YieldMax Short N100 Option Income Strategy ETF (YQQQ) Performance
YQQQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.8% since Dec 31, 2025
- 1 year
- −1.8% total return
- Since first price
- −16.1% since 2024
YQQQ trailing returns vs SPY, QQQ, AGG
| Period | YQQQ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.3% | +2.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.6% | −4.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.7% | −14.3% | +7.8% | +8.4% | −1.5% |
| YTD | −2.8% | −20.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −1.8% | −23.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 15, 2024 | −16.1% | −50.9% | — | — | — |
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: YQQQ vs SPY
From Aug 15, 2024: YQQQ grew to $8,392, SPY to $14,101.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
YQQQ returns by calendar year
0 of 1 full years positive. Best 2025 (−10.0%), worst 2025 (−10.0%). 2026 is year to date.
YQQQ annual returns table
| Year | YQQQ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −2.8% | −21.8% | +12.3% | +15.1% | −1.0% |
| 2025 | −10.0% | −24.8% | +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.
YQQQ largest drawdowns
Now 23.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 8, 2025 | −29.1% | Jun 15, 2026 | not yet | 1.2 years | 1.5 years so far |
| Sep 6, 2024 | −11.1% | Jan 22, 2025 | Mar 13, 2025 | 5 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
YQQQ risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −10.0% |
| Volatility (annualized) | 15.3% |
| Sharpe ratio | -0.87 |
| Sortino ratio | -1.04 |
| Best month | +7.2% |
| Worst month | −11.4% |
| Best 12 months | −4.4% |
| Worst 12 months | −15.5% |
| Positive months | 36% |
| 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.
YQQQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 15 | −15.5% | −10.0% | +0.9% | 7% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
YQQQ performance overview
YieldMax Short N100 Option Income Strategy ETF (YQQQ) returned −1.8% over the past year, with distributions reinvested. Since its first recorded price on Aug 15, 2024 it has returned −16.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −29.1%, from Apr 8, 2025 to Jun 15, 2026; the fund has not yet regained that high. Volatility has been 15.3% a year.
Related: YQQQ chart, YQQQ dividends. See the YQQQ overview for the latest quote and fund facts.
YQQQ performance FAQ
What is the YQQQ return over the past year?
YQQQ returned −1.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 23.5%.
How much would $10,000 invested in YQQQ be worth?
$10,000 invested in YQQQ at its first recorded close on August 15, 2024 would be worth about $8,392 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of YQQQ?
The largest peak-to-trough decline was −29.1% between April 8, 2025 and June 15, 2026. It has not yet recovered to that high; it is 23.3% below its peak.
How volatile is YQQQ?
Over the past history YQQQ had an annualized volatility of 15.3% and a Sharpe ratio of -0.87 (excess return over 1–3 month T-bills per unit of risk).