RDTY vs. FIVY

Last updated Jun 25, 2026

RDTY (YieldMax™ R2000 0DTE Covered Call Strategy ETF) and FIVY (YieldMax Dorsey Wright Hybrid 5 Income ETF) are both Derivative Income funds from YieldMax. RDTY is actively managed, while FIVY is passively managed. Over the past year, RDTY returned 23.90% vs -8.80% for FIVY. A 0.61 correlation means they provide meaningful diversification when combined. RDTY charges 1.01%/yr vs 0.88%/yr for FIVY.

Performance

RDTY vs. FIVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) and YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDTY achieves a 16.87% return, which is significantly higher than FIVY's -6.12% return.

RDTY

• 1D: -0.18%
• 1M: 4.30%
• YTD: 16.87%
• 6M: 14.33%
• 1Y: 23.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIVY

• 1D: 0.00%
• 1M: -1.85%
• YTD: -6.12%
• 6M: -8.33%
• 1Y: -8.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDTY vs. FIVY - Yearly Performance Comparison

	2026 (YTD)	2025
RDTY YieldMax™ R2000 0DTE Covered Call Strategy ETF	16.87%	10.93%
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF	-6.12%	4.79%

Correlation

The correlation between RDTY and FIVY is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Mar 6, 2025	0.61

The correlation between RDTY and FIVY has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.

Return for Risk

RDTY vs. FIVY — Risk / Return Rank

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

RDTY

RDTY Risk / Return Rank: 48
RDTY Sharpe Ratio Rank: 43
RDTY Sortino Ratio Rank: 43
RDTY Omega Ratio Rank: 40
RDTY Calmar Ratio Rank: 60
RDTY Martin Ratio Rank: 56

FIVY

FIVY Risk / Return Rank: 7
FIVY Sharpe Ratio Rank: 6
FIVY Sortino Ratio Rank: 7
FIVY Omega Ratio Rank: 7
FIVY Calmar Ratio Rank: 7
FIVY Martin Ratio Rank: 7

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.

RDTY vs. FIVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) and YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY). 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.

	RDTY	FIVY	Difference
Sharpe ratio: Return per unit of total volatility	1.38	-0.28	+1.66
Sortino ratio: Return per unit of downside risk	1.97	-0.18	+2.15
Omega ratio: Gain probability vs. loss probability	1.24	0.98	+0.26
Calmar ratio: Return relative to maximum drawdown	2.61	-0.27	+2.88
Martin ratio: Return relative to average drawdown	8.73	-0.53	+9.26

RDTY vs. FIVY - Sharpe Ratio Comparison

The current RDTY Sharpe Ratio is 1.38, which is higher than the FIVY Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of RDTY and FIVY, 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

RDTY vs. FIVY - Drawdown Comparison

The maximum RDTY drawdown since its inception was -17.31%, smaller than the maximum FIVY drawdown of -32.77%. Use the drawdown chart below to compare losses from any high point for RDTY and FIVY.

Drawdown Indicators

	RDTY	FIVY	Difference
Max Drawdown Largest peak-to-trough decline	-17.31%	-32.77%	+15.46%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	-32.77%	+23.57%
Current Drawdown Current decline from peak	-1.03%	-19.89%	+18.86%
Average Drawdown Average peak-to-trough decline	-2.67%	-13.67%	+11.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	16.60%	-13.85%

Volatility

RDTY vs. FIVY - Volatility Comparison

The current volatility for YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) is 5.74%, while YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) has a volatility of 8.65%. This indicates that RDTY experiences smaller price fluctuations and is considered to be less risky than FIVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDTY	FIVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.74%	8.65%	-2.91%
Volatility (6M) Calculated over the trailing 6-month period	13.15%	21.98%	-8.83%
Volatility (1Y) Calculated over the trailing 1-year period	17.51%	31.19%	-13.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.03%	32.82%	-10.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.03%	32.82%	-10.79%

RDTY vs. FIVY - Expense Ratio Comparison

RDTY has a 1.01% expense ratio, which is higher than FIVY's 0.88% expense ratio.

Dividends

RDTY vs. FIVY - Dividend Comparison

RDTY's dividend yield for the trailing twelve months is around 42.37%, less than FIVY's 47.61% yield.

Position	TTM	2025
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF	47.61%	46.51%
RDTY YieldMax™ R2000 0DTE Covered Call Strategy ETF	42.37%	36.75%

Frequently Asked Questions

Can I hold both RDTY and FIVY in my portfolio?

RDTY and FIVY have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDTY or FIVY?

FIVY has higher volatility (8.65%) compared to RDTY (5.74%). In terms of maximum drawdown, RDTY dropped -17.31% vs FIVY's -32.77%.

Which ETF is better, RDTY or FIVY?

On 1-year performance, RDTY leads with 23.90% vs -8.80% for FIVY. On fees, FIVY is cheaper at 0.88% per year. On volatility, RDTY has been the lower-risk option at 5.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDTY or FIVY?

Over the 1-year period, RDTY has performed better with a 23.90% return vs -8.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDTY or FIVY?

FIVY is cheaper with a 0.88% expense ratio, compared with 1.01% for RDTY.

Which ETF pays a higher dividend yield, RDTY or FIVY?

FIVY has the higher dividend yield at 47.61%, compared with 42.37% for RDTY.

What is the main difference between RDTY and FIVY?

Their fees differ too: 1.01% for RDTY and 0.88% for FIVY.

Which has better risk-adjusted returns?

RDTY currently has the higher Sharpe Ratio (1.38 vs -0.28), 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.