MLI vs. MRNY
MLI (Mueller Industries, Inc.) is a stock, while MRNY (YieldMax MRNA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, MLI returned 87.45% vs 53.54% for MRNY. At a 0.29 correlation, their price movements are largely independent.
Performance
MLI vs. MRNY - Performance Comparison
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Returns By Period
In the year-to-date period, MLI achieves a 20.69% return, which is significantly lower than MRNY's 56.58% return.
MLI
- 1D
- -0.25%
- 1M
- 1.23%
- YTD
- 20.69%
- 6M
- 20.88%
- 1Y
- 87.45%
- 3Y*
- 52.10%
- 5Y*
- 45.38%
- 10Y*
- 26.81%
MRNY
- 1D
- 2.91%
- 1M
- 5.64%
- YTD
- 56.58%
- 6M
- 51.42%
- 1Y
- 53.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MLI vs. MRNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MLI Mueller Industries, Inc. | 20.69% | 46.29% | 70.51% | 34.94% |
MRNY YieldMax MRNA Option Income Strategy ETF | 56.58% | -35.72% | -59.32% | 18.27% |
Correlation
The correlation between MLI and MRNY is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2023 | 0.29 |
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Return for Risk
MLI vs. MRNY — Risk / Return Rank
MLI
MRNY
MLI vs. MRNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mueller Industries, Inc. (MLI) 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.
| MLI | MRNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.21 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 1.71 | +2.23 |
| Martin ratioReturn relative to average drawdown | 10.92 | 3.30 | +7.62 |
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Drawdowns
MLI vs. MRNY - Drawdown Comparison
The maximum MLI drawdown since its inception was -61.72%, smaller than the maximum MRNY drawdown of -82.15%. Use the drawdown chart below to compare losses from any high point for MLI and MRNY.
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Drawdown Indicators
| MLI | MRNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.72% | -82.15% | +20.43% |
Max Drawdown (1Y)Largest decline over 1 year | -22.33% | -31.53% | +9.20% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -52.95% | — | — |
Current DrawdownCurrent decline from peak | -1.93% | -67.04% | +65.11% |
Average DrawdownAverage peak-to-trough decline | -16.04% | -52.78% | +36.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.03% | 16.25% | -8.22% |
Volatility
MLI vs. MRNY - Volatility Comparison
The current volatility for Mueller Industries, Inc. (MLI) is 10.51%, while YieldMax MRNA Option Income Strategy ETF (MRNY) has a volatility of 12.97%. This indicates that MLI experiences smaller price fluctuations and is considered to be less risky than MRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLI | MRNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 12.97% | -2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 25.79% | 37.72% | -11.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.06% | 49.94% | -19.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.07% | 50.72% | -17.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.79% | 50.72% | -14.93% |
Dividends
MLI vs. MRNY - Dividend Comparison
MLI's dividend yield for the trailing twelve months is around 0.87%, less than MRNY's 102.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 0.87% | 0.87% | 1.01% | 1.27% | 1.69% | 0.88% | 1.14% | 1.26% | 1.71% | 9.60% | 0.94% | 1.11% |
MRNY YieldMax MRNA Option Income Strategy ETF | 102.17% | 145.98% | 178.49% | 1.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MLI and MRNY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MRNY has higher volatility (12.97%) compared to MLI (10.51%). In terms of maximum drawdown, MLI dropped -61.72% vs MRNY's -82.15%.
MLI currently has the higher Sharpe Ratio (2.93 vs 1.08), 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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