# JPO ETF returns, drawdowns and dividends

> JPO (YieldMax JP Option Income Strategy ETF): 1-year total return +8.29%, price return -18.15%, max drawdown 21.31%, trailing yield 30.84%. Daily data through Oct. 26, 2026.

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

YieldMax JP Option Income Strategy ETF (option income ETF). Total assets: $31M, average daily dollar volume $336K (3 months), as of 2026-10-26 (Yahoo Finance; fund net assets, all share classes).

JPO gained 8.29% over the past year with dividends reinvested (-18.15% on price alone), based on closing prices through Oct. 26, 2026. Over the last 3.1 years (since Sept. 12, 2023) it gained 51.96% with dividends reinvested, or +14.35% a year. Its largest fall from a peak over the past year was 21.31%, and it closed 39.12% below its highest close since Sept. 12, 2023 ($21.86 on March 28, 2024). It pays dividends weekly: $4.10 per share over the last 12 months, a trailing yield of 30.84%. 

## Returns by period

| Period | Since | Total return | Price return |
|---|---|---|---|
| 1 month | 2026-09-25 | -1.48% | -2.87% |
| 3 months | 2026-07-24 | -3.51% | -8.84% |
| 6 months | 2026-04-24 | +7.59% | -5.97% |
| Year to date | 2025-12-31 | +3.80% | -16.82% |
| 1 year | 2025-10-24 | +8.29% | -18.15% |
| 3 years | 2023-10-26 | +57.60% (+16.37%/yr) | -30.30% (-11.34%/yr) |
| Since first close | 2023-09-12 | +51.96% (+14.35%/yr) | -33.64% (-12.31%/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 JPO paid out 25.24% of its starting price in distributions, while its price changed -18.15%. Reinvesting every payment gave a total return of +8.29%. 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) | +3.80% | -16.82% |
| 2025 | +22.11% | -11.65% |
| 2024 | +14.12% | -9.61% |

## Drawdowns

| Measure | Value |
|---|---|
| Max drawdown, 1 year | 21.31% |
| Max drawdown, 3 years | 39.71% |
| Max drawdown, 5 years | 39.71% |
| Highest close since 2023-09-12 | $21.86 on 2024-03-28 (-39.12% from there) |
| 52-week closing range | $13.18 to $16.75 |

Deepest fall in the stored history: 39.71%, from 2024-03-28 to 2026-10-23, not yet recovered.

## Dividends

Trailing 12 months: $4.10 per share in 52 payments, yield 30.84%. Last ex-dividend date: 2026-10-22 ($0.05).

| Year | Dividends per share | Payments |
|---|---|---|
| 2026 (so far) | $3.16 | 43 |
| 2025 | $5.46 | 22 |
| 2024 | $4.56 | 12 |

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