FIYY vs. RYLD
FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) and RYLD (Global X Russell 2000 Covered Call ETF) are both Derivative Income funds. FIYY is actively managed, while RYLD is passively managed. Their 0.50 correlation means their historical movements had little consistent relationship. FIYY charges 1.07%/yr vs 0.60%/yr for RYLD.
Performance
FIYY vs. RYLD - Performance Comparison
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Returns By Period
FIYY
- 1D
- 0.04%
- 1M
- 0.79%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
RYLD
- 1D
- 0.00%
- 1M
- 2.51%
- 6M
- 11.58%
- YTD
- 14.18%
- 1Y
- 24.20%
- 3Y*
- 8.92%
- 5Y*
- 3.32%
- 10Y*
- —
- ALL TIME*
- 6.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.87K | $1.63K | $1.40K | |
| $10.88M | $9.80M | $9.16M |
FIYY vs. RYLD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF | -1.15% |
RYLD Global X Russell 2000 Covered Call ETF | 8.33% |
Correlation
The correlation between FIYY and RYLD is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 5, 2026 | 0.50 |
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Return for Risk
FIYY vs. RYLD — Risk / Return Rank
FIYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RYLD
FIYY vs. RYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY) and Global X Russell 2000 Covered Call ETF (RYLD). 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.
| FIYY | RYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.49 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.86 | — |
| Martin ratioReturn relative to average drawdown | — | 15.83 | — |
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Drawdowns
FIYY vs. RYLD - Drawdown Comparison
The maximum FIYY drawdown since its inception was -2.94%, smaller than the maximum RYLD drawdown of -41.53%. Use the drawdown chart below to compare losses from any high point for FIYY and RYLD.
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Drawdown Indicators
| FIYY | RYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.94% | -41.53% | +38.59% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.29% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.05% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.33% | — |
Current DrawdownCurrent decline from peak | -1.27% | 0.00% | -1.27% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -8.64% | +7.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.53% | — |
Volatility
FIYY vs. RYLD - Volatility Comparison
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Volatility by Period
| FIYY | RYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.72% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.65% | 10.42% | -4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.65% | 13.98% | -8.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.65% | 17.03% | -11.38% |
FIYY vs. RYLD - Expense Ratio Comparison
FIYY has a 1.07% expense ratio, which is higher than RYLD's 0.60% expense ratio.
Dividends
FIYY vs. RYLD - Dividend Comparison
FIYY's dividend yield for the trailing twelve months is around 1.24%, less than RYLD's 11.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF | 1.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RYLD Global X Russell 2000 Covered Call ETF | 11.43% | 12.00% | 12.03% | 12.64% | 13.49% | 12.35% | 10.76% | 6.43% |
Frequently Asked Questions
FIYY and RYLD 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.
On fees, RYLD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RYLD is cheaper with a 0.60% expense ratio, compared with 1.07% for FIYY.
RYLD has the higher dividend yield at 11.43%, compared with 1.24% for FIYY.
They also come from different issuers: GraniteShares and Global X. Their fees differ too: 1.07% for FIYY and 0.60% for RYLD.
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