YieldMax SNOW Option Income Strategy ETF (SNOY) Performance

NYSE Arca: SNOYTotal returns, calendar years, drawdowns and risk since 2024.

SNOY total return

Distributions reinvested · as of Oct 23, 2026
YTD
+44.2%
since Dec 31, 2025
1 year
+28.5%
total return
Since first price
+128.1%
since 2024

SNOY trailing returns vs SPY, QQQ, AGG

SNOY trailing returns
PeriodSNOY total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−4.9%−9.6%−1.0%−5.0%+0.9%
3 months+17.0%−1.0%+3.2%+1.9%−0.4%
6 months+108.0%+41.9%+7.8%+8.4%−1.5%
YTD+44.2%−16.0%+12.3%+15.1%−1.0%
1 year+28.5%−33.2%+14.4%+15.9%−1.1%
Since inceptionJun 11, 2024+128.1%−49.2%———

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: SNOY vs SPY

SNOYS&P 500 (SPY)

From Jun 11, 2024: SNOY grew to $22,809, SPY to $14,571.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

SNOY returns by calendar year

SNOYSPY

1 of 1 full years positive. Best 2025 (+30.7%), worst 2025 (+30.7%). 2026 is year to date.

SNOY annual returns table

SNOY calendar-year returns
YearSNOYLargest dropSPYQQQAGG
2026YTD+44.2%−43.8%+12.3%+15.1%−1.0%
2025+30.7%−26.2%+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

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

SNOY largest drawdowns

Now 11.2% below the high
SNOY largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Nov 3, 2025−50.9%Apr 10, 2026Jun 1, 20265 months7 months
Feb 18, 2025−26.2%Apr 7, 2025May 22, 202548 days3 months
Jul 5, 2024−17.4%Aug 5, 2024Nov 13, 202431 days4 months
Oct 9, 2026−14.5%Oct 16, 2026not yet7 days14 days so far
Dec 4, 2024−14.4%Dec 31, 2024Feb 13, 202527 days2 months
Jul 31, 2025−12.7%Aug 11, 2025Aug 28, 202511 days28 days

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

SNOY risk statistics

SNOY risk statistics
StatisticSince 2024
Annualized return+45.4%
Volatility (annualized)62.7%
Sharpe ratio0.78
Sortino ratio2.35
Best month+72.6%
Worst month−13.5%
Best 12 months+93.2%
Worst 12 months−15.5%
Positive months56%
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.

SNOY rolling returns

SNOY rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year17−15.5%+28.4%+93.2%82%

Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.

SNOY performance overview

YieldMax SNOW Option Income Strategy ETF (SNOY) returned +28.5% over the past year, with distributions reinvested. Since its first recorded price on Jun 11, 2024 it has returned +128.1%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −50.9%, from Nov 3, 2025 to Apr 10, 2026, and it took 52 days to get back to the old high. Volatility has been 62.7% a year.

Related: SNOY chart, SNOY dividends. See the SNOY overview for the latest quote and fund facts.

SNOY performance FAQ

What is the SNOY return over the past year?

SNOY returned +28.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 33.2%.

How much would $10,000 invested in SNOY be worth?

$10,000 invested in SNOY at its first recorded close on June 11, 2024 would be worth about $22,809 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of SNOY?

The largest peak-to-trough decline was −50.9% between November 3, 2025 and April 10, 2026. It recovered to the old high on June 1, 2026, 52 days after the bottom.

How volatile is SNOY?

Over the past history SNOY had an annualized volatility of 62.7% and a Sharpe ratio of 0.78 (excess return over 1–3 month T-bills per unit of risk).