LFGY vs. FDIG

Last updated Jul 12, 2026

LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) and FDIG (Fidelity Crypto Industry and Digital Payments ETF) are both exchange-traded funds - LFGY is a Derivative Income fund actively managed by YieldMax, while FDIG is a Blockchain fund tracking the Fidelity Crypto Industry and Digital Payments Index. LFGY is actively managed, while FDIG is passively managed. Over the past year, LFGY returned -6.23% vs 13.53% for FDIG. Their correlation of 0.93 suggests significant overlap in exposure. LFGY charges 1.02%/yr vs 0.39%/yr for FDIG.

Performance

LFGY vs. FDIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and Fidelity Crypto Industry and Digital Payments ETF (FDIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFGY achieves a 9.03% return, which is significantly lower than FDIG's 10.06% return.

LFGY

• 1D: -1.40%
• 1M: -5.05%
• 6M: 3.45%
• YTD: 9.03%
• 1Y: -6.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDIG

• 1D: -0.10%
• 1M: -4.13%
• 6M: -1.30%
• YTD: 10.06%
• 1Y: 13.53%
• 3Y*: 23.45%
• 5Y*: —
• 10Y*: —

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

LFGY vs. FDIG - Yearly Performance Comparison

	2026 (YTD)	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	9.03%	-9.35%
FDIG Fidelity Crypto Industry and Digital Payments ETF	10.06%	19.70%

Correlation

The correlation between LFGY and FDIG is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 14, 2025	0.93

The correlation between LFGY and FDIG has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

LFGY vs. FDIG - Sectors Allocation Comparison

Sectors	LFGY	FDIG
Financial Services	57.8%	55.6%
Technology	33.5%	38.2%
Communication Services	5.4%	0.7%
Consumer Cyclical	3.4%	1.6%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	3.1%
Real Estate	-	-
Utilities	-	0.9%

Return for Risk

LFGY vs. FDIG — Risk / Return Rank

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

LFGY

LFGY Risk / Return Rank: 8
LFGY Sharpe Ratio Rank: 8
LFGY Sortino Ratio Rank: 8
LFGY Omega Ratio Rank: 8
LFGY Calmar Ratio Rank: 8
LFGY Martin Ratio Rank: 7

FDIG

FDIG Risk / Return Rank: 14
FDIG Sharpe Ratio Rank: 13
FDIG Sortino Ratio Rank: 16
FDIG Omega Ratio Rank: 15
FDIG Calmar Ratio Rank: 13
FDIG Martin Ratio Rank: 12

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.

LFGY vs. FDIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and Fidelity Crypto Industry and Digital Payments ETF (FDIG). 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.

	LFGY	FDIG	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	0.23	-0.41
Sortino ratio: Return per unit of downside risk	0.01	0.67	-0.66
Omega ratio: Gain probability vs. loss probability	1.00	1.08	-0.08
Calmar ratio: Return relative to maximum drawdown	-0.20	0.25	-0.44
Martin ratio: Return relative to average drawdown	-0.42	0.46	-0.87

LFGY vs. FDIG - Sharpe Ratio Comparison

The current LFGY Sharpe Ratio is -0.18, which is lower than the FDIG Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of LFGY and FDIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LFGY vs. FDIG - Drawdown Comparison

The maximum LFGY drawdown since its inception was -35.94%, smaller than the maximum FDIG drawdown of -61.35%. Use the drawdown chart below to compare losses from any high point for LFGY and FDIG.

Drawdown Indicators

	LFGY	FDIG	Difference
Max Drawdown Largest peak-to-trough decline	-35.94%	-61.35%	+25.41%
Max Drawdown (1Y) Largest decline over 1 year	-35.94%	-46.69%	+10.75%
Max Drawdown (3Y) Largest decline over 3 years	—	-49.66%	—
Current Drawdown Current decline from peak	-16.72%	-27.11%	+10.39%
Average Drawdown Average peak-to-trough decline	-14.00%	-27.47%	+13.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.98%	25.36%	-8.38%

Volatility

LFGY vs. FDIG - Volatility Comparison

YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and Fidelity Crypto Industry and Digital Payments ETF (FDIG) have volatilities of 11.97% and 12.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFGY	FDIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.97%	12.31%	-0.34%
Volatility (6M) Calculated over the trailing 6-month period	31.66%	36.39%	-4.73%
Volatility (1Y) Calculated over the trailing 1-year period	38.93%	50.27%	-11.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.20%	60.69%	-18.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.20%	60.69%	-18.49%

LFGY vs. FDIG - Expense Ratio Comparison

LFGY has a 1.02% expense ratio, which is higher than FDIG's 0.39% expense ratio.

Dividends

LFGY vs. FDIG - Dividend Comparison

LFGY's dividend yield for the trailing twelve months is around 85.45%, more than FDIG's 1.48% yield.

Position	TTM	2025	2024	2023
FDIG Fidelity Crypto Industry and Digital Payments ETF	1.48%	1.14%	1.17%	0.18%
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	85.45%	94.90%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LFGY and FDIG in my portfolio?

With a correlation of 0.92, LFGY and FDIG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LFGY or FDIG?

FDIG has higher volatility (12.31%) compared to LFGY (11.97%). In terms of maximum drawdown, LFGY dropped -35.94% vs FDIG's -61.35%.

Which ETF is better, LFGY or FDIG?

On 1-year performance, FDIG leads with 13.53% vs -6.23% for LFGY. On fees, FDIG is cheaper at 0.39% per year. On volatility, LFGY has been the lower-risk option at 11.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LFGY or FDIG?

Over the 1-year period, FDIG has performed better with a 13.53% return vs -6.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LFGY or FDIG?

FDIG is cheaper with a 0.39% expense ratio, compared with 1.02% for LFGY.

Which ETF pays a higher dividend yield, LFGY or FDIG?

LFGY has the higher dividend yield at 85.45%, compared with 1.48% for FDIG.

What is the main difference between LFGY and FDIG?

LFGY is categorized as Derivative Income, while FDIG is Blockchain. They also come from different issuers: YieldMax and Fidelity. Their fees differ too: 1.02% for LFGY and 0.39% for FDIG.

Which has better risk-adjusted returns?

FDIG currently has the higher Sharpe Ratio (0.23 vs -0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.