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MSTY vs. ACII
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

MSTY vs. ACII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax™ MSTR Option Income Strategy ETF (MSTY) and Innovator Index Autocallable Income Strategy ETF (ACII). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


MSTY

1D
-6.76%
1M
-28.46%
YTD
-14.73%
6M
-26.86%
1Y
-61.25%
3Y*
5Y*
10Y*

ACII

1D
-0.95%
1M
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

MSTY vs. ACII - Yearly Performance Comparison


Correlation

The correlation between MSTY and ACII is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (All Time)
Calculated using the full available price history since May 29, 2026

0.80

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Return for Risk

MSTY vs. ACII — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSTY
MSTY Risk / Return Rank: 11
Overall Rank
MSTY Sharpe Ratio Rank: 11
Sharpe Ratio Rank
MSTY Sortino Ratio Rank: 11
Sortino Ratio Rank
MSTY Omega Ratio Rank: 11
Omega Ratio Rank
MSTY Calmar Ratio Rank: 22
Calmar Ratio Rank
MSTY Martin Ratio Rank: 22
Martin Ratio Rank

ACII
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSTY vs. ACII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax™ MSTR Option Income Strategy ETF (MSTY) and Innovator Index Autocallable Income Strategy ETF (ACII). 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.


MSTYACIIDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.81

Calmar ratioReturn relative to maximum drawdown

-0.86

Martin ratioReturn relative to average drawdown

-1.31

MSTY vs. ACII - Sharpe Ratio Comparison


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Sharpe Ratios by Period


MSTYACIIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

-7.55

+7.81

Drawdowns

MSTY vs. ACII - Drawdown Comparison

The maximum MSTY drawdown since its inception was -71.79%, which is greater than ACII's maximum drawdown of -1.27%. Use the drawdown chart below to compare losses from any high point for MSTY and ACII.


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Drawdown Indicators


MSTYACIIDifference

Max Drawdown

Largest peak-to-trough decline

-71.79%

-1.27%

-70.52%

Max Drawdown (1Y)

Largest decline over 1 year

-71.79%

Current Drawdown

Current decline from peak

-66.48%

-1.27%

-65.21%

Average Drawdown

Average peak-to-trough decline

-26.09%

-0.42%

-25.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

46.87%

Volatility

MSTY vs. ACII - Volatility Comparison


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Volatility by Period


MSTYACIIDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.01%

Volatility (6M)

Calculated over the trailing 6-month period

48.79%

Volatility (1Y)

Calculated over the trailing 1-year period

60.44%

7.65%

+52.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

71.92%

7.65%

+64.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

71.92%

7.65%

+64.27%

MSTY vs. ACII - Expense Ratio Comparison

MSTY has a 0.99% expense ratio, which is higher than ACII's 0.79% expense ratio.


Dividends

MSTY vs. ACII - Dividend Comparison

MSTY's dividend yield for the trailing twelve months is around 269.45%, more than ACII's 0.74% yield.


PositionTTM20252024
ACII
Innovator Index Autocallable Income Strategy ETF
0.74%0.00%0.00%
MSTY
YieldMax™ MSTR Option Income Strategy ETF
269.45%294.61%104.56%

Frequently Asked Questions


MSTY and ACII have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ACII is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ACII is cheaper with a 0.79% expense ratio, compared with 0.99% for MSTY.

MSTY has the higher dividend yield at 269.45%, compared with 0.74% for ACII.

They also come from different issuers: YieldMax and Innovator. Their fees differ too: 0.99% for MSTY and 0.79% for ACII.

Portfolio Optimizer

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