RDIV vs. MSTY

Last updated Jun 16, 2026

RDIV (Invesco S&P Ultra Dividend Revenue ETF) and MSTY (YieldMax™ MSTR Option Income Strategy ETF) are both exchange-traded funds - RDIV is a Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index, while MSTY is a Derivative Income fund actively managed by YieldMax. RDIV is passively managed, while MSTY is actively managed. Over the past year, RDIV returned 29.81% vs -60.49% for MSTY. At a 0.22 correlation, their price movements are largely independent. RDIV charges 0.39%/yr vs 0.99%/yr for MSTY.

Performance

RDIV vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Ultra Dividend Revenue ETF (RDIV) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDIV achieves a 14.73% return, which is significantly higher than MSTY's -12.23% return.

RDIV

• 1D: -1.73%
• 1M: 5.67%
• YTD: 14.73%
• 6M: 12.64%
• 1Y: 29.81%
• 3Y*: 18.46%
• 5Y*: 10.99%
• 10Y*: 11.04%

MSTY

• 1D: 4.50%
• 1M: -23.91%
• YTD: -12.23%
• 6M: -15.80%
• 1Y: -60.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDIV vs. MSTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RDIV Invesco S&P Ultra Dividend Revenue ETF	14.73%	12.36%	16.40%
MSTY YieldMax™ MSTR Option Income Strategy ETF	-12.23%	-42.71%	212.16%

Correlation

The correlation between RDIV and MSTY is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (All Time) Calculated using the full available price history since Feb 22, 2024	0.22

Return for Risk

RDIV vs. MSTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RDIV

RDIV Risk / Return Rank: 84
RDIV Sharpe Ratio Rank: 78
RDIV Sortino Ratio Rank: 83
RDIV Omega Ratio Rank: 74
RDIV Calmar Ratio Rank: 94
RDIV Martin Ratio Rank: 89

MSTY

MSTY Risk / Return Rank: 2
MSTY Sharpe Ratio Rank: 1
MSTY Sortino Ratio Rank: 1
MSTY Omega Ratio Rank: 1
MSTY Calmar Ratio Rank: 2
MSTY Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RDIV vs. MSTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Ultra Dividend Revenue ETF (RDIV) 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.

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.

	RDIV	MSTY	Difference
Sharpe ratio: Return per unit of total volatility	2.26	-0.99	+3.25
Sortino ratio: Return per unit of downside risk	3.33	-1.64	+4.97
Omega ratio: Gain probability vs. loss probability	1.39	0.82	+0.58
Calmar ratio: Return relative to maximum drawdown	6.18	-0.84	+7.03
Martin ratio: Return relative to average drawdown	18.36	-1.25	+19.61

RDIV vs. MSTY - Sharpe Ratio Comparison

The current RDIV Sharpe Ratio is 2.26, which is higher than the MSTY Sharpe Ratio of -0.99. The chart below compares the historical Sharpe Ratios of RDIV and MSTY, 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

RDIV vs. MSTY - Drawdown Comparison

The maximum RDIV drawdown since its inception was -49.97%, smaller than the maximum MSTY drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for RDIV and MSTY.

Drawdown Indicators

	RDIV	MSTY	Difference
Max Drawdown Largest peak-to-trough decline	-49.97%	-71.79%	+21.82%
Max Drawdown (1Y) Largest decline over 1 year	-4.84%	-71.79%	+66.95%
Max Drawdown (3Y) Largest decline over 3 years	-17.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.97%	—	—
Current Drawdown Current decline from peak	-1.73%	-65.49%	+63.76%
Average Drawdown Average peak-to-trough decline	-5.85%	-26.61%	+20.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	48.38%	-46.75%

Volatility

RDIV vs. MSTY - Volatility Comparison

The current volatility for Invesco S&P Ultra Dividend Revenue ETF (RDIV) is 4.07%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 19.30%. This indicates that RDIV 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.

Volatility by Period

	RDIV	MSTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	19.30%	-15.23%
Volatility (6M) Calculated over the trailing 6-month period	8.83%	49.85%	-41.02%
Volatility (1Y) Calculated over the trailing 1-year period	13.26%	61.63%	-48.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.56%	71.87%	-54.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.90%	71.87%	-49.97%

RDIV vs. MSTY - Expense Ratio Comparison

RDIV has a 0.39% expense ratio, which is lower than MSTY's 0.99% expense ratio.

Dividends

RDIV vs. MSTY - Dividend Comparison

RDIV's dividend yield for the trailing twelve months is around 3.57%, less than MSTY's 230.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSTY YieldMax™ MSTR Option Income Strategy ETF	230.78%	294.61%	104.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.57%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%

Frequently Asked Questions

Can I hold both RDIV and MSTY in my portfolio?

RDIV and MSTY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDIV or MSTY?

MSTY has higher volatility (19.30%) compared to RDIV (4.07%). In terms of maximum drawdown, RDIV dropped -49.97% vs MSTY's -71.79%.

Which ETF is better, RDIV or MSTY?

On 1-year performance, RDIV leads with 29.81% vs -60.49% for MSTY. On fees, RDIV is cheaper at 0.39% per year. On volatility, RDIV has been the lower-risk option at 4.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDIV or MSTY?

Over the 1-year period, RDIV has performed better with a 29.81% return vs -60.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDIV or MSTY?

RDIV is cheaper with a 0.39% expense ratio, compared with 0.99% for MSTY.

Which ETF pays a higher dividend yield, RDIV or MSTY?

MSTY has the higher dividend yield at 230.78%, compared with 3.57% for RDIV.

What is the main difference between RDIV and MSTY?

RDIV is categorized as Mid Cap Value Equities, while MSTY is Derivative Income. They also come from different issuers: Invesco and YieldMax. Their fees differ too: 0.39% for RDIV and 0.99% for MSTY.

Which has better risk-adjusted returns?

RDIV currently has the higher Sharpe Ratio (2.26 vs -0.99), 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.