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 78.45% vs -66.58% 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 56.54% return, which is significantly higher than MSTY's -27.80% return.
OPY
- 1D
- 1.29%
- 1M
- 20.06%
- YTD
- 56.54%
- 6M
- 51.36%
- 1Y
- 78.45%
- 3Y*
- 44.28%
- 5Y*
- 19.31%
- 10Y*
- 24.70%
MSTY
- 1D
- -4.55%
- 1M
- -31.74%
- YTD
- -27.80%
- 6M
- -29.80%
- 1Y
- -66.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OPY vs. MSTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
OPY Oppenheimer Holdings Inc. | 56.54% | 15.55% | 64.91% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | -27.80% | -42.71% | 212.16% |
Correlation
The correlation between OPY and MSTY is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
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 | +3.27 | ||
| Sortino ratioReturn per unit of downside risk | +4.84 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.79 | +0.59 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | -0.93 | +4.65 |
| Martin ratioReturn relative to average drawdown | 8.15 | -1.35 | +9.50 |
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 -71.79%. 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% | -71.79% | -15.72% |
Max Drawdown (1Y)Largest decline over 1 year | -21.22% | -71.79% | +50.57% |
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 | -2.58% | -71.62% | +69.04% |
Average DrawdownAverage peak-to-trough decline | -31.48% | -26.97% | -4.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.65% | 49.36% | -39.71% |
Volatility
OPY vs. MSTY - Volatility Comparison
The current volatility for Oppenheimer Holdings Inc. (OPY) is 10.96%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 19.32%. 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 | 10.96% | 19.32% | -8.36% |
Volatility (6M)Calculated over the trailing 6-month period | 29.71% | 49.66% | -19.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.07% | 62.02% | -25.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.74% | 71.82% | -39.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.27% | 71.82% | -36.55% |
Dividends
OPY vs. MSTY - Dividend Comparison
OPY's dividend yield for the trailing twelve months is around 1.54%, less than MSTY's 286.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | 286.06% | 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. | 1.54% | 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 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTY has higher volatility (19.32%) compared to OPY (10.96%). In terms of maximum drawdown, OPY dropped -87.51% vs MSTY's -71.79%.
OPY currently has the higher Sharpe Ratio (2.19 vs -1.08), 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