IMF vs. RDYY

Last updated Jun 24, 2026

IMF (Invesco Managed Futures Strategy ETF) and RDYY (YieldMax RDDT Option Income Strategy ETF) are both exchange-traded funds - IMF is a Systematic Trend fund actively managed by Invesco, while RDYY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. At a 0.02 correlation, their price movements are largely independent. IMF charges 0.65%/yr vs 0.99%/yr for RDYY.

Performance

IMF vs. RDYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Managed Futures Strategy ETF (IMF) and YieldMax RDDT Option Income Strategy ETF (RDYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IMF achieves a 11.36% return, which is significantly higher than RDYY's -23.45% return.

IMF

• 1D: -0.87%
• 1M: -2.28%
• YTD: 11.36%
• 6M: 11.56%
• 1Y: 20.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RDYY

• 1D: -2.17%
• 1M: 14.72%
• YTD: -23.45%
• 6M: -22.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IMF vs. RDYY - Yearly Performance Comparison

	2026 (YTD)	2025
IMF Invesco Managed Futures Strategy ETF	11.36%	6.12%
RDYY YieldMax RDDT Option Income Strategy ETF	-23.45%	-5.31%

Correlation

The correlation between IMF and RDYY is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.02

Return for Risk

IMF vs. RDYY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IMF

IMF Risk / Return Rank: 73
IMF Sharpe Ratio Rank: 63
IMF Sortino Ratio Rank: 57
IMF Omega Ratio Rank: 70
IMF Calmar Ratio Rank: 92
IMF Martin Ratio Rank: 84

RDYY

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IMF vs. RDYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Managed Futures Strategy ETF (IMF) and YieldMax RDDT Option Income Strategy ETF (RDYY). 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.

	IMF	RDYY	Difference
Sharpe ratio: Return per unit of total volatility	1.95	—	—
Sortino ratio: Return per unit of downside risk	2.53	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	5.65	—	—
Martin ratio: Return relative to average drawdown	16.14	—	—

Drawdowns

IMF vs. RDYY - Drawdown Comparison

The maximum IMF drawdown since its inception was -15.29%, smaller than the maximum RDYY drawdown of -51.16%. Use the drawdown chart below to compare losses from any high point for IMF and RDYY.

Drawdown Indicators

	IMF	RDYY	Difference
Max Drawdown Largest peak-to-trough decline	-15.29%	-51.16%	+35.87%
Max Drawdown (1Y) Largest decline over 1 year	-3.59%	—	—
Current Drawdown Current decline from peak	-3.18%	-34.72%	+31.54%
Average Drawdown Average peak-to-trough decline	-8.30%	-28.76%	+20.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	—	—

Volatility

Volatility by Period

	IMF	RDYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.43%	54.93%	-44.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.39%	54.93%	-42.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.39%	54.93%	-42.54%

IMF vs. RDYY - Expense Ratio Comparison

IMF has a 0.65% expense ratio, which is lower than RDYY's 0.99% expense ratio.

Dividends

IMF vs. RDYY - Dividend Comparison

IMF's dividend yield for the trailing twelve months is around 0.91%, less than RDYY's 92.82% yield.

Position	TTM	2025
IMF Invesco Managed Futures Strategy ETF	0.91%	1.01%
RDYY YieldMax RDDT Option Income Strategy ETF	92.82%	25.20%

Frequently Asked Questions

Can I hold both IMF and RDYY in my portfolio?

IMF and RDYY have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IMF or RDYY?

On fees, IMF is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IMF or RDYY?

IMF is cheaper with a 0.65% expense ratio, compared with 0.99% for RDYY.

Which ETF pays a higher dividend yield, IMF or RDYY?

RDYY has the higher dividend yield at 92.82%, compared with 0.91% for IMF.

What is the main difference between IMF and RDYY?

IMF is categorized as Systematic Trend, while RDYY is Derivative Income. They also come from different issuers: Invesco and YieldMax. Their fees differ too: 0.65% for IMF and 0.99% for RDYY.