MSTY vs. BTC-USD
Compare and contrast key facts about YieldMax™ MSTR Option Income Strategy ETF (MSTY) and Bitcoin (BTC-USD).
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: MSTY or BTC-USD.
Correlation
The correlation between MSTY and BTC-USD is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MSTY vs. BTC-USD - Performance Comparison
Key characteristics
MSTY:
0.50
BTC-USD:
0.64
MSTY:
1.17
BTC-USD:
1.27
MSTY:
1.15
BTC-USD:
1.13
MSTY:
0.91
BTC-USD:
0.43
MSTY:
2.29
BTC-USD:
3.07
MSTY:
16.29%
BTC-USD:
10.95%
MSTY:
74.51%
BTC-USD:
42.46%
MSTY:
-40.82%
BTC-USD:
-93.07%
MSTY:
-29.80%
BTC-USD:
-22.23%
Returns By Period
In the year-to-date period, MSTY achieves a -3.14% return, which is significantly higher than BTC-USD's -11.65% return.
MSTY
-3.14%
8.48%
43.70%
43.34%
N/A
N/A
BTC-USD
-11.65%
-4.05%
30.35%
15.72%
65.71%
78.29%
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Risk-Adjusted Performance
MSTY vs. BTC-USD — Risk-Adjusted Performance Rank
MSTY
BTC-USD
MSTY vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax™ MSTR Option Income Strategy ETF (MSTY) and Bitcoin (BTC-USD). 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.
Drawdowns
MSTY vs. BTC-USD - Drawdown Comparison
The maximum MSTY drawdown since its inception was -40.82%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for MSTY and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
MSTY vs. BTC-USD - Volatility Comparison
YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a higher volatility of 28.00% compared to Bitcoin (BTC-USD) at 19.55%. This indicates that MSTY's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.