CRVL vs. MSTY

Last updated Apr 2, 2026

Compare and contrast key facts about CorVel Corporation (CRVL) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).

MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.

Performance

CRVL vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CorVel Corporation (CRVL) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

CRVL vs. MSTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CRVL CorVel Corporation	-20.79%	-39.18%	32.97%
MSTY YieldMax™ MSTR Option Income Strategy ETF	-14.76%	-42.71%	200.20%

Returns By Period

In the year-to-date period, CRVL achieves a -20.79% return, which is significantly lower than MSTY's -14.76% return.

CRVL

• 1D: -1.92%
• 1M: 2.25%
• YTD: -20.79%
• 6M: -27.14%
• 1Y: -52.74%
• 3Y*: -5.46%
• 5Y*: 8.98%
• 10Y*: 14.59%

MSTY

• 1D: -1.36%
• 1M: -7.50%
• YTD: -14.76%
• 6M: -56.08%
• 1Y: -52.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

CRVL vs. MSTY — Risk / Return Rank

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

CRVL

CRVL Risk / Return Rank: 5
CRVL Sharpe Ratio Rank: 1
CRVL Sortino Ratio Rank: 2
CRVL Omega Ratio Rank: 1
CRVL Calmar Ratio Rank: 10
CRVL Martin Ratio Rank: 9

MSTY

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

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.

CRVL vs. MSTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CorVel Corporation (CRVL) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.

	CRVL	MSTY	Difference
Sharpe ratio Return per unit of total volatility	-1.35	-0.82	-0.53
Sortino ratio Return per unit of downside risk	-1.96	-1.20	-0.76
Omega ratio Gain probability vs. loss probability	0.70	0.86	-0.16
Calmar ratio Return relative to maximum drawdown	-0.85	-0.69	-0.16
Martin ratio Return relative to average drawdown	-1.49	-1.23	-0.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRVL vs. MSTY - Sharpe Ratio Comparison

The current CRVL Sharpe Ratio is -1.35, which is lower than the MSTY Sharpe Ratio of -0.82. The chart below compares the historical Sharpe Ratios of CRVL and MSTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CRVL	MSTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.35	-0.82	-0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.28	+0.10

Correlation

The correlation between CRVL and MSTY is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CRVL vs. MSTY - Dividend Comparison

CRVL has not paid dividends to shareholders, while MSTY's dividend yield for the trailing twelve months is around 302.86%.

	TTM	2025	2024
CRVL CorVel Corporation	0.00%	0.00%	0.00%
MSTY YieldMax™ MSTR Option Income Strategy ETF	302.86%	294.61%	104.56%

Drawdowns

CRVL vs. MSTY - Drawdown Comparison

The maximum CRVL drawdown since its inception was -67.12%, smaller than the maximum MSTY drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for CRVL and MSTY.

Drawdown Indicators

	CRVL	MSTY	Difference
Max Drawdown Largest peak-to-trough decline	-67.12%	-71.79%	+4.67%
Max Drawdown (1Y) Largest decline over 1 year	-61.23%	-71.79%	+10.56%
Max Drawdown (5Y) Largest decline over 5 years	-64.19%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.19%	—	—
Current Drawdown Current decline from peak	-58.27%	-66.49%	+8.22%
Average Drawdown Average peak-to-trough decline	-20.18%	-23.45%	+3.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.10%	40.24%	-5.14%

Volatility

CRVL vs. MSTY - Volatility Comparison

The current volatility for CorVel Corporation (CRVL) is 8.32%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 14.72%. This indicates that CRVL experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRVL	MSTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.32%	14.72%	-6.40%
Volatility (6M) Calculated over the trailing 6-month period	36.72%	48.87%	-12.15%
Volatility (1Y) Calculated over the trailing 1-year period	39.20%	63.89%	-24.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.66%	72.61%	-39.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.26%	72.61%	-38.35%