YieldMax Bitcoin Option Income Strategy ETF (YBIT)
YBIT is an actively managed ETF by YieldMax. YBIT launched on Apr 22, 2024 and has a 0.99% expense ratio.
ETF Info
| Issuer | YieldMax |
|---|---|
| Inception Date | Apr 22, 2024 |
| Category | Blockchain |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Cryptocurrency |
Expense Ratio
YBIT has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: YBIT vs. YBTC, YBIT vs. BITO, YBIT vs. CONY, YBIT vs. JEPQ, YBIT vs. IBIT, YBIT vs. BTC-USD, YBIT vs. NVDY, YBIT vs. AMZY, YBIT vs. FBTC, YBIT vs. SCHG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in YieldMax Bitcoin 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.48% |
| 1 month | 19.63% | 2.14% |
| 6 months | 5.15% | 12.76% |
| 1 year | N/A | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of YBIT, 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 | -9.29% | 10.89% | -11.45% | 2.82% | -10.99% | 5.63% | -0.35% | 0.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
YieldMax Bitcoin Option Income Strategy ETF provided a 38.11% dividend yield over the last twelve months, with an annual payout of $5.45 per share.
| Period | TTM |
|---|---|
| Dividend | $5.45 |
Dividend yield | 38.11% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.37 | $1.22 | $0.67 | $0.72 | $1.47 | $0.00 | $5.45 |
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 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 29.01%, occurring on Sep 6, 2024. The portfolio has not yet recovered.
The current YieldMax Bitcoin Option Income Strategy ETF drawdown is 4.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.01% | Jun 4, 2024 | 66 | Sep 6, 2024 | — | — | — |
| -10.51% | Apr 24, 2024 | 6 | May 1, 2024 | 15 | May 22, 2024 | 21 |
| -2.78% | May 29, 2024 | 1 | May 29, 2024 | 3 | Jun 3, 2024 | 4 |
| -1.51% | May 23, 2024 | 1 | May 23, 2024 | 2 | May 28, 2024 | 3 |
Volatility
Volatility Chart
The current YieldMax Bitcoin Option Income Strategy ETF volatility is 14.78%, 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.