PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

YieldMax HIMS Option Income Strategy ETF (HIYY) Sharpe Ratio

ETF · Currency in USD · Last updated Jul 12, 2026

YieldMax HIMS Option Income Strategy ETF (HIYY) is an actively managed single-stock-linked income ETF that seeks to generate weekly cash distributions by selling call spreads on Hims & Hers Health Inc (HIMS). The fund does not directly hold HIMS shares; instead it uses standardized exchange-traded and FLEX options collateralized with cash and U.S. Treasurys to construct a synthetic covered-call style exposure. The strategy generates current income and provides capped participation in HIMS price appreciation while leaving investors exposed to the downside of HIMS shares. HIYY pays distributions on a weekly basis and is part of the YieldMax single-stock options income suite issued under the Tidal Trust II umbrella.

Sharpe ratio is not yet available for HIYY. 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 HIMS Option Income Strategy ETF's Sharpe Ratio with other ETFs in the Derivative Income, Options Trading, Health & Biotech Equities category across multiple time periods, showing how HIYY'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 Jul 12, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
LAPRInnovator Premium Income 15 Buffer ETF - April5.18
APRWAllianzIM U.S. Large Cap Buffer20 Apr ETF4.24
BBCVirtus LifeSci Biotech Clinical Trials ETF4.23
APRJInnovator Premium Income 30 Barrier ETF - April4.22
XIMRFT Vest U.S. Equity Buffer & Premium Income ETF - March3.84
XMARFT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March3.82
PBAPPGIM US Large-Cap Buffer 20 ETF - April3.73
AMDYYieldMax AMD Option Income Strategy ETF3.62
JULJInnovator Premium Income 30 Barrier ETF - July3.54
DMARFT Cboe Vest U.S. Equity Deep Buffer ETF - March3.53
HIYYYieldMax HIMS Option Income Strategy ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows HIYY'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 HIYY consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does HIYY fit in your portfolio?

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

Analyze Your Portfolio