CLOD vs. MSTY
Compare and contrast key facts about Themes Cloud Computing ETF (CLOD) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).
CLOD and MSTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CLOD is a passively managed fund by Themes that tracks the performance of the Solactive Cloud Technology Index. It was launched on Dec 14, 2023. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLOD or MSTY.
Correlation
The correlation between CLOD and MSTY is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CLOD vs. MSTY - Performance Comparison
Key characteristics
CLOD:
0.26
MSTY:
1.27
CLOD:
0.53
MSTY:
1.95
CLOD:
1.07
MSTY:
1.25
CLOD:
0.27
MSTY:
2.43
CLOD:
0.96
MSTY:
6.02
CLOD:
6.92%
MSTY:
16.49%
CLOD:
25.49%
MSTY:
78.21%
CLOD:
-24.43%
MSTY:
-40.82%
CLOD:
-18.78%
MSTY:
-21.72%
Returns By Period
In the year-to-date period, CLOD achieves a -10.63% return, which is significantly lower than MSTY's 8.02% return.
CLOD
-10.63%
-7.17%
-4.92%
9.67%
N/A
N/A
MSTY
8.02%
6.24%
32.08%
109.27%
N/A
N/A
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CLOD vs. MSTY - Expense Ratio Comparison
CLOD has a 0.35% expense ratio, which is lower than MSTY's 0.99% expense ratio.
Risk-Adjusted Performance
CLOD vs. MSTY — Risk-Adjusted Performance Rank
CLOD
MSTY
CLOD vs. MSTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Cloud Computing ETF (CLOD) 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.
Dividends
CLOD vs. MSTY - Dividend Comparison
CLOD has not paid dividends to shareholders, while MSTY's dividend yield for the trailing twelve months is around 143.17%.
| TTM | 2024 | |
|---|---|---|
CLOD Themes Cloud Computing ETF | 0.00% | 0.00% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 143.17% | 104.56% |
Drawdowns
CLOD vs. MSTY - Drawdown Comparison
The maximum CLOD drawdown since its inception was -24.43%, smaller than the maximum MSTY drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for CLOD and MSTY. For additional features, visit the drawdowns tool.
Volatility
CLOD vs. MSTY - Volatility Comparison
The current volatility for Themes Cloud Computing ETF (CLOD) is 13.48%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 32.25%. This indicates that CLOD 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.