NFLU vs. YSPY

Last updated Jun 5, 2026

NFLU (T-REX 2X Long Netflix Daily Target ETF) and YSPY (GraniteShares YieldBOOST SPY ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, NFLU returned -65.71% vs 27.34% for YSPY. At a 0.27 correlation, their price movements are largely independent. NFLU charges 1.05%/yr vs 1.07%/yr for YSPY.

Performance

NFLU vs. YSPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long Netflix Daily Target ETF (NFLU) and GraniteShares YieldBOOST SPY ETF (YSPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NFLU achieves a -32.09% return, which is significantly lower than YSPY's 5.57% return.

NFLU

• 1D: 0.36%
• 1M: -15.11%
• YTD: -32.09%
• 6M: -44.93%
• 1Y: -65.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YSPY

• 1D: 0.03%
• 1M: 3.66%
• YTD: 5.57%
• 6M: 6.83%
• 1Y: 27.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLU vs. YSPY - Yearly Performance Comparison

	2026 (YTD)	2025
NFLU T-REX 2X Long Netflix Daily Target ETF	-32.09%	-26.79%
YSPY GraniteShares YieldBOOST SPY ETF	5.57%	9.17%

Correlation

The correlation between NFLU and YSPY is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.27

Return for Risk

NFLU vs. YSPY — Risk / Return Rank

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

NFLU

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

YSPY

YSPY Risk / Return Rank: 42
YSPY Sharpe Ratio Rank: 42
YSPY Sortino Ratio Rank: 34
YSPY Omega Ratio Rank: 50
YSPY Calmar Ratio Rank: 38
YSPY Martin Ratio Rank: 44

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.

NFLU vs. YSPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long Netflix Daily Target ETF (NFLU) and GraniteShares YieldBOOST SPY ETF (YSPY). 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.

	NFLU	YSPY	Difference
Sharpe ratio: Return per unit of total volatility	-0.99	1.44	-2.43
Sortino ratio: Return per unit of downside risk	-1.69	1.79	-3.47
Omega ratio: Gain probability vs. loss probability	0.79	1.31	-0.52
Calmar ratio: Return relative to maximum drawdown	-0.91	1.88	-2.79
Martin ratio: Return relative to average drawdown	-1.41	6.96	-8.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NFLU vs. YSPY - Sharpe Ratio Comparison

The current NFLU Sharpe Ratio is -0.99, which is lower than the YSPY Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of NFLU and YSPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NFLU	YSPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.99	1.44	-2.43
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	0.56	-0.66

Drawdowns

NFLU vs. YSPY - Drawdown Comparison

The maximum NFLU drawdown since its inception was -72.10%, which is greater than YSPY's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for NFLU and YSPY.

Drawdown Indicators

	NFLU	YSPY	Difference
Max Drawdown Largest peak-to-trough decline	-72.10%	-18.74%	-53.36%
Max Drawdown (1Y) Largest decline over 1 year	-72.10%	-14.60%	-57.50%
Current Drawdown Current decline from peak	-70.35%	-0.40%	-69.95%
Average Drawdown Average peak-to-trough decline	-28.02%	-4.99%	-23.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.49%	3.94%	+42.55%

Volatility

NFLU vs. YSPY - Volatility Comparison

T-REX 2X Long Netflix Daily Target ETF (NFLU) has a higher volatility of 13.19% compared to GraniteShares YieldBOOST SPY ETF (YSPY) at 1.11%. This indicates that NFLU's price experiences larger fluctuations and is considered to be riskier than YSPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFLU	YSPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.19%	1.11%	+12.08%
Volatility (6M) Calculated over the trailing 6-month period	51.31%	14.17%	+37.14%
Volatility (1Y) Calculated over the trailing 1-year period	66.63%	19.08%	+47.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.10%	21.24%	+47.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.10%	21.24%	+47.86%

NFLU vs. YSPY - Expense Ratio Comparison

NFLU has a 1.05% expense ratio, which is lower than YSPY's 1.07% expense ratio.

Dividends

NFLU vs. YSPY - Dividend Comparison

NFLU has not paid dividends to shareholders, while YSPY's dividend yield for the trailing twelve months is around 56.96%.

Position	TTM	2025
NFLU T-REX 2X Long Netflix Daily Target ETF	0.00%	0.00%
YSPY GraniteShares YieldBOOST SPY ETF	56.96%	45.57%

Frequently Asked Questions

Can I hold both NFLU and YSPY in my portfolio?

NFLU and YSPY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NFLU or YSPY?

NFLU has higher volatility (13.19%) compared to YSPY (1.11%). In terms of maximum drawdown, NFLU dropped -72.10% vs YSPY's -18.74%.

Which ETF is better, NFLU or YSPY?

On 1-year performance, YSPY leads with 27.34% vs -65.71% for NFLU. On fees, NFLU is cheaper at 1.05% per year. On volatility, YSPY has been the lower-risk option at 1.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NFLU or YSPY?

Over the 1-year period, YSPY has performed better with a 27.34% return vs -65.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NFLU or YSPY?

NFLU is cheaper with a 1.05% expense ratio, compared with 1.07% for YSPY.

Which ETF pays a higher dividend yield, NFLU or YSPY?

YSPY has the higher dividend yield at 56.96%, compared with 0.00% for NFLU.

What is the main difference between NFLU and YSPY?

They also come from different issuers: REX Shares and GraniteShares. Their fees differ too: 1.05% for NFLU and 1.07% for YSPY.

Which has better risk-adjusted returns?

YSPY currently has the higher Sharpe Ratio (1.44 vs -0.99), 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.