AIYY vs. DBE
AIYY (YieldMax AI Option Income Strategy ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - AIYY is a Derivative Income fund actively managed by YieldMax, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. AIYY is actively managed, while DBE is passively managed. Over the past year, AIYY returned -58.21% vs 57.60% for DBE. Their -0.04 correlation means they have often moved in opposite directions in the past. AIYY charges 0.99%/yr vs 0.78%/yr for DBE.
Performance
AIYY vs. DBE - Performance Comparison
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Returns By Period
In the year-to-date period, AIYY achieves a -31.57% return, which is significantly lower than DBE's 63.53% return.
AIYY
- 1D
- -0.41%
- 1M
- 2.85%
- 6M
- -20.07%
- YTD
- -31.57%
- 1Y
- -58.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -41.19%
DBE
- 1D
- -0.24%
- 1M
- 9.43%
- 6M
- 46.31%
- YTD
- 63.53%
- 1Y
- 57.60%
- 3Y*
- 13.46%
- 5Y*
- 16.54%
- 10Y*
- 11.73%
- ALL TIME*
- 2.05%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $433.89K | $548.67K | $787.33K | |
| $1.42M | $1.12M | $1.57M |
AIYY vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AIYY YieldMax AI Option Income Strategy ETF | -31.57% | -58.98% | -14.74% | 0.41% |
DBE Invesco DB Energy Fund | 63.53% | -2.17% | 2.96% | -5.96% |
Correlation
The correlation between AIYY and DBE is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 2023 | -0.04 |
The correlation between AIYY and DBE shifts across timeframes, from -0.15 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AIYY vs. DBE — Risk / Return Rank
AIYY
DBE
AIYY vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AI Option Income Strategy ETF (AIYY) and Invesco DB Energy Fund (DBE). 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.
| AIYY | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.62 | ||
| Sortino ratioReturn per unit of downside risk | -3.74 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.26 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 2.34 | -3.27 |
| Martin ratioReturn relative to average drawdown | -1.28 | 7.22 | -8.49 |
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Drawdowns
AIYY vs. DBE - Drawdown Comparison
The maximum AIYY drawdown since its inception was -80.28%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for AIYY and DBE.
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Drawdown Indicators
| AIYY | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.28% | -86.69% | +6.41% |
Max Drawdown (1Y)Largest decline over 1 year | -62.82% | -24.72% | -38.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.72% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -77.65% | -37.92% | -39.73% |
Average DrawdownAverage peak-to-trough decline | -43.33% | -57.12% | +13.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.06% | 8.00% | +38.06% |
Volatility
AIYY vs. DBE - Volatility Comparison
The current volatility for YieldMax AI Option Income Strategy ETF (AIYY) is 9.07%, while Invesco DB Energy Fund (DBE) has a volatility of 15.65%. This indicates that AIYY experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIYY | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.07% | 15.65% | -6.58% |
Volatility (6M)Calculated over the trailing 6-month period | 38.61% | 33.76% | +4.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.71% | 37.85% | +15.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.82% | 30.19% | +19.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.82% | 28.63% | +21.19% |
AIYY vs. DBE - Expense Ratio Comparison
AIYY has a 0.99% expense ratio, which is higher than DBE's 0.78% expense ratio.
Dividends
AIYY vs. DBE - Dividend Comparison
AIYY's dividend yield for the trailing twelve months is around 132.88%, more than DBE's 2.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AIYY YieldMax AI Option Income Strategy ETF | 132.88% | 168.33% | 98.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DBE Invesco DB Energy Fund | 2.36% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
Frequently Asked Questions
AIYY and DBE have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBE has higher volatility (15.65%) compared to AIYY (9.07%). In terms of maximum drawdown, AIYY dropped -80.28% vs DBE's -86.69%.
On 1-year performance, DBE leads with 57.60% vs -58.21% for AIYY. On fees, DBE is cheaper at 0.78% per year. On volatility, AIYY has been the lower-risk option at 9.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DBE has performed better with a 57.60% return vs -58.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DBE is cheaper with a 0.78% expense ratio, compared with 0.99% for AIYY.
AIYY has the higher dividend yield at 132.88%, compared with 2.36% for DBE.
AIYY is categorized as Derivative Income, while DBE is Oil & Gas. They also come from different issuers: YieldMax and Invesco. Their fees differ too: 0.99% for AIYY and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (1.53 vs -1.09), 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.
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