NANC vs. YALL

Last updated Aug 4, 2026

NANC (Unusual Whales Subversive Democratic Trading ETF) and YALL (God Bless America ETF) are both Large Cap Blend Equities funds from Tidal. Both are actively managed. Over the past 3 years, NANC returned 22.34%/yr vs 16.90%/yr for YALL. Their 0.80 correlation means they have sometimes moved together and sometimes differently. NANC charges 0.72%/yr vs 0.65%/yr for YALL.

Performance

NANC vs. YALL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unusual Whales Subversive Democratic Trading ETF (NANC) and God Bless America ETF (YALL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NANC achieves a 11.53% return, which is significantly higher than YALL's -2.41% return.

NANC

• 1D: 2.21%
• 1M: 1.56%
• 6M: 10.60%
• YTD: 11.53%
• 1Y: 22.52%
• 3Y*: 22.34%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.03%

YALL

• 1D: 1.37%
• 1M: -0.84%
• 6M: -3.76%
• YTD: -2.41%
• 1Y: 1.85%
• 3Y*: 16.90%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NANC Unusual Whales Subversive Democratic Trading ETF	$805.69K	$811.59K	$1.02M
YALL God Bless America ETF	$400.93K	$373.23K	$379.27K

NANC vs. YALL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NANC Unusual Whales Subversive Democratic Trading ETF	11.53%	18.54%	26.83%	22.81%
YALL God Bless America ETF	-2.41%	14.36%	29.99%	26.01%

Correlation

The correlation between NANC and YALL is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (All Time) Calculated using the full available price history since Feb 7, 2023	0.80

The correlation between NANC and YALL has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.

NANC vs. YALL - Sectors Allocation Comparison

Sectors	NANC	YALL
Technology	45.6%	20.1%
Communication Services	12.5%	8.1%
Healthcare	10.0%	9.6%
Financial Services	8.2%	11.1%
Consumer Cyclical	8.2%	11.0%
Consumer Defensive	7.1%	9.3%
Industrials	5.8%	15.3%
Basic Materials	2.0%	5.0%
Utilities	0.6%	3.4%
Energy	-	4.8%
Real Estate	-	2.4%

Return for Risk

NANC vs. YALL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NANC

NANC Risk / Return Rank: 59
NANC Sharpe Ratio Rank: 64
NANC Sortino Ratio Rank: 62
NANC Omega Ratio Rank: 60
NANC Calmar Ratio Rank: 50
NANC Martin Ratio Rank: 60

YALL

YALL Risk / Return Rank: 14
YALL Sharpe Ratio Rank: 14
YALL Sortino Ratio Rank: 13
YALL Omega Ratio Rank: 13
YALL Calmar Ratio Rank: 14
YALL Martin Ratio Rank: 14

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NANC vs. YALL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unusual Whales Subversive Democratic Trading ETF (NANC) and God Bless America ETF (YALL). 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.

	NANC	YALL	Difference
Sharpe ratio: Return per unit of total volatility	1.51	0.13	+1.37
Sortino ratio: Return per unit of downside risk	2.12	0.28	+1.84
Omega ratio: Gain probability vs. loss probability	1.26	1.03	+0.23
Calmar ratio: Return relative to maximum drawdown	1.85	0.20	+1.66
Martin ratio: Return relative to average drawdown	7.30	0.44	+6.86

NANC vs. YALL - Sharpe Ratio Comparison

The current NANC Sharpe Ratio is 1.51, which is higher than the YALL Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of NANC and YALL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NANC vs. YALL - Drawdown Comparison

The maximum NANC drawdown since its inception was -20.94%, which is greater than YALL's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for NANC and YALL.

Drawdown Indicators

	NANC	YALL	Difference
Max Drawdown Largest peak-to-trough decline	-20.94%	-19.72%	-1.22%
Max Drawdown (1Y) Largest decline over 1 year	-12.21%	-9.42%	-2.79%
Max Drawdown (3Y) Largest decline over 3 years	-20.94%	-19.72%	-1.22%
Current Drawdown Current decline from peak	0.00%	-6.77%	+6.77%
Average Drawdown Average peak-to-trough decline	-2.63%	-3.09%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	4.18%	-1.09%

Volatility

NANC vs. YALL - Volatility Comparison

Unusual Whales Subversive Democratic Trading ETF (NANC) has a higher volatility of 5.04% compared to God Bless America ETF (YALL) at 3.25%. This indicates that NANC's price experiences larger fluctuations and is considered to be riskier than YALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NANC	YALL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	3.25%	+1.79%
Volatility (6M) Calculated over the trailing 6-month period	12.06%	10.10%	+1.96%
Volatility (1Y) Calculated over the trailing 1-year period	15.04%	13.82%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.84%	17.30%	-0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	17.30%	-0.46%

NANC vs. YALL - Expense Ratio Comparison

NANC has a 0.72% expense ratio, which is higher than YALL's 0.65% expense ratio.

Dividends

NANC vs. YALL - Dividend Comparison

NANC's dividend yield for the trailing twelve months is around 0.19%, less than YALL's 0.51% yield.

Position	TTM	2025	2024	2023	2022
NANC Unusual Whales Subversive Democratic Trading ETF	0.19%	0.21%	0.20%	0.94%	0.00%
YALL God Bless America ETF	0.51%	0.49%	0.50%	3.51%	0.19%

Frequently Asked Questions

Can I hold both NANC and YALL in my portfolio?

NANC and YALL have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NANC or YALL?

NANC has higher volatility (5.04%) compared to YALL (3.25%). In terms of maximum drawdown, NANC dropped -20.94% vs YALL's -19.72%.

Which ETF is better, NANC or YALL?

On 3-year performance, NANC leads with 22.34% vs 16.90% for YALL. On fees, YALL is cheaper at 0.65% per year. On volatility, YALL has been the lower-risk option at 3.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NANC or YALL?

Over the 3-year period, NANC has performed better with a 22.34% return vs 16.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NANC or YALL?

YALL is cheaper with a 0.65% expense ratio, compared with 0.72% for NANC.

Which ETF pays a higher dividend yield, NANC or YALL?

YALL has the higher dividend yield at 0.51%, compared with 0.19% for NANC.

What is the main difference between NANC and YALL?

Their fees differ too: 0.72% for NANC and 0.65% for YALL.

Which has better risk-adjusted returns?

NANC currently has the higher Sharpe Ratio (1.51 vs 0.13), 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.