BU vs. USOY
BU (Defiance Daily Target 2X Long B ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - BU is a Leveraged Equities fund actively managed by Defiance, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. At a correlation of -0.19, they often move in opposite directions. BU charges 1.29%/yr vs 1.22%/yr for USOY.
Performance
BU vs. USOY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BU achieves a -29.80% return, which is significantly lower than USOY's 34.69% return.
BU
- 1D
- 0.00%
- 1M
- -6.46%
- YTD
- -29.80%
- 6M
- -36.49%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USOY
- 1D
- -1.29%
- 1M
- -17.01%
- YTD
- 34.69%
- 6M
- 34.18%
- 1Y
- 26.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BU vs. USOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BU Defiance Daily Target 2X Long B ETF | -29.80% | 27.72% |
USOY Defiance Oil Enhanced Options Income ETF | 34.69% | -1.89% |
Correlation
The correlation between BU and USOY is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | -0.19 |
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
BU vs. USOY — Risk / Return Rank
BU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
USOY
BU vs. USOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long B ETF (BU) and Defiance Oil Enhanced Options Income ETF (USOY). 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.
| BU | USOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.25 | — |
| Martin ratioReturn relative to average drawdown | — | 4.10 | — |
Loading charts...
Drawdowns
BU vs. USOY - Drawdown Comparison
The maximum BU drawdown since its inception was -53.98%, which is greater than USOY's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for BU and USOY.
Loading charts...
Drawdown Indicators
| BU | USOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.98% | -21.19% | -32.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.19% | — |
Current DrawdownCurrent decline from peak | -51.59% | -21.19% | -30.40% |
Average DrawdownAverage peak-to-trough decline | -27.44% | -6.63% | -20.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.44% | — |
Volatility
BU vs. USOY - Volatility Comparison
Loading charts...
Volatility by Period
| BU | USOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.34% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 28.44% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 95.37% | 31.56% | +63.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.37% | 26.51% | +68.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.37% | 26.51% | +68.86% |
BU vs. USOY - Expense Ratio Comparison
BU has a 1.29% expense ratio, which is higher than USOY's 1.22% expense ratio.
Dividends
BU vs. USOY - Dividend Comparison
BU has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 68.29%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BU Defiance Daily Target 2X Long B ETF | 0.00% | 0.00% | 0.00% |
USOY Defiance Oil Enhanced Options Income ETF | 68.29% | 104.32% | 48.60% |
Frequently Asked Questions
BU and USOY have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, USOY is cheaper at 1.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USOY is cheaper with a 1.22% expense ratio, compared with 1.29% for BU.
USOY has the higher dividend yield at 68.29%, compared with 0.00% for BU.
BU is categorized as Leveraged Equities, while USOY is Derivative Income. Their fees differ too: 1.29% for BU and 1.22% for USOY.
Find the right allocation for BU and USOY
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