DISO vs. RATE
Compare and contrast key facts about YieldMax DIS Option Income Strategy ETF (DISO) and Global X Interest Rate Hedge ETF (RATE).
DISO and RATE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DISO is an actively managed fund by YieldMax. It was launched on Aug 24, 2023. RATE is an actively managed fund by Global X. It was launched on Jul 5, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DISO or RATE.
Key characteristics
| DISO | RATE | |
|---|---|---|
| YTD Return | 5.66% | 9.83% |
| 1Y Return | 6.84% | -10.00% |
| Sharpe Ratio | 0.43 | -0.34 |
| Sortino Ratio | 0.65 | -0.33 |
| Omega Ratio | 1.10 | 0.96 |
| Calmar Ratio | 0.35 | -0.30 |
| Martin Ratio | 0.69 | -0.63 |
| Ulcer Index | 11.72% | 13.66% |
| Daily Std Dev | 18.90% | 25.53% |
| Max Drawdown | -22.93% | -28.48% |
| Current Drawdown | -11.03% | -16.67% |
Correlation
The correlation between DISO and RATE is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
DISO vs. RATE - Performance Comparison
In the year-to-date period, DISO achieves a 5.66% return, which is significantly lower than RATE's 9.83% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DISO vs. RATE - Expense Ratio Comparison
DISO has a 1.01% expense ratio, which is higher than RATE's 0.50% expense ratio.
Risk-Adjusted Performance
DISO vs. RATE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax DIS Option Income Strategy ETF (DISO) and Global X Interest Rate Hedge ETF (RATE). 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.
Dividends
DISO vs. RATE - Dividend Comparison
DISO's dividend yield for the trailing twelve months is around 34.19%, more than RATE's 29.90% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
DISO YieldMax DIS Option Income Strategy ETF | 34.19% | 6.87% | 0.00% |
RATE Global X Interest Rate Hedge ETF | 29.90% | 35.06% | 15.44% |
Drawdowns
DISO vs. RATE - Drawdown Comparison
The maximum DISO drawdown since its inception was -22.93%, smaller than the maximum RATE drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for DISO and RATE. For additional features, visit the drawdowns tool.
Volatility
DISO vs. RATE - Volatility Comparison
The current volatility for YieldMax DIS Option Income Strategy ETF (DISO) is 3.81%, while Global X Interest Rate Hedge ETF (RATE) has a volatility of 9.39%. This indicates that DISO experiences smaller price fluctuations and is considered to be less risky than RATE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.