SLTY vs. CRSH

Last updated Jun 25, 2026

SLTY (YieldMax Ultra Short Option Income Strategy ETF) and CRSH (YieldMax Short TSLA Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. At a 0.38 correlation, their price movements are largely independent. SLTY charges 1.24%/yr vs 0.99%/yr for CRSH.

Performance

SLTY vs. CRSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Ultra Short Option Income Strategy ETF (SLTY) and YieldMax Short TSLA Option Income Strategy ETF (CRSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLTY achieves a -7.07% return, which is significantly lower than CRSH's 12.45% return.

SLTY

• 1D: -2.48%
• 1M: -1.42%
• YTD: -7.07%
• 6M: -5.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRSH

• 1D: 1.32%
• 1M: 9.65%
• YTD: 12.45%
• 6M: 19.65%
• 1Y: -7.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLTY vs. CRSH - Yearly Performance Comparison

	2026 (YTD)	2025
SLTY YieldMax Ultra Short Option Income Strategy ETF	-7.07%	-12.61%
CRSH YieldMax Short TSLA Option Income Strategy ETF	12.45%	-21.32%

Correlation

The correlation between SLTY and CRSH is 0.38, 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 Aug 21, 2025	0.38

Return for Risk

SLTY vs. CRSH — Risk / Return Rank

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

SLTY

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

CRSH

CRSH Risk / Return Rank: 7
CRSH Sharpe Ratio Rank: 7
CRSH Sortino Ratio Rank: 7
CRSH Omega Ratio Rank: 7
CRSH Calmar Ratio Rank: 7
CRSH 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.

SLTY vs. CRSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Short Option Income Strategy ETF (SLTY) and YieldMax Short TSLA Option Income Strategy ETF (CRSH). 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.

	SLTY	CRSH	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.22	—
Sortino ratio: Return per unit of downside risk	—	-0.07	—
Omega ratio: Gain probability vs. loss probability	—	0.99	—
Calmar ratio: Return relative to maximum drawdown	—	-0.23	—
Martin ratio: Return relative to average drawdown	—	-0.35	—

Drawdowns

SLTY vs. CRSH - Drawdown Comparison

The maximum SLTY drawdown since its inception was -21.27%, smaller than the maximum CRSH drawdown of -63.68%. Use the drawdown chart below to compare losses from any high point for SLTY and CRSH.

Drawdown Indicators

	SLTY	CRSH	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-63.68%	+42.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-33.45%	—
Current Drawdown Current decline from peak	-18.80%	-55.76%	+36.96%
Average Drawdown Average peak-to-trough decline	-14.35%	-43.42%	+29.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.71%	—

Volatility

Volatility by Period

	SLTY	CRSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.26%	35.54%	-17.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	47.24%	-28.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	47.24%	-28.98%

SLTY vs. CRSH - Expense Ratio Comparison

SLTY has a 1.24% expense ratio, which is higher than CRSH's 0.99% expense ratio.

Dividends

SLTY vs. CRSH - Dividend Comparison

SLTY's dividend yield for the trailing twelve months is around 79.09%, less than CRSH's 82.03% yield.

Position	TTM	2025	2024
CRSH YieldMax Short TSLA Option Income Strategy ETF	82.03%	138.78%	94.25%
SLTY YieldMax Ultra Short Option Income Strategy ETF	79.09%	29.68%	0.00%

Frequently Asked Questions

Can I hold both SLTY and CRSH in my portfolio?

SLTY and CRSH have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLTY or CRSH?

On fees, CRSH is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLTY or CRSH?

CRSH is cheaper with a 0.99% expense ratio, compared with 1.24% for SLTY.

Which ETF pays a higher dividend yield, SLTY or CRSH?

CRSH has the higher dividend yield at 82.03%, compared with 79.09% for SLTY.

What is the main difference between SLTY and CRSH?

Their fees differ too: 1.24% for SLTY and 0.99% for CRSH.