MSTY vs. LHYAX
MSTY (YieldMax™ MSTR Option Income Strategy ETF) and LHYAX (Lord Abbett High Yield Fund) are both funds - MSTY is a Derivative Income fund actively managed by YieldMax, while LHYAX is a High Yield Bonds fund managed by Lord Abbett. Over the past year, MSTY returned -64.25% vs 7.44% for LHYAX. At a 0.31 correlation, their price movements are largely independent. MSTY charges 0.99%/yr vs 0.88%/yr for LHYAX.
Performance
MSTY vs. LHYAX - Performance Comparison
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Returns By Period
In the year-to-date period, MSTY achieves a -22.84% return, which is significantly lower than LHYAX's 1.54% return.
MSTY
- 1D
- -3.45%
- 1M
- -29.31%
- YTD
- -22.84%
- 6M
- -27.46%
- 1Y
- -64.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LHYAX
- 1D
- 0.00%
- 1M
- 0.73%
- YTD
- 1.54%
- 6M
- 2.32%
- 1Y
- 7.44%
- 3Y*
- 7.49%
- 5Y*
- 2.23%
- 10Y*
- 4.52%
MSTY vs. LHYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | -22.84% | -42.71% | 212.16% |
LHYAX Lord Abbett High Yield Fund | 1.54% | 7.44% | 7.49% |
Correlation
The correlation between MSTY and LHYAX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2024 | 0.31 |
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Return for Risk
MSTY vs. LHYAX — Risk / Return Rank
MSTY
LHYAX
MSTY vs. LHYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax™ MSTR Option Income Strategy ETF (MSTY) and Lord Abbett High Yield Fund (LHYAX). 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 | LHYAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.07 | ||
| Sortino ratioReturn per unit of downside risk | -5.30 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.47 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | 2.48 | -3.37 |
| Martin ratioReturn relative to average drawdown | -1.31 | 11.07 | -12.39 |
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Drawdowns
MSTY vs. LHYAX - Drawdown Comparison
The maximum MSTY drawdown since its inception was -71.79%, which is greater than LHYAX's maximum drawdown of -31.68%. Use the drawdown chart below to compare losses from any high point for MSTY and LHYAX.
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Drawdown Indicators
| MSTY | LHYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.79% | -31.68% | -40.11% |
Max Drawdown (1Y)Largest decline over 1 year | -71.79% | -3.02% | -68.77% |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.23% | — |
Current DrawdownCurrent decline from peak | -69.67% | -0.32% | -69.35% |
Average DrawdownAverage peak-to-trough decline | -26.82% | -3.07% | -23.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.95% | 0.67% | +48.28% |
Volatility
MSTY vs. LHYAX - Volatility Comparison
YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a higher volatility of 19.32% compared to Lord Abbett High Yield Fund (LHYAX) at 0.97%. This indicates that MSTY's price experiences larger fluctuations and is considered to be riskier than LHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSTY | LHYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.32% | 0.97% | +18.35% |
Volatility (6M)Calculated over the trailing 6-month period | 49.58% | 2.82% | +46.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.87% | 3.67% | +58.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.86% | 5.09% | +66.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.86% | 5.73% | +66.13% |
MSTY vs. LHYAX - Expense Ratio Comparison
MSTY has a 0.99% expense ratio, which is higher than LHYAX's 0.88% expense ratio.
Dividends
MSTY vs. LHYAX - Dividend Comparison
MSTY's dividend yield for the trailing twelve months is around 267.66%, more than LHYAX's 7.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHYAX Lord Abbett High Yield Fund | 7.22% | 7.13% | 6.02% | 5.84% | 4.60% | 4.91% | 5.15% | 5.47% | 6.29% | 5.65% | 5.85% | 6.08% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 267.66% | 294.61% | 104.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MSTY and LHYAX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTY has higher volatility (19.32%) compared to LHYAX (0.97%). In terms of maximum drawdown, MSTY dropped -71.79% vs LHYAX's -31.68%.
LHYAX currently has the higher Sharpe Ratio (2.03 vs -1.04), 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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