SDTY vs. FIVY

Last updated Aug 4, 2026

SDTY (YieldMax S&P 500 0DTE Covered Call Strategy ETF) and FIVY (YieldMax Dorsey Wright Hybrid 5 Income ETF) are both Derivative Income funds from YieldMax. SDTY is actively managed, while FIVY is passively managed. Their 0.64 correlation means they have sometimes moved together and sometimes differently. SDTY charges 1.01%/yr vs 0.88%/yr for FIVY.

Performance

SDTY vs. FIVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) and YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SDTY

• 1D: 1.26%
• 1M: 2.69%
• 6M: 8.01%
• YTD: 10.44%
• 1Y: 21.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.76%

FIVY

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	$537.49K	$460.25K	$563.86K

SDTY vs. FIVY - Yearly Performance Comparison

	2026 (YTD)	2025
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	10.44%	9.67%
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF	-6.12%	-8.95%

Correlation

The correlation between SDTY and FIVY is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025	0.64

The correlation between SDTY and FIVY has been stable across timeframes, ranging from 0.60 to 0.64 - a consistent structural relationship.

SDTY vs. FIVY - Sectors Allocation Comparison

Sectors	SDTY	FIVY
Technology	39.0%	20.5%
Financial Services	11.1%	60.9%
Communication Services	10.6%	9.9%
Consumer Cyclical	9.9%	-
Healthcare	8.3%	8.0%
Industrials	7.8%	-
Consumer Defensive	4.5%	-
Energy	3.1%	-
Utilities	2.1%	-
Real Estate	1.8%	-
Basic Materials	1.7%	-

Return for Risk

SDTY vs. FIVY — Risk / Return Rank

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

SDTY

SDTY Risk / Return Rank: 75
SDTY Sharpe Ratio Rank: 75
SDTY Sortino Ratio Rank: 74
SDTY Omega Ratio Rank: 75
SDTY Calmar Ratio Rank: 73
SDTY Martin Ratio Rank: 79

FIVY

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

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.

SDTY vs. FIVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) 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.

	SDTY	FIVY	Difference
Sharpe ratio: Return per unit of total volatility	1.79	—	—
Sortino ratio: Return per unit of downside risk	2.47	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.65	—	—
Martin ratio: Return relative to average drawdown	10.57	—	—

Drawdowns

Drawdown Indicators

	SDTY	FIVY	Difference
Max Drawdown Largest peak-to-trough decline	-18.63%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.02%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-2.84%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	—	—

Volatility

Volatility by Period

	SDTY	FIVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.92%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.48%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.48%	—	—

SDTY vs. FIVY - Expense Ratio Comparison

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

Dividends

SDTY vs. FIVY - Dividend Comparison

SDTY's dividend yield for the trailing twelve months is around 26.85%, while FIVY has not paid dividends to shareholders.

Position	TTM	2025
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF	43.42%	46.51%
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	26.85%	22.00%

Frequently Asked Questions

Can I hold both SDTY and FIVY in my portfolio?

SDTY and FIVY have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SDTY or FIVY?

On fees, FIVY is cheaper at 0.88% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDTY or FIVY?

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

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

FIVY has the higher dividend yield at 43.42%, compared with 26.85% for SDTY.

What is the main difference between SDTY and FIVY?

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