YieldMaxThematic Income#28 of 36 by YTD

YieldMax MSTR Performance & Distribution Target 25 ETFMSST

1D 1M 3M YTD1Y3Y5YMAX

S&P 500 Compare

$26.38−0.3%

−$0.09 · Nov 6 close

Buy

AUM: $6M
Fee: 0.99%
Yield: 30.1%

Bumpy · 1Y: 5.4×S&P
Volume: 400
NAV: $26.38

52-week range51% below the high

$19.41$54.29

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.3%	−12.6%	+22.5%	−18.5%	—	—	—	−37.2%
Peer average	+2.1%	−10.8%	+1.7%	−11.9%	−20.6%	+66.2%	—	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

MSST in One Breath

MSST Among Thematic Income ETFs

YTD

#1APLYYieldMax+15.9%$109M

#2MSFOYieldMax+9.5%$96.7M

#3AMZYYieldMax+9.5%$222M

#4NVITYieldMax+5.3%$14.9M

#5NVDYYieldMax+1.0%$1.1B

#6NVIIRexshares−0.3%$90.1M

#7PLTYYieldMax−5.9%$305M

#8MSTYYieldMax−14.7%$947M

#11MSSTYieldMax−18.5%$5.9M

End-of-day Nov 9, 2026 · 15 Thematic Income ETFs by YTD

$10,000 in MSST

$10,000 in MSST became

$6,281

In the S&P 500 (VOO)

$11,265

Total return, dividends in · Nov 18, 2025 – Nov 6, 2026 · S&P 500 uses VOO

MSST Returns by Period

Today

YTD

MAX

MSST

−0.3%

−12.6%

+22.5%

−18.5%

—

−37.2%

Peer average

+2.1%

−10.8%

+1.7%

−11.9%

−20.6%

+66.2%

—

S&P 500 · VOO

+0.3%

−5.0%

−4.6%

+8.7%

+9.8%

+80.8%

+71.8%

—

End-of-day Nov 9, 2026 · total return, dividends in · peers = 24 Thematic Income ETFs

MSST’s Thematic Income Rank

YTD

#28of 36
thematic income ETFs

Best · SOXY+28.4%

Average−6.7%

MSST−18.5%

Worst · MST−62.6%

Thematic Income ETFs by YTD return · Nov 9, 2026

MSST Price and 52-Week Range

From the 52-week high

−51.4%

From the 52-week low

+35.9%

Today $26.38 – $26.38

Previous close $26.47

$26.38 now

52-week low$19.4152-week high$54.29

End-of-day Nov 9, 2026 · box = today’s range, dashed = previous close

MSST’s Size vs Its Peers

Today

$5.9M#14 by size of 25 thematic income ETFs

AUM · MSST and the 5 largest peers · Nov 9, 2026

MSST Fee per $100 vs Peers

Today

$0.99a year
per $100

$99 a year on $10,000

MSST$0.99

MSTY$1.03

CONY$1.04

TSLY$1.07

PLTY$1.07

NVDY$1.09

Expense ratio · Thematic Income peers · Nov 9, 2026

Inside MSST

MSST

YieldMax MSTR Performance & Distribution Target 25 ETF

Today

MSST reports no holdings we can show: […]

YieldMax MSST · holdings

How It Compares

MSST

YieldMax MSTR Performance & Distribution Target 25 ETF’s Peers

YTD


NVDY	YieldMaxRead Desk	1.09%	+1.0%	−0.6%	$1.1B
MSTY	YieldMaxRead Desk	1.03%	−14.7%	−44.1%	$947M
TSLY	YieldMaxRead Desk	1.07%	−17.1%	−18.8%	$581M
PLTY	YieldMaxRead Desk	1.07%	−5.9%	−12.2%	$305M
CONY	YieldMaxRead Desk	1.04%	−34.1%	−51.0%	$283M
MSST	YieldMaxThis fundRead Desk	0.99%	−18.5%	new	$6M

Thematic Income peers · YTD and past-year returns · as of Nov 9, 2026 · sorted by AUM

Head to Head

Put MSST head to head with NVDY →

NVDY vs MSST

YTD

NVDYYieldMaxMSSTYieldMax

Year to date

+1.0%

−18.5%

NVDY wins+19.5 pts

Past year

−0.6%

[…]

Level

Fee

1.09%

0.99%

MSST winslower fee

Yield

57.5%

30.1%

NVDY wins+27.4 pts

AUM

$1.1B

$5.9M

NVDY191.9× more

2–1NVDY wins

YieldMax NVDY and YieldMax MSST · year-to-date · as of Nov 9, 2026 · AUM not scored

MSST vs VOO

YTD

MSST · YieldMax MSTR Performance & Distribution Target 25

−18.5%

VOO · S&P 500

+8.7%

Gap

27.2 pts

YieldMax MSST and Vanguard VOO · YTD total return · as of Nov 9, 2026

MSST vs Its Peer Average

YTD

MSSTAvsBPeer average

1D−0.3%+2.1%

1M−12.6%−10.8%

3M+22.5%+1.7%

YTD−18.5%−11.9%

1Y[…]−20.6%

3Y[…]+66.2%

1–3Peer average wins

24 Thematic Income peers · each row scaled to its leader

How Bumpy Is MSST?

View

MSST

How Bumpy

5.4×the S&P 500’s swings

CalmerBumpierS&P 1×MSST

Bumpiest of 7 thematic Income fundsMSST

Other thematic Income funds2.0× to 5.2×

YieldMax MSST · daily swings over the past year vs the S&P 500

MSST

Worst Drop

−57.8%from its Nov 18 high

Still below the high−37.2%

$10,000 at the high is now$6,280

YieldMax MSST · fall from the highest close, past year

MSST

On a Bad Day

3.4×the S&P 500’s fall

MSST’s worst day: Thursday, Feb 5

MSST

−17.2%

S&P 500

−1.2%

Up days44 of every 100

S&P 500 up days52 of every 100

YieldMax MSST · average move on days the S&P 500 fell

MSST

Return for the Bumps

1Y#4 of 7 thematic Income funds

#1AMZYYieldMax

closest to cash

#2NVDYYieldMax

lost money

#3PLTYYieldMax

lost money

#4MSSTYieldMax

lost money

#5TSLYYieldMax

lost money

#6MSTYYieldMax

lost money

#7CONYYieldMax

lost money

Every fund here earned less than cash (3.6%) over the past year; the bars still rank them by return for the bumps.

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.6%

MSST

Cost

Today

$99a year per $10,000

MSST

$99

MSTY

$103

CONY

$104

TSLY

$107

PLTY

$107

NVDY

$109

AMZY

$109

Expense ratio 0.99%, taken from the fund’s value

MSST

Volatility & Beta

72.9%annual volatility

S&P 500 volatility13.5%

Downside volatility48.8%

Beta vs SPY2.73

Correlation vs SPY0.51

Beta rank, lowest first, of 7#7

Daily total returns × √252 · past 243 trading days

MSST

Max Drawdown

−57.8%peak to trough

Peak closeNov 18, 2025

Current drawdown−37.2%

Worst day−17.17% · Feb 5

Closing prices, dividends in

MSST

Up / Down Capture

339%down capture vs SPY

Down days

339%

Up days

262%

S&P 500

100%

Up ÷ down capture0.77

Up days44.4% (S&P 52.3%)

Average daily move on SPY up days and down days

MSST

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
AMZY	−0.06	−0.10	27.1%	−19.6%	1.06	$109
NVDY	−0.29	−0.40	31.7%	−21.8%	1.59	$109
PLTY	−0.42	−0.65	52.8%	−41.4%	1.75	$107
MSST	−0.56	−0.84	72.9%	−57.8%	2.73	$99
TSLY	−0.60	−0.79	38.7%	−31.3%	1.83	$107
MSTY	−0.70	−1.03	70.6%	−63.6%	2.69	$103
CONY	−0.91	−1.29	61.7%	−53.7%	2.46	$104

Sharpe = (return − 3.6% cash) ÷ volatility · Sortino uses downside volatility only

MSST

Trading

Today

0.00%at its holdings’ value

Close$26.38

NAV$26.38

Fee per $10,000$99 a year

Avg. volume 30D752 shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

MSST

Fund Facts

Today

2025launched Nov 17

Tracks[…]

Exchange · CUSIPCBOE · 88636V751

StructureETF

Leverage1x

Cost on $10,000$99 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

YieldMax MSST · fund facts · as of Nov 9, 2026

MSST

Payouts by Year

$0.13per share, Nov 2026

Distribution yield30.1%

PaidEvery week

Latest ex-date · paidNov 3 · Nov 4, 2026

12 payouts added up$1.67 a share

YieldMax MSST · distributions by ex-date · 2025–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Official documents are being connected from SEC EDGAR: […]. Read the issuer’s prospectus before investing.

Trading & Liquidity

Net asset value$26.38

Premium / discount[…]

Median spread · 30D[…]

Volume today400

Average volume · 30D752

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.99%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$99.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 3, 2026	Nov 4, 2026	$0.13
Oct 27, 2026	Oct 28, 2026	$0.14
Oct 20, 2026	Oct 21, 2026	$0.13
Oct 13, 2026	Oct 14, 2026	$0.15
Oct 6, 2026	Oct 7, 2026	$0.16
Sep 29, 2026	Sep 30, 2026	$0.16
Sep 22, 2026	Sep 23, 2026	$0.15
Sep 15, 2026	Sep 16, 2026	$0.13
Sep 9, 2026	Sep 10, 2026	$0.15
Sep 1, 2026	Sep 2, 2026	$0.13
Aug 25, 2026	Aug 26, 2026	$0.13
Aug 18, 2026	Aug 19, 2026	$0.11

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