HIYY vs. MSTY
HIYY (YieldMax HIMS Option Income Strategy ETF) and MSTY (YieldMax™ MSTR Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. Their 0.35 correlation means their historical movements had little consistent relationship. Both charge a 0.99% expense ratio.
Performance
HIYY vs. MSTY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HIYY achieves a -13.30% return, which is significantly higher than MSTY's -33.29% return.
HIYY
- 1D
- 1.16%
- 1M
- -18.62%
- 6M
- 0.34%
- YTD
- -13.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MSTY
- 1D
- -2.60%
- 1M
- -2.63%
- 6M
- -31.98%
- YTD
- -33.29%
- 1Y
- -68.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 7.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $872.52K | $848.93K | $778.57K | |
| $12.71M | $13.42M | $28.94M |
HIYY vs. MSTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HIYY YieldMax HIMS Option Income Strategy ETF | -13.30% | -37.34% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | -33.29% | -49.64% |
Correlation
The correlation between HIYY and MSTY is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025 | 0.35 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HIYY vs. MSTY — Risk / Return Rank
HIYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MSTY
HIYY vs. MSTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax HIMS Option Income Strategy ETF (HIYY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.
| HIYY | MSTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.77 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.95 | — |
| Martin ratioReturn relative to average drawdown | — | -1.40 | — |
Loading charts...
Drawdowns
HIYY vs. MSTY - Drawdown Comparison
The maximum HIYY drawdown since its inception was -73.95%, roughly equal to the maximum MSTY drawdown of -77.40%. Use the drawdown chart below to compare losses from any high point for HIYY and MSTY.
Loading charts...
Drawdown Indicators
| HIYY | MSTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.95% | -77.40% | +3.45% |
Max Drawdown (1Y)Largest decline over 1 year | — | -74.91% | — |
Current DrawdownCurrent decline from peak | -50.57% | -73.77% | +23.20% |
Average DrawdownAverage peak-to-trough decline | -43.89% | -29.05% | -14.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 50.99% | — |
Volatility
HIYY vs. MSTY - Volatility Comparison
Loading charts...
Volatility by Period
| HIYY | MSTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 52.28% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 83.59% | 65.31% | +18.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.59% | 71.91% | +11.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.59% | 71.91% | +11.68% |
HIYY vs. MSTY - Expense Ratio Comparison
Both HIYY and MSTY have an expense ratio of 0.99%.
Dividends
HIYY vs. MSTY - Dividend Comparison
HIYY's dividend yield for the trailing twelve months is around 122.19%, less than MSTY's 251.54% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HIYY YieldMax HIMS Option Income Strategy ETF | 122.19% | 29.99% | 0.00% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 251.54% | 294.61% | 104.56% |
Frequently Asked Questions
HIYY and MSTY 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.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
HIYY and MSTY have the same expense ratio: 0.99% per year.
MSTY has the higher dividend yield at 251.54%, compared with 122.19% for HIYY.
Find the right allocation for HIYY and MSTY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer