MRA vs. FIYY

Last updated Jul 18, 2026

MRA (GraniteShares Autocallable MARA ETF) and FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) are both Derivative Income funds from GraniteShares. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. Both charge a 1.07% expense ratio.

Performance

MRA vs. FIYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Autocallable MARA ETF (MRA) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MRA

• 1D: -4.21%
• 1M: -12.06%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIYY

• 1D: -0.00%
• 1M: -0.43%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MRA vs. FIYY - Yearly Performance Comparison

	2026 (YTD)
MRA GraniteShares Autocallable MARA ETF	-12.35%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	-0.02%

Correlation

The correlation between MRA and FIYY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.29

Return for Risk

MRA vs. FIYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable MARA ETF (MRA) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). 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.

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

Drawdowns

MRA vs. FIYY - Drawdown Comparison

The maximum MRA drawdown since its inception was -14.11%, which is greater than FIYY's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for MRA and FIYY.

Drawdown Indicators

	MRA	FIYY	Difference
Max Drawdown Largest peak-to-trough decline	-14.11%	-2.51%	-11.60%
Current Drawdown Current decline from peak	-14.11%	-1.91%	-12.20%
Average Drawdown Average peak-to-trough decline	-3.90%	-1.51%	-2.39%

Volatility

Volatility by Period

	MRA	FIYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	38.95%	4.90%	+34.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.95%	4.90%	+34.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.95%	4.90%	+34.05%

MRA vs. FIYY - Expense Ratio Comparison

Both MRA and FIYY have an expense ratio of 1.07%.

Dividends

MRA vs. FIYY - Dividend Comparison

MRA's dividend yield for the trailing twelve months is around 8.38%, more than FIYY's 1.17% yield.

Position	TTM
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	1.17%
MRA GraniteShares Autocallable MARA ETF	8.38%

Frequently Asked Questions

Can I hold both MRA and FIYY in my portfolio?

MRA and FIYY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MRA or FIYY?

Both ETFs have the same 1.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MRA or FIYY?

MRA and FIYY have the same expense ratio: 1.07% per year.

Which ETF pays a higher dividend yield, MRA or FIYY?

MRA has the higher dividend yield at 8.38%, compared with 1.17% for FIYY.