YieldMax TSM Option Income Strategy ETF (TSMY) Performance
TSMY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +32.5% since Dec 31, 2025
- 1 year
- +36.7% total return
- Since first price
- +102.0% since 2024
TSMY trailing returns vs SPY, QQQ, AGG
| Period | TSMY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.6% | −9.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.0% | −8.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.4% | −13.2% | +7.8% | +8.4% | −1.5% |
| YTD | +32.5% | −8.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +36.7% | −12.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 21, 2024 | +102.0% | −29.2% | — | — | — |
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: TSMY vs SPY
From Aug 21, 2024: TSMY grew to $20,200, SPY to $13,911.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TSMY returns by calendar year
1 of 1 full years positive. Best 2025 (+41.0%), worst 2025 (+41.0%). 2026 is year to date.
TSMY annual returns table
| Year | TSMY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +32.5% | −17.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +41.0% | −31.2% | +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
Most years include a sizable fall at some point even when the year ends higher.
TSMY largest drawdowns
Now 11.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 6, 2025 | −31.2% | Apr 8, 2025 | Jun 24, 2025 | 3 months | 6 months |
| Jun 30, 2026 | −17.9% | Jul 29, 2026 | Oct 5, 2026 | 29 days | 3 months |
| Feb 25, 2026 | −15.5% | Mar 30, 2026 | Apr 22, 2026 | 33 days | 56 days |
| Oct 6, 2026 | −13.4% | Oct 22, 2026 | not yet | 16 days | 17 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.
TSMY risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +45.1% |
| Volatility (annualized) | 27.2% |
| Sharpe ratio | 1.37 |
| Sortino ratio | 2.71 |
| Best month | +15.7% |
| Worst month | −11.7% |
| Best 12 months | +105.9% |
| Worst 12 months | +21.7% |
| Positive months | 68% |
| 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.
TSMY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 15 | +21.7% | +54.4% | +105.9% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
TSMY performance overview
YieldMax TSM Option Income Strategy ETF (TSMY) returned +36.7% over the past year, with distributions reinvested. Since its first recorded price on Aug 21, 2024 it has returned +102.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.2%, from Jan 6, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 27.2% a year.
Related: TSMY chart, TSMY dividends. See the TSMY overview for the latest quote and fund facts.
TSMY performance FAQ
What is the TSMY return over the past year?
TSMY returned +36.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 12.7%.
How much would $10,000 invested in TSMY be worth?
$10,000 invested in TSMY at its first recorded close on August 21, 2024 would be worth about $20,200 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TSMY?
The largest peak-to-trough decline was −31.2% between January 6, 2025 and April 8, 2025. It recovered to the old high on June 24, 2025, 3 months after the bottom.
How volatile is TSMY?
Over the past history TSMY had an annualized volatility of 27.2% and a Sharpe ratio of 1.37 (excess return over 1–3 month T-bills per unit of risk).