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PYPY vs. MSTY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PYPY and MSTY is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

PYPY vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Yieldmax PYPL Option Income Strategy ETF (PYPY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
45.21%
78.55%
PYPY
MSTY

Key characteristics

Daily Std Dev

PYPY:

26.65%

MSTY:

80.27%

Max Drawdown

PYPY:

-14.70%

MSTY:

-33.16%

Current Drawdown

PYPY:

-4.08%

MSTY:

-19.15%

Returns By Period


PYPY

YTD

45.48%

1M

0.81%

6M

44.29%

1Y

45.18%

5Y*

N/A

10Y*

N/A

MSTY

YTD

N/A

1M

-9.84%

6M

91.66%

1Y

N/A

5Y*

N/A

10Y*

N/A

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PYPY vs. MSTY - Expense Ratio Comparison

PYPY has a 1.01% expense ratio, which is higher than MSTY's 0.99% expense ratio.


PYPY
Yieldmax PYPL Option Income Strategy ETF
Expense ratio chart for PYPY: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for MSTY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

PYPY vs. MSTY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Yieldmax PYPL Option Income Strategy ETF (PYPY) 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.


Sharpe ratio
The chart of Sharpe ratio for PYPY, currently valued at 1.70, compared to the broader market0.002.004.001.70
The chart of Sortino ratio for PYPY, currently valued at 2.21, compared to the broader market-2.000.002.004.006.008.0010.002.21
The chart of Omega ratio for PYPY, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.32
The chart of Calmar ratio for PYPY, currently valued at 3.07, compared to the broader market0.005.0010.0015.003.07
The chart of Martin ratio for PYPY, currently valued at 8.62, compared to the broader market0.0020.0040.0060.0080.00100.008.62
PYPY
MSTY


Chart placeholderNot enough data

Dividends

PYPY vs. MSTY - Dividend Comparison

PYPY's dividend yield for the trailing twelve months is around 48.10%, less than MSTY's 93.73% yield.


TTM2023
PYPY
Yieldmax PYPL Option Income Strategy ETF
48.10%5.70%
MSTY
YieldMax™ MSTR Option Income Strategy ETF
93.73%0.00%

Drawdowns

PYPY vs. MSTY - Drawdown Comparison

The maximum PYPY drawdown since its inception was -14.70%, smaller than the maximum MSTY drawdown of -33.16%. Use the drawdown chart below to compare losses from any high point for PYPY and MSTY. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.08%
-19.15%
PYPY
MSTY

Volatility

PYPY vs. MSTY - Volatility Comparison

The current volatility for Yieldmax PYPL Option Income Strategy ETF (PYPY) is 7.78%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 24.93%. This indicates that PYPY 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.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
7.78%
24.93%
PYPY
MSTY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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