HITI vs. NFLY
Compare and contrast key facts about High Tide Inc (HITI) and YieldMax NFLX Option Income Strategy ETF (NFLY).
NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HITI or NFLY.
Correlation
The correlation between HITI and NFLY is 0.04, 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.
Performance
HITI vs. NFLY - Performance Comparison
Key characteristics
HITI:
0.66
NFLY:
2.82
HITI:
1.47
NFLY:
3.66
HITI:
1.16
NFLY:
1.53
HITI:
0.48
NFLY:
6.57
HITI:
2.50
NFLY:
20.26
HITI:
16.54%
NFLY:
3.23%
HITI:
62.38%
NFLY:
23.26%
HITI:
-91.20%
NFLY:
-21.45%
HITI:
-78.00%
NFLY:
-0.79%
Returns By Period
In the year-to-date period, HITI achieves a -15.86% return, which is significantly lower than NFLY's 12.98% return.
HITI
-15.86%
-15.86%
30.65%
42.86%
2.69%
N/A
NFLY
12.98%
16.08%
42.94%
68.04%
N/A
N/A
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Risk-Adjusted Performance
HITI vs. NFLY — Risk-Adjusted Performance Rank
HITI
NFLY
HITI vs. NFLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for High Tide Inc (HITI) and YieldMax NFLX Option Income Strategy ETF (NFLY). 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.
Dividends
HITI vs. NFLY - Dividend Comparison
HITI has not paid dividends to shareholders, while NFLY's dividend yield for the trailing twelve months is around 46.19%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
HITI High Tide Inc | 0.00% | 0.00% | 0.00% |
NFLY YieldMax NFLX Option Income Strategy ETF | 46.19% | 49.91% | 11.84% |
Drawdowns
HITI vs. NFLY - Drawdown Comparison
The maximum HITI drawdown since its inception was -91.20%, which is greater than NFLY's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for HITI and NFLY. For additional features, visit the drawdowns tool.
Volatility
HITI vs. NFLY - Volatility Comparison
High Tide Inc (HITI) has a higher volatility of 17.79% compared to YieldMax NFLX Option Income Strategy ETF (NFLY) at 6.86%. This indicates that HITI's price experiences larger fluctuations and is considered to be riskier than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.