MTYY vs. MSTY

Last updated Jun 4, 2026

MTYY (GraniteShares YieldBoost MSTR ETF) and MSTY (YieldMax™ MSTR Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. MTYY charges 1.07%/yr vs 0.99%/yr for MSTY.

Performance

MTYY vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBoost MSTR ETF (MTYY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MTYY achieves a -26.59% return, which is significantly lower than MSTY's -14.73% return.

MTYY

• 1D: -0.37%
• 1M: -13.74%
• YTD: -26.59%
• 6M: -37.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTY

• 1D: -6.76%
• 1M: -28.46%
• YTD: -14.73%
• 6M: -26.86%
• 1Y: -61.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MTYY vs. MSTY - Yearly Performance Comparison

	2026 (YTD)	2025
MTYY GraniteShares YieldBoost MSTR ETF	-26.59%	-54.45%
MSTY YieldMax™ MSTR Option Income Strategy ETF	-14.73%	-48.60%

Correlation

The correlation between MTYY and MSTY is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.86

Return for Risk

MTYY vs. MSTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSTY

MSTY Risk / Return Rank: 1
MSTY Sharpe Ratio Rank: 1
MSTY Sortino Ratio Rank: 1
MSTY Omega Ratio Rank: 1
MSTY Calmar Ratio Rank: 2
MSTY Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MTYY vs. MSTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost MSTR ETF (MTYY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MTYY	MSTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	-2.29	0.26	-2.55

Drawdowns

MTYY vs. MSTY - Drawdown Comparison

The maximum MTYY drawdown since its inception was -66.57%, smaller than the maximum MSTY drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for MTYY and MSTY.

Drawdown Indicators

	MTYY	MSTY	Difference
Max Drawdown Largest peak-to-trough decline	-66.57%	-71.79%	+5.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-71.79%	—
Current Drawdown Current decline from peak	-66.57%	-66.48%	-0.09%
Average Drawdown Average peak-to-trough decline	-48.79%	-26.09%	-22.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	46.87%	—

Volatility

Volatility by Period

	MTYY	MSTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	48.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.85%	60.44%	-25.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.85%	71.92%	-37.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.85%	71.92%	-37.07%

MTYY vs. MSTY - Expense Ratio Comparison

MTYY has a 1.07% expense ratio, which is higher than MSTY's 0.99% expense ratio.

Dividends

MTYY vs. MSTY - Dividend Comparison

MTYY's dividend yield for the trailing twelve months is around 183.32%, less than MSTY's 269.45% yield.

Position	TTM	2025	2024
MSTY YieldMax™ MSTR Option Income Strategy ETF	269.45%	294.61%	104.56%
MTYY GraniteShares YieldBoost MSTR ETF	183.32%	48.98%	0.00%

Frequently Asked Questions

Can I hold both MTYY and MSTY in my portfolio?

MTYY and MSTY have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MTYY or MSTY?

On fees, MSTY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MTYY or MSTY?

MSTY is cheaper with a 0.99% expense ratio, compared with 1.07% for MTYY.

Which ETF pays a higher dividend yield, MTYY or MSTY?

MSTY has the higher dividend yield at 269.45%, compared with 183.32% for MTYY.

What is the main difference between MTYY and MSTY?

They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for MTYY and 0.99% for MSTY.