- CUSIP
- 88636R560
- Issuer
- YieldMax
- Inception Date
- Feb 5, 2025
- Category
- Derivative Income, S&P 500
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $29M
Share Price Chart
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Performance
SDTY Performance Chart
YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) is up 8.5% since the beginning of the year. SDTY is currently trading at $43 per share.
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Returns By Period
YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) has returned 8.45% so far this year and 25.63% over the past 12 months.
YieldMax S&P 500 0DTE Covered Call Strategy ETF
- 1D
- -0.51%
- 1M
- 4.38%
- YTD
- 8.45%
- 6M
- 8.89%
- 1Y
- 25.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
SDTY Monthly Returns History
Based on dividend-adjusted daily data since Feb 6, 2025, SDTY's average daily return is +0.06%, while the average monthly return is +1.11%. At this rate, an investment would double in approximately 5.2 years.
Historically, 65% of months were positive and 35% were negative. The best month was Apr 2026 with a return of +8.2%, while the worst month was Apr 2025 at -5.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SDTY closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +8.2%, while the worst single day was Apr 4, 2025 at -6.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.84% | -1.33% | -4.59% | 8.18% | 4.70% | -0.12% | 8.45% | ||||||
| 2025 | -2.10% | -5.38% | -5.59% | 7.80% | 5.43% | 2.35% | 0.75% | 3.39% | 2.67% | 0.49% | 0.46% | 9.83% |
Benchmark Metrics
YieldMax S&P 500 0DTE Covered Call Strategy ETF has an annualized alpha of -1.64%, beta of 0.91, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since February 07, 2025.
- This ETF participated in 120.86% of S&P 500 Index downside but only 98.75% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.91 and R2 of 0.91, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.64%
- Beta
- 0.91
- R²
- 0.91
- Upside Capture
- 98.75%
- Downside Capture
- 120.86%
Expense Ratio
SDTY has a high expense ratio of 1.01%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SDTY ranks 72 for risk / return — better than 72% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) and compare them to S&P 500 Index.
| SDTY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.41 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.21 | 2.93 | +0.28 |
| Martin ratioReturn relative to average drawdown | 13.58 | 13.52 | +0.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
YieldMax S&P 500 0DTE Covered Call Strategy ETF provided a 25.97% dividend yield over the last twelve months, with an annual payout of $11.07 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $11.07 | $9.77 |
Dividend yield | 25.97% | 22.00% |
Monthly Dividends
The table displays the monthly dividend distributions for YieldMax S&P 500 0DTE Covered Call 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.72 | $0.96 | $1.12 | $1.27 | $0.84 | $0.21 | $5.12 | ||||||
| 2025 | $0.42 | $0.92 | $1.11 | $1.36 | $0.78 | $0.76 | $0.77 | $0.64 | $0.88 | $1.09 | $1.04 | $9.77 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the YieldMax S&P 500 0DTE Covered Call 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 S&P 500 0DTE Covered Call Strategy ETF was 18.63%, occurring on Apr 21, 2025. Recovery took 62 trading sessions.
The current YieldMax S&P 500 0DTE Covered Call Strategy ETF drawdown is 0.62%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -18.63%Apr 2025 | 2mo 1d | 3mo 1d | 5mo 2dFeb 2025 - Jul 2025 |
2026 pullback2026 | -8.02%Mar 2026 | 2mo | 18d | 2mo 18dJan 2026 - Apr 2026 |
2025 pullback2025 | -4.19%Nov 2025 | 7d | 13d | 20dNov 2025 - Dec 2025 |
2025 pullback2025 | -2.78%Oct 2025 | 1d | 10d | 11dOct 2025 - Oct 2025 |
2025 pullback2025 | -2.50%Dec 2025 | 6d | 6d | 12dDec 2025 - Dec 2025 |
Drawdown Indicators
| SDTY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.63% | -56.78% | +38.15% |
Max Drawdown (1Y)Largest decline over 1 year | -8.02% | -9.10% | +1.08% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.62% | -0.74% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -3.02% | -10.72% | +7.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 1.97% | -0.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with SDTY
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