MSTY vs. SQY
Compare and contrast key facts about YieldMax™ MSTR Option Income Strategy ETF (MSTY) and YieldMax SQ Option Income Strategy ETF (SQY).
MSTY and SQY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024. SQY is an actively managed fund by YieldMax. It was launched on Oct 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTY or SQY.
Correlation
The correlation between MSTY and SQY is 0.49, 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. SQY - Performance Comparison
Key characteristics
MSTY:
1.35
SQY:
-0.61
MSTY:
2.00
SQY:
-0.63
MSTY:
1.26
SQY:
0.91
MSTY:
2.56
SQY:
-0.58
MSTY:
6.29
SQY:
-1.67
MSTY:
16.65%
SQY:
14.53%
MSTY:
77.70%
SQY:
39.40%
MSTY:
-40.82%
SQY:
-42.16%
MSTY:
-15.59%
SQY:
-41.03%
Returns By Period
In the year-to-date period, MSTY achieves a 16.46% return, which is significantly higher than SQY's -33.73% return.
MSTY
16.46%
4.68%
33.65%
108.33%
N/A
N/A
SQY
-33.73%
-9.29%
-23.72%
-18.60%
N/A
N/A
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MSTY vs. SQY - Expense Ratio Comparison
MSTY has a 0.99% expense ratio, which is lower than SQY's 1.01% expense ratio.
Risk-Adjusted Performance
MSTY vs. SQY — Risk-Adjusted Performance Rank
MSTY
SQY
MSTY vs. SQY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax™ MSTR Option Income Strategy ETF (MSTY) and YieldMax SQ Option Income Strategy ETF (SQY). 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
MSTY vs. SQY - Dividend Comparison
MSTY's dividend yield for the trailing twelve months is around 132.79%, more than SQY's 95.37% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | 132.79% | 104.56% | 0.00% |
SQY YieldMax SQ Option Income Strategy ETF | 95.37% | 62.54% | 9.85% |
Drawdowns
MSTY vs. SQY - Drawdown Comparison
The maximum MSTY drawdown since its inception was -40.82%, roughly equal to the maximum SQY drawdown of -42.16%. Use the drawdown chart below to compare losses from any high point for MSTY and SQY. For additional features, visit the drawdowns tool.
Volatility
MSTY vs. SQY - Volatility Comparison
YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a higher volatility of 32.06% compared to YieldMax SQ Option Income Strategy ETF (SQY) at 6.16%. This indicates that MSTY's price experiences larger fluctuations and is considered to be riskier than SQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.