- CUSIP
- 88636J451
- Issuer
- YieldMax
- Inception Date
- Aug 20, 2024
- Category
- Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
- Assets Under Management
- $123M
Share Price Chart
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Performance
TSMY Performance Chart
YieldMax TSM Option Income Strategy ETF (TSMY) is up 30.4% since the beginning of the year. TSMY is currently trading at $16 per share.
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Returns By Period
YieldMax TSM Option Income Strategy ETF (TSMY) has returned 30.41% so far this year and 77.96% over the past 12 months.
YieldMax TSM Option Income Strategy ETF
- 1D
- -5.99%
- 1M
- 0.97%
- YTD
- 30.41%
- 6M
- 32.21%
- 1Y
- 77.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- -0.21%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
TSMY Monthly Returns History
Based on dividend-adjusted daily data since Aug 21, 2024, TSMY's average daily return is +0.18%, while the average monthly return is +3.28%. At this rate, an investment would double in approximately 1.8 years.
Historically, 65% of months were positive and 35% were negative. The best month was Sep 2025 with a return of +15.7%, while the worst month was Feb 2025 at -10.7%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.
On a daily basis, TSMY closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +8.9%, while the worst single day was Jan 27, 2025 at -13.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.99% | 11.06% | -7.42% | 14.59% | 4.88% | -1.37% | 30.41% | ||||||
| 2025 | 0.65% | -10.65% | -4.96% | 1.00% | 13.91% | 13.18% | 5.36% | -3.02% | 15.70% | 7.00% | -2.83% | 3.07% | 41.00% |
| 2024 | 1.10% | -3.66% | 7.82% | -2.20% | 5.30% | 8.15% |
Benchmark Metrics
YieldMax TSM Option Income Strategy ETF has an annualized alpha of 24.63%, beta of 1.34, and R2 of 0.44 versus S&P 500 Index. Calculated based on daily prices since August 22, 2024.
- This ETF captured 153.47% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -10.08%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.44 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 24.63%
- Beta
- 1.34
- R²
- 0.44
- Upside Capture
- 153.47%
- Downside Capture
- -10.08%
Expense Ratio
TSMY has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
TSMY ranks 86 for risk / return — in the top 86% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for YieldMax TSM Option Income Strategy ETF (TSMY) and compare them to S&P 500 Index.
| TSMY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.36 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.15 | 2.69 | +2.46 |
| Martin ratioReturn relative to average drawdown | 19.03 | 12.34 | +6.68 |
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 TSM Option Income Strategy ETF provided a 56.24% dividend yield over the last twelve months, with an annual payout of $9.18 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $9.18 | $8.82 | $2.61 |
Dividend yield | 56.24% | 56.76% | 13.71% |
Monthly Dividends
The table displays the monthly dividend distributions for YieldMax TSM 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.66 | $0.55 | $0.63 | $0.89 | $0.67 | $0.15 | $3.54 | ||||||
| 2025 | $0.64 | $0.60 | $0.58 | $0.56 | $0.79 | $0.90 | $0.64 | $0.95 | $0.38 | $1.73 | $0.53 | $0.52 | $8.82 |
| 2024 | $1.26 | $0.54 | $0.81 | $2.61 |
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 TSM 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 TSM Option Income Strategy ETF was 31.15%, occurring on Apr 8, 2025. Recovery took 52 trading sessions.
The current YieldMax TSM Option Income Strategy ETF drawdown is 6.14%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -31.15%Apr 2025 | 3mo 1d | 2mo 17d | 5mo 18dJan 2025 - Jun 2025 |
2026 correction2026 | -15.50%Mar 2026 | 1mo 2d | 23d | 1mo 25dFeb 2026 - Apr 2026 |
2024 pullback2024 | -9.11%Nov 2024 | 1mo 10d | 26d | 2mo 6dOct 2024 - Dec 2024 |
2025 pullback2025 | -8.80%Dec 2025 | 6d | 16d | 22dDec 2025 - Jan 2026 |
2025 pullback2025 | -8.41%Nov 2025 | 17d | 19d | 1mo 6dNov 2025 - Dec 2025 |
Drawdown Indicators
| TSMY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.15% | -56.78% | +25.63% |
Max Drawdown (1Y)Largest decline over 1 year | -15.50% | -9.10% | -6.40% |
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 | -6.14% | -2.97% | -3.17% |
Average DrawdownAverage peak-to-trough decline | -5.50% | -10.72% | +5.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 1.97% | +2.22% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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