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FBY vs. JPMO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FBY vs. JPMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax META Option Income ETF (FBY) and YieldMax JPM Option Income Strategy ETF (JPMO). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
23.33%
7.50%
FBY
JPMO

Returns By Period

In the year-to-date period, FBY achieves a 39.33% return, which is significantly higher than JPMO's 15.57% return.


FBY

YTD

39.33%

1M

1.53%

6M

23.01%

1Y

48.04%

5Y (annualized)

N/A

10Y (annualized)

N/A

JPMO

YTD

15.57%

1M

5.05%

6M

6.99%

1Y

22.13%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


FBYJPMO
Sharpe Ratio1.871.38
Sortino Ratio2.421.80
Omega Ratio1.371.30
Calmar Ratio3.202.18
Martin Ratio9.325.56
Ulcer Index5.20%4.17%
Daily Std Dev25.94%16.80%
Max Drawdown-15.14%-10.64%
Current Drawdown-3.50%-1.68%

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FBY vs. JPMO - Expense Ratio Comparison

FBY has a 0.99% expense ratio, which is lower than JPMO's 1.01% expense ratio.


JPMO
YieldMax JPM Option Income Strategy ETF
Expense ratio chart for JPMO: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FBY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Correlation

-0.50.00.51.00.1

The correlation between FBY and JPMO is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

FBY vs. JPMO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax META Option Income ETF (FBY) and YieldMax JPM Option Income Strategy ETF (JPMO). 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.


Sharpe ratio
The chart of Sharpe ratio for FBY, currently valued at 1.87, compared to the broader market0.002.004.001.871.38
The chart of Sortino ratio for FBY, currently valued at 2.42, compared to the broader market-2.000.002.004.006.008.0010.0012.002.421.80
The chart of Omega ratio for FBY, currently valued at 1.37, compared to the broader market0.501.001.502.002.503.001.371.30
The chart of Calmar ratio for FBY, currently valued at 3.20, compared to the broader market0.005.0010.0015.003.202.18
The chart of Martin ratio for FBY, currently valued at 9.32, compared to the broader market0.0020.0040.0060.0080.00100.009.325.56
FBY
JPMO

The current FBY Sharpe Ratio is 1.87, which is higher than the JPMO Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of FBY and JPMO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
1.87
1.38
FBY
JPMO

Dividends

FBY vs. JPMO - Dividend Comparison

FBY's dividend yield for the trailing twelve months is around 56.00%, more than JPMO's 23.76% yield.


TTM2023
FBY
YieldMax META Option Income ETF
56.00%8.31%
JPMO
YieldMax JPM Option Income Strategy ETF
23.76%4.85%

Drawdowns

FBY vs. JPMO - Drawdown Comparison

The maximum FBY drawdown since its inception was -15.14%, which is greater than JPMO's maximum drawdown of -10.64%. Use the drawdown chart below to compare losses from any high point for FBY and JPMO. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.50%
-1.68%
FBY
JPMO

Volatility

FBY vs. JPMO - Volatility Comparison

The current volatility for YieldMax META Option Income ETF (FBY) is 6.73%, while YieldMax JPM Option Income Strategy ETF (JPMO) has a volatility of 7.21%. This indicates that FBY experiences smaller price fluctuations and is considered to be less risky than JPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
6.73%
7.21%
FBY
JPMO