CHPY vs. COYY

Last updated Jun 25, 2026

CHPY (YieldMax Semiconductor Portfolio Option Income ETF) and COYY (GraniteShares YieldBOOST COIN ETF) are both Derivative Income funds. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. CHPY charges 0.99%/yr vs 1.07%/yr for COYY.

Performance

CHPY vs. COYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Semiconductor Portfolio Option Income ETF (CHPY) and GraniteShares YieldBOOST COIN ETF (COYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHPY achieves a 80.95% return, which is significantly higher than COYY's -32.25% return.

CHPY

• 1D: -0.95%
• 1M: 9.84%
• YTD: 80.95%
• 6M: 79.34%
• 1Y: 127.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COYY

• 1D: -2.00%
• 1M: -8.79%
• YTD: -32.25%
• 6M: -37.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHPY vs. COYY - Yearly Performance Comparison

	2026 (YTD)	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	80.95%	21.17%
COYY GraniteShares YieldBOOST COIN ETF	-32.25%	-40.04%

Correlation

The correlation between CHPY and COYY is 0.43, 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 Jul 29, 2025	0.43

Return for Risk

CHPY vs. COYY — Risk / Return Rank

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

CHPY

CHPY Risk / Return Rank: 96
CHPY Sharpe Ratio Rank: 97
CHPY Sortino Ratio Rank: 93
CHPY Omega Ratio Rank: 94
CHPY Calmar Ratio Rank: 98
CHPY Martin Ratio Rank: 97

COYY

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.

CHPY vs. COYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Semiconductor Portfolio Option Income ETF (CHPY) and GraniteShares YieldBOOST COIN ETF (COYY). 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.

	CHPY	COYY	Difference
Sharpe ratio: Return per unit of total volatility	3.94	—	—
Sortino ratio: Return per unit of downside risk	4.14	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	10.53	—	—
Martin ratio: Return relative to average drawdown	36.72	—	—

Drawdowns

CHPY vs. COYY - Drawdown Comparison

The maximum CHPY drawdown since its inception was -12.19%, smaller than the maximum COYY drawdown of -60.11%. Use the drawdown chart below to compare losses from any high point for CHPY and COYY.

Drawdown Indicators

	CHPY	COYY	Difference
Max Drawdown Largest peak-to-trough decline	-12.19%	-60.11%	+47.92%
Max Drawdown (1Y) Largest decline over 1 year	-12.17%	—	—
Current Drawdown Current decline from peak	-7.85%	-60.11%	+52.26%
Average Drawdown Average peak-to-trough decline	-2.15%	-36.53%	+34.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	—	—

Volatility

Volatility by Period

	CHPY	COYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.59%	35.38%	-2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.33%	35.38%	+0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.33%	35.38%	+0.95%

CHPY vs. COYY - Expense Ratio Comparison

CHPY has a 0.99% expense ratio, which is lower than COYY's 1.07% expense ratio.

Dividends

CHPY vs. COYY - Dividend Comparison

CHPY's dividend yield for the trailing twelve months is around 29.92%, less than COYY's 423.17% yield.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	29.92%	28.19%
COYY GraniteShares YieldBOOST COIN ETF	423.17%	132.14%

Frequently Asked Questions

Can I hold both CHPY and COYY in my portfolio?

CHPY and COYY have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHPY or COYY?

On fees, CHPY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHPY or COYY?

CHPY is cheaper with a 0.99% expense ratio, compared with 1.07% for COYY.

Which ETF pays a higher dividend yield, CHPY or COYY?

COYY has the higher dividend yield at 423.17%, compared with 29.92% for CHPY.

What is the main difference between CHPY and COYY?

They also come from different issuers: YieldMax and GraniteShares. Their fees differ too: 0.99% for CHPY and 1.07% for COYY.