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

Correlation

The correlation between CONY and MRNY is 0.26, 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.


-0.50.00.51.00.3

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.

-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
127.48%
-53.93%
CONY
MRNY

Key characteristics

Sharpe Ratio

CONY:

0.70

MRNY:

-1.24

Sortino Ratio

CONY:

1.39

MRNY:

-1.90

Omega Ratio

CONY:

1.16

MRNY:

0.74

Calmar Ratio

CONY:

1.22

MRNY:

-0.81

Martin Ratio

CONY:

2.80

MRNY:

-1.53

Ulcer Index

CONY:

16.44%

MRNY:

37.51%

Daily Std Dev

CONY:

66.07%

MRNY:

46.23%

Max Drawdown

CONY:

-37.72%

MRNY:

-70.50%

Current Drawdown

CONY:

-15.37%

MRNY:

-68.99%

Returns By Period

In the year-to-date period, CONY achieves a 36.03% return, which is significantly higher than MRNY's -61.49% return.


CONY

YTD

36.03%

1M

-7.75%

6M

16.57%

1Y

43.01%

5Y*

N/A

10Y*

N/A

MRNY

YTD

-61.49%

1M

3.85%

6M

-61.48%

1Y

-59.02%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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CONY vs. MRNY - Expense Ratio Comparison

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


CONY
YieldMax COIN Option Income Strategy ETF
Expense ratio chart for CONY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for MRNY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for CONY, currently valued at 0.70, compared to the broader market0.002.004.000.70-1.24
The chart of Sortino ratio for CONY, currently valued at 1.39, compared to the broader market-2.000.002.004.006.008.0010.001.39-1.90
The chart of Omega ratio for CONY, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.160.74
The chart of Calmar ratio for CONY, currently valued at 1.22, compared to the broader market0.005.0010.0015.001.22-0.81
The chart of Martin ratio for CONY, currently valued at 2.80, compared to the broader market0.0020.0040.0060.0080.00100.002.80-1.53
CONY
MRNY

The current CONY Sharpe Ratio is 0.70, which is higher than the MRNY Sharpe Ratio of -1.24. 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.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.001.502.00Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
0.70
-1.24
CONY
MRNY

Dividends

CONY vs. MRNY - Dividend Comparison

CONY's dividend yield for the trailing twelve months is around 141.44%, less than MRNY's 188.53% yield.


TTM2023
CONY
YieldMax COIN Option Income Strategy ETF
141.44%16.44%
MRNY
YieldMax MRNA Option Income Strategy ETF
188.53%1.75%

Drawdowns

CONY vs. MRNY - Drawdown Comparison

The maximum CONY drawdown since its inception was -37.72%, smaller than the maximum MRNY drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for CONY and MRNY. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.37%
-68.99%
CONY
MRNY

Volatility

CONY vs. MRNY - Volatility Comparison

YieldMax COIN Option Income Strategy ETF (CONY) has a higher volatility of 19.56% compared to YieldMax MRNA Option Income Strategy ETF (MRNY) at 13.97%. This indicates that CONY's price experiences larger fluctuations and is considered to be riskier than MRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
19.56%
13.97%
CONY
MRNY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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