ABNY vs. ABNB

Last updated Jun 3, 2026

ABNY (YieldMax ABNB Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while ABNB (Airbnb, Inc.) is a stock. Over the past year, ABNY returned 3.60% vs 3.65% for ABNB. Their correlation of 0.95 suggests significant overlap in exposure.

Performance

ABNY vs. ABNB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax ABNB Option Income Strategy ETF (ABNY) and Airbnb, Inc. (ABNB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABNY achieves a 1.29% return, which is significantly higher than ABNB's -1.01% return.

ABNY

• 1D: -2.10%
• 1M: -4.08%
• YTD: 1.29%
• 6M: 12.23%
• 1Y: 3.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ABNB

• 1D: -2.55%
• 1M: -5.16%
• YTD: -1.01%
• 6M: 13.38%
• 1Y: 3.65%
• 3Y*: 4.40%
• 5Y*: -1.40%
• 10Y*: —

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

ABNY vs. ABNB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ABNY YieldMax ABNB Option Income Strategy ETF	1.29%	-2.05%	-9.41%
ABNB Airbnb, Inc.	-1.01%	3.28%	-12.92%

Correlation

The correlation between ABNY and ABNB is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jun 26, 2024	0.95

The correlation between ABNY and ABNB has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

Return for Risk

ABNY vs. ABNB — Risk / Return Rank

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

ABNY

ABNY Risk / Return Rank: 11
ABNY Sharpe Ratio Rank: 11
ABNY Sortino Ratio Rank: 11
ABNY Omega Ratio Rank: 11
ABNY Calmar Ratio Rank: 12
ABNY Martin Ratio Rank: 11

ABNB

ABNB Risk / Return Rank: 42
ABNB Sharpe Ratio Rank: 45
ABNB Sortino Ratio Rank: 38
ABNB Omega Ratio Rank: 38
ABNB Calmar Ratio Rank: 45
ABNB Martin Ratio Rank: 45

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.

ABNY vs. ABNB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax ABNB Option Income Strategy ETF (ABNY) and Airbnb, Inc. (ABNB). 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.

	ABNY	ABNB	Difference
Sharpe ratio Return per unit of total volatility	0.15	0.13	+0.02
Sortino ratio Return per unit of downside risk	0.36	0.37	-0.01
Omega ratio Gain probability vs. loss probability	1.05	1.05	0.00
Calmar ratio Return relative to maximum drawdown	0.30	0.19	+0.10
Martin ratio Return relative to average drawdown	0.59	0.42	+0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABNY vs. ABNB - Sharpe Ratio Comparison

The current ABNY Sharpe Ratio is 0.15, which is comparable to the ABNB Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of ABNY and ABNB, 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

	ABNY	ABNB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	0.13	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.03	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	-0.03	-0.15

Drawdowns

ABNY vs. ABNB - Drawdown Comparison

The maximum ABNY drawdown since its inception was -31.62%, smaller than the maximum ABNB drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for ABNY and ABNB.

Drawdown Indicators

	ABNY	ABNB	Difference
Max Drawdown Largest peak-to-trough decline	-31.62%	-61.96%	+30.34%
Max Drawdown (1Y) Largest decline over 1 year	-17.87%	-21.54%	+3.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-37.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-60.19%	—
Current Drawdown Current decline from peak	-14.82%	-38.04%	+23.22%
Average Drawdown Average peak-to-trough decline	-16.29%	-36.13%	+19.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.99%	9.99%	-1.00%

Volatility

ABNY vs. ABNB - Volatility Comparison

The current volatility for YieldMax ABNB Option Income Strategy ETF (ABNY) is 6.70%, while Airbnb, Inc. (ABNB) has a volatility of 8.09%. This indicates that ABNY experiences smaller price fluctuations and is considered to be less risky than ABNB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABNY	ABNB	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	8.09%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	19.23%	22.55%	-3.32%
Volatility (1Y) Calculated over the trailing 1-year period	24.86%	29.23%	-4.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.21%	43.86%	-13.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.21%	46.05%	-15.84%

Dividends

ABNY vs. ABNB - Dividend Comparison

ABNY's dividend yield for the trailing twelve months is around 49.21%, while ABNB has not paid dividends to shareholders.

Position	TTM	2025	2024
ABNB Airbnb, Inc.	0.00%	0.00%	0.00%
ABNY YieldMax ABNB Option Income Strategy ETF	49.21%	53.45%	22.09%

Frequently Asked Questions

Can I hold both ABNY and ABNB in my portfolio?

With a correlation of 0.95, ABNY and ABNB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ABNY or ABNB?

ABNB has higher volatility (8.09%) compared to ABNY (6.70%). In terms of maximum drawdown, ABNY dropped -31.62% vs ABNB's -61.96%.

Which has better risk-adjusted returns?

ABNY currently has the higher Sharpe Ratio (0.15 vs 0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.