PYPY Dividend Yield

Yieldmax PYPL Option Income Strategy ETF · YieldMax · ETF · weekly payer

$26.68

As of Nov 8, 2026, PYPY (Yieldmax PYPL Option Income Strategy ETF) yields 53.91%, paying $14.38 a share a year in weekly distributions at its $26.68 price. It costs 1.31% a year and manages $24.5M. Over the last 3 years it returned 0.8% a year with distributions reinvested, against 23.3% for the S&P 500.

Dividend yield

53.91%

Paid a Year

$14.38

Expense Ratio

1.31%

Assets

$24.5M

3-Yr Return

0.8%/yr

Frequency

Weekly

Key facts about PYPY

Data as of Nov 8, 2026 · Source: SmarterDividends data

As of Nov 8, 2026, PYPY yields 53.91% and pays about $14.38 a share a year, weekly.
PYPY paid $14.3830 a share in distributions over the 12 months to Nov 8, 2026, in 52 payments.
PYPY's expense ratio is 1.31% a year, or $131.00 on $10,000.
PYPY is an ETF from YieldMax ETFs with $24.5M in assets, started Sep 25, 2023.
Since Sep 2023, PYPY's share price has fallen 74%, and even with every distribution reinvested it lost 7%.

Cite this page

SmarterDividends, "PYPY Dividend Yield, Expense Ratio and Total Return," updated Nov 8, 2026, https://smarterdividends.com/stocks/PYPY

What $10,000 in PYPY became

Change the dates →

From Sep 2023 to Oct 2026, month-end values

Payouts reinvested

$9,281

Payouts taken as cash

$10,586

$7,959 of it cash

S&P 500 (SPY)

$18,331

Since Sep 2023, PYPY's share price has fallen 74%, and even with every distribution reinvested it lost 7%. Its payouts didn't make up for the falling price, the clearest form of NAV erosion.

PYPY total return

A year, through Oct 2026. Total return counts every payout, reinvested; price return doesn't.

Period	Total return	Price return	S&P 500
1 year	−18.0%	−48.3%	+12.0%
3 years	+0.8%	−33.8%	+23.3%

PYPY distributions

Every payment →

Ex-date	Paid	Per share	vs a year earlier
Nov 5, 2026	—	$0.2850	−50.0%
Oct 29, 2026	Oct 30, 2026	$0.1670	−76.0%
Oct 22, 2026	Oct 23, 2026	$0.18	−59.1%
Oct 15, 2026	Oct 16, 2026	$0.1540	−89.1%
Oct 8, 2026	Oct 9, 2026	$0.1270	−90.5%
Oct 1, 2026	Oct 2, 2026	$0.1270	−92.5%
Sep 24, 2026	Sep 25, 2026	$0.1520	−88.9%
Sep 17, 2026	Sep 18, 2026	$0.1570	−90.5%
Sep 10, 2026	Sep 11, 2026	$0.1560	—
Sep 3, 2026	Sep 4, 2026	$0.1510	—
Aug 27, 2026	Aug 28, 2026	$0.2380	—
Aug 20, 2026	Aug 21, 2026	$0.2950	—

What PYPY holds

Top ten holdings and sector weights as the fund reports them.

FGXXX First American Government Obligs X0.2%

Financials100.0%

PYPY questions

What is PYPY's dividend yield?

As of Nov 8, 2026, PYPY yields 53.91%. Over the last 12 months it paid $14.3830 a share in 52 payments, against a $26.68 share price.

How often does PYPY pay dividends?

PYPY pays weekly, 52 times a year.

How much does 100 shares of PYPY pay?

At about $14.3830 a share a year, 100 shares of PYPY pay about $1,438.30 a year, $27.66 each week, before tax.

What is PYPY's expense ratio?

PYPY's expense ratio is 1.31% a year: $131.00 on every $10,000 invested, taken from the fund's assets rather than billed to you.

What is PYPY's total return?

In the year to Oct 2026, PYPY returned -18.0% a year with distributions reinvested, of which -48.3% a year came from the share price. The S&P 500 returned 12.0% a year.

Does PYPY have NAV erosion?

Since Sep 2023, PYPY's share price has fallen 74%, and even with every distribution reinvested it lost 7%. Its payouts didn't make up for the falling price, the clearest form of NAV erosion.

Fund facts

Type: ETF
Issuer: YieldMax
Started: Sep 25, 2023
Expense ratio: 1.31%
Assets: $24.5M
Dividend yield: 53.91%
Paid in the last year: $14.3830 (52 payments)
Last payment: $0.2850 · ex Nov 5, 2026
Beta (3 years): 0.62

Income Calculator

At $14.38 / yr per share

Shares owned

Per payment (weekly)$27.66

Annual$1,438.30

Monthly avg$119.86

Full PYPY dividend calculator →

PYPY total return calculatorAny start year, with or without reinvesting PYPY dividend calculator100 shares pay $1,438.30 a year, $27.66 each week

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Fund facts from the fund's own reports via Yahoo Finance; payments and returns from SmarterDividends records. For information only, not investment advice.