OMAH vs. DRKY

Last updated Jun 4, 2026

OMAH (VistaShares Target 15™ Berkshire Select Income ETF) and DRKY (VistaShares Target 15 Druckenmiller Macro Distribution ETF) are both Derivative Income funds from VistaShares. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.

Performance

OMAH vs. DRKY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15™ Berkshire Select Income ETF (OMAH) and VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OMAH achieves a 4.56% return, which is significantly higher than DRKY's -1.44% return.

OMAH

• 1D: -0.70%
• 1M: 0.44%
• YTD: 4.56%
• 6M: 4.00%
• 1Y: 11.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRKY

• 1D: -0.88%
• 1M: -1.87%
• YTD: -1.44%
• 6M: -1.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OMAH vs. DRKY - Yearly Performance Comparison

	2026 (YTD)	2025
OMAH VistaShares Target 15™ Berkshire Select Income ETF	4.56%	1.12%
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	-1.44%	11.61%

Correlation

The correlation between OMAH and DRKY is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.37

Return for Risk

OMAH vs. DRKY — Risk / Return Rank

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

OMAH

OMAH Risk / Return Rank: 49
OMAH Sharpe Ratio Rank: 39
OMAH Sortino Ratio Rank: 38
OMAH Omega Ratio Rank: 37
OMAH Calmar Ratio Rank: 75
OMAH Martin Ratio Rank: 54

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.

OMAH vs. DRKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15™ Berkshire Select Income ETF (OMAH) and VistaShares Target 15 Druckenmiller Macro Distribution ETF (DRKY). 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.

	OMAH	DRKY	Difference
Sharpe ratio: Return per unit of total volatility	1.43	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	3.82	—	—
Martin ratio: Return relative to average drawdown	9.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OMAH	DRKY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.76	-0.06

Drawdowns

OMAH vs. DRKY - Drawdown Comparison

The maximum OMAH drawdown since its inception was -11.83%, smaller than the maximum DRKY drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for OMAH and DRKY.

Drawdown Indicators

	OMAH	DRKY	Difference
Max Drawdown Largest peak-to-trough decline	-11.83%	-15.68%	+3.85%
Max Drawdown (1Y) Largest decline over 1 year	-3.00%	—	—
Current Drawdown Current decline from peak	-2.65%	-4.92%	+2.27%
Average Drawdown Average peak-to-trough decline	-1.26%	-4.50%	+3.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.21%	—	—

Volatility

Volatility by Period

	OMAH	DRKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.05%	20.93%	-12.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.21%	20.93%	-7.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.21%	20.93%	-7.72%

OMAH vs. DRKY - Expense Ratio Comparison

Both OMAH and DRKY have an expense ratio of 0.95%.

Dividends

OMAH vs. DRKY - Dividend Comparison

OMAH's dividend yield for the trailing twelve months is around 15.44%, more than DRKY's 10.33% yield.

Position	TTM	2025
DRKY VistaShares Target 15 Druckenmiller Macro Distribution ETF	10.33%	3.66%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	15.44%	12.86%

Frequently Asked Questions

Can I hold both OMAH and DRKY in my portfolio?

OMAH and DRKY have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OMAH or DRKY?

Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OMAH or DRKY?

OMAH and DRKY have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, OMAH or DRKY?

OMAH has the higher dividend yield at 15.44%, compared with 10.33% for DRKY.