JPO ETF — YieldMax JP Option Income Strategy ETF

YieldMax JP Option Income Strategy ETF (JPO)

JPO is an ETF that tracks the JPMorgan Chase (JPM). As of August 19, 2026, its distribution rate is 25.50%, its trailing-12-month yield is 30.58%, its expense ratio is 1.04%. Dividend Vision Distribution Safety Score™ is 54/100 (Caution). Fund total return is 58.7% over the past 2.9 years, 106.5 points behind JPM at 165.2%.

At the current 25.50% distribution rate, a $10,000 investment would generate approximately $2,550 per year, or $212.50 per month on an equivalent basis. Actual weekly payments vary.

YieldMax JP Option Income Strategy ETF is the continuing fund following the rename from JPMO (YieldMax JPM Option Income Strategy ETF), effective 2026-03-02. See JPMO for the fund's history prior to the rename.

JPO performance versus JPM

Data as of August 19, 2026.

Fund total return is 58.7% over the past 2.9 years, 106.5 points behind JPM at 165.2%. Its deepest 1-year drawdown was 14.2%.

JPO key facts

Data as of August 19, 2026.

Distribution Safety Score™

54 · Caution

Safety-Adjusted Yield

13.77%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

05/16/2024

Expense ratio

1.04%

Distribution rate

25.50%

Distribution frequency

Weekly

Trailing yield

30.58%

Last close

$14.70

AUM

$50,485,792

Market cap

$255,860,048

Average volume

21759.0

Last dividend

$0.0721

Ex-dividend date

08/20/2026

Payment date

08/21/2026

Beta

0.7971

How Dividend Vision calculates yield and returns

Distribution rate (25.50%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (30.58%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: YieldMax fund page; Index: JPMorgan Chase (JPM); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

JPO risks and drawbacks

Payments are weekly, so cash flow is lumpy versus a monthly fund. Total return has trailed JPM over the available window. The deepest 1-year drawdown on record here is 14.2%.

Who may consider JPO — and who may not

It is a weaker fit for investors who need monthly cash flow (JPO pays weekly); investors whose main goal is matching JPM total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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