CRCO vs. YQQQ
CRCO (YieldMax CRCL Option Income Strategy ETF) and YQQQ (YieldMax Short N100 Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. At a correlation of -0.41, they often move in opposite directions. CRCO charges 1.01%/yr vs 0.99%/yr for YQQQ.
Performance
CRCO vs. YQQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRCO achieves a -10.55% return, which is significantly lower than YQQQ's -6.58% return.
CRCO
- 1D
- 0.89%
- 1M
- -15.21%
- 6M
- -15.09%
- YTD
- -10.55%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YQQQ
- 1D
- -0.16%
- 1M
- 0.73%
- 6M
- -5.53%
- YTD
- -6.58%
- 1Y
- -9.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRCO vs. YQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRCO YieldMax CRCL Option Income Strategy ETF | -10.55% | -38.00% |
YQQQ YieldMax Short N100 Option Income Strategy ETF | -6.58% | 1.13% |
Correlation
The correlation between CRCO and YQQQ is -0.41, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | -0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CRCO vs. YQQQ — Risk / Return Rank
CRCO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
YQQQ
CRCO vs. YQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax CRCL Option Income Strategy ETF (CRCO) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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 | YQQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.90 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.42 | — |
| Martin ratioReturn relative to average drawdown | — | -0.98 | — |
Loading charts...
Drawdowns
CRCO vs. YQQQ - Drawdown Comparison
The maximum CRCO drawdown since its inception was -61.75%, which is greater than YQQQ's maximum drawdown of -29.10%. Use the drawdown chart below to compare losses from any high point for CRCO and YQQQ.
Loading charts...
Drawdown Indicators
| CRCO | YQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.75% | -29.10% | -32.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.80% | — |
Current DrawdownCurrent decline from peak | -49.70% | -26.31% | -23.39% |
Average DrawdownAverage peak-to-trough decline | -34.62% | -14.87% | -19.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.25% | — |
Volatility
CRCO vs. YQQQ - Volatility Comparison
Loading charts...
Volatility by Period
| CRCO | YQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.33% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.58% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 85.06% | 13.82% | +71.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.06% | 16.56% | +68.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.06% | 16.56% | +68.50% |
CRCO vs. YQQQ - Expense Ratio Comparison
CRCO has a 1.01% expense ratio, which is higher than YQQQ's 0.99% expense ratio.
Dividends
CRCO vs. YQQQ - Dividend Comparison
CRCO's dividend yield for the trailing twelve months is around 139.69%, more than YQQQ's 29.59% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CRCO YieldMax CRCL Option Income Strategy ETF | 139.69% | 35.79% | 0.00% |
YQQQ YieldMax Short N100 Option Income Strategy ETF | 29.59% | 31.71% | 7.88% |
Frequently Asked Questions
CRCO and YQQQ have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, YQQQ is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
YQQQ is cheaper with a 0.99% expense ratio, compared with 1.01% for CRCO.
CRCO has the higher dividend yield at 139.69%, compared with 29.59% for YQQQ.
Their fees differ too: 1.01% for CRCO and 0.99% for YQQQ.
Find the right allocation for CRCO and YQQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer