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YieldMax Innovation Option Income Strategy ETF (OA...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US88634T6001

CUSIP

88634T600

Issuer

YieldMax

Inception Date

Nov 22, 2022

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Alternatives

Expense Ratio

OARK has a high expense ratio of 0.99%, indicating higher-than-average management fees.


Expense ratio chart for OARK: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

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:
OARK vs. QQQY OARK vs. TSLY OARK vs. NVDY OARK vs. APLY OARK vs. ARKK OARK vs. FLJH OARK vs. SPY OARK vs. SVOL OARK vs. JEPI OARK vs. ARKF
Popular comparisons:
OARK vs. QQQY OARK vs. TSLY OARK vs. NVDY OARK vs. APLY OARK vs. ARKK OARK vs. FLJH OARK vs. SPY OARK vs. SVOL OARK vs. JEPI OARK vs. ARKF

Performance

Performance Chart

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


-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
21.44%
47.27%
OARK (YieldMax Innovation Option Income Strategy ETF)
Benchmark (^GSPC)

Returns By Period

YieldMax Innovation Option Income Strategy ETF had a return of 11.21% year-to-date (YTD) and 13.24% in the last 12 months.


OARK

YTD

11.21%

1M

5.92%

6M

24.59%

1Y

13.24%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of OARK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-9.93%9.13%2.30%-10.28%-1.56%2.89%3.04%-2.78%6.16%-2.45%16.02%11.21%
20239.54%-5.75%1.84%-7.89%12.66%6.98%8.43%-11.95%-6.52%-9.03%9.58%15.68%20.14%
20223.47%-12.16%-9.11%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of OARK is 34, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of OARK is 3434
Overall Rank
The Sharpe Ratio Rank of OARK is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of OARK is 3333
Sortino Ratio Rank
The Omega Ratio Rank of OARK is 3434
Omega Ratio Rank
The Calmar Ratio Rank of OARK is 4141
Calmar Ratio Rank
The Martin Ratio Rank of OARK is 2828
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for YieldMax Innovation Option Income Strategy ETF (OARK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for OARK, currently valued at 0.56, compared to the broader market0.002.004.000.562.10
The chart of Sortino ratio for OARK, currently valued at 0.90, compared to the broader market-2.000.002.004.006.008.0010.000.902.80
The chart of Omega ratio for OARK, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.39
The chart of Calmar ratio for OARK, currently valued at 0.70, compared to the broader market0.005.0010.0015.000.703.09
The chart of Martin ratio for OARK, currently valued at 1.76, compared to the broader market0.0020.0040.0060.0080.00100.001.7613.49
OARK
^GSPC

The current YieldMax Innovation Option Income Strategy ETF Sharpe ratio is 0.56. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of YieldMax Innovation Option Income Strategy ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.56
2.10
OARK (YieldMax Innovation Option Income Strategy ETF)
Benchmark (^GSPC)

Dividends

Dividend History

YieldMax Innovation Option Income Strategy ETF provided a 41.78% dividend yield over the last twelve months, with an annual payout of $4.53 per share.


45.04%$0.00$1.00$2.00$3.00$4.00$5.00$6.00$7.002023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$4.53$6.55

Dividend yield

41.78%45.04%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.32$0.39$0.46$0.48$0.53$0.40$0.25$0.26$0.30$0.69$0.47$0.00$4.53
2023$0.75$1.09$0.77$0.51$0.37$0.51$0.56$0.68$0.36$0.34$0.38$0.24$6.55

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.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.15%
-2.62%
OARK (YieldMax Innovation Option Income Strategy ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the YieldMax Innovation 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 Innovation Option Income Strategy ETF was 27.24%, occurring on Oct 27, 2023. Recovery took 260 trading sessions.

The current YieldMax Innovation Option Income Strategy ETF drawdown is 4.15%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-27.24%Aug 1, 202363Oct 27, 2023260Nov 8, 2024323
-19.88%Feb 3, 202361May 2, 202342Jul 3, 2023103
-18.57%Dec 5, 202217Dec 28, 202224Feb 2, 202341
-6.46%Nov 12, 20244Nov 15, 20249Nov 29, 202413
-5.65%Dec 18, 20242Dec 19, 2024

Volatility

Volatility Chart

The current YieldMax Innovation Option Income Strategy ETF volatility is 8.03%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.03%
3.79%
OARK (YieldMax Innovation Option Income Strategy ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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