PortfoliosLab logoPortfoliosLab logo
YieldMax MRNA Option Income Strategy ETF (MRNY)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
88634T469
Issuer
YieldMax
Inception Date
Oct 23, 2023
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Alternatives

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in YieldMax MRNA 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.


Loading graphics...

S&P 500 Index

Returns By Period

YieldMax MRNA Option Income Strategy ETF (MRNY) has returned 57.12% so far this year and 52.45% over the past 12 months.


YieldMax MRNA Option Income Strategy ETF

1D
5.03%
1M
-1.27%
YTD
57.12%
6M
66.94%
1Y
52.45%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 24, 2023, MRNY's average daily return is -0.06%, while the average monthly return is -1.45%.

Historically, 40% of months were positive and 60% were negative. The best month was Jan 2026 with a return of +38.8%, while the worst month was Aug 2024 at -30.1%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 8 months.

On a daily basis, MRNY closed higher 50% of trading days. The best single day was Jan 21, 2026 with a return of +13.6%, while the worst single day was Aug 1, 2024 at -20.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202638.78%14.67%-1.27%57.12%
2025-10.46%-19.84%-7.70%0.09%-3.94%6.37%1.80%-17.44%6.24%5.39%-3.62%4.59%-35.72%
2024-0.39%-4.45%13.90%3.28%-4.89%-14.82%4.00%-30.05%-10.50%-14.27%-18.55%-1.36%-59.32%
2023-3.72%-1.39%25.99%19.61%

Benchmark Metrics

YieldMax MRNA Option Income Strategy ETF has an annualized alpha of -31.29%, beta of 1.13, and R² of 0.12 versus S&P 500 Index. Calculated based on daily prices since October 25, 2023.

  • This ETF participated in 125.37% of S&P 500 Index downside but only -44.23% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.12 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-31.29%
Beta
1.13
0.12
Upside Capture
-44.23%
Downside Capture
125.37%

Expense Ratio

MRNY has a high expense ratio of 0.99%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

MRNY ranks 49 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


MRNY Risk / Return Rank: 4949
Overall Rank
MRNY Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
MRNY Sortino Ratio Rank: 6363
Sortino Ratio Rank
MRNY Omega Ratio Rank: 5252
Omega Ratio Rank
MRNY Calmar Ratio Rank: 4747
Calmar Ratio Rank
MRNY Martin Ratio Rank: 2929
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for YieldMax MRNA Option Income Strategy ETF (MRNY) and compare them to a chosen benchmark (S&P 500 Index).


MRNYBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.01

0.90

+0.12

Sortino ratio

Return per unit of downside risk

1.67

1.39

+0.29

Omega ratio

Gain probability vs. loss probability

1.20

1.21

-0.01

Calmar ratio

Return relative to maximum drawdown

1.28

1.40

-0.12

Martin ratio

Return relative to average drawdown

2.54

6.61

-4.06

Explore MRNY risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

YieldMax MRNA Option Income Strategy ETF provided a 87.55% dividend yield over the last twelve months, with an annual payout of $16.26 per share.


0.00%50.00%100.00%150.00%$0.00$20.00$40.00$60.00$80.00$100.00202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$16.26$21.46$93.89$4.13

Dividend yield

87.55%145.98%178.49%1.75%

Monthly Dividends

The table displays the monthly dividend distributions for YieldMax MRNA Option Income Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$1.44$1.31$1.43$4.17
2025$5.24$2.31$1.83$1.26$1.22$1.90$2.00$0.95$0.76$1.92$0.96$1.12$21.46
2024$26.54$5.94$11.31$7.83$9.47$8.45$4.90$4.66$4.79$3.76$4.01$2.22$93.89
2023$4.13$4.13

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.


Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the YieldMax MRNA 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 MRNA Option Income Strategy ETF was 82.15%, occurring on Nov 20, 2025. The portfolio has not yet recovered.

The current YieldMax MRNA Option Income Strategy ETF drawdown is 66.92%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-82.15%May 28, 2024374Nov 20, 2025
-20.83%Jan 9, 202425Feb 13, 202428Mar 25, 202453
-11.09%Oct 25, 202312Nov 9, 202321Dec 11, 202333
-6.19%Mar 28, 20244Apr 3, 20244Apr 9, 20248
-5.64%May 3, 20246May 10, 20243May 15, 20249

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...