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CONY vs. MRNY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CONY and MRNY is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

CONY vs. MRNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax COIN Option Income Strategy ETF (CONY) and YieldMax MRNA Option Income Strategy ETF (MRNY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CONY:

-0.20

MRNY:

-1.41

Sortino Ratio

CONY:

0.14

MRNY:

-2.86

Omega Ratio

CONY:

1.02

MRNY:

0.63

Calmar Ratio

CONY:

-0.28

MRNY:

-0.97

Martin Ratio

CONY:

-0.58

MRNY:

-1.34

Ulcer Index

CONY:

23.94%

MRNY:

59.00%

Daily Std Dev

CONY:

65.59%

MRNY:

56.23%

Max Drawdown

CONY:

-50.34%

MRNY:

-80.93%

Current Drawdown

CONY:

-37.49%

MRNY:

-80.76%

Returns By Period

In the year-to-date period, CONY achieves a -18.73% return, which is significantly higher than MRNY's -41.25% return.


CONY

YTD

-18.73%

1M

16.83%

6M

-23.31%

1Y

-8.65%

5Y*

N/A

10Y*

N/A

MRNY

YTD

-41.25%

1M

0.30%

6M

-47.61%

1Y

-78.25%

5Y*

N/A

10Y*

N/A

*Annualized

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CONY vs. MRNY - Expense Ratio Comparison

Both CONY and MRNY have an expense ratio of 0.99%.


Risk-Adjusted Performance

CONY vs. MRNY — Risk-Adjusted Performance Rank

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

CONY
The Risk-Adjusted Performance Rank of CONY is 1313
Overall Rank
The Sharpe Ratio Rank of CONY is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of CONY is 1919
Sortino Ratio Rank
The Omega Ratio Rank of CONY is 1818
Omega Ratio Rank
The Calmar Ratio Rank of CONY is 77
Calmar Ratio Rank
The Martin Ratio Rank of CONY is 1010
Martin Ratio Rank

MRNY
The Risk-Adjusted Performance Rank of MRNY is 00
Overall Rank
The Sharpe Ratio Rank of MRNY is 00
Sharpe Ratio Rank
The Sortino Ratio Rank of MRNY is 00
Sortino Ratio Rank
The Omega Ratio Rank of MRNY is 00
Omega Ratio Rank
The Calmar Ratio Rank of MRNY is 00
Calmar Ratio Rank
The Martin Ratio Rank of MRNY is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CONY vs. MRNY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax COIN Option Income Strategy ETF (CONY) and YieldMax MRNA Option Income Strategy ETF (MRNY). 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.


The current CONY Sharpe Ratio is -0.20, which is higher than the MRNY Sharpe Ratio of -1.41. The chart below compares the historical Sharpe Ratios of CONY and MRNY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CONY vs. MRNY - Dividend Comparison

CONY's dividend yield for the trailing twelve months is around 178.39%, less than MRNY's 186.36% yield.


TTM20242023
CONY
YieldMax COIN Option Income Strategy ETF
178.39%155.66%16.43%
MRNY
YieldMax MRNA Option Income Strategy ETF
186.36%178.49%1.75%

Drawdowns

CONY vs. MRNY - Drawdown Comparison

The maximum CONY drawdown since its inception was -50.34%, smaller than the maximum MRNY drawdown of -80.93%. Use the drawdown chart below to compare losses from any high point for CONY and MRNY. For additional features, visit the drawdowns tool.


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Volatility

CONY vs. MRNY - Volatility Comparison

The current volatility for YieldMax COIN Option Income Strategy ETF (CONY) is 10.57%, while YieldMax MRNA Option Income Strategy ETF (MRNY) has a volatility of 16.24%. This indicates that CONY experiences smaller price fluctuations and is considered to be less risky than MRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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