SQY vs. MSTY
Compare and contrast key facts about YieldMax SQ Option Income Strategy ETF (SQY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).
SQY and MSTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SQY is an actively managed fund by YieldMax. It was launched on Oct 10, 2023. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SQY or MSTY.
Correlation
The correlation between SQY and MSTY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SQY vs. MSTY - Performance Comparison
Key characteristics
SQY:
37.53%
MSTY:
79.68%
SQY:
-20.92%
MSTY:
-33.16%
SQY:
-10.61%
MSTY:
-13.14%
Returns By Period
In the year-to-date period, SQY achieves a 0.46% return, which is significantly lower than MSTY's 19.85% return.
SQY
0.46%
-3.49%
34.17%
41.99%
N/A
N/A
MSTY
19.85%
7.43%
76.38%
N/A
N/A
N/A
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SQY vs. MSTY - Expense Ratio Comparison
SQY has a 1.01% expense ratio, which is higher than MSTY's 0.99% expense ratio.
Risk-Adjusted Performance
SQY vs. MSTY — Risk-Adjusted Performance Rank
SQY
MSTY
SQY vs. MSTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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
SQY vs. MSTY - Dividend Comparison
SQY's dividend yield for the trailing twelve months is around 58.93%, less than MSTY's 102.05% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
SQY YieldMax SQ Option Income Strategy ETF | 58.93% | 62.54% | 9.85% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 102.05% | 104.56% | 0.00% |
Drawdowns
SQY vs. MSTY - Drawdown Comparison
The maximum SQY drawdown since its inception was -20.92%, smaller than the maximum MSTY drawdown of -33.16%. Use the drawdown chart below to compare losses from any high point for SQY and MSTY. For additional features, visit the drawdowns tool.
Volatility
SQY vs. MSTY - Volatility Comparison
The current volatility for YieldMax SQ Option Income Strategy ETF (SQY) is 10.75%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 23.32%. This indicates that SQY experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.