CRCO vs. CONY
CRCO (YieldMax CRCL Option Income Strategy ETF) and CONY (YieldMax COIN Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. Their 0.71 correlation means they have sometimes moved together and sometimes differently. CRCO charges 1.01%/yr vs 0.99%/yr for CONY.
Performance
CRCO vs. CONY - Performance Comparison
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Returns By Period
In the year-to-date period, CRCO achieves a -12.27% return, which is significantly higher than CONY's -28.89% return.
CRCO
- 1D
- 4.65%
- 1M
- 1.79%
- 6M
- 17.42%
- YTD
- -12.27%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
CONY
- 1D
- -0.16%
- 1M
- -6.43%
- 6M
- -6.04%
- YTD
- -28.89%
- 1Y
- -44.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.79M | $6.36M | $9.84M | |
| $523.45K | $576.97K | $1.34M |
CRCO vs. CONY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRCO YieldMax CRCL Option Income Strategy ETF | -12.27% | -38.00% |
CONY YieldMax COIN Option Income Strategy ETF | -28.89% | -29.49% |
Correlation
The correlation between CRCO and CONY is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | 0.71 |
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Return for Risk
CRCO vs. CONY — Risk / Return Rank
CRCO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CONY
CRCO vs. CONY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax CRCL Option Income Strategy ETF (CRCO) and YieldMax COIN Option Income Strategy ETF (CONY). 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.
| CRCO | CONY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.88 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.76 | — |
| Martin ratioReturn relative to average drawdown | — | -1.15 | — |
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Drawdowns
CRCO vs. CONY - Drawdown Comparison
The maximum CRCO drawdown since its inception was -61.75%, roughly equal to the maximum CONY drawdown of -63.57%. Use the drawdown chart below to compare losses from any high point for CRCO and CONY.
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Drawdown Indicators
| CRCO | CONY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.75% | -63.57% | +1.82% |
Max Drawdown (1Y)Largest decline over 1 year | — | -59.52% | — |
Current DrawdownCurrent decline from peak | -50.67% | -59.72% | +9.05% |
Average DrawdownAverage peak-to-trough decline | -35.94% | -24.27% | -11.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 39.17% | — |
Volatility
CRCO vs. CONY - Volatility Comparison
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Volatility by Period
| CRCO | CONY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 16.81% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 46.75% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 83.71% | 57.39% | +26.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.71% | 59.81% | +23.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.71% | 59.81% | +23.90% |
CRCO vs. CONY - Expense Ratio Comparison
CRCO has a 1.01% expense ratio, which is higher than CONY's 0.99% expense ratio.
Dividends
CRCO vs. CONY - Dividend Comparison
CRCO's dividend yield for the trailing twelve months is around 155.06%, less than CONY's 165.10% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CONY YieldMax COIN Option Income Strategy ETF | 165.10% | 192.07% | 155.66% | 16.43% |
CRCO YieldMax CRCL Option Income Strategy ETF | 155.06% | 35.79% | 0.00% | 0.00% |
Frequently Asked Questions
CRCO and CONY have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CONY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CONY is cheaper with a 0.99% expense ratio, compared with 1.01% for CRCO.
CONY has the higher dividend yield at 165.10%, compared with 155.06% for CRCO.
Their fees differ too: 1.01% for CRCO and 0.99% for CONY.
Find the right allocation for CRCO and CONY
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