YieldMax AI Option Income Strategy ETF (AIYY) Performance
AIYY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −24.3% since Dec 31, 2025
- 1 year
- −40.5% total return
- Since first price
- −75.8% since 2023
AIYY trailing returns vs SPY, QQQ, AGG
| Period | AIYY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.8% | +0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +25.1% | +6.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +16.3% | −18.6% | +7.8% | +8.4% | −1.5% |
| YTD | −24.3% | −56.1% | +12.3% | +15.1% | −1.0% |
| 1 year | −40.5% | −69.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionNov 28, 2023 | −75.8% | −96.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AIYY vs SPY
From Nov 28, 2023: AIYY grew to $2,416, SPY to $17,322.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AIYY returns by calendar year
0 of 2 full years positive. Best 2024 (−20.9%), worst 2025 (−59.0%). 2026 is year to date.
AIYY annual returns table
| Year | AIYY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −24.3% | −42.4% | +12.3% | +15.1% | −1.0% |
| 2025 | −59.0% | −62.9% | +17.7% | +20.8% | +7.2% |
| 2024 | −20.9% | −38.6% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AIYY largest drawdowns
Now 77.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 19, 2023 | −81.7% | Jul 24, 2026 | not yet | 2.6 years | 2.8 years so far |
| Dec 1, 2023 | −10.6% | Dec 7, 2023 | Dec 19, 2023 | 6 days | 18 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AIYY risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | −40.6% |
| Volatility (annualized) | 41.2% |
| Sharpe ratio | -1.14 |
| Sortino ratio | -1.32 |
| Best month | +28.5% |
| Worst month | −25.8% |
| Best 12 months | −16.8% |
| Worst 12 months | −62.8% |
| Positive months | 32% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AIYY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 24 | −62.8% | −43.4% | −16.8% | 0% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
AIYY performance overview
YieldMax AI Option Income Strategy ETF (AIYY) returned −40.5% over the past year, with distributions reinvested. Since its first recorded price on Nov 28, 2023 it has returned −75.8%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −81.7%, from Dec 19, 2023 to Jul 24, 2026; the fund has not yet regained that high. Volatility has been 41.2% a year.
Related: AIYY chart, AIYY dividends. See the AIYY overview for the latest quote and fund facts.
AIYY performance FAQ
What is the AIYY return over the past year?
AIYY returned −40.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 69.7%.
How much would $10,000 invested in AIYY be worth?
$10,000 invested in AIYY at its first recorded close on November 28, 2023 would be worth about $2,416 on October 23, 2026 with distributions reinvested.
What was the worst year for AIYY?
The worst calendar year was 2025, with a total return of −59.0%. The best was 2024 at −20.9%.
What is the biggest drawdown of AIYY?
The largest peak-to-trough decline was −81.7% between December 19, 2023 and July 24, 2026. It has not yet recovered to that high; it is 77.1% below its peak.
How volatile is AIYY?
Over the past history AIYY had an annualized volatility of 41.2% and a Sharpe ratio of -1.14 (excess return over 1–3 month T-bills per unit of risk).