MEMY vs. MRNY

Last updated Aug 4, 2026

MEMY (Tuttle Capital Meme Stock Income Blast ETF) and MRNY (YieldMax MRNA Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Their 0.28 correlation means their historical movements had little consistent relationship. Both charge a 0.99% expense ratio.

Performance

MEMY vs. MRNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Meme Stock Income Blast ETF (MEMY) and YieldMax MRNA Option Income Strategy ETF (MRNY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MEMY

• 1D: 3.29%
• 1M: -13.29%
• 6M: -14.49%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

MRNY

• 1D: 1.25%
• 1M: -25.29%
• 6M: 19.70%
• YTD: 62.69%
• 1Y: 62.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -21.92%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MEMY Tuttle Capital Meme Stock Income Blast ETF	$15.22K	$58.11K	$32.48K
MRNY YieldMax MRNA Option Income Strategy ETF	$2.45M	$3.61M	$3.19M

MEMY vs. MRNY - Yearly Performance Comparison

	2026 (YTD)
MEMY Tuttle Capital Meme Stock Income Blast ETF	-23.96%
MRNY YieldMax MRNA Option Income Strategy ETF	22.74%

Correlation

The correlation between MEMY and MRNY is 0.28, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 20, 2026	0.28

Return for Risk

MEMY vs. MRNY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MEMY

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

MRNY

MRNY Risk / Return Rank: 52
MRNY Sharpe Ratio Rank: 47
MRNY Sortino Ratio Rank: 54
MRNY Omega Ratio Rank: 49
MRNY Calmar Ratio Rank: 60
MRNY Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MEMY vs. MRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Meme Stock Income Blast ETF (MEMY) and YieldMax MRNA Option Income Strategy ETF (MRNY). 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.

	MEMY	MRNY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.20	—
Sortino ratio: Return per unit of downside risk	—	1.94	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	2.18	—
Martin ratio: Return relative to average drawdown	—	6.34	—

Drawdowns

MEMY vs. MRNY - Drawdown Comparison

The maximum MEMY drawdown since its inception was -33.84%, smaller than the maximum MRNY drawdown of -82.15%. Use the drawdown chart below to compare losses from any high point for MEMY and MRNY.

Drawdown Indicators

	MEMY	MRNY	Difference
Max Drawdown Largest peak-to-trough decline	-33.84%	-82.15%	+48.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.84%	—
Current Drawdown Current decline from peak	-31.66%	-65.75%	+34.09%
Average Drawdown Average peak-to-trough decline	-15.71%	-53.20%	+37.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.92%	—

Volatility

Volatility by Period

	MEMY	MRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	52.84%	52.70%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.84%	51.51%	+1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.84%	51.51%	+1.33%

MEMY vs. MRNY - Expense Ratio Comparison

Both MEMY and MRNY have an expense ratio of 0.99%.

Dividends

MEMY vs. MRNY - Dividend Comparison

MEMY's dividend yield for the trailing twelve months is around 11.30%, less than MRNY's 100.38% yield.

Position	TTM	2025	2024	2023
MEMY Tuttle Capital Meme Stock Income Blast ETF	11.30%	0.00%	0.00%	0.00%
MRNY YieldMax MRNA Option Income Strategy ETF	100.38%	145.98%	178.49%	1.75%

Frequently Asked Questions

Can I hold both MEMY and MRNY in my portfolio?

MEMY and MRNY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MEMY or MRNY?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEMY or MRNY?

MEMY and MRNY have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, MEMY or MRNY?

MRNY has the higher dividend yield at 100.38%, compared with 11.30% for MEMY.

What is the main difference between MEMY and MRNY?

They also come from different issuers: Tuttle and YieldMax.