ENIC vs. YMAX
ENIC (Enel Chile S.A.) is a stock, while YMAX (YieldMax Universe Fund of Option Income ETFs) is Derivative Income fund actively managed by YieldMax. Over the past year, ENIC returned 37.03% vs -0.97% for YMAX. At a 0.31 correlation, their price movements are largely independent.
Performance
ENIC vs. YMAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ENIC achieves a 16.24% return, which is significantly higher than YMAX's 3.58% return.
ENIC
- 1D
- 0.22%
- 1M
- 0.22%
- 6M
- 9.95%
- YTD
- 16.24%
- 1Y
- 37.03%
- 3Y*
- 15.93%
- 5Y*
- 17.84%
- 10Y*
- 3.33%
YMAX
- 1D
- -0.75%
- 1M
- 4.05%
- 6M
- 1.28%
- YTD
- 3.58%
- 1Y
- -0.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENIC vs. YMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ENIC Enel Chile S.A. | 16.24% | 48.47% | 9.23% |
YMAX YieldMax Universe Fund of Option Income ETFs | 3.58% | 6.04% | 26.90% |
Correlation
The correlation between ENIC and YMAX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2024 | 0.31 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ENIC vs. YMAX — Risk / Return Rank
ENIC
YMAX
ENIC vs. YMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enel Chile S.A. (ENIC) and YieldMax Universe Fund of Option Income ETFs (YMAX). 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.
| ENIC | YMAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.24 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.01 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | -0.04 | +2.21 |
| Martin ratioReturn relative to average drawdown | 6.52 | -0.09 | +6.61 |
Loading charts...
Drawdowns
ENIC vs. YMAX - Drawdown Comparison
The maximum ENIC drawdown since its inception was -79.74%, which is greater than YMAX's maximum drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for ENIC and YMAX.
Loading charts...
Drawdown Indicators
| ENIC | YMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.74% | -26.13% | -53.61% |
Max Drawdown (1Y)Largest decline over 1 year | -15.33% | -26.13% | +10.80% |
Max Drawdown (3Y)Largest decline over 3 years | -27.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -63.21% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -79.74% | — | — |
Current DrawdownCurrent decline from peak | -4.08% | -8.17% | +4.09% |
Average DrawdownAverage peak-to-trough decline | -29.23% | -6.45% | -22.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.37% | 11.41% | -6.04% |
Volatility
ENIC vs. YMAX - Volatility Comparison
The current volatility for Enel Chile S.A. (ENIC) is 7.82%, while YieldMax Universe Fund of Option Income ETFs (YMAX) has a volatility of 8.99%. This indicates that ENIC experiences smaller price fluctuations and is considered to be less risky than YMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ENIC | YMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.82% | 8.99% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 22.30% | 19.90% | +2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.79% | 23.74% | +4.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.05% | 23.54% | +14.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.76% | 23.54% | +12.22% |
Dividends
ENIC vs. YMAX - Dividend Comparison
ENIC's dividend yield for the trailing twelve months is around 4.36%, less than YMAX's 71.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ENIC Enel Chile S.A. | 4.36% | 5.56% | 8.55% | 10.38% | 1.00% | 12.08% | 6.54% | 4.88% | 4.97% | 2.76% | 2.46% |
YMAX YieldMax Universe Fund of Option Income ETFs | 71.13% | 78.70% | 44.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ENIC and YMAX 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.
YMAX has higher volatility (8.99%) compared to ENIC (7.82%). In terms of maximum drawdown, ENIC dropped -79.74% vs YMAX's -26.13%.
ENIC currently has the higher Sharpe Ratio (1.20 vs -0.04), 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.
Find the right allocation for ENIC and YMAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer