SNOY vs. SNOW
Compare and contrast key facts about YieldMax SNOW Option Income Strategy ETF (SNOY) and Snowflake Inc. (SNOW).
SNOY is an actively managed fund by YieldMax. It was launched on Jun 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNOY or SNOW.
Correlation
The correlation between SNOY and SNOW is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SNOY vs. SNOW - Performance Comparison
Key characteristics
SNOY:
44.92%
SNOW:
53.79%
SNOY:
-17.35%
SNOW:
-72.99%
SNOY:
-7.29%
SNOW:
-53.98%
Returns By Period
In the year-to-date period, SNOY achieves a 10.69% return, which is significantly lower than SNOW's 19.78% return.
SNOY
10.69%
2.24%
42.38%
N/A
N/A
N/A
SNOW
19.78%
6.59%
60.54%
-14.45%
N/A
N/A
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Risk-Adjusted Performance
SNOY vs. SNOW — Risk-Adjusted Performance Rank
SNOY
SNOW
SNOY vs. SNOW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax SNOW Option Income Strategy ETF (SNOY) and Snowflake Inc. (SNOW). 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.
Not enough dataDividends
SNOY vs. SNOW - Dividend Comparison
SNOY's dividend yield for the trailing twelve months is around 35.18%, while SNOW has not paid dividends to shareholders.
| TTM | 2024 | |
|---|---|---|
SNOY YieldMax SNOW Option Income Strategy ETF | 35.18% | 33.32% |
SNOW Snowflake Inc. | 0.00% | 0.00% |
Drawdowns
SNOY vs. SNOW - Drawdown Comparison
The maximum SNOY drawdown since its inception was -17.35%, smaller than the maximum SNOW drawdown of -72.99%. Use the drawdown chart below to compare losses from any high point for SNOY and SNOW. For additional features, visit the drawdowns tool.
Volatility
SNOY vs. SNOW - Volatility Comparison
The current volatility for YieldMax SNOW Option Income Strategy ETF (SNOY) is 10.36%, while Snowflake Inc. (SNOW) has a volatility of 11.42%. This indicates that SNOY experiences smaller price fluctuations and is considered to be less risky than SNOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.