DDDD vs. MRNY

Last updated Jul 17, 2026

DDDD (YieldMax U.S. Stocks Target Double Distribution ETF) and MRNY (YieldMax MRNA Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. At a 0.00 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

DDDD vs. MRNY - 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 YieldMax MRNA Option Income Strategy ETF (MRNY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDDD

• 1D: 2.16%
• 1M: 1.49%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MRNY

• 1D: -6.67%
• 1M: 9.93%
• 6M: 42.34%
• YTD: 80.55%
• 1Y: 53.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDDD vs. MRNY - Yearly Performance Comparison

	2026 (YTD)
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	7.01%
MRNY YieldMax MRNA Option Income Strategy ETF	8.88%

Correlation

The correlation between DDDD and MRNY is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.00

Return for Risk

DDDD vs. MRNY — Risk / Return Rank

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

DDDD

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

MRNY

MRNY Risk / Return Rank: 36
MRNY Sharpe Ratio Rank: 34
MRNY Sortino Ratio Rank: 39
MRNY Omega Ratio Rank: 37
MRNY Calmar Ratio Rank: 40
MRNY Martin Ratio Rank: 29

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. MRNY - 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 YieldMax MRNA Option Income Strategy ETF (MRNY). 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.

	DDDD	MRNY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.00	—
Sortino ratio: Return per unit of downside risk	—	1.72	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.69	—
Martin ratio: Return relative to average drawdown	—	3.25	—

Drawdowns

DDDD vs. MRNY - Drawdown Comparison

The maximum DDDD drawdown since its inception was -3.04%, smaller than the maximum MRNY drawdown of -82.15%. Use the drawdown chart below to compare losses from any high point for DDDD and MRNY.

Drawdown Indicators

	DDDD	MRNY	Difference
Max Drawdown Largest peak-to-trough decline	-3.04%	-82.15%	+79.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.53%	—
Current Drawdown Current decline from peak	0.00%	-61.99%	+61.99%
Average Drawdown Average peak-to-trough decline	-0.91%	-52.99%	+52.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.38%	—

Volatility

Volatility by Period

	DDDD	MRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.46%	53.19%	-42.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.46%	51.61%	-41.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.46%	51.61%	-41.15%

DDDD vs. MRNY - Expense Ratio Comparison

Both DDDD and MRNY have an expense ratio of 0.99%.

Dividends

DDDD vs. MRNY - Dividend Comparison

DDDD's dividend yield for the trailing twelve months is around 1.55%, less than MRNY's 96.59% yield.

Position	TTM	2025	2024	2023
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	1.55%	0.00%	0.00%	0.00%
MRNY YieldMax MRNA Option Income Strategy ETF	96.59%	145.98%	178.49%	1.75%

Frequently Asked Questions

Can I hold both DDDD and MRNY in my portfolio?

DDDD and MRNY have a correlation of 0.00, 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 MRNY?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDDD or MRNY?

DDDD and MRNY have the same expense ratio: 0.99% per year.

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

MRNY has the higher dividend yield at 96.59%, compared with 1.55% for DDDD.