IOYY vs. CRSH
IOYY (GraniteShares YieldBOOST IONQ ETF) and CRSH (YieldMax Short TSLA Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.31, they often move in opposite directions. IOYY charges 1.07%/yr vs 0.99%/yr for CRSH.
Performance
IOYY vs. CRSH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IOYY achieves a -11.06% return, which is significantly lower than CRSH's 3.70% return.
IOYY
- 1D
- -0.54%
- 1M
- 9.06%
- YTD
- -11.06%
- 6M
- -19.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRSH
- 1D
- 0.54%
- 1M
- -8.50%
- YTD
- 3.70%
- 6M
- 5.11%
- 1Y
- -18.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IOYY vs. CRSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IOYY GraniteShares YieldBOOST IONQ ETF | -11.06% | -11.64% |
CRSH YieldMax Short TSLA Option Income Strategy ETF | 3.70% | -1.26% |
Correlation
The correlation between IOYY and CRSH is -0.31, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | -0.31 |
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
IOYY vs. CRSH — Risk / Return Rank
IOYY
CRSH
IOYY vs. CRSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST IONQ ETF (IOYY) and YieldMax Short TSLA Option Income Strategy ETF (CRSH). 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.
Loading charts...
Sharpe Ratios by Period
| IOYY | CRSH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.00 | -0.70 | -0.30 |
Drawdowns
IOYY vs. CRSH - Drawdown Comparison
The maximum IOYY drawdown since its inception was -38.47%, smaller than the maximum CRSH drawdown of -63.68%. Use the drawdown chart below to compare losses from any high point for IOYY and CRSH.
Loading charts...
Drawdown Indicators
| IOYY | CRSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.47% | -63.68% | +25.21% |
Max Drawdown (1Y)Largest decline over 1 year | — | -33.45% | — |
Current DrawdownCurrent decline from peak | -27.87% | -59.20% | +31.33% |
Average DrawdownAverage peak-to-trough decline | -23.09% | -43.15% | +20.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 21.20% | — |
Volatility
IOYY vs. CRSH - Volatility Comparison
Loading charts...
Volatility by Period
| IOYY | CRSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 22.67% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 34.42% | 36.71% | -2.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.42% | 47.46% | -13.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.42% | 47.46% | -13.04% |
IOYY vs. CRSH - Expense Ratio Comparison
IOYY has a 1.07% expense ratio, which is higher than CRSH's 0.99% expense ratio.
Dividends
IOYY vs. CRSH - Dividend Comparison
IOYY's dividend yield for the trailing twelve months is around 121.09%, more than CRSH's 97.46% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CRSH YieldMax Short TSLA Option Income Strategy ETF | 97.46% | 138.78% | 94.25% |
IOYY GraniteShares YieldBOOST IONQ ETF | 121.09% | 28.55% | 0.00% |
Frequently Asked Questions
IOYY and CRSH have a correlation of -0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CRSH is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CRSH is cheaper with a 0.99% expense ratio, compared with 1.07% for IOYY.
IOYY has the higher dividend yield at 121.09%, compared with 97.46% for CRSH.
They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for IOYY and 0.99% for CRSH.
Find the right allocation for IOYY and CRSH
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