MSTY vs. YBIT
MSTY (YieldMax™ MSTR Option Income Strategy ETF) and YBIT (YieldMax Bitcoin Option Income Strategy ETF) are both exchange-traded funds - MSTY is a Derivative Income fund actively managed by YieldMax, while YBIT is a Cryptocurrency fund actively managed by YieldMax. Both are actively managed. Over the past year, MSTY returned -68.04% vs -40.05% for YBIT. Their 0.75 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.99% expense ratio.
Performance
MSTY vs. YBIT - Performance Comparison
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Returns By Period
In the year-to-date period, MSTY achieves a -32.53% return, which is significantly lower than YBIT's -25.71% return.
MSTY
- 1D
- 1.13%
- 1M
- -1.52%
- 6M
- -27.05%
- YTD
- -32.53%
- 1Y
- -68.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 7.99%
YBIT
- 1D
- 0.92%
- 1M
- 2.51%
- 6M
- -15.72%
- YTD
- -25.71%
- 1Y
- -40.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -12.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.83M | $13.14M | $28.03M | |
| $603.44K | $410.45K | $548.08K |
MSTY vs. YBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | -32.53% | -42.71% | 75.76% |
YBIT YieldMax Bitcoin Option Income Strategy ETF | -25.71% | -2.49% | 1.40% |
Correlation
The correlation between MSTY and YBIT is 0.84, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2024 | 0.75 |
The correlation between MSTY and YBIT has been stable across timeframes, ranging from 0.75 to 0.84 - a consistent structural relationship.
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Return for Risk
MSTY vs. YBIT — Risk / Return Rank
MSTY
YBIT
MSTY vs. YBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax™ MSTR Option Income Strategy ETF (MSTY) and YieldMax Bitcoin Option Income Strategy ETF (YBIT). 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 | YBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.82 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | -0.85 | -0.06 |
| Martin ratioReturn relative to average drawdown | -1.34 | -1.31 | -0.02 |
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Drawdowns
MSTY vs. YBIT - Drawdown Comparison
The maximum MSTY drawdown since its inception was -77.40%, which is greater than YBIT's maximum drawdown of -47.46%. Use the drawdown chart below to compare losses from any high point for MSTY and YBIT.
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Drawdown Indicators
| MSTY | YBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.40% | -47.46% | -29.94% |
Max Drawdown (1Y)Largest decline over 1 year | -74.91% | -47.46% | -27.45% |
Current DrawdownCurrent decline from peak | -73.47% | -43.94% | -29.53% |
Average DrawdownAverage peak-to-trough decline | -29.12% | -17.21% | -11.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.95% | 30.54% | +20.41% |
Volatility
MSTY vs. YBIT - Volatility Comparison
YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a higher volatility of 13.25% compared to YieldMax Bitcoin Option Income Strategy ETF (YBIT) at 6.52%. This indicates that MSTY's price experiences larger fluctuations and is considered to be riskier than YBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSTY | YBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.25% | 6.52% | +6.73% |
Volatility (6M)Calculated over the trailing 6-month period | 52.14% | 28.27% | +23.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.93% | 36.98% | +27.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.85% | 38.13% | +33.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.85% | 38.13% | +33.72% |
MSTY vs. YBIT - Expense Ratio Comparison
Both MSTY and YBIT have an expense ratio of 0.99%.
Dividends
MSTY vs. YBIT - Dividend Comparison
MSTY's dividend yield for the trailing twelve months is around 248.73%, more than YBIT's 99.60% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | 248.73% | 294.61% | 104.56% |
YBIT YieldMax Bitcoin Option Income Strategy ETF | 99.60% | 88.33% | 60.00% |
Frequently Asked Questions
MSTY and YBIT have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTY has higher volatility (13.25%) compared to YBIT (6.52%). In terms of maximum drawdown, MSTY dropped -77.40% vs YBIT's -47.46%.
On 1-year performance, YBIT leads with -40.05% vs -68.04% for MSTY. Both ETFs have the same 0.99% expense ratio. On volatility, YBIT has been the lower-risk option at 6.52%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, YBIT has performed better with a -40.05% return vs -68.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MSTY and YBIT have the same expense ratio: 0.99% per year.
MSTY has the higher dividend yield at 248.73%, compared with 99.60% for YBIT.
MSTY is categorized as Derivative Income, while YBIT is Cryptocurrency.
MSTY currently has the higher Sharpe Ratio (-1.05 vs -1.09), 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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