CRSH vs. JOYT

Last updated Aug 5, 2026

CRSH (YieldMax Short TSLA Option Income Strategy ETF) and JOYT (JPMorgan Equity And Options Total Return ETF) are both Derivative Income funds. Both are actively managed. Their -0.55 correlation means they have often moved in opposite directions in the past. CRSH charges 0.99%/yr vs 0.35%/yr for JOYT.

Performance

CRSH vs. JOYT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Short TSLA Option Income Strategy ETF (CRSH) and JPMorgan Equity And Options Total Return ETF (JOYT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRSH achieves a 21.72% return, which is significantly higher than JOYT's 8.54% return.

CRSH

• 1D: -1.60%
• 1M: 13.05%
• 6M: 14.20%
• YTD: 21.72%
• 1Y: -7.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -26.35%

JOYT

• 1D: 0.26%
• 1M: 3.40%
• 6M: 6.43%
• YTD: 8.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CRSH YieldMax Short TSLA Option Income Strategy ETF	$457.04K	$338.01K	$365.84K
JOYT JPMorgan Equity And Options Total Return ETF	$450.22K	$281.56K	$428.15K

CRSH vs. JOYT - Yearly Performance Comparison

	2026 (YTD)	2025
CRSH YieldMax Short TSLA Option Income Strategy ETF	21.72%	-19.00%
JOYT JPMorgan Equity And Options Total Return ETF	8.54%	9.15%

Correlation

The correlation between CRSH and JOYT is -0.55, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025	-0.55

Return for Risk

CRSH vs. JOYT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CRSH

CRSH Risk / Return Rank: 8
CRSH Sharpe Ratio Rank: 7
CRSH Sortino Ratio Rank: 8
CRSH Omega Ratio Rank: 8
CRSH Calmar Ratio Rank: 7
CRSH Martin Ratio Rank: 7

JOYT

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CRSH vs. JOYT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Short TSLA Option Income Strategy ETF (CRSH) and JPMorgan Equity And Options Total Return ETF (JOYT). 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.

	CRSH	JOYT	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	—	—
Sortino ratio: Return per unit of downside risk	-0.06	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.26	—	—
Martin ratio: Return relative to average drawdown	-0.41	—	—

Drawdowns

CRSH vs. JOYT - Drawdown Comparison

The maximum CRSH drawdown since its inception was -63.68%, which is greater than JOYT's maximum drawdown of -6.99%. Use the drawdown chart below to compare losses from any high point for CRSH and JOYT.

Drawdown Indicators

	CRSH	JOYT	Difference
Max Drawdown Largest peak-to-trough decline	-63.68%	-6.99%	-56.69%
Max Drawdown (1Y) Largest decline over 1 year	-30.50%	—	—
Current Drawdown Current decline from peak	-52.11%	0.00%	-52.11%
Average Drawdown Average peak-to-trough decline	-44.01%	-0.85%	-43.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.37%	—	—

Volatility

Volatility by Period

	CRSH	JOYT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	36.86%	9.68%	+27.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.45%	9.68%	+37.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.45%	9.68%	+37.77%

CRSH vs. JOYT - Expense Ratio Comparison

CRSH has a 0.99% expense ratio, which is higher than JOYT's 0.35% expense ratio.

Dividends

CRSH vs. JOYT - Dividend Comparison

CRSH's dividend yield for the trailing twelve months is around 78.07%, more than JOYT's 0.61% yield.

Position	TTM	2025	2024
CRSH YieldMax Short TSLA Option Income Strategy ETF	78.07%	138.78%	94.25%
JOYT JPMorgan Equity And Options Total Return ETF	0.61%	0.28%	0.00%

Frequently Asked Questions

Can I hold both CRSH and JOYT in my portfolio?

CRSH and JOYT have a correlation of -0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRSH or JOYT?

On fees, JOYT is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRSH or JOYT?

JOYT is cheaper with a 0.35% expense ratio, compared with 0.99% for CRSH.

Which ETF pays a higher dividend yield, CRSH or JOYT?

CRSH has the higher dividend yield at 78.07%, compared with 0.61% for JOYT.

What is the main difference between CRSH and JOYT?

They also come from different issuers: YieldMax and JPMorgan. Their fees differ too: 0.99% for CRSH and 0.35% for JOYT.