PBD vs. MSTY
PBD (Invesco Global Clean Energy ETF) and MSTY (YieldMax™ MSTR Option Income Strategy ETF) are both exchange-traded funds - PBD is a Alternative Energy Equities fund tracking the WilderHill New Energy Global Innovation index, while MSTY is a Derivative Income fund actively managed by YieldMax. PBD is passively managed, while MSTY is actively managed. Over the past year, PBD returned 72.58% vs -60.49% for MSTY. At a 0.42 correlation, their price movements are largely independent. PBD charges 0.75%/yr vs 0.99%/yr for MSTY.
Performance
PBD vs. MSTY - Performance Comparison
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Returns By Period
In the year-to-date period, PBD achieves a 28.03% return, which is significantly higher than MSTY's -12.23% return.
PBD
- 1D
- 0.84%
- 1M
- -3.12%
- YTD
- 28.03%
- 6M
- 27.73%
- 1Y
- 72.58%
- 3Y*
- 4.61%
- 5Y*
- -5.27%
- 10Y*
- 9.10%
MSTY
- 1D
- 4.50%
- 1M
- -23.91%
- YTD
- -12.23%
- 6M
- -15.80%
- 1Y
- -60.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PBD vs. MSTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PBD Invesco Global Clean Energy ETF | 28.03% | 43.65% | -15.12% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | -12.23% | -42.71% | 212.16% |
Correlation
The correlation between PBD and MSTY is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2024 | 0.42 |
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Return for Risk
PBD vs. MSTY — Risk / Return Rank
PBD
MSTY
PBD vs. MSTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy ETF (PBD) 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.
| PBD | MSTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.93 | ||
| Sortino ratioReturn per unit of downside risk | +5.16 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 0.82 | +0.65 |
| Calmar ratioReturn relative to maximum drawdown | 5.71 | -0.84 | +6.55 |
| Martin ratioReturn relative to average drawdown | 19.24 | -1.25 | +20.49 |
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Drawdowns
PBD vs. MSTY - Drawdown Comparison
The maximum PBD drawdown since its inception was -78.60%, which is greater than MSTY's maximum drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for PBD and MSTY.
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Drawdown Indicators
| PBD | MSTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.60% | -71.79% | -6.81% |
Max Drawdown (1Y)Largest decline over 1 year | -12.78% | -71.79% | +59.01% |
Max Drawdown (3Y)Largest decline over 3 years | -52.45% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -69.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -75.40% | — | — |
Current DrawdownCurrent decline from peak | -43.63% | -65.49% | +21.86% |
Average DrawdownAverage peak-to-trough decline | -53.37% | -26.61% | -26.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 48.38% | -44.60% |
Volatility
PBD vs. MSTY - Volatility Comparison
The current volatility for Invesco Global Clean Energy ETF (PBD) is 10.96%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 19.30%. This indicates that PBD 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.
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Volatility by Period
| PBD | MSTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.96% | 19.30% | -8.34% |
Volatility (6M)Calculated over the trailing 6-month period | 19.02% | 49.85% | -30.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.81% | 61.63% | -36.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.59% | 71.87% | -43.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.35% | 71.87% | -44.52% |
PBD vs. MSTY - Expense Ratio Comparison
PBD has a 0.75% expense ratio, which is lower than MSTY's 0.99% expense ratio.
Dividends
PBD vs. MSTY - Dividend Comparison
PBD's dividend yield for the trailing twelve months is around 1.76%, less than MSTY's 230.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | 230.78% | 294.61% | 104.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PBD Invesco Global Clean Energy ETF | 1.76% | 2.71% | 1.81% | 2.85% | 2.98% | 0.67% | 0.48% | 1.83% | 1.86% | 1.76% | 2.04% | 1.24% |
Frequently Asked Questions
PBD and MSTY have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTY has higher volatility (19.30%) compared to PBD (10.96%). In terms of maximum drawdown, PBD dropped -78.60% vs MSTY's -71.79%.
On 1-year performance, PBD leads with 72.58% vs -60.49% for MSTY. On fees, PBD is cheaper at 0.75% per year. On volatility, PBD has been the lower-risk option at 10.96%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PBD has performed better with a 72.58% return vs -60.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PBD is cheaper with a 0.75% expense ratio, compared with 0.99% for MSTY.
MSTY has the higher dividend yield at 230.78%, compared with 1.76% for PBD.
PBD is categorized as Alternative Energy Equities, while MSTY is Derivative Income. They also come from different issuers: Invesco and YieldMax. Their fees differ too: 0.75% for PBD and 0.99% for MSTY.
PBD currently has the higher Sharpe Ratio (2.95 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.
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