HIYY vs. YBIT
HIYY (YieldMax HIMS Option Income Strategy ETF) and YBIT (YieldMax Bitcoin Option Income Strategy ETF) are both exchange-traded funds - HIYY is a Derivative Income fund actively managed by YieldMax, while YBIT is a Cryptocurrency fund actively managed by YieldMax. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
HIYY vs. YBIT - Performance Comparison
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Returns By Period
In the year-to-date period, HIYY achieves a 2.11% return, which is significantly higher than YBIT's -26.09% return.
HIYY
- 1D
- -2.64%
- 1M
- 15.27%
- 6M
- 5.26%
- YTD
- 2.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YBIT
- 1D
- 0.32%
- 1M
- 1.40%
- 6M
- -27.29%
- YTD
- -26.09%
- 1Y
- -41.24%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HIYY vs. YBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HIYY YieldMax HIMS Option Income Strategy ETF | 2.11% | -37.34% |
YBIT YieldMax Bitcoin Option Income Strategy ETF | -26.09% | -18.42% |
Correlation
The correlation between HIYY and YBIT is 0.34, 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 23, 2025 | 0.34 |
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Return for Risk
HIYY vs. YBIT — Risk / Return Rank
HIYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
YBIT
HIYY vs. YBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax HIMS Option Income Strategy ETF (HIYY) and YieldMax Bitcoin Option Income Strategy ETF (YBIT). 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 | YBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.82 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.84 | — |
| Martin ratioReturn relative to average drawdown | — | -1.40 | — |
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Drawdowns
HIYY vs. YBIT - Drawdown Comparison
The maximum HIYY drawdown since its inception was -73.95%, which is greater than YBIT's maximum drawdown of -47.46%. Use the drawdown chart below to compare losses from any high point for HIYY and YBIT.
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Drawdown Indicators
| HIYY | YBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.95% | -47.46% | -26.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -47.46% | — |
Current DrawdownCurrent decline from peak | -41.79% | -44.23% | +2.44% |
Average DrawdownAverage peak-to-trough decline | -43.76% | -16.44% | -27.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 28.50% | — |
Volatility
HIYY vs. YBIT - Volatility Comparison
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Volatility by Period
| HIYY | YBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.49% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 29.42% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 82.75% | 36.93% | +45.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.75% | 38.49% | +44.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.75% | 38.49% | +44.26% |
HIYY vs. YBIT - Expense Ratio Comparison
Both HIYY and YBIT have an expense ratio of 0.99%.
Dividends
HIYY vs. YBIT - Dividend Comparison
HIYY's dividend yield for the trailing twelve months is around 92.74%, less than YBIT's 94.32% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HIYY YieldMax HIMS Option Income Strategy ETF | 92.74% | 29.99% | 0.00% |
YBIT YieldMax Bitcoin Option Income Strategy ETF | 94.32% | 88.33% | 60.00% |
Frequently Asked Questions
HIYY and YBIT have a correlation of 0.34, 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 YBIT have the same expense ratio: 0.99% per year.
YBIT has the higher dividend yield at 94.32%, compared with 92.74% for HIYY.
HIYY is categorized as Derivative Income, while YBIT is Cryptocurrency.
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