DGICA vs. SNOY

Last updated Aug 5, 2026

DGICA (Donegal Group Inc.) is a stock, while SNOY (YieldMax SNOW Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, DGICA returned 19.44% vs 42.54% for SNOY. Their 0.10 correlation means their historical movements had little consistent relationship.

Performance

DGICA vs. SNOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Donegal Group Inc. (DGICA) and YieldMax SNOW Option Income Strategy ETF (SNOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGICA achieves a 0.46% return, which is significantly lower than SNOY's 40.69% return.

DGICA

• 1D: -1.52%
• 1M: 1.87%
• 6M: 5.74%
• YTD: 0.46%
• 1Y: 19.44%
• 3Y*: 14.40%
• 5Y*: 9.67%
• 10Y*: 6.30%
• ALL TIME*: 8.70%

SNOY

• 1D: 2.28%
• 1M: 19.35%
• 6M: 75.46%
• YTD: 40.69%
• 1Y: 42.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 45.28%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DGICA Donegal Group Inc.	$2.55M	$2.41M	$2.53M
SNOY YieldMax SNOW Option Income Strategy ETF	$2.38M	$1.81M	$1.22M

DGICA vs. SNOY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DGICA Donegal Group Inc.	0.46%	34.64%	21.52%
SNOY YieldMax SNOW Option Income Strategy ETF	40.69%	30.66%	21.28%

Correlation

The correlation between DGICA and SNOY is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.02
Correlation (All Time) Calculated using the full available price history since Jun 11, 2024	0.10

Return for Risk

DGICA vs. SNOY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DGICA

DGICA Risk / Return Rank: 64
DGICA Sharpe Ratio Rank: 70
DGICA Sortino Ratio Rank: 64
DGICA Omega Ratio Rank: 62
DGICA Calmar Ratio Rank: 64
DGICA Martin Ratio Rank: 62

SNOY

SNOY Risk / Return Rank: 31
SNOY Sharpe Ratio Rank: 28
SNOY Sortino Ratio Rank: 38
SNOY Omega Ratio Rank: 40
SNOY Calmar Ratio Rank: 25
SNOY Martin Ratio Rank: 23

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DGICA vs. SNOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Donegal Group Inc. (DGICA) and YieldMax SNOW Option Income Strategy ETF (SNOY). 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.

	DGICA	SNOY	Difference
Sharpe ratio: Return per unit of total volatility	0.84	0.74	+0.09
Sortino ratio: Return per unit of downside risk	1.29	1.61	-0.32
Omega ratio: Gain probability vs. loss probability	1.16	1.21	-0.06
Calmar ratio: Return relative to maximum drawdown	0.96	0.84	+0.12
Martin ratio: Return relative to average drawdown	1.82	1.86	-0.03

DGICA vs. SNOY - Sharpe Ratio Comparison

The current DGICA Sharpe Ratio is 0.84, which is comparable to the SNOY Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of DGICA and SNOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DGICA vs. SNOY - Drawdown Comparison

The maximum DGICA drawdown since its inception was -43.36%, smaller than the maximum SNOY drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for DGICA and SNOY.

Drawdown Indicators

	DGICA	SNOY	Difference
Max Drawdown Largest peak-to-trough decline	-43.36%	-50.90%	+7.54%
Max Drawdown (1Y) Largest decline over 1 year	-20.43%	-50.90%	+30.47%
Max Drawdown (3Y) Largest decline over 3 years	-20.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.23%	—	—
Current Drawdown Current decline from peak	-4.19%	0.00%	-4.19%
Average Drawdown Average peak-to-trough decline	-14.17%	-12.12%	-2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.70%	22.99%	-12.29%

Volatility

DGICA vs. SNOY - Volatility Comparison

Donegal Group Inc. (DGICA) and YieldMax SNOW Option Income Strategy ETF (SNOY) have volatilities of 7.77% and 7.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGICA	SNOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.77%	7.60%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	17.39%	47.40%	-30.01%
Volatility (1Y) Calculated over the trailing 1-year period	23.42%	57.72%	-34.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.40%	50.80%	-27.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.51%	50.80%	-25.29%

Dividends

DGICA vs. SNOY - Dividend Comparison

DGICA's dividend yield for the trailing twelve months is around 3.85%, less than SNOY's 66.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGICA Donegal Group Inc.	3.85%	3.60%	4.44%	4.82%	4.61%	4.41%	4.23%	3.90%	4.16%	3.22%	3.13%	3.81%
SNOY YieldMax SNOW Option Income Strategy ETF	66.71%	84.96%	33.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DGICA and SNOY in my portfolio?

DGICA and SNOY have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DGICA or SNOY?

DGICA has higher volatility (7.77%) compared to SNOY (7.60%). In terms of maximum drawdown, DGICA dropped -43.36% vs SNOY's -50.90%.

Which has better risk-adjusted returns?

DGICA currently has the higher Sharpe Ratio (0.84 vs 0.74), 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.