Yieldmax PYPL Option Income Strategy ETF (PYPY)
PYPY is an actively managed ETF by YieldMax. PYPY launched on Sep 25, 2023 and has a 1.01% expense ratio.
ETF Info
| Issuer | YieldMax |
|---|---|
| Inception Date | Sep 25, 2023 |
| Category | Derivative Income |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Expense Ratio
PYPY 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: PYPY vs. PYPL, PYPY vs. FLMB, PYPY vs. FKTIX, PYPY vs. CONY, PYPY vs. MSTY, PYPY vs. IQQQ, PYPY vs. NVDY, PYPY vs. VOO, PYPY vs. TSLY, PYPY vs. AVES
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Yieldmax PYPL 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 PYPL Option Income Strategy ETF had a return of 43.26% year-to-date (YTD) and 58.82% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 43.26% | 25.45% |
| 1 month | 5.84% | 2.91% |
| 6 months | 30.34% | 14.05% |
| 1 year | 58.82% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of PYPY, 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 | -2.29% | 1.16% | 9.38% | 6.15% | -5.01% | -9.75% | 13.27% | 10.24% | 7.74% | 1.39% | 43.26% | ||
| 2023 | -0.41% | -9.48% | 12.06% | 5.02% | 6.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PYPY is 66, 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 PYPL Option Income Strategy ETF (PYPY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Yieldmax PYPL Option Income Strategy ETF provided a 42.35% dividend yield over the last twelve months, with an annual payout of $8.05 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $8.05 | $1.14 |
Dividend yield | 42.35% | 5.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Yieldmax PYPL 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 | $0.57 | $0.66 | $0.72 | $0.47 | $0.94 | $0.67 | $0.43 | $0.35 | $1.62 | $1.10 | $0.00 | $7.53 | |
| 2023 | $0.62 | $0.52 | $1.14 |
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 PYPL 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 PYPL Option Income Strategy ETF was 14.70%, occurring on Jul 1, 2024. Recovery took 31 trading sessions.
The current Yieldmax PYPL Option Income Strategy ETF drawdown is 0.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.7% | May 1, 2024 | 42 | Jul 1, 2024 | 31 | Aug 14, 2024 | 73 |
| -12.38% | Oct 5, 2023 | 17 | Oct 27, 2023 | 21 | Nov 28, 2023 | 38 |
| -11.69% | Dec 29, 2023 | 28 | Feb 8, 2024 | 26 | Mar 18, 2024 | 54 |
| -5.72% | Oct 29, 2024 | 4 | Nov 1, 2024 | 6 | Nov 11, 2024 | 10 |
| -4.82% | Apr 10, 2024 | 8 | Apr 19, 2024 | 5 | Apr 26, 2024 | 13 |
Volatility
Volatility Chart
The current Yieldmax PYPL Option Income Strategy ETF volatility is 6.93%, 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.