All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

PYPY: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

PYPY real return snapshot: after CPI-U inflation, PYPY returned −23.61% over the past year and −10.09% YTD, with dividends reinvested. Since Sep. 26, 2023, PYPY is down −9.00% in real purchasing-power return, or −3.16%/yr, and is currently −42.00% below its real total-return high on Dec. 13, 2024.

Data ending Fri Sep. 4, 2026

Growth of $10,000

Tue 2023-09-26💬 to Fri 2026-09-04 Overall
Return 		Exponential
Trendline
PYPY × 		−9.00%
−3.16%/yr 		−7.93%/yr
R2=0.138
Yieldmax PYPL Option Income Strategy ETF Exchange-Traded Fund

Growth of $10,000 Summary

Tue 2023-09-26💬 to Fri 2026-09-04 Start
Value 		End
Value
PYPY × 		$10,000.00
2023-09-26 		$9,100.11
2026-09-04

This Year’s Performance

through 2026-09-04

  YTD YoY
PYPY × 		−10.09% −23.61%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
PYPY × 		−42.00%
on 2026-09-04
from 2024-12-13 peak 		−55.11%
on 2026-02-12
from 2024-12-13 peak

Rolling Returns

Period ending Fri 2026-09-04 1 yr 2 yr 3 yr 5 yr 10 yr
PYPY × 		−23.61% −28.76%
−15.59%/yr 		— — —

Annual Returns

Year PYPY
2026 (YTD) −10.09%
2025 −31.98%
2024 +39.84%
2023 +6.40%