DISO vs. DIS

Last updated Jun 23, 2026

DISO (YieldMax DIS Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while DIS (The Walt Disney Company) is a stock. Over the past year, DISO returned -9.02% vs -11.94% for DIS. Their correlation of 0.92 suggests significant overlap in exposure.

Performance

DISO vs. DIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax DIS Option Income Strategy ETF (DISO) and The Walt Disney Company (DIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DISO having a -10.18% return and DIS slightly higher at -9.95%.

DISO

• 1D: 0.00%
• 1M: -1.79%
• YTD: -10.18%
• 6M: -8.83%
• 1Y: -9.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIS

• 1D: -1.39%
• 1M: -0.53%
• YTD: -9.95%
• 6M: -8.84%
• 1Y: -11.94%
• 3Y*: 5.98%
• 5Y*: -9.77%
• 10Y*: 1.51%

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

DISO vs. DIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DISO YieldMax DIS Option Income Strategy ETF	-10.18%	2.12%	14.56%	9.17%
DIS The Walt Disney Company	-9.95%	3.30%	24.44%	9.84%

Correlation

The correlation between DISO and DIS is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Aug 25, 2023	0.92

The correlation between DISO and DIS has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

DISO vs. DIS — Risk / Return Rank

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

DISO

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

DIS

DIS Risk / Return Rank: 21
DIS Sharpe Ratio Rank: 20
DIS Sortino Ratio Rank: 19
DIS Omega Ratio Rank: 20
DIS Calmar Ratio Rank: 25
DIS Martin Ratio Rank: 23

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.

DISO vs. DIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax DIS Option Income Strategy ETF (DISO) and The Walt Disney Company (DIS). 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.

	DISO	DIS	Difference
Sharpe ratio: Return per unit of total volatility	-0.45	-0.49	+0.04
Sortino ratio: Return per unit of downside risk	-0.51	-0.55	+0.04
Omega ratio: Gain probability vs. loss probability	0.94	0.93	0.00
Calmar ratio: Return relative to maximum drawdown	-0.50	-0.48	-0.02
Martin ratio: Return relative to average drawdown	-1.08	-0.94	-0.13

DISO vs. DIS - Sharpe Ratio Comparison

The current DISO Sharpe Ratio is -0.45, which is comparable to the DIS Sharpe Ratio of -0.49. The chart below compares the historical Sharpe Ratios of DISO and DIS, 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

DISO vs. DIS - Drawdown Comparison

The maximum DISO drawdown since its inception was -26.62%, smaller than the maximum DIS drawdown of -85.66%. Use the drawdown chart below to compare losses from any high point for DISO and DIS.

Drawdown Indicators

	DISO	DIS	Difference
Max Drawdown Largest peak-to-trough decline	-26.62%	-85.66%	+59.04%
Max Drawdown (1Y) Largest decline over 1 year	-18.08%	-24.97%	+6.89%
Max Drawdown (3Y) Largest decline over 3 years	—	-32.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-57.33%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-60.72%	—
Current Drawdown Current decline from peak	-12.68%	-48.06%	+35.38%
Average Drawdown Average peak-to-trough decline	-7.74%	-26.78%	+19.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.38%	12.70%	-4.32%

Volatility

DISO vs. DIS - Volatility Comparison

The current volatility for YieldMax DIS Option Income Strategy ETF (DISO) is 3.29%, while The Walt Disney Company (DIS) has a volatility of 5.64%. This indicates that DISO experiences smaller price fluctuations and is considered to be less risky than DIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DISO	DIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	5.64%	-2.35%
Volatility (6M) Calculated over the trailing 6-month period	15.73%	19.42%	-3.69%
Volatility (1Y) Calculated over the trailing 1-year period	20.06%	24.42%	-4.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.36%	29.38%	-8.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.36%	28.81%	-7.45%

Dividends

DISO vs. DIS - Dividend Comparison

DISO has not paid dividends to shareholders, while DIS's dividend yield for the trailing twelve months is around 1.22%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIS The Walt Disney Company	1.22%	1.10%	0.85%	0.33%	0.00%	0.00%	0.00%	1.22%	1.57%	1.51%	1.43%	1.30%
DISO YieldMax DIS Option Income Strategy ETF	40.16%	38.87%	37.33%	6.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DISO and DIS in my portfolio?

With a correlation of 0.94, DISO and DIS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DISO or DIS?

DIS has higher volatility (5.64%) compared to DISO (3.29%). In terms of maximum drawdown, DISO dropped -26.62% vs DIS's -85.66%.

Which has better risk-adjusted returns?

DISO currently has the higher Sharpe Ratio (-0.45 vs -0.49), 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.