ABNY vs. PIT

Last updated Jun 23, 2026

ABNY (YieldMax ABNB Option Income Strategy ETF) and PIT (VanEck Commodity Strategy ETF) are both exchange-traded funds - ABNY is a Derivative Income fund actively managed by YieldMax, while PIT is a Commodities fund actively managed by VanEck. Both are actively managed. Over the past year, ABNY returned 2.16% vs 38.33% for PIT. At a correlation of -0.01, they often move in opposite directions. ABNY charges 0.99%/yr vs 0.55%/yr for PIT.

Performance

ABNY vs. PIT - Performance Comparison

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

Returns By Period

In the year-to-date period, ABNY achieves a 0.90% return, which is significantly lower than PIT's 27.31% return.

ABNY

• 1D: 0.00%
• 1M: 1.19%
• YTD: 0.90%
• 6M: 1.16%
• 1Y: 2.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PIT

• 1D: -0.75%
• 1M: -10.60%
• YTD: 27.31%
• 6M: 26.74%
• 1Y: 38.33%
• 3Y*: 19.51%
• 5Y*: —
• 10Y*: —

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

ABNY vs. PIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ABNY YieldMax ABNB Option Income Strategy ETF	0.90%	-2.05%	-9.52%
PIT VanEck Commodity Strategy ETF	27.31%	21.63%	-1.17%

Correlation

The correlation between ABNY and PIT is -0.09, 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	-0.09
Correlation (All Time) Calculated using the full available price history since Jun 25, 2024	-0.01

Return for Risk

ABNY vs. PIT — Risk / Return Rank

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

ABNY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PIT

PIT Risk / Return Rank: 55
PIT Sharpe Ratio Rank: 54
PIT Sortino Ratio Rank: 48
PIT Omega Ratio Rank: 52
PIT Calmar Ratio Rank: 57
PIT Martin Ratio Rank: 62

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. PIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax ABNB Option Income Strategy ETF (ABNY) and VanEck Commodity Strategy ETF (PIT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ABNY	PIT	Difference
Sharpe ratio: Return per unit of total volatility	0.09	1.78	-1.69
Sortino ratio: Return per unit of downside risk	0.29	2.32	-2.03
Omega ratio: Gain probability vs. loss probability	1.04	1.32	-0.28
Calmar ratio: Return relative to maximum drawdown	0.13	2.74	-2.62
Martin ratio: Return relative to average drawdown	0.25	10.88	-10.63

ABNY vs. PIT - Sharpe Ratio Comparison

The current ABNY Sharpe Ratio is 0.09, which is lower than the PIT Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of ABNY and PIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ABNY vs. PIT - Drawdown Comparison

The maximum ABNY drawdown since its inception was -31.62%, which is greater than PIT's maximum drawdown of -14.05%. Use the drawdown chart below to compare losses from any high point for ABNY and PIT.

Drawdown Indicators

	ABNY	PIT	Difference
Max Drawdown Largest peak-to-trough decline	-31.62%	-14.05%	-17.57%
Max Drawdown (1Y) Largest decline over 1 year	-17.87%	-14.05%	-3.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.05%	—
Current Drawdown Current decline from peak	-15.16%	-14.05%	-1.11%
Average Drawdown Average peak-to-trough decline	-16.23%	-4.07%	-12.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.00%	3.59%	+5.41%

Volatility

ABNY vs. PIT - Volatility Comparison

YieldMax ABNB Option Income Strategy ETF (ABNY) has a higher volatility of 5.56% compared to VanEck Commodity Strategy ETF (PIT) at 4.67%. This indicates that ABNY's price experiences larger fluctuations and is considered to be riskier than PIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABNY	PIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.56%	4.67%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	19.03%	19.36%	-0.33%
Volatility (1Y) Calculated over the trailing 1-year period	24.53%	21.66%	+2.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.88%	17.50%	+12.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.88%	17.50%	+12.38%

ABNY vs. PIT - Expense Ratio Comparison

ABNY has a 0.99% expense ratio, which is higher than PIT's 0.55% expense ratio.

Dividends

ABNY vs. PIT - Dividend Comparison

ABNY has not paid dividends to shareholders, while PIT's dividend yield for the trailing twelve months is around 7.00%.

Position	TTM	2025	2024	2023
ABNY YieldMax ABNB Option Income Strategy ETF	51.68%	53.45%	22.09%	0.00%
PIT VanEck Commodity Strategy ETF	7.00%	8.92%	3.59%	6.44%

Frequently Asked Questions

Can I hold both ABNY and PIT in my portfolio?

ABNY and PIT have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABNY or PIT?

ABNY has higher volatility (5.56%) compared to PIT (4.67%). In terms of maximum drawdown, ABNY dropped -31.62% vs PIT's -14.05%.

Which ETF is better, ABNY or PIT?

On 1-year performance, PIT leads with 38.33% vs 2.16% for ABNY. On fees, PIT is cheaper at 0.55% per year. On volatility, PIT has been the lower-risk option at 4.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABNY or PIT?

Over the 1-year period, PIT has performed better with a 38.33% return vs 2.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABNY or PIT?

PIT is cheaper with a 0.55% expense ratio, compared with 0.99% for ABNY.

Which ETF pays a higher dividend yield, ABNY or PIT?

ABNY has the higher dividend yield at 51.68%, compared with 7.00% for PIT.

What is the main difference between ABNY and PIT?

ABNY is categorized as Derivative Income, while PIT is Commodities. They also come from different issuers: YieldMax and VanEck. Their fees differ too: 0.99% for ABNY and 0.55% for PIT.

Which has better risk-adjusted returns?

PIT currently has the higher Sharpe Ratio (1.78 vs 0.09), 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.