EGGQ vs. FIAT

Last updated Aug 4, 2026

EGGQ (NestYield Visionary ETF) and FIAT (YieldMax Short COIN Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, EGGQ returned 27.63% vs 46.79% for FIAT. Their -0.51 correlation means they have often moved in opposite directions in the past. EGGQ charges 0.89%/yr vs 0.99%/yr for FIAT.

Performance

EGGQ vs. FIAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NestYield Visionary ETF (EGGQ) and YieldMax Short COIN Option Income Strategy ETF (FIAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EGGQ achieves a 18.78% return, which is significantly lower than FIAT's 20.47% return.

EGGQ

• 1D: 6.04%
• 1M: -6.16%
• 6M: 17.47%
• YTD: 18.78%
• 1Y: 27.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.09%

FIAT

• 1D: 0.37%
• 1M: 10.33%
• 6M: 5.84%
• YTD: 20.47%
• 1Y: 46.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -18.39%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EGGQ NestYield Visionary ETF	$306.96K	$307.42K	$371.96K
FIAT YieldMax Short COIN Option Income Strategy ETF	$1.18M	$1.16M	$1.55M

EGGQ vs. FIAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EGGQ NestYield Visionary ETF	18.78%	25.92%	-0.88%
FIAT YieldMax Short COIN Option Income Strategy ETF	20.47%	-24.17%	4.71%

Correlation

The correlation between EGGQ and FIAT is -0.41, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.41
Correlation (All Time) Calculated using the full available price history since Dec 30, 2024	-0.51

The correlation between EGGQ and FIAT shifts across timeframes, from -0.51 (all time) to -0.41 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EGGQ vs. FIAT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EGGQ

EGGQ Risk / Return Rank: 29
EGGQ Sharpe Ratio Rank: 27
EGGQ Sortino Ratio Rank: 29
EGGQ Omega Ratio Rank: 31
EGGQ Calmar Ratio Rank: 26
EGGQ Martin Ratio Rank: 31

FIAT

FIAT Risk / Return Rank: 35
FIAT Sharpe Ratio Rank: 35
FIAT Sortino Ratio Rank: 35
FIAT Omega Ratio Rank: 37
FIAT Calmar Ratio Rank: 38
FIAT Martin Ratio Rank: 31

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EGGQ vs. FIAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NestYield Visionary ETF (EGGQ) and YieldMax Short COIN Option Income Strategy ETF (FIAT). 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.

	EGGQ	FIAT	Difference
Sharpe ratio: Return per unit of total volatility	0.65	0.88	-0.23
Sortino ratio: Return per unit of downside risk	1.10	1.36	-0.26
Omega ratio: Gain probability vs. loss probability	1.15	1.18	-0.03
Calmar ratio: Return relative to maximum drawdown	0.82	1.37	-0.55
Martin ratio: Return relative to average drawdown	2.83	2.83	0.00

EGGQ vs. FIAT - Sharpe Ratio Comparison

The current EGGQ Sharpe Ratio is 0.65, which is comparable to the FIAT Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of EGGQ and FIAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EGGQ vs. FIAT - Drawdown Comparison

The maximum EGGQ drawdown since its inception was -33.64%, smaller than the maximum FIAT drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for EGGQ and FIAT.

Drawdown Indicators

	EGGQ	FIAT	Difference
Max Drawdown Largest peak-to-trough decline	-33.64%	-70.50%	+36.86%
Max Drawdown (1Y) Largest decline over 1 year	-33.64%	-34.22%	+0.58%
Current Drawdown Current decline from peak	-20.31%	-48.08%	+27.77%
Average Drawdown Average peak-to-trough decline	-6.48%	-45.69%	+39.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.78%	16.56%	-6.78%

Volatility

EGGQ vs. FIAT - Volatility Comparison

NestYield Visionary ETF (EGGQ) has a higher volatility of 23.31% compared to YieldMax Short COIN Option Income Strategy ETF (FIAT) at 15.57%. This indicates that EGGQ's price experiences larger fluctuations and is considered to be riskier than FIAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGGQ	FIAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.31%	15.57%	+7.74%
Volatility (6M) Calculated over the trailing 6-month period	38.49%	45.14%	-6.65%
Volatility (1Y) Calculated over the trailing 1-year period	42.60%	53.41%	-10.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.18%	60.06%	-20.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.18%	60.06%	-20.88%

EGGQ vs. FIAT - Expense Ratio Comparison

EGGQ has a 0.89% expense ratio, which is lower than FIAT's 0.99% expense ratio.

Dividends

EGGQ vs. FIAT - Dividend Comparison

EGGQ's dividend yield for the trailing twelve months is around 7.21%, less than FIAT's 100.80% yield.

Position	TTM	2025	2024
EGGQ NestYield Visionary ETF	7.21%	5.70%	0.00%
FIAT YieldMax Short COIN Option Income Strategy ETF	100.80%	178.11%	70.99%

Frequently Asked Questions

Can I hold both EGGQ and FIAT in my portfolio?

EGGQ and FIAT have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGGQ or FIAT?

EGGQ has higher volatility (23.31%) compared to FIAT (15.57%). In terms of maximum drawdown, EGGQ dropped -33.64% vs FIAT's -70.50%.

Which ETF is better, EGGQ or FIAT?

On 1-year performance, FIAT leads with 46.79% vs 27.63% for EGGQ. On fees, EGGQ is cheaper at 0.89% per year. On volatility, FIAT has been the lower-risk option at 15.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EGGQ or FIAT?

Over the 1-year period, FIAT has performed better with a 46.79% return vs 27.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EGGQ or FIAT?

EGGQ is cheaper with a 0.89% expense ratio, compared with 0.99% for FIAT.

Which ETF pays a higher dividend yield, EGGQ or FIAT?

FIAT has the higher dividend yield at 100.80%, compared with 7.21% for EGGQ.

What is the main difference between EGGQ and FIAT?

They also come from different issuers: NestYield and YieldMax. Their fees differ too: 0.89% for EGGQ and 0.99% for FIAT.

Which has better risk-adjusted returns?

FIAT currently has the higher Sharpe Ratio (0.88 vs 0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.