DDDD vs. BUYW

Last updated Jun 5, 2026

DDDD (YieldMax U.S. Stocks Target Double Distribution ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. DDDD charges 0.99%/yr vs 1.29%/yr for BUYW.

Performance

DDDD vs. BUYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax U.S. Stocks Target Double Distribution ETF (DDDD) and Main Buywrite ETF (BUYW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDDD

• 1D: 0.79%
• 1M: 2.76%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUYW

• 1D: 0.28%
• 1M: 0.92%
• YTD: 3.68%
• 6M: 4.93%
• 1Y: 10.30%
• 3Y*: 8.75%
• 5Y*: —
• 10Y*: —

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

DDDD vs. BUYW - Yearly Performance Comparison

	2026 (YTD)
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	5.91%
BUYW Main Buywrite ETF	4.10%

Correlation

The correlation between DDDD and BUYW is 0.57, 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 Mar 13, 2026	0.57

Return for Risk

DDDD vs. BUYW — Risk / Return Rank

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

BUYW

BUYW Risk / Return Rank: 76
BUYW Sharpe Ratio Rank: 66
BUYW Sortino Ratio Rank: 73
BUYW Omega Ratio Rank: 73
BUYW Calmar Ratio Rank: 79
BUYW Martin Ratio Rank: 91

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.

DDDD vs. BUYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax U.S. Stocks Target Double Distribution ETF (DDDD) and Main Buywrite ETF (BUYW). 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

	DDDD	BUYW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.94	1.17	+1.77

Drawdowns

DDDD vs. BUYW - Drawdown Comparison

The maximum DDDD drawdown since its inception was -1.88%, smaller than the maximum BUYW drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for DDDD and BUYW.

Drawdown Indicators

	DDDD	BUYW	Difference
Max Drawdown Largest peak-to-trough decline	-1.88%	-9.36%	+7.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.36%	—
Current Drawdown Current decline from peak	-0.44%	0.00%	-0.44%
Average Drawdown Average peak-to-trough decline	-0.59%	-0.61%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.48%	—

Volatility

Volatility by Period

	DDDD	BUYW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.71%	4.85%	+4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.71%	8.47%	+1.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.71%	8.47%	+1.24%

DDDD vs. BUYW - Expense Ratio Comparison

DDDD has a 0.99% expense ratio, which is lower than BUYW's 1.29% expense ratio.

Dividends

DDDD vs. BUYW - Dividend Comparison

DDDD has not paid dividends to shareholders, while BUYW's dividend yield for the trailing twelve months is around 5.89%.

Position	TTM	2025	2024	2023	2022
BUYW Main Buywrite ETF	5.89%	5.89%	5.93%	5.95%	0.50%
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DDDD and BUYW in my portfolio?

DDDD and BUYW have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDDD or BUYW?

On fees, DDDD 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, DDDD or BUYW?

DDDD is cheaper with a 0.99% expense ratio, compared with 1.29% for BUYW.

Which ETF pays a higher dividend yield, DDDD or BUYW?

BUYW has the higher dividend yield at 5.89%, compared with 0.00% for DDDD.

What is the main difference between DDDD and BUYW?

They also come from different issuers: YieldMax and Main Funds. Their fees differ too: 0.99% for DDDD and 1.29% for BUYW.