YieldMax ARKK Option Income Strategy ETF (OARK) Performance
OARK total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.7% since Dec 31, 2025
- 1 year
- −5.2% total return
- 3 years
- +19.2% a year
- Since first price
- +10.8% a year since 2022
OARK trailing returns vs SPY, QQQ, AGG
| Period | OARK total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.1% | −9.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.2% | −3.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.0% | −16.1% | +7.8% | +8.4% | −1.5% |
| YTD | +5.7% | −24.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −5.2% | −38.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +69.3%+19.2%/yr | −55.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionNov 25, 2022 | +49.2%+10.8%/yr | −72.8% | — | — | — |
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: OARK vs SPY
From Nov 25, 2022: OARK grew to $14,919, SPY to $19,895.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
OARK returns by calendar year
3 of 3 full years positive. Best 2025 (+20.4%), worst 2024 (+7.3%). 2026 is year to date.
OARK annual returns table
| Year | OARK | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.7% | −18.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.4% | −35.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.3% | −18.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.1% | −27.2% | +26.2% | +54.9% | +5.7% |
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.
OARK largest drawdowns
Now 9.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2025 | −35.5% | Apr 8, 2025 | Jul 9, 2025 | 53 days | 5 months |
| Jul 31, 2023 | −27.2% | Oct 27, 2023 | Nov 8, 2024 | 3 months | 1.3 years |
| Oct 27, 2025 | −23.3% | Mar 30, 2026 | Sep 21, 2026 | 5 months | 11 months |
| Feb 2, 2023 | −19.9% | May 2, 2023 | Jul 3, 2023 | 3 months | 5 months |
| Dec 2, 2022 | −18.6% | Dec 28, 2022 | Feb 2, 2023 | 26 days | 2 months |
| Oct 5, 2026 | −10.1% | Oct 16, 2026 | not yet | 11 days | 18 days so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
OARK risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +19.0% | +11.9% |
| Volatility (annualized) | 28.6% | 29.3% |
| Sharpe ratio | 0.60 | 0.38 |
| Sortino ratio | 0.99 | 0.59 |
| Best month | +17.1% | +17.1% |
| Worst month | −11.8% | −12.2% |
| Best 12 months | +53.5% | +53.5% |
| Worst 12 months | −10.5% | −10.6% |
| Positive months | 53% | 52% |
| Beta vs S&P 500 | 1.69 | — |
| Correlation with S&P 500 | 0.73 | — |
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.
OARK rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 36 | −10.6% | +13.8% | +53.5% | 78% |
| 3-year (a year) | 12 | +6.4% | +14.2% | +20.1% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
OARK performance overview
YieldMax ARKK Option Income Strategy ETF (OARK) returned −5.2% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +10.8% a year, turning $10,000 into about $14,919. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.5%, from Feb 14, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. OARK finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+20.4%) and the worst 2024 (+7.3%). Volatility has been 29.3% a year.
Related: OARK chart, OARK dividends. See the OARK overview for the latest quote and fund facts.
OARK performance FAQ
What is the OARK return over the past year?
OARK returned −5.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 38.8%.
How much would $10,000 invested in OARK be worth?
$10,000 invested in OARK at its first recorded close on November 25, 2022 would be worth about $14,919 on October 23, 2026 with distributions reinvested.
What was the worst year for OARK?
The worst calendar year was 2024, with a total return of +7.3%. The best was 2025 at +20.4%.
What is the biggest drawdown of OARK?
The largest peak-to-trough decline was −35.5% between February 14, 2025 and April 8, 2025. It recovered to the old high on July 9, 2025, 3 months after the bottom.
How volatile is OARK?
Over the past 3 years OARK had an annualized volatility of 28.6% and a Sharpe ratio of 0.60 (excess return over 1–3 month T-bills per unit of risk).