ASD vs. SPYT

Last updated Jul 21, 2026

ASD (Defiance Autism Impact ETF) and SPYT (Defiance S&P 500 Income Target ETF) are both exchange-traded funds - ASD is a Health & Biotech Equities fund managed by Defiance, while SPYT is a Derivative Income fund actively managed by Defiance. At a 0.19 correlation, their price movements are largely independent. ASD charges 0.79%/yr vs 0.87%/yr for SPYT.

Performance

ASD vs. SPYT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Autism Impact ETF (ASD) and Defiance S&P 500 Income Target ETF (SPYT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASD

• 1D: -1.26%
• 1M: 8.60%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SPYT

• 1D: -0.12%
• 1M: -0.29%
• 6M: 7.34%
• YTD: 8.57%
• 1Y: 16.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.67%

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

ASD vs. SPYT - Yearly Performance Comparison

	2026 (YTD)
ASD Defiance Autism Impact ETF	9.23%
SPYT Defiance S&P 500 Income Target ETF	-1.58%

Correlation

The correlation between ASD and SPYT is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 2, 2026	0.19

Return for Risk

ASD vs. SPYT — Risk / Return Rank

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

ASD

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

SPYT

SPYT Risk / Return Rank: 60
SPYT Sharpe Ratio Rank: 58
SPYT Sortino Ratio Rank: 55
SPYT Omega Ratio Rank: 63
SPYT Calmar Ratio Rank: 56
SPYT Martin Ratio Rank: 69

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.

ASD vs. SPYT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Autism Impact ETF (ASD) and Defiance S&P 500 Income Target ETF (SPYT). 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.

	ASD	SPYT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.46	—
Sortino ratio: Return per unit of downside risk	—	2.03	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	2.10	—
Martin ratio: Return relative to average drawdown	—	9.08	—

Drawdowns

ASD vs. SPYT - Drawdown Comparison

The maximum ASD drawdown since its inception was -2.93%, smaller than the maximum SPYT drawdown of -18.25%. Use the drawdown chart below to compare losses from any high point for ASD and SPYT.

Drawdown Indicators

	ASD	SPYT	Difference
Max Drawdown Largest peak-to-trough decline	-2.93%	-18.25%	+15.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.00%	—
Current Drawdown Current decline from peak	-2.79%	-1.69%	-1.10%
Average Drawdown Average peak-to-trough decline	-0.99%	-1.98%	+0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.84%	—

Volatility

Volatility by Period

	ASD	SPYT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.76%	11.54%	+5.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.76%	14.74%	+2.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.76%	14.74%	+2.02%

ASD vs. SPYT - Expense Ratio Comparison

ASD has a 0.79% expense ratio, which is lower than SPYT's 0.87% expense ratio.

Dividends

ASD vs. SPYT - Dividend Comparison

ASD's dividend yield for the trailing twelve months is around 0.02%, less than SPYT's 21.19% yield.

Position	TTM	2025	2024
ASD Defiance Autism Impact ETF	0.02%	0.00%	0.00%
SPYT Defiance S&P 500 Income Target ETF	21.19%	21.40%	17.37%

Frequently Asked Questions

Can I hold both ASD and SPYT in my portfolio?

ASD and SPYT have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASD or SPYT?

On fees, ASD is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASD or SPYT?

ASD is cheaper with a 0.79% expense ratio, compared with 0.87% for SPYT.

Which ETF pays a higher dividend yield, ASD or SPYT?

SPYT has the higher dividend yield at 21.19%, compared with 0.02% for ASD.

What is the main difference between ASD and SPYT?

ASD is categorized as Health & Biotech Equities, while SPYT is Derivative Income. Their fees differ too: 0.79% for ASD and 0.87% for SPYT.