BABO vs. RDEIY
BABO (YieldMax BABA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while RDEIY (Red Electrica Corporacion SA ADR) is a stock. Over the past year, BABO returned -1.50% vs -10.16% for RDEIY. At a correlation of -0.00, they often move in opposite directions.
Performance
BABO vs. RDEIY - Performance Comparison
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Returns By Period
In the year-to-date period, BABO achieves a -20.64% return, which is significantly lower than RDEIY's -4.17% return.
BABO
- 1D
- -0.37%
- 1M
- -16.79%
- YTD
- -20.64%
- 6M
- -24.20%
- 1Y
- -1.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RDEIY
- 1D
- 0.23%
- 1M
- 3.92%
- YTD
- -4.17%
- 6M
- 1.66%
- 1Y
- -10.16%
- 3Y*
- 5.83%
- 5Y*
- 2.37%
- 10Y*
- 3.08%
BABO vs. RDEIY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BABO YieldMax BABA Option Income Strategy ETF | -20.64% | 46.84% | 0.65% |
RDEIY Red Electrica Corporacion SA ADR | -4.17% | 14.04% | -4.50% |
Correlation
The correlation between BABO and RDEIY is -0.00, 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 | -0.00 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2024 | -0.00 |
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Return for Risk
BABO vs. RDEIY — Risk / Return Rank
BABO
RDEIY
BABO vs. RDEIY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax BABA Option Income Strategy ETF (BABO) and Red Electrica Corporacion SA ADR (RDEIY). 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.
| BABO | RDEIY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.92 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | -0.51 | +0.38 |
| Martin ratioReturn relative to average drawdown | -0.28 | -0.82 | +0.54 |
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Drawdowns
BABO vs. RDEIY - Drawdown Comparison
The maximum BABO drawdown since its inception was -33.33%, smaller than the maximum RDEIY drawdown of -40.85%. Use the drawdown chart below to compare losses from any high point for BABO and RDEIY.
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Drawdown Indicators
| BABO | RDEIY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.33% | -40.85% | +7.52% |
Max Drawdown (1Y)Largest decline over 1 year | -33.33% | -22.31% | -11.02% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.03% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.37% | — |
Current DrawdownCurrent decline from peak | -33.33% | -18.91% | -14.42% |
Average DrawdownAverage peak-to-trough decline | -13.90% | -10.83% | -3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.34% | 13.83% | +1.51% |
Volatility
BABO vs. RDEIY - Volatility Comparison
YieldMax BABA Option Income Strategy ETF (BABO) has a higher volatility of 8.72% compared to Red Electrica Corporacion SA ADR (RDEIY) at 4.59%. This indicates that BABO's price experiences larger fluctuations and is considered to be riskier than RDEIY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BABO | RDEIY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.72% | 4.59% | +4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 24.44% | 15.13% | +9.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.33% | 19.81% | +15.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.67% | 21.38% | +15.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.67% | 22.93% | +13.74% |
Dividends
BABO vs. RDEIY - Dividend Comparison
BABO's dividend yield for the trailing twelve months is around 98.48%, more than RDEIY's 5.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BABO YieldMax BABA Option Income Strategy ETF | 98.48% | 85.50% | 20.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RDEIY Red Electrica Corporacion SA ADR | 5.35% | 4.93% | 6.30% | 6.54% | 6.21% | 4.42% | 4.50% | 3.92% | 3.48% | 6.36% | 4.63% | 2.84% |
Frequently Asked Questions
BABO and RDEIY have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BABO has higher volatility (8.72%) compared to RDEIY (4.59%). In terms of maximum drawdown, BABO dropped -33.33% vs RDEIY's -40.85%.
BABO currently has the higher Sharpe Ratio (-0.12 vs -0.58), 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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