OMAH vs. TPRY

Last updated Aug 5, 2026

OMAH (VistaShares Target 15™ Berkshire Select Income ETF) and TPRY (VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF) are both Derivative Income funds from VistaShares. OMAH is actively managed, while TPRY is passively managed. Their -0.06 correlation means they have often moved in opposite directions in the past. Both charge a 0.95% expense ratio.

Performance

OMAH vs. TPRY - 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 TEPRTantrum Contrarian Distribution ETF (TPRY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OMAH

• 1D: 0.37%
• 1M: 2.11%
• 6M: 10.79%
• YTD: 10.88%
• 1Y: 16.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.50%

TPRY

• 1D: 1.65%
• 1M: 0.69%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
OMAH VistaShares Target 15™ Berkshire Select Income ETF	$20.61M	$17.47M	$16.72M
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	$165.54K	$143.82K	$94.68K

OMAH vs. TPRY - Yearly Performance Comparison

	2026 (YTD)
OMAH VistaShares Target 15™ Berkshire Select Income ETF	10.73%
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	3.18%

Correlation

The correlation between OMAH and TPRY is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026	-0.06

Return for Risk

OMAH vs. TPRY — Risk / Return Rank

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

OMAH

OMAH Risk / Return Rank: 83
OMAH Sharpe Ratio Rank: 80
OMAH Sortino Ratio Rank: 79
OMAH Omega Ratio Rank: 77
OMAH Calmar Ratio Rank: 95
OMAH Martin Ratio Rank: 86

TPRY

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

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.

OMAH vs. TPRY - 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 TEPRTantrum Contrarian Distribution ETF (TPRY). 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.

	OMAH	TPRY	Difference
Sharpe ratio: Return per unit of total volatility	2.03	—	—
Sortino ratio: Return per unit of downside risk	2.86	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	5.76	—	—
Martin ratio: Return relative to average drawdown	13.81	—	—

Drawdowns

OMAH vs. TPRY - Drawdown Comparison

The maximum OMAH drawdown since its inception was -11.83%, smaller than the maximum TPRY drawdown of -14.50%. Use the drawdown chart below to compare losses from any high point for OMAH and TPRY.

Drawdown Indicators

	OMAH	TPRY	Difference
Max Drawdown Largest peak-to-trough decline	-11.83%	-14.50%	+2.67%
Max Drawdown (1Y) Largest decline over 1 year	-2.95%	—	—
Current Drawdown Current decline from peak	0.00%	-5.51%	+5.51%
Average Drawdown Average peak-to-trough decline	-1.22%	-4.06%	+2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	—	—

Volatility

Volatility by Period

	OMAH	TPRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.35%	28.91%	-20.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.82%	28.91%	-16.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.82%	28.91%	-16.09%

OMAH vs. TPRY - Expense Ratio Comparison

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

Dividends

OMAH vs. TPRY - Dividend Comparison

OMAH's dividend yield for the trailing twelve months is around 14.83%, more than TPRY's 6.34% yield.

Position	TTM	2025
OMAH VistaShares Target 15™ Berkshire Select Income ETF	14.83%	12.86%
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	6.34%	0.00%

Frequently Asked Questions

Can I hold both OMAH and TPRY in my portfolio?

OMAH and TPRY have a correlation of -0.06, 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 TPRY?

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 TPRY?

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

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

OMAH has the higher dividend yield at 14.83%, compared with 6.34% for TPRY.