YieldMax JPM Option Income Strategy ETF (JPMO)
The ETF aims to generate monthly income through call options on JPM, with a strategy focused on harvesting yields while capping participation in price gains of JPM. The fund's primary goal is to seek current income, with a secondary objective of exposure to JPM's stock price within certain limitations.
ETF Info
| CUSIP | 88634T436 |
|---|---|
| Issuer | YieldMax |
| Inception Date | Sep 11, 2023 |
| Category | Derivative Income, Actively Managed, Dividend |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | www.yieldmaxetfs.com |
| Asset Class | Alternatives |
Expense Ratio
JPMO has a high expense ratio of 1.01%, 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: JPMO vs. XOMO, JPMO vs. FBY, JPMO vs. YMAG, JPMO vs. MSFO, JPMO vs. JPM, JPMO vs. NVDY, JPMO vs. FFRHX, JPMO vs. JEPQ, JPMO vs. AMZY, JPMO vs. jpm
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in YieldMax JPM 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.
Returns By Period
YieldMax JPM Option Income Strategy ETF had a return of 15.88% year-to-date (YTD) and 24.28% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.88% | 25.48% |
| 1 month | 5.59% | 2.14% |
| 6 months | 5.01% | 12.76% |
| 1 year | 24.28% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of JPMO, 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 | 2.71% | 5.67% | 5.42% | -5.90% | 3.06% | -0.88% | 1.10% | 1.87% | -4.97% | 3.24% | 15.88% | ||
| 2023 | 0.07% | -4.89% | 5.07% | 5.08% | 5.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JPMO is 48, 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 JPM Option Income Strategy ETF (JPMO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
YieldMax JPM Option Income Strategy ETF provided a 23.69% dividend yield over the last twelve months, with an annual payout of $4.44 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $4.44 | $0.97 |
Dividend yield | 23.69% | 4.85% |
Monthly Dividends
The table displays the monthly dividend distributions for YieldMax JPM Option Income Strategy 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 | $0.25 | $0.24 | $0.49 | $0.65 | $0.42 | $0.35 | $0.22 | $0.37 | $0.52 | $0.38 | $0.35 | $4.24 | |
| 2023 | $0.25 | $0.52 | $0.20 | $0.97 |
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 JPM 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 JPM Option Income Strategy ETF was 10.64%, occurring on Aug 5, 2024. Recovery took 66 trading sessions.
The current YieldMax JPM Option Income Strategy ETF drawdown is 1.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.64% | Apr 9, 2024 | 82 | Aug 5, 2024 | 66 | Nov 6, 2024 | 148 |
| -9.93% | Oct 16, 2023 | 10 | Oct 27, 2023 | 36 | Dec 19, 2023 | 46 |
| -2.84% | Sep 19, 2023 | 11 | Oct 3, 2023 | 8 | Oct 13, 2023 | 19 |
| -2.84% | Nov 7, 2024 | 1 | Nov 7, 2024 | — | — | — |
| -1.74% | Feb 21, 2024 | 1 | Feb 21, 2024 | 1 | Feb 22, 2024 | 2 |
Volatility
Volatility Chart
The current YieldMax JPM Option Income Strategy ETF volatility is 7.22%, 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.