OPY vs. MSTY
OPY (Oppenheimer Holdings Inc.) is a stock, while MSTY (YieldMax™ MSTR Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, OPY returned 79.80% vs -73.76% for MSTY. At a 0.25 correlation, their price movements are largely independent.
Performance
OPY vs. MSTY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OPY achieves a 61.39% return, which is significantly higher than MSTY's -35.55% return.
OPY
- 1D
- 0.92%
- 1M
- 12.35%
- 6M
- 56.45%
- YTD
- 61.39%
- 1Y
- 79.80%
- 3Y*
- 44.28%
- 5Y*
- 24.06%
- 10Y*
- 24.81%
MSTY
- 1D
- -2.03%
- 1M
- -23.27%
- 6M
- -39.01%
- YTD
- -35.55%
- 1Y
- -73.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OPY vs. MSTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
OPY Oppenheimer Holdings Inc. | 61.39% | 15.55% | 64.91% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | -35.55% | -42.71% | 212.16% |
Correlation
The correlation between OPY and MSTY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2024 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OPY vs. MSTY — Risk / Return Rank
OPY
MSTY
OPY vs. MSTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oppenheimer Holdings Inc. (OPY) 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.
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.
| OPY | MSTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.28 | ||
| Sortino ratioReturn per unit of downside risk | +5.15 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.75 | +0.61 |
| Calmar ratioReturn relative to maximum drawdown | 3.78 | -0.95 | +4.74 |
| Martin ratioReturn relative to average drawdown | 8.22 | -1.41 | +9.63 |
Loading charts...
Drawdowns
OPY vs. MSTY - Drawdown Comparison
The maximum OPY drawdown since its inception was -87.51%, which is greater than MSTY's maximum drawdown of -77.40%. Use the drawdown chart below to compare losses from any high point for OPY and MSTY.
Loading charts...
Drawdown Indicators
| OPY | MSTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.51% | -77.40% | -10.11% |
Max Drawdown (1Y)Largest decline over 1 year | -21.22% | -77.40% | +56.18% |
Max Drawdown (3Y)Largest decline over 3 years | -29.42% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.98% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -54.94% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -74.66% | +74.66% |
Average DrawdownAverage peak-to-trough decline | -31.44% | -28.01% | -3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.75% | 52.19% | -42.44% |
Volatility
OPY vs. MSTY - Volatility Comparison
The current volatility for Oppenheimer Holdings Inc. (OPY) is 12.91%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 23.76%. This indicates that OPY experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OPY | MSTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.91% | 23.76% | -10.85% |
Volatility (6M)Calculated over the trailing 6-month period | 31.60% | 53.06% | -21.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.69% | 64.61% | -26.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.81% | 72.32% | -39.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.32% | 72.32% | -37.00% |
Dividends
OPY vs. MSTY - Dividend Comparison
OPY's dividend yield for the trailing twelve months is around 1.50%, less than MSTY's 289.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | 289.43% | 294.61% | 104.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OPY Oppenheimer Holdings Inc. | 1.50% | 2.38% | 1.03% | 1.45% | 1.42% | 3.32% | 4.71% | 1.67% | 1.72% | 1.64% | 2.37% | 2.53% |
Frequently Asked Questions
OPY and MSTY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTY has higher volatility (23.76%) compared to OPY (12.91%). In terms of maximum drawdown, OPY dropped -87.51% vs MSTY's -77.40%.
OPY currently has the higher Sharpe Ratio (2.13 vs -1.15), 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.
Find the right allocation for OPY and MSTY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer