# FIAT ETF returns, drawdowns and dividends

> FIAT (YieldMax Short COIN Option Income Strategy ETF): 1-year total return +50.18%, price return -29.79%, max drawdown 59.18%, trailing yield 107.38%. Daily data through Oct. 26, 2026.

Source: https://findetfstock.com/etf/fiat/ · Prices through: 2026-10-26 · Data: Yahoo Finance daily closes and ex-dividend amounts

YieldMax Short COIN Option Income Strategy ETF (option income ETF). Total assets: $30M, average daily dollar volume $1.1M (3 months), as of 2026-10-26 (Yahoo Finance; fund net assets, all share classes).

FIAT gained 50.18% over the past year with dividends reinvested (-29.79% on price alone), based on closing prices through Oct. 26, 2026. Its largest fall from a peak over the past year was 59.18%, and it closed 92.60% below its highest close since July 11, 2024 ($226.90 on Sept. 5, 2024). It pays dividends weekly: $18.02 per share over the last 12 months, a trailing yield of 107.38%. 

## Returns by period

| Period | Since | Total return | Price return |
|---|---|---|---|
| 1 month | 2026-09-25 | +17.49% | +12.32% |
| 3 months | 2026-07-24 | -4.08% | -18.62% |
| 6 months | 2026-04-24 | +9.87% | -22.96% |
| Year to date | 2025-12-31 | +9.23% | -40.01% |
| 1 year | 2025-10-24 | +50.18% | -29.79% |
| 3 years | – | – | – |
| Since first close | 2024-07-11 | -42.03% (-21.18%/yr) | -91.69% (-66.24%/yr) |

Total return reinvests every dividend at the ex-dividend date close. Price return excludes dividends.

## Did the payouts keep up with the price?

Over the past year FIAT paid out 75.39% of its starting price in distributions, while its price changed -29.79%. Reinvesting every payment gave a total return of +50.18%. The share price fell, but the payouts more than made up for it.

## Calendar-year returns

| Year | Total return | Price return |
|---|---|---|
| 2026 (year to date) | +9.23% | -40.01% |
| 2025 | -24.56% | -70.02% |

## Drawdowns

| Measure | Value |
|---|---|
| Max drawdown, 1 year | 59.18% |
| Max drawdown, 3 years | 93.56% |
| Max drawdown, 5 years | 93.56% |
| Highest close since 2024-07-11 | $226.90 on 2024-09-05 (-92.60% from there) |
| 52-week closing range | $14.61 to $35.79 |

Deepest fall in the stored history: 93.56%, from 2024-09-05 to 2026-09-21, not yet recovered.

## Dividends

Trailing 12 months: $18.02 per share in 52 payments, yield 107.38%. Last ex-dividend date: 2026-10-22 ($0.22).

| Year | Dividends per share | Payments |
|---|---|---|
| 2026 (so far) | $13.72 | 43 |
| 2025 | $49.84 | 21 |

Historical data for research and education, not investment advice. Methodology: https://findetfstock.com/methodology/