AIYY vs. SCHG
AIYY (YieldMax AI Option Income Strategy ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - AIYY is a Derivative Income fund actively managed by YieldMax, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. AIYY is actively managed, while SCHG is passively managed. Over the past year, AIYY returned -57.47% vs 24.64% for SCHG. A 0.52 correlation means they provide meaningful diversification when combined. AIYY charges 0.99%/yr vs 0.04%/yr for SCHG.
Performance
AIYY vs. SCHG - Performance Comparison
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Returns By Period
In the year-to-date period, AIYY achieves a -24.26% return, which is significantly lower than SCHG's 6.42% return.
AIYY
- 1D
- -3.43%
- 1M
- 9.34%
- YTD
- -24.26%
- 6M
- -29.50%
- 1Y
- -57.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHG
- 1D
- -1.23%
- 1M
- 4.81%
- YTD
- 6.42%
- 6M
- 5.81%
- 1Y
- 24.64%
- 3Y*
- 25.02%
- 5Y*
- 15.59%
- 10Y*
- 18.77%
AIYY vs. SCHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AIYY YieldMax AI Option Income Strategy ETF | -24.26% | -58.98% | -14.74% | -1.63% |
SCHG Schwab U.S. Large-Cap Growth ETF | 6.42% | 17.50% | 34.95% | 4.09% |
Correlation
The correlation between AIYY and SCHG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2023 | 0.52 |
The correlation between AIYY and SCHG has been stable across timeframes, ranging from 0.52 to 0.52 - a consistent structural relationship.
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Return for Risk
AIYY vs. SCHG — Risk / Return Rank
AIYY
SCHG
AIYY vs. SCHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AI Option Income Strategy ETF (AIYY) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.
| AIYY | SCHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.67 | ||
| Sortino ratioReturn per unit of downside risk | -3.77 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.28 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 1.51 | -2.35 |
| Martin ratioReturn relative to average drawdown | -1.21 | 5.04 | -6.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIYY | SCHG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.07 | 1.60 | -2.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.83 | 0.84 | -1.67 |
Drawdowns
AIYY vs. SCHG - Drawdown Comparison
The maximum AIYY drawdown since its inception was -79.48%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for AIYY and SCHG.
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Drawdown Indicators
| AIYY | SCHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.48% | -34.59% | -44.89% |
Max Drawdown (1Y)Largest decline over 1 year | -68.33% | -16.41% | -51.92% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.59% | — |
Current DrawdownCurrent decline from peak | -75.26% | -1.78% | -73.48% |
Average DrawdownAverage peak-to-trough decline | -41.04% | -5.20% | -35.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.63% | 4.90% | +42.73% |
Volatility
AIYY vs. SCHG - Volatility Comparison
YieldMax AI Option Income Strategy ETF (AIYY) has a higher volatility of 15.67% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 3.61%. This indicates that AIYY's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIYY | SCHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.67% | 3.61% | +12.06% |
Volatility (6M)Calculated over the trailing 6-month period | 39.16% | 11.62% | +27.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.83% | 15.50% | +38.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.52% | 22.27% | +28.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.52% | 21.55% | +28.97% |
AIYY vs. SCHG - Expense Ratio Comparison
AIYY has a 0.99% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Dividends
AIYY vs. SCHG - Dividend Comparison
AIYY's dividend yield for the trailing twelve months is around 158.78%, more than SCHG's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIYY YieldMax AI Option Income Strategy ETF | 158.78% | 168.33% | 98.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.36% | 0.36% | 0.39% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% |
Frequently Asked Questions
AIYY and SCHG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIYY has higher volatility (15.67%) compared to SCHG (3.61%). In terms of maximum drawdown, AIYY dropped -79.48% vs SCHG's -34.59%.
On 1-year performance, SCHG leads with 24.64% vs -57.47% for AIYY. On fees, SCHG is cheaper at 0.04% per year. On volatility, SCHG has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SCHG has performed better with a 24.64% return vs -57.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHG is cheaper with a 0.04% expense ratio, compared with 0.99% for AIYY.
AIYY has the higher dividend yield at 158.78%, compared with 0.36% for SCHG.
AIYY is categorized as Derivative Income, while SCHG is Large Cap Growth Equities. They also come from different issuers: YieldMax and Charles Schwab. Their fees differ too: 0.99% for AIYY and 0.04% for SCHG.
SCHG currently has the higher Sharpe Ratio (1.60 vs -1.07), 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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