RDYY vs. BSMU

Last updated Jun 24, 2026

RDYY (YieldMax RDDT Option Income Strategy ETF) and BSMU (Invesco BulletShares 2030 Municipal Bond ETF) are both exchange-traded funds - RDYY is a Derivative Income fund actively managed by YieldMax, while BSMU is a Municipal Bonds fund tracking the Invesco Bulletshares Municipal Bond 2030 Index. RDYY is actively managed, while BSMU is passively managed. At a 0.20 correlation, their price movements are largely independent. RDYY charges 0.99%/yr vs 0.18%/yr for BSMU.

Performance

RDYY vs. BSMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax RDDT Option Income Strategy ETF (RDYY) and Invesco BulletShares 2030 Municipal Bond ETF (BSMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDYY achieves a -23.45% return, which is significantly lower than BSMU's 0.71% return.

RDYY

• 1D: -2.17%
• 1M: 14.72%
• YTD: -23.45%
• 6M: -22.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSMU

• 1D: 0.00%
• 1M: 0.89%
• YTD: 0.71%
• 6M: 0.84%
• 1Y: 4.91%
• 3Y*: 2.69%
• 5Y*: -0.64%
• 10Y*: —

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

RDYY vs. BSMU - Yearly Performance Comparison

	2026 (YTD)	2025
RDYY YieldMax RDDT Option Income Strategy ETF	-23.45%	-5.31%
BSMU Invesco BulletShares 2030 Municipal Bond ETF	0.71%	1.47%

Correlation

The correlation between RDYY and BSMU is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.20

Return for Risk

RDYY vs. BSMU — Risk / Return Rank

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

RDYY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BSMU

BSMU Risk / Return Rank: 70
BSMU Sharpe Ratio Rank: 79
BSMU Sortino Ratio Rank: 86
BSMU Omega Ratio Rank: 88
BSMU Calmar Ratio Rank: 53
BSMU Martin Ratio Rank: 46

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.

RDYY vs. BSMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax RDDT Option Income Strategy ETF (RDYY) and Invesco BulletShares 2030 Municipal Bond ETF (BSMU). 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.

	RDYY	BSMU	Difference
Sharpe ratio: Return per unit of total volatility	—	2.29	—
Sortino ratio: Return per unit of downside risk	—	3.50	—
Omega ratio: Gain probability vs. loss probability	—	1.50	—
Calmar ratio: Return relative to maximum drawdown	—	2.39	—
Martin ratio: Return relative to average drawdown	—	7.07	—

Drawdowns

RDYY vs. BSMU - Drawdown Comparison

The maximum RDYY drawdown since its inception was -51.16%, which is greater than BSMU's maximum drawdown of -19.48%. Use the drawdown chart below to compare losses from any high point for RDYY and BSMU.

Drawdown Indicators

	RDYY	BSMU	Difference
Max Drawdown Largest peak-to-trough decline	-51.16%	-19.48%	-31.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.06%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.92%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.48%	—
Current Drawdown Current decline from peak	-34.72%	-4.69%	-30.03%
Average Drawdown Average peak-to-trough decline	-28.76%	-8.16%	-20.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.70%	—

Volatility

Volatility by Period

	RDYY	BSMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.93%	2.15%	+52.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.93%	4.82%	+50.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.93%	4.83%	+50.10%

RDYY vs. BSMU - Expense Ratio Comparison

RDYY has a 0.99% expense ratio, which is higher than BSMU's 0.18% expense ratio.

Dividends

RDYY vs. BSMU - Dividend Comparison

RDYY's dividend yield for the trailing twelve months is around 92.82%, more than BSMU's 2.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BSMU Invesco BulletShares 2030 Municipal Bond ETF	2.79%	2.82%	2.92%	2.66%	2.16%	1.60%	0.28%
RDYY YieldMax RDDT Option Income Strategy ETF	92.82%	25.20%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RDYY and BSMU in my portfolio?

RDYY and BSMU have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDYY or BSMU?

On fees, BSMU is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RDYY or BSMU?

BSMU is cheaper with a 0.18% expense ratio, compared with 0.99% for RDYY.

Which ETF pays a higher dividend yield, RDYY or BSMU?

RDYY has the higher dividend yield at 92.82%, compared with 2.79% for BSMU.

What is the main difference between RDYY and BSMU?

RDYY is categorized as Derivative Income, while BSMU is Municipal Bonds. They also come from different issuers: YieldMax and Invesco. Their fees differ too: 0.99% for RDYY and 0.18% for BSMU.