MSTY vs. ALKS
MSTY (YieldMax™ MSTR Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while ALKS (Alkermes plc) is a stock. Over the past year, MSTY returned -60.49% vs 48.71% for ALKS. At a 0.15 correlation, their price movements are largely independent.
Performance
MSTY vs. ALKS - Performance Comparison
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Returns By Period
In the year-to-date period, MSTY achieves a -12.23% return, which is significantly lower than ALKS's 58.54% return.
MSTY
- 1D
- 4.50%
- 1M
- -23.91%
- YTD
- -12.23%
- 6M
- -15.80%
- 1Y
- -60.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ALKS
- 1D
- 0.18%
- 1M
- 18.36%
- YTD
- 58.54%
- 6M
- 57.47%
- 1Y
- 48.71%
- 3Y*
- 11.28%
- 5Y*
- 12.07%
- 10Y*
- 0.70%
MSTY vs. ALKS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | -12.23% | -42.71% | 212.16% |
ALKS Alkermes plc | 58.54% | -2.71% | -1.44% |
Correlation
The correlation between MSTY and ALKS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2024 | 0.15 |
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Return for Risk
MSTY vs. ALKS — Risk / Return Rank
MSTY
ALKS
MSTY vs. ALKS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax™ MSTR Option Income Strategy ETF (MSTY) and Alkermes plc (ALKS). 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.
| MSTY | ALKS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.24 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 2.21 | -3.05 |
| Martin ratioReturn relative to average drawdown | -1.25 | 5.11 | -6.36 |
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Drawdowns
MSTY vs. ALKS - Drawdown Comparison
The maximum MSTY drawdown since its inception was -71.79%, smaller than the maximum ALKS drawdown of -96.14%. Use the drawdown chart below to compare losses from any high point for MSTY and ALKS.
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Drawdown Indicators
| MSTY | ALKS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.79% | -96.14% | +24.35% |
Max Drawdown (1Y)Largest decline over 1 year | -71.79% | -22.20% | -49.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.58% | — |
Current DrawdownCurrent decline from peak | -65.49% | -54.76% | -10.73% |
Average DrawdownAverage peak-to-trough decline | -26.61% | -67.23% | +40.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.38% | 9.55% | +38.83% |
Volatility
MSTY vs. ALKS - Volatility Comparison
YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a higher volatility of 19.30% compared to Alkermes plc (ALKS) at 10.43%. This indicates that MSTY's price experiences larger fluctuations and is considered to be riskier than ALKS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSTY | ALKS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.30% | 10.43% | +8.87% |
Volatility (6M)Calculated over the trailing 6-month period | 49.85% | 30.28% | +19.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.63% | 40.79% | +20.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.87% | 37.33% | +34.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.87% | 41.31% | +30.56% |
Dividends
MSTY vs. ALKS - Dividend Comparison
MSTY's dividend yield for the trailing twelve months is around 230.78%, while ALKS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ALKS Alkermes plc | 0.00% | 0.00% | 0.00% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 230.78% | 294.61% | 104.56% |
Frequently Asked Questions
MSTY and ALKS have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTY has higher volatility (19.30%) compared to ALKS (10.43%). In terms of maximum drawdown, MSTY dropped -71.79% vs ALKS's -96.14%.
ALKS currently has the higher Sharpe Ratio (1.20 vs -0.99), 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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