AIS vs. USOY

Last updated Jun 3, 2026

AIS (VistaShares Artificial Intelligence Supercycle ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - AIS is a Technology Equities fund actively managed by VistaShares, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, AIS returned 230.14% vs 55.52% for USOY. At a correlation of -0.07, they often move in opposite directions. AIS charges 0.75%/yr vs 1.22%/yr for USOY.

Performance

AIS vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Artificial Intelligence Supercycle ETF (AIS) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIS achieves a 117.05% return, which is significantly higher than USOY's 59.86% return.

AIS

• 1D: 4.29%
• 1M: 34.88%
• YTD: 117.05%
• 6M: 121.69%
• 1Y: 230.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: 1.63%
• 1M: -1.93%
• YTD: 59.86%
• 6M: 58.33%
• 1Y: 55.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AIS vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIS VistaShares Artificial Intelligence Supercycle ETF	117.05%	58.35%	-4.92%
USOY Defiance Oil Enhanced Options Income ETF	59.86%	-7.93%	4.91%

Correlation

The correlation between AIS and USOY is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.21
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	-0.07

The correlation between AIS and USOY shifts across timeframes, from -0.21 (1 year) to -0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AIS vs. USOY — Risk / Return Rank

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

AIS

AIS Risk / Return Rank: 97
AIS Sharpe Ratio Rank: 99
AIS Sortino Ratio Rank: 96
AIS Omega Ratio Rank: 96
AIS Calmar Ratio Rank: 98
AIS Martin Ratio Rank: 97

USOY

USOY Risk / Return Rank: 56
USOY Sharpe Ratio Rank: 53
USOY Sortino Ratio Rank: 45
USOY Omega Ratio Rank: 54
USOY Calmar Ratio Rank: 79
USOY Martin Ratio Rank: 47

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.

AIS vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Artificial Intelligence Supercycle ETF (AIS) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

	AIS	USOY	Difference
Sharpe ratio Return per unit of total volatility	6.44	1.83	+4.60
Sortino ratio Return per unit of downside risk	5.83	2.25	+3.59
Omega ratio Gain probability vs. loss probability	1.81	1.34	+0.47
Calmar ratio Return relative to maximum drawdown	15.04	4.10	+10.94
Martin ratio Return relative to average drawdown	49.62	7.91	+41.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIS vs. USOY - Sharpe Ratio Comparison

The current AIS Sharpe Ratio is 6.44, which is higher than the USOY Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of AIS and USOY, 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

	AIS	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.44	1.83	+4.60
Sharpe Ratio (All Time) Calculated using the full available price history	3.22	0.96	+2.26

Drawdowns

AIS vs. USOY - Drawdown Comparison

The maximum AIS drawdown since its inception was -32.78%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for AIS and USOY.

Drawdown Indicators

	AIS	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-32.78%	-17.46%	-15.32%
Max Drawdown (1Y) Largest decline over 1 year	-15.84%	-14.29%	-1.55%
Current Drawdown Current decline from peak	0.00%	-6.47%	+6.47%
Average Drawdown Average peak-to-trough decline	-5.46%	-6.47%	+1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.80%	7.42%	-2.62%

Volatility

AIS vs. USOY - Volatility Comparison

VistaShares Artificial Intelligence Supercycle ETF (AIS) has a higher volatility of 16.18% compared to Defiance Oil Enhanced Options Income ETF (USOY) at 11.94%. This indicates that AIS's price experiences larger fluctuations and is considered to be riskier than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIS	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.18%	11.94%	+4.24%
Volatility (6M) Calculated over the trailing 6-month period	29.97%	27.16%	+2.81%
Volatility (1Y) Calculated over the trailing 1-year period	36.06%	30.46%	+5.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.09%	26.14%	+11.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.09%	26.14%	+11.95%

AIS vs. USOY - Expense Ratio Comparison

AIS has a 0.75% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

AIS vs. USOY - Dividend Comparison

AIS has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 54.95%.

Position	TTM	2025	2024
AIS VistaShares Artificial Intelligence Supercycle ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	54.95%	104.32%	48.60%

Frequently Asked Questions

Can I hold both AIS and USOY in my portfolio?

AIS and USOY have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIS or USOY?

AIS has higher volatility (16.18%) compared to USOY (11.94%). In terms of maximum drawdown, AIS dropped -32.78% vs USOY's -17.46%.

Which ETF is better, AIS or USOY?

On 1-year performance, AIS leads with 230.14% vs 55.52% for USOY. On fees, AIS is cheaper at 0.75% per year. On volatility, USOY has been the lower-risk option at 11.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIS or USOY?

Over the 1-year period, AIS has performed better with a 230.14% return vs 55.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIS or USOY?

AIS is cheaper with a 0.75% expense ratio, compared with 1.22% for USOY.

Which ETF pays a higher dividend yield, AIS or USOY?

USOY has the higher dividend yield at 54.95%, compared with 0.00% for AIS.

What is the main difference between AIS and USOY?

AIS is categorized as Technology Equities, while USOY is Derivative Income. They also come from different issuers: VistaShares and Defiance. Their fees differ too: 0.75% for AIS and 1.22% for USOY.

Which has better risk-adjusted returns?

AIS currently has the higher Sharpe Ratio (6.44 vs 1.83), 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.