GMEY vs. JPM

Last updated Jun 26, 2026

GMEY (YieldMax GME Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while JPM (JPMorgan Chase & Co.) is a stock. At a 0.13 correlation, their price movements are largely independent.

Performance

GMEY vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax GME Option Income Strategy ETF (GMEY) and JPMorgan Chase & Co. (JPM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GMEY achieves a 0.95% return, which is significantly lower than JPM's 3.11% return.

GMEY

• 1D: -1.56%
• 1M: -1.31%
• YTD: 0.95%
• 6M: -5.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPM

• 1D: -1.81%
• 1M: 9.95%
• YTD: 3.11%
• 6M: 1.32%
• 1Y: 16.17%
• 3Y*: 36.28%
• 5Y*: 19.37%
• 10Y*: 21.85%

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

GMEY vs. JPM - Yearly Performance Comparison

	2026 (YTD)	2025
GMEY YieldMax GME Option Income Strategy ETF	0.95%	-15.02%
JPM JPMorgan Chase & Co.	3.11%	10.54%

Correlation

The correlation between GMEY and JPM is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.13

Return for Risk

GMEY vs. JPM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GMEY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

JPM

JPM Risk / Return Rank: 63
JPM Sharpe Ratio Rank: 66
JPM Sortino Ratio Rank: 59
JPM Omega Ratio Rank: 58
JPM Calmar Ratio Rank: 65
JPM Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GMEY vs. JPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax GME Option Income Strategy ETF (GMEY) and JPMorgan Chase & Co. (JPM). 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.

	GMEY	JPM	Difference
Sharpe ratio: Return per unit of total volatility	—	0.74	—
Sortino ratio: Return per unit of downside risk	—	1.11	—
Omega ratio: Gain probability vs. loss probability	—	1.14	—
Calmar ratio: Return relative to maximum drawdown	—	1.05	—
Martin ratio: Return relative to average drawdown	—	2.48	—

Drawdowns

GMEY vs. JPM - Drawdown Comparison

The maximum GMEY drawdown since its inception was -25.67%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for GMEY and JPM.

Drawdown Indicators

	GMEY	JPM	Difference
Max Drawdown Largest peak-to-trough decline	-25.67%	-76.16%	+50.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.77%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.63%	—
Current Drawdown Current decline from peak	-23.82%	-1.81%	-22.01%
Average Drawdown Average peak-to-trough decline	-16.91%	-17.60%	+0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.55%	—

Volatility

Volatility by Period

	GMEY	JPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.31%	22.14%	+6.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.31%	24.47%	+3.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.31%	27.32%	+0.99%

Dividends

GMEY vs. JPM - Dividend Comparison

GMEY's dividend yield for the trailing twelve months is around 56.84%, more than JPM's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMEY YieldMax GME Option Income Strategy ETF	56.84%	21.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JPM JPMorgan Chase & Co.	1.79%	1.72%	1.92%	2.38%	2.98%	2.34%	2.83%	2.37%	2.54%	1.91%	2.13%	2.54%

Frequently Asked Questions

Can I hold both GMEY and JPM in my portfolio?

GMEY and JPM have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.