YieldMax Universe Fund of Option Income ETFs (YMAX)
YMAX is an actively managed ETF by YieldMax. YMAX launched on Jan 16, 2024 and has a 1.28% expense ratio.
ETF Info
| Issuer | YieldMax |
|---|---|
| Inception Date | Jan 16, 2024 |
| Category | Large Cap Blend Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Expense Ratio
YMAX has a high expense ratio of 1.28%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: YMAX vs. YMAG, YMAX vs. QDTE, YMAX vs. FEPI, YMAX vs. ULTY, YMAX vs. XDTE, YMAX vs. JEPQ, YMAX vs. ZIVB, YMAX vs. NVDY, YMAX vs. GIFMX, YMAX vs. QQQY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in YieldMax Universe Fund of Option Income ETFs, 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 | 25.45% |
| 1 month | 7.29% | 2.91% |
| 6 months | 10.48% | 14.05% |
| 1 year | N/A | 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 YMAX, 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 | 1.51% | 9.47% | 3.29% | -5.23% | 4.67% | 0.61% | -0.32% | -2.56% | 3.10% | 0.73% | 24.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for YieldMax Universe Fund of Option Income ETFs (YMAX) 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 Universe Fund of Option Income ETFs provided a 33.41% dividend yield over the last twelve months, with an annual payout of $6.05 per share.
| Period | TTM |
|---|---|
| Dividend | $6.05 |
Dividend yield | 33.41% |
Monthly Dividends
The table displays the monthly dividend distributions for YieldMax Universe Fund of Option Income ETFs. 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 | $0.53 | $0.57 | $0.63 | $0.73 | $0.73 | $0.65 | $0.59 | $0.45 | $1.04 | $0.12 | $6.05 |
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 Universe Fund of Option Income ETFs. 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 Universe Fund of Option Income ETFs was 12.78%, occurring on Aug 5, 2024. Recovery took 60 trading sessions.
The current YieldMax Universe Fund of Option Income ETFs drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.78% | Jul 16, 2024 | 15 | Aug 5, 2024 | 60 | Oct 29, 2024 | 75 |
| -7.8% | Apr 12, 2024 | 6 | Apr 19, 2024 | 21 | May 20, 2024 | 27 |
| -3% | Feb 16, 2024 | 3 | Feb 21, 2024 | 1 | Feb 22, 2024 | 4 |
| -2.95% | Oct 30, 2024 | 4 | Nov 4, 2024 | 2 | Nov 6, 2024 | 6 |
| -2.48% | Jun 13, 2024 | 7 | Jun 24, 2024 | 9 | Jul 8, 2024 | 16 |
Volatility
Volatility Chart
The current YieldMax Universe Fund of Option Income ETFs volatility is 5.63%, 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.