MARO vs. MARA
MARO (YieldMax MARA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while MARA (MARA Holdings, Inc.) is a stock. Over the past year, MARO returned -37.73% vs -26.97% for MARA. Their 0.98 correlation means they have historically moved very closely together.
Performance
MARO vs. MARA - Performance Comparison
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Returns By Period
In the year-to-date period, MARO achieves a 5.71% return, which is significantly lower than MARA's 26.06% return.
MARO
- 1D
- -2.09%
- 1M
- -7.33%
- 6M
- 4.46%
- YTD
- 5.71%
- 1Y
- -37.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -41.18%
MARA
- 1D
- -4.23%
- 1M
- -8.71%
- 6M
- 19.16%
- YTD
- 26.06%
- 1Y
- -26.97%
- 3Y*
- -12.38%
- 5Y*
- -16.34%
- 10Y*
- -13.31%
- ALL TIME*
- -10.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $650.73M | $599.97M | $583.47M | |
| $1.77M | $2.35M | $3.24M |
MARO vs. MARA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MARO YieldMax MARA Option Income Strategy ETF | 5.71% | -48.05% | -23.63% |
MARA MARA Holdings, Inc. | 26.06% | -46.45% | -29.70% |
Correlation
The correlation between MARO and MARA is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2024 | 0.98 |
The correlation between MARO and MARA has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.
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Return for Risk
MARO vs. MARA — Risk / Return Rank
MARO
MARA
MARO vs. MARA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax MARA Option Income Strategy ETF (MARO) and MARA Holdings, Inc. (MARA). 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.
| MARO | MARA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.00 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | -0.42 | -0.19 |
| Martin ratioReturn relative to average drawdown | -0.95 | -0.66 | -0.28 |
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Drawdowns
MARO vs. MARA - Drawdown Comparison
The maximum MARO drawdown since its inception was -71.75%, smaller than the maximum MARA drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for MARO and MARA.
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Drawdown Indicators
| MARO | MARA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.75% | -99.74% | +27.99% |
Max Drawdown (1Y)Largest decline over 1 year | -65.51% | -70.53% | +5.02% |
Max Drawdown (3Y)Largest decline over 3 years | — | -78.34% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -95.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.19% | — |
Current DrawdownCurrent decline from peak | -59.72% | -92.68% | +32.96% |
Average DrawdownAverage peak-to-trough decline | -43.17% | -78.13% | +34.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.97% | 44.73% | -2.76% |
Volatility
MARO vs. MARA - Volatility Comparison
The current volatility for YieldMax MARA Option Income Strategy ETF (MARO) is 26.53%, while MARA Holdings, Inc. (MARA) has a volatility of 31.27%. This indicates that MARO experiences smaller price fluctuations and is considered to be less risky than MARA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MARO | MARA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.53% | 31.27% | -4.74% |
Volatility (6M)Calculated over the trailing 6-month period | 52.21% | 64.18% | -11.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.49% | 82.43% | -16.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.53% | 106.03% | -39.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.53% | 144.42% | -77.89% |
Dividends
MARO vs. MARA - Dividend Comparison
MARO's dividend yield for the trailing twelve months is around 202.73%, while MARA has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
MARA MARA Holdings, Inc. | 0.00% | 0.00% |
MARO YieldMax MARA Option Income Strategy ETF | 202.73% | 277.68% |
Frequently Asked Questions
With a correlation of 0.98, MARO and MARA 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.
MARA has higher volatility (31.27%) compared to MARO (26.53%). In terms of maximum drawdown, MARO dropped -71.75% vs MARA's -99.74%.
MARA currently has the higher Sharpe Ratio (-0.36 vs -0.61), 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.
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