HIDE vs. TSMY

Last updated Aug 4, 2026

HIDE (Alpha Architect High Inflation And Deflation ETF) and TSMY (YieldMax TSM Option Income Strategy ETF) are both exchange-traded funds - HIDE is a Diversified Portfolio fund actively managed by Alpha Architect, while TSMY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, HIDE returned 10.06% vs 60.96% for TSMY. Their -0.04 correlation means they have often moved in opposite directions in the past. HIDE charges 0.29%/yr vs 1.01%/yr for TSMY.

Performance

HIDE vs. TSMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect High Inflation And Deflation ETF (HIDE) and YieldMax TSM Option Income Strategy ETF (TSMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIDE achieves a 7.17% return, which is significantly lower than TSMY's 30.73% return.

HIDE

• 1D: -0.29%
• 1M: 1.55%
• 6M: 5.71%
• YTD: 7.17%
• 1Y: 10.06%
• 3Y*: 4.45%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.71%

TSMY

• 1D: 0.20%
• 1M: -4.03%
• 6M: 18.90%
• YTD: 30.73%
• 1Y: 60.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 42.39%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HIDE Alpha Architect High Inflation And Deflation ETF	$1.61M	$1.41M	$1.17M
TSMY YieldMax TSM Option Income Strategy ETF	$2.03M	$3.02M	$3.01M

HIDE vs. TSMY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HIDE Alpha Architect High Inflation And Deflation ETF	7.17%	5.32%	-1.13%
TSMY YieldMax TSM Option Income Strategy ETF	30.73%	41.00%	8.05%

Correlation

The correlation between HIDE and TSMY is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.11
Correlation (All Time) Calculated using the full available price history since Aug 21, 2024	-0.04

Return for Risk

HIDE vs. TSMY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HIDE

HIDE Risk / Return Rank: 83
HIDE Sharpe Ratio Rank: 87
HIDE Sortino Ratio Rank: 85
HIDE Omega Ratio Rank: 89
HIDE Calmar Ratio Rank: 81
HIDE Martin Ratio Rank: 75

TSMY

TSMY Risk / Return Rank: 78
TSMY Sharpe Ratio Rank: 77
TSMY Sortino Ratio Rank: 73
TSMY Omega Ratio Rank: 72
TSMY Calmar Ratio Rank: 86
TSMY Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HIDE vs. TSMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect High Inflation And Deflation ETF (HIDE) and YieldMax TSM Option Income Strategy ETF (TSMY). 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.

	HIDE	TSMY	Difference
Sharpe ratio: Return per unit of total volatility	2.14	1.82	+0.32
Sortino ratio: Return per unit of downside risk	2.93	2.42	+0.52
Omega ratio: Gain probability vs. loss probability	1.42	1.31	+0.11
Calmar ratio: Return relative to maximum drawdown	3.06	3.43	-0.37
Martin ratio: Return relative to average drawdown	9.79	11.39	-1.59

HIDE vs. TSMY - Sharpe Ratio Comparison

The current HIDE Sharpe Ratio is 2.14, which is comparable to the TSMY Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of HIDE and TSMY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HIDE vs. TSMY - Drawdown Comparison

The maximum HIDE drawdown since its inception was -5.15%, smaller than the maximum TSMY drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for HIDE and TSMY.

Drawdown Indicators

	HIDE	TSMY	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-31.15%	+26.00%
Max Drawdown (1Y) Largest decline over 1 year	-3.31%	-17.86%	+14.55%
Max Drawdown (3Y) Largest decline over 3 years	-5.15%	—	—
Current Drawdown Current decline from peak	-1.38%	-11.49%	+10.11%
Average Drawdown Average peak-to-trough decline	-0.98%	-5.65%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	5.37%	-4.34%

Volatility

HIDE vs. TSMY - Volatility Comparison

The current volatility for Alpha Architect High Inflation And Deflation ETF (HIDE) is 1.33%, while YieldMax TSM Option Income Strategy ETF (TSMY) has a volatility of 11.84%. This indicates that HIDE experiences smaller price fluctuations and is considered to be less risky than TSMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIDE	TSMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.33%	11.84%	-10.51%
Volatility (6M) Calculated over the trailing 6-month period	4.00%	27.82%	-23.82%
Volatility (1Y) Calculated over the trailing 1-year period	4.74%	33.74%	-29.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.30%	34.61%	-30.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.30%	34.61%	-30.31%

HIDE vs. TSMY - Expense Ratio Comparison

HIDE has a 0.29% expense ratio, which is lower than TSMY's 1.01% expense ratio.

Dividends

HIDE vs. TSMY - Dividend Comparison

HIDE's dividend yield for the trailing twelve months is around 2.95%, less than TSMY's 58.19% yield.

Position	TTM	2025	2024	2023	2022
HIDE Alpha Architect High Inflation And Deflation ETF	2.95%	3.16%	2.86%	3.90%	6.25%
TSMY YieldMax TSM Option Income Strategy ETF	58.19%	56.76%	13.71%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HIDE and TSMY in my portfolio?

HIDE and TSMY have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIDE or TSMY?

TSMY has higher volatility (11.84%) compared to HIDE (1.33%). In terms of maximum drawdown, HIDE dropped -5.15% vs TSMY's -31.15%.

Which ETF is better, HIDE or TSMY?

On 1-year performance, TSMY leads with 60.96% vs 10.06% for HIDE. On fees, HIDE is cheaper at 0.29% per year. On volatility, HIDE has been the lower-risk option at 1.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HIDE or TSMY?

Over the 1-year period, TSMY has performed better with a 60.96% return vs 10.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HIDE or TSMY?

HIDE is cheaper with a 0.29% expense ratio, compared with 1.01% for TSMY.

Which ETF pays a higher dividend yield, HIDE or TSMY?

TSMY has the higher dividend yield at 58.19%, compared with 2.95% for HIDE.

What is the main difference between HIDE and TSMY?

HIDE is categorized as Diversified Portfolio, while TSMY is Derivative Income. They also come from different issuers: Alpha Architect and YieldMax. Their fees differ too: 0.29% for HIDE and 1.01% for TSMY.

Which has better risk-adjusted returns?

HIDE currently has the higher Sharpe Ratio (2.14 vs 1.82), 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.