CVNY vs. EINC
CVNY (YieldMax CVNA Option Income Strategy ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - CVNY is a Derivative Income fund actively managed by YieldMax, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. CVNY is actively managed, while EINC is passively managed. Over the past year, CVNY returned 6.92% vs 27.21% for EINC. At a correlation of -0.00, they often move in opposite directions. CVNY charges 0.99%/yr vs 0.45%/yr for EINC.
Performance
CVNY vs. EINC - Performance Comparison
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Returns By Period
In the year-to-date period, CVNY achieves a -17.17% return, which is significantly lower than EINC's 24.27% return.
CVNY
- 1D
- -0.12%
- 1M
- -0.57%
- YTD
- -17.17%
- 6M
- -19.03%
- 1Y
- 6.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EINC
- 1D
- 1.33%
- 1M
- -5.79%
- YTD
- 24.27%
- 6M
- 25.77%
- 1Y
- 27.21%
- 3Y*
- 29.77%
- 5Y*
- 20.86%
- 10Y*
- 11.88%
CVNY vs. EINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CVNY YieldMax CVNA Option Income Strategy ETF | -17.17% | 52.13% |
EINC VanEck Energy Income ETF | 24.27% | 2.41% |
Correlation
The correlation between CVNY and EINC is -0.21, 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 (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2025 | -0.00 |
Over the past year, the inverse relationship between CVNY and EINC has strengthened: their correlation has moved from -0.00 to -0.21, meaning they now move in opposite directions more often than their long-term average.
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Return for Risk
CVNY vs. EINC — Risk / Return Rank
CVNY
EINC
CVNY vs. EINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax CVNA Option Income Strategy ETF (CVNY) and VanEck Energy Income ETF (EINC). 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.
| CVNY | EINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.32 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 3.47 | -3.27 |
| Martin ratioReturn relative to average drawdown | 0.41 | 8.82 | -8.41 |
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Drawdowns
CVNY vs. EINC - Drawdown Comparison
The maximum CVNY drawdown since its inception was -43.27%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for CVNY and EINC.
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Drawdown Indicators
| CVNY | EINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.27% | -87.55% | +44.28% |
Max Drawdown (1Y)Largest decline over 1 year | -36.27% | -7.89% | -28.38% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.85% | — |
Current DrawdownCurrent decline from peak | -25.46% | -5.79% | -19.67% |
Average DrawdownAverage peak-to-trough decline | -13.80% | -44.16% | +30.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.76% | 3.09% | +13.67% |
Volatility
CVNY vs. EINC - Volatility Comparison
YieldMax CVNA Option Income Strategy ETF (CVNY) has a higher volatility of 16.12% compared to VanEck Energy Income ETF (EINC) at 6.32%. This indicates that CVNY's price experiences larger fluctuations and is considered to be riskier than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVNY | EINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.12% | 6.32% | +9.80% |
Volatility (6M)Calculated over the trailing 6-month period | 36.95% | 11.86% | +25.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.79% | 15.07% | +34.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.03% | 19.54% | +38.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.03% | 25.43% | +32.60% |
CVNY vs. EINC - Expense Ratio Comparison
CVNY has a 0.99% expense ratio, which is higher than EINC's 0.45% expense ratio.
Dividends
CVNY vs. EINC - Dividend Comparison
CVNY's dividend yield for the trailing twelve months is around 112.21%, more than EINC's 3.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVNY YieldMax CVNA Option Income Strategy ETF | 112.21% | 80.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EINC VanEck Energy Income ETF | 3.56% | 4.51% | 3.33% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% |
Frequently Asked Questions
CVNY and EINC have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVNY has higher volatility (16.12%) compared to EINC (6.32%). In terms of maximum drawdown, CVNY dropped -43.27% vs EINC's -87.55%.
On 1-year performance, EINC leads with 27.21% vs 6.92% for CVNY. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EINC has performed better with a 27.21% return vs 6.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EINC is cheaper with a 0.45% expense ratio, compared with 0.99% for CVNY.
CVNY has the higher dividend yield at 112.21%, compared with 3.56% for EINC.
CVNY is categorized as Derivative Income, while EINC is Energy Equities. They also come from different issuers: YieldMax and VanEck. Their fees differ too: 0.99% for CVNY and 0.45% for EINC.
EINC currently has the higher Sharpe Ratio (1.82 vs 0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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