SHNY vs. MINT
SHNY (MicroSectors Gold 3X Leveraged ETN) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both exchange-traded funds - SHNY is a Leveraged Commodities fund managed by BMO, while MINT is a Ultrashort Bond fund actively managed by PIMCO. Over the past 3 years, SHNY returned 59.66%/yr vs 5.41%/yr for MINT. At a 0.01 correlation, their price movements are largely independent. SHNY charges 0.95%/yr vs 0.36%/yr for MINT.
Performance
SHNY vs. MINT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHNY achieves a -14.45% return, which is significantly lower than MINT's 1.81% return.
SHNY
- 1D
- -3.20%
- 1M
- -7.37%
- YTD
- -14.45%
- 6M
- -10.44%
- 1Y
- 49.39%
- 3Y*
- 59.66%
- 5Y*
- —
- 10Y*
- —
MINT
- 1D
- 0.00%
- 1M
- 0.36%
- YTD
- 1.81%
- 6M
- 2.20%
- 1Y
- 4.67%
- 3Y*
- 5.41%
- 5Y*
- 3.47%
- 10Y*
- 2.70%
SHNY vs. MINT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SHNY MicroSectors Gold 3X Leveraged ETN | -14.45% | 214.54% | 50.30% | 12.52% |
MINT PIMCO Enhanced Short Maturity Active ETF | 1.81% | 4.74% | 5.94% | 5.07% |
Correlation
The correlation between SHNY and MINT is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2023 | 0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SHNY vs. MINT — Risk / Return Rank
SHNY
MINT
SHNY vs. MINT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold 3X Leveraged ETN (SHNY) and PIMCO Enhanced Short Maturity Active ETF (MINT). 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.
| SHNY | MINT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -16.46 | ||
| Sortino ratioReturn per unit of downside risk | -64.30 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 20.53 | -19.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | 94.30 | -93.40 |
| Martin ratioReturn relative to average drawdown | 1.93 | 939.26 | -937.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SHNY | MINT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 17.09 | -16.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 5.99 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 2.47 | -1.45 |
Drawdowns
SHNY vs. MINT - Drawdown Comparison
The maximum SHNY drawdown since its inception was -54.99%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for SHNY and MINT.
Loading charts...
Drawdown Indicators
| SHNY | MINT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.99% | -4.62% | -50.37% |
Max Drawdown (1Y)Largest decline over 1 year | -54.99% | -0.05% | -54.94% |
Max Drawdown (3Y)Largest decline over 3 years | -54.99% | -0.16% | -54.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -4.62% | — |
Current DrawdownCurrent decline from peak | -54.99% | 0.00% | -54.99% |
Average DrawdownAverage peak-to-trough decline | -14.94% | -0.17% | -14.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.66% | 0.00% | +25.66% |
Volatility
SHNY vs. MINT - Volatility Comparison
MicroSectors Gold 3X Leveraged ETN (SHNY) has a higher volatility of 16.40% compared to PIMCO Enhanced Short Maturity Active ETF (MINT) at 0.09%. This indicates that SHNY's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SHNY | MINT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.40% | 0.09% | +16.31% |
Volatility (6M)Calculated over the trailing 6-month period | 70.87% | 0.20% | +70.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.80% | 0.27% | +78.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.36% | 0.58% | +57.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.36% | 0.95% | +57.41% |
SHNY vs. MINT - Expense Ratio Comparison
SHNY has a 0.95% expense ratio, which is higher than MINT's 0.36% expense ratio.
Dividends
SHNY vs. MINT - Dividend Comparison
SHNY has not paid dividends to shareholders, while MINT's dividend yield for the trailing twelve months is around 4.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MINT PIMCO Enhanced Short Maturity Active ETF | 4.28% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
SHNY MicroSectors Gold 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SHNY and MINT have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHNY has higher volatility (16.40%) compared to MINT (0.09%). In terms of maximum drawdown, SHNY dropped -54.99% vs MINT's -4.62%.
On 3-year performance, SHNY leads with 59.66% vs 5.41% for MINT. On fees, MINT is cheaper at 0.36% per year. On volatility, MINT has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SHNY has performed better with a 59.66% return vs 5.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MINT is cheaper with a 0.36% expense ratio, compared with 0.95% for SHNY.
MINT has the higher dividend yield at 4.28%, compared with 0.00% for SHNY.
SHNY is categorized as Leveraged Commodities, while MINT is Ultrashort Bond. They also come from different issuers: BMO and PIMCO. Their fees differ too: 0.95% for SHNY and 0.36% for MINT.
MINT currently has the higher Sharpe Ratio (17.09 vs 0.63), 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.
Find the right allocation for SHNY and MINT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer