PYPY Performance — YieldMax PYPL Option Income Strategy ETF
Data updated: 2026-09-28
PYPY returned −1.90% year to date and −16.19% over one year to Jul 2026. Over one year the fund trailed its US Large Blend category average: $100 grew to $84, against $116 for the category. Volatility over the past 12 months was 38.76% a year. In the 12 months to Jul 2026 the fund lost a net $16.6M, and assets reached $13.19M.
PYPY Growth of $100
What $100 invested in YieldMax PYPL Option Income Strategy ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | PYPY | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $84 | $116 |
| Since data start (Sep 2023 – Jul 2026) | $106 | $156 |
PYPY Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −1.90% |
| 1 year | −16.19% |
| 3 years (annualised) | +2.06% |
PYPY Annual Returns
Calendar-year total returns of YieldMax PYPL Option Income Strategy ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −1.90% |
| 2025 | −29.52% |
| 2024 | +44.68% |
| 2023 (Sep–Dec) | +6.08% |
PYPY Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −7.8% | −13.1% | −1.6% | +10.4% | −8.3% | −4.4% | +28.7% | — | — | — | — | — |
| 2025 | +1.8% | −16.2% | −5.4% | +0.7% | +7.7% | +2.6% | −8.0% | +2.2% | −4.1% | +0.2% | −9.7% | −3.6% |
| 2024 | −2.9% | +1.5% | +9.6% | +6.1% | −4.7% | −9.9% | +13.4% | +10.8% | +7.3% | +1.2% | +8.8% | −1.0% |
| 2023 | — | — | — | — | — | — | — | — | −0.2% | −9.6% | +12.0% | +5.0% |
PYPY Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 38.76%
- Best month: +28.73% (Jul 2026)
- Worst month: −13.14% (Feb 2026)
PYPY Fund Flows
Monthly money in and out of YieldMax PYPL Option Income Strategy ETF, from SEC Form N-PORT.
- 12-month net flow: −$16.6M
- 12-month gross sales (incl. reinvestments): $47.1M
- Sales ÷ redemptions: 0.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.5M | $2.3M | −$813K |
| Jun 2026 | $3.7M | $3.1M | $645K |
| May 2026 | $4.8M | $19.3M | −$14.6M |
| Apr 2026 | $0 | $8.5M | −$8.5M |
| Mar 2026 | $27.1M | $13.7M | $13.3M |
| Feb 2026 | $2.2M | $2.1M | $131K |
| Jan 2026 | $0 | $3.0M | −$3.0M |
| Dec 2025 | $0 | $980 | −$980 |
| Nov 2025 | $0 | $3.6M | −$3.6M |
| Oct 2025 | $499K | $5.8M | −$5.3M |
| Sep 2025 | $1.1M | $2.2M | −$1.2M |
| Aug 2025 | $6.3M | $0 | $6.3M |
PYPY Assets Under Management
Net assets of YieldMax PYPL Option Income Strategy ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $13.19M |
| 2026-04-30 | $29.88M |
| 2026-01-31 | $28.76M |
| 2025-10-31 | $47.58M |
| 2025-07-31 | $54.40M |
| 2025-04-30 | $49.90M |
| 2025-01-31 | $61.03M |
| 2024-10-31 | $45.20M |
| 2024-07-31 | $28.47M |
| 2024-04-30 | $17.62M |
| 2024-01-31 | $8.02M |
| 2023-10-31 | $1.35M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.