BERZ vs. YQQQ
BERZ (MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN) and YQQQ (YieldMax Short N100 Option Income Strategy ETF) are both exchange-traded funds - BERZ is a Inverse Equities fund tracking the Solactive FANG Innovation Index, while YQQQ is a Derivative Income fund actively managed by YieldMax. BERZ is passively managed, while YQQQ is actively managed. Over the past year, BERZ returned -86.22% vs -14.25% for YQQQ. Their correlation of 0.89 suggests significant overlap in exposure. BERZ charges 0.95%/yr vs 0.99%/yr for YQQQ.
Performance
BERZ vs. YQQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BERZ achieves a -65.19% return, which is significantly lower than YQQQ's -8.94% return.
BERZ
- 1D
- 3.73%
- 1M
- -37.37%
- YTD
- -65.19%
- 6M
- -64.50%
- 1Y
- -86.22%
- 3Y*
- -77.59%
- 5Y*
- —
- 10Y*
- —
YQQQ
- 1D
- 0.06%
- 1M
- -7.64%
- YTD
- -8.94%
- 6M
- -6.62%
- 1Y
- -14.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BERZ vs. YQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BERZ MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN | -65.19% | -78.81% | -34.44% |
YQQQ YieldMax Short N100 Option Income Strategy ETF | -8.94% | -9.97% | -4.06% |
Correlation
The correlation between BERZ and YQQQ is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2024 | 0.89 |
The correlation between BERZ and YQQQ has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BERZ vs. YQQQ — Risk / Return Rank
BERZ
YQQQ
BERZ vs. YQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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.
| BERZ | YQQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 0.83 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | -0.69 | -0.30 |
| Martin ratioReturn relative to average drawdown | -1.54 | -1.68 | +0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BERZ | YQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.14 | -1.14 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.75 | -0.77 | +0.03 |
Drawdowns
BERZ vs. YQQQ - Drawdown Comparison
The maximum BERZ drawdown since its inception was -99.80%, which is greater than YQQQ's maximum drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for BERZ and YQQQ.
Loading charts...
Drawdown Indicators
| BERZ | YQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.80% | -28.21% | -71.59% |
Max Drawdown (1Y)Largest decline over 1 year | -87.32% | -20.82% | -66.50% |
Max Drawdown (3Y)Largest decline over 3 years | -98.97% | — | — |
Current DrawdownCurrent decline from peak | -99.79% | -28.17% | -71.62% |
Average DrawdownAverage peak-to-trough decline | -71.57% | -14.22% | -57.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.07% | 8.52% | +47.55% |
Volatility
BERZ vs. YQQQ - Volatility Comparison
MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) has a higher volatility of 23.63% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 3.90%. This indicates that BERZ's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BERZ | YQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.63% | 3.90% | +19.73% |
Volatility (6M)Calculated over the trailing 6-month period | 57.98% | 9.87% | +48.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.77% | 12.51% | +63.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 92.20% | 16.26% | +75.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.20% | 16.26% | +75.94% |
BERZ vs. YQQQ - Expense Ratio Comparison
BERZ has a 0.95% expense ratio, which is lower than YQQQ's 0.99% expense ratio.
Dividends
BERZ vs. YQQQ - Dividend Comparison
BERZ has not paid dividends to shareholders, while YQQQ's dividend yield for the trailing twelve months is around 31.75%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BERZ MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN | 0.00% | 0.00% | 0.00% |
YQQQ YieldMax Short N100 Option Income Strategy ETF | 31.75% | 31.71% | 7.88% |
Frequently Asked Questions
BERZ and YQQQ have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BERZ has higher volatility (23.63%) compared to YQQQ (3.90%). In terms of maximum drawdown, BERZ dropped -99.80% vs YQQQ's -28.21%.
On 1-year performance, YQQQ leads with -14.25% vs -86.22% for BERZ. On fees, BERZ is cheaper at 0.95% per year. On volatility, YQQQ has been the lower-risk option at 3.90%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, YQQQ has performed better with a -14.25% return vs -86.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BERZ is cheaper with a 0.95% expense ratio, compared with 0.99% for YQQQ.
YQQQ has the higher dividend yield at 31.75%, compared with 0.00% for BERZ.
BERZ is categorized as Inverse Equities, while YQQQ is Derivative Income. They also come from different issuers: BMO and YieldMax. Their fees differ too: 0.95% for BERZ and 0.99% for YQQQ.
BERZ currently has the higher Sharpe Ratio (-1.14 vs -1.14), 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.
Find the right allocation for BERZ and YQQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer