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

Total Real Returns

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

Growth of $10,000

Thu 2024-02-29💬 to Fri 2026-09-25 Overall
Return 		Exponential
Trendline
ULTY × 		−0.28%
−0.11%/yr 		+1.72%/yr
R2=0.032
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
SPY × 		+44.92%
+15.52%/yr 		+14.96%/yr
R2=0.883
State Street SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2024-02-29💬 to Fri 2026-09-25 Start
Value 		End
Value
ULTY × 		$10,000.00
2024-02-29 		$9,971.83
2026-09-25
SPY × 		$10,000.00
2024-02-29 		$14,491.78
2026-09-25

This Year’s Performance

through 2026-09-25

  YTD YoY
ULTY × 		+7.16% −8.69%
SPY × 		+10.03% +14.57%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
ULTY × 		−11.98%
on 2026-09-25
from 2025-10-09 peak 		−27.64%
on 2025-04-08
from 2024-12-06 peak
SPY × 		−1.00%
on 2026-09-25
from 2026-08-13 peak 		−19.12%
on 2025-04-08
from 2025-02-19 peak

Rolling Returns

Period ending Fri 2026-09-25 1 yr 2 yr 3 yr 5 yr 10 yr
ULTY × 		−8.69% +10.04%
+4.90%/yr 		— — —
SPY × 		+14.57% +29.97%
+14.01%/yr 		+69.57%
+19.25%/yr 		+51.71%
+8.69%/yr 		+200.54%
+11.63%/yr

Annual Returns

Year ULTY SPY
2026 (YTD) +7.16% +10.03%
2025 −5.87% +14.65%
2024 −1.14% +21.39%
2023 — +22.09%
2022 — −23.15%
2021 — +20.27%
2020 — +16.74%
2019 — +28.29%
2018 — −6.35%
2017 — +19.19%
2016 — +9.73%
2015 — +0.50%
2014 — +12.61%
2013 — +30.35%
2012 — +14.01%
2011 — −1.04%
2010 — +13.36%
2009 — +23.01%
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 — +17.24%
1998 — +26.65%
1997 — +31.24%
1996 — +18.63%
1995 — +34.61%
1994 — −2.22%
1993 — +6.22%