not yet available for GMEY. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares YieldMax GME Option Income Strategy ETF's Sharpe Ratio with other ETFs in the Derivative Income category across multiple time periods, showing how GMEY's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Aug 6, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
XYLDGlobal X S&P 500 Covered Call ETF2.71
THTASoFi Enhanced Yield ETF2.65
PBPInvesco S&P 500 BuyWrite ETF2.63
CHPYYieldMax Semiconductor Portfolio Option Income ETF2.61
GOOWRoundhill GOOGL WeeklyPay™ ETF2.52
SOXYYieldMax Target 12™ Semiconductor Option Income ETF2.46
GOOYYieldMax GOOGL Option Income Strategy ETF2.43
AMDWRoundhill AMD WeeklyPay ETF2.40
DJIAGlobal X Dow 30 Covered Call ETF2.38
BALIBlackrock Advantage Large Cap Income ETF2.37
GMEYYieldMax GME Option Income Strategy ETF—
Benchmark

Compare this symbol against anything

Time Period

How much price history to include in the calculation

Historical Sharpe Ratio

The chart shows GMEY's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when GMEY consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does GMEY fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio