RDEIY vs. BABO

Last updated Aug 1, 2026

RDEIY (Red Electrica Corporacion SA ADR) is a stock, while BABO (YieldMax BABA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, RDEIY returned -3.11% vs 1.60% for BABO. Their -0.02 correlation means they have often moved in opposite directions in the past.

Performance

RDEIY vs. BABO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Red Electrica Corporacion SA ADR (RDEIY) and YieldMax BABA Option Income Strategy ETF (BABO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDEIY achieves a -0.08% return, which is significantly higher than BABO's -15.94% return.

RDEIY

• 1D: -0.57%
• 1M: 1.51%
• 6M: 6.09%
• YTD: -0.08%
• 1Y: -3.11%
• 3Y*: 7.81%
• 5Y*: 3.27%
• 10Y*: 2.65%
• ALL TIME*: 8.47%

BABO

• 1D: 3.50%
• 1M: 21.29%
• 6M: -25.18%
• YTD: -15.94%
• 1Y: 1.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BABO YieldMax BABA Option Income Strategy ETF	$214.70K	$279.41K	$371.42K
RDEIY Red Electrica Corporacion SA ADR	$301.43K	$481.27K	$722.10K

RDEIY vs. BABO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RDEIY Red Electrica Corporacion SA ADR	-0.08%	14.04%	-4.50%
BABO YieldMax BABA Option Income Strategy ETF	-15.94%	46.84%	0.65%

Correlation

The correlation between RDEIY and BABO is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.03
Correlation (All Time) Calculated using the full available price history since Aug 8, 2024	-0.02

Return for Risk

RDEIY vs. BABO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RDEIY

RDEIY Risk / Return Rank: 33
RDEIY Sharpe Ratio Rank: 35
RDEIY Sortino Ratio Rank: 29
RDEIY Omega Ratio Rank: 29
RDEIY Calmar Ratio Rank: 36
RDEIY Martin Ratio Rank: 36

BABO

BABO Risk / Return Rank: 11
BABO Sharpe Ratio Rank: 10
BABO Sortino Ratio Rank: 12
BABO Omega Ratio Rank: 12
BABO Calmar Ratio Rank: 11
BABO Martin Ratio Rank: 10

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RDEIY vs. BABO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Red Electrica Corporacion SA ADR (RDEIY) and YieldMax BABA Option Income Strategy ETF (BABO). 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.

	RDEIY	BABO	Difference
Sharpe ratio: Return per unit of total volatility	-0.21	-0.03	-0.18
Sortino ratio: Return per unit of downside risk	-0.15	0.24	-0.39
Omega ratio: Gain probability vs. loss probability	0.98	1.03	-0.05
Calmar ratio: Return relative to maximum drawdown	-0.24	-0.03	-0.22
Martin ratio: Return relative to average drawdown	-0.45	-0.05	-0.40

RDEIY vs. BABO - Sharpe Ratio Comparison

The current RDEIY Sharpe Ratio is -0.21, which is lower than the BABO Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of RDEIY and BABO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RDEIY vs. BABO - Drawdown Comparison

The maximum RDEIY drawdown since its inception was -40.85%, roughly equal to the maximum BABO drawdown of -42.63%. Use the drawdown chart below to compare losses from any high point for RDEIY and BABO.

Drawdown Indicators

	RDEIY	BABO	Difference
Max Drawdown Largest peak-to-trough decline	-40.85%	-42.63%	+1.78%
Max Drawdown (1Y) Largest decline over 1 year	-16.71%	-42.63%	+25.92%
Max Drawdown (3Y) Largest decline over 3 years	-25.03%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.37%	—	—
Current Drawdown Current decline from peak	-15.45%	-29.38%	+13.93%
Average Drawdown Average peak-to-trough decline	-10.87%	-15.33%	+4.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.87%	20.00%	-11.13%

Volatility

RDEIY vs. BABO - Volatility Comparison

The current volatility for Red Electrica Corporacion SA ADR (RDEIY) is 4.04%, while YieldMax BABA Option Income Strategy ETF (BABO) has a volatility of 11.95%. This indicates that RDEIY experiences smaller price fluctuations and is considered to be less risky than BABO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDEIY	BABO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	11.95%	-7.91%
Volatility (6M) Calculated over the trailing 6-month period	15.15%	24.78%	-9.63%
Volatility (1Y) Calculated over the trailing 1-year period	19.44%	36.71%	-17.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.36%	36.86%	-15.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.16%	36.86%	-14.70%

Dividends

RDEIY vs. BABO - Dividend Comparison

RDEIY's dividend yield for the trailing twelve months is around 5.30%, less than BABO's 95.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BABO YieldMax BABA Option Income Strategy ETF	95.83%	85.50%	20.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RDEIY Red Electrica Corporacion SA ADR	5.30%	4.93%	6.30%	6.54%	6.21%	4.42%	4.50%	3.92%	3.48%	6.36%	4.63%	2.84%

Frequently Asked Questions

Can I hold both RDEIY and BABO in my portfolio?

RDEIY and BABO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDEIY or BABO?

BABO has higher volatility (11.95%) compared to RDEIY (4.04%). In terms of maximum drawdown, RDEIY dropped -40.85% vs BABO's -42.63%.

Which has better risk-adjusted returns?

BABO currently has the higher Sharpe Ratio (-0.03 vs -0.21), 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.