FundNYSEARCASmart Betas

YieldMax™ PYPL Option Income Strategy ETF

PYPY NYSE Arca

The value of the Fund, which focuses on an individual security PYPL - Paypal, may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole. The Fund’s strategy will cap its p...

26.20USD
−6.86 (−20.75%) 1 Year · close Oct 30

Hover to inspectDrag to measure a move← → to step through days

Dividend yield
51.19%
Trailing 12 months
Volatility · 1Y
39.4%
High Risk
Beta
1.11
vs the market
52-week range
20.2633.06
01 Performance

How PYPY has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 30
Above Average performance Select a period to update every chart on the page.

Total return vs price return

Price only
+40.6 pts
-40%-20%0%20% PYPY +19.8% Price −20.8%

Over 1 year, PYPY returned +19.8% with dividends reinvested — dividends added +40.6 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
39.4%High Risk

A typical year sees the price swing about ±39% around its trend.

Drawdown from peak

How far below its previous high the price has been
−38.7%
0%-22%−38.7%

Deepest fall −38.7% on Feb 12, 2026 — 101 days after the previous high
More than 5% below a high 96% of the time.

Market sensitivity

Beta
Market moves+10.0%
PYPY tends to move+11.1%

A beta of 1.11 means PYPY has moved more than the market.

Sharpe ratio -0.96 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
26.20
  • 12-day average25.81 +1.5%
  • 26-day average25.66 +2.1%
  • 50-day average25.60 +2.3%
  • 200-day average25.96 +0.9%

The price is above 4 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought63.1

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield51.19%

About 512 USD a year for every 1,000 USD invested at today's price.

Per share
13.41
Last paid
Oct 29, 2026

Last 12 months

13.41 USD / share
0.57Nov 60.45Nov 130.39Nov 200.36Nov 280.63Dec 40.26Dec 110.26Dec 180.28Dec 260.28Jan 20.24Jan 80.24Jan 150.23Jan 220.22Jan 290.17Feb 50.20Feb 120.21Feb 190.22Feb 260.21Mar 50.21Mar 120.27Mar 260.26Apr 20.30Apr 90.32Apr 160.48Apr 230.41Apr 300.34May 70.26May 140.23May 210.18May 280.14Jun 110.14Jun 180.13Jun 250.17Jul 20.59Jul 230.53Jul 300.60Aug 60.53Aug 130.30Aug 200.24Aug 270.15Sep 30.16Sep 100.16Sep 170.15Sep 240.15Oct 10.13Oct 80.15Oct 150.18Oct 220.17Oct 29
05 Themes

Where PYPY shows up

Curated themes and indices that hold PYPY. Open one to see it in context, or test the whole theme in a portfolio.

06 Profile

About YieldMax™ PYPL Option Income Strategy ETF

The value of the Fund, which focuses on an individual security PYPL - Paypal, may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole. The Fund’s strategy will cap its potential gains if PYPL shares increase in value. The Fund’s strategy is subject to all potential losses if PYPL shares decrease in value, which may not be offset by income received by the Fund.

  • Featured in 1 curated theme
Ticker
PYPY
Exchange
NYSE Arca
ISIN
US88634T4519
CUSIP
88634T451
Currency
U.S. Dollar (USD)
Country
USA
Sector
Smart Betas
Industry
Covered Calls
All key statistics

Details

NameYieldMax™ PYPL Option Income Strategy ETF
TickerPYPY
ISINUS88634T4519
CUSIP88634T451
ExchangeNYSEARCA
CategorySmart Betas
Sub CategoryCovered Calls
CountryUSA
CurrencyU.S. Dollar
Inception DateSep 25, 2023
Benchmark-

Shareas of Oct 30, 2026

Close Price USD26.20
52W Low / High 20.26 / 33.06
1Y Total Return18.51%
Above Average
1Y Volatility42.36%
High Risk
Beta1.11
12M Dividends13.4088
Last Dividend DateOct 29, 2026
Dist. Frequency-
Dividend Yield51.19%

Dataas of Nov 2, 2026

AUM-
Discount/Premium-
NAV-
Shares Outstanding-
Volume 20D Avg-
Nbr of Holdings-
Risk Rank-
Net Expense-
Options available-
Next step

Put PYPY to the test

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Test PYPY in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.