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YieldMax Short N100 Option Income Strategy ETF (YQ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
88636J451
Issuer
YieldMax
Inception Date
Aug 14, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in YieldMax Short N100 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.


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S&P 500 Index

Returns By Period

YieldMax Short N100 Option Income Strategy ETF (YQQQ) has returned 11.80% so far this year and -6.57% over the past 12 months.


YieldMax Short N100 Option Income Strategy ETF

1D
-2.73%
1M
6.61%
YTD
11.80%
6M
13.19%
1Y
-6.57%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 15, 2024, YQQQ's average daily return is 0.00%, while the average monthly return is -0.12%.

Historically, 45% of months were positive and 55% were negative. The best month was Mar 2025 with a return of +7.2%, while the worst month was May 2025 at -6.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.

On a daily basis, YQQQ closed higher 49% of trading days. The best single day was Apr 10, 2025 with a return of +4.4%, while the worst single day was Apr 9, 2025 at -9.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.08%3.74%6.61%11.80%
2025-1.73%2.25%7.22%-3.82%-6.56%-3.93%-1.03%-0.48%-2.95%-2.49%1.88%1.92%-9.97%
20240.51%-3.40%1.40%-2.04%-0.52%-4.06%

Benchmark Metrics

YieldMax Short N100 Option Income Strategy ETF has an annualized alpha of 9.60%, beta of -0.86, and R² of 0.79 versus S&P 500 Index. Calculated based on daily prices since August 16, 2024.

  • This ETF tended to rise when S&P 500 Index fell (downside capture of -133.47%), but participation in market rallies was also limited (-47.78%) — a profile typical of counter-cyclical assets.
  • This ETF generated an annualized alpha of 9.60% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of -0.86 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
9.60%
Beta
-0.86
0.79
Upside Capture
-47.78%
Downside Capture
-133.47%

Expense Ratio

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


Return for Risk

Risk / Return Rank

YQQQ ranks 6 for risk / return — in the bottom 6% 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.


YQQQ Risk / Return Rank: 66
Overall Rank
YQQQ Sharpe Ratio Rank: 55
Sharpe Ratio Rank
YQQQ Sortino Ratio Rank: 55
Sortino Ratio Rank
YQQQ Omega Ratio Rank: 44
Omega Ratio Rank
YQQQ Calmar Ratio Rank: 88
Calmar Ratio Rank
YQQQ Martin Ratio Rank: 1010
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 Short N100 Option Income Strategy ETF (YQQQ) and compare them to a chosen benchmark (S&P 500 Index).


YQQQBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.38

0.90

-1.28

Sortino ratio

Return per unit of downside risk

-0.39

1.39

-1.78

Omega ratio

Gain probability vs. loss probability

0.94

1.21

-0.27

Calmar ratio

Return relative to maximum drawdown

-0.25

1.40

-1.64

Martin ratio

Return relative to average drawdown

-0.33

6.61

-6.93

Explore YQQQ risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

YieldMax Short N100 Option Income Strategy ETF provided a 27.35% dividend yield over the last twelve months, with an annual payout of $3.50 per share.


10.00%15.00%20.00%25.00%30.00%$0.00$1.00$2.00$3.00$4.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$3.50$3.85$1.38

Dividend yield

27.35%31.71%7.88%

Monthly Dividends

The table displays the monthly dividend distributions for YieldMax Short N100 Option Income Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.21$0.23$0.30$0.73
2025$0.39$0.25$0.45$0.44$0.44$0.27$0.41$0.24$0.21$0.21$0.34$0.21$3.85
2024$0.42$0.36$0.33$0.27$1.38

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 Short N100 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 Short N100 Option Income Strategy ETF was 24.85%, occurring on Oct 29, 2025. The portfolio has not yet recovered.

The current YieldMax Short N100 Option Income Strategy ETF drawdown is 11.80%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.85%Apr 9, 2025141Oct 29, 2025
-11.11%Sep 9, 202493Jan 22, 202535Mar 13, 2025128
-3.27%Mar 19, 20255Mar 25, 20257Apr 3, 202512
-1.92%Mar 14, 20252Mar 17, 20251Mar 18, 20253
-1.53%Aug 16, 20244Aug 21, 20241Aug 22, 20245

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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