Tidal Trust II YieldMax Short T (CRSH) Performance
CRSH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.1% since Dec 31, 2025
- 1 year
- +13.3% total return
- Since first price
- −53.3% since 2024
CRSH trailing returns vs SPY, QQQ, AGG
| Period | CRSH total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.1% | −2.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −10.1% | −21.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.2% | −25.7% | +7.8% | +8.4% | −1.5% |
| YTD | +12.1% | −29.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.3% | −36.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionMay 2, 2024 | −53.3% | −90.9% | — | — | — |
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: CRSH vs SPY
From May 2, 2024: CRSH grew to $4,666, SPY to $15,492.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CRSH returns by calendar year
0 of 1 full years positive. Best 2025 (−13.4%), worst 2025 (−13.4%). 2026 is year to date.
CRSH annual returns table
| Year | CRSH | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.1% | −22.4% | +12.3% | +15.1% | −1.0% |
| 2025 | −13.4% | −48.1% | +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.
CRSH largest drawdowns
Now 55.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 11, 2024 | −63.7% | Dec 16, 2025 | not yet | 1.5 years | 2.4 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CRSH risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −27.2% |
| Volatility (annualized) | 41.8% |
| Sharpe ratio | -0.64 |
| Sortino ratio | -0.79 |
| Best month | +24.2% |
| Worst month | −27.8% |
| Best 12 months | +18.5% |
| Worst 12 months | −48.5% |
| Positive months | 50% |
| 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.
CRSH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 18 | −48.5% | −23.1% | +18.5% | 11% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
CRSH performance overview
Tidal Trust II YieldMax Short T (CRSH) returned +13.3% over the past year, with distributions reinvested. Since its first recorded price on May 2, 2024 it has returned −53.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −63.7%, from Jun 11, 2024 to Dec 16, 2025; the fund has not yet regained that high. Volatility has been 41.8% a year.
Related: CRSH chart, CRSH dividends. See the CRSH overview for the latest quote and fund facts.
CRSH performance FAQ
What is the CRSH return over the past year?
CRSH returned +13.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 36.2%.
How much would $10,000 invested in CRSH be worth?
$10,000 invested in CRSH at its first recorded close on May 2, 2024 would be worth about $4,666 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of CRSH?
The largest peak-to-trough decline was −63.7% between June 11, 2024 and December 16, 2025. It has not yet recovered to that high; it is 55.9% below its peak.
How volatile is CRSH?
Over the past history CRSH had an annualized volatility of 41.8% and a Sharpe ratio of -0.64 (excess return over 1–3 month T-bills per unit of risk).