# YMAX ETF returns, drawdowns and dividends

> YMAX (YieldMax Universe Fund of Option Income ETFs): 1-year total return -5.38%, price return -42.45%, max drawdown 43.14%, trailing yield 61.88%. Daily data through Oct. 26, 2026.

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

YieldMax Universe Fund of Option Income ETFs (option income ETF). Total assets: $364M, average daily dollar volume $7.9M (3 months), as of 2026-10-26 (Yahoo Finance; fund net assets, all share classes).

YMAX lost 5.38% over the past year with dividends reinvested (-42.45% on price alone), based on closing prices through Oct. 26, 2026. Its largest fall from a peak over the past year was 43.14%, and it closed 67.40% below its highest close since Jan. 17, 2024 ($21.87 on March 12, 2024). It pays dividends weekly: $4.41 per share over the last 12 months, a trailing yield of 61.88%. 

## Returns by period

| Period | Since | Total return | Price return |
|---|---|---|---|
| 1 month | 2026-09-25 | -5.31% | -8.24% |
| 3 months | 2026-07-24 | +7.87% | -2.60% |
| 6 months | 2026-04-24 | +5.01% | -16.80% |
| Year to date | 2025-12-31 | +4.49% | -28.56% |
| 1 year | 2025-10-24 | -5.38% | -42.45% |
| 3 years | – | – | – |
| Since first close | 2024-01-17 | +40.15% (+12.94%/yr) | -64.17% (-30.93%/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 YMAX paid out 35.61% of its starting price in distributions, while its price changed -42.45%. Reinvesting every payment gave a total return of -5.38%. The distributions did not make up for the fall in price, so a holder ended the year with less than they started with, even counting every payment.

## Calendar-year returns

| Year | Total return | Price return |
|---|---|---|
| 2026 (year to date) | +4.49% | -28.56% |
| 2025 | +6.15% | -41.12% |

## Drawdowns

| Measure | Value |
|---|---|
| Max drawdown, 1 year | 43.14% |
| Max drawdown, 3 years | 67.40% |
| Max drawdown, 5 years | 67.40% |
| Highest close since 2024-01-17 | $21.87 on 2024-03-12 (-67.40% from there) |
| 52-week closing range | $7.13 to $12.54 |

Deepest fall in the stored history: 67.40%, from 2024-03-12 to 2026-10-26, not yet recovered.

## Dividends

Trailing 12 months: $4.41 per share in 52 payments, yield 61.88%. Last ex-dividend date: 2026-10-21 ($0.06).

| Year | Dividends per share | Payments |
|---|---|---|
| 2026 (so far) | $3.13 | 42 |
| 2025 | $7.85 | 53 |

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