YieldMax BABA Option Income Strategy ETF (BABO) Performance
BABO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −29.5% since Dec 31, 2025
- 1 year
- −36.3% total return
- Since first price
- +3.4% since 2024
BABO trailing returns vs SPY, QQQ, AGG
| Period | BABO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.5% | −12.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −12.2% | −22.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −21.2% | −37.6% | +7.8% | +8.4% | −1.5% |
| YTD | −29.5% | −51.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −36.3% | −60.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 8, 2024 | +3.4% | −68.6% | — | — | — |
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: BABO vs SPY
From Aug 8, 2024: BABO grew to $10,343, SPY to $14,697.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BABO returns by calendar year
1 of 1 full years positive. Best 2025 (+46.8%), worst 2025 (+46.8%). 2026 is year to date.
BABO annual returns table
| Year | BABO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −29.5% | −41.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +46.8% | −29.3% | +17.7% | +20.8% | +7.2% |
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.
BABO largest drawdowns
Now 40.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 2, 2025 | −42.6% | Jun 26, 2026 | not yet | 9 months | 1.1 years so far |
| Mar 17, 2025 | −29.3% | Apr 8, 2025 | Sep 11, 2025 | 22 days | 6 months |
| Oct 7, 2024 | −26.1% | Jan 10, 2025 | Feb 14, 2025 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BABO risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +5.2% |
| Volatility (annualized) | 41.0% |
| Sharpe ratio | 0.21 |
| Sortino ratio | 0.38 |
| Best month | +24.3% |
| Worst month | −18.9% |
| Best 12 months | +49.5% |
| Worst 12 months | −33.6% |
| Positive months | 44% |
| 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.
BABO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 15 | −35.6% | +7.0% | +49.5% | 60% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
BABO performance overview
YieldMax BABA Option Income Strategy ETF (BABO) returned −36.3% over the past year, with distributions reinvested. Since its first recorded price on Aug 8, 2024 it has returned +3.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −42.6%, from Oct 2, 2025 to Jun 26, 2026; the fund has not yet regained that high. Volatility has been 41.0% a year.
Related: BABO chart, BABO dividends. See the BABO overview for the latest quote and fund facts.
BABO performance FAQ
What is the BABO return over the past year?
BABO returned −36.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 60.0%.
How much would $10,000 invested in BABO be worth?
$10,000 invested in BABO at its first recorded close on August 8, 2024 would be worth about $10,343 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of BABO?
The largest peak-to-trough decline was −42.6% between October 2, 2025 and June 26, 2026. It has not yet recovered to that high; it is 40.8% below its peak.
How volatile is BABO?
Over the past history BABO had an annualized volatility of 41.0% and a Sharpe ratio of 0.21 (excess return over 1–3 month T-bills per unit of risk).