BSMU vs. RDYY

Last updated Jul 12, 2026

BSMU (Invesco BulletShares 2030 Municipal Bond ETF) and RDYY (YieldMax RDDT Option Income Strategy ETF) are both exchange-traded funds - BSMU is a Municipal Bonds fund tracking the Invesco Bulletshares Municipal Bond 2030 Index, while RDYY is a Derivative Income fund actively managed by YieldMax. BSMU is passively managed, while RDYY is actively managed. At a 0.18 correlation, their price movements are largely independent. BSMU charges 0.18%/yr vs 0.99%/yr for RDYY.

Performance

BSMU vs. RDYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2030 Municipal Bond ETF (BSMU) and YieldMax RDDT Option Income Strategy ETF (RDYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSMU achieves a 0.75% return, which is significantly higher than RDYY's -13.01% return.

BSMU

• 1D: 0.09%
• 1M: 0.17%
• 6M: 0.22%
• YTD: 0.75%
• 1Y: 4.28%
• 3Y*: 2.87%
• 5Y*: -0.83%
• 10Y*: —

RDYY

• 1D: -0.97%
• 1M: 16.29%
• 6M: -17.18%
• YTD: -13.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSMU vs. RDYY - Yearly Performance Comparison

	2026 (YTD)	2025
BSMU Invesco BulletShares 2030 Municipal Bond ETF	0.75%	1.47%
RDYY YieldMax RDDT Option Income Strategy ETF	-13.01%	-5.31%

Correlation

The correlation between BSMU and RDYY is 0.18, 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 Sep 9, 2025	0.18

Return for Risk

BSMU vs. RDYY — Risk / Return Rank

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

BSMU

BSMU Risk / Return Rank: 68
BSMU Sharpe Ratio Rank: 76
BSMU Sortino Ratio Rank: 82
BSMU Omega Ratio Rank: 85
BSMU Calmar Ratio Rank: 50
BSMU Martin Ratio Rank: 44

RDYY

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

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.

BSMU vs. RDYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2030 Municipal Bond ETF (BSMU) and YieldMax RDDT Option Income Strategy ETF (RDYY). 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.

	BSMU	RDYY	Difference
Sharpe ratio: Return per unit of total volatility	1.94	—	—
Sortino ratio: Return per unit of downside risk	2.92	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	1.99	—	—
Martin ratio: Return relative to average drawdown	5.73	—	—

Drawdowns

BSMU vs. RDYY - Drawdown Comparison

The maximum BSMU drawdown since its inception was -19.48%, smaller than the maximum RDYY drawdown of -51.16%. Use the drawdown chart below to compare losses from any high point for BSMU and RDYY.

Drawdown Indicators

	BSMU	RDYY	Difference
Max Drawdown Largest peak-to-trough decline	-19.48%	-51.16%	+31.68%
Max Drawdown (1Y) Largest decline over 1 year	-2.06%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.48%	—	—
Current Drawdown Current decline from peak	-4.65%	-25.81%	+21.16%
Average Drawdown Average peak-to-trough decline	-8.13%	-28.76%	+20.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	—	—

Volatility

Volatility by Period

	BSMU	RDYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.11%	55.75%	-53.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.81%	55.75%	-50.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.81%	55.75%	-50.94%

BSMU vs. RDYY - Expense Ratio Comparison

BSMU has a 0.18% expense ratio, which is lower than RDYY's 0.99% expense ratio.

Dividends

BSMU vs. RDYY - Dividend Comparison

BSMU's dividend yield for the trailing twelve months is around 2.79%, less than RDYY's 91.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BSMU Invesco BulletShares 2030 Municipal Bond ETF	2.79%	2.82%	2.92%	2.66%	2.16%	1.60%	0.28%
RDYY YieldMax RDDT Option Income Strategy ETF	91.16%	25.20%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSMU and RDYY in my portfolio?

BSMU and RDYY have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSMU or RDYY?

On fees, BSMU is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSMU or RDYY?

BSMU is cheaper with a 0.18% expense ratio, compared with 0.99% for RDYY.

Which ETF pays a higher dividend yield, BSMU or RDYY?

RDYY has the higher dividend yield at 91.16%, compared with 2.79% for BSMU.

What is the main difference between BSMU and RDYY?

BSMU is categorized as Municipal Bonds, while RDYY is Derivative Income. They also come from different issuers: Invesco and YieldMax. Their fees differ too: 0.18% for BSMU and 0.99% for RDYY.