FAGIX vs. MSTY
FAGIX (Fidelity Capital & Income Fund) and MSTY (YieldMax™ MSTR Option Income Strategy ETF) are both funds - FAGIX is a High Yield Bonds fund actively managed by Fidelity, while MSTY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, FAGIX returned 18.07% vs -64.25% for MSTY. At a 0.46 correlation, their price movements are largely independent. FAGIX charges 0.67%/yr vs 0.99%/yr for MSTY.
Performance
FAGIX vs. MSTY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FAGIX achieves a 8.52% return, which is significantly higher than MSTY's -22.84% return.
FAGIX
- 1D
- 0.70%
- 1M
- 1.92%
- YTD
- 8.52%
- 6M
- 9.16%
- 1Y
- 18.07%
- 3Y*
- 13.10%
- 5Y*
- 7.14%
- 10Y*
- 8.14%
MSTY
- 1D
- -3.45%
- 1M
- -29.31%
- YTD
- -22.84%
- 6M
- -27.46%
- 1Y
- -64.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FAGIX vs. MSTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FAGIX Fidelity Capital & Income Fund | 8.52% | 12.38% | 9.55% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | -22.84% | -42.71% | 212.16% |
Correlation
The correlation between FAGIX and MSTY is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2024 | 0.46 |
The correlation between FAGIX and MSTY has been stable across timeframes, ranging from 0.46 to 0.50 - a consistent structural relationship.
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
FAGIX vs. MSTY — Risk / Return Rank
FAGIX
MSTY
FAGIX vs. MSTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Capital & Income Fund (FAGIX) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.
| FAGIX | MSTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.84 | ||
| Sortino ratioReturn per unit of downside risk | +5.85 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 0.80 | +0.75 |
| Calmar ratioReturn relative to maximum drawdown | 5.20 | -0.90 | +6.10 |
| Martin ratioReturn relative to average drawdown | 21.24 | -1.31 | +22.55 |
Loading charts...
Drawdowns
FAGIX vs. MSTY - Drawdown Comparison
The maximum FAGIX drawdown since its inception was -37.97%, smaller than the maximum MSTY drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for FAGIX and MSTY.
Loading charts...
Drawdown Indicators
| FAGIX | MSTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.97% | -71.79% | +33.82% |
Max Drawdown (1Y)Largest decline over 1 year | -3.49% | -71.79% | +68.30% |
Max Drawdown (3Y)Largest decline over 3 years | -7.26% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.45% | — | — |
Current DrawdownCurrent decline from peak | -0.00% | -69.67% | +69.67% |
Average DrawdownAverage peak-to-trough decline | -6.98% | -26.82% | +19.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | 48.95% | -48.10% |
Volatility
FAGIX vs. MSTY - Volatility Comparison
The current volatility for Fidelity Capital & Income Fund (FAGIX) is 2.74%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 19.32%. This indicates that FAGIX experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FAGIX | MSTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.74% | 19.32% | -16.58% |
Volatility (6M)Calculated over the trailing 6-month period | 5.38% | 49.58% | -44.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.47% | 61.87% | -55.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.68% | 71.86% | -65.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.85% | 71.86% | -64.01% |
FAGIX vs. MSTY - Expense Ratio Comparison
FAGIX has a 0.67% expense ratio, which is lower than MSTY's 0.99% expense ratio.
Dividends
FAGIX vs. MSTY - Dividend Comparison
FAGIX's dividend yield for the trailing twelve months is around 5.23%, less than MSTY's 267.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGIX Fidelity Capital & Income Fund | 5.23% | 4.74% | 5.02% | 5.28% | 10.25% | 6.08% | 4.59% | 5.00% | 5.67% | 5.05% | 4.57% | 4.51% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 267.66% | 294.61% | 104.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FAGIX and MSTY have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTY has higher volatility (19.32%) compared to FAGIX (2.74%). In terms of maximum drawdown, FAGIX dropped -37.97% vs MSTY's -71.79%.
FAGIX currently has the higher Sharpe Ratio (2.80 vs -1.04), 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 FAGIX and MSTY
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