SQY vs. SQ
Compare and contrast key facts about YieldMax SQ Option Income Strategy ETF (SQY) and Square, Inc. (SQ).
SQY is an actively managed fund by YieldMax. It was launched on Oct 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SQY or SQ.
Key characteristics
| SQY | SQ | |
|---|---|---|
| YTD Return | 22.14% | 7.82% |
| 1Y Return | 56.65% | 61.94% |
| Sharpe Ratio | 1.65 | 1.37 |
| Sortino Ratio | 2.19 | 2.02 |
| Omega Ratio | 1.30 | 1.25 |
| Calmar Ratio | 2.80 | 0.78 |
| Martin Ratio | 5.65 | 3.52 |
| Ulcer Index | 10.34% | 18.03% |
| Daily Std Dev | 35.41% | 46.47% |
| Max Drawdown | -20.92% | -86.08% |
| Current Drawdown | 0.00% | -70.41% |
Correlation
The correlation between SQY and SQ 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
SQY vs. SQ - Performance Comparison
In the year-to-date period, SQY achieves a 22.14% return, which is significantly higher than SQ's 7.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SQY vs. SQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) and Square, Inc. (SQ). 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.
Dividends
SQY vs. SQ - Dividend Comparison
SQY's dividend yield for the trailing twelve months is around 54.59%, while SQ has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
SQY YieldMax SQ Option Income Strategy ETF | 54.59% | 9.85% |
SQ Square, Inc. | 0.00% | 0.00% |
Drawdowns
SQY vs. SQ - Drawdown Comparison
The maximum SQY drawdown since its inception was -20.92%, smaller than the maximum SQ drawdown of -86.08%. Use the drawdown chart below to compare losses from any high point for SQY and SQ. For additional features, visit the drawdowns tool.
Volatility
SQY vs. SQ - Volatility Comparison
The current volatility for YieldMax SQ Option Income Strategy ETF (SQY) is 11.28%, while Square, Inc. (SQ) has a volatility of 14.74%. This indicates that SQY experiences smaller price fluctuations and is considered to be less risky than SQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.