YieldMax MSTR Option Income Strategy ETF (MSTY) Performance
MSTY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.7% since Dec 31, 2025
- 1 year
- −42.8% total return
- Since first price
- +64.0% since 2024
MSTY trailing returns vs SPY, QQQ, AGG
| Period | MSTY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.6% | −15.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +44.3% | +16.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −15.3% | −44.4% | +7.8% | +8.4% | −1.5% |
| YTD | −4.7% | −51.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −42.8% | −74.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 22, 2024 | +64.0% | −86.3% | — | — | — |
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: MSTY vs SPY
From Feb 22, 2024: MSTY grew to $16,401, SPY to $15,465.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MSTY returns by calendar year
0 of 1 full years positive. Best 2025 (−42.7%), worst 2025 (−42.7%). 2026 is year to date.
MSTY annual returns table
| Year | MSTY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.7% | −54.0% | +12.3% | +15.1% | −1.0% |
| 2025 | −42.7% | −60.7% | +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.
MSTY largest drawdowns
Now 62.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 16, 2025 | −77.4% | Jun 26, 2026 | not yet | 11 months | 1.3 years so far |
| Nov 20, 2024 | −40.8% | Mar 10, 2025 | Jul 10, 2025 | 4 months | 8 months |
| Mar 27, 2024 | −33.2% | May 1, 2024 | Oct 4, 2024 | 35 days | 6 months |
| Mar 4, 2024 | −14.3% | Mar 5, 2024 | Mar 6, 2024 | 1 days | 2 days |
| Mar 15, 2024 | −13.1% | Mar 19, 2024 | Mar 25, 2024 | 4 days | 10 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MSTY risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +15.1% |
| Volatility (annualized) | 79.6% |
| Sharpe ratio | 0.49 |
| Sortino ratio | 0.87 |
| Best month | +70.9% |
| Worst month | −42.0% |
| Best 12 months | +154.0% |
| Worst 12 months | −73.8% |
| Positive months | 45% |
| 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.
MSTY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 21 | −73.8% | −42.7% | +154.0% | 43% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
MSTY performance overview
YieldMax MSTR Option Income Strategy ETF (MSTY) returned −42.8% over the past year, with distributions reinvested. Since its first recorded price on Feb 22, 2024 it has returned +64.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −77.4%, from Jul 16, 2025 to Jun 26, 2026; the fund has not yet regained that high. Volatility has been 79.6% a year.
Related: MSTY chart, MSTY dividends. See the MSTY overview for the latest quote and fund facts.
MSTY performance FAQ
What is the MSTY return over the past year?
MSTY returned −42.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 74.9%.
How much would $10,000 invested in MSTY be worth?
$10,000 invested in MSTY at its first recorded close on February 22, 2024 would be worth about $16,401 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of MSTY?
The largest peak-to-trough decline was −77.4% between July 16, 2025 and June 26, 2026. It has not yet recovered to that high; it is 62.5% below its peak.
How volatile is MSTY?
Over the past history MSTY had an annualized volatility of 79.6% and a Sharpe ratio of 0.49 (excess return over 1–3 month T-bills per unit of risk).