BOTT vs. MSTY

Last updated Jun 4, 2026

BOTT (Themes Humanoid Robotics ETF) and MSTY (YieldMax™ MSTR Option Income Strategy ETF) are both exchange-traded funds - BOTT is a Robotics fund tracking the Solactive Global Humanoid Robotics Index, while MSTY is a Derivative Income fund actively managed by YieldMax. BOTT is passively managed, while MSTY is actively managed. Over the past year, BOTT returned 84.77% vs -61.25% for MSTY. At a 0.43 correlation, their price movements are largely independent. BOTT charges 0.35%/yr vs 0.99%/yr for MSTY.

Performance

BOTT vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Humanoid Robotics ETF (BOTT) 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, BOTT achieves a 25.46% return, which is significantly higher than MSTY's -14.73% return.

BOTT

• 1D: -2.12%
• 1M: 2.80%
• YTD: 25.46%
• 6M: 37.71%
• 1Y: 84.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTY

• 1D: -6.76%
• 1M: -28.46%
• YTD: -14.73%
• 6M: -26.86%
• 1Y: -61.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BOTT vs. MSTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BOTT Themes Humanoid Robotics ETF	25.46%	55.56%	10.74%
MSTY YieldMax™ MSTR Option Income Strategy ETF	-14.73%	-42.71%	75.76%

Correlation

The correlation between BOTT and MSTY is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since Apr 23, 2024	0.43

Return for Risk

BOTT vs. MSTY — Risk / Return Rank

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

BOTT

BOTT Risk / Return Rank: 58
BOTT Sharpe Ratio Rank: 68
BOTT Sortino Ratio Rank: 62
BOTT Omega Ratio Rank: 58
BOTT Calmar Ratio Rank: 55
BOTT Martin Ratio Rank: 45

MSTY

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

BOTT vs. MSTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Humanoid Robotics ETF (BOTT) 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.

	BOTT	MSTY	Difference
Sharpe ratio: Return per unit of total volatility	2.30	-1.02	+3.32
Sortino ratio: Return per unit of downside risk	2.95	-1.73	+4.68
Omega ratio: Gain probability vs. loss probability	1.36	0.81	+0.55
Calmar ratio: Return relative to maximum drawdown	2.77	-0.86	+3.63
Martin ratio: Return relative to average drawdown	7.46	-1.31	+8.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BOTT vs. MSTY - Sharpe Ratio Comparison

The current BOTT Sharpe Ratio is 2.30, which is higher than the MSTY Sharpe Ratio of -1.02. The chart below compares the historical Sharpe Ratios of BOTT 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.

Sharpe Ratios by Period

	BOTT	MSTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	-1.02	+3.32
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	0.26	+1.07

Drawdowns

BOTT vs. MSTY - Drawdown Comparison

The maximum BOTT drawdown since its inception was -30.74%, smaller than the maximum MSTY drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for BOTT and MSTY.

Drawdown Indicators

	BOTT	MSTY	Difference
Max Drawdown Largest peak-to-trough decline	-30.74%	-71.79%	+41.05%
Max Drawdown (1Y) Largest decline over 1 year	-30.74%	-71.79%	+41.05%
Current Drawdown Current decline from peak	-16.03%	-66.48%	+50.45%
Average Drawdown Average peak-to-trough decline	-6.76%	-26.09%	+19.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.40%	46.87%	-35.47%

Volatility

BOTT vs. MSTY - Volatility Comparison

The current volatility for Themes Humanoid Robotics ETF (BOTT) is 11.00%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 17.01%. This indicates that BOTT 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

	BOTT	MSTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.00%	17.01%	-6.01%
Volatility (6M) Calculated over the trailing 6-month period	31.00%	48.79%	-17.79%
Volatility (1Y) Calculated over the trailing 1-year period	37.02%	60.44%	-23.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.32%	71.92%	-38.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.32%	71.92%	-38.60%

BOTT vs. MSTY - Expense Ratio Comparison

BOTT has a 0.35% expense ratio, which is lower than MSTY's 0.99% expense ratio.

Dividends

BOTT vs. MSTY - Dividend Comparison

BOTT's dividend yield for the trailing twelve months is around 0.11%, less than MSTY's 269.45% yield.

Position	TTM	2025	2024
BOTT Themes Humanoid Robotics ETF	0.11%	0.14%	1.74%
MSTY YieldMax™ MSTR Option Income Strategy ETF	269.45%	294.61%	104.56%

Frequently Asked Questions

Can I hold both BOTT and MSTY in my portfolio?

BOTT and MSTY have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOTT or MSTY?

MSTY has higher volatility (17.01%) compared to BOTT (11.00%). In terms of maximum drawdown, BOTT dropped -30.74% vs MSTY's -71.79%.

Which ETF is better, BOTT or MSTY?

On 1-year performance, BOTT leads with 84.77% vs -61.25% for MSTY. On fees, BOTT is cheaper at 0.35% per year. On volatility, BOTT has been the lower-risk option at 11.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOTT or MSTY?

Over the 1-year period, BOTT has performed better with a 84.77% return vs -61.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOTT or MSTY?

BOTT is cheaper with a 0.35% expense ratio, compared with 0.99% for MSTY.

Which ETF pays a higher dividend yield, BOTT or MSTY?

MSTY has the higher dividend yield at 269.45%, compared with 0.11% for BOTT.

What is the main difference between BOTT and MSTY?

BOTT is categorized as Robotics, while MSTY is Derivative Income. They also come from different issuers: Themes and YieldMax. Their fees differ too: 0.35% for BOTT and 0.99% for MSTY.

Which has better risk-adjusted returns?

BOTT currently has the higher Sharpe Ratio (2.30 vs -1.02), 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.