CRCO vs. YBIT

Last updated Jun 5, 2026

CRCO (YieldMax CRCL Option Income Strategy ETF) and YBIT (YieldMax Bitcoin Option Income Strategy ETF) are both exchange-traded funds - CRCO is a Derivative Income fund actively managed by YieldMax, while YBIT is a Cryptocurrency fund actively managed by YieldMax. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. CRCO charges 1.01%/yr vs 0.99%/yr for YBIT.

Performance

CRCO vs. YBIT - Performance Comparison

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

Returns By Period

In the year-to-date period, CRCO achieves a 13.91% return, which is significantly higher than YBIT's -26.82% return.

CRCO

• 1D: 0.68%
• 1M: -16.10%
• YTD: 13.91%
• 6M: 7.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YBIT

• 1D: -2.96%
• 1M: -19.50%
• YTD: -26.82%
• 6M: -28.95%
• 1Y: -36.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRCO vs. YBIT - Yearly Performance Comparison

	2026 (YTD)	2025
CRCO YieldMax CRCL Option Income Strategy ETF	13.91%	-36.94%
YBIT YieldMax Bitcoin Option Income Strategy ETF	-26.82%	-20.30%

Correlation

The correlation between CRCO and YBIT is 0.61, 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 Oct 1, 2025	0.61

Return for Risk

CRCO vs. YBIT — Risk / Return Rank

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

YBIT

YBIT Risk / Return Rank: 2
YBIT Sharpe Ratio Rank: 1
YBIT Sortino Ratio Rank: 2
YBIT Omega Ratio Rank: 2
YBIT Calmar Ratio Rank: 2
YBIT Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRCO vs. YBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax CRCL Option Income Strategy ETF (CRCO) and YieldMax Bitcoin Option Income Strategy ETF (YBIT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CRCO	YBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	-0.38	-0.07

Drawdowns

CRCO vs. YBIT - Drawdown Comparison

The maximum CRCO drawdown since its inception was -61.75%, which is greater than YBIT's maximum drawdown of -45.54%. Use the drawdown chart below to compare losses from any high point for CRCO and YBIT.

Drawdown Indicators

	CRCO	YBIT	Difference
Max Drawdown Largest peak-to-trough decline	-61.75%	-45.54%	-16.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-45.54%	—
Current Drawdown Current decline from peak	-35.95%	-44.78%	+8.83%
Average Drawdown Average peak-to-trough decline	-33.20%	-15.17%	-18.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.85%	—

Volatility

Volatility by Period

	CRCO	YBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	86.40%	36.16%	+50.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.40%	38.65%	+47.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.40%	38.65%	+47.75%

CRCO vs. YBIT - Expense Ratio Comparison

CRCO has a 1.01% expense ratio, which is higher than YBIT's 0.99% expense ratio.

Dividends

CRCO vs. YBIT - Dividend Comparison

CRCO's dividend yield for the trailing twelve months is around 93.61%, less than YBIT's 105.79% yield.

Position	TTM	2025	2024
CRCO YieldMax CRCL Option Income Strategy ETF	93.61%	35.79%	0.00%
YBIT YieldMax Bitcoin Option Income Strategy ETF	105.79%	88.33%	60.00%

Frequently Asked Questions

Can I hold both CRCO and YBIT in my portfolio?

CRCO and YBIT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRCO or YBIT?

On fees, YBIT is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRCO or YBIT?

YBIT is cheaper with a 0.99% expense ratio, compared with 1.01% for CRCO.

Which ETF pays a higher dividend yield, CRCO or YBIT?

YBIT has the higher dividend yield at 105.79%, compared with 93.61% for CRCO.

What is the main difference between CRCO and YBIT?

CRCO is categorized as Derivative Income, while YBIT is Cryptocurrency. Their fees differ too: 1.01% for CRCO and 0.99% for YBIT.