BMCAX vs. MSTY

Last updated Jul 11, 2026

BMCAX (BlackRock Advantage Large Cap Growth Fund) and MSTY (YieldMax™ MSTR Option Income Strategy ETF) are both funds - BMCAX is a Large Cap Growth Equities fund managed by BlackRock, while MSTY is a Derivative Income fund actively managed by YieldMax. Over the past year, BMCAX returned 25.04% vs -73.21% for MSTY. At a 0.44 correlation, their price movements are largely independent. BMCAX charges 0.87%/yr vs 0.99%/yr for MSTY.

Performance

BMCAX vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Advantage Large Cap Growth Fund (BMCAX) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BMCAX achieves a 10.60% return, which is significantly higher than MSTY's -34.22% return.

BMCAX

• 1D: 1.63%
• 1M: 1.31%
• 6M: 9.57%
• YTD: 10.60%
• 1Y: 25.04%
• 3Y*: 25.42%
• 5Y*: 13.53%
• 10Y*: 17.57%

MSTY

• 1D: 0.79%
• 1M: -21.68%
• 6M: -35.96%
• YTD: -34.22%
• 1Y: -73.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BMCAX vs. MSTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BMCAX BlackRock Advantage Large Cap Growth Fund	10.60%	21.40%	24.73%
MSTY YieldMax™ MSTR Option Income Strategy ETF	-34.22%	-42.71%	212.16%

Correlation

The correlation between BMCAX and MSTY is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 22, 2024	0.44

Return for Risk

BMCAX vs. MSTY — Risk / Return Rank

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

BMCAX

BMCAX Risk / Return Rank: 37
BMCAX Sharpe Ratio Rank: 43
BMCAX Sortino Ratio Rank: 39
BMCAX Omega Ratio Rank: 39
BMCAX Calmar Ratio Rank: 33
BMCAX Martin Ratio Rank: 32

MSTY

MSTY Risk / Return Rank: 1
MSTY Sharpe Ratio Rank: 1
MSTY Sortino Ratio Rank: 0
MSTY Omega Ratio Rank: 0
MSTY Calmar Ratio Rank: 1
MSTY Martin Ratio Rank: 2

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.

BMCAX vs. MSTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Growth Fund (BMCAX) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.

	BMCAX	MSTY	Difference
Sharpe ratio: Return per unit of total volatility	1.45	-1.13	+2.58
Sortino ratio: Return per unit of downside risk	2.00	-2.27	+4.28
Omega ratio: Gain probability vs. loss probability	1.25	0.76	+0.50
Calmar ratio: Return relative to maximum drawdown	1.68	-0.94	+2.62
Martin ratio: Return relative to average drawdown	5.54	-1.40	+6.94

BMCAX vs. MSTY - Sharpe Ratio Comparison

The current BMCAX Sharpe Ratio is 1.45, which is higher than the MSTY Sharpe Ratio of -1.13. The chart below compares the historical Sharpe Ratios of BMCAX and MSTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BMCAX vs. MSTY - Drawdown Comparison

The maximum BMCAX drawdown since its inception was -58.55%, smaller than the maximum MSTY drawdown of -77.40%. Use the drawdown chart below to compare losses from any high point for BMCAX and MSTY.

Drawdown Indicators

	BMCAX	MSTY	Difference
Max Drawdown Largest peak-to-trough decline	-58.55%	-77.40%	+18.85%
Max Drawdown (1Y) Largest decline over 1 year	-14.71%	-77.40%	+62.69%
Max Drawdown (3Y) Largest decline over 3 years	-23.29%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.84%	—	—
Current Drawdown Current decline from peak	-3.04%	-74.14%	+71.10%
Average Drawdown Average peak-to-trough decline	-9.41%	-27.93%	+18.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	51.98%	-47.52%

Volatility

BMCAX vs. MSTY - Volatility Comparison

The current volatility for BlackRock Advantage Large Cap Growth Fund (BMCAX) is 6.45%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 23.73%. This indicates that BMCAX experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BMCAX	MSTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	23.73%	-17.28%
Volatility (6M) Calculated over the trailing 6-month period	13.49%	53.10%	-39.61%
Volatility (1Y) Calculated over the trailing 1-year period	17.03%	64.53%	-47.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.59%	72.37%	-50.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.15%	72.37%	-51.22%

BMCAX vs. MSTY - Expense Ratio Comparison

BMCAX has a 0.87% expense ratio, which is lower than MSTY's 0.99% expense ratio.

Dividends

BMCAX vs. MSTY - Dividend Comparison

BMCAX's dividend yield for the trailing twelve months is around 6.27%, less than MSTY's 283.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BMCAX BlackRock Advantage Large Cap Growth Fund	6.27%	6.94%	22.50%	0.79%	0.19%	14.39%	5.68%	4.12%	9.77%	6.04%	0.56%	7.42%
MSTY YieldMax™ MSTR Option Income Strategy ETF	283.56%	294.61%	104.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BMCAX and MSTY in my portfolio?

BMCAX and MSTY have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BMCAX or MSTY?

MSTY has higher volatility (23.73%) compared to BMCAX (6.45%). In terms of maximum drawdown, BMCAX dropped -58.55% vs MSTY's -77.40%.

Which has better risk-adjusted returns?

BMCAX currently has the higher Sharpe Ratio (1.45 vs -1.13), 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.