QBY vs. BUYW
QBY (GraniteShares YieldBOOST QBTS ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. Their 0.28 correlation means their historical movements had little consistent relationship. QBY charges 1.07%/yr vs 1.29%/yr for BUYW.
Performance
QBY vs. BUYW - Performance Comparison
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Returns By Period
In the year-to-date period, QBY achieves a -34.18% return, which is significantly lower than BUYW's 4.80% return.
QBY
- 1D
- 0.36%
- 1M
- -9.83%
- 6M
- -17.89%
- YTD
- -34.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BUYW
- 1D
- -0.21%
- 1M
- 0.36%
- 6M
- 4.27%
- YTD
- 4.80%
- 1Y
- 9.05%
- 3Y*
- 8.70%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 9.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.69M | $5.12M | $4.85M | |
| $136.73K | $120.85K | $134.30K |
QBY vs. BUYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QBY GraniteShares YieldBOOST QBTS ETF | -34.18% | -8.88% |
BUYW Main Buywrite ETF | 4.80% | 1.42% |
Correlation
The correlation between QBY and BUYW is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.28 |
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Return for Risk
QBY vs. BUYW — Risk / Return Rank
QBY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BUYW
QBY vs. BUYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST QBTS ETF (QBY) and Main Buywrite ETF (BUYW). 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.
| QBY | BUYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.42 | — |
| Martin ratioReturn relative to average drawdown | — | 18.22 | — |
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Drawdowns
QBY vs. BUYW - Drawdown Comparison
The maximum QBY drawdown since its inception was -41.40%, which is greater than BUYW's maximum drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for QBY and BUYW.
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Drawdown Indicators
| QBY | BUYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.40% | -9.36% | -32.04% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.36% | — |
Current DrawdownCurrent decline from peak | -40.49% | -0.21% | -40.28% |
Average DrawdownAverage peak-to-trough decline | -27.81% | -0.59% | -27.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.49% | — |
Volatility
QBY vs. BUYW - Volatility Comparison
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Volatility by Period
| QBY | BUYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.91% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.94% | 4.86% | +25.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.94% | 8.34% | +21.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.94% | 8.34% | +21.60% |
QBY vs. BUYW - Expense Ratio Comparison
QBY has a 1.07% expense ratio, which is lower than BUYW's 1.29% expense ratio.
Dividends
QBY vs. BUYW - Dividend Comparison
QBY's dividend yield for the trailing twelve months is around 153.94%, more than BUYW's 5.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BUYW Main Buywrite ETF | 5.92% | 5.89% | 5.93% | 5.95% | 0.50% |
QBY GraniteShares YieldBOOST QBTS ETF | 153.94% | 15.05% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QBY and BUYW have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QBY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QBY is cheaper with a 1.07% expense ratio, compared with 1.29% for BUYW.
QBY has the higher dividend yield at 153.94%, compared with 5.92% for BUYW.
They also come from different issuers: GraniteShares and Main. Their fees differ too: 1.07% for QBY and 1.29% for BUYW.
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