PYPY vs. PYPL
Compare and contrast key facts about Yieldmax PYPL Option Income Strategy ETF (PYPY) and PayPal Holdings, Inc. (PYPL).
PYPY is an actively managed fund by YieldMax. It was launched on Sep 25, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PYPY or PYPL.
Performance
PYPY vs. PYPL - Performance Comparison
Returns By Period
In the year-to-date period, PYPY achieves a 44.31% return, which is significantly higher than PYPL's 41.30% return.
PYPY
44.31%
5.98%
35.30%
54.56%
N/A
N/A
PYPL
41.30%
7.35%
40.77%
54.01%
-3.14%
N/A
Key characteristics
| PYPY | PYPL | |
|---|---|---|
| Sharpe Ratio | 2.12 | 1.59 |
| Sortino Ratio | 2.65 | 2.15 |
| Omega Ratio | 1.39 | 1.28 |
| Calmar Ratio | 3.71 | 0.66 |
| Martin Ratio | 10.48 | 8.38 |
| Ulcer Index | 5.21% | 6.45% |
| Daily Std Dev | 25.78% | 33.88% |
| Max Drawdown | -14.70% | -83.67% |
| Current Drawdown | 0.00% | -71.88% |
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Correlation
The correlation between PYPY and PYPL is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
PYPY vs. PYPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Yieldmax PYPL Option Income Strategy ETF (PYPY) and PayPal Holdings, Inc. (PYPL). 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.
Dividends
PYPY vs. PYPL - Dividend Comparison
PYPY's dividend yield for the trailing twelve months is around 46.55%, while PYPL has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
PYPY Yieldmax PYPL Option Income Strategy ETF | 46.55% | 5.70% |
PYPL PayPal Holdings, Inc. | 0.00% | 0.00% |
Drawdowns
PYPY vs. PYPL - Drawdown Comparison
The maximum PYPY drawdown since its inception was -14.70%, smaller than the maximum PYPL drawdown of -83.67%. Use the drawdown chart below to compare losses from any high point for PYPY and PYPL. For additional features, visit the drawdowns tool.
Volatility
PYPY vs. PYPL - Volatility Comparison
The current volatility for Yieldmax PYPL Option Income Strategy ETF (PYPY) is 7.03%, while PayPal Holdings, Inc. (PYPL) has a volatility of 9.39%. This indicates that PYPY experiences smaller price fluctuations and is considered to be less risky than PYPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.