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ISIN
US88634T4859
CUSIP
88634T485
Issuer
YieldMax
Inception Date
Apr 22, 2024
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Alternatives
Assets Under Management
$37M

Share Price Chart


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Performance

YBIT Performance Chart

YieldMax Bitcoin Option Income Strategy ETF (YBIT) is down 25.1% since the beginning of the year. YBIT is currently trading at $20 per share.


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S&P 500 Index

Returns By Period

YieldMax Bitcoin Option Income Strategy ETF (YBIT) has returned -25.13% so far this year and -34.13% over the past 12 months.


YieldMax Bitcoin Option Income Strategy ETF

1D
2.39%
1M
-12.87%
YTD
-25.13%
6M
-25.74%
1Y
-34.13%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

YBIT Monthly Returns History

Based on dividend-adjusted daily data since Apr 23, 2024, YBIT's average daily return is -0.03%, while the average monthly return is -0.64%.

Historically, 48% of months were positive and 52% were negative. The best month was Nov 2024 with a return of +23.4%, while the worst month was Feb 2026 at -18.7%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, YBIT closed higher 50% of trading days. The best single day was Feb 6, 2026 with a return of +9.3%, while the worst single day was Feb 5, 2026 at -12.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-5.98%-18.72%4.70%7.96%-3.19%-10.47%-25.13%
20257.29%-14.19%0.00%12.52%8.02%3.34%7.35%-7.15%6.15%-4.08%-15.31%-1.88%-2.49%
2024-7.94%10.89%-11.45%2.82%-10.99%5.63%-0.35%23.38%-5.62%1.40%

Benchmark Metrics

YieldMax Bitcoin Option Income Strategy ETF has an annualized alpha of -25.03%, beta of 1.12, and R2 of 0.22 versus S&P 500 Index. Calculated based on daily prices since April 23, 2024.

  • This ETF participated in 178.38% of S&P 500 Index downside but only 12.28% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.22 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
-25.03%
Beta
1.12
0.22
Upside Capture
12.28%
Downside Capture
178.38%

Expense Ratio

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


Return for Risk

Risk / Return Rank

YBIT ranks 2 for risk / return — in the bottom 2% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


YBIT Risk / Return Rank: 22
Overall Rank
YBIT Sharpe Ratio Rank: 22
Sharpe Ratio Rank
YBIT Sortino Ratio Rank: 22
Sortino Ratio Rank
YBIT Omega Ratio Rank: 22
Omega Ratio Rank
YBIT Calmar Ratio Rank: 33
Calmar Ratio Rank
YBIT Martin Ratio Rank: 22
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 Bitcoin Option Income Strategy ETF (YBIT) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


YBITBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.96

Sortino ratioReturn per unit of downside risk

-4.02

Omega ratioGain probability vs. loss probability

0.85

1.37

-0.52

Calmar ratioReturn relative to maximum drawdown

-0.72

2.78

-3.51

Martin ratioReturn relative to average drawdown

-1.29

12.44

-13.73

Dividends

Dividend History

YieldMax Bitcoin Option Income Strategy ETF provided a 98.15% dividend yield over the last twelve months, with an annual payout of $19.31 per share.


60.00%65.00%70.00%75.00%80.00%85.00%90.00%$0.00$10.00$20.00$30.00$40.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$19.31$29.81$37.11

Dividend yield

98.15%88.33%60.00%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$1.41$0.94$1.27$1.41$0.93$0.47$6.43
2025$3.95$2.75$2.18$2.06$4.35$1.66$1.91$2.71$1.38$3.85$1.47$1.55$29.81
2024$6.85$6.08$3.35$3.61$7.35$6.32$3.54$37.11

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 Bitcoin 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 Bitcoin Option Income Strategy ETF was 47.30%, occurring on Jun 5, 2026. The portfolio has not yet recovered.

The current YieldMax Bitcoin Option Income Strategy ETF drawdown is 43.51%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-47.30%Jun 2026
8mo 1d
8mo 19dOct 2025 - now
2024 bear market2024
-29.01%Sep 2024
3mo 4d2mo 14d
5mo 18dJun 2024 - Nov 2024
2025 selloff2025
-22.27%Mar 2025
2mo 22d2mo 4d
4mo 26dDec 2024 - May 2025
2024 correction2024
-10.51%May 2024
7d21d
28dApr 2024 - May 2024
2025 pullback2025
-9.71%Aug 2025
15d1mo 8d
1mo 23dAug 2025 - Oct 2025

Drawdown Indicators


YBITBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-47.30%

-56.78%

+9.48%

Max Drawdown (1Y)

Largest decline over 1 year

-47.30%

-9.10%

-38.20%

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 Drawdown

Current decline from peak

-43.51%

-1.80%

-41.71%

Average Drawdown

Average peak-to-trough decline

-15.75%

-10.71%

-5.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

26.56%

2.03%

+24.53%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with YBIT

Add YieldMax Bitcoin Option Income Strategy ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with YBIT