DDDD vs. USOY

Last updated Jun 5, 2026

DDDD (YieldMax U.S. Stocks Target Double Distribution ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.08, they often move in opposite directions. DDDD charges 0.99%/yr vs 1.22%/yr for USOY.

Performance

DDDD vs. USOY - 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 Defiance Oil Enhanced Options Income ETF (USOY). 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*: —

USOY

• 1D: -1.79%
• 1M: -3.80%
• YTD: 59.27%
• 6M: 55.41%
• 1Y: 54.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDDD vs. USOY - Yearly Performance Comparison

	2026 (YTD)
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	5.91%
USOY Defiance Oil Enhanced Options Income ETF	14.16%

Correlation

The correlation between DDDD and USOY is -0.08, 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 13, 2026	-0.08

Return for Risk

DDDD vs. USOY — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 55
USOY Sharpe Ratio Rank: 54
USOY Sortino Ratio Rank: 45
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 77
USOY Martin Ratio Rank: 46

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. USOY - 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 Defiance Oil Enhanced Options Income ETF (USOY). 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	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.94	0.95	+1.99

Drawdowns

DDDD vs. USOY - Drawdown Comparison

The maximum DDDD drawdown since its inception was -1.88%, smaller than the maximum USOY drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for DDDD and USOY.

Drawdown Indicators

	DDDD	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-1.88%	-17.46%	+15.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	-0.44%	-6.81%	+6.37%
Average Drawdown Average peak-to-trough decline	-0.59%	-6.47%	+5.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.43%	—

Volatility

Volatility by Period

	DDDD	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.71%	30.50%	-20.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.71%	26.14%	-16.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.71%	26.14%	-16.43%

DDDD vs. USOY - Expense Ratio Comparison

DDDD has a 0.99% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

DDDD vs. USOY - Dividend Comparison

DDDD has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 56.65%.

Position	TTM	2025	2024
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	56.65%	104.32%	48.60%

Frequently Asked Questions

Can I hold both DDDD and USOY in my portfolio?

DDDD and USOY have a correlation of -0.08, 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 USOY?

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 USOY?

DDDD is cheaper with a 0.99% expense ratio, compared with 1.22% for USOY.

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

USOY has the higher dividend yield at 56.65%, compared with 0.00% for DDDD.

What is the main difference between DDDD and USOY?

They also come from different issuers: YieldMax and Defiance. Their fees differ too: 0.99% for DDDD and 1.22% for USOY.