YieldMax ETFsDerivative IncomePYPY · NYSE Arca

YieldMax PYPL Option Income Strategy ETF (PYPY)

Compare categoryCompare Option Income ETFs Compare with others

Price: $25.90; —12 Nov 2026
Assets: $24.5M; Total net assets
Expense ratio: 1.31%; Category 0.88%
Yield: 4.63%; Trailing distributions

1Y return: -15.4%-22.2%; Category 6.7%
3Y CAGR: 2.0%-13.7%; Category 15.6%
5Y CAGR: —; Category 8.6%

$25.90—12 Nov 2026

Fund

Assets: $24.5M
Expense: 1.31%
Categ. exp: 0.88%
Yield: 4.63%

ReturnFundCateg.

1Y-15.4%6.7%

3Y2.0%15.6%

5Y—8.6%

Launch0.6%—

Loading NAV history…

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	+3.3%	-5.5%	+19.7%	-4.4%	-15.4%	+2.0%	—	—	+0.6%
Derivative Income average	-5.4%	-2.6%	-0.3%	7.7%	6.7%	15.6%	8.6%	8.3%	6.2%
Difference	+8.7%	-3.0%	+20.0%	-12.1%	-22.2%	-13.7%	—	—	-5.6%

Holdings

The 1 largest positions make up 3.6% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	3.58%

Sector allocation

Share of the equity the fund holds.

Financial services100.0%

Asset mix

Bonds86.6%
Stocks10.5%
Other4.6%

Credit quality

Share of the bonds by rating.

US government86.6%

ETF details

Issuer: YieldMax ETFs
Category: Equity · Derivative Income
Ticker: PYPY
Exchange: NYSE Arca
Inception: 25 Sept 2023 (3.1 years)
Structure: Exchange Traded Fund
Expense ratio: 1.31% (category 0.88%)
Holdings turnover: 19% (category 68%)
Distribution yield: 4.63%
Beta, 3 years: 0.62
Total net assets: $24.5M
Average maturity: 9.74 years

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other derivative income ETFs

Other ETFs in the Derivative Income category.

Compare Option Income ETFs