YieldMax HIMS Option Income Strategy ETF (HIYY) Performance
HIYY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −13.4% since Dec 31, 2025
- 1 year
- −36.6% total return
- Since first price
- −45.7% since 2025
HIYY trailing returns vs SPY, QQQ, AGG
| Period | HIYY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.4% | −8.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −12.9% | −28.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.2% | −37.0% | +7.8% | +8.4% | −1.5% |
| YTD | −13.4% | −56.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −36.6% | −72.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 23, 2025 | −45.7% | −78.0% | — | — | — |
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: HIYY vs SPY
From Sep 23, 2025: HIYY grew to $5,435, SPY to $11,583.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HIYY returns by calendar year
2026 is year to date.
HIYY annual returns table
| Year | HIYY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −13.4% | −57.4% | +12.3% | +15.1% | −1.0% |
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.
HIYY largest drawdowns
Now 50.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 15, 2025 | −74.0% | Mar 3, 2026 | not yet | 5 months | 1.0 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.
HIYY risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −43.0% |
| Volatility (annualized) | 75.3% |
| Sharpe ratio | -0.42 |
| Sortino ratio | -0.58 |
| Best month | +35.4% |
| Worst month | −41.3% |
| Best 12 months | −43.0% |
| Worst 12 months | −43.0% |
| Positive months | 42% |
| 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.
HIYY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | −43.0% | −38.4% | −33.9% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
HIYY performance overview
YieldMax HIMS Option Income Strategy ETF (HIYY) returned −36.6% over the past year, with distributions reinvested. Since its first recorded price on Sep 23, 2025 it has returned −45.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −74.0%, from Oct 15, 2025 to Mar 3, 2026; the fund has not yet regained that high. Volatility has been 75.3% a year.
Related: HIYY chart, HIYY dividends. See the HIYY overview for the latest quote and fund facts.
HIYY performance FAQ
What is the HIYY return over the past year?
HIYY returned −36.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 72.9%.
How much would $10,000 invested in HIYY be worth?
$10,000 invested in HIYY at its first recorded close on September 23, 2025 would be worth about $5,435 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of HIYY?
The largest peak-to-trough decline was −74.0% between October 15, 2025 and March 3, 2026. It has not yet recovered to that high; it is 50.6% below its peak.
How volatile is HIYY?
Over the past history HIYY had an annualized volatility of 75.3% and a Sharpe ratio of -0.42 (excess return over 1–3 month T-bills per unit of risk).