MRNY vs. MSTY
Compare and contrast key facts about YieldMax MRNA Option Income Strategy ETF (MRNY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).
MRNY and MSTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MRNY is an actively managed fund by YieldMax. It was launched on Oct 23, 2023. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRNY or MSTY.
Correlation
The correlation between MRNY and MSTY is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MRNY vs. MSTY - Performance Comparison
Key characteristics
MRNY:
46.23%
MSTY:
80.14%
MRNY:
-70.50%
MSTY:
-33.16%
MRNY:
-68.99%
MSTY:
-14.14%
Returns By Period
MRNY
-61.49%
3.85%
-61.48%
-59.02%
N/A
N/A
MSTY
N/A
-14.14%
92.63%
N/A
N/A
N/A
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MRNY vs. MSTY - Expense Ratio Comparison
Both MRNY and MSTY have an expense ratio of 0.99%.
Risk-Adjusted Performance
MRNY vs. MSTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax MRNA Option Income Strategy ETF (MRNY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.
Dividends
MRNY vs. MSTY - Dividend Comparison
MRNY's dividend yield for the trailing twelve months is around 188.53%, more than MSTY's 88.26% yield.
TTM | 2023 | |
---|---|---|
YieldMax MRNA Option Income Strategy ETF | 188.53% | 1.75% |
YieldMax™ MSTR Option Income Strategy ETF | 88.26% | 0.00% |
Drawdowns
MRNY vs. MSTY - Drawdown Comparison
The maximum MRNY drawdown since its inception was -70.50%, which is greater than MSTY's maximum drawdown of -33.16%. Use the drawdown chart below to compare losses from any high point for MRNY and MSTY. For additional features, visit the drawdowns tool.
Volatility
MRNY vs. MSTY - Volatility Comparison
The current volatility for YieldMax MRNA Option Income Strategy ETF (MRNY) is 13.97%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 29.59%. This indicates that MRNY experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.