YieldMax ETFsDerivative IncomePYPY · NYSE Arca

YieldMax PYPL Option Income Strategy ETF (PYPY)

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Price: $26.22; —25 Sept 2026
Assets: $23.7M; Total net assets
Expense ratio: 1.31%; Category 0.88%
Yield: 2.42%; Trailing distributions

1Y return: -20.1%-33.7%; Category 13.6%
3Y CAGR: —; Category 18.0%
5Y CAGR: —; Category 9.5%

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YieldMax PYPL Option Income Strategy ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-12.0%	+17.8%	+19.2%	-8.5%	-20.1%	—	—	—	-0.8%
Derivative Income average	1.6%	6.5%	19.5%	10.3%	13.6%	18.0%	9.5%	8.5%	9.4%
Difference	-13.5%	+11.4%	-0.3%	-18.8%	-33.7%	—	—	—	-10.2%

Holdings

The 1 largest positions make up 10.7% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	10.74%

Sector allocation

Share of the equity the fund holds.

Financial services100.0%

Asset mix

Cash44.2%
Bonds37.6%
Other9.3%
Stocks9.0%

Credit quality

Share of the bonds by rating.

US government83.5%

ETF details

Issuer: YieldMax ETFs
Category: Equity · Derivative Income
Ticker: PYPY
Exchange: NYSE Arca
Inception: 25 Sept 2023 (3.0 years)
Structure: Exchange Traded Fund
Expense ratio: 1.31% (category 0.88%)
Holdings turnover: 19% (category 68%)
Distribution yield: 2.42%
Beta, 3 years: 0.00
Total net assets: $23.7M
Average maturity: 9.87 years

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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