DRKY vs. PEPS
DRKY (VistaShares Target 15 Druckenmiller Macro Distribution ETF) and PEPS (Parametric Equity Plus ETF) are both Derivative Income funds. Both are actively managed. Their 0.72 correlation means they have sometimes moved together and sometimes differently. DRKY charges 0.95%/yr vs 0.10%/yr for PEPS.
Performance
DRKY vs. PEPS - Performance Comparison
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Returns By Period
In the year-to-date period, DRKY achieves a -0.50% return, which is significantly lower than PEPS's 10.53% return.
DRKY
- 1D
- -0.01%
- 1M
- -3.99%
- 6M
- -0.53%
- YTD
- -0.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PEPS
- 1D
- 0.81%
- 1M
- 0.80%
- 6M
- 8.59%
- YTD
- 10.53%
- 1Y
- 24.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $153.43K | $161.45K | $207.00K | |
| $5.31K | $5.85K | $15.49K |
DRKY vs. PEPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF | -0.50% | 11.81% |
PEPS Parametric Equity Plus ETF | 10.53% | 3.00% |
Correlation
The correlation between DRKY and PEPS is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025 | 0.72 |
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Return for Risk
DRKY vs. PEPS — Risk / Return Rank
DRKY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PEPS
DRKY vs. PEPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY) and Parametric Equity Plus ETF (PEPS). 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 | PEPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.31 | — |
| Martin ratioReturn relative to average drawdown | — | 10.10 | — |
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Drawdowns
DRKY vs. PEPS - Drawdown Comparison
The maximum DRKY drawdown since its inception was -15.68%, smaller than the maximum PEPS drawdown of -21.26%. Use the drawdown chart below to compare losses from any high point for DRKY and PEPS.
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Drawdown Indicators
| DRKY | PEPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.68% | -21.26% | +5.58% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.80% | — |
Current DrawdownCurrent decline from peak | -5.62% | -0.66% | -4.96% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -2.67% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.24% | — |
Volatility
DRKY vs. PEPS - Volatility Comparison
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Volatility by Period
| DRKY | PEPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.00% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.93% | 14.21% | +6.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.93% | 18.11% | +2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.93% | 18.11% | +2.82% |
DRKY vs. PEPS - Expense Ratio Comparison
DRKY has a 0.95% expense ratio, which is higher than PEPS's 0.10% expense ratio.
Dividends
DRKY vs. PEPS - Dividend Comparison
DRKY's dividend yield for the trailing twelve months is around 13.06%, more than PEPS's 0.92% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF | 13.06% | 3.66% | 0.00% |
PEPS Parametric Equity Plus ETF | 0.92% | 1.00% | 0.17% |
Frequently Asked Questions
DRKY and PEPS have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PEPS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PEPS is cheaper with a 0.10% expense ratio, compared with 0.95% for DRKY.
DRKY has the higher dividend yield at 13.06%, compared with 0.92% for PEPS.
They also come from different issuers: VistaShares and Parametric. Their fees differ too: 0.95% for DRKY and 0.10% for PEPS.
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