RDEIY vs. BABO
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 -9.03% vs 2.70% for BABO. At a correlation of -0.01, they often move in opposite directions.
Performance
RDEIY vs. BABO - Performance Comparison
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Returns By Period
In the year-to-date period, RDEIY achieves a -0.08% return, which is significantly higher than BABO's -20.83% return.
RDEIY
- 1D
- 0.00%
- 1M
- 4.27%
- 6M
- 3.38%
- YTD
- -0.08%
- 1Y
- -9.03%
- 3Y*
- 6.99%
- 5Y*
- 4.33%
- 10Y*
- 2.91%
BABO
- 1D
- 0.49%
- 1M
- -0.24%
- 6M
- -28.11%
- YTD
- -20.83%
- 1Y
- 2.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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 | -20.83% | 46.84% | 0.65% |
Correlation
The correlation between RDEIY and BABO is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2024 | -0.01 |
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Return for Risk
RDEIY vs. BABO — Risk / Return Rank
RDEIY
BABO
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 ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.04 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 0.06 | -0.47 |
| Martin ratioReturn relative to average drawdown | -0.63 | 0.15 | -0.77 |
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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.
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Drawdown Indicators
| RDEIY | BABO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.85% | -42.63% | +1.78% |
Max Drawdown (1Y)Largest decline over 1 year | -22.31% | -42.63% | +20.32% |
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 DrawdownCurrent decline from peak | -15.45% | -33.49% | +18.04% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -14.86% | +4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.41% | 18.55% | -4.14% |
Volatility
RDEIY vs. BABO - Volatility Comparison
The current volatility for Red Electrica Corporacion SA ADR (RDEIY) is 6.69%, while YieldMax BABA Option Income Strategy ETF (BABO) has a volatility of 11.85%. 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.
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Volatility by Period
| RDEIY | BABO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.69% | 11.85% | -5.16% |
Volatility (6M)Calculated over the trailing 6-month period | 15.27% | 25.72% | -10.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.80% | 36.54% | -16.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.39% | 36.92% | -15.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.35% | 36.92% | -14.57% |
Dividends
RDEIY vs. BABO - Dividend Comparison
RDEIY's dividend yield for the trailing twelve months is around 5.30%, less than BABO's 99.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BABO YieldMax BABA Option Income Strategy ETF | 99.77% | 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
RDEIY and BABO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BABO has higher volatility (11.85%) compared to RDEIY (6.69%). In terms of maximum drawdown, RDEIY dropped -40.85% vs BABO's -42.63%.
BABO currently has the higher Sharpe Ratio (0.07 vs -0.46), 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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