YieldMax MRNA Option Income Strategy ETF (MRNY) Performance
MRNY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +425.1% since Dec 31, 2025
- 1 year
- +446.9% total return
- Since first price
- +64.3% since 2023
MRNY trailing returns vs SPY, QQQ, AGG
| Period | MRNY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +7.5% | −2.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +215.6% | +152.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +224.9% | +111.8% | +7.8% | +8.4% | −1.5% |
| YTD | +425.1% | +159.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +446.9% | +131.6% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 24, 2023 | +64.3% | −81.0% | — | — | — |
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: MRNY vs SPY
From Oct 24, 2023: MRNY grew to $16,433, SPY to $18,602.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MRNY returns by calendar year
0 of 2 full years positive. Best 2025 (−35.7%), worst 2024 (−59.3%). 2026 is year to date.
MRNY annual returns table
| Year | MRNY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +425.1% | −28.8% | +12.3% | +15.1% | −1.0% |
| 2025 | −35.7% | −50.6% | +17.7% | +20.8% | +7.2% |
| 2024 | −59.3% | −70.5% | +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.
MRNY largest drawdowns
Now 16.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 24, 2024 | −82.1% | Nov 20, 2025 | Aug 19, 2026 | 1.5 years | 2.2 years |
| Aug 19, 2026 | −23.4% | Aug 20, 2026 | Sep 22, 2026 | 1 days | 34 days |
| Jan 8, 2024 | −20.8% | Feb 13, 2024 | Mar 25, 2024 | 36 days | 3 months |
| Oct 21, 2026 | −16.4% | Oct 23, 2026 | not yet | 2 days | 2 days so far |
| Oct 24, 2023 | −11.1% | Nov 9, 2023 | Dec 11, 2023 | 16 days | 48 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MRNY risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +19.1% |
| Volatility (annualized) | 99.9% |
| Sharpe ratio | 0.45 |
| Sortino ratio | 1.34 |
| Best month | +144.9% |
| Worst month | −30.0% |
| Best 12 months | +443.7% |
| Worst 12 months | −75.9% |
| Positive months | 46% |
| 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.
MRNY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 25 | −75.9% | −39.3% | +443.7% | 36% |
| 3-year (a year) | 1 | +19.5% | +19.5% | +19.5% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
MRNY performance overview
YieldMax MRNA Option Income Strategy ETF (MRNY) returned +446.9% over the past year, with distributions reinvested. Since its first recorded price on Oct 24, 2023 it has returned +64.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −82.1%, from May 24, 2024 to Nov 20, 2025, and it took 9 months to get back to the old high. Volatility has been 99.9% a year.
Related: MRNY chart, MRNY dividends. See the MRNY overview for the latest quote and fund facts.
MRNY performance FAQ
What is the MRNY return over the past year?
MRNY returned +446.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 131.6%.
How much would $10,000 invested in MRNY be worth?
$10,000 invested in MRNY at its first recorded close on October 24, 2023 would be worth about $16,433 on October 23, 2026 with distributions reinvested.
What was the worst year for MRNY?
The worst calendar year was 2024, with a total return of −59.3%. The best was 2025 at −35.7%.
What is the biggest drawdown of MRNY?
The largest peak-to-trough decline was −82.1% between May 24, 2024 and November 20, 2025. It recovered to the old high on August 19, 2026, 9 months after the bottom.
How volatile is MRNY?
Over the past history MRNY had an annualized volatility of 99.9% and a Sharpe ratio of 0.45 (excess return over 1–3 month T-bills per unit of risk).