Correlation
The correlation between DISO and RATE is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
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.
Performance
DISO vs. RATE - Performance Comparison
Loading data...
Key characteristics
DISO:
0.39
RATE:
-0.37
DISO:
0.66
RATE:
-0.38
DISO:
1.10
RATE:
0.96
DISO:
0.33
RATE:
-0.27
DISO:
1.00
RATE:
-0.71
DISO:
8.90%
RATE:
11.00%
DISO:
23.70%
RATE:
21.78%
DISO:
-26.62%
RATE:
-28.48%
DISO:
-5.13%
RATE:
-18.96%
Returns By Period
In the year-to-date period, DISO achieves a -1.65% return, which is significantly higher than RATE's -5.75% return.
DISO
-1.65%
16.88%
-4.83%
9.25%
N/A
N/A
N/A
RATE
-5.75%
1.25%
2.31%
-7.95%
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 Rank
DISO
RATE
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.
Loading data...
Dividends
DISO vs. RATE - Dividend Comparison
DISO's dividend yield for the trailing twelve months is around 35.27%, more than RATE's 4.47% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
DISO YieldMax DIS Option Income Strategy ETF | 35.27% | 37.33% | 6.87% | 0.00% |
RATE Global X Interest Rate Hedge ETF | 4.47% | 4.20% | 35.06% | 15.44% |
Drawdowns
DISO vs. RATE - Drawdown Comparison
The maximum DISO drawdown since its inception was -26.62%, 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.
Loading data...
Volatility
DISO vs. RATE - Volatility Comparison
YieldMax DIS Option Income Strategy ETF (DISO) has a higher volatility of 7.76% compared to Global X Interest Rate Hedge ETF (RATE) at 5.19%. This indicates that DISO's price experiences larger fluctuations and is considered to be riskier than RATE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...