HIMY vs. COYY

Last updated Jun 4, 2026

HIMY (Defiance Leveraged Long + Income HIMS ETF) and COYY (GraniteShares YieldBOOST COIN ETF) are both exchange-traded funds - HIMY is a Leveraged Equities fund actively managed by Defiance, while COYY is a Derivative Income fund actively managed by GraniteShares. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. HIMY charges 1.51%/yr vs 1.07%/yr for COYY.

Performance

HIMY vs. COYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Leveraged Long + Income HIMS ETF (HIMY) and GraniteShares YieldBOOST COIN ETF (COYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIMY achieves a -13.23% return, which is significantly higher than COYY's -29.65% return.

HIMY

• 1D: 0.00%
• 1M: 0.00%
• YTD: -13.23%
• 6M: -31.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COYY

• 1D: -2.87%
• 1M: -7.38%
• YTD: -29.65%
• 6M: -39.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HIMY vs. COYY - Yearly Performance Comparison

	2026 (YTD)	2025
HIMY Defiance Leveraged Long + Income HIMS ETF	-13.23%	-47.75%
COYY GraniteShares YieldBOOST COIN ETF	-29.65%	-33.62%

Correlation

The correlation between HIMY and COYY is 0.35, 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 Aug 20, 2025	0.35

Return for Risk

HIMY vs. COYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income HIMS ETF (HIMY) and GraniteShares YieldBOOST COIN ETF (COYY). 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.

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

Sharpe Ratios by Period

	HIMY	COYY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.71	-1.74	+1.03

Drawdowns

HIMY vs. COYY - Drawdown Comparison

The maximum HIMY drawdown since its inception was -76.38%, which is greater than COYY's maximum drawdown of -58.58%. Use the drawdown chart below to compare losses from any high point for HIMY and COYY.

Drawdown Indicators

	HIMY	COYY	Difference
Max Drawdown Largest peak-to-trough decline	-76.38%	-58.58%	-17.80%
Current Drawdown Current decline from peak	-74.01%	-58.58%	-15.43%
Average Drawdown Average peak-to-trough decline	-53.64%	-35.21%	-18.43%

Volatility

Volatility by Period

	HIMY	COYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	92.97%	36.39%	+56.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.97%	36.39%	+56.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	92.97%	36.39%	+56.58%

HIMY vs. COYY - Expense Ratio Comparison

HIMY has a 1.51% expense ratio, which is higher than COYY's 1.07% expense ratio.

Dividends

HIMY vs. COYY - Dividend Comparison

HIMY's dividend yield for the trailing twelve months is around 102.38%, less than COYY's 386.46% yield.

Position	TTM	2025
COYY GraniteShares YieldBOOST COIN ETF	386.46%	132.14%
HIMY Defiance Leveraged Long + Income HIMS ETF	102.38%	81.61%

Frequently Asked Questions

Can I hold both HIMY and COYY in my portfolio?

HIMY and COYY have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HIMY or COYY?

On fees, COYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HIMY or COYY?

COYY is cheaper with a 1.07% expense ratio, compared with 1.51% for HIMY.

Which ETF pays a higher dividend yield, HIMY or COYY?

COYY has the higher dividend yield at 386.46%, compared with 102.38% for HIMY.

What is the main difference between HIMY and COYY?

HIMY is categorized as Leveraged Equities, while COYY is Derivative Income. They also come from different issuers: Defiance and GraniteShares. Their fees differ too: 1.51% for HIMY and 1.07% for COYY.