0042.HK vs. MSTY

Last updated Jun 5, 2026

0042.HK (NE ELECTRIC) is a stock, while MSTY (YieldMax™ MSTR Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, 0042.HK returned 37.50% vs -61.79% for MSTY. At a correlation of -0.02, they often move in opposite directions.

Performance

0042.HK vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in NE ELECTRIC (0042.HK) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0042.HK is traded in HKD, while MSTY is traded in USD. To make them comparable, the MSTY values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0042.HK achieves a 22.22% return, which is significantly higher than MSTY's -18.00% return.

0042.HK

• 1D: -4.35%
• 1M: -18.52%
• YTD: 22.22%
• 6M: 22.22%
• 1Y: 37.50%
• 3Y*: 2.66%
• 5Y*: -12.94%
• 10Y*: -18.33%

MSTY

• 1D: -6.43%
• 1M: -32.39%
• YTD: -18.00%
• 6M: -27.55%
• 1Y: -61.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

0042.HK vs. MSTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
0042.HK NE ELECTRIC	22.22%	3.85%	9.70%
MSTY YieldMax™ MSTR Option Income Strategy ETF	-18.00%	-42.60%	198.12%

Correlation

The correlation between 0042.HK and MSTY is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Feb 23, 2024	-0.02

Return for Risk

0042.HK vs. MSTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0042.HK

0042.HK Risk / Return Rank: 61
0042.HK Sharpe Ratio Rank: 56
0042.HK Sortino Ratio Rank: 66
0042.HK Omega Ratio Rank: 63
0042.HK Calmar Ratio Rank: 60
0042.HK Martin Ratio Rank: 60

MSTY

MSTY Risk / Return Rank: 2
MSTY Sharpe Ratio Rank: 1
MSTY Sortino Ratio Rank: 1
MSTY Omega Ratio Rank: 1
MSTY Calmar Ratio Rank: 2
MSTY Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0042.HK vs. MSTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NE ELECTRIC (0042.HK) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	0042.HK	MSTY	Difference
Sharpe ratio: Return per unit of total volatility	0.42	-1.02	+1.44
Sortino ratio: Return per unit of downside risk	1.54	-1.74	+3.28
Omega ratio: Gain probability vs. loss probability	1.18	0.81	+0.37
Calmar ratio: Return relative to maximum drawdown	0.84	-0.86	+1.70
Martin ratio: Return relative to average drawdown	1.93	-1.30	+3.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0042.HK vs. MSTY - Sharpe Ratio Comparison

The current 0042.HK Sharpe Ratio is 0.42, which is higher than the MSTY Sharpe Ratio of -1.02. The chart below compares the historical Sharpe Ratios of 0042.HK and MSTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0042.HK	MSTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	-1.02	+1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.22	-0.25

Drawdowns

0042.HK vs. MSTY - Drawdown Comparison

The maximum 0042.HK drawdown since its inception was -94.99%, which is greater than MSTY's maximum drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for 0042.HK and MSTY.

Drawdown Indicators

	0042.HK	MSTY	Difference
Max Drawdown Largest peak-to-trough decline	-94.99%	-71.92%	-23.07%
Max Drawdown (1Y) Largest decline over 1 year	-43.10%	-71.92%	+28.82%
Max Drawdown (3Y) Largest decline over 3 years	-43.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-76.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-94.04%	—	—
Current Drawdown Current decline from peak	-91.29%	-68.04%	-23.25%
Average Drawdown Average peak-to-trough decline	-66.06%	-26.36%	-39.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.58%	47.47%	-28.89%

Volatility

0042.HK vs. MSTY - Volatility Comparison

The current volatility for NE ELECTRIC (0042.HK) is 15.58%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 17.85%. This indicates that 0042.HK experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0042.HK	MSTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.58%	17.85%	-2.27%
Volatility (6M) Calculated over the trailing 6-month period	62.23%	48.90%	+13.33%
Volatility (1Y) Calculated over the trailing 1-year period	87.01%	60.80%	+26.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.21%	71.96%	+4.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.77%	71.96%	-7.19%

Dividends

0042.HK vs. MSTY - Dividend Comparison

0042.HK has not paid dividends to shareholders, while MSTY's dividend yield for the trailing twelve months is around 244.17%.

Position	TTM	2025	2024
0042.HK NE ELECTRIC	0.00%	0.00%	0.00%
MSTY YieldMax™ MSTR Option Income Strategy ETF	244.17%	294.61%	104.56%

Frequently Asked Questions

Can I hold both 0042.HK and MSTY in my portfolio?

0042.HK and MSTY have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.