COYY vs. XBTY
COYY (GraniteShares YieldBOOST COIN ETF) and XBTY (GraniteShares YieldBOOST Bitcoin ETF) are both Derivative Income funds from GraniteShares. Both are actively managed. A 0.67 correlation means they provide meaningful diversification when combined. COYY charges 1.07%/yr vs 0.99%/yr for XBTY.
Performance
COYY vs. XBTY - Performance Comparison
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Returns By Period
In the year-to-date period, COYY achieves a -32.08% return, which is significantly lower than XBTY's -22.62% return.
COYY
- 1D
- -0.55%
- 1M
- -1.80%
- 6M
- -34.72%
- YTD
- -32.08%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XBTY
- 1D
- -0.09%
- 1M
- -1.98%
- 6M
- -24.61%
- YTD
- -22.62%
- 1Y
- -45.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COYY vs. XBTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COYY GraniteShares YieldBOOST COIN ETF | -32.08% | -40.04% |
XBTY GraniteShares YieldBOOST Bitcoin ETF | -22.62% | -32.17% |
Correlation
The correlation between COYY and XBTY is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 29, 2025 | 0.67 |
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Return for Risk
COYY vs. XBTY — Risk / Return Rank
COYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XBTY
COYY vs. XBTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST COIN ETF (COYY) and GraniteShares YieldBOOST Bitcoin ETF (XBTY). 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.
| COYY | XBTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.70 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.92 | — |
| Martin ratioReturn relative to average drawdown | — | -1.36 | — |
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Drawdowns
COYY vs. XBTY - Drawdown Comparison
The maximum COYY drawdown since its inception was -60.85%, which is greater than XBTY's maximum drawdown of -49.03%. Use the drawdown chart below to compare losses from any high point for COYY and XBTY.
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Drawdown Indicators
| COYY | XBTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.85% | -49.03% | -11.82% |
Max Drawdown (1Y)Largest decline over 1 year | — | -49.03% | — |
Current DrawdownCurrent decline from peak | -60.01% | -47.58% | -12.43% |
Average DrawdownAverage peak-to-trough decline | -37.71% | -25.12% | -12.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 33.18% | — |
Volatility
COYY vs. XBTY - Volatility Comparison
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Volatility by Period
| COYY | XBTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.33% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.56% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 34.67% | 27.20% | +7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.67% | 26.99% | +7.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.67% | 26.99% | +7.68% |
COYY vs. XBTY - Expense Ratio Comparison
COYY has a 1.07% expense ratio, which is higher than XBTY's 0.99% expense ratio.
Dividends
COYY vs. XBTY - Dividend Comparison
COYY's dividend yield for the trailing twelve months is around 444.81%, more than XBTY's 211.51% yield.
| Position | TTM | 2025 |
|---|---|---|
COYY GraniteShares YieldBOOST COIN ETF | 444.81% | 132.14% |
XBTY GraniteShares YieldBOOST Bitcoin ETF | 211.51% | 102.53% |
Frequently Asked Questions
COYY and XBTY have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBTY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBTY is cheaper with a 0.99% expense ratio, compared with 1.07% for COYY.
COYY has the higher dividend yield at 444.81%, compared with 211.51% for XBTY.
Their fees differ too: 1.07% for COYY and 0.99% for XBTY.
Find the right allocation for COYY and XBTY
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