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 | Tidal |
| Inception Date | Sep 11, 2023 |
| Category | Derivative Income, Actively Managed, Dividend |
| 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
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: JPMO vs. XOMO, JPMO vs. JPM, JPMO vs. FBY, JPMO vs. NVDY
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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.63% | 10.00% |
| 1 month | 2.08% | 2.41% |
| 6 months | 17.83% | 16.70% |
| 1 year | N/A | 26.85% |
| 5 years (annualized) | N/A | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
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 | 2.70% | 5.66% | 5.42% | -5.90% | 9.63% | ||||||||
| 2023 | 0.07% | -4.89% | 5.07% | 5.08% | 5.08% |
Risk-Adjusted Performance
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.
Not enough dataDividends
Dividend History
YieldMax JPM Option Income Strategy ETF granted a 15.16% dividend yield in the last twelve months. The annual payout for that period amounted to $3.02 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $3.02 | $0.97 |
Dividend yield | 15.16% | 4.84% |
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 | $2.05 | |||||||
| 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.
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 9.93%, occurring on Oct 27, 2023. Recovery took 36 trading sessions.
The current YieldMax JPM Option Income Strategy ETF drawdown is 4.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.93% | Oct 16, 2023 | 10 | Oct 27, 2023 | 36 | Dec 19, 2023 | 46 |
| -8.28% | Apr 9, 2024 | 7 | Apr 17, 2024 | — | — | — |
| -2.84% | Sep 19, 2023 | 11 | Oct 3, 2023 | 8 | Oct 13, 2023 | 19 |
| -1.74% | Feb 21, 2024 | 1 | Feb 21, 2024 | 1 | Feb 22, 2024 | 2 |
| -1.55% | Mar 25, 2024 | 1 | Mar 25, 2024 | 2 | Mar 27, 2024 | 3 |
Volatility
Volatility Chart
The current YieldMax JPM Option Income Strategy ETF volatility is 2.79%, 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.