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

Thu 2024-02-29? to Fri 2025-12-12	YTD Return	TRR Price
ULTY ×	−52.35% 2025-12-12	0.234 TRR 2025-12-12
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
SPY ×	+13.35% 2025-12-12	12.24 TRR 2025-12-12
SPDR S&P 500 ETF Trust Exchange-Traded Fund

---

Returns

Thu 2024-02-29? to Fri 2025-12-12	Overall Return	Exponential Trendline
ULTY ×	−76.60% −55.67%/yr	−52.09%/yr (R2=0.954)
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
SPY ×	+30.21% +15.94%/yr	+14.14%/yr (R2=0.738)
SPDR S&P 500 ETF Trust Exchange-Traded Fund

---

Growth of $10,000

Thu 2024-02-29? to Fri 2025-12-12	Start Value	End Value
ULTY ×	$10,000.00 2024-02-29	$2,340.49 2025-12-12
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
SPY ×	$10,000.00 2024-02-29	$13,021.37 2025-12-12
SPDR S&P 500 ETF Trust Exchange-Traded Fund

---

Annual Returns

Year	ULTY	SPY
2025 (YTD)	−52.35%	+13.35%
2024	−50.88%	+21.39%
2023	—	+22.09%
2022	—	−23.15%
2021	—	+20.27%
2020	—	+16.74%
2019	—	+28.29%
2018	—	−6.35%
2017	—	+19.18%
2016	—	+9.73%
2015	—	+0.50%
2014	—	+12.61%
2013	—	+30.35%
2012	—	+14.01%
2011	—	−1.04%
2010	—	+13.37%
2009	—	+23.00%
2008	—	−36.85%
2007	—	+1.01%
2006	—	+13.00%
2005	—	+1.35%
2004	—	+7.21%
2003	—	+25.82%
2002	—	−23.41%
2001	—	−13.10%
2000	—	−12.70%
1999	—	+17.25%
1998	—	+26.65%
1997	—	+31.24%
1996	—	+18.56%
1995	—	+34.64%
1994	—	−2.21%
1993	—	+6.28%

---

Drawdowns

Thu 2024-02-29? to Fri 2025-12-12	Current Drawdown	Worst Drawdown
ULTY ×	−77.42%	−78.18% 2025-11-20
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
SPY ×	−1.17%	−19.12% 2025-04-08
SPDR S&P 500 ETF Trust Exchange-Traded Fund