DRKY vs. OMAH

Last updated Jul 14, 2026

DRKY (VistaShares Target 15 Druckenmiller Macro Distribution ETF) and OMAH (VistaShares Target 15™ Berkshire Select Income ETF) are both Derivative Income funds from VistaShares. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.

Performance

DRKY vs. OMAH - Performance Comparison

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

Returns By Period

In the year-to-date period, DRKY achieves a 3.08% return, which is significantly lower than OMAH's 9.21% return.

DRKY

• 1D: -1.02%
• 1M: 5.64%
• 6M: 0.85%
• YTD: 3.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OMAH

• 1D: 0.53%
• 1M: 2.66%
• 6M: 9.10%
• YTD: 9.21%
• 1Y: 13.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRKY vs. OMAH - Yearly Performance Comparison

	2026 (YTD)	2025
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	3.08%	11.81%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	9.21%	1.07%

Correlation

The correlation between DRKY and OMAH is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025	0.35

Return for Risk

DRKY vs. OMAH — Risk / Return Rank

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

DRKY

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

OMAH

OMAH Risk / Return Rank: 67
OMAH Sharpe Ratio Rank: 60
OMAH Sortino Ratio Rank: 60
OMAH Omega Ratio Rank: 57
OMAH Calmar Ratio Rank: 90
OMAH Martin Ratio Rank: 70

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. OMAH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY) and VistaShares Target 15™ Berkshire Select Income ETF (OMAH). 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.

	DRKY	OMAH	Difference
Sharpe ratio: Return per unit of total volatility	—	1.59	—
Sortino ratio: Return per unit of downside risk	—	2.24	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	4.35	—
Martin ratio: Return relative to average drawdown	—	10.23	—

Drawdowns

DRKY vs. OMAH - Drawdown Comparison

The maximum DRKY drawdown since its inception was -15.68%, which is greater than OMAH's maximum drawdown of -11.83%. Use the drawdown chart below to compare losses from any high point for DRKY and OMAH.

Drawdown Indicators

	DRKY	OMAH	Difference
Max Drawdown Largest peak-to-trough decline	-15.68%	-11.83%	-3.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.00%	—
Current Drawdown Current decline from peak	-2.22%	0.00%	-2.22%
Average Drawdown Average peak-to-trough decline	-4.34%	-1.25%	-3.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.27%	—

Volatility

Volatility by Period

	DRKY	OMAH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.14%	8.21%	+12.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.14%	12.92%	+8.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.14%	12.92%	+8.22%

DRKY vs. OMAH - Expense Ratio Comparison

Both DRKY and OMAH have an expense ratio of 0.95%.

Dividends

DRKY vs. OMAH - Dividend Comparison

DRKY's dividend yield for the trailing twelve months is around 11.24%, less than OMAH's 14.94% yield.

Position	TTM	2025
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	11.24%	3.66%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	14.94%	12.86%

Frequently Asked Questions

Can I hold both DRKY and OMAH in my portfolio?

DRKY and OMAH have a correlation of 0.35, 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 OMAH?

Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRKY or OMAH?

DRKY and OMAH have the same expense ratio: 0.95% per year.

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

OMAH has the higher dividend yield at 14.94%, compared with 11.24% for DRKY.