DRKY vs. CHPY

Last updated Jun 4, 2026

DRKY (VistaShares Target 15 Druckenmiller Macro Distribution ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. DRKY charges 0.95%/yr vs 0.99%/yr for CHPY.

Performance

DRKY vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRKY achieves a -1.44% return, which is significantly lower than CHPY's 85.77% return.

DRKY

• 1D: -0.88%
• 1M: -1.87%
• YTD: -1.44%
• 6M: -1.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: 1.14%
• 1M: 29.53%
• YTD: 85.77%
• 6M: 85.49%
• 1Y: 149.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRKY vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	-1.44%	11.61%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	85.77%	5.55%

Correlation

The correlation between DRKY and CHPY is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.55

Return for Risk

DRKY vs. CHPY — Risk / Return Rank

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

CHPY

CHPY Risk / Return Rank: 97
CHPY Sharpe Ratio Rank: 98
CHPY Sortino Ratio Rank: 96
CHPY Omega Ratio Rank: 96
CHPY Calmar Ratio Rank: 97
CHPY Martin Ratio Rank: 97

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.

DRKY vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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

	DRKY	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	4.83	-4.07

Drawdowns

DRKY vs. CHPY - Drawdown Comparison

The maximum DRKY drawdown since its inception was -15.68%, which is greater than CHPY's maximum drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for DRKY and CHPY.

Drawdown Indicators

	DRKY	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-15.68%	-12.17%	-3.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.17%	—
Current Drawdown Current decline from peak	-4.92%	0.00%	-4.92%
Average Drawdown Average peak-to-trough decline	-4.50%	-1.98%	-2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.18%	—

Volatility

Volatility by Period

	DRKY	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.93%	27.59%	-6.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.93%	33.17%	-12.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.93%	33.17%	-12.24%

DRKY vs. CHPY - Expense Ratio Comparison

DRKY has a 0.95% expense ratio, which is lower than CHPY's 0.99% expense ratio.

Dividends

DRKY vs. CHPY - Dividend Comparison

DRKY's dividend yield for the trailing twelve months is around 10.33%, less than CHPY's 28.40% yield.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.40%	28.19%
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	10.33%	3.66%

Frequently Asked Questions

Can I hold both DRKY and CHPY in my portfolio?

DRKY and CHPY have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRKY or CHPY?

On fees, DRKY is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRKY or CHPY?

DRKY is cheaper with a 0.95% expense ratio, compared with 0.99% for CHPY.

Which ETF pays a higher dividend yield, DRKY or CHPY?

CHPY has the higher dividend yield at 28.40%, compared with 10.33% for DRKY.

What is the main difference between DRKY and CHPY?

They also come from different issuers: VistaShares and YieldMax. Their fees differ too: 0.95% for DRKY and 0.99% for CHPY.